Post
Topic
Board Speculation
Re: Many cryptocurrency players have gone bankrupt
by
greeklogos
on 15/03/2019, 20:55:18 UTC
Many cryptocurrency players have gone bankrupt
As I said in this year's new futures market
Such speculation has already allowed many former winners to Departure .
I don’t think there is any exchanges that I know that have gone bankrupt, unless you’re referring to these new exchanges.
As for new exchanges, it’s already a normal thing they will always go bankrupt cause majority of them are not well planned. I’m not the type of person that even makes use of new exchanges, I choose the ones with good reputation and have been into the business for a long time.
Old exchanges have already established good market relation and many investors giving their trust into them. Taking a look into new exchanges, we cant say that they can be trusted cause many of them  were just useless or just scamming. In fact, many investors suffer losing of their account keys just because of them.  This is some reason why they could be easily to bankrupt and gone in crypto space.
I think the bankrupt case belongs not to loosing keys, but to the fact that trading places filled with people who almost do not know about crypto and invested in it on top prices with the expectation that bitcoin will continue its move after 20k$.