Quote:
Originally Posted by Boston-Sean
Same as all the other "massive falls". Wait that's not true. Some of the others have been 80 or 90% falls.
So this one is not so bad. So far.
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Unlike stocks in companies that actually produce something, or have tangible assets, crypto is nothing more than a pyramid/Ponzi scheme that is basically unregulated at the moment. Once the suckers at the bottom become spooked and regulation moves in - the whole thing falls down. It's happening now.