Re:Yahoo Finance has added over 100 cryptocurrency quote pages
by ben_jones on Monday December 11, 2017 @10:59AM
(#15897815)
I do wonder if a catastrophic hit to bitcoin might shake consumer confidence in other parts of the tech or finance industry.
[ Parent
| on HN ]
Re:Yahoo Finance has added over 100 cryptocurrency quote pages
by mrb on Monday December 11, 2017 @12:31PM
(#15898578)
Bitcoin has already suffered three catastrophic losses in its history. -70%/-80%/-90% in 2011, 2013, 2014. See http://bitcoin.zorinaq.com/price/ It has always recovered with suprising ease.
Re:Yahoo Finance has added over 100 cryptocurrency quote pages
by aphextron on Monday December 11, 2017 @12:38PM
(#15898632)
>Bitcoin has already suffered three catastrophic losses in its history. -70%/-80%/-90% in 2011, 2013, 2014. See http://bitcoin.zorinaq.com/price/ It has always recovered with suprising ease.
...with 10x lower market cap. This is getting out of hand, which is the problem. Complete know-nothings are getting into it now. There are ads on Reddit asking people to invest their IRA in Bitcoin. It's like the whole world has lost its' mind.
Re:Yahoo Finance has added over 100 cryptocurrency quote pages
by kaffeemitsahne on Monday December 11, 2017 @11:02AM
(#15897851)
It could reduce confidence of retail investors, according to Deutsche Bank.
https://www.bloomberg.com/news/articles/2017-12-07/deutsche-...
#13 on the list.