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A comment on Cryptocurrencies are collapsing. Parent comment

Re:Cryptocurrencies are collapsing by mschuster91 on Tuesday January 16, 2018 @04:54AM (#16156967)
There are a bunch of coins that lost over 20% in 24h, and the 7d-situation looks even worse with even huge coins like Ripple taking a 45% drop in value.
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Re:Cryptocurrencies are collapsing by sidhuko on Tuesday January 16, 2018 @05:04AM (#16157019)
48 now. Ripple's being hit hard.
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Re:Cryptocurrencies are collapsing by Cthulhu_ on Tuesday January 16, 2018 @05:16AM (#16157076)
Ripple was way overvalued, it was intended to be about $1.
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Re:Cryptocurrencies are collapsing by lawlessone on Tuesday January 16, 2018 @05:34AM (#16157159)
The creators have also pretty much premined or own all the "coin".

They even warned people on the Ripple website not to speculate on it.

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