Bitcoin, Ether Sink as ‘Sense of Panic’ Grips Crypto Investors

Re:Bitcoin, Ether Sink as ‘Sense of Panic’ Grips Crypto Inve... by anotheramala on Tuesday August 14, 2018 @10:26AM (#17758205)

Wall Street wants to trust it's money to miners in China? The whole mining concept is ridiculous, but they have probably done stupider things so it could happen.

[ Parent | on HN ]

Re:Bitcoin, Ether Sink as ‘Sense of Panic’ Grips Crypto Inve... by JumpCrisscross on Tuesday August 14, 2018 @11:26AM (#17758774)

> Wall Street wants to trust it's money to miners in China?

No, but it will happily take a commission selling you a Bitcoin or Bitcoin derivative.

[ Parent | on HN ]

Re:Bitcoin, Ether Sink as ‘Sense of Panic’ Grips Crypto Inve... by 0x4f3759df on Tuesday August 14, 2018 @10:41AM (#17758344)

The latest Trace Mayer podcast is worth a listen: "Wall Street veteran Caitlin Long discusses the sixth network effect of financialization with Wall Street and institutional investors." https://www.bitcoin.kn/

Also Bitmain is basically insolvent.

[ Parent | on HN ]