News for hackers. Stuff that matters.

A comment on No End in Sight for Crypto Sell-Off as Bitcoin Breaches $4,250. Parent comment

Re:No End in Sight for Crypto Sell-Off as Bitcoin Breaches $... by hyperpape on Tuesday November 20, 2018 @09:19AM (#18493930)
I can't swear that it's the cause, but it looks like expectations have changed around whether ICOs would be required to classify themselves as securities: https://twitter.com/prestonjbyrne/status/1064714421061255168

This has been obvious to everyone paying attention for a long time, but most people in this market are there because they don't pay attention.

[ Parent | on HN ]
Re:No End in Sight for Crypto Sell-Off as Bitcoin Breaches $... by danaos on Tuesday November 20, 2018 @09:38AM (#18494057)
As a counterpoint, bitcoin has dropped faster than Ethereum, the principal ICO platform.
[ Parent | on HN ]
Re:No End in Sight for Crypto Sell-Off as Bitcoin Breaches $... by airstrike on Tuesday November 20, 2018 @10:18AM (#18494361)
Only because Ethereum dropped significantly more earlier in the year (from $293 in September to $193 a few days later...)
[ Parent | on HN ]