Re:No End in Sight for Crypto Sell-Off as Bitcoin Breaches $...
by throwaway5752 on Tuesday November 20, 2018 @10:22AM
(#18494409)
"somebody here could venture a guess about the reasons for the sudden drop"
It has no inherent value, is a poor currency substitute, it is a poor store of value, and is on a long term trajectory to zero. People are realizing this and liquidating large/low basis cost positions.
It has no inherent value, is a poor currency substitute, it is a poor store of value, and is on a long term trajectory to zero. People are realizing this and liquidating large/low basis cost positions.