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| Topic | Why is cryptocurrency crashing hard? |
| solosnake 12/22/17 10:12:13 AM #7: | hollow_shrine posted... Because people are starting to realize it's a kind of capital gains and that it can theoretically be taxed as such, and because recent reporting about it reveals it's value to be somewhat illusory. Granted the value of all money is illusory, but most currencies are backed by something real that carries consistent value. Cryptocurrencies are not. They're a bubble that is largely kept afloat by our attention spans. Actually most modern currencies arent backed by anything --- "We would have no NBA possibly if they got rid of all the flopping." ~ Dwyane Wade http://i.imgur.com/MYYEIx5.gif http://i.imgur.com/WGE12ef.jpg ... Copied to Clipboard! |
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