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RE: Why the Crypto Markets are getting rekt

in #bitcoin6 years ago

Good writing!

I agree with the newbie that losing their sh!t way too easily and early.

1 more point to add, the recent Google ban on crypto ads also causing the bearish mood - I've just written an article for it.

Keep up your good effort!

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Definitely the giants (Facebook, Google, Twitter) banning crypto ads is also having an effect on price.

Although it makes me wonder - are they banning to keep the bad projects out or as a way to protect themselves against some of the good projects that will challenge their existing business model and dominance?

Unless they are going to release their own cryptocurrency/blockchain product, their business shouldn't be directly impacted.

But then again, it's hard to tell what's these big players are thinking at the moment. :)

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