For all the oooommmpphh for cryptocurrencies I do understand something called speculation, which is what is happening nowadays. People tend to forget the late 1990’s, when penny stocks, tech stocks, internet stocks, climbed in a matter of minutes by 50% or more; and this was happening with stocks that in practice represented companies in existence (on paper that is at least) ….. many companies that were doing NOTHING. Same goes for this now. One difference. If the cryptocurrency deal evolves, and we all recognize that it adds value to our trading process, banks will go broke in no time. So, have money to throw away, risk it. Bought at 700 now at +2000 - but that is me.
@indepthstory