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RE: Why are Digital Currency Prices Dropping? Time to Buy Steem!

in #cryptocurrency7 years ago

I happen to think that this article is misleading and cryptos are purely speculative at this point. I hope I am wrong as we all can agree on that but the truth is any new asset class in its infancy (and yes even 8 years of cryptocurrency in existence is peanuts by measure) will continue to remain volatile until it reaches critical mass and its infrastructure becomes better over time which will ONLY happen by trial and error. It will fail for a while until others come along and learn from past mistakes, much like the new exchanges for example have learned a little bit from Mt. Gox's hack. Similar yet different in what I'm trying to explain. Feel free to gamble for now though, because you'll definitely get the blood flowing if you wanna throw your money into investing in these...

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