You’ll forgive us for saying this (actually you won’t if you’re a crypto proponent) but it kind of feels like this is the beginning of the end for the cryptocurrency craze.
Don’t say no one told you how to BTFD.
Well, in what we can only describe as a sign of the surreal times in which we live (and trade)…
“…you still need to assume that the major central banks simply pat Ripple execs on the fanny, say good game and thank you for destroying big chunks of our business, we’ll just sit in the corner and go f*ck ourselves as you steal our money printing power.”
“There’s absolutely nothing driving this rally except rampant FOMO, misinformation, and speculation.”
And not a moment too soon for the bulls.
This is so laughable that the English language is not a sufficient tool…
“…there is no guarantee that any of these folks will still be billionaires when Forbes publishes its next list in March.”
Fortunately, there’s still time to “diversify”…
This should be fine.