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RE: Dismal Days: Shitty Markets, Shitty Weather, and Fear of Anarchism in the Hearts of Many.
winter sucks, as far as the cryptos and regulation consider that for them to really take it to the next level they will need some level of regulation to be secure enough for people to put big money into. As long as it is the wild west and you could wake up to nothing or be stolen from without any recourse no one wants to put their big money it.
Actually almost all coins were doing great before the crippling regs began to be added. Now you've got several major credit card companies banning the purchase of BTC, and US "economists" like Paul Krugman saying the whole thing is a fraud, essentially telling folks what they can and cannot purchase and then pretending they don't know why it is dipping. I'll take the "wild west" (free market) any day.
it's very good that the credit card companies did that, if you really want some crippling regulations let a bunch of idiots buy them with credit cards and then lose their asses, would you advise someone to buy crypto with a credit card?
Krugman saying that is also great news, he is always wrong!