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RE: Dare we actually stop and assess the "value" of Crypto? 🤔🕵💵
This was true in the dot com era. Some basic ISP's were massively overvalued. They ended up worthless. I'm sure it will happen to a lot of cryptocurrency coins too but there will also be many that are good value. The dot com bubble burst when most of the general public started to invest. Are we anywhere near that with Crypto? It doesn't seem like it yet to me but it's much easier to see after it happens.
Just looked of one that I made a bit of money with back in 2000. I sold most just before it all went wrong but I still have a few share that are now worthless. https://www.theregister.co.uk/2002/02/08/totalise_is_bust_founder_mops/
Thanks for the comment. Yeah it's very hard to study it all until after it happens. But the sad truth is at some point a lot of people will pump a lot of money into a coin or coins than will just drop like a stone and never recover, if they have their initial investment back at least it will be easier to take.