Reply to post: Bitcon falling but not fooling

Crypto crash leads to inventory pile-up at Nvidia, sales slaughtered

YARR

Bitcon falling but not fooling

What a suprise that BTC is still falling, given the inherent ponzi-scheme design whereby later coins require (exponentially?) more work to produce. There ought to be a law against that sort of thing.

Therefore the gradual fall in value must disguise a severe fall in demand. Get out while you still can, I'd say.

We've heard from the benefactors, but the losers seem rather quiet. I wonder, could Crypto loses trigger a global recession?

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