They're thieves right?
If, for some insane reason, you'd borrowed from a bank to invest & the bank looked at the state of the Cryptomarkets currently, I reckon they'd be phoning you non-stop asking for their cash back ;) Anyone think they'd advise a HODL strategy if it were their own funds? But we know better right?
So, with a pot of Euros sat waiting to buy, it's a very exciting period - a little like going back in time a way but having seen a glimpse of the future. I hope there are no high-profile casualties amongst the currencies though - some may not see this out if it continues to drop. It's a fair way to 1st August!
I think the ICO coins are the biggest worry. Any decentralized coin, there is no one for the gov to shut down. ICO, big difference and regulators are coming for cryptos. Suppose the gov shuts down your dev's office and freezes their accounts...where does the price of your coin go then?
You're right. I was only talking to someone this evening at a party & he brought up the whole ICO token issue. It's attracting attention, that's for sure.
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