repulsewarrior wrote:...and yet some smart investors are expecting am imminent crash. Why?
Grossly over valued. The price does not reflect the company's performance thus far but it's potential coupled with the fact that Elon is a billionaire !!
repulsewarrior wrote:...and yet some smart investors are expecting am imminent crash. Why?
Earlier this past week, Bitcoin dropped 15 percent over 24 hours to its lowest value since December 2020. Last month, TerraUSD, a stablecoin – a system that was supposed to perform a lot like a conventional bank account but was backed only by a cryptocurrency called Luna – collapsed, losing 97 percent of its value in just 24 hours, apparently destroying some investors’ life savings
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