The Investment Thread

SaintInBucLand said

I am wondering how solvent some of these crypto wallets and crypto exchanges are(yes I know poor grammar).

Could we see a virtual run on them with so many people dumping their crypto and trying to get out and get the cash deposited into their banks? Binance has also halted any kind of selling buying or transfers.

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I think that's certainly possible. I'm still not really sure how you can do proper valuations on crypto currencies. They seem to me to be largely speculation driven with little intrinsic value, surviving on hope and perception. So, for some of these cryptos with low adoption rate, it seems not only possible, but likely that they will collapse entirely.