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I cant believe Solana hasn't crashed in price after its blockchain stopped recently.


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Posted

I cannot find the crypto forum and thus raise it here. 

 

The Solana blockchain recently stopped. You can watch many youtube videos about this. Basically I cannot believe that the price is still holding in the $150usd range. Why is it not below $100 after this show stopping bug? I assume it might be because so many keen investors blindly invested their hard earned cash and dont want to take losses. 

 

Years ago after the Ethereum crypto kitties issue happened the price really dumped. It should be happening now with Solana. 

 

Any comments?

Posted

The forum in their wisdom seems to have moved the crypto discussions section to https://aseannow.com/forum/228-cryptocurrency-news/  

under Forum Home / From the World / Cryptocurrency News.

 

My take on SOL is like all crypto's, it has no intrinsic value and so all filed under the 'greater fool theory' of trading. i.e. you buy it on hope some fool will pay more for for yours later without any reason other than the momentum at the time or some Reddit crowd run on a worthless security.

 

  • Haha 1

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