All Crypto Coins Drop after Weiss and Kryptous Ratings
Looks like senior Partners in Institutions got rattled by the ratings from Weiss and the in-depth analysis by Kryptous.
https://kryptous.com/btc-bitcoin-rating-by-kryptous/They were relying on younger partners and didn't understand what crypto and all these junk coins are.
Now that tech guys who speak finance lingo are putting out info the dinosaur senior partners can understand the bigger investment houses are pulling back on crypto buys and firing their crypto gurus.
All they have to ask now about a coin is, exactly what does the coin produce in the way of a product or service or income stream.
Exactly where is the company based out of behind the coin and who is the CEO.
Lots of shakeups happening now with young pro crypto gurus getting fired by the senior partners for getting firms money tied up in crypto.
Imagine a senior partner in a big investment house saying to a junior partner that got them into Bitcoin.
What do you mean there's no company running Bitcoin.
What do you mean it's creator disappeared and no one ever saw him.
Why does it waste so much energy running it?
Why is it so slow and expensive to use?
Why are experts saying this crap won't scale?
Red across the board again today.
The exchanges need to untie the alt coins from BTC values.
BTC is now hurting every coin.