A peer to peer(P2P) cryptocurrency exchange known as Localcryptos have announced that they are shutting down operations, citing anticipated downtrend in cryptocurrency market as one of their reasons, they also mentions something about health issues which I personally think is understandable....
But shutting down a crypto currency exchange business solely because of a bear market, do you guys think that's ideal?
I mean, were they expecting Bitcoin and cryptocurrencies in general to keep going up and up and never down for whatever reason???
This and many more questions popping up in my head after reading their Announcement.
What do you guys think.?