What is that, what is happening with cryptocurrrencies. Is it new crisis? No, It is hardly a crisis. Don't worry. There are some reasons why cryptocurrencies price is falling down. The first one is that large institutional investors widthdrew their money because of incresing the risk which is connected with HYPE. Many of us bought cryptocurrencies with the hope of price incresing and we are losing money now. Some of us fixed their cost, some not but this is the reason too why institutional investors left. They are afraid of householders. Earler, market was restricted and there were only professionals or those lucky one who invested in cryptocurrencies in 2010 or even earler.
The second reason is that Proof of work is loosing position. Experts thing that the future development of technologies connected with proof of stake. Therefore we can see apperance many new protocols and coins on the market on POS. So, it influence on video cards consumption as long as miners connected with it. And the third one is appearance of special government acts that ask us verification and validation , they also put taxes on our earning amd moreover restricted Asia market where many investors live. So, What is the next? I thing that in the future cryptocurrencies price will stabilize as it shows history of Technologies and Gartner's cycle.
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