Crypto is not a ponzi, so your comment is not correct......that comment is more applicable to FIAT...in that, the chairs are always shrinking and deteriorating.
Price hike was based on free coins coming out of the fork.
Crypto is really being driven by utility and value. Prices and markets for sure driven by FUD. FOMO, fear, and greed.
I have no sympathy for those left holding the scamcoin that is Fiat in a few years.
Crazy week in Crytocurrency.
$300m locked up due to a bug with parity wallet.
The Bitcoin fork was cancelled, with tons of money bet on the futures market of 2x - all now lost - Bitcoin surged then dropped in the space of an hour.
Nearly all ALT coins up 20% on the fork news.
Whole market...