Not sure when exactly It will stop, but I have no doubt It will bounce back fast because It would otherwise be a huge arbitrage opportunity. You can't have 100 million euros of investment in projects coming out soon (sky..+Dubai's fund), which usually look for a 15-20X + current projects built on top + a huge mass adoption about to come etc.. and only a 1bn market cap. These low prices are unsustainable in the short to medium term. Fear can make crazy things im a week, but rationality will always put things back at place..
Not sure when exactly It will stop, but I have no doubt It will bounce back fast because It would otherwise be a huge arbitrage opportunity. You can't have 100 million euros of investment in projects coming out soon (sky..+Dubai's fund), which usually look for a 15-20X + current projects built on top + a huge mass adoption about to come etc.. and only a 1bn market cap. These low prices are unsustainable in the short to medium term. Fear can make crazy things im a week, but rationality will always put things back at place..