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According to Bloomberg and Goldman Sachs Group Inc.’s global head of investment research, the tumble in cryptocurrencies that erased nearly $500 billion of market value over the past month could get a lot worse.

Questions:
1. What are some of the signs that Steve Strongin notes about cryptocurrencies that worry him?
2. What was Strongin more upbeat about?
3. What does Strongin compare crytocurrencies to?

Source:
Nishizawa, K. (2018) Get Ready for Most Cryptocurrencies to Hit Zero, Goldman Says. Bloomberg, Feb. 6 (Retrievable online at https://www.bloomberg.com/news/articles/2018-02-07/get-ready-for-most-cryptocurrencies-to-hit-zero-goldman-says)

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