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They're literally saying that because bitcoin had a bubble and "outperformed", any of the new younger cryptocurrencies "are onto something" and could go big at
by bduerst 10y ago
They're literally saying that because bitcoin had a bubble and "outperformed", any of the new younger cryptocurrencies "are onto something" and could go big at any moment.
It's a system of independent probabilities, hence gambler's fallacy.