4 ms·
The solution is for the market to correct itself (if it is thus insane as claimed). If that happens it will be very very hard for the greedy to find buyers or s
by avaer 9y ago
The solution is for the market to correct itself (if it is thus insane as claimed). If that happens it will be very very hard for the greedy to find buyers or sympathy.
- doktrin 9y agoWhy would the market correct itself? What could possibly cause a crash, short of some kind of catastrophic security vulnerability being discovered, or hostile regulation in one of the core markets?
- mhb 9y agoBecause tulips?
- doktrin 9y agoFair. A liquidation race is certainly plausible.
- mrb 9y agoIt was funny to compare Bitcoin to tulips back in 2010. However the Bitcoin ecosystem has now sustained impressive growth—by all metrics—for 8 straight years... I think we are past the "it's tulips" stage.
- mhb 9y agoWhen someone asks Why would the market correct itself?, the comparison with tulips seems completely appropriate.