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Why would the market correct itself? What could possibly cause a crash, short of some kind of catastrophic security vulnerability being discovered, or hostile r
by doktrin 9y ago
Why 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.