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"The market can stay irrational far longer than you can stay solvent"
by fgonzag 9y ago
"The market can stay irrational far longer than you can stay solvent"
- dpandya 9y agoThis comment doesn't really apply here, because the post above suggests explicitly that the true value of Bitcoin is far lower than it is now and the market will realize this in the near-term (i.e. "the market will crash"). If the comment only suggested that the true value of Bitcoin is lower than the currently traded rate (and made no mention of what the market value would do), this particular observation would be relevant.