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Obviously I'm not by your own admission. The problem with bubbles is that it's human nature to believe that you have an edge over others on the timing of event
by dforrestwilson 9y ago
Obviously I'm not by your own admission.
The problem with bubbles is that it's human nature to believe that you have an edge over others on the timing of events. So yes, for most people speculating on Bitcoin this way is objectively destructive.
If someone has an edge (superior technical knowledge, information on applications nobody has considered, or a time machine) I say go for it.
But it's very hard for people like the writer to acknowledge that they are no better advantaged/informed than 6 billion others.