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Thanks, this is the healthy way of looking at it. My hunches are based on my underlying understanding of psychology and economics. > Consider what "there's st
by rblion 9y ago
Thanks, this is the healthy way of looking at it.
My hunches are based on my underlying understanding of psychology and economics.
> Consider what "there's still money to be made, I just have to sell off before the crash" looks like if lots of people believe it and act on it simultaneously.
A market correction event is inevitable since the amount of money going into it wouldn't be able to go into circulation as a viable currency for goods/services. I know some companies are starting to accept BTC as viable payment, they will remove that function in a heartbeat if something drastic ever happens to the market.