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Honestly I think stories going with this angle are trying to rationalize the price tumble in some way which makes it less scary than the reality which is crypto
by ebbv 9y ago
Honestly I think stories going with this angle are trying to rationalize the price tumble in some way which makes it less scary than the reality which is crypto valuations aren't tied to anything rational.
- vasilipupkin 9y agoI agree regarding bitcoin but I disagree regarding Ethereum. Proof of stake, if it happens, will tie the value of the coin to fees earned by the network.