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These crypto hoarders and traders are also the people keeping crypto from being used as a currency. You can't buy/sell things in a currency that fluctuates seve
by puranjay 7y ago
These crypto hoarders and traders are also the people keeping crypto from being used as a currency. You can't buy/sell things in a currency that fluctuates several percentage points in a week.
- maxxxxx 7y agoThey are also the people that keep crypto going. Without the promise if getting rich Bitcoin would have been a little curiosity and not more.
- woah 7y agoThis is simply the consequence of a thinly traded asset whose value does not have any real world dividends to anchor it. If the hoarders and traders disappeared, the volatility would be due to other more inexplicable market mechanics.