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I recall attending Bay Area cryptocurrency meetups before the 2017 price surge. After mid 2017 the average IQ at the meetups was inversely proportional to the p
by throwaway803453 5y ago
I recall attending Bay Area cryptocurrency meetups before the 2017 price surge. After mid 2017 the average IQ at the meetups was inversely proportional to the price chart and it has been that way ever since.
I can't fault someone for making a profit by researching a technology, investing, holding for the long term, and selling. We want capital to flow to the best ideas. But this is more MLM-style dog-eat-dog money making. It's unclear how it could have been prevented.
Ultimately greed and excess ruins everything.