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The “greater fool” effect — most of them think the price will continue to rise so they’ll be able to sell it later and make even more money. It has little to do
by californical 5y ago
The “greater fool” effect — most of them think the price will continue to rise so they’ll be able to sell it later and make even more money. It has little to do with a bunch of people suddenly believing that Bitcoin has intrinsic value
- throwaway248329 5y agoSo, like gold or any other speculative investment?