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Interesting economic theory… “What happened yesterday will happen tomorrow”… hang on, I have a lot of money to move around before markets open tomorrow!
by SV_BubbleTime 4y ago
Interesting economic theory… “What happened yesterday will happen tomorrow”… hang on, I have a lot of money to move around before markets open tomorrow!
- gfodor 4y agoThis is like the 5th or 6th cycle, at a certain point you realize high volatility is the nature of crypto, and it’s not crazy to presume there will continue to be cycles. The latest crash is overhyped anyway, BTC is 30k and BAYC NFTs still have a ~200k floor. This isn’t some kind of capitulation to a new fundamental thesis, at least not yet. It feels far less wintery than some prior crashes that felt like BTC or ETH was on death’s door.