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Right. The real measure is not % of loss from top-value, rather it should be # of people that both don't understand the technology & have lost money speculating
by gota 4y ago
Right. The real measure is not % of loss from top-value, rather it should be # of people that both don't understand the technology & have lost money speculating on it (i.e. how many people bought into hype and got burned)
There's a finite amount of people to buy-in next cycle
- beernet 4y agoIs this 2018? The comments are the same. Not a crypto head but nay sayers will be nay sayers. Kinda disappointing
- JumpCrisscross 4y ago> Is this 2018? Nope [1]. [1] https://fred.stlouisfed.org/series/FEDFUNDS https://fred.stlouisfed.org/series/FEDFUNDS
- SkyMarshal 4y agoYeah this is the first time cryptocurrency is being tested in an inflationary and potentially very high interest rate environment. It’s clear that it’s all just another risk asset, whose price goes up when credit/money is cheap and plentiful, and down when it’s not. A big question is, can Bitcoin miners (and validators on other blockchains) survive? Going to get some useful empirical evidence on that question over the next few years.