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> I'm sure the price will get more or less stable at some point in the future. I’m not. Most of the demand for crypto is only because it is going up. If it s
by mr_toad 4y ago
> I'm sure the price will get more or less stable at some point in the future.
I’m not. Most of the demand for crypto is only because it is going up. If it stops going up then speculators will look at alternatives, and it crash again.
Once it’s low enough that small gains represent a higher rate of return then investors will return and the cycle begins again.
This sawtooth pattern is probably inevitable, and will probably continue indefinitely.