3 ms·

It still is quite high value (btc/eth) though despite all negativity. That is what I don’t really get.

• gxt 4y ago
  It's a cycle of the price rising, and rising until it's above the threshold for many of "this is so much money I can't sit on it". At which point many sell, and everybody remaining wait for the next cycle to start, which is huge swaths of people purchasing a now smaller part of the pie, but that can still double in value in a single cycle. Also anybody can wait a few cycles to sell, which is why I think the price will not collapse from market forces.
• quantified 4y ago
  It's worth something to the few that value it. True believers will truly believe. Surveys consistently find that 3-4% of respondents believe in the subterranean lizard people waiting to take over the world, too.