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What you're saying is that the claim "it's a bubble" is not falsifiable (people move price and time targets) and therefore a belief and not scientifically groun
by dmichulke 1y ago
What you're saying is that the claim "it's a bubble" is not falsifiable (people move price and time targets) and therefore a belief and not scientifically grounded, just like a religion.
So any discussion with BTC bubble people is futile unless they are willing to put their money where their mouth is.
- diggan 1y ago> What you're saying is that the claim "it's a bubble" is not falsifiable (people move price and time targets) and therefore a belief and not scientifically grounded, just like a religion. No, I'm merely trying to understand what people's understanding of a "bubble" is. I couldn't care less if others consider Bitcoin a bubble or not, but after hearing "Bitcoin is a bubble" since ~2015 sometime, I feel like I misunderstand what a "bubble" is. The "tulip mania" seems to have been around 2-3 years long, the dotcom bubble around 10 years, so I guess it isn't impossible for a bubble to last 20 or even 30 years.