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> Crashes come when there was no real business value. You fall into all or nothing logic. That's thinking failure. If real business value is 10% of the price,
by nabla9 1y ago
> Crashes come when there was no real business value.
You fall into all or nothing logic. That's thinking failure.
If real business value is 10% of the price, there will be massive crash and years of slow advance.
Dot-com bust was like that. Internet clearly had value, but not as much and not as quickly as people thought.