Re:After the Bitcoin Boom: Hard Lessons for Cryptocurrency I...
by tim333 on Tuesday August 21, 2018 @04:06PM
(#17813240)
I know people who still think there is value there and it will go back up.
Re:After the Bitcoin Boom: Hard Lessons for Cryptocurrency I...
by berberous on Tuesday August 21, 2018 @05:23PM
(#17813970)
Yes, I am one of them. This is what, the fourth Bitcoin bubble that has burst? The December bubble bursting is no surprise for most level-headed folks that have been following this for a while -- just for the newbies making extremely risk bets at the top of the latest bubble.
Also, most of us are not deluded enough to think it going up to $100k+/BTC is a certainty; there are a number of reasons the larger BTC experiment/bubble could deflate for good one day. But there's also rational arguments for betting otherwise.
Of course it was nonsense, as anyone who'd read about previous bubbles could tell you. But it was a mad time last December.