How does that statement not make people who bought at or near the high furious? It’d be like a housing developer being caught on tape laughing at the buyers of their properties at their peak (say 2006-2007) on a hot mic in 2009-2010.

For the record, I still don’t have a good explanation for a persons willingness to pay currency for any crypto. The relationship to QE is thus impossible outside of general trends. Raising seas rise all boats stuff.