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faragon

TL;DR: Bitcoin is popping, and Ethereum is going to be the new bubble.

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Ethereum already went bubble and popped. Maybe it'll go again though.

I personally got out @2600 and am probably done with cryptos for a while. Was a good 3 year hold and appreciate though.

You mean you didn't hold for 1 million a coin. :)

Ethereum is up 17x in 4 months. So uh... popped aint the right word

Fair, but it's also down >2x in 1 month so...

Its starting to rise again now, I really would not be surprised if it peaks $500 over the next two weeks.

Not really. It's explaining the dynamics around the possible hard. Who wants what & why they want it. It's the most concise overview I've seen.

Sure, it is not a bubble, but a new paradigm... Oh, wait.

Personally, I wouldn't call it a new paradigm. It's quite similar to what already exists. With one improvement (which comes with trade-offs).

It was irony: "new paradigm" is a well known euphemism for "bubble".

Really? Your comment seemed so sincere!

I'd say the use of 'paradigm' is more taken as overused bullshit in general. Frist used by business-types as a buzz word (or at least gaining popularity within that population).

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