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About that, and I stand by it. Of course if I were some kind of psychic and could precisely predict the burst I’d be fuck-you rich. Seeing that I can’t, I’m not going to risk it all on tulips.

Especially tulips that burn through soooo much electricity.

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So when you say that the bubbles skin is already taut, how many more times can the price double before you concede that perhaps it wasn’t so taut after all?

If it doubles again I’d be shocked at least, and certainly admit that I was laughably off about timing. That is possible, and betting against human stupidity/cupidity does have risks.

All those lost profits are the price of hubris my friend. I was wary of Bitcoin until it hit $4k, when I put aside my ego and reassessed its value, realized I was wrong and bought in.

The longer you go on trying to call peaks and slandering crypto as "human stupidity", the more cognitive dissonance will form, followed quickly by the rationalizations needed to dispel it.

This bubble has to bust. One bad news and everyone is going to rush to sell.

Perhaps it is equity based money rather than debt based money and it would be wise to have a non-zero multiplier.

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