> Oddly enough (as someone who feels lukewarm about crypto) isn’t this a really strong case for it sticking around long-term?
No.
Fear and greed have motivated human investors since the dawn of investing, but saying that because this motivation is and likely ever will be omnipresent means that every individual thing this fear and greed have acted on will also be omnipresent is, off (Can I interest you in some Dutch Tunips, only 10k each?)