Do you think the hoards of greedy idiots are all going to patiently sit and wait holding coins forever ?
Prices keep going up because prices keep going up.
More people need to keep coming and buying the next highest coin price for the price to keep going up.
Or pumps / manipulation etc.
Problem is the crowd flowing in will dry up gradually and the HODL'ers will get antsy
..and they will dump.
It is IMPOSSIBLE for prices to keep going up.
Two reasons.
There is not an infinite amount of people who are willing to buy scammy ICO coins for profit.
Second the people who ARE doing it are impatient greedy idiots.
They are not long term supporters.
They are short term grab as much FIAT as you can while the going is good types.
They are brat morons with ADD and an itchy dump finger.
Anyone who truly thinks prices will keep rising is a fucking moron.
It's simply impossible.
There is no up.. with out down.
Prices keep going up because prices keep going up.
More people need to keep coming and buying the next highest coin price for the price to keep going up.
Or pumps / manipulation etc.
Problem is the crowd flowing in will dry up gradually and the HODL'ers will get antsy
..and they will dump.
It is IMPOSSIBLE for prices to keep going up.
Two reasons.
There is not an infinite amount of people who are willing to buy scammy ICO coins for profit.
Second the people who ARE doing it are impatient greedy idiots.
They are not long term supporters.
They are short term grab as much FIAT as you can while the going is good types.
They are brat morons with ADD and an itchy dump finger.
Anyone who truly thinks prices will keep rising is a fucking moron.
It's simply impossible.
There is no up.. with out down.
Cryptocurrency has only just surpassed the market cap of Apple, there is certainly plenty more room for growth.
Let's not forget cryptocurrency and blockchain technology is a huge revolution to standard FIAT, every year Billions of dollars of funds are hacked from banks, users and governments and Bitcoin initiated a new system which decentralizes everything and creates an unbreakable chain.
If this were a startup's idea, no doubt the company would be worth Billions instantly. Yes there is a lot of shit out there, but there is in my opinion Trillions of dollars of potential too, from fog computing to artificial intelligence, much of it is still very undervalued.
Noob STFU.. you know fuck all.
