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theCapsicum
1 year ago

In the short and even medium term, cryptocurrencies can participate in any movement. If enough criminal energy and interest of corresponding key players are involved, the course can multiply again and again for a long time.

In the long term, however, no cryptocurrency has created a productive surplus value, so only new money is redistributed to old owners. This can also go on quite a long time, especially when the single currency gets a lot of media attention and constantly attracts new buyers. Or even with freely thought-out securities such as Tether the price on the paper is deliberately pushed upwards. Bthe new money is no longer able to cover the wishes of the former owners and brutally strikes the reality and makes the alleged value collapse.

As long as the course movement remains possible in any direction and is impossible to anticipate.

SevenOfNein
1 year ago

No, if you believe in it, you have the firm opinion that price must rise to €1 million. If you don’t believe in it, you see the fair value at zero. These opinions and all in between determine the course.

TheOrangePill
1 year ago

No, you can’t. at least not in a short perspective.

in the long term it looks different.

Interesierter
1 year ago

This is difficult because a few people have large stocks and can therefore influence the courses.

What they’re gonna do, they only know them.

Othetaler
1 year ago

No. They’re a lucky game. To this end, morally reprehensible.

SirPeterGriffin
1 year ago

No. that’s impossible.

archibaldesel
1 year ago

Then everyone would be rich….

Rosswurscht
1 year ago

That would, of course, be great, but unfortunately not 😉