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Patyq

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    Wielka Brytania

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  1. Btw "Extraordinary Popular Delusions and the Madness of Crowds" by Charles MacKay. Must read. The book is 200yrs old, but shows that nothing changed in human nature for 200yrs. Greed blinds people.
  2. Im thinking the same. After seing bitcoin mania, nothing will surprise me. When people loose their mind, fixed on getting rich, getting blinded by vision of massive gains... Its impossible to predict when it stops. Bitcoin doesnt even exist. Bits of data somewhere, and yet people are paying $40k for it. Someome calculated that bitcoin mania dwarfed tulip mania from 300yrs ago - regarded as biggest speculative mania in our history. Soo.. Im just grabbing popcorn and wait.
  3. There were people paying $19k for bitcoin 2 yrs ago, there are people paying $35k for bitcoin now. There were people giving up kingdoms for tulips There were dozens of speculative bubles in history and scheme is always the same. Greed blinds people. When frenzy starts nothing can stop them, they wont lesson. So... Yes, you will sell it for £50. I would say the more it will cost, the easier you will sell it. Once inflow of speculators start. Scheme is always the same "I must buy now, because tomorrow it will cost twice that"
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