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Topic	oh no bitcoin bubble is bursting!!!!
Coffeebeanz 11/29/17 3:15:30 PM #2:	The problem with this thinking is that it's correct 99.5% of the time, but that 0.5% is such a total financial clusterfuck that it would be irreversible. This is why stable companies can go bankrupt overnight. Mass sell offs or "rushing the bank" often never recover. Trading volatility is a good indicator of if a sell off could happen, and bitcoin's volatility is off the charts today. --- Physician [Internal Medicine] <cite>Coffeebeanz posted [p:891280648] in oh no bitc... [t:76043983]...</cite> <quote>The problem with this thinking is that it's correct 99.5% of the time, but that 0.5% is such a total financial clusterfuck that it would be irreversible. This is why stable companies can go bankrupt overnight. Mass sell offs or "rushing the bank" often never recover. Trading volatility is a good indicator of if a sell off could happen, and bitcoin's volatility is off the charts today. --- Physician [Internal Medicine]</quote> ... Copied to Clipboard!
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