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dublinben · 2499 days ago · link · · parent · post: Move Over, Bitcoin. Ether Is the Digital Currency of the Moment.
If there's one thing I value in my speculative investments currencies, it's rapid price swings and hype.
I think most people holding cryptocurrencies are holding them the same way they hold stocks, where rapid price swings and hype are pretty much the whole function of the modern investment, sad to say. It's gonna be curious what happens when everyone holding SPY or any FAANG watch that fucker plummet one fine day. Do they tuck it under their mattress? Or do they try and grab gold? Or nerd gold?