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by fgonzag 3085 days ago
The liquidity is increasing because of the current gold rush. People who have no business getting into this kind of investment are buying in, thus increasing liquidity. I can no longer count the amount of acquintances who have bought 5-10K USD worth of BTC or Litecoin or Ripple or whatever, without having even a cursory understanding of the mechanics behind it.

These types of investors also panic easily, once the bank run starts, nobody will be buying. In fact, I bet most exchanges will simply close up shop.