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by rsynnott 2917 days ago
> but I believe that what we're seeing here is the biggest game of musical chairs, ever.

Nothing like it; the amount of money invested isn't huge. It's nowhere near as scary as the various national mortgage bubbles in the noughties. When it collapses, damage will be limited.
1 comments
CaptainZapp 2917 days ago
On reconsideration you definitely have a point here.

I still believe there will be a lot of hurt for a lot of people. As I saud I may be wrong and virtually slap myself for not having jumped into the fray, when it was "only" 6000$.

(small edit: Typos [damn mobile screens])

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rsynnott 2916 days ago
Oh, sure, it’ll hurt a lot of people who gambled on it. It already has. But it’s not a systemic risk.
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