Bets on if this is really the start of the bubble pop vs just a hiccup? I’m not gonna pretend to have anything other than vibes backing my bet and my bet is explosion

  • Damarcusart [he/him, comrade/them]@hexbear.net
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    19 days ago

    A pyramid scheme market like this is going to fluctuate wildly up and down, more and more as it goes on, when they have no actual value to give to people, the values are all 100% made up and are purely vibe based. The crash might not even have the line go down, it might just stabilise and not increase anymore, which is much worse for investing than yoyo-ing. People will want to invest low and sell high, they never want to invest mid and sell mid.

    • juniper [none/use name]@hexbear.net
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      19 days ago

      The crash might not even have the line go down, it much just stabilise and not increase anymore

      That is basically what I’m expecting, maybe the line goes up slowly at best. The US markets have had “lost decades” before where equities saw no price appreciation. I suspect that will be the case, at least with much of the tech sector, as markets digest the larger discussion around credit risk