Reply to post: Re: Ponzi scheme?

China's blockchain boosters slam crypto as Ponzi scheme

Mike 137 Silver badge

Re: Ponzi scheme?

"The more people flock to it, the more value it gets, until there aren't any newcomers, some start selling short or somesuch, and the funny money crashes

Sounds a bit like any other volatile stock really. Very few don't behave like this to at least some extent.

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