tag:blogger.com,1999:blog-3758330678390419129.post4483561916055539512..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: BITCOIN: "Thank You, Mr. Jackpots!"Robert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3758330678390419129.post-16597763056168857462017-12-07T14:24:43.491-05:002017-12-07T14:24:43.491-05:00The gain only sustains as long as everyone holds a...The gain only sustains as long as everyone holds and doesn't wish to convert bitcoin to dollars or some other currency. This is the ultimate house of cards. Everyone has to keep unrealized gains. If anyone with substantial bitcoin holdings actually wants to convert into realized gains, the whole bottom comes out. This is one of the only currencies where spending it will actually break it.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-91430119144292676442017-12-07T11:21:17.842-05:002017-12-07T11:21:17.842-05:00I took a look at the sentiment held by Twitter use...I took a look at the sentiment held by Twitter users' on bitcoin (by doing a Twitter search on bitcoin). If exuberance is an emotion, and if over-exuberance increases activity in the emotive portions of the brain and dims the parts dealing with reason, then that might explain what I am seeing.<br /><br />There's a complete disdain for anyone who might suggest that bitcoin is not going to kindsirhttps://www.blogger.com/profile/07135384972874535293noreply@blogger.com