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<p>[QUOTE=&quot;physics-fan3.14, post: 3298256, member: 19165&quot;]Speculation is an oft-maligned, but integral part of the economic cycle. </p><p><br /></p><p>Speculation cannot continue unchecked, however. The idea is, I buy a coin, flip it to someone else (who, in your scenario, is then going to flip to someone else). The problem is, there are only so many people to flip to - there is a maximum price they&#039;ll pay. &quot;Values&quot; appear to be going up as long as there&#039;s someone else to pay the higher price - but then there has to be a correction. </p><p><br /></p><p>As hobbyists, we can observe these market trends. I buy less when its booming, I buy more when its declining.[/QUOTE]</p><p><br /></p>

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