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They have a Coinbase account and they hold $500 worth of Bitcoin through a centralized custodian. They don't know shit and that doesn't count.— shout out to them degens , Lol . As regards scarcity=volatility does lack of supply really create volatility by itself? Or is the combination of supply inflexibility, mixed with extreme fluctuations in investor demand, that gives rise to market swings?!
RE: Cryptocurrency: Understanding The Hype Cycle