Quote:
Originally Posted by Fastskiguy
BTC is sub $17K right now, it's tough being a bull at this point in history!
Joe
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If you look at many, many new product companies, there is a very fast growth, and then slowly, other products are produced to compete, and with more supply and competition, the price drops and eventually these new product companies go to commodity status. . . meaning that the expected growth is the same as the economy, unless the company internally mismanages the cash and the company goes bankrupt. . such as carvana,
perfect chart of hot company and then mismanages cash flow through greed and other insider enrichment schemes, and now they are near zero and will be bankrupt within a year
nothing new with crypto currency, other than its a thieve's currency