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RE: Overvaluation and cryptocurrencies

in #ethereum8 years ago (edited)

Good post!
One thing that came to my mind is that most people investing in cryptocurrencies are tech-people like engineers and IT-people (like myself). People in that sector have had quite many good years and are pretty wealthy. If that changes, due to a financial crisis or something like that, and unemployment increases in that sector it may have a big impact on the entire crypto-currency economy. I mean they will stop investing and maybe also sell off to finance their living.
Any opinions on that?