This game of musical chairs can continue for a while, but the music will stop.
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Forgive me for harping on this topic so frequently but I see the dotcom bubble without pet food delivery and the mortgage bubble w/o houses.
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Not that you need more arrows in your Etherium hunting quiver, but there's also an argument against it from a lang perspective:
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http://www.stephendiehl.com/posts/smart_contracts.html …: "Solidity [...] is dangerously under-contained and very difficult to analyze statically."
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Bubble
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no no I'm sure this can go on FOREVER
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I think it's most easily understood as a unregulated securities exchange. That's the majority of activity.
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Value is only perceived and demand based, in the same way that stock certificates are only worth what you can sell them for.
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shows what you know. It's Bitcoin->Ethererum->Steemit
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