Can hype sustain a coin forever? Even if the coin doesn't

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Anonymous
2017-06-07 02:55:01 Post No. 2320222
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Anonymous 2017-06-07 02:55:01 Post No. 2320222 [Report]

Can hype sustain a coin forever? Even if the coin doesn't do anything meaningful, if there is enough hype, can the hype alone drive the price higher, generating more hype which makes the price higher, leading to some kind of self fulfilling perpetual hype machine?
When does it all die off? What's stopping this from happening?

Anonymous 2017-06-07 02:58:58 Post No.2320266
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Anonymous 2017-06-07 02:58:58 Post No.2320266 [Report]

>>2320222
>Hype builds
>People keep buying in
>Price rises exponentially
>Some people think to cash out
>Price dips
>Other people freak out, hype dies
>More people sell
>Price crashes

This happens with bitcoin every now and then, we're getting close to a crash.

Anonymous 2017-06-07 03:23:32 Post No.2320486
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Anonymous 2017-06-07 03:23:32 Post No.2320486 [Report]

>>2320266
If we're getting close to a crash, what can I do to prepare?
>inb4 buy lube for imminent assrape

Can hype sustain a coin forever? Even if the coin doesn't

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I'm aware that Imgur.com will stop allowing adult images since 15th of May. I'm taking actions to backup as much data as possible.
Read more on this topic here - https://archived.moe/talk/thread/1694/