A Ponzi scheme is just one pyramid, not a long line of pyramid's which for each pump and dump keeps getting bigger. This is the typical market pattern you'll see for any deflatory asset. Gold would look the same if people where buying real gold instead of those fake gold certificates pretending to be gold backed.
"crypto dip". Hah! I love it. I've been wondering what to call folks who've fallen for the Bitcoin Ponzi scheme and that fits perfectly.
A Ponzi scheme is just one pyramid, not a long line of pyramid's which for each pump and dump keeps getting bigger. This is the typical market pattern you'll see for any deflatory asset. Gold would look the same if people where buying real gold instead of those fake gold certificates pretending to be gold backed.