Maybe I'm wrong but I have the feeling that with Bitcoin price growth we have got a lot of new users who are not honesty and passionate interested in Bitcoin but only in fast, instant profit and if they don't get it they got disappointed and give up. Some of them don't even bother to get some basic knowledge about Bitcoin and cryptocurrencies in general. That is also the reason why we see so much panic selling when the price dumps. Is that only my feeling or do you think that also?
Couldn't concur with you more. Bitcoin holders in those days truly knew a considerable amount about bitcoins than a large portion of the general population today. Since a considerable measure are just into bitcoining in light of the benefit they hope to get. Amd basically on the grounds that, they simply need to be in the new pattern and not get left behind.
Knowing human instinct, this was at that point bound to happen from that point onward. Since individuals will dependably exploit all that they can for whatever length of time that it is beneficial for them. Some don't considerably try to quit exploiting except if things get revolting. That is exactly how things function in this world.