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Meh, NGU is a stress mechanism that will deflate when Blackrock and the like get the power to manipulate Bitcoin just like they do with the luxury home building market. I’m prepared to see more volatility and tomfoolery in the long scale because of this.

You think long-term volatility is going to increase?

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zoomed out, volatility generally goes down as the market cap increases so the natural tendency would be for the volatility to subside, but when you have a $3T organization able to shift $100B in and out of a system, they get to dictate when the volatility changes direction, so I expect the volatility to become more unnatural for a while--until the market cap becomes big enough that they don't have as big of a percentage influence. All I know is that the ones with the most money to play with get to decide what happens to price action--not worth playing that game, IMHO, since I'm not a massive fund. Stay humble and stack sats :)

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