Agreed. I think it is a false comparison. Bitcoin is more like a commodity much like gold. It will always be around and I think it's primary purpose will be as a store of value due to it's scarcity and the increasing difficulty of mining it. I suspect it could even eventually (far future) end up as a replacement for reserve currencies like the USD as it would actually be a fairer system.
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If that happened people would kick themselves for selling on a price drop of 10%. Once sold, psychologically, it's hard to buy back in at higher prices.
Yes that's true.