It’s safe to say that for as long as there are people who are willing to do anything to get rich fast, it’s not a question of “what type of industry crisis will happen next?” but… “when?”.
The reason is simple, “greed”.
“Yet a key reason the price of bitcoin keeps going up is, well, because it keeps going up. Small investors like yours truly have a fear of missing out on a chance to get rich quick. And when the value of your bitcoin doubles in a week, as it did for me, it’s easy to think you’re a genius. But you can get burned assuming it will keep skyrocketing.”—Seth Fiegerman/CNN Money