If you can double your money every 6 months, and the music was playing for the past 3 years, you'd have been a fool not to play.
It's why bubbles grow. The optimal move for anyone but a precog is to keep playing, right up until the end.
Very few people in this case actually mint and sell tickets, most of them are hangers-on who are either hoping to dump to a bigger fool, or are also selling tickets (but are also utterly dependent on the music to keep playing.)
It's why bubbles grow. The optimal move for anyone but a precog is to keep playing, right up until the end.
Very few people in this case actually mint and sell tickets, most of them are hangers-on who are either hoping to dump to a bigger fool, or are also selling tickets (but are also utterly dependent on the music to keep playing.)