Topic: 1.7 Trillion USD - and a question for bitcoin investors (Read 857 times)
Is this a smart thought? A portion of the CME's individuals don't think so. This week Interactive Brokers, a critical clearing firm in the trade, made the remarkable stride of utilizing a daily paper ad to request more administrative oversight. It fears that bitcoin is possibly so unstable that these prospects will make immense misfortunes for merchants, which may then undermine the strength of the CME and hurt different representatives, given its part-mutualised structure. The CME — obviously — rejects this as bull: it contends that any dangers will be contained by decides that enable brokers to charge all the more in order to produce fat edges (of around 30 for every penny) and along these lines assimilate misfortunes, and by circuit breakers that would stop an exchange the occasion of wild value swings.
Bitcoin is not a bubble, those centralized banker's have been saying this to avoid people to put their money in Bitcoins, if you're not aware it's crossed the value gold, Nike, it's searched more than how to buy gold. If you're already not in, you should get in now and make sure you benefit before the rally starts again, don't believe for other's see for yourself, get in now.
Wow - you are literally showing exactly why it is a bubble being fueled by extremely naive people
So, what is the point of this thread/your agenda?
Very simple - if you truly value your hard-earned money (and hence savings) get the hell out while you still can. The only thing driving the price is this religious frenzy that Bitcoin can only go up, and that party will eventually come to an end
Annnnd, in what would you suggest people invest?
You should not invest in anything in the world of crypto currencies or ICOs.
Like Bitcoin Ruthenium?
Certainly not that one - and neither any other one. That is another indication that many so-called investors on this forum are desperate ignorants. Many are simply incapable of seeing even obvious spoofs such as Ruthenium and are for sure being ripped off by criminals out there. Most people in this forum would do themselves a great favor by getting out before they lose their shirts.
Then why did you make your topic about it?
To see how gullible people in here are. The answer was as I expected. Very.
Doesn't seem to me that many people responded. I'll admit I haven't checked the thread in awhile.
Bitcoin is not a bubble, those centralized banker's have been saying this to avoid people to put their money in Bitcoins, if you're not aware it's crossed the value gold, Nike, it's searched more than how to buy gold. If you're already not in, you should get in now and make sure you benefit before the rally starts again, don't believe for other's see for yourself, get in now.
Wow - you are literally showing exactly why it is a bubble being fueled by extremely naive people
So, what is the point of this thread/your agenda?
Very simple - if you truly value your hard-earned money (and hence savings) get the hell out while you still can. The only thing driving the price is this religious frenzy that Bitcoin can only go up, and that party will eventually come to an end
Annnnd, in what would you suggest people invest?
You should not invest in anything in the world of crypto currencies or ICOs.
Like Bitcoin Ruthenium?
Certainly not that one - and neither any other one. That is another indication that many so-called investors on this forum are desperate ignorants. Many are simply incapable of seeing even obvious spoofs such as Ruthenium and are for sure being ripped off by criminals out there. Most people in this forum would do themselves a great favor by getting out before they lose their shirts.
Then why did you make your topic about it?
To see how gullible people in here are. The answer was as I expected. Very.
We already had a similar crash. In 2016, the exchange rate of BTC went down to almost $200 per coin. It represents a dip of more than 85% from the peak valuation of $1,230 per coin in 2013. Now we are in a recovery phase, as the exchange rates have increased from $200 per coin to almost $7,800 per coin.
In the span of just a few months in 2000 the internet bubble burst and 280 companies lost 1.7 trillion USD in value. That is 13 times more than the entire market cap of Bitcoin (!). 13 times all of bitcoin in the world lost for comparison.
Almost a third of them lost more than 90% of their valuation. That means Bitcoin can easily go from 7700 USD now to 770 USD very quickly.
It is only now in 2017 - 17 years later - that the NASDAQ has regained what was lost in year 2000.
For all you bitcoin investors - would you be happy with seeing 90% of your value lost now, and then have to wait 17 years just to get back to where you are now?
Or is it time to cash in before it is too late?
http://money.cnn.com/2000/11/09/technology/overview/
Almost a third of them lost more than 90% of their valuation. That means Bitcoin can easily go from 7700 USD now to 770 USD very quickly.
It is only now in 2017 - 17 years later - that the NASDAQ has regained what was lost in year 2000.
For all you bitcoin investors - would you be happy with seeing 90% of your value lost now, and then have to wait 17 years just to get back to where you are now?
Or is it time to cash in before it is too late?
http://money.cnn.com/2000/11/09/technology/overview/
17 years ago bitcoin continue in progress until now 2017 bitcoin boom into the market today have a huge price value but not to late invest because i believe you can get great profits, start now to invest in bitcoin surely bitcoin continue to become indemand in the market, don't look back to the previous just concentrate today.
Bitcoin is not a bubble, those centralized banker's have been saying this to avoid people to put their money in Bitcoins, if you're not aware it's crossed the value gold, Nike, it's searched more than how to buy gold. If you're already not in, you should get in now and make sure you benefit before the rally starts again, don't believe for other's see for yourself, get in now.
Wow - you are literally showing exactly why it is a bubble being fueled by extremely naive people
So, what is the point of this thread/your agenda?
Very simple - if you truly value your hard-earned money (and hence savings) get the hell out while you still can. The only thing driving the price is this religious frenzy that Bitcoin can only go up, and that party will eventually come to an end
Annnnd, in what would you suggest people invest?
You should not invest in anything in the world of crypto currencies or ICOs.
Like Bitcoin Ruthenium?
Certainly not that one - and neither any other one. That is another indication that many so-called investors on this forum are desperate ignorants. Many are simply incapable of seeing even obvious spoofs such as Ruthenium and are for sure being ripped off by criminals out there. Most people in this forum would do themselves a great favor by getting out before they lose their shirts.
Then why did you make your topic about it?
Bitcoin is not a bubble, those centralized banker's have been saying this to avoid people to put their money in Bitcoins, if you're not aware it's crossed the value gold, Nike, it's searched more than how to buy gold. If you're already not in, you should get in now and make sure you benefit before the rally starts again, don't believe for other's see for yourself, get in now.
Wow - you are literally showing exactly why it is a bubble being fueled by extremely naive people
So, what is the point of this thread/your agenda?
Very simple - if you truly value your hard-earned money (and hence savings) get the hell out while you still can. The only thing driving the price is this religious frenzy that Bitcoin can only go up, and that party will eventually come to an end
Annnnd, in what would you suggest people invest?
You should not invest in anything in the world of crypto currencies or ICOs.
Like Bitcoin Ruthenium?
Certainly not that one - and neither any other one. That is another indication that many so-called investors on this forum are desperate ignorants. Many are simply incapable of seeing even obvious spoofs such as Ruthenium and are for sure being ripped off by criminals out there. Most people in this forum would do themselves a great favor by getting out before they lose their shirts.
Bitcoin is not a bubble, those centralized banker's have been saying this to avoid people to put their money in Bitcoins, if you're not aware it's crossed the value gold, Nike, it's searched more than how to buy gold. If you're already not in, you should get in now and make sure you benefit before the rally starts again, don't believe for other's see for yourself, get in now.
Wow - you are literally showing exactly why it is a bubble being fueled by extremely naive people
So, what is the point of this thread/your agenda?
Very simple - if you truly value your hard-earned money (and hence savings) get the hell out while you still can. The only thing driving the price is this religious frenzy that Bitcoin can only go up, and that party will eventually come to an end
Annnnd, in what would you suggest people invest?
You should not invest in anything in the world of crypto currencies or ICOs.
Like Bitcoin Ruthenium?
I don't think complete parallels should be drawn between the dot com bubble with the rise of Bitcoin. They do have their similarities, but are not completely the same. Far too much money was put into dot-com companies within a really short period. For comparison using your figures, 13x the amount of money was invested in just half the entire period Bitcoin has existed, and that is without adjusting for inflation. As meteoric Bitcoin's rise had been so far, I find the two barely comparable.
In the end, it really just boils down to belief. I don't believe Bitcoin to be a bubble, but I still acknowledge that there is a risk. I believe in the technology and in the vision, and I want to see where it goes.
In the end, it really just boils down to belief. I don't believe Bitcoin to be a bubble, but I still acknowledge that there is a risk. I believe in the technology and in the vision, and I want to see where it goes.
Bitcoin is not a bubble, those centralized banker's have been saying this to avoid people to put their money in Bitcoins, if you're not aware it's crossed the value gold, Nike, it's searched more than how to buy gold. If you're already not in, you should get in now and make sure you benefit before the rally starts again, don't believe for other's see for yourself, get in now.
Wow - you are literally showing exactly why it is a bubble being fueled by extremely naive people
So, what is the point of this thread/your agenda?
Very simple - if you truly value your hard-earned money (and hence savings) get the hell out while you still can. The only thing driving the price is this religious frenzy that Bitcoin can only go up, and that party will eventually come to an end
Annnnd, in what would you suggest people invest?
You should not invest in anything in the world of crypto currencies or ICOs.
Bitcoin is not a bubble, those centralized banker's have been saying this to avoid people to put their money in Bitcoins, if you're not aware it's crossed the value gold, Nike, it's searched more than how to buy gold. If you're already not in, you should get in now and make sure you benefit before the rally starts again, don't believe for other's see for yourself, get in now.
Wow - you are literally showing exactly why it is a bubble being fueled by extremely naive people
So, what is the point of this thread/your agenda?
Very simple - if you truly value your hard-earned money (and hence savings) get the hell out while you still can. The only thing driving the price is this religious frenzy that Bitcoin can only go up, and that party will eventually come to an end
Annnnd, in what would you suggest people invest?
Bitcoin is not a bubble, those centralized banker's have been saying this to avoid people to put their money in Bitcoins, if you're not aware it's crossed the value gold, Nike, it's searched more than how to buy gold. If you're already not in, you should get in now and make sure you benefit before the rally starts again, don't believe for other's see for yourself, get in now.
Wow - you are literally showing exactly why it is a bubble being fueled by extremely naive people
So, what is the point of this thread/your agenda?
Very simple - if you truly value your hard-earned money (and hence savings) get the hell out while you still can. The only thing driving the price is this religious frenzy that Bitcoin can only go up, and that party will eventually come to an end
Bitcoin is not a bubble, those centralized banker's have been saying this to avoid people to put their money in Bitcoins, if you're not aware it's crossed the value gold, Nike, it's searched more than how to buy gold. If you're already not in, you should get in now and make sure you benefit before the rally starts again, don't believe for other's see for yourself, get in now.
Wow - you are literally showing exactly why it is a bubble being fueled by extremely naive people
So, what is the point of this thread/your agenda?
Bitcoin is not a bubble, those centralized banker's have been saying this to avoid people to put their money in Bitcoins, if you're not aware it's crossed the value gold, Nike, it's searched more than how to buy gold. If you're already not in, you should get in now and make sure you benefit before the rally starts again, don't believe for other's see for yourself, get in now.
Wow - you are literally showing exactly why it is a bubble being fueled by extremely naive people
In the span of just a few months in 2000 the internet bubble burst and 280 companies lost 1.7 trillion USD in value. That is 13 times more than the entire market cap of Bitcoin (!). 13 times all of bitcoin in the world lost for comparison.
Almost a third of them lost more than 90% of their valuation. That means Bitcoin can easily go from 7700 USD now to 770 USD very quickly.
It is only now in 2017 - 17 years later - that the NASDAQ has regained what was lost in year 2000.
For all you bitcoin investors - would you be happy with seeing 90% of your value lost now, and then have to wait 17 years just to get back to where you are now?
Or is it time to cash in before it is too late?
http://money.cnn.com/2000/11/09/technology/overview/
Almost a third of them lost more than 90% of their valuation. That means Bitcoin can easily go from 7700 USD now to 770 USD very quickly.
It is only now in 2017 - 17 years later - that the NASDAQ has regained what was lost in year 2000.
For all you bitcoin investors - would you be happy with seeing 90% of your value lost now, and then have to wait 17 years just to get back to where you are now?
Or is it time to cash in before it is too late?
http://money.cnn.com/2000/11/09/technology/overview/
Bitcoin is not a bubble, those centralized banker's have been saying this to avoid people to put their money in Bitcoins, if you're not aware it's crossed the value gold, Nike, it's searched more than how to buy gold. If you're already not in, you should get in now and make sure you benefit before the rally starts again, don't believe for other's see for yourself, get in now.
Of course we can compare any cases with current situation at criprocurrency market. However, it seems to me that BTC cap will be increased in several times at least and considering mining costs for 1 BTC (more than 1k $) the BTC price can not be less than 1-1.5 k $
This is precisely where you are wrong. When the price of BTC falls below the cost to mine, miners will simply stop their operations. This means that anyone having Bitcoin will not be able to sell them or do anything with them. This in reality will mean their value becomes zero when you are not able to sell or buy at all.
In the span of just a few months in 2000 the internet bubble burst and 280 companies lost 1.7 trillion USD in value. That is 13 times more than the entire market cap of Bitcoin (!). 13 times all of bitcoin in the world lost for comparison.
Almost a third of them lost more than 90% of their valuation. That means Bitcoin can easily go from 7700 USD now to 770 USD very quickly.
It is only now in 2017 - 17 years later - that the NASDAQ has regained what was lost in year 2000.
For all you bitcoin investors - would you be happy with seeing 90% of your value lost now, and then have to wait 17 years just to get back to where you are now?
Or is it time to cash in before it is too late?
http://money.cnn.com/2000/11/09/technology/overview/
Almost a third of them lost more than 90% of their valuation. That means Bitcoin can easily go from 7700 USD now to 770 USD very quickly.
It is only now in 2017 - 17 years later - that the NASDAQ has regained what was lost in year 2000.
For all you bitcoin investors - would you be happy with seeing 90% of your value lost now, and then have to wait 17 years just to get back to where you are now?
Or is it time to cash in before it is too late?
http://money.cnn.com/2000/11/09/technology/overview/
You have a point there though but for me it is only just a comparison to what happen to other thing way back in 2000 and it is pure speculation that it may happen to Bitcoin even it is a whole different kind of thing, Bitcoin is a digital currency while Internet is not but maybe it may happen and maybe not.
One aspect that I believe with Bitcoin is it got a limited supply of coins compare to that Internet bubble that everyone can duplicate someone else's website and ideas for their advertisement that resulted to a massive usage and adaptation that later collapsed and with that it is most likely happening to Bitcoin right now because of the Hard Fork that produces Fork coins but the good thing is it has a value that people can see which is the true and false choice.
How do you look at the current scenario? Does it look like the Bitcoin Saga is about to fall? Well, it might be the situation from your vantage point. But as for me, and perhaps to the big community of Bitcoin supporters, it is not yet going to happen. There might come a time when what you are saying is going to happen. But not too soon. Actually, Bitcoin has gone through it and right now it is still very healthy from an investor's point of view.
In the span of just a few months in 2000 the internet bubble burst and 280 companies lost 1.7 trillion USD in value. That is 13 times more than the entire market cap of Bitcoin (!). 13 times all of bitcoin in the world lost for comparison.
Almost a third of them lost more than 90% of their valuation. That means Bitcoin can easily go from 7700 USD now to 770 USD very quickly.
Almost a third of them lost more than 90% of their valuation. That means Bitcoin can easily go from 7700 USD now to 770 USD very quickly.
The dot com bubble burst due to growth in that sector not keeping pace with the monetary investment being poured into it.
AFAIK bitcoin is growing at a steady pace with its user base doubling every 12 months. Some of the price growth could be attributed to bitcoin being undervalued over 1-2 years before the last 16 months. Investment being poured into bitcoin is different from the dot com bubble in key ways. First investments in bitcoin are more level headed. There aren't a ton of people throwing their money at bitcoin, expecting everything to turn into gold like there was with dot com. Unlike the dot com bubble there aren't a lot of start ups involved with blockchain. Many blockchain projects are run by established institutions like microsoft, walmart, maersk. There won't be a huge number of failing business ventures involving bitcoin to drag the price down like there was with dot com.
Comparing dot com to bitcoin is a bad comparison. There are few if any parallels between the two. None of which are relevent.
There may be some similarities, but there are also many differences between dotcom bubble and cryptocurrency growing.
Stocks of dotcom companies were traded institutionally while cryptocurrencies are traded on their own specialized exchanges, meaning that it's less likely that unknowledgeable people are investing in cryptocurrencies. They have not yet gone fully mainstream, so it's different from the dotcom bubble.
Also, cryptocurrencies had their starting value at near zero prices, so it's less extreme to see them growing dozens and thousands of times than seeing the same with companies that are supposed to have their stocks reflect the profitability of the company.
And lets not forget that some companies have survived the bubble and now prosper, so even if many altcoins will die, like many experts are expecting, Bitcoin will survive and keep growing in the long run.
Stocks of dotcom companies were traded institutionally while cryptocurrencies are traded on their own specialized exchanges, meaning that it's less likely that unknowledgeable people are investing in cryptocurrencies. They have not yet gone fully mainstream, so it's different from the dotcom bubble.
Also, cryptocurrencies had their starting value at near zero prices, so it's less extreme to see them growing dozens and thousands of times than seeing the same with companies that are supposed to have their stocks reflect the profitability of the company.
And lets not forget that some companies have survived the bubble and now prosper, so even if many altcoins will die, like many experts are expecting, Bitcoin will survive and keep growing in the long run.
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