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Topic: Bubble? Really? - page 2. (Read 639 times)

member
Activity: 168
Merit: 10
Presale Starting May 1st
November 30, 2017, 03:05:06 PM
#6
Some celebrities were tagging Bitcoin and Crypto-Currencies are bubble because they're envy of the earlier investors. They thought they supposed to invest earlier like early investors in order to collect coins and hold it while in the middle of the bubble.
They loosy bluffing kids.
sr. member
Activity: 700
Merit: 275
November 30, 2017, 03:04:49 PM
#5
Whenever there is expensive stuff and the competition then there will always be a bubble. This is one star ugh truth about the world. The bubbles are not there already but they will be created soon after the thing gets publicised and people start getting to know it in broader perspective. I think bitcoin or any other crypto related to blockchain has got this status of bubbles due to its long lasted economy after being operated as decentralise currency and that is too over the virtual basis.

Now tell me why that’s not a wonder blunder and anyone can think that 10k or 11k or whatever it is going right now, is all the bubble.
member
Activity: 70
Merit: 10
November 30, 2017, 03:00:58 PM
#4
They're all quite content in their own little world where they can manipulate things to their liking, not having to learn new skills and bad-mouthing what they don't understand.
All of the bubble-FUD folks, that is.
One mocks what one doesn't understand and shouts loud when scared. This seems to be happening and will definitely continue until the institutional money starts flowing in and this becomes more mainstream.

Let them live in their own bubble!

legendary
Activity: 1372
Merit: 1123
November 30, 2017, 02:54:05 PM
#3
They're projecting the flaws of their own system onto ours. People might try to claim the price movement of bitcoin is indicative of a bubble, however we don't experience the same downward trends that these bubbles cause. Price moves, but the bubbles they're afraid of come from the corruption of the financial institutions and governments attached to them (for the most part), which we've done away with.

They're out of touch and already got left behind; cognitive dissonance at it's best.
full member
Activity: 233
Merit: 106
The Operating System for DAOs
November 30, 2017, 02:34:09 PM
#2
This awesome article puts everything into perspective. The main stream media is lost.

The Asymmetry Of Bubbles: The Status Quo And Bitcoin
http://www.zerohedge.com/news/2017-11-30/asymmetry-bubbles-status-quo-and-bitcoin

Do the bubbles in bonds, stocks and real estate get the same scrutiny as the bubble in cryptos? Do any of the conventional critics deriding the bubble in bitcoin bother comparing the scale of all these bubbles? So bitcoin is in a bubble at a market cap of $170 billion, but the unprecedented $500 trillion bubble in stocks, bonds, debt instruments and real estate is perfectly fine and no risk at all? (Approximately $300 trillion in global financial assets and $200 trillion in real estate.)

Me thinks that the money from those bubbles will flow into Crypto!


It is quite hypocritical what they say but that is the media and you should always take their words with a grain of salt. Btw you know why people are making such a big deal of this right? it is because sooo many jobs and industries will be threatened in the coming 5, 10, 25 years the biggest of which is the financial industry. They can see the threat with their eyes and they are shaking in their boots, that is the only reason they care so much! Think about it if they didn't care or didn't think bitcoin could become anything they wouldn't discuss it they wouldn't give it a thought. But because bitcoin is threatening the very foundation on which these people live and work (not to mention old people handle change bad) they are scared and that is why they are bad mouthing bitcoin!
newbie
Activity: 41
Merit: 0
November 30, 2017, 02:23:43 PM
#1
This awesome article puts everything into perspective. The main stream media is lost.

The Asymmetry Of Bubbles: The Status Quo And Bitcoin
http://www.zerohedge.com/news/2017-11-30/asymmetry-bubbles-status-quo-and-bitcoin

Do the bubbles in bonds, stocks and real estate get the same scrutiny as the bubble in cryptos? Do any of the conventional critics deriding the bubble in bitcoin bother comparing the scale of all these bubbles? So bitcoin is in a bubble at a market cap of $170 billion, but the unprecedented $500 trillion bubble in stocks, bonds, debt instruments and real estate is perfectly fine and no risk at all? (Approximately $300 trillion in global financial assets and $200 trillion in real estate.)

Me thinks that the money from those bubbles will flow into Crypto!


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