Topic: WTF is a bubble anyway? - page 2. (Read 1704 times)
This post looks like those annoying chain emails i get
Good stuff! 
From what I've gathered by proliferating this forum, you only know it's a bubble after the fact. But anyone who knows what Bitcoin is and what it can do to change the world should be holding on for dear life.
From what I've gathered by proliferating this forum, you only know it's a bubble after the fact. But anyone who knows what Bitcoin is and what it can do to change the world should be holding on for dear life.
Is it this?
Or this?
Maybe this?
Possibly this?
Could it be this?
I'm unsure about all of those...
Though, I've heard these are definitely bubbles:
And this:
Also, this:
Here's another good one:
Of course:
So what's the difference?
I suppose, after analyzing the data, that a bubble is anything that goes up very quickly, and back down again just as quick.
Apparently, if it does not go back down, it is not a bubble!
So let me ask all of you something....
Who is to say that Bitcoin will ever go down?
As far as I'm concerned, this is the one I think we all believe is becoming worthless:
Not these:
Perhaps the keyword here is believe
Sure, your house many not have been worth a million dollars during the housing bubble, and you probably knew that....
But if you believe Bitcoin is actually worth even 5% of the currency markets, why should it be a bubble when it needs to increase to a million per before SLOWING DOWN?
This is just the start.
Fundamentally, I believe that Bitcoin is an incredible technology with novel properties that the world will want and is beginning to realize/use.
You can keep US dollars at your own risk, just like Cypriots kept their Euros.
I will keep my bitcoins, thank you very much.
Or this?
Maybe this?
Possibly this?
Could it be this?
I'm unsure about all of those...
Though, I've heard these are definitely bubbles:
And this:
Also, this:
Here's another good one:
Of course:
So what's the difference?
I suppose, after analyzing the data, that a bubble is anything that goes up very quickly, and back down again just as quick.
Apparently, if it does not go back down, it is not a bubble!
So let me ask all of you something....
Who is to say that Bitcoin will ever go down?
As far as I'm concerned, this is the one I think we all believe is becoming worthless:
Not these:
Perhaps the keyword here is believe
Sure, your house many not have been worth a million dollars during the housing bubble, and you probably knew that....
But if you believe Bitcoin is actually worth even 5% of the currency markets, why should it be a bubble when it needs to increase to a million per before SLOWING DOWN?
This is just the start.
Fundamentally, I believe that Bitcoin is an incredible technology with novel properties that the world will want and is beginning to realize/use.
You can keep US dollars at your own risk, just like Cypriots kept their Euros.
I will keep my bitcoins, thank you very much.
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