Bitcoin Was a Bubble and It Popped
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Bitcoin Was a Bubble and It Popped
1–10 of 105 posts
Re: Bitcoin Was a Bubble and It Popped
#2As it has done multiple times previously. I anxiously await reading why this time is "different", just like all the previous times.
Re: Bitcoin Was a Bubble and It Popped
#3Why’s it still so darn expensive then?
Re: Bitcoin Was a Bubble and It Popped
#4Like the dot com bubble, and here we are today bigger, better and stronger. Think in terms of a public trading vehicle that enables anyone to raise capital in a global marketplace. Either real value gets translated to that vehicle or it does not.
Re: Bitcoin Was a Bubble and It Popped
#5Buy low, sell high.
Re: Bitcoin Was a Bubble and It Popped
#6Why’s it still so darn expensive then?
Venture investment in Blockchain went up in 2018. The median deal size increased over $1.0mm and the number of deals is also up. [1] Once the ecosystem of complements matures, Bitcoin's utilization is expected to increase. [2] The price of Bitcoin is driven by speculation that utilization of Bitcoin creates value. [3]
[1] https://medium.com/@PanteraCapital/market-update-pantera-blo...
[2] Crossing the Chasm, 3rd Edition: Marketing and Selling Disruptive Products to Mainstream Customers. Paperback – January 28, 2014
[3] https://www.investopedia.com/articles/investing/091814/what-...
Re: Bitcoin Was a Bubble and It Popped
#7Sure it did, oh man, ah jeez, I'm so sad my bitcoins are all now worthless, gosh, the price is...so...so low now...
buys 5 more
Re: Bitcoin Was a Bubble and It Popped
#8You have adoption of crypto all the way up to the state level - you can now pay your taxes using BTC in Ohio. According to Binance, you can book over 450,000 hotels using their coin, BNB. Booms and crashes are part of healthy market activity. If it didn't crash regularly, that would worry me more. IMHO - the most important consideration is adoption (cuz ppl need to actually use the damn thing). Everything follows that.
Re: Bitcoin Was a Bubble and It Popped
#9"Millennials, like generations before them, just got a painful lesson about speculation." and yet the first tweet is from McAfee... I know life has been hard to him but that is one very aged Millennial.
Just add this bad article to the 300+ Bitcoin Obituaries, and the even more writings that try to point out the hard lesson learned by us idiot Millennials.
A reminder that some Millennials are almost 40 now, we were the first generation to grow up with the internet, and we lived through things like the dot com bubble and the 2008 housing crisis. What could we possibly know about technology and money? What could we possibly desire to see possible change and improvement in?
Re: Bitcoin Was a Bubble and It Popped
#10Why’s it still so darn expensive then?
Venture investment in Blockchain went up in 2018. The median deal size increased over $1.0mm and the number of deals is also up. [1] Once the ecosystem of complements matures, Bitcoin's utilization is expected to increase. [2] The price of Bitcoin is driven by speculation that utilization of Bitcoin creates value. [3] [1] https://medium.com/@PanteraCapital/market-update-pantera-blo... [2] Crossing the Chasm, 3rd Edit…
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