Bernstein: No, Crypto Markets Aren't Like the Dot-Com Bubble
"To see the fund-raising landscape as scam prone and with regulatory skepticism fails to recognize it as a market based innovation experiment to build out a new financial system. And the 247 trading market acts as a natural correction system for the bad actors unlike the dot com bubble where the feedback for weak business models came with a lag. Crypto markets build and destroy fortunes every day."*
Good article, makes some great points, and one point that wasn't brought up in the article is crypto is the first worldwide market, everyone in the world can trade it, that's never happened before, the dot com bubble was pretty much just in the US, so people in one country or part of the world may be buying while another part of the world may be selling, that really has the potential to create a deep market as it developes.
Read the full story here...
https://www.coindesk.com/new-report-says-crypto-is-building-parallel-financial-networks/
Quiet day for crypto, $6650 bitcoin fyi
Wow! Hope it marks the benchmark of expectations.
It will as per the news everywhere.
Crypto to the moon :)
Just fyi, bitcoin at $6850 now
Do you have any idea.when will pump bitcoin.
No idea. I'm not interested in a pump, I'm interested in long term appreciation. Cheers
@onthehook8 every market is faced up and down.its not mean buble.but you are not upvote my post.Your little help will help us grow too.
Looking forward to hearing soon from you. Thank you.
Thanks for the comment, hope we've seen the bottom :)
Interesting choice of a video :)
Hehe. that was my reaction as well. :p
That used to be my line from my other account which got hacked. @rajatj205