[dtube] Daily: Biggest Bubble Ever?

in #dtube6 years ago


The altcoin market has been growing continuously for almost a week - is it the biggest bubble ever?
1:00 Market Analysis
1:00 Altcoin Bubble?
6:25 Vechain gets adopted as coin for Gui’an new District
9:00 Bitcoin Isn’t a Currency, Won’t Be Regulated: South Korean Financial Regulator
10:10 CFTC Launches Online Resources for Bitcoin Investors
Andreas Thoughts: https://www.reddit.com/r/CryptoCurrency/comments/7ki4l5/is_bitcoin_a_bubble_andreas_shares_his_throughts/
Vechain Document: https://cdn.vechain.com/vechain_national_government_partnership_guian_release.pdf

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I really want to call the entire crypto space one gigantic bubble, but when I consider how much fiat cash the central banks have injected into the legacy financial system over the past 8 years, I have to conclude that we haven't seen anything yet.

It's not a crypto bubble guys. And it was not a internet bubble either. Who here uses internet less than 20 years ago? No one.

Bubbles are always financial bubbles. Prices go up because traders are jumping on technology like it is a goldrush. Then when the "bubble" pops all the traders and investors who don't understand the technology sell their stake.

This doesn't mean that the technology itself is a bubble, we know that cryptos are here to stay, and become a major part of our life, like the internet is today.

Just keep calm and hodl! :)

I don't think its a bubble. It simply cannot be compared to anything that has ever happened before in human history.

Spot on man. Check out my post where I prove to myself that blockchain tech is the new internet. Paper money is the old printing press. We live in very exciting times.

The market cap is somewhere about 620 billion at the moment your correct it’s gone up a lot but globally it’s not that big and has huge potential for growth in the coming years, well at least I hope so , thanks for your article. Cheers mike

It is getting a bit crazy indeed

Altcoin bubble ? How about a Bitcoin bubble that is popping and everyone is getting into BCH

Bitcoin is a bubble and will burst. I just hope people are being careful because I have seen articles that people are getting mortgages so they can invest in Bitcoin!

If BCH/BCC/ WTH? is so cool, howcome they used Bitcoin as a road map? Reminds me of all these technologies that came out AFTER Apple and now they claim to be better. I mean, they couldn’t even come up with an original name. 🤔
Just so I’m not mistaken, is it still true that both BTC and BCH or BCC - depending what exchange you’re at, not to be confused with BCash cuz that’s yet another spin off take control from banks?
.....cool, just checkin

It's not just normal people buying Bitcoin but the big businesses and that includes banks, plus they're investing in the tech so don't believe they have no control over it because, at the end of the day, the blockchain is just a program and can be amended.

Hi .. they would be cashing in already .. @20k usd

All the smart and not greedy people have already cashed out and are living great lives, while we here are discussing all this nonesense! But it's fun, what people want is to get rich with crypto and cash out and invest fiat in something substantial, simple!

Hi .. they would be cashing in already .. @20k usd

Btc bubble ??excuse me ?? It's only anonymous pure decentralized version .. the mother of bchain .. I can trust btc over any atc including btc forks bch n btg

I bought #XVG on a hunch three days ago... it's up 100% today... maybe it is a bubble after all.

Saw a guy on steemit copy+paste an article written by an alt-media source that's been around for a decade or more, and he made $100 doing this.
If you multiply that out, it's a pretty good salary for sitting on a beach copying/pasting from a cellphone-- doing 1 minute of work per day, 5 days a week, 250 days a year.

Copy/Paste millionaires?? There's your bubble.

Good for him, instead of referencing it, you could do this yourself, unless you're saint! ☺

I think by next year, some of these altcoins will start to crash. Only projects who will deliver and make their projects functional in the world will keep rising. Like Steem, how can it crash where it is already working and users are increasing daily?

I think FIAT is in a bubble! Money is just pushed out as a loan to all the banks and when everything is measured in FIAT, people had to just go with it. Banks use all that free money to push prices of houses and everything up! How many buys their own house without a loan for tens of years? How much do banks invest into appartments that they then rent? If crypto gets mainstream, FIAT will come down, making banks use crypto as their main currency and therefore move back to their old place of not running everything. What goverments will do is a good question. I don't think people are willing to let goverment regulate cryptos, like they regulate current markets.

No one cares what people are willing, no one would simply give anyone power!

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