Bitcoin
Bitcoin
Out of context: Reply #1088
- Started
- Last post
- 2,736 Responses
- cbass990
There are 3 phases to this type of boom and its happened the same way in other booms like the tech 90's, and the housing 2000's..
1st is when the creators get behind it..and believe in it...
2nd is when smart money gets behind it..corporations..
3rd is when the public gets in on it (and that is just barely starting right now) once the general public goes in, that's when all the money gets made.If you ask 10 people on the street what bitcoin is exactly, about 1 persons maybe will know..just like when the lady newscaster said "what is this internet thing?.."
just my two cents..i'm gonna keep buying.
- o_Omonospaced
- merry christmas monocbass99
- but if you ask people they' say "oh, easy money!". I'd say we are at the tail end of your conclusion.formed
- It gonna go "POOF" and a lot of people are gonna be really hurt.formed
- I do think that the bust part could kill btc altogether, probably why govt and institutions are just waiting on the side lines.formed
- if we're at the tail end, how do you feel about companies like Amazon and Overstock investing in them?cbass99
- The size of the dot com bubble or housing boom is gigantic compared to cryptos.inteliboy
- inteliboy, how do you know? its not over yet.cbass99
- you know, financial experts all say the opposite ... that the moment average joes, with little-to-no understand invest, it's clearly just a fadmonospaced
- which is how and why bubbles form and crashmonospaced
- I'm not saying I'm right, just sharing information I've heard on the matter. It's quite fascinating.monospaced
- mono, I understand what you're saying, and I'm not saying I'm right either. Check this out though..cbass99
- https://dailyreckoni…cbass99