Quote from: jumpsuitjoe on September 11, 2017, 08:25:49 PM

Okay, first let me just qualify that I hate saying I'm successful, but I think that having grown two separate companies to over 6 million in annual revenue would qualify me as such.

It might qualify you as successful, but it sure doesn't qualify you as a Bitcoin expert. We have seen economy nobel prize winners be completely wrong on Bitcoin. You can't really make a prediction if you don't really know what Bitcoin brings. It is far more then just decentralization, it very secure, predictable and smart system. By smart, I mean that it has features fiat does not, as every transaction is like a program on it's own, with the multisigs and locktimes and many more to come and that are already here.

Don't mean to be mean, I just wanted to let people know. Not everything is that black and white. World is very complicated. Cheesy

Quote from: jumpsuitjoe on September 11, 2017, 08:25:49 PM

Is it a bubble?

It really never makes sense to ask that for a currency. Definitions of bubbles and currency is kind of the same. Neither have a value on their own, it is people that give them value only because they expect for other people to value it as well.

My two cents on this is that people haven't seen nothing like Bitcoin before. They try to compare it to things, they can't question the currency itself. Currency has been currency for thousands of years, the difference between the ways it worked is so small compared to difference between all of it and Bitcoin, it is like Bitcoin is something really more then currency itself.

Many things in this world seem like it is revolutionary, but with a little knowledge people see that it isn't. When the revolutionary technology comes, people have a hard time to believe it. It comes in waves I guess, a hype then doubt, but if you take all in the account, there have been nothing like this, not even close. Bitcoin is abstract, based on mathematics itself, it is so much more then what we saw until now. This is what happens when the highest level of science meets the concept of currency.