Post
Topic
Board Bitcoin Discussion
Re: 1.7 Trillion USD - and a question for bitcoin investors
by
akash15785
on 18/11/2017, 14:58:23 UTC
In the span of just a few months in 2000 the internet bubble burst and 280 companies lost 1.7 trillion USD in value. That is 13 times more than the entire market cap of Bitcoin (!). 13 times all of bitcoin in the world lost for comparison.

Almost a third of them lost more than 90% of their valuation. That means Bitcoin can easily go from 7700 USD now to 770 USD very quickly.

It is only now in 2017 - 17 years later - that the NASDAQ has regained what was lost in year 2000.

For all you bitcoin investors - would you be happy with seeing 90% of your value lost now, and then have to wait 17 years just to get back to where you are now?

Or is it time to cash in before it is too late?

http://money.cnn.com/2000/11/09/technology/overview/


Well, that was 2000, now it's 2017. Bitcoin technology is much secure and advanced than ever. Also, another plus point is, around 1/5th of peoples around globes(I guess), knows what is bitcoin and what's its future. Every day, thousands of new peoples joining bitcoin community. What do you think, why they're joining. Because many experienced economists already predicted that there will be 5-10X rise in value after 2018. So, no, I don't want to withdraw my bitcoin yet. Let wealth grow day by day..

Cheers for some bright future my friend..