Quote from: freightjoe on November 22, 2017, 07:18:23 AM

Quote from: Spoetnik on November 22, 2017, 07:16:14 AM

Quote from: coolcountry on November 22, 2017, 07:03:56 AM

Quote from: freightjoe on November 22, 2017, 06:57:03 AM

Quote from: Bitcall on November 22, 2017, 06:55:55 AM

Bitcoin now is too big for a bubble or the risk is ever the same?

"too big for a bubble"? No, it is different - as it grows bigger faster, the bubble is expanding further which means that the crash will also be bigger

If you think it is a bubble, that is. The price is rising, yes, but what exactly makes yoı think it's a bubble?

https://en.wikipedia.org/wiki/Great_Recession
https://en.wikipedia.org/wiki/United_States_housing_bubble
https://en.wikipedia.org/wiki/2010_United_States_foreclosure_crisis
https://en.wikipedia.org/wiki/Financial_crisis_of_2007%E2%80%9308

Crypto coins are identical to worthless mortage derivative bundles.

Well said

You know there was a story in my local news about the price of bread at stores (it's high)
Also a few about the minimum wage needing to be increased.

Point is inflation.. which came from the 2008 world wide recession.
A recession that had grave consequences for many.. it collapsed the economy of smaller countries.
It made tons of people homeless and poor. and all of us ever since has been hammered with inflation.

Why ?
A lack of Regulations + Greed.

They chanted NO LAWS !
Greenspan said they would not let the system collapse (again)
He was fucking wrong.
They did.
They did because it was PROFITABLE.

One guy i seen on CNN said it was easy his firm made over a billion dollars over night.. and much more.

You bet your damn ass there is a bubble.
And i know people who got burned on the one we had in crypto in 2013 too.
But this place is full of happy greedy willing participants they will not be bothered by the turd in the punch bowl chanting DOOM.

I am not amused when i have to pay pretty much double for everything in society when financial pundits warned ever since '08 the fix Greenspan and then Bernanke put in place was nothing but a band-aid.. a larger crash is possibly coming and no a broken and fucked up inflated Bitcoin will NOT be taking over if the dollar collapses.
It can't.. it's broken.

GREED RULES and you all love it and chant NO REGULATIONS like pigs.
Problem is the consequences flow around the globe for all to deal with.
Yes a bubble is a bad thing guys.. not something to celebrate.
It's warning.

You all are mostly noobs with no experience or grasp of the context of traditional economies or crypto.
You are blind and dumb and lambs led to the slaughter ..that carrot on the stick will lead you right off the fucking cliff.
Seriously how the bloody hell are the worlds biggest and most popular companies worth a tiny fraction of a scam coin called Ethereum let alone fucking Bitcoin at 8 grand ?
Do you all fathom how utterly retarded that is ?
"Investment" ? I'd sooner invest in Alphabet inc (Google) or Microsoft etc than this inflated idiotic bullshit.

For fuck sake's Microsoft's stock price is worth $83
And Bitcoin is worth $8,000.00 ?
Are you idiots fucking high or what ?
Bitcoin is broken and unregulated.
Like in '08 there will be no bail outs when you get burned investards.

..how quickly people forget Roll Eyes

EDIT:
By the way, Hitler got elected because the US's economy crashed.
He tried unsuccessfully for close to a decade to get elected before that and failed.
When times were good no one wanted his brand of Trump'esque soap box anger.
As soon as the depression the US bankers created crossed the sea it was game on !
You reap what you sow.