Post
Topic
Board Speculation (Altcoins)
Re: We're in a bubble
by
Wa(t)ch_night()
on 08/12/2017, 06:45:16 UTC
I think everyone with at least half a brain knows we are in a bubble. What's the reason of latest Bitcoin increase? 100s of thousands unconfirmed transactions? How about all these crowdsales and ICOs based on Ethereum? All these "exciting" projects? Why DGB is close to 900 satoshi? DOGE? My personal opinion is that the price of a coin (or whatever) should be justified with usage and I don't think that usage of digital currencies has increased THIS much. Don't get me wrong - I'm also excited with the latest BTC increase and everything, but I'm always thinking about the future and now I think it looks scary...
Only when there is an explosion of this bubble then it will be scary. And now people do not think about such a development of events, so they have a fog before their eyes.