Post
Topic
Board Economics
Re: Is this the end for bitcoins ?
by
tylerderden
on 01/04/2018, 13:01:23 UTC
That guy doesn’t know how to distinguish between the different kinds of bubbles:

https://bitcointalk.org/index.php?topic=2564619.0
https://bitcointalk.org/index.php?topic=2564619.0

Fixed that link for you. I think that .to link may be a phishing site.

Very recently I read an article , which assumed bitcoins to be exactly like the Dutch tulip mania , the Mississippi bubble and the south sea bubble.

The author of that article (which was published in the economic times ) said it's now time to move away from bitcoins , the market has ended and the sooner you forfeit the lesser will be your loss.

What do you guys think about it ?

If you had linked to the article it might be possible to make comment on it. There was another thread a few days ago with some rather better thought out analysis.

This is well worth a read as it's important to hear the take of people with the ability to look beyond the next five minutes of touching themselves and who don't Swat people on Twitter who annoy them.

https://s3.eu-west-2.amazonaws.com/john-pfeffer/An+Investor%27s+Take+on+Cryptoassets+v6.pdf

TLDR - There will be utility coins and money coins. BTC is the still the prime candidate to be the money coin.


Edit: Just found this from the RBC as well https://www.coindesk.com/crypto-blockchain-create-10-trillion-market-rbc-analyst-says/

no there are no chance for ending the bitcoin because now a days the demand of bitcoin in all over the world is become very popular so every people love the bitcoin very much because it is the easy way to earn the money of money people. From all other cryptocurrency bitcoin is the most popular one and also the price of bitcoin is very high from all other cryptocurrency so there is no chance for ending the bitcoin . There are so many people who depend on bitcoin .