Quote from: BTCMILLIONAIRE on December 05, 2018, 12:02:20 PM

Quote from: Biodom on December 05, 2018, 01:19:07 AM

Not sure if this was already posted, please don't kill the messenger as i don't agree with lots of these points.
However, this shows where institutional investors (aka hedgies) are on this.

https://twitter.com/DoveyWan/status/1068573163670261760

In short: institutionals are shell-shocked and bewildered.
My take home message from this particular tweetstorm: small size institutional money will not participate from now on.

TL;DR she predicts that, similarly to how internet happened, blockchain will eat the world, but somehow traditional players (Fidelity, Paypal, etc) would be the winners and we would be the losers.
I disagree, obviously.

Obligatory "I'd give her my Wan" iykwim

"To conclude, the violent delight will have a violent end. Healthy consolidation and fundamental seeking will lead the industry to a eventual prosperity. We didnt see another gold rush in internet after the http://dot.com bubble, but internet eventually eats the world"

While she had lots of interesting points we DEFINITELY have not had the dotcom bubble equivalent yet.

In retrospect this bubble will be a footnote just as the 2013 bubble looks piddly now.

Big bucks have been paddling. They haven't dived in yet.

"1/ Bitmain failing in IPO or performing poorly post-IPO (which seem likely) is a strong bear signal indicating even the most profitable player in crypto isn't accepted in capital markets. Bitmains lack of steady EBITDA is unavoidable due to the volatile nature of the industry"

Bitmain's ruination is largely down their irrational masturbation surrounding Bcash. No business run by adults would've pulled any of that shit. It's another indication that we're still not out of amateur hour.