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Showing 5 of 5 results by Tomarsi
Tulip mania was a bubble in a time where the Dutch really really loved their tulips but the prices got so ridiculous that everyone tried selling, instead of everyone trying to buy them.
Beanie babies was also a bubble, 2008 was also a real estate bubble. The difference between all of these and BTC is that the tulips, the houses, the stuffed toys, all were in unlimited supply and they didn't serve an actual purpose. Yes, BTC is exciting and people might rush into it but it actually serves a very good and targeted purpose. It's not just a pretty flower.
Beanie babies was also a bubble, 2008 was also a real estate bubble. The difference between all of these and BTC is that the tulips, the houses, the stuffed toys, all were in unlimited supply and they didn't serve an actual purpose. Yes, BTC is exciting and people might rush into it but it actually serves a very good and targeted purpose. It's not just a pretty flower.
Another characteristic of most bubbles is the line "this time is different"
Bitcoin Cash is oficially bitcoin and within a week will have a bigger market cap than Bitcoin Segwit.
Source: https://fork.lol/pow/hashrate
Source: https://fork.lol/pow/hashrate
A fake market cap based on dead coins 90% of owners don't know they have or know how to sell?
Even it Bitcoin cash would overtake regular Bitcoin that'd be shitty for you, cause it will completely kill the potential for a blockchain-currency becoming a true world currency at valuation of millions. It will namely confuse the shit out of the general public and the great majority will stop investing; Bitcoin cash will never be able to reach the potential that regular Bitcoin is able to achieve. No taxi driver's mom is or will ever be googling "Buy bitcoin cash". If Bitcoin cash would have some feature that regular Bitcoin truly lacks, then we're all better offer having another fork on the regular Bitcoin to fix that.
The current correction might actually proof a really good and strong one from a technical perspective.
And regarding BCH, that increase is only fuelled by FOMO; it's gonna crash as hard as it came up when those emotional traders change their mind..
And regarding BCH, that increase is only fuelled by FOMO; it's gonna crash as hard as it came up when those emotional traders change their mind..
It's almost more funny than sad how such whales can play the market and give so many people FOMO on bitcoin cash. Cause that's the only reason for the current gains, all FOMO.
1. Bitcoin Cash is never going to overtake Bitcoin. If it would have a feature that Bitcoin is missing and really needs, then Bitcoin will just do another fork.
2. Bitcoin has become too much of a household name among the general public. It's the only name the great majority has ever heard of. When they decide to hop on the cryptocurrency train they search for "Buy Bitcoin", not "Buy Bitcoin Cash", "Buy Bitcoin Gold", "Buy Bitcoin x123" or "Buy Waves". If Bitcoin Cash would make regular Bitcoin crash then that will confuse the shit out of the general public and crash whatever trust is building up now, not only ruining Bitcoin's future but the future if Bitcoin Cash and other Blockchain-cryptocurrencies along the way.
1. Bitcoin Cash is never going to overtake Bitcoin. If it would have a feature that Bitcoin is missing and really needs, then Bitcoin will just do another fork.
2. Bitcoin has become too much of a household name among the general public. It's the only name the great majority has ever heard of. When they decide to hop on the cryptocurrency train they search for "Buy Bitcoin", not "Buy Bitcoin Cash", "Buy Bitcoin Gold", "Buy Bitcoin x123" or "Buy Waves". If Bitcoin Cash would make regular Bitcoin crash then that will confuse the shit out of the general public and crash whatever trust is building up now, not only ruining Bitcoin's future but the future if Bitcoin Cash and other Blockchain-cryptocurrencies along the way.
Hi guys,
2 questions;
1. What's the recommended approach to purchasing IOTA? (would anybody have a how-to guide or something..?)
2. If I download the software from Github I run into the following message on my Mac: "IOTA Wallet cant be opened because it is from an unidentified developer." Is that normal?
2 questions;
1. What's the recommended approach to purchasing IOTA? (would anybody have a how-to guide or something..?)
2. If I download the software from Github I run into the following message on my Mac: "IOTA Wallet cant be opened because it is from an unidentified developer." Is that normal?