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As long as skepticism and questions surround crypto, the bubble will grow at a
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Date: December 13th, 2017 8:05 AM Author: Milky crusty fortuitous meteor
safe rate.
And the bubble has a lot of room to grow. A bubble can't pop if everyone's sitting around, asking, "Is this a bubble?...I don't want to invest." The last five people I've spoken to about crypto have said it's a bubble, I'm not getting in. When did everyone on earth become so good at identifying true bubbles?
Bitcoin market cap is 400 Billion..Could easily get up to 1 trillion before true societal euphoria sets in.
There will likely be breaking point when euphoria gets too strong. We're not near there yet. After the bubble deflates, blockchain fintech will continue to grow.
(Though, the fact that everyone is predicting this probably means it won't happen this way at all. In which case, growth slows in BTC, ETH, LTC to 20% a year or so, with 10x+ returns coming from picking the correct altcoins. Still, not a bad alternative.)
(http://www.autoadmit.com/thread.php?thread_id=3827307&forum_id=7#34906974) |
Date: December 14th, 2017 10:57 PM Author: Indigo zippy stage mood
the question is, is there enough new money to sustain this type of growth to a trillion
I think you need everyday joes to really get into it to get to that number and then who's buying at that price continuously?
(http://www.autoadmit.com/thread.php?thread_id=3827307&forum_id=7#34923612) |
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