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shponglefan:
--- Quote from: fallacy on February 02, 2018, 11:04:00 pm ---Nothing it is just like when everyone invested in the 90’s that had a .com in the name, Why? Because they new the internet would be great and wanted to get into it in anyway possible even prematurely. Alot of people think this is going to change finance on a global scale even though it is not doing that right now. I also thought the internet would change everything back in the 90’s I think VR will change everything but the Blockchain database is neat but I have yet to see the example personally where I am like this is going to change everything. --- End quote --- Personally, I'm not sure I'd draw the comparison with the dot-com/tech boom of the 90's. The fundamental difference to me is that during the 90's tech boom, not many people were calling BS on it. And that's the hallmark of a bubble; nobody knows they're in a bubble until it pops. Meanwhile, loads of people are calling BS on cryptocurrency. In a way, it feels more like a collectibles market than a financial market bubble. Kind of like Beanie Babies or comic books of the 90's all over again. |
fallacy:
What do you mean it was a bubble because everyone claiming to be the next big .com company was getting investment money thrown at them hand over foot even though they were not actually doing anything of importance or actual usefulness, it is exactly the same thing. |
fallacy:
it did drop from when I sold it all at 991, in fact that was it's highest point, I was out and about most of Saturday but was still looking at it, I wanted to get back in at 941, it hit that for a few seconds during the day but most of the time it was at 960. That night I was like screw it I will put in for 5 coins at 941, if it jumps up than screw it. In the morning it was at 880 so I bought 5 more coins at 882 plus the 5 that were now bought at 941 |
yotsuya:
It’s at 872 now. Go buy more. |
yotsuya:
Oops, I meant 857. |
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