CRYPTOCURRENCY IS A BUBBLE

Just wait until the Fed announces QE 10. Just think how much our shitcoins will soar.

Gold and Silver prices are suppressed with paper derivatives, so a lot of the capital flies to crypto instead.

Author owns Bitcoin himself. We are probably in a bubble of some form. The issue is at what point are at? I think if the speculation starts to exponentially go up while real world integration of crypto stalls for years, you will see a massive crash.

Let's proof these butthole boomers wrong. Let's create an anti bubble ai, too regulate this shit, humans are idiots, sponsored by the nigga coin.

dont think this guy has any coins bros. feels bad for him :(

How to tell if it's FUD:
>comparing it to the housing market
>comparing it to the great depression

Both of these things were caused by government. The housing market was all started when bill clinton wanted people to own more homes so he told the banks to lower their requirements for giving out a loan

The latter was jews at the fed reserve refusing to print more cash even though they had excess gold

unless people start taking out loans for bitcoin and defaulting on them nothing will happen, and even then it wont be a problem until the government impliments some kind of policy involving bitcoin

tl;dr FUD

they are probably right. this has happened at least 7 times before and Im saving up for the bottom of the crash. i will not sell any of my holdings

yes, why not sell and buy back in at the bottom?

Because you gotta pay taxes off every such transaction

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>2247865
>even then it wont be a problem until the government impliments some kind of policy involving bitcoin
So never, since it's impossible for them to track transactions.
If capital shifts away from fiat to crypto, governments are going to be pissed as hell because it's impossible to tax unless transformed back into fiat.

The great irony of course it that cryptocurrencies is one of the only things that's an almost true free market. Any crash simply means more buying opportunities. And then it moves to greater heights in a natural way.

I remember the BTC will never break $1000 propaganda. Now it's almost $2500 per coin. I'm sure if the government "saved" BTC back then it would be worth like $5-10 bucks today.

good post

Yep. No mention of the current derivatives craziness either. The next crisis will be on the stock market and is a direct result of the government bank bailout and cooking the books on economic projections.

The more they delay THAT bubble pop, the more likely crypto becomes mainstream.

This, guy probably stumbled upon bitcoin, looked at the charts and got angry because he missed out.

Hasn't got a clue

Boomer no coiner tears are delish

This. Fucking normies. Why don't they actually research the garbage they're spewing?

>Author owns Bitcoin himself.
He doesn't, if he did he would know how easy it's to short BTC
He's pretending so he doesn't look like a butthurt faggot

>FTA : Disclosure: I do own bitcoins.

>forbes

Sure if you like listening to short-sighted Gen-Xers and Baby Boomers, then go ahead.

God I hate old people so much

uuuhm
ancap much?

What other explanation is there for Bitcoin's meteoric rise since the $1000 fiasco? People all wanted in once it became cheap. With no restrictions, people integrated btc everywhere and it became much more widespread and useful.

So, sure, why not, ancap is not an insult to me.

...

Goddamn I hate Forbes' shitty website so much. Big ass sidebar. Stupid quote of the day. Slow as hell with ads everywhere.

Yes I really want to listen to people who don't understand the technologies behind cryptocurrencies at all :-)

you can track it back friendo

Everyone should hang this next to their monitors as a reminder to not believe the naysayers and doomheralds

Ok.. But that screencap has no bearing on the present. $2500 a coin is much different that $15 and doesn't mean it will just continue to grow exponentially. Everything has it's price and nothing lasts forever.

Explain please

Of course. I'm just saying that your own judgement/instinct whatever should be the one to make the call in the end. I doubt this is the peak of Bitcoin, however it might take a long time before it gets higher than this.

forbes is retarded lmao

>s. XXI
>read jew and old full of fud bankers propaganda

Hehehe...

>forbed: DUDE dont invest in a decentralized currency our board of directors cant influence LMAO

>The U.K. has about $100 billion dollars of bank notes in circulation, meanwhile as I write, cryptocurrencies have about $75 billion in currency out there. That is way too much and will be the driver for a fall back.

because being a world wide currency means you shouldnt have more value than a small incestual island

This is the real threat. If there's tons of speculation and little innovation and/or adoption, I'll be selling my bags. But I got absolutely ludicrous bonuses while I was at Bank of America from 2006-2013, so I like to think I know how to keep my shit together while everyone else is losing theirs.