EJECT

The Bitcoin Bubble Explained in 4 Charts

mauldineconomics.com/editorial/the-bitcoin-bubble-explained-in-4-charts/bsn

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investopedia.com/features/crashes/crashes8.asp
investopedia.com/news/jp-morgan-buys-bitcoin-after-ceo-calls-it-fraud/
twitter.com/NSFWRedditVideo

crypto is analogous to trump; it cant be explained by tradition and past market insights

get in or lose

Nocoiner Faggot detected.

HOW TO KNOW YOU ARE IN A BUBBLE

(1) Everyone around you is talking about stocks (or real estate or whatever the fad asset of the day is). And you should really start worrying when the people talking about getting rich in certain areas of the market don't have a background in finance.

(2) When people begin quitting their jobs to day trade or become a mortgage broker.

(3) When someone exhibits skepticism about the prospects for stocks and people don't just disagree with them, but they do so vehemently and tell them they're an idiot for not understanding things.

(4) When you start to see extreme predictions

Decades before the word "dotcom" slipped past our lips as the answer to all of our problems, the internet was created by the U.S. military, who vastly underestimated how much people would want to be online. Commercially the internet started to catch on in 1995 with an estimated 18 million users. The rise in usage meant an untapped market - an international market. Soon, speculators were barely able to control their excitement over the "new economy."

Companies underwent a similar phenomenon to the one that gripped Seventeenth century England andAmerica in the early eighties: investors wanted big ideas more than a solid business plan. Buzzwords like networking,new paradigm, information technologies, internet, consumer-driven navigation, tailored web experience and many more examples of empty double-speak filled the media and investors with a rabid hunger for more. The IPOs of internet companies emerged with ferocity and frequency, sweeping the nation up in euphoria. Investors were blindly grabbing every new issue without even looking at a business plan to find out, for example, how long the company would take before making a profit, if ever.

investopedia.com/features/crashes/crashes8.asp

...

my mom randomly talked to me about bitcoin today. I hid my power level as much as possible but im scared.

it's truly fomo. my mom knows next to nothing about crypto why the fuck is she talking about buttcoin.

"From a valuation perspective, Visa is valued at only $6 per transaction while Bitcoin trades well over $10,000 per transaction (see the chart below)."

bitcoin may be in a bubble but zrx is not

Nigga fuck you for making me go to that faggot's site.