Crypto in a bubble argument

Don't ever forget - you coin is only worth what someone else is willing to pay in fiat.

Unless you believe in the tech behind the coin and you think it has a future, all of this is just speculation. At the end of all this, someone has to lose.

Bitcoin is in a bubble by definition. It's value exceeds its intrinsic value of zero. But it's hard to explain. I can't take a bitcoin to a theoretical planet in another galaxy and use it. I can take gold and use it to reflect heat. Or silver to make electronics. Etc. But bitcoin doesn't have a universal use. It's no more useful now than it was at 1 cent. People buy it because they expect it to go up in value. If it becomes an official government backed currency, then sure it has a use. But yes, definitely a bubble right now. But it's a bubble made of very strong material and its not popping any time soon

It's absolutely a bubble. The price of Bitcoin (and with it, practically all alts) has gone up by 10 in the space of a year, rather than a more moderate and rational gradual increase. And most of that is in the past 2 months.

This will probably come down hard, and sooner rather than later.

lol silly to live in the present like you. "so little real world uses". like this is a fucking game to see who can collect the most grocery money, this is the new world order and when we zoom out in 25 years the 9000s on this chart will be like dots in the big picture. no real world uses this guy says, lmfao. yea let me just pee on your little tree hugger money there little pal-o, buddy there

You are right. Blockchain will be the new order. But sorry, this will happen without bitcoin.

none, everyone is a bubble. And everyone hopes to find a chair when the music stops playing

nobody is saying bitcoin is about to die, so don't link that bitcoinobituaries shit link.

Also, you are comparing dicks to carrots

...

Who gives a shit if it's in a bubble! Bubbles are great for making money. Just lock in some profits by placing a stop loss and youll be fine

Nigga I've paid my coffee with doge.