Crypto is just like the dotcom bubble...

no, it's like if you bought a product from amazon that would massively appreciate or depreciate in value within years so the comparison is a pretty shite one

>20 years for 100x
>30 years for 1000x
>40 years for 10000x
If you are 20 and put in 10000, you could have 100M when you are 60. Without any additional investment. Be patient you little fuck.

Fuck off, Bezos, you cunt.

And OP is a retard, ignore him.

You obviously havent been in the market more than a few months.

>not wanting money now

nah. crypto is like stocks on steroids. everything happens a gorillion times faster.

sounds like scam desu

Uhhhh except crypto is nothing like stocks in a company. You're supposed to actually use the tokens to pay for things, not cash out back to fiat. No one is going to use the asset if they think it will continue to go up.

Obviously I want money now, but I know that I am much more likely to get rich off of a stable 10X every 10 years than hoping some internet monies blow up and make me a millionaire overnight. I am here because there is some chance, but I only put 25% of my net worth in cryptos since it is by no means guaranteed.

pretty much this

Personally? Ethorse. But there's no way to know until after a lot of blood has been spilled. And by a lot, I mean a LOT. It's also likely that BTC's Amazon doesn't exist, especially if Amazon plans on making it themselves. It could also just be a 1929 situation where nobody wins because everything doesn't actually have value due to the unregulated nature of the market.

The whole thing is to look at the actual financials. Utility is the only shit that matters, be extremely wary if the price of an item does not match with it's actual practical uses.

Except crypto isnt even useful for anything, unlike the internet

>100mm when I'm dying
Yeah, no thanks. I need that shit now

Is this the bubble popping already?

It's nothing like the dotcom bubble or the housing bubble, which were trillions of dollars each at the peak, and ruined TONS of lives when it popped.

This "bubble pop" is TINY compared to that, it's probably mostly just NEETs now having to go back to living in their mom's basement or having to wagecuck again back at McBurgers.

Sure,80% of the normies heard about bitcoin on the news in the past couple of months, but I know most held back or just watched from the sidelines, probably less than 5% made the leap.

And the only thing the big whales need to do the erase the negative sentiment about crypto is to pump btc back to $20k and above.

THEN we'll probably in the BIGGEST bubble crypto has known, where it would be the same level as the dotcom and housing bubbles... in terms of lives ruined.

The whales can milk this ONE MORE TIME, and this time it will be the BIG ONE.

That's what I think anyway, this "bubble" is too tiny still right now to be compared to those bubbles.

Think of your children user. A generational dynasty would be great.

My children? Wtf? I want money for me to enjoy while I can. Nice subtle fud btw

>Less than 1trillion
it's gona recover super fast tho

yes, and it doesn't actually generate revenue unlike websites.

and if you understood Factom's model you would understand that the value of their token is 100% tied to the money (this includes fiat) spent by people making entries into the blockchain. Read their whitepaper, it's all in there, and other companies will figure out other models that will work for "equity in the network." Eos also attempts to do this, for instance.

it's not fucking popping you pussies
by saying it's popping you make the weak hands pop it

The amount of money in the market is minuscule

BTC is down over 50% from peak. How is this not a pop?

What difference between Amazon and a worthless bag of sha256 hashsums don't you understand?

So when you poke a balloon with a needle, does the air slowly escape over several seconds? I don't think you understand what a pop is you dumb fucking nigger

this is normal bitcoin fluctuation. stupid fucking newcoiner.

this is called a "market correction", confusing stuff

I don't think you understand the speed of markets. Nothing really pops from one day to the other. A 50%+ drop over one month is a pop in a bigger time frame

....right.

BTC's value is dropping about as fast as the Nasdaq's dotcom burst. BTC has lost over 50% of it's value over the past 30 days, and is down over $10,000. That is a pop.

Down 50% from peak isn't normal behavior and there is no way to rationalize this, especially if you expect it to become mainstream.

Fucking moron.

yes, and a severe "market correction" can be called a bubble popping, or in other words the market returning to the normal baseline

Great argument brainlet.

If you wanna see what a pop looks like go look at bitconnect

Or even Bitcoin Dark

>bubble bursting now
>huge money to be made for 30 years

you have no idea what you talking about. you just write like who pretends to be smart but have no fucking cents in his name and prob under age

just because some pops are more severe, does not make BTC's crash not a bubble popping

lol, someone's triggerred

did you change ip OP?

The blockchain is so useful it's obscene. The internet took a long time to be adopted. Email existed but we liked our fax machines. Then at some point if you didn't have a website you didn't exist. Then up and down. Go a bit further, computers. Did you need one at home? Fuck, no. At work? Barely, but there was only one guy who knew how to use it and we also did it by hand in case the dude was wrong, they didn't teach us how to use computers at uni. Cellphones, laptops and tablets, concferences over webcam.

So why are we not using it yet? Because its value isn't being understood by most people and the speculative bubble does exist. We're having some jokes that are not funny.
> Dentacoin is the first Blockchain concept designed for the Global Dental Industry. The Dentacoin ERC20 token is configured to be used globally by all individuals. Dentacoin aims at improving dental care worldwide and making it affordable through crowd power. Numerous Blockchain-based tools will be developed and implemented.
The next big thing may be below the top 100 right now. But in 10 years you will not be able to go a day without using them. And your niece won't believe you when you tell her blockchains and TV weren't made in the same century.

By that definition though, then the Mtgox crash of 2013 was also a bubble pop?

If yes, then I don't mind, as long as we are going one logarithmic level higher for the next bubble (to as similar size as the housing and dotcom bubbles)

i wish he were in despair already so we could get on with it

thats wrong

computers were so fucking expensive, same with cellulars phone. internet was fucking expensive too .thats why people didnt use them.
you had to go around with a briefcase as a phone

I WANNA BE RICH AND FUCK KOREAN SUPERMODEL GOLDDIGGERS NOW NOT PAY THEM WHEN I'M 60

>I'm a millenial; the post

>buy chares of the company that makes the coins

That's exactly what's gonna happen

Less than 1% of the population is in it. This is a bad dip - the real bubble is a year or two away at least.

its the same price it was a month ago.. so what?

why would more than 1% of the population get in? How high was the % of people who were in during the .com bubble?

This lmao
There's no revenue involved here whatsoever

/thread

Go read up on the dotcom bubble. Every housewife was fucking day trading, not just a handful of neets and a few whales. The entire economy was riding on its back.

Another example: GFC. Every nigger out there was flipping houses. Again, the whole economy was riding on it.

In fact, just go read some history about REAL crashes. This is nothing but a correction.

For the value they offer most of these coins are expensive as hell. But there's more than what you're saying. Computers were expensive, then not so much if they used a tape, what was expensive was using a diskette, then diskettes were affordable and who was going to use all the memory in a CD? 9.6 kbit/s was a barrier for a long time, later anything faster than 56kbit/s was too expensive now you don't download porn, you watch it on stream. For cellphones you could just make calls, now they're minicomputers. Their size and public phones meant they were never going to be used. Everything's a dream until we all depend on it.

At least I've graduated from being called a boomer.

airdrop.havven.io/email-verification?kolid=KYCS0 Get in here free Havven tokens!

>This is nothing but a correction.
why do you care so much about being right, just trade the damn market boy