Kargai Posted November 29, 2017 #1 Posted November 29, 2017 Bull Novogratz is a billionaire, former Fortress manager, and he see the crypto world as a huge bubble ... but he think it's still ok because historicaly the major bubble were life changing for the human race. Quote Historically, manias or bubbles happen around things that fundamentally change the way we live. If it’s the railroad bubble or the Internet bubble, it really changed the way we live. He also stated that Bitcoin can easily reach the 40.000$ by the end of 2018 even if it will be a long bumpy road *. Read the rest of the story here : https://www.cryptocoinsnews.com/billionaire-bull-novogratz-bitcoin-will-biggest-bubble-lifetimes-thats-okay/ * because it's one of my musical reference ;o)
Snike Posted November 29, 2017 #2 Posted November 29, 2017 I am very unexperienced in things about cryptocurrency but I am 90% sure bitcoin it self wont change but the price of bitcoin will need some time to develop to a stable and high price like 50.000 $ or higher. We'll see what the future gives us!
HappyBitcoin Posted November 29, 2017 #4 Posted November 29, 2017 I don't think it's gonna crash.. Ever. But I honestly don't think it'll level out either. Going to 40k would be nice but at that price point no one's gonna buy. I mean it's the ones who invest that make large impact on price right? Well when it's the most expensive trade in the world whose gonna buy? Wait it'll level out when all coins are mined. My bad.
wry Posted December 1, 2017 #5 Posted December 1, 2017 Given how much Bitcoin has shot up this year, IF it turns out to be a bubble, yeah, it will almost certainly dwarf anything else. Lots of graphics about it compared to tulips, tech stocks, housing, etc. and Bitcoin is in a class by itself. I'm not sure it's a bubble, there is no way to know, maybe it will stay at 10K USD for awhile, but bubble or no, I agree it has provided a different way to think about money and many other things. Also, What a Ride!!!!
Kargai Posted December 1, 2017 Author #6 Posted December 1, 2017 5 minutes ago, wry said: Also, What a Ride!!!! I agree with you on that. I'm not sure if lot of people realize that we are the witness of something who almost never happen in a lifetime : something big enough to change totally how the world is working. The blockchain technology is just that. So many systems will be different because of it in the next years (financial, medical, robotics, ...)
efeygeegee15 Posted December 1, 2017 #7 Posted December 1, 2017 i hope at the end of this year it will drop so much then next year it will rise until no one can stop it. hahaha
Ugeller Posted December 7, 2017 #8 Posted December 7, 2017 Not a bubble. There is a reason for btc to be wanted, so you cannot say that it is a bubble just because the price is high
Djokovic Posted December 7, 2017 #9 Posted December 7, 2017 I want to tell you I've 2007/08 do not remember exactly, 300btc bought at a price of $ 3.50, and what happened I 200btc sold at a price of $ 200, I made and I thought it was a great success, but now the price is much higher !!! Thankfully I sold all I think it is not a bubble and that prices will reach a maximum of $ 100,000 and will leave it at that.
Kargai Posted December 7, 2017 Author #10 Posted December 7, 2017 2 hours ago, Djokovic said: I want to tell you I've 2007/08 do not remember exactly, 300btc bought at a price of $ 3.50, and what happened I 200btc sold at a price of $ 200, I made and I thought it was a great success, but now the price is much higher !!! Thankfully I sold all I think it is not a bubble and that prices will reach a maximum of $ 100,000 and will leave it at that. You're so good you bought BTC before BTC was even invented
Viksen Posted December 7, 2017 #11 Posted December 7, 2017 I think in future it will be one of world`s currency . but it need to be stabilized of course
neoooo Posted December 7, 2017 #12 Posted December 7, 2017 I can't believe that btc will down again to prices like 3k!, it is the coin of the future for sure, and it just need to stabilize at specific price which will lead to more invest and trust.
wry Posted December 8, 2017 #13 Posted December 8, 2017 The last seven days have been amazing, we've almost doubled from what was already an elevated level. This has caused me to do a lot more thinking and I think as long as we keep seeing bubble articles bitcoin will be okay. In the housing bubble everyone kept talking about how housing prices in the US had never gone down, they weren't spamming bubble, tulips, bubble, scam, ponzi, etc. like we see sanctimonious buffoons writing now. In percentage terms Bitcoin was actually up more in 2013 than it is in 2017, and after that we had three years of consolidation, so maybe this will provide a new price range for Bitcoin.
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