against some of them by the SEC and founders potentially ending up in jail could be the catalyst. Its like youve got a fuel pump at a pump station, where the pump is stuck and the fuel is spilling out all over the street. However, cases like Ripple make it difficult as I think every bit of the pre-mined supply here should count towards market capitalization as it can be sold any time. 1 of Gold value translates to approximately 3,500 per ultimately mined bitcoin. Message your issues to the modmail or in r/CryptoCurrencyMeta instead. Depending on feedback Ill be writing more of these so please let me know what you think either in comments or direct message! Bitcoin climbed more than.7 percent Thursday to a record of 4,802.74, up nearly five times in price this year and about 67 percent higher for August, latest forex news and trends according to CoinDesk. Legendary investors and Nobel Prize winning economists such as Warren Buffett, Ray Dalio, Jamie Dimon, Robert Shiller and Joseph Stiglitz have all declared that cryptocurrencies are a bubble.
Bitcoin is smaller than the dotcom bubble by 22x. Dot-Com, bubble: You Are Here. Bitcoin has undoubtedly shown a capability to store (and grow) value, so this is an interesting comparison. When charted, bitcoin s rapid gains resemble how stocks surged into the tech bubble before collapsing.
They dont have a lot of money for retirement. Thats like a credit card on steroids, a second mortgage. Communicate With The Mod Team Report rules violations. Do not waste people's time. Again, several assumptions are necessary.
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