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Title: Is Cryptocurrency ‘The Mother of all Bubbles’? This Visualization Perspective Post by: Blackforce on August 02, 2018, 09:37:55 AM Is Cryptocurrency ‘The Mother of all Bubbles’? This Visualization Puts Things in Perspective.
The sheer magnitude of how much money there is in the world can be quite staggering—and hard to understand. What if you could visualize every market in the world as a bubble? Credit: https://t.me/whatsoncrypto https://whatsoncrypto.com/wp-content/uploads/2018/08/Visualization-Buggest-economic-bubble-2.jpg Title: Re: Is Cryptocurrency ‘The Mother of all Bubbles’? This Visualization Perspective Post by: dothebeats on August 02, 2018, 10:17:16 AM To be able to land on the spot of 'MOAB' I think it should surpass even the market capitalization of gold, which obviously didn't and not even half of it was filled by bitcoin. This isn't surprising, considering that only a handful of institutional investors' eyes are laid on bitcoin as of late. I don't see how bitcoin can be considered a lucrative bubble compared to the ones on the list, or maybe people just want to sensationalize it and make it look 'bad' from the eyes of the public. Either way, it's far from being the mother of all bubbles; it had its fair share of magnificent runs but that's pretty much it, a rising asset class with a recognition from the worlds' financial magnates and leaders.
Title: Re: Is Cryptocurrency ‘The Mother of all Bubbles’? This Visualization Perspective Post by: nasibaha20012 on August 02, 2018, 10:51:24 AM To be able to land on the spot of 'MOAB' I think it should surpass even the market capitalization of gold, which obviously didn't and not even half of it was filled by bitcoin. This isn't surprising, considering that only a handful of institutional investors' eyes are laid on bitcoin as of late. I don't see how bitcoin can be considered a lucrative bubble compared to the ones on the list, or maybe people just want to sensationalize it and make it look 'bad' from the eyes of the public. Either way, it's far from being the mother of all bubbles; it had its fair share of magnificent runs but that's pretty much it, a rising asset class with a recognition from the worlds' financial magnates and leaders. You are most probably, at least, 90% close when you mentioned, quote, "or maybe people just want to sensationalize it and make it look 'bad' from the eyes of the public.". This shit is going on around. But hey, u know what, bitcoin alone itself was kicked from front, back, left and right. Still stands. As per me, this infographic is telling us that, "hey you idiots, crypto is not in bubble and stop calling it so". Look at the gold man. We are far far faaaaaaaaar away from it. How many percents? 26340.67%? This much to reach Gold. And yet, the gold market cap began rising after features where most and majority money entered. The creator of this infographic also visualized Gold and Crypto measure as per ETF. Check it out too. https://bitcointalk.org/index.php?topic=4709761.0;all (https://bitcointalk.org/index.php?topic=4709761.0;all) Anyway, loooong way to go, but let's not call crypto bubble yet. Title: Re: Is Cryptocurrency ‘The Mother of all Bubbles’? This Visualization Perspective Post by: davis196 on August 02, 2018, 12:18:30 PM The derivative,real estate,stock and gold markets are tied to the global money supply.
If the money supply increases,those bubbles will keep growing,if it decreases(which is highly unlikely to happen) those bubbles will be under control.Many people don't believe that gold and real state are bubbles.They think that those assets have a stable value,because they are sustainable agaisnt inflation. Crypto still has a big potential. |
