Wake up cause I'm having a nightmare.

Aren't you tired of opening 100 threads on how bad,evil,unusable,slow etc bitcoin is ?
We get it, you want BTC to collapse because you were stupid, you didn't buy at 250$ and now you're angry at everyone making money.
But the solution is not spreading FUD around here, you have no influence.
Seek medical attention, it will solve a lot more of your problems.

Why are you starting all these threads stating, that BTC is scam, doomed and it will fail? Why are you so interested in posting it?  Don't like it, just leave.

Anyway, the bitcoin as we know has become self sustained currency now

The prices are pretty stable at this point

You know there was a story in my local news about the price of bread at stores (it's high)
Also a few about the minimum wage needing to be increased.

Point is inflation.. which came from the 2008 world wide recession.
A recession that had grave consequences for many.. it collapsed the economy of smaller countries.
It made tons of people homeless and poor. and all of us ever since has been hammered with inflation.

Why ?
A lack of Regulations + Greed.

They chanted NO LAWS !
Greenspan said they would not let the system collapse (again)
He was fucking wrong.
They did.
They did because it was PROFITABLE.

One guy i seen on CNN said it was easy his firm made over a billion dollars over night.. and much more.

You bet your damn ass there is a bubble.
And i know people who got burned on the one we had in crypto in 2013 too.
But this place is full of happy greedy willing participants they will not be bothered by the turd in the punch bowl chanting DOOM.

I am not amused when i have to pay pretty much double for everything in society when financial pundits warned ever since '08 the fix Greenspan and then Bernanke put in place was nothing but a band-aid.. a larger crash is possibly coming and no a broken and fucked up inflated Bitcoin will NOT be taking over if the dollar collapses.
It can't.. it's broken.

GREED RULES and you all love it and chant NO REGULATIONS like pigs.
Problem is the consequences flow around the globe for all to deal with.
Yes a bubble is a bad thing guys.. not something to celebrate.
It's warning.

You all are mostly noobs with no experience or grasp of the context of traditional economies or crypto.
You are blind and dumb and lambs led to the slaughter ..that carrot on the stick will lead you right off the fucking cliff.
Seriously how the bloody hell are the worlds biggest and most popular companies with a tiny fraction of a scam coin called Ethereum let alone fucking Bitcoin at 8 grand ?
Do you all fathom how utterly retarded that is ?
"Investment" ? I'd sooner invest in Alphabet inc (Google) or Microsoft etc than this inflated idiotic bullshit.

For fuck sake's Microsoft's stock price is worth $83
And Bitcoin is worth $8,000.00 ?
Are you idiots fucking high or what ?
Bitcoin is broken and unregulated.
Like in '08 there will be no bail outs when you get burned investards.

..how quickly people forget

EDIT:
By the way, Hitler got elected because the US's economy crashed.
He tried unsuccessfully for close to a decade to get elected before that and failed.
When times were good no one wanted his brand of Trump'esque soap box anger.
As soon as the depression the US bankers created crossed the sea it was game on !
You reap what you sow.

Bitcoin's capitalization reached $ 100 million at the time I started investing. It's a lot bigger now. But it's pretty modest. Much of the capital is poured into it

Looks like there are a lot of fools out there.  Just checked on coinmarketcap.com and it seems that 92 out of the top 100 crypto coins and tokens are raising in price. It looks like a mass phenomenon.

This is scary because there is no differentiation made between coins. This bubbling of the whole market is bad for bitcoin and will lead to a massive profit taking sell-off.

Did the OP create his account just to hate on bitcoin, then his on the wrong forum. His posts are just full of hate and self-righteousness. If you really understand how being decentralized made bitcoin survive and become successful, then you wouldn't make such stupid arguments.

You're reading the chart wrong.

1) You used inflation adjusted prices which utterly inflates the recovery time and actually shows how much fiat -- not stocks -- lost in value during your given timeframes. Ignoring inflation you get a recovery times from 1929 - 1954 and 1965 - 1972. Not nearly as dramatic as you make it seem. And the first timeframe included a world war.

2) You're ignoring dividends. Crypto doesn't have them, but you can't assess stock prices without looking at dividends as well. Accounting for dividends aforementioned recovery times shorten even more.

gg

In the modern day, most money is created by retail banks when they give out loans.  This is confirmed by England's central bank (the Bank of England) in their statement on the topic here. 

It really doesn't matter. Bitcoin is a kind of Crypto currency and altcoin is another type of a cryptocurrency. But BITCOIN IS NOT AN ALTCOIN because there's a huge difference.

Bitcoin is really like heroin