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Author Topic: Can someone explain how this alt coin bubble formed.. and why hasn't popped yet?  (Read 1235 times)
Flyhigh710
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June 23, 2017, 06:17:09 AM
 #21

We are not in a bubble (a bubble pops), we are in a boom (a boom has corrections) Smiley
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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June 23, 2017, 06:33:34 AM
 #22

I like how people learn a few financial terms and suddenly they think they also know what it really means and how markets work. Bubble here, bubble there. We get it. If you can't understand what is happening to the world, its corrupt financial system controlled by a few elitists and the markets with hyperinflation everywhere, and why decentralized currencies will dominate the future in 10 years, then you have no vision and no understanding. Then you shouldn't invest into this "bubble". Either get in early, wait or miss out. If you're too nervous and think everything is a bubble, don't invest.
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June 23, 2017, 06:52:45 AM
 #23

Look at the stock market and I feel much more comfortable with my crypto.
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June 23, 2017, 07:00:16 AM
 #24

When Bitcoin price rose, every news channel was advertising it. It caused huge surge of new users investing in altcoin, they bought everything they could find so they could make a quick buck. Some of them are pumped though

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June 23, 2017, 07:10:43 AM
 #25

You really want to know?

Go read about the Federal reserve and fractional reserve banking.

Then come back here and tell us all with a straight face that cryptocurrencies are in a bubble when the Federal reserve has at times printed the entire market cap of of Bitcoin in a month. And that's just one central bank globally.

This thread will read like people dissmissing the internet circa 1995 for having no mass appeal beyond a few geeks making home pages of them and their pets. Crypto may be in early growing pains and yes it's the Wild West with far more scams out weighing genuine projects with longevity but anyone who doesn't get this is the future of money shouldn't even post anymore cause they are embarrassing themselves. Some people on this forum will find themselves curated and quoted in media in the decades to come as examples in the similar vein to people saying the steam engine would never work because people won't be able to breathe beyond 30 miles per hour. Cringeworthy.
This. And it's disgusting how the Spartak_nts and Spoetniktards on here think they can bully investors away from gud alt coins back to fiat. These goons advices have so far cost posters on here a mortgage free life away from the banksters clutches. DONT LISTEN TO THESE FUCKWITS. Buy your alts and hodl.

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