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Author Topic: The market looking more and more like the Internet frenzy at the end of the 90s.  (Read 315 times)
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cryptocooper57
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October 04, 2018, 07:44:24 PM
 #21

The blockchain technology is very workable and efficient. It this current world bitcoin is a top ranking coin and it will survive at any cost if there was big crush it will be survive. The security is also high.
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October 04, 2018, 07:57:59 PM
 #22

This is very simple in business.There are thousands of company, every company cannot make profit. At the last all the company doesn't exist anymore. Bitcoin is the boss of crypto world. It is domination crypto world from its launch.
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October 04, 2018, 08:21:00 PM
 #23

It is simple according to market principles.If we establish thousands of company, all will not exist at the last. demand ,supply, utilisation all are depending with market condition.The company can dominate to the last, exist longer. Bitcoin is the first introduced crypto. it is dominating from its birth.
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October 04, 2018, 08:48:33 PM
 #24

There are huge reason for what Bitcoin is dominating the present crypto world. Among them, it is the first crypto that started new economics. It has got huge popularity among newbies as well as to investor.
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October 04, 2018, 09:16:42 PM
 #25

We are in an era of digitakized world. Every aspect is changing into digitalized format the monetary system is also changing the stash of national wealth and storiing is now based on gold stash that is urged to change in cryptocurrency. Or in bitcoin.
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October 04, 2018, 09:26:36 PM
 #26

The bitcoin marketcap affects the entire market of the crypto but ethereum is the second most strong crypto in the market. They are iventually both assets of crpto world but there are some differences in them . Bitcoin is coin of crypto like currency and etherum is more like tokens or in other words contracts.
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October 04, 2018, 09:36:34 PM
 #27

Yes you are right. I completely agree with you if we talk about huge internet crashes so .com crash is one of the biggest till them many of the companies just vanished in the crash it was like a disatar in the internet but very few just survived like amazon if some crash like that happens in crypto market the only syrvivir will be the bitcoin.
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October 04, 2018, 10:00:52 PM
 #28

This year was almost a nightmare to the community. Well for some other people this year brought them fortune. Specially for the altcoin users. Many altcoin flourished during this year.
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October 05, 2018, 12:14:09 AM
 #29

Hi folks,

Some amazing similarities. We know how many dot.com companies have been successful but also the big number of them crashing during the dot-com bubble.
The best and most famous example of success is Amazon.

Bitcoin could be the Amazon of the crypto market, while the spectacular crash of Ethereum and many other altcoins is very similar to the very numerous dot-com companies that tried to enter the market but failed to grow in the short or middle term.

Exciting times, or depressing times, depending on which coin you are betting on. 2018 definitely a crucial year for cryptocurrencies.

All constructive opinions welcome.

Of course! The capabilities of Bitcoin and the Blockchain technology are extremely promising for possible future developments.

Just like internet this two aspects could finitely change the way we live and greatly improve the inter connectivity of society. It could really achieve a lot more than you and me could expect, since it's possibilities seem to have a really high roof - Even right now.

And just like when internet started. Very few people ever considered it could become what it is today with this huge amount of mass adoption.
reactorjuno (OP)
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October 05, 2018, 08:59:21 AM
 #30

Hi folks,

Some amazing similarities. We know how many dot.com companies have been successful but also the big number of them crashing during the dot-com bubble.
The best and most famous example of success is Amazon.

Bitcoin could be the Amazon of the crypto market, while the spectacular crash of Ethereum and many other altcoins is very similar to the very numerous dot-com companies that tried to enter the market but failed to grow in the short or middle term.

Exciting times, or depressing times, depending on which coin you are betting on. 2018 definitely a crucial year for cryptocurrencies.

All constructive opinions welcome.

Of course! The capabilities of Bitcoin and the Blockchain technology are extremely promising for possible future developments.

Just like internet this two aspects could finitely change the way we live and greatly improve the inter connectivity of society. It could really achieve a lot more than you and me could expect, since it's possibilities seem to have a really high roof - Even right now.

And just like when internet started. Very few people ever considered it could become what it is today with this huge amount of mass adoption.
Always important to make the distinction between blockchain and Bitcoin or other coins.
The blockchain technology will obviously change the world, banks are already implementing solution to save money on staff, and long process, and make transactions easier, smoother and faster.

Bitcoin on the other hand, I am still optimistic but also still struggle to imagine what exact place it will have in our world, other than a digital gold.
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