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Author Topic: Rename BubbleCoin to TsunamiCoin  (Read 596 times)
cbeast
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December 19, 2013, 05:22:26 PM
 #1

They are not bubbles. They are tsunamis. The first sign of a tsunami is all the water pulling away.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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cbeast
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Let's talk governance, lipstick, and pigs.


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December 19, 2013, 05:38:48 PM
 #2

Each wave gets bigger and bigger. I want to believe that it will stabilize, but that probably won't happen until we reach near 100% global saturation in every financial sector. Each major business, nation, asset class, market, etc. that adopts Bitcoin will create speculative waves. They will grow and grow until we see bubbles in the 4,5,6,and maybe 7 figure or higher range.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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