Look like the crypto will be today what the stock market was 90s

[cryptoboss2020]

Look like the crypto will be what the stock market was on the 90s
From here 10x up its not even question anymore.

Main reason are high liqutity and cheap money from Central Banks.

And sure more money will go in crypto from stock market becouse covid 19 due the pandemic transportation business fully not return back.

But money is liqut asset the water its Going where there is empty place.

The empty place are Low Cap coins many of them will have great returns.


All of this to be said  the crypto are like the stock market was on the 90s.

[1714506035]

1714506035

[1714506035]

1714506035

[1714506035]

1714506035

[carter34]

I'm not sure if cryptocurrency will be compared to stock market or taking to have a place as stock market but crypto itself is creating its own space and those low cap coins you talking about are to be invested hugely on. They are what will bring more volume to cryptocurrency and the market cap will increase more.

[Tushar Ramani]

Your points are valid and make sense. However, I don't think that 20k BTC price should be the default price. There will be corrections for sure. But similar to the stock market, we can call it a fall. But at this stage, I think I can agree with you somehow.

[Coin_trader]

Your point is a but ambitious though, Institutional trader gives the majority of liquidity for stock market and they will never abandon stock market due to some security reason. Investing in crypto is very risky due to volatility and I believe that they will not accept that risk just because the stock market is currently down. It will be more disaster if they were loss in crypto just like what other VC experienced.

[Broly46]

Contradict to your belief,
It’s the stock market looking like the crypto in the 2009s, the stock market is a Dead On Arrival attempt trying to fix a fundamental problem the social and economic problem, the end result of this failure is turning many people into political and economical output at the expense of growth from poverty, many taxpayers has nothing to give, they’re all broken because the stock market has failed to generate any true wealth.

[michellee]

I think it is already happening while at the pandemic, but we do not know how they get inside the crypto world. People who use the stock market can quickly move their funds to the crypto market because doing that now is not as difficult as 5 years ago. But they need to know that investing in the crypto is not the same as the stock market because the crypto market will be too volatile compare to the stock market. If there are big funds to enter the crypto market, we can see a good time for the crypto to grow more than before.

[passwordnow]

And most of the market cap from low cap coin will eventually go to bitcoin. Investors become wise in this trend and don't wanna miss every single opportunity from the train we have for bitcoin. As you compare that we're like in 90s of stock market. I've also read some comparison for the great gold rush which is also similar 5 decades ago or so. Which is turning everyone into this great digital gold rush which is gaining itself becoming common due to the necessity that we have through internet.

[The Sceptical Chymist]

Look like the crypto will be what the stock market was on the 90s
From here 10x up its not even question anymore.

Here's a prime example of why people aren't kneeling down before you when they read your posts, OP. 

Yes, bitcoin is seemingly in a bull market right now (though it hasn't been that way for long).  The bull market in stocks in the 90s went on for years.  Did you read that correctly: years.  Furthermore, bitcoin is an entirely different beast than stocks are.  It's much newer and far more speculative than any internet stock listed on at least the NASDAQ in the 1990s, because even the risky stocks back then had a business behind them.

I would also contest your statement that it's a given that bitcoin is going to rise 10x (no time period given, btw).  Nothing in cryptocurrency is a given; you might check the 10 year price chart for bitcoin if my words don't convince you.

[cryptoboss2020]

Look like the crypto will be what the stock market was on the 90s
From here 10x up its not even question anymore.

Here's a prime example of why people aren't kneeling down before you when they read your posts, OP. 

Yes, bitcoin is seemingly in a bull market right now (though it hasn't been that way for long).  The bull market in stocks in the 90s went on for years.  Did you read that correctly: years.  Furthermore, bitcoin is an entirely different beast than stocks are.  It's much newer and far more speculative than any internet stock listed on at least the NASDAQ in the 1990s, because even the risky stocks back then had a business behind them.

I would also contest your statement that it's a given that bitcoin is going to rise 10x (no time period given, btw).  Nothing in cryptocurrency is a given; you might check the 10 year price chart for bitcoin if my words don't convince you.

Im not here to convince you
Im here to speak about Logical reasons

[exstasie]

Given the underlying fundamentals, I prefer the analogy to the gold market in the 70s:

Paul Tudor Jones Buys Bitcoin With Reminder of Gold in 1970s

Citibank analyst calls Bitcoin "21st Century Gold"

If we're talking strictly in terms of technicals, then sure the stock market analogy still applies. I do believe we've got a BTC bubble on our hands, heading into 2021.

From here 10x up its not even question anymore.

This type of sentiment (which is very prevalent among both traders and the general community right now) makes me think a very severe mid-term shakeout is still possible from here. When everyone is thinking the same thing, the opposite usually happens.

[Silberman]

And most of the market cap from low cap coin will eventually go to bitcoin. Investors become wise in this trend and don't wanna miss every single opportunity from the train we have for bitcoin. As you compare that we're like in 90s of stock market. I've also read some comparison for the great gold rush which is also similar 5 decades ago or so. Which is turning everyone into this great digital gold rush which is gaining itself becoming common due to the necessity that we have through internet.

This seems that it will be the case, right now we have thousands of coins in the market in a way similar to what happened to the dot com bubble and all the useless companies that appeared at the time, however out of that bubble some of the giants of today appeared and the same is going to happen to this market, while I still think in the future we are going to have thousands of coins I really think that 85% to 90% of the total market cap will be in bitcoin as regular people will see no reason to use altcoins at all except to speculate with them.

[DooMAD]

Look like the crypto will be what the stock market was on the 90s
From here 10x up its not even question anymore.

Here's a prime example of why people aren't kneeling down before you when they read your posts, OP. 

Yes, bitcoin is seemingly in a bull market right now (though it hasn't been that way for long).  The bull market in stocks in the 90s went on for years.  Did you read that correctly: years.  Furthermore, bitcoin is an entirely different beast than stocks are.  It's much newer and far more speculative than any internet stock listed on at least the NASDAQ in the 1990s, because even the risky stocks back then had a business behind them.

I would also contest your statement that it's a given that bitcoin is going to rise 10x (no time period given, btw).  Nothing in cryptocurrency is a given; you might check the 10 year price chart for bitcoin if my words don't convince you.

Im not here to convince you
Im here to speak about Logical reasons

Since when is it logical to make bold claims about future events when you can't be sure?  Say things like "it has the potential for a 10x increase".  Don't just announce it as a foregone conclusion unless you have a time machine you haven't told us about.

[cryptoboss2020]

Look like the crypto will be what the stock market was on the 90s
From here 10x up its not even question anymore.

Here's a prime example of why people aren't kneeling down before you when they read your posts, OP. 

Yes, bitcoin is seemingly in a bull market right now (though it hasn't been that way for long).  The bull market in stocks in the 90s went on for years.  Did you read that correctly: years.  Furthermore, bitcoin is an entirely different beast than stocks are.  It's much newer and far more speculative than any internet stock listed on at least the NASDAQ in the 1990s, because even the risky stocks back then had a business behind them.

I would also contest your statement that it's a given that bitcoin is going to rise 10x (no time period given, btw).  Nothing in cryptocurrency is a given; you might check the 10 year price chart for bitcoin if my words don't convince you.

Im not here to convince you
Im here to speak about Logical reasons

Since when is it logical to make bold claims about future events when you can't be sure?  Say things like "it has the potential for a 10x increase".  Don't just announce it as a foregone conclusion unless you have a time machine you haven't told us about.

Thats true nodoby knows
Im just saying logically

[fiulpro]

This is quite a reasonable statement considering how in the early 90's stocks were considered something out of the world for the old investors and therefore people who did involve with them were taken as fools. At the same time the irony was , more and more people were coming forward to invest in the same , I do believe this is the time with cryptocurrency now a days , people know about bitcoins , people need bitcoins , many of them , the success stories influence a lot of people to engage in it but at the same time the investors which are mainly focused on gold and real estate think about cryptocurrencies as something alien. They do believe it's not a right place to take part in. But I don't understand about your views regarding the cryptocurrencies going *10 times* up , I don't think this is going to happen at any cost. This is not reasonable since we have already succeed in maintaining such a good price but at the same time during pandemic this is the best bitcoins have to offer , we are soon approaching the holiday season and people will encash no doubt therefore 10 times is a far fetched dream that will happen in the future. But not right now for sure.

** Plus let's leave the claims for the speculation section and focus on the idea of similarities between crypto and stocks in the early days of acceptance, their struggle , the profits , the advertising and news , it's actually very interesting to compare though**

[laredo7mm]

Look like the crypto will be what the stock market was on the 90s
From here 10x up its not even question anymore.

Main reason are high liqutity and cheap money from Central Banks.

Though business didn't come back fully yet the stock market will remain in a trusted investment sector in the future.

And sure more money will go in crypto from stock market becouse covid 19 due the pandemic transportation business fully not return back.

But money is liqut asset the water its Going where there is empty place.

The empty place are Low Cap coins many of them will have great returns.


All of this to be said  the crypto are like the stock market was on the 90s.

People like quick profit which is achievable in the crypto market. Insane volatility means an insane amount of profits in the short term which the stock market can not offers. That's why young people like crypto more than stocks but old and experienced ones remain in stocks. steady growth with low risk is better than quick profit with high risk.

[passwordnow]

And most of the market cap from low cap coin will eventually go to bitcoin. Investors become wise in this trend and don't wanna miss every single opportunity from the train we have for bitcoin. As you compare that we're like in 90s of stock market. I've also read some comparison for the great gold rush which is also similar 5 decades ago or so. Which is turning everyone into this great digital gold rush which is gaining itself becoming common due to the necessity that we have through internet.

This seems that it will be the case, right now we have thousands of coins in the market in a way similar to what happened to the dot com bubble and all the useless companies that appeared at the time, however out of that bubble some of the giants of today appeared and the same is going to happen to this market, while I still think in the future we are going to have thousands of coins I really think that 85% to 90% of the total market cap will be in bitcoin as regular people will see no reason to use altcoins at all except to speculate with them.

That's for sure for bitcoin. The total market cap of bitcoin describes how huge it is and with those thousands of useless altcoins, bitcoin remains the best out of it.
The comparison would likely be bitcoin is gold and the rest of the altcoins market are just plain metal. While the top altcoins could considerably be the precious metals as well.

[el kaka22]

Which means it will probably be something a lot more dangerous in the end. The 90's stock market had a huge crash in early nougats, the big dotcom bubble where almost all big tech companies went under and bankrupted, some to never return, some that got away from that took years before it could actually make a comeback, hell it took amazon maybe a decade to be a decent company even though it was known.

Hence, I believe it is vitally important to realize that crypto will probably be something that will crash in the end, maybe not right away, maybe not today, but in few years there will be some cleansing period. The horrible and scammy ones will crash and be worth nothing, but that will allow ones like bitcoin and ethereum to worth A LOT more thanks to that.

[TheGreatPython]

Both have created their own paths and hey are doing really great in their paths that they have made. The reason why cryptocurrency is going really strong is because it’s still new and since it’s new, the market will be small compared to other assets or stocks that already been around for so many years, popular and has a huge market cap, so even when huge amount goes into them they don’t get much moved , unlike the cryptocurrencies that will make a move with every money that goes into them. So, they will be getting lots of attention from investors with their volatile prices.

[Fortify]

This doesn't make any sense as a comparison whatsoever. Bitcoin - the only crypto that is really popular at the moment - is a singular asset, like gold, and the stock market is massively plural. The general public can barely figure out how Bitcoin works and have even less interest in the many other weaker coins that are on offer. There are tens of thousands of companies out there and many different sectors. Within those stock market sectors are major established players all the way down to start-ups - these generally RETURN money to people as the companies make actual profits. As opposed to a cryptocurrency which doesn't actually produce anything and you simply rely on it holding its comparative value or hoping that the value goes up enough for you to make a profit.

[DrBeer]

Look like the crypto will be what the stock market was on the 90s
From here 10x up its not even question anymore.

Main reason are high liqutity and cheap money from Central Banks.

And sure more money will go in crypto from stock market becouse covid 19 due the pandemic transportation business fully not return back.

But money is liqut asset the water its Going where there is empty place.

The empty place are Low Cap coins many of them will have great returns.


All of this to be said  the crypto are like the stock market was on the 90s.

Now the picture is quite "comedic" - everyone suddenly became crypto experts, investors and players on stock exchanges. The accumulation of crypto assets has a wave history, and we have already seen how "happy investors in bitcoin" bought it in 2018 at 18000+, and then it fell to $ 3,000. Tell me - how do you like the results of the market for "active hamsters"? This will be repeated constantly, of course, under various "new market trends". The crypto market was, is, and in the coming years (decade) will remain speculative, which means its goal is to draw out as much of the same fiat or other assets from gullible and not entirely smart "players". Although I agree here - there is some intersection with the stock market - they also trade in dummies and fantasies