Aaaaand It's There: Bitcoin Trading At $13,188
Not much to be said about that, other than the fact that we're living historical times.
Wether or not this is a bubble, wether or not this is the preamble of a military conflict between North Korea and the rest of the world, wether or not this is just massive, massive speculation, we are in the middle of something big.
The only time that can have some sort of resemblance to what we're experiencing now is the dot com boom. I remember that one of the fist engineers who worked at Netscape (which was kind of a big deal back then) told in an interview that things were moving so fast that they were "forced" to buy companies instead of developing features. It was cheaper to buy a software studio that had a small library developed, that to build it themselves. Sometimes the decision to buy a company was made during the lunch break, after just a few dozens of minutes of talking. That's how easy was access to money.
We're in something very similar, only this time we have 2 layers on top of it:
- decentralization - everybody can participate in this game, not only VCs
- privacy - you can do it without other people knowing that you're doing it
These two new variables are enough to throw this on a parabolic orbit.
I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua.
https://steemit.com/~witnesses
If you're new to Steemit, you may find these articles relevant (that's also part of my witness activity to support new members of the platform):
I was a Stock Broker for 26 years and I remember The Dot Com Bubble. In fact I remember many people quitting their jobs to become Day Traders. Don't quit your day job.........
Yes!
Never quit your job, unless you secure your wallets with best possible mechanism, another bitcoin wallet hacked today for nicehash.
Oh I was hoping to quit and just mine coins. Oh well better keep on steeming ;)
Did 0,1% of the world population own an average of 100$ worth of stocks back then? Because thats how few, and how little Bitcoin the average wallet contains :)
That's an interesting statistic. Do you have a source for it? Just curious...
Best advice I've seen on Steemit yet. What about day trading at your job?
Bubble or not people seem to be making money during this influx. great info
to the MOON!
To outer space
If I were a coffee drinker I would check if someone put something in it because it feels like I'm on something :))
I know exactly what you mean...
Yep, Bitcoin is leading the crypto pack again to new heights!
good policies
I wonder how sausage man is feeling right now?
better?
Official press release statement by NiceHash
Estimated: $60MM
Ouch!
How privacy is maintained here, it is the best example of bitcoin bubble not to explode so easily.
steem.supply is having some bugs where it keeps adding rewards even past claim date. Just a heads up