CRYPTO IS A BUBBLE ??steemCreated with Sketch.

in #bitcoin6 years ago (edited)

_20180714_083613.JPGCryptocurrents Long ago, many of us saw a technique that was destined for greatness. Those who are old to remember the early days of the Internet, remember all the speculation behind them, the negative press, the highly optimistic and the crash of the dot com bubble "crossing".

The way they work, they were very painful for many speculative investors. In the early years of the Internet, it was very easy to be a valuable company in millions. All you had to do was create a dot com, become public, and put money. In those early days millions of dollars worth of valuable companies had nothing more than an idea, sometimes it did not come out completely. This does not make any difference to the investors, because they believed that the stock would never crash.

The highly enthusiastic inexperienced investors sold their homes, left their jobs, and put every single penny in whatever we know, which was one of the biggest financial bubbles of our times. Of course we know how all this is played, and we are aware of millions of dollars disappearing in thin air all night long.

what happened? You can ask - it's really simple to interpret. The enthusiasm for dot com was in no way linked to the realities of their value propositions. This meant that when investors would buy in a dot com, they did so because they were hoping for cash sooner rather than due to any belief in a company or product.

Finally, the new money dried up, the big players tampered, and everyone caught the bag caught in the crossfire. These recent events should work as a major lesson for new investors especially in this new cryptocurrency market.

Not all dot com companies disappeared

It is almost not necessary to indicate, but if one is confused about the incidents after the accident. In fact, some companies, such as Amazon and eBay, are not millions of dollars, today billions of dollars are not big before the accident. If we want to be honest with ourselves, there will be a very similar situation in the world of cryptocrasis, and we will not be fools to learn from history._20180714_083626.JPG
This graph shows the market cap valuation of Bitcoine in December, when we were all part of this ecosystem, that the number would never be crashed. Of course, today's cryptokuris' market cap is very low, which makes my point even stronger.
_20180714_083640.JPG
As we can see clearly, the accident was actually a way of market by shaking all the projects that did not give any real value to the technology sector at that time. There was a bubble that all dot com crashed at zero. The technology stopped, real companies survived and today we are participating in an economy which depends heavily on the technology that started in those days.

Cryptocurrencies will follow

It can not be exactly the same, but it will definitely be very similar. Today we have a young market full of speculation, in which there are many investors who are not at least related to research or technology. To say the least, the idea of ​​many people is unrealistic.

Those investors who do not like to learn from the past, will hardly bear the same fate. They will buy speculative postures that offer very little for real value, wait 10x before selling. Most will fail. It may look harsh, but honesty is a good token for business.

I believe in the actual cryptools, especially steam

For me it comes to the use of a product or service. In simple words, if nobody is using anything, it does not matter what my thoughts on a particular product can be. The basic concept of supply and demand at its core is only one which I am really worried about
This verifiable information not only gives me peace of mind but also tells me that all those participating in the Stem ecosystem are taking advantage of even the bear markets.

There are people who believe that Bitcoin will not do it himself, it is argued that it is sure to be replaced by another top player. This may be the case, but I honestly doubt that those predictions will ever come true. The more likely it is that bitcoin will continue to be the new gold of the markets, which will leave other currencies to fight for the title of "Best Currency" in the world.

It's time to reconsider why we are here first

For each of us to really work harder in the mirror and ask yourself if we really understand what is happening in the world. The reason is that the blockchain technology ensures our financial system in the near future. If we are participating indiscriminately in the markets, then we are not going to understand the price proposals, we want to ensure the mistakes that have happened in the dot com days.

So I invite you to my friends, not to do business at this time, to guess, but to educate themselves on technology and be prepared for the future which is just around the block.
Thanx

 Be happy
 Stay healthy
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Wow thats a nice post..lets mke mgsc community big help each other folw and upvte

I am agree with this cryptocurrency is a bubble which can be burst when it receives any negative interferance

i don't think crypto is bubble..
this is endless journey..

Crypto is not a bubble its a pin.

Crypto is never a bubble.

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