ALERT Bubble BITCOIN [WARNING]
Greetings first of all the title seems exaggerated but it is based on a series of historical processes based on social behavior, markets and the irrationality of human behavior and a phenomenon called Black Swan that occurs when we least believe it. Inflationary bubbles have been occurring for a long time but the first documented as such occurred in the 1600s in the flourishing Holland when a tulip arrived at astronomical prices with cases where people left everything they had from home or business for a tulip.
Precisely our society works in many with the domino effect of a nervous purchase, a rumor or a desperate action to make money fast can trigger crises or create speculative bubbles that only a few take advantage of and where many lose creating a psychological void in a group of " Investors "who do not really know what happened and how they lost everything.
The price of Bitcoin today above 2 thousand dollars begins to create a series of "experts" who do not know how crypto-currency and the underlying technology called BlockChain, see the opportunity to get rich with money from Others speculating on the real value of Bitcoin. It is important to note that the economic world Bitcoin has gained relevance because it is a reliable, secure and decentralized alternative to buy, sell and save. In countries like Venezuela where it is being marked by regimes that want to control the whole life of citizens bitcoin has become a good form of financial freedom. Banks, being unable to control these new technologies, want to be part of the capital market that moves the crypto-currencies that oscillates in 60 trillion dollars.
In the midst of this new economic jungle called Blockchain ecosystem led by the Bitcoin, which is the mako shark and the alternative crypto-currencies such as litecoin, ripple, ethereum among others that base their growth on the technologies that develop and create market around them . In the middle of all this scenario is seen entering the scene the speculators able to create bubbles of welfare and price unimaginable this means that when they start to quote the Bitcoin between 50 thousand dollars and more, it is conservative and starts to sell since another bubble can Explode and we do not want you to cry saying I changed my house for a Bitcoin.
In the next installments the first example of speculative bubbles.
By Odic3o
References
Http://www.altonivel.com.mx/41422-6-burbujas-financieras-que-el-mundo-no-olvida/
The first rule of bubbles is "you don't talk about bubbles". Just being funny but my short time on this planet is I learned 99% of people don't want to hear about a bubble like during the real estate bubble most believed it will go up forever.
Jajajaja, rules logic has no rules, and less when talking about trust or feelings....
The exception of the rule makes the rule, the so-called black swans