Cryptobubble - more bubbly than others?/ Krypto-Blase - noch "blasiger" als andere?
Dear Steemians,
the upper graph is quite concerning (no wonder, it´s from Merril Lynch), while the second pic shows a completely different view.
In reality both aren´t right. According to this article, the total dotcom marketcap when it finally burst around 1999, was $2.948 trillion $. Compared to this, the total crypto marketcap with its currently 540 billion $ is not 3,5 but 18% of it, but still no reason to worry!
Liebe Steemianer,
das obere Bild ist ziemlich bedenklich (kein Wunder, ist von Merril Lynch), während das untere ein komplett anderes Szanario zeigt. In Wahrheit liegen beide falsch. Laut dieses Artikels war die Marktkapitalisierung der sog. "Dotcom"-Aktien bei knapp 3 Billionen Dollar. Verglichen mit den derzeitigen 540 Mrd.$ der Crypto-Marktkapitalisierung sind das nicht 3,5, sondern 18%, aber noch kein Grund zur Besorgnis.
pics:
http://www.talkmarkets.com/content/us-markets/why-bitcoin-will-crash-law-of-conservation-of-energy?post=148405
https://twitter.com/i/web/status/939653247035494400
Bitcoin is not a damn bubble at the current time. People love to look at the chart, look at the % increase over time, compare it to the tech bubble, but all 3 of these things are very misleading. Whatever, people can scream bubble all they want, and when the BTC price continues to rise this year and for years to come, they can look back and say "wtf where was the pop" as they sit on the sidelines and miss these opportunities. I would go into GREAT detail as to why these "bubble" people are completely wrong, but I don't really feel like putting in the hours of time to do it justice, especially since most people screaming "bubble" won't listen anyways.
Their loss...
I am wondering what @cleverbot thinks about this!
What about him?
Will the bubble burst or is there no bubble at all?
Clever-bot, there's bot.
CoinMarketCap will hit a trillion before the year ends in my observation.
Agree, seems very likely.
yep!