On this episode of Steemistry: Is Bitcoin in a Bubble?
Although this episode was filmed last week, the topic that we discussed is very much relevant today. With bitcoin soaring to $2,500 and beyond (last week, it was hitting the $2,000 psychological level), the natural question on everyone's mind is -- is bitcoin in a bubble?
@markpluto and I talk about the emotional dynamics involved in the cryptocurrency market, as well as the conflict of interest of having the mainstream business media pontificate on bitcoin, ethereum, and other cryptos, when in fact they know next to nothing about this digital revolution.
Join us on Steemistry for this frank and ongoing discussion! The best part is that Steemistry is completely unscripted -- even I don't know what @markpluto is going to say before he says it!
For part two, go here -- https://steemit.com/bitcoin/@bullishmoney/bitcoin-and-the-cryptocurrency-markets-are-all-about-mindset
Thanks for Watching!
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I'm a financial analyst and a contributor at InvestorPlace and Crush The Street. One of my personal and professional goals is to make Steemit my primary hub for investment ideas and human interest pieces. Together, we can create a platform that truly works for the best interest of the people!
InvestorPlace profile -- http://investorplace.com/author/joshenomoto/#.WSNWddy1uM8
Crush The Street profile -- https://crushthestreet.com/about-joshua-enomoto
Very interesting, thanks for posting - Voted and following!
Thank you so much! We've got some more material coming up! :)
Great! Today in our Panama Bitcoin Meet Up some participants were talking about this, because of the price of bitcoin. However, I noticed these guys were speaking with a great knowledge in trading, but, fewer knowledge in the concept of cryptocurrency and protocol as itself. The truth, is that bitcoin has increased a lot in less than a month and "connoisseurs" think this is a bubble. Thank you guys for sharing.
You're so right -- bitcoin has entered into an integration phase, as I argue in my Crush The Street article -- https://crushthestreet.com/articles/breaking-news/bitcoin-early-stages-bull-trap . Far from a bubble, bitcoin is entering an era of wider awareness and acceptance.
awesome vid!:)
Thank you!
Fake news baby! I love how that backfired on them, and still does every single day. They thought they were going to discredit the internet, but the internet is discrediting them! :)
Thanks guys. Subscribing!
It won't seem so fake to them when the paper equity markets roll over from all the wild and unjustified speculation! :)