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RE: Bitcoin a bubble? Here is a way more important bubble for you

in #bitcoin7 years ago

While we agree the dollar is a flimsy dirty method of taxation by governments (via inflation), the comparison to bitcoin MAY not excuse bitcoin from being a bubble. Bubble really just means the trading valuation exceeds the underlying fundamental value by quite a bit. While we think bitcoin may meet that criteria, it doesn't mean there isn't money to be made from trading in it or other cryptos-- just means it might be nice to know you're flying on 'Bubble Airlines'-- buyer beware!
We agree with you that most people using the b-word are writing nonsense in a method of fear-uncertainty-doubt.

All this said, check out a catalyst we've identified for a foreign coin which may rise (continue to rise) in value in the coming months (seconds?)...
https://steemit.com/cryptocurrency/@harpooninvestor/bitlicense-new-york-state-s-typical-business-as-usual-crony-capitalism-ripple-xem-nem