Finance bubble

in #cryptocurrency7 years ago (edited)

I'm so glad to use my knowledge from University.
Ok, what is going on? - Nothing, nothing new.

In the course of advances finances, we had the lecture about finance bubbles, and the conclusion was that every bubble is working by single scheme:
main-qimg-ab0ac83a04a4cd48c78fff0985434e0b.png

It is a very honest description of any product in any field.
And what is BTC situation now?:
Bitcoin_(BTC)_$9420.64_(-15.97%)___CoinMarketCap_-_Google_Chrome_2017-11-30_16.31.55.png

Some similarity? Yeah, I think so.
Warm up:
Cryptocurrency is really financing miracle (for compare we had such miracle in 1995-2000 with dot-com structures),
like 20 years ago people decide that everyone can earn money from nothing - but this is impossible (sad but true).

P.S. I'm so excited about McAfee ultimate nightshow))

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down we go, almost below $9300 already.

the same situation with all other coins

Hmmm looks like it but we shall see. I still beleive 12k before the year ends or atleast hold at 10k

Yeah, wait till bull trap