People are excited for it, that's good but the thing is interesting would be to see how they react if we have a bubble burst.
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People are excited for it, that's good but the thing is interesting would be to see how they react if we have a bubble burst.
it can't be called a bubble if you didn't pay money for crypto but rather gained it ala Steemit
FYI it can still be called a bubble, if the valuation of a particular asset is solely dependent on demand.
it is ALWAYS dependent on demand.
Even on steemit you are not gaining it for free. You are not winning it in lottery. You are putting effor in your writing and then you become able to generate some cash. Again it is given you on market value, so I think we can still call it a bubble.
In order to win in a lottery, you still pay for a ticket. You don't pay anything for posting on Steemit.
Yes that's true so what you would say if someone is earing over the vlogs what he/she uploads on youtube?
double pay with no cost? XD
There is no "bubble" in tech adoption. There is only users and non-users. If it's a good technology, most people will use it. Look at the growth rate of cell phones, or microwaves, or cars... all S curves tapering off as more people use them. Eventually everyone will be using crypto, just as everyone will be using cell phones.