Have you ever seen those movies where the weather goes crazy and wipes out most of the planet? That is what will happen if bitcoin bursts. Actually worse. The bitcoin bubble is an actual digital bubble that holds all the data of the blockchain and if it bursts, the data will spread through the internet causing crashes on a wide scale. If it was just bitcoin we might be okay but since the other coins are pegged to it and will pop with it, we will see fog, hurricanes and thunder storms that even the biggest blockbuster could not match.
But we will start with the bitcoin bubble. There is a lot of data that is held in that bubble. Every transaction is saved. When it bursts it will surge onto the internet and spread to every site. This will crash everything. All you will see is a bunch of tiny Bs on your screen, the symbol for bitcoin. Then your computer will heat up and explode. Planes will fall from the sky and since cars have GPS and computers on them, they will blow up as well. That is just the start.
Then the steem bubble will burst. Now steem is called steem as it is literally steem that is used to get the systems to work. It is held in a very large bubble and the steem is extremely concentrated. When it is realizes, the fog will cover the entire planet and make it impossible to see 5 feet in front of you. This will make it very difficult to survive from the other burts that will follow.
Waves and Ripple will cause hurricanes. Litecoin is made up of lightening and you will see bolts light up the sky. When Tether bursts, vines will come out of the ground and hold us in place. The only good thing is potcoin will hotbox the planet so at least we can all get high.
This is one scenario that might happen. The other is the market goes down, people buy low and it goes back up again. It is probably the second one, but hey, you never know
*my upvotes/rep disclaimer: https://steemit.com/steemit/@whatageek/my-steemit-account-where-i-stand-on-bots-self-votes-and-multiple-account
I really don't think we're in a bubble. I honestly think it's wide adoption and organic growth in the crypto community spurred by the recent price rise.
I think we will be fine too, but people will not stop talking about it.
Oh, I know. The people who keep saying it's a bubble or it's crashing right now haven't been around long. I remember buying Bitcoin for 10$ to get some Ganja from the silkroad, I wish I would've just kept some lol
Oh I'm sure you're not the only one. Think of the people that lost there passwords with thousands of coins on them.
Oh for sure, I could only imagine..
What a wild ride you just took me on. Great post!
:)
I am afraid now :(
Don't worry, there is an earthcoin so if it bursts we have another planet to live on.
Wow, wow - seems like a scenario for a movie in next 1-2 years ...
I need to copyright it.
But... what if Titcoin bursts??? Do we get milk rain?
There is a titcoin? I was going to make a shticoin joke.
Yes there is! https://www.cryptocompare.com/coins/tit/overview
Seems like a pretty awesome investment!
I don't know it, it has a good chance to bust... get it, bust.
lol... I hope we can still get a nice feel of it before it does bust ;)
And then we would just have to invest in something like analcoin? https://www.cryptocompare.com/coins/anal/overview
Although that does seem pretty shitty
Remind me to split this payout with you in 7 days
https://steemit.com/funny/@whatageek/okay-i-have-to-share-my-cheesy-joke-with-you
Yeah that one will def dump.
Crap I forgot to split is 50/50, I'll get the equivalent or power down for a week after.
Great post !
Ok I need help so I follow you, please foolow me to increase my tokens from steemit.
Vote Up or you can see my last post and why I need.
It's the end of the world as we know it, and I feel fine