The Laughable Oxymoron of a "BitCoin Bubble"

in #steemit7 years ago (edited)

This image came from 'The Money Project'. Visit the original website listed at the bottom.
I edited the size of the square for Bitcoin and updated its current market cap. (11/06/17)

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When people throw the standard and uneducated opinion that "Bitcoin is in a bubble", reference the link to this steemit blog so they can scrutinize the image below.

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CME is a major regulated exchange. Note the captions in the right column as you scroll down the image.
Derivatives make up anywhere from $630 TRILLION Dollars to $1.2 QUADRILLION Dollars.

Is it illogical to assume that a "measly" $10 TRILLION Dollars might potentially flow into crypto currencies over the next 10 years?

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At least those bubble rumours provide for a good laugh ;-)

Seeing the humor in something is very productive and almost ALWAYS the best way to go.

Cheers!

This is an extremely undervalued post and I hope you find more recognition for it.