/biz/ - Business & Finance

>>6351388
>bubble
>he doesn't know what log scale is
Post yfw you realize you've been holding back only because of your own ignorance.

>.com bubble explodes at 10 trillion dollars
>Total cryptos dont get 1 trillion yet

>>6351609
what are all these numbers supposed to be telling me

>>6351661
Japan assets bubble went off at around 27 trillion dollars as far as I remember.
That was in the 80s so you have to factor in for inflation.

>>6351661
>all bubbles pop at the same dollar level

>>6351388
I’m praying for it anons. Cashed out enough money to be basically rich for life (no saying exactly but it’s in 7figs). Got 6 digs in crypto and I spend all day refreshing block folio I WANT IT TO STOP

>>6351715
>>6351715
True.
Crypto bubble wont explode until 3 years at minimum
>>6351737
Implying i said that, retard, I only make a comparison.
The crypto market has many more users, more accessibility, more capital potential and greater usability

>>6351388

>>6351661
lmaoo where the fuck do you idiots pull these numbers from I swear it's just word of mouth with you idiots and no one researches

>>6351737
More capital was invested in crypto last year by regular people than by VCs and hedge funds.

>>6351923
>The crypto market has many more users, more accessibility, more capital potential and greater usability
>than the internet
HOLY SHIT STOP FUCKING POSTING YOU PIECE OF SHIT FAGGOT

>>6351706
When you're dealing with a chart that has a large viarance in the data, like say the price of BTC during 2012 vs the price of BTC now, you should use a logarithmic scale. This allows you to see increase by multiplicative factors. It reduces the skewing and appearance of massive bubble over time. Anyone who tells you we're in a bubble doesn't know what they're talking about. Are things overvalued? Yes, but only slightly. A correction would not be massive, and would probably run about 6 months to a year, as it has repeatedly in the past. There won't be any flash crash, I can assure you that. Unless you think 13k BTC - 9K BTC is a flash crash.. its not. It's a regression to mean.

>>6351388
probably not going to pop this year
I give it end of 2019
hopefully I'll be out of this shithole and never have to go on biz again unironically
only for memes

>>6352020
Nigger what? The dotcom bubble refers to stocks you do realize?

>>6351965
Retard

>>6352147
>>6352149
goddamn you are both legit certified retards

>>6352184
Go to sleep, ratkid.

Im a nocoiner

>>6352241
fucking learn to read you cancerous piece of shit

>>6352149
Another thing to consider was the value of the currency then vs now. Crypto markets would have to reach $11.808T to match the same value invested into the dot com bubble. But also, cryptos being speculated on aren't on a foundation of debt and infrastructure limitations, so what's to stop it? That is the $10T question.

>>6352248
What the fuck are you doing here then?

we will know the bubble is near bursting when companies start throwing million dollar parties

>>6351388

>>6352270
do you fucking idiot know what inflation mean this thread is just beyond fascinating

BUT I HAVEN'T MADE IT YET

>>6352312
Yes, I factored in the 23% change in dollar value between then and now. Stop acting like you're smart.

Hello, what ever happened to Bancor (BNT)? I miss the BILU threads

>>6352352
read that image again retard

>>6352276

Ive been here since before the board went to shit.

I stay to watch normies lose their money on internet lotto.

>>6351388

>>6352020
>comparing stock accessibility to crypto