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/biz/ - Business & Finance

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File: 78 KB, 875x568, btc crash.jpg [View same] [iqdb] [saucenao] [google]
4707677 No.4707677 [Reply] [Original]

Honestly where do you see bitcoin, ltc, eth in 20 years? Who thinks the dumb amount of wealth being made, is pushing people to buy; Thus rising the price. Do you think it will finally plateau for a while and people will sell, crashing the price down to 2-3k making people freak and sell crashing vaporware to become valueless? Whats up with the bubble theory?

>> No.4707869

gold has a market cap of 8 trillion

>> No.4707909

>>4707677
even if the bubble pops it wont kill crypto
didn't kill websites back in the early 2000s did it?

>> No.4707946

I think at some point bitcoin could be worth 500k or something obscene like that. It could crash too, but, after a while there will be no more bitcoin and it's the BRAND normies know. Once boomers and normies really start putting money into it on the retail end, and hedge funds get into it more, there is a lot more money to come.

>> No.4707947
File: 107 KB, 675x891, muhbubble.png [View same] [iqdb] [saucenao] [google]
4707947

This picture is very old as well...

>> No.4708006

>>4707677
>Honestly where do you see bitcoin, ltc, eth in 20 years?
If only I could see when it's going to be 20 minutes from now

>> No.4708012

>>4707909
>didn't kill websites back in the early 2000s did it?
Study a bit son, the dot com investors were actually investing in real only businesses with 100s of employees and revenue coming in expecting them to grow.

Crypto is much worse and more speculative. Literally no use for the top coins; most are vaporware. Even shitcoin vaporware like POWER LEDGER have a fucking $ 300 mil market cap. You don't realise how big this bubble actually is. Facebook bought fucking Instagram for $1 bil and it was massive at the time. Start putting shit into perspective.

>> No.4708023

>>4707909
>>4707946
Good points. I like banking like this anyways, it should last. I live like a poor fag putting every spare $ into crypto hopeing it pays off in 10 years.

>> No.4708057

>>4708012
If youre gonna try be smart, dont use an example that has backing and direct investment from the australian federal government kthnx

>> No.4708061

>>4707946
Just remember that branding can be a double-edged sword. People know ENRON too, but that doesn't mean it was a success story.

>> No.4708074

>>4708012
So you think its going to wash everyone out and have them hanging from the trees in the park?

>> No.4708105

>>4708012
Businesses aren't commodities with a limited supply.
Study economics a bit son.

>> No.4708171

>>4708105
I will now go balls deep in computer science and economics for a college major thanks.

>> No.4708475

>>4708105
If you think crypto is not overpriced and in a bubble now then you must think shit like power ledger is worth $300 mil. You are a brainlet.