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Jan 26 2018 05:28am
Crypto isn't a traditional bubble, that's what these old economist fucks don't seem to get. They see crypto as one entity, like the stock market. What they don't realize is that the crypto economy contains the equivilent of equivalent of stocks, bonds, housing, metals, etc, etc. When one bubble bursts, others inflate.
Bitcoin was a bubble, and technically the Bitcoin bubble has already burst. But instead of money leaving the system, the money allocated itself throughout the crypto ecosystem in what we know as altcoins/shitcoins.
I lived through the dot com bubble. You know what caused the bust? It wasn't shit being overvalued. It was infrastructure unable to keep up with demand. Hyperinflation of infrastructure demand could not be met. Dot com companies had massive projections for growth and as such, acquired a fuckton of debt real fast that they couldn't pay off because infrastructure giants like cisco could not meet the demands.
The DEBT that crushed the dot com bubble does not exist in crypto. It can be argued a kind of infrastructure problem exists in bitcoin: Fees and tx times. The thing is though, bitcoin doesn't have debt obligations to meet. It's pure speculation. It's only as valuable as the faith put into it. And I don't care what anyone says, but blockchain tech is THE trend 5 years from now. Remember when everyone started talking about cloud computing 5 or 6 years ago? Now the majority of tech companies out there leverage cloud providers. The same happened with VM. We are on the bottom floor boys and girls. When adoption occurs in major financial institutions, stock market facilitation, and retail PoS we will all be multi-millionaires. Don't be rash. Invest slowly over time, SAFELY. You will make it. I've been around the block, blockchain applications are the next VM, CLOUD, INTERNET marketplaces. You all laugh when Justin Sun says Web 4.0, he is right, in a way. It may not be TRON that does it, but one or a few of these companies WILL revolutionize information technology.
Just a reminder that these (((intellectuals))) didn't see the dotcom or housing bubble. Half of them actually argued for policies that created one or the other (see: Krugman). They don't see a stock market bubble, and they certainly don't see the tech bubble where you have IPOs for companies that are basically predicated on free apps that add dog noses and cat ears to your selfies, in essence.
Most of these people type with two fingers alone and keep their passwords on post-it notes next to their Macbooks. They use buzzwords like 'disruptive' in their tweets to promote companies without products founded by trans-gendered bi-racial demi-sexual unicorns. But they don't understand technology. And for once in their lives they're on the outside looking in.
You have a huge chunk of an entire generation that is unwilling to work to be part of a system that has told them they should be lucky for whatever table scraps get thrown by the wayside, or for unpaid internships, or for 6 figure education loans to earn enough qualifications to stock shelves. To be discriminated against for being a white male or increasingly even female. To contribute to a system that actively spends their tax dollars to create economic, socio-political conditions to wipe their genetic lineage off of the face of the Earth. To know that no matter what they do, for the first time in Western civilization's existence, most children will have a lower quality of life than that of their parents.
For many on this board, this is a once in a generation opportunity to opt-out by circumventing the system. The system that makes you unable to invest in promising startups because you're not a 'qualified investor' by SEC standards, or because you live outside of blue-blood networks in the Sodom and Gomorrahs that run the global financial industry.
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Jan 26 2018 06:10am
Quote (BmA_BeMyAngel @ Jan 26 2018 01:28pm)
Crypto isn't a traditional bubble, that's what these old economist fucks don't seem to get. They see crypto as one entity, like the stock market. What they don't realize is that the crypto economy contains the equivilent of equivalent of stocks, bonds, housing, metals, etc, etc. When one bubble bursts, others inflate.
Bitcoin was a bubble, and technically the Bitcoin bubble has already burst. But instead of money leaving the system, the money allocated itself throughout the crypto ecosystem in what we know as altcoins/shitcoins.
I lived through the dot com bubble. You know what caused the bust? It wasn't shit being overvalued. It was infrastructure unable to keep up with demand. Hyperinflation of infrastructure demand could not be met. Dot com companies had massive projections for growth and as such, acquired a fuckton of debt real fast that they couldn't pay off because infrastructure giants like cisco could not meet the demands.
The DEBT that crushed the dot com bubble does not exist in crypto. It can be argued a kind of infrastructure problem exists in bitcoin: Fees and tx times. The thing is though, bitcoin doesn't have debt obligations to meet. It's pure speculation. It's only as valuable as the faith put into it. And I don't care what anyone says, but blockchain tech is THE trend 5 years from now. Remember when everyone started talking about cloud computing 5 or 6 years ago? Now the majority of tech companies out there leverage cloud providers. The same happened with VM. We are on the bottom floor boys and girls. When adoption occurs in major financial institutions, stock market facilitation, and retail PoS we will all be multi-millionaires. Don't be rash. Invest slowly over time, SAFELY. You will make it. I've been around the block, blockchain applications are the next VM, CLOUD, INTERNET marketplaces. You all laugh when Justin Sun says Web 4.0, he is right, in a way. It may not be TRON that does it, but one or a few of these companies WILL revolutionize information technology.
Just a reminder that these (((intellectuals))) didn't see the dotcom or housing bubble. Half of them actually argued for policies that created one or the other (see: Krugman). They don't see a stock market bubble, and they certainly don't see the tech bubble where you have IPOs for companies that are basically predicated on free apps that add dog noses and cat ears to your selfies, in essence.
Most of these people type with two fingers alone and keep their passwords on post-it notes next to their Macbooks. They use buzzwords like 'disruptive' in their tweets to promote companies without products founded by trans-gendered bi-racial demi-sexual unicorns. But they don't understand technology. And for once in their lives they're on the outside looking in.
You have a huge chunk of an entire generation that is unwilling to work to be part of a system that has told them they should be lucky for whatever table scraps get thrown by the wayside, or for unpaid internships, or for 6 figure education loans to earn enough qualifications to stock shelves. To be discriminated against for being a white male or increasingly even female. To contribute to a system that actively spends their tax dollars to create economic, socio-political conditions to wipe their genetic lineage off of the face of the Earth. To know that no matter what they do, for the first time in Western civilization's existence, most children will have a lower quality of life than that of their parents.
For many on this board, this is a once in a generation opportunity to opt-out by circumventing the system. The system that makes you unable to invest in promising startups because you're not a 'qualified investor' by SEC standards, or because you live outside of blue-blood networks in the Sodom and Gomorrahs that run the global financial industry.




messzire jutottunk a végére XDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDD
Member
Posts: 26,514
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Jan 26 2018 06:11am
elolvastam.
ja, megse
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Joined: Apr 1 2007
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Jan 26 2018 06:14am
Quote (BOSCH_CEO @ Jan 26 2018 01:10pm)
messzire jutottunk a végére XDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDD


implying nem ugyanígy érzed te is manager úrfi :SSSSSSSSSSSSSSSS
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Jan 26 2018 08:08am
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Joined: Dec 17 2017
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Jan 26 2018 08:34am
tessek tradelos zene


btw ma jarnak le a future-ok. soon indul az emelkedes.

http://www.cmegroup.com/trading/equity-index/us-index/bitcoin_product_calendar_futures.html
Member
Posts: 3,820
Joined: Jan 17 2012
Gold: 6,373.20
Jan 26 2018 08:55am
Quote (ace17alreadyexists @ Jan 26 2018 03:34pm)
tessek tradelos zene
http://www.youtube.com/watch?v=kyXNV-IzZW0

btw ma jarnak le a future-ok. soon indul az emelkedes.

http://www.cmegroup.com/trading/equity-index/us-index/bitcoin_product_calendar_futures.html


rohogok amugy hogy 1000 eurot meg 100 ezer forintot szamolgat es ugy adja elo magat mintha milliardos lenne
Member
Posts: 26,514
Joined: Oct 1 2012
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Jan 26 2018 09:08am
Quote (XxPiTyUkAxX @ 26 Jan 2018 16:55)
rohogok amugy hogy 1000 eurot meg 100 ezer forintot szamolgat es ugy adja elo magat mintha milliardos lenne


es gondolom az is a cofidistol van :D
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Joined: Jun 21 2005
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Jan 27 2018 01:51am
Ez gondolom fake buy wall akar lenni:

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