Biggest bubble in known human history.
1BTC = USD19.3k ..4K USD in a night!, New level of BTC
1BTC = USD19.3k ..4K USD in a night!, New level of BTC
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Dec 8 2017, 03:08 AM
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#1
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399 posts Joined: Dec 2008 |
Biggest bubble in known human history.
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Dec 8 2017, 03:13 AM
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#2
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399 posts Joined: Dec 2008 |
QUOTE(SmallPenguin @ Dec 8 2017, 12:45 AM) lol? Except in BTC case it is probably A sell to B, B sell back to A, repeat... each time sell at a higher price.A sell a virtual coin to B B pays cash A leaves and yolo *crash* B have coin with no value and lost cash so someone still gonna lose money its just the money goes to from A to B or B to C no value is created in between the last person, C, who pays the premium to A and B gonna 14th floor C sees the price go up and wants in on the action. A and/or B decide to cash out to C. C holding BTC worth 25k each, except that nobody wants to pay that price any more. |
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Dec 8 2017, 03:23 AM
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#3
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399 posts Joined: Dec 2008 |
QUOTE(FatalitY @ Dec 8 2017, 12:50 AM) End user will suffer. Rich ppl, unless they bodoh go buy and invest all in btc...then congrats. Traders will still laugh, they're the 'A' kind. But there's like millions of bitcoin, not even half was mined, so it will take a long time for it to crash to oblivion. Someone mentioned in one tered that 76% mined already wor |
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Dec 8 2017, 10:31 AM
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#4
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399 posts Joined: Dec 2008 |
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Dec 8 2017, 12:00 PM
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#5
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399 posts Joined: Dec 2008 |
QUOTE(KLboy92 @ Dec 8 2017, 10:34 AM) I mean "experts" who can dismiss Bitcoin and yet claim that "not even half are mined" - that should tell you how well-informed they are Actually the person who mentioned that 16 million were already mined was someone who was warning caution against going all-in to BTC. |
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