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15 hours ago, janie1984 said:

Cryptocurrency had a bubble when it really didn't deserve one. Unfortunately, I don't think people have learned anything since 2008 which you can really see in how stock markets and housing markets are trending these days. Bitcoin just happened to be the first of what will be many bubbles popping. 

I wonder how it will happen. I hope it doesn't happen too soon. Many people have already invested a lot of their money on bitcoin. I hope that before the bubble bursts, they can break even. It would be tragic to lose thousands of money's worth. 😶

22 hours ago, janie1984 said:

Cryptocurrency had a bubble when it really didn't deserve one. Unfortunately, I don't think people have learned anything since 2008 which you can really see in how stock markets and housing markets are trending these days. Bitcoin just happened to be the first of what will be many bubbles popping. 

Who really knows my friend? We are just going to be seeing things and development with cryptocurrency as the day goes by and if it favors any investors, then he is the lucky one. 

23 hours ago, janie1984 said:

Cryptocurrency had a bubble when it really didn't deserve one. Unfortunately, I don't think people have learned anything since 2008 which you can really see in how stock markets and housing markets are trending these days. Bitcoin just happened to be the first of what will be many bubbles popping. 

I think the problem is the trusting nature of some people, and their hunger for lots of money. Those who bought Bitcoin and other cryptocurrencies when they were cheap are obviously in profit. Others are not doing so good. It's like an MMA pyramid somewhat.

  • 3 weeks later...

I've been somewhat cautious with bitcoin, so I haven't really lost anything. I'm not disappointed, personally, though I do feel bad for the people who bought when the prices were high. I'll maybe buy a little to see if it'll bounce back. But nothing I would miss too much if the market decides to take another nosedive.

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