You are viewing a single comment's thread from:

RE: Bitcoin was NOT in a bubble – the 2017 rise and the 2018 consolidation (Chaos Monitaur–34)

in #bitcoin6 years ago

Friend @majes.tytyty

What do you think if I tell you that the BTC is inside its own bubble. But within a very large territory of thousands of bubbles.

But she will bounce to the rhythm that the supply and the demand for the same overvaluation that you mention

As a result, almost everything nowadays is overvalued. Far overvalued. Insanely overvalued. And we know that the price of anything that is overvalued will eventually come crashing down to realistic levels. Most likely sooner rather than later.

we set that pace. We are the bidders and claimants in this monetary world, we must know how to dance or stay seated but at the same party.

Sort:  

Maybe to a certain extent, we set the pace. But the long, slow train wreck of the collapsing system, the powers that be have obviously "DELAYED THE PACE" of the crash. But it will reach a tipping point, at which they will lose control. Then, the "dance" will begin.