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RE: The Game has Changed, Are you Paying Attention? (Bitcoin and The Global Market Space)

in #investment7 years ago

You ain’t seen nuthin yet.

My wife’s jaw literally dropped this morning when I told her how much the value of my Steemit account had gone up in the last six weeks.

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I don't know how old you are, but I remember when Yahoo and Google hit Wallstreet and everyone was confused.

What? They do not have any revenue stream, how can they be worthy of an Investment, they said. :)

I was just telling my family about that the other day. It wasn't just Yahoo and Google. The whole business model was under suspicion. Article after article after article about how these fly by night companies can't possibly survive if they're not charging for their content. Eventually, the market will force them to stop letting people access free content.

Unrelated, but in the same conversation, I also said that as soon as you hear the word "tulip" in a criticism of bitcoin or block chain, the speaker instantly loses all credibility. At that point, it's safe to stop listening to anything else the person might have to say. ; -) A six month bubble in one tiny region of the world is somehow comparable to a 9 year global rally?

I am so glad someone else remembers that time period. Nobody believed in the Internet space at first either and look at it now. There is no turning back.

Tulip... Guess what if you would have HODLed your tulip bulb you would be winning. :)

I'll never forget having my family tour my office some time around 1993, coincidentally, right after I had compiled the NCSA Mosaic browser for the first time. I tried to bring up the browser and show them how awesome this whole Internet thing was, and I didn't have the words to explain it. They were all like, "yeah, ok, whatever (yawn)..."

That's how block chain feels now.

lol... Even Amazon took a lot of shit for a long time. One always knows when we are in the right place at the right time... Everyone else things you are crazy.

I’m 62. Old enough to have seen Lee Harvey Oswald get shot on live TV.

You have exactly 1 decade on me. :)