What is black swan event?
Black swan event is something that happens outside the expected norm. World has scene many black swan events in the past
1987 Stock market crash
1990 End of cold war
The internet
Personal Computer
Internet bubble of 2000s
9/11
2008 Market crash
2016 Election?
Next market crash? ??????????
What would happen ?
You get the point, many of these are not anticipated. But just happens and takes the world upside down. But they do have huge impact in our society
I believe similar black swan events more or less define our personal life as well !!! if you have any,share your experience ? Hopefully this becomes a discussion!!!!
From a market perspective, we probably are due for a black swan event!!! who knows even crypto might be a black swan event!!! which we dont realize now
Right now!! With the raising of bitcoin, fairly obvious there is some big money here, there is cause to believe that a hedging against a bank failure is imminent.
Could very well toss in the Las Vegas shootings but there is still some missing evidence and the fallout is not yet complete.
Crypto is highly volatile. Bitcoin goes up and then will come down and cycle might repeat for few more time. But market is not predicting good things for steem!!! but then this market is not that big to be a leading indicator...I think SMT might end up being the most valuable tool in steem block chain and steemit might not make it
Good!
that's good information
i guess the next one will take us to the doom.İn this time society is accustomed to comfortable things .
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