Anyway I just had someone in another forum say this to me:
And the crypto party will be over soon enough too. Has all the hallmarks of a massive massive bubble. - besides having zero intrinsic value and useless for an actual currency....(i.e. its fools gold) - everyone talking about it - BS argument about inflation hedge an the new digital gold - everyone making money (including kids) - people quitting their jobs to trade crypto (taxi drivers talking about it) - articles every where saying BTC $100k, $500k, $1M and the only way is up - cult like behaviour by believers - insto's, banks climbing on-board - people buying it because? they hope to sell it higher to the next muppett- FOMO, Speculation, greed and absolute hype on steroids alive and well
My Reply........ I have heard all those old 11 comments when BTC was at: $1,000, $5,000; $10,000; 25,000 $35,000, $70,000, $80,000 .....Need I go on...
If you have no interest in crypto then simple, don't look at it lol.
Why are you in the share market Baker?To sell a share to a muppett who will pay a higher price for it than you originally did? Well I hope so!
Crypto is no different.Except the gains are 10000x
And the crypto party will be over soon enough too. Has all the hallmarks of a massive massive bubble. - besides having zero intrinsic value and useless for an actual currency....(i.e. its fools gold) - everyone talking about it - BS argument about inflation hedge an the new digital gold - everyone making money (including kids) - people quitting their jobs to trade crypto (taxi drivers talking about it) - articles every where saying BTC $100k, $500k, $1M and the only way is up - cult like behaviour by believers - insto's, banks climbing on-board - people buying it because? they hope to sell it higher to the next muppett - FOMO, Speculation, greed and absolute hype on steroids alive and well