They have been calling the demise of Bitcoin for quite a few months and it probably will sustain a significant but healthy correction at some point. It may not. I think it currently represents around 56% of the total cryptocurrency market. Is that healthy? Probably not. The dot.com crash did not signal the end of tech. It just brought back into the market, a more sensible perspective of potential tech company earnings. Some of the stuff that went on back then was farce. I see this situation as being different because we are talking about one player, Bitcoin, not hundreds and hundreds of tech companies which had valuations that were mind-blowingly rediculous.
- Forums
- ASX - By Stock
- BPG
- What do you reckon?
What do you reckon?, page-4
-
- There are more pages in this discussion • 27 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)