What's your thought about Bitcoin and its $11000 price per btc ???

 

It behaves like a classic bubble... I am wondering if and when it will burst.

 

And it's very targeted by authorities ...

 

The biggest and lethal mistake would be to buy some bitcoin now.

 

It's a fine example for excessive greed.
Many people will lose all their money and than they will complain.
It's so forseeable.

 

Last edited: Nov 29, 2017

Never trusted the bitcoin and i will never do!

 

Why?

 

bitcoin is like torrents , who can stop torrents can stop bitcoin !
i think bitcoin its too late to invest now ! any alternatives ?
iota and ripple seem good

 

Last edited: Nov 29, 2017

It surpasses banks and governments and blocking it would require blocking the internet.
It's already possible to pay taxes with bits in Switzerland. And hopefully soon enough the TenX thing will allow to pay in bits by card.

 

Blockchain technology is not (only) bitcoin. Bitcoin is just an "app" running on top of blockchain. Would be nice if, for starters, people will stop confusing bitcoin and blockchain.

 

why is this a bubble? its not

 

Lol. Who even referenced blockchains?

 

Blockchain technology will be adapted by the banks in the near future

 

Allmost all people knowing about or having to do with money/currency/stock makets in any form say, it's a bubble.

If you are sure, it's not a bubble, just get rich quick: Sell what you own, go for a loan, buy as much bitcoins as you can and be rich in two years.

I've seen all this end of the 19nineties with the dot.com bubble. It's quite the same, just even less substance.

I don't say crypto currencies are bad, but the point in time to buy them NOW is for idiots.
Currencies are neither bad nor good. They are just as worthy as the belief of people in it. And this belief in Bitcoin will deminish suddenly in a few months (maybe six), when the masses of dullards get scared and try to exit.
After that, some people will be rich, but a mass of people will lose all they have.

 

You don't get rich investing in a currency with a 170 billion dollar market cap...... There are plenty of coins to invest in now that will skyrocket in 2018.

 

They don't need to block the internet.
If the nations decide to end Bitcoin they just need to declare them illegal and make using them a felony.

This has been the case with Gold in the US:
Executive Order 6102 issued by Franklin D. Roosevelt in 1933 during the Great Depression requiring citizens to surrender their gold for which they were reimbursed. The posession was a felony afterwards.
Read about it on Wikipedia.
And this can happen to Bitcoin as well.

 

Just do it
Topic is Bitcoin only btw.

 

Are you for real? Blockchain is a distributed decentralized database protocol. It can store coins, identities, or general data. The simple fact that it was developed for bitcoin is not making it exclusive.