When will the bubble burst?

Jan 19, 2018 28 Comments

Let’s be honest. It’s definitely a bubble. The more I think about it, the more it resembles the dot com bubble (and even worse).

Those who HODL, when do you plan to cash out? What makes you HODL?

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 TOP 28 Comments
  • Intuit
    cfj34h

    Go to company page Intuit

    cfj34h
    Dot com bubble was $6.7T vs cryptos recent high of $800B... the price will go back down short term probably. Then it will do what it’s been doing. If it’s a bubble, it’s small compared to most at this point.

    And don’t forget, Amazon got to $100 before dropping to $7 post dot com. And nasdeq is now above $7T and amazon is $1250 with a $7B market cap.

    Based on the comments and posts I see on here from all the tech company employees, Amazon, FB, Oracle, Microsoft, and even google, I think the bubble is Nasdeq. Many ask questions or state misconceptions that a 5 min search online would answer or provide insight to. Even googlers! And reading the greed and stupidity combined in many of the blind posts shows me where the fear is coming from.

    I bought FB on it’s open at 40, and again at 30, and 20.... then held for years and years... was even clowned by a VP. But, I made more than 5x return. You guys can’t hodl for a week before the sky is falling.

    Good luck with the bubble talk, arguing, and time wasting. I’ll save this post and check back in a year.
    Jan 20, 2018 2
    • Facebook / Eng
      LastCut

      Go to company page Facebook Eng

       LastCut
      You meant overvalued vs bubble? You know tech companies have intrinsic value and crypto have none right?

      I say that even though I have $200k in crypto (mostly gains).

      Is bitcoin at $50,000 by the middle of next year unthinkable? It’s not – but is there a logical and rational explanation for why it should be, I don’t think so.
      Jan 20, 2018
    • Intuit
      cfj34h

      Go to company page Intuit

      cfj34h
      I don’t agree with you on intrinsic value, but all good. Good luck with your $200k of (mostly) profits.
      Jan 20, 2018
  • What is HODL?
    Jan 19, 2018 3
  • New / Product
    tbkj

    New Product

     tbkj
    I don’t think it’s a bubble just yet. Wait till crypto hits 3-4 trillion in market cap and then you can call it a bubble fo sho!
    Jan 19, 2018 3
    • New / Product
      tbkj

      New Product

       tbkj
      Based on history. Dot com, housing etc... I’d say we’re still in the early days since most people are unaware of it now and people are mostly afraid thus choose to stay away. Once public confidence is high that’s when a true bubble emerges.
      Jan 19, 2018
    • Facebook / Eng
      LastCut

      Go to company page Facebook Eng

       LastCut
      It's a bubble but when will it burst is a million dollar question. None of these coins have any intrinsic value. Ride it as much as you can and evaluate your risk tolerance.
      Jan 19, 2018
  • Amazon
    gotaga

    Go to company page Amazon

    gotaga
    What makes you say it's a bubble
    Jan 19, 2018 2
  • New
    0_

    New

    0_
    Do you have any gains you're waiting on ? Otherwise , you simply want a cheaper entry.
    Jan 19, 2018 1