Bitcoin is a bubble, fraud, scam, worst financial investment. . . name it anything you like. As Jack Ma stated
The world is not ready for Bitcoin. . .
It's the truth. Believe it or not many believe that Bitcoin(crypto) are the answer for their financial needs. They tought they can earn money everyday when they invest in Bitcoin(crypto). Without even knowing the underlying tech behind what drives it's blockchain. They tought that whenever you put money in some crypto you'll earn money in an instant. Blockchain technology was invented for financial use where every data was supposed to be transparent, recorded in a smart contract what we call ledger. Frankly speaking, investment doesn't work like that. You don't earn everything in a day or month. Every great company started with little what they have. Growth takes time. . . But remember this, blockchain is here to stay, as Jack Ma said "The world is not ready for Bitcoin." meaning it will be ready someday, but not today.
Bitcoin is not a bubble so as every blockchain out there. Blockchain will continue to exist and soon will be adopted by developing countries. Too make this a little clearer, why does some Countries are experimenting on blockchain? I believe this is just the beginning of blockchain mass adoption.
I'll hold my assets andn will continue to do so. As I believe "The world will be ready in blockchain technology someday".
Bitcoin currently is mor lika test of been patient and also of who have d largest hearth interms of taking risk.
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Haha! That's why they call it a scam, buy high and sell low, then blame the platform. Risks are everywhere weather it's your job or your food. We just need to take proper measure when taking risks.
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I have been ready since I first saw bitcoin in april 2013.. Steem is the best current coin and eos the best project...
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I believe in STEEM too, how the platform works, it's like working in a company and your bosses are your audience.
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Absolutely the world will be ready for blockchain. In fact, the world will not even be aware it is on blockchain. They will come to a site, have an opportunity to earn some crypto, and operate like they do in life.
Crypto needs promotion, not the paid or intentional kind, but rather that which comes from people seeing it. Whether they know it or not, the average person is learning about crypto each time it is mentioned. This only adds to their familiarity with it.
Blockchain is changing the world and sound projects will be part of the future. Hence, the tokens sitting atop that blockchain will have value. At the top of my list is STEEM...that is going somewhere in my view.
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At first I didn't know anything about crypto and blockchain stuffs. Upon losing, I studied how blockchain works. . . It came to my mind that Decentralize platform will be the next major cryptocurrencies in this industry. :)
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Great point, maybe the world isn't ready for Crypto just yet. But the world also sneered at visa and paypal at one time. Lets see what happens.
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As long as we embrace crypto in our community, I'm sure it will happen.
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why market is so down...??
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May be, one day the world will be ready..
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Bitcoin is a bubble.
No matter what anyone says, it's a bubble.
The fact that blockchain is a great technology that will change the world doesn't explain why bitcoin, an outdated platform that failed to deliver on its promises, would be valued at $20000 while there are much better alternatives.
Its meteoric rise can be explained by FOMO of people that want to get rich quick with no research at all. And maybe tether scam if it turns out to be one.
Please stop conflating blockchain the technology with bitcoin the platform. Granted, bitcoin was the first and without it there would be no market to talk about right now, but the time has come to stop beating the dead horse and move on. Exactly as it was with the .com bubble, the time has come to valuate platforms on the basis of their tech and product.
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I'm using referencing blockchain to Bitcoin because that's the only thing most people do know when it comes to crypto financial investment. Do you think Jack Ma said "Bitcoin?" he meant it as a reference for all those who doesn't understand what blockchain is.
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So instead of explaining they are not the same thing you just tell them
nah, not a bubble, all is fine!
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Jack Ma is a fraud, its selling goods without holding an actual inventory. May his buying now.
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