Friendly reminder that IPOs exploded before the internet bubble

Everyone knows crypto is a scam, just keep buying!!

>>3081395
explain how crypto is a scam, please

>>3081383
2 trillion dollar bubble vs 100 billion, we have some time before it all comes down and Bitcoin and eth take over the world

>>3081383
the crypto bubble is mirroring the dotcom bubble quite precisely imo.
its sound technology thats been overhyped and application isnt on par with capitalisation.
there will be a pop, maybe 5 years down the road

As long as you get out before the bubble pops its fine

>>3081440
someone bought amazon in 1999

>>3081472

For every amazon there is 10s of pets.com or eToys.com

>>3081383
True but Bitcoin itself is sound.

>>3081472
someone bought bitcoin in 2009

Does anyone day trade on celly if so which apps I use to keep track and trade on iPhone

>>3081412
>make useless digital cash
>say its worth x amount
>people invest
>ponzi

still though, it doesnt really matter, so long as you only buy altcoin as means of increasing your bitcoin amount

>>3081412
>>3081440
>>3081594

Some cryptos are alright, just gotta make your picks carefully. However, even the ones that have sound projects and sometimes products seem to be greatly overvalued right now.

Yes, coins are more than likely sheer speculation and incredible bubbles right now because there is literally no true valuation.

There will be a hard burst and the real players are either going to emerge from the rubble stronger with time or crypto will die and PayPal will rule

>>3081651
crypto wont die. after the pop there will be a consolidation, but the tech is here to stay, its fucking good

>>3081635
undervalued

Bitcoin is sounder then $$.

The central bank will keep creating dollars until the currency itself is worthless. The US is on brink of civil war and the coming depression will likely trigger it.

Cool I hope to make lots of money before it pops

>>3081796
it's time to leave /pol/

>>3081694

But is it practical? It's hardly used in practice, so is it practical? You don't know. Even ETH (currently #2) is almost wholly an experiment that's hardly used by any large entities to conduct real transactions. Just investors progressively buying it up and making it "worth" more as it stands.

Crypto will be much bigger. Just remember the total value of all currencies in the world is about $60 trillion

>>3081436
We actually got close to 5 trillion and lost about 2 trillion in the bubble.

>>3081383
just dont listen to the

>HODL

retards when thing start getting really bloody and youll be fine

>>3081908
problem is none of them are used as currencies atm, they are all just speculative assets exactly like tech stocks are

>>3081824

>>3081796
You have to go back!

>>3081855
im talking 5 to 10 years down the road.
maybe eth and btc will die, but there will be some other crypto to take its place.
the application are all there but the infrastructure isnt yet

>>3081472
amazon stockdroped 75% when the dotcom bubble burst, but it survived to become no1 now.
sell before the pop and buy back after

>>3082019
> Telling people to short way before the height of a bubble
Its like you want everyone to be poor.