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What did happen on AUG 1?

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Anonymous
What did happen on AUG 1? 2017-08-21 03:31:38 Post No. 3155091
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What did happen on AUG 1? Anonymous 2017-08-21 03:31:38 Post No. 3155091 [Report]
Seriously, wtf? Why the price of BCH is rising together with BTC? Shall we expect another doubling of a market value out of nothing in November? Are you sure that crypto is not a bubble?
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Anonymous 2017-08-21 03:40:50 Post No.3155175
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Because unlike with stocks, it's an entirely new market and accessible to everyone. And, much stronger than on an actual stock market, the price we pay for cryptos now is in no way tied to the value of the cryptocurrency technology. The price is determined by what people have to spend/invest.
You could divide any cryptoprice by 10 and that's an equally valid estimation of what the tech is worth. It's under the hood determined by what markets it will replace, but nobody knows. At the moment, it appears that the use of crypto is not person to person or person to buyable goods, but in person to institution and fundrasing. ICOs are not a bug but the main feature.
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Anonymous 2017-08-21 03:56:20 Post No.3155343
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Anonymous 2017-08-21 03:56:20 Post No.3155343 [Report]
im pretty sure crypto is a bubble
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