create account

RE: If Bitcoin Is a Bubble, So Is Everything Else! by minderbinder

View this thread on: hive.blogpeakd.comecency.com

Viewing a response to: @cryptovestor/if-bitcoin-is-a-bubble-so-is-everything-else

· @minderbinder ·
Absolutely outstanding article.  Follow and upvoted.  Really quick, what's your pen name on seekingalpha? (I got the impression you're writing over there as well.)  I'd like to add you.

In the meantime, check out my piece on this theme [here](https://steemit.com/investing/@minderbinder/the-potential-future-of-crypto-prices-and-the-effects-of-the-hunt-for-yield) if you're interested.  I'd love to hear your feedback.

Outside of that, I think, in the current environment, we're facing a point with Bitcoin where it's considered a risk-on asset but doesn't behave like one.  The demographics of the BTC and alts holders are very different from the traditional investors and as a result those "true believers" don't give a damn what Wall Street thinks.  If BTC holds value when we finally get volatility coming back to the market, the true believers would be vindicated.  If it doesn't then the naysayers win saying it was just a fad.  Ironically, all the planning and jawboning in the world will not protect BTC from what the overall economy will do to it, leaving its marks - warts and all.

In any event, again thanks for the article!  Take care!
👍  , ,
properties (23)
authorminderbinder
permlinkre-cryptovestor-if-bitcoin-is-a-bubble-so-is-everything-else-20171019t023301886z
categorybitcoin
json_metadata{"tags":["bitcoin"],"links":["https://steemit.com/investing/@minderbinder/the-potential-future-of-crypto-prices-and-the-effects-of-the-hunt-for-yield"],"app":"steemit/0.1"}
created2017-10-19 02:33:03
last_update2017-10-19 02:33:03
depth1
children2
last_payout2017-10-26 02:33:03
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length1,150
author_reputation23,080,720,700
root_title"If Bitcoin Is a Bubble, So Is Everything Else!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id18,018,104
net_rshares1,737,187,094
author_curate_reward""
vote details (3)
@cryptovestor ·
I write under the pseudonym "Truth Investor" on Seeking Alpha. The demographics and more liberal beliefs supporting Bitcoin are both a reason to believe it can grow further and also why you could believe it is overly priced (as people investing for the reason of politics tend to avoid fundamentals). It is fairly interesting how that might play out. Long-term what I find interesting is what will happen as millennials start growing in influence as the group ages.

I just skimmed your piece and bookmarked it. I'm almost braindead right now because I've been working on this article + video for the last 14 hours straight, so going to save fully reading it when I am a bit rejuvenated. But I'm happy to see someone else covering these topics. Thanks for your comment!
👍  ,
properties (23)
authorcryptovestor
permlinkre-minderbinder-re-cryptovestor-if-bitcoin-is-a-bubble-so-is-everything-else-20171019t025311291z
categorybitcoin
json_metadata{"tags":["bitcoin"],"app":"steemit/0.1"}
created2017-10-19 02:52:48
last_update2017-10-19 02:52:48
depth2
children1
last_payout2017-10-26 02:52:48
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length769
author_reputation17,638,968,357,163
root_title"If Bitcoin Is a Bubble, So Is Everything Else!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id18,019,124
net_rshares456,046,676
author_curate_reward""
vote details (2)
@minderbinder ·
I appreciate ya. I'm about brain dead too but I'd like to keep this conversation going. Looking forward to it.
properties (22)
authorminderbinder
permlinkre-cryptovestor-re-minderbinder-re-cryptovestor-if-bitcoin-is-a-bubble-so-is-everything-else-20171019t042556894z
categorybitcoin
json_metadata{"tags":["bitcoin"],"app":"steemit/0.1"}
created2017-10-19 04:25:57
last_update2017-10-19 04:25:57
depth3
children0
last_payout2017-10-26 04:25:57
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length110
author_reputation23,080,720,700
root_title"If Bitcoin Is a Bubble, So Is Everything Else!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id18,023,799
net_rshares0