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Fashions change frequently, but fundamentals endure. In the late 1990s, we had dot-com. Then, real-estate. Now, crypto. It remains to be seen, if this crypto-stuff will crash spectacularly, or merely asymptote towards some (what?) equilibrium... and the extent to which these events would or would not affect the broader economy. As for the fundamentals - the efficiency of markets, the limited practical utility of any theoretical knowledge, the importance of steadfastness over speed or skill - these won't change.
It would be nice to have a separate sub section for crypto in this forum. It would help ppl who are interested and the ones who are not. Six months ago there were only two threads or so going on. Now every other thread is about crypto whether good or bad. Its not helping the noobs nor the laggard. So it should be a separate sub section in my opinion.
It would be nice to have a separate sub section for crypto in this forum. It would help ppl who are interested and the ones who are not. Six months ago there were only two threads or so going on. Now every other thread is about crypto whether good or bad. Its not helping the noobs nor the laggard. So it should be a separate sub section in my opinion.
I agree a sub forum would be nice to help segregate the topics
A bitcoin/litecoin/crypto-currency forum? And how long do you give this fad?
We should have a subforum here. Whatever the hot new thing is is obviously going to be prevalent in a forum so investing should have crypto forum to to keep the forum from turning 100% crypto as I also like talking about and hearing about stocks.
In terms of a fad this isn't a fad, your only seeing the very beginning.
What difference does it make what casino people put their money in? Why do you care? Are you oh, so smart with your investment fund?
I feel like some people have never seen an order book before. You'd realize the same thing is going to happen when central banks pull out their liquidity.
In terms of a fad this isn't a fad, your only seeing the very beginning.
In terms of "buying" a currency and holding on to it to sell at a higher price, it sure IS a fad.
We'll probably have crypto-currencies that aren't a fad - WHEN they become currencies and stop being a "Greater Fool" vehicle.
The dot-bomb era taught a lesson: Companies that learned to use the internet to create new paradigms in business did great ( obvious list of companies not included ). Companies based on "air" went away.
Bitcoin probably is to cryptos as Napster was to music. ( Netscape was to internet access ... )
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