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The Water Cooler
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Anyone riding the Doge train?
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<blockquote data-quote="zghorner" data-source="post: 3579763" data-attributes="member: 35089"><p>None of them have fundamentals to base anything off of...</p><p></p><p>Crypto is literally dotcom bubble 2.0...random garbage being heavily pumped with zero intrinsic value, zero revenue, and as of right now...nearly zero practical use value (outside of keeping your money when fleeing a country). both consist(ed) of groundbreaking tech ideas that mainstream is finally coming around to some years after creation (still lots of people not sold on them...Buffet and Munger constantly bashing CC).</p><p></p><p>Much like the dotcom of the late 90s there will be some major long term winners (amazon for example)...blockchain currency is going to be a part of the future IMO. Lots of traders emerged from the dotcom bubble as millionaires...their are opportunities for the same right now.</p><p></p><p>MY biggest fear is that they are in direct competition with central banking systems...the people who own literally everything. IF they embrace them, homerun. If they fight them, RIP.</p></blockquote><p></p>
[QUOTE="zghorner, post: 3579763, member: 35089"] None of them have fundamentals to base anything off of... Crypto is literally dotcom bubble 2.0...random garbage being heavily pumped with zero intrinsic value, zero revenue, and as of right now...nearly zero practical use value (outside of keeping your money when fleeing a country). both consist(ed) of groundbreaking tech ideas that mainstream is finally coming around to some years after creation (still lots of people not sold on them...Buffet and Munger constantly bashing CC). Much like the dotcom of the late 90s there will be some major long term winners (amazon for example)...blockchain currency is going to be a part of the future IMO. Lots of traders emerged from the dotcom bubble as millionaires...their are opportunities for the same right now. MY biggest fear is that they are in direct competition with central banking systems...the people who own literally everything. IF they embrace them, homerun. If they fight them, RIP. [/QUOTE]
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