“It is Netscape” during the dot com bliss, says increasingly nervous man with a hand gesture disorder.
Meanwhile, Monaco is higher by another 9%, up $4 from where I discussed it earlier this week. I think we can all agree, there needs to be some level of clarity into what in the hell is going on here. Even Ken ‘Hands’ Fisher is completely ignorant to “the bitcoin” and merely scoffs at it as the bubble to end all bubbles.
Here’s how Bitcoin stacks up against previous bubbles.
— Babak (@TN) December 12, 2017
Should you be afraid? Yes and no. On one hand, you should be cognizant to the notion that prices will pull back. In order to have a good market, the plebs need to be removed from their coin. Sorry, that’s just the way speculation works, cryptos are no different. On the other, the ICO market is providing vigor into a funding market that might produce some really good companies, assets that would’ve normally sought out funding from VCs and then IPO very late stage and burn investors to death. In the ICO world, there’s a good chance you might be able to snag something really good; but you have to understand the relationship between owning their coins or tokens is totally different from shares, which is where the confusion arises.If you enjoy the content at iBankCoin, please follow us on Twitter