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/biz/ - Business & Finance

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8458066 No.8458066 [Reply] [Original]

https://www.rt.com/business/421797-bitcoin-collapse-dotcom-bubble/

American banking giant Morgan Stanley has predicted a dire end to the bitcoin phenomenon, comparing it to the tech bubble of 2000. But this time, according to the bank, events will escalate much faster.

>Let's get all these stupid fucking normies to sell their bitcoins so we can buy them back cheap because we were too stupid to realize the potential of it when it started taking off

The main difference between "the crypto bubble" and the dotcom bubble is that when companies go bankrupt, they get liquidated and de-listed on exchanges, then wiped from existence. Bitcoin will never stop existing, which means that as soon as the price starts collapsing down to the gutter, it won't get liquidated, it won't go bankrupt and it won't get de-listed, and people will start buying it on the cheap again.

>> No.8458149

>>8458066
its also 15 times smaller

>> No.8458179

>>8458066
>Starts going up
>Institutions start fudding hard again
Bull run time baby.

>> No.8458184

>>8458066

Of course they are interested in acquiring cheap coin, but they are not wrong either. Bitcoin is about where the NASDAQ was in 95, where everyone thought it was a bubble but it just kept going up. True bubble didn't pop until 1999. Personally I think there will be a very strong bubble pop that could see BTC losing 90% of its value before shooting back up.

>> No.8458191
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8458191

>> No.8458300
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8458300

>>8458066
>15x faster
Good, so it will be just a few months before we make new ATH instead of years and years like Amazon and others

>> No.8458348

>>8458149
its also traded 24/7 which is like 3 days of the stock market.

>> No.8458763 [DELETED] 
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8458763

>>8458300

>> No.8459148

>>8458066
Every time I see Jewish FUD I buy more

>> No.8459178
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8459178

>>8458300

>> No.8459331

>>8458066
>Morgan Stanley has predicted a dire end to the bitcoin phenomenon, comparing it to the tech bubble of 2000
Yeah, I wonder what ever happened to that internet thing? Anyone else still remember that?

>> No.8459661
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8459661

>>8459178
Exactly. Nike swoosh.

>> No.8459737

>>8458149
>>its also 15 times smaller
and 100 times less useful.