Can We Predict The Crashes And Bubbles?
It is just about safe to say that no one knows what the future keeps for Digital Money than me. It appears that as being an event occurs quickly, someone with understanding of it throws out a concept or a prediction the currency will go up or down and then there are people who proclaim this can never occur.
I am not sure if that’s true but it absolutely sure makes some people think a whole lot harder, and I understand I do. You can find so many dangers in this industry because it is so new. I’m often becoming asked if this may or will end in failing.
I can let you know that I know more about the Digital Currency of today than I really do about the currency of 5 years back. I believe I am going to respond to that query with an emphatic YES! There is absolutely no way on the planet that we will dsicover another “Internet Bubble” or another massive bubble that pops up.
When I first got involved in this space, I used to be inquired how exactly we can predict these crashes and bubbles, and my reply was “I don’t know.” That means I have go through all the “charts” and do my far better keep up to date with what is going on on the market and the currency of your day.
My research has brought me to the final outcome that I’d have to say that the only one folks who knows exactly what is going on is our readers. If they find something out that’s interesting and new, we know it then. If we find something they are not telling us, we will tell them, too.
Now, I must confess that we have not yet had a successful currency that made a lot of money and was worth what everyone expected it to become. But that will not mean that we have been not watching the same thing that we have already been.
I will provide you with an example of this since it pertains to Bitcoin and to the Digital Currency. If you look at the past history of economic bubbles in all of the history of the United States, you shall see that if they burst, there were plenty of people around that saw it did and coming what they could to avoid it.
Do you know that Bill Gates is a big proponent of Digital Currency? That’s stating a complete great deal taking into consideration how many occasions he’s got made big money from Microsoft.
We also know that many years ago, Jamie Dimon, the Chairman of JP Morgan Chase was talking about buying this type of technology and getting into the marketplace. He didn’t notice any reason why he couldn’t create a bundle when this occurred.
He had observed what had happened to the currency markets in the past and it appeared that it had been destined to crash, therefore he built his own currency markets known as the Distributed Autonomous Firm or DAO. There are other examples like this one.
I am sure that Digital Money will still be a part of the near future. My question to you can be will the bubble burst or will it fly?
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