Can We Forecast The Bubbles And Crashes?
It is virtually safe to state that nobody knows what the near future keeps for Digital Money than me. It seems that as being an event takes place shortly, someone with understanding of it throws out a concept or perhaps a prediction the fact that currency will go up or down and then there are people who proclaim this can never happen.
I am uncertain if that is true but it certainly makes some people think a whole lot harder, and I know I do. You can find so many dangers in this industry because it is indeed new. I’m becoming inquired if this may or will end in failing often.
I can tell you that I know more concerning the Digital Currency of today than I do concerning the currency of 5 years back. I believe I will reply to that query with an emphatic YES! There is absolutely no way in the world that we will dsicover another “Internet Bubble” or another massive bubble that arises.
When I first got involved in this space, I used to be asked how we can predict these bubbles and crashes, and my answer was “I have no idea.” Which means I have learn all the “charts” and do my best to keep abreast of what is going on in the Industry and the currency of your day.
My research has taken me to the conclusion that I would have to say that the only one folks who knows what is going on can be our readers. If they discover something out that is brand-new and interesting, then we know it. If we find something they’re not telling us, we will let them know, too.
Today, I must confess that we have not yet had an effective currency that made big money and was worthy of what everyone expected it to become. But that does not mean that we have been not watching the same thing that we have already been.
I will give you a good example of this as it pertains to Bitcoin and to the Digital Currency. In the event that you go through the past background of economic bubbles in all of the annals of the United States, so as to if they burst, there had been plenty of individuals around that saw it coming and did what they could to stop it.
Do you know that Bill Gates is really a big proponent of Digital Currency? That’s stating a complete lot thinking of just how many times he has produced big money from Microsoft.
We also understand that many years ago, Jamie Dimon, the Chairman of JP Morgan Chase was discussing buying this sort of technology and getting into the marketplace. He didn’t notice any reason he couldn’t create a bundle when this happened.
He had noticed what had happened to the stock market before and it appeared that it had been destined to crash, therefore he built their own stock market known as the Distributed Autonomous Business or DAO. You can find other examples such as this one.
I believe that Digital Money will continue to be a part of the near future. My question for you can be will the bubble burst or will it fly?
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