LogFAQs > #893906042

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clearaflagrantj
01/12/18 12:07:10 PM
#16:


Darkman124 posted...
clearaflagrantj posted...
Darkman124 posted...

but now it's in bubble territory

Not even close to bubble territory for BTC/ETH

The entire world has only put $230 billion into Bitcoin, the entire world

When it's closing in on $50 trillion then we can start getting worried


market cap is not how you measure a bubble bro

Sure it if we're talking long term, which includes comparing it to the amount of money in gold and pm and also stocks.

We are just barely getting into widespread adoption, beginning of the S curve. Bitcoin has been following the same ascending log channel healthily for years and there is no reason why that shouldn't continue
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