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RE: It's Official: Bitcoin Surpasses "Tulip Mania", Is Now The Biggest Bubble In World History
When I first saw the chart I was expecting this. Have you checked any Fibonacci on these bubbles? This bubble could be more than double the the size of tulips of even triple. Either way I expect sub $500 BTC before the end of 2020. BTC is a relic. Currently my favorite "currency" is Dash. I don't rule out the possibility of something even better.
https://h.cash/ was designed from ground up to be quantum resistant and they also rip-off some features of Dash. Time will tell. Currently BTC is where Internet Explorer or Nokia was 10 years ago. As technology is evolving rapidly, I'll give BTC 5 years to get to where IE and Nokia are now.
LOL :) I love your anti-BTC campaign :)) I, too, like Dash :) It's hard to pay AU$23,000 for one BTC, when Dash is better and is priced at approx 1/17th of the value of BTC .... I also worry that if something is a currency, then it's meant to be spent - but spending it is to inflict financial self-harm :) So therefore, it's an anomalous object - not suited for its intended purpose. But it's fun to be part of it, for now :)
I got a friend of mine into Dash while it was $300 and he had to format his devices and misplaced the paper that recorded the seed phrase. Talk about a forced HODL.
Proof of Importance system of NEM kind of soften the blow of spending problem. Your Importance rise when you are a part of the New Economy Movement. Your importance increase when you spend NEM. They've got a complex system in place to take care of gaming the system. It's not perfect. But it's certainly good.
Nokia is doing pretty well again