Haha one of the classic bubbles. Looks absolutely stupid looking back, but I'm pretty sure future generations will look at our bubbles and think the same.
I agree. That feeling of being left out when everyone's making vast riches.
I think that bubbles share common indicators , like the end bust you're referring to. The last ones holding the hot potatoes, in your case, the tulips, are always the ones who have to pay for everyone's speculative greed.
Let's just hope the pop's not a devastating supernova. I have a terrible feeling we didn't really fix the previous problem: we just patched up a bubble that has now expanded larger.
By that do you mean investing in equities will no longer be profitable, and will be completely replaced by trading cryptocurrencies, or do you think it will be replaces by blockchain-based trading platforms?
We need more decentralization. This is crooked world of world bankers that we are leaving in. Will be interesting to know how many of this bankers own bitcoins ;)
So then I assume that means you think that we'd still be trading equities in the future, but through blockchain technology instead of centralized systems.
How do you think this would prevent the unfair financial machinations you referred to? Wouldn't they just replicate it on the new system? Very curious.
Maybe someone can build a decentralized trading metwork where people can see what the biggies are doing instead of manipulating stuff in their own dark pools.
Ah I see what you mean. With the blockchain technology, all transactions would be broadcasted to the entire network, so there would be nothing to hide, like in dark pools.
But the dark pools want to remain hidden. Maybe they'll find a different medium of exchange to disguise it. Makes it complicated but given the stakes, worth it.
How tulips could be valued more than a house is beyond me lol.
The famous tulip bubble from 300 years back ?
Yup, the Dutch Tulip Bubble. I think it was the first documented bubble. Or maybe the South Sea one was earlier. That one even fooled Isaac Newton.
Haha one of the classic bubbles. Looks absolutely stupid looking back, but I'm pretty sure future generations will look at our bubbles and think the same.
I agree. Looking back, all bubbles look silly. But when you're in one, you feel foolish for not taking part.
Interesting how all bubbles end the same way - when no buyers show up.
I agree. That feeling of being left out when everyone's making vast riches.
I think that bubbles share common indicators , like the end bust you're referring to. The last ones holding the hot potatoes, in your case, the tulips, are always the ones who have to pay for everyone's speculative greed.
Let's just hope the pop's not a devastating supernova. I have a terrible feeling we didn't really fix the previous problem: we just patched up a bubble that has now expanded larger.
Financial engineered markets are here to stay till crypto world takes over in next decade
By that do you mean investing in equities will no longer be profitable, and will be completely replaced by trading cryptocurrencies, or do you think it will be replaces by blockchain-based trading platforms?
We need more decentralization. This is crooked world of world bankers that we are leaving in. Will be interesting to know how many of this bankers own bitcoins ;)
So then I assume that means you think that we'd still be trading equities in the future, but through blockchain technology instead of centralized systems.
How do you think this would prevent the unfair financial machinations you referred to? Wouldn't they just replicate it on the new system? Very curious.
Maybe someone can build a decentralized trading metwork where people can see what the biggies are doing instead of manipulating stuff in their own dark pools.
@hackerwhacker got you a 100.0% @minnowbooster upvote, nice!
Ah I see what you mean. With the blockchain technology, all transactions would be broadcasted to the entire network, so there would be nothing to hide, like in dark pools.
But the dark pools want to remain hidden. Maybe they'll find a different medium of exchange to disguise it. Makes it complicated but given the stakes, worth it.