You are viewing a single comment's thread from:
RE: China's Credit rating downgraded
"Chinese debt is at 260% of Gross domestic product". This is frightening. But whole world is in madness. Maybe this is new reality. Just look at the crypto bubble.
"Chinese debt is at 260% of Gross domestic product". This is frightening. But whole world is in madness. Maybe this is new reality. Just look at the crypto bubble.
Lets hope that we are not facing a bubble yet in crypto. I really have a good feeling about the coming weeks, maybe the price of bitcoin will crash at some point but there are many good alternatives such as steem that dont have network problems like btc. Followed btw :)
Followed you back :). Who will buy all that coins. There are 7 coins with marketcap worth more than billion USD. Steem don't have network problems but there are many others. Who will buy Steem and why? You need to invest 100.000USD to have pathetic voting power. And than what? Voting for yourself just like I do to get something back from that investment.