Re:Easiest Path to Riches on the Web? An Initial Coin Offering
by pascalxus on Monday June 26, 2017 @12:38PM
(#14638090)
Welcome to the everything bubble. For those of us keeping a list, here it is:
- Government spending/borrowing bubble
- Education Loans bubble
- Housing bubble (at least in CA, but also worldwide to some degree)
- Bit coin, Ethereum, Coin bubble
- Stock market looks a bit frothy too - all the leading technical indicators show things won't be too rosy for the next 10 years.
Did I miss any?
Re:Easiest Path to Riches on the Web? An Initial Coin Offering
by RikNieu on Monday June 26, 2017 @03:59PM
(#14639843)
Gold? How's gold doing?
Re:Easiest Path to Riches on the Web? An Initial Coin Offering
by dmichulke on Monday June 26, 2017 @07:00AM
(#14635767)
> Real money has never been cheaper than it is now.
As strange as it sounds, this is indeed the case.
The cost of money is measured in $ per $ (or actually currency per currency) which is a percentage also known as interest rate.
There are no known records of any time in history where interest rates were negative. Sure, only banks can "get" these but they will do and hand them to the next by investing in his asset.
No, there aren't. Real money has never been cheaper than it is now. Never in human history. USD, Euros, JPY, etc. Super cheaper. Low single digits to borrow. Anyone doing an 'ICO' is trying to cash out at your expense, big time.