Re:Is There a Cryptocurrency Bubble? Just Ask Doge
by mirimir on Sunday September 17, 2017 @12:36AM
(#15268258)
> I think there is a difference between a cryptocurrency bubble and an ICO bubble, and this article fails to distinguish between the two.
Not only that, there's no such thing as a "cryptocurrency bubble". There are bubbles for particular cryptocurrencies. Just as there are bubbles for particular investments. But generalizing isn't meaningful.
And furthermore, a focus on cryptocurrency trading is the fundamental problem. People trade fiat currencies, but they don't (as far as I know) trade any fiat currencies that are primarily used for investment, rather than in commerce.
Me, I just want an electronic currency that can be used anonymously. To get paid, and buy stuff. Because actually, I can't convert with fiat currencies without risking anonymity loss. So it goes.
Not only that, there's no such thing as a "cryptocurrency bubble". There are bubbles for particular cryptocurrencies. Just as there are bubbles for particular investments. But generalizing isn't meaningful.
And furthermore, a focus on cryptocurrency trading is the fundamental problem. People trade fiat currencies, but they don't (as far as I know) trade any fiat currencies that are primarily used for investment, rather than in commerce.
Me, I just want an electronic currency that can be used anonymously. To get paid, and buy stuff. Because actually, I can't convert with fiat currencies without risking anonymity loss. So it goes.