Thursday, December 28, 2017

Bitcoin Bubble Popping

### Bitcoin Bubble Popping Time Again Reflecting on 2017 and Prior Years. Know where we coming from to know where we are going. ![Bubbles](https://financialpostcom.files.wordpress.com/2017/12/1222bubbles.jpg) You just have to love the naysayers of Wall Street (who collapsed Fiat currencies of the world with hedging funds and dodgy money) shout the loudest about **Bitcoin** not having a tangible value, well what is technology. #### OK how do we equate value to an intangible like Bitcoin? When people went to the moon, other than some awesome photography, what did the tax payers of America actually get. _"Well move over rover, technology, me thinks..."_ Huge moves in technology fields came out and have been used since that first walk on the moon, 48 years ago. 1st Walk on the Moon Inventions: [https://www.azcentral.com/story/news/local/arizona-science/2017/07/19/48th-anniversary-apollo-11-moon-landing-nasa-lunar-reconnaissance-orbiter/479525001/](https://www.azcentral.com/story/news/local/arizona-science/2017/07/19/48th-anniversary-apollo-11-moon-landing-nasa-lunar-reconnaissance-orbiter/479525001/ "Technology Inventions") Dozens of innovations were developed, later improved upon and are still being used today. >For instance, NASA's "cool suit" technology developed for astronauts is used by hazardous-material workers and firefighters. >Medical technology that originated in the Apollo missions was used to create a programmable system where doctors communicate with pacemakers through wireless signals. >Some inventions have become household commodities. >NASA was an early developer of cordless devices, which today are almost taken for granted in electric screwdrivers and drills.
![Superior Coin Alt-Currency](https://joan1911.files.wordpress.com/2017/12/sc6.jpg)
Prior the Moon Walk we did not have this technology, why today after Fiat currencies have fallen, are we not changing FinTech? Surely **Bitcoin** is a valuable new technology **_(actually it is the blockchain technology that holds the value)_** _Interesting articles_ - James Faucette still trying to figure out Bitcoin value: [https://www.thesun.co.uk/news/5218726/bitcoin-real-value-zero-morgan-stanley-analysts-12k/](https://www.thesun.co.uk/news/5218726/bitcoin-real-value-zero-morgan-stanley-analysts-12k/ "Bitcoin Zero Value") Know where we coming from with **Fiat Currencies,** Jim Rickards: [http://www.businessinsider.com/jim-rickards-interview-global-financial-crisis-gold-fed-2017-11](http://www.businessinsider.com/jim-rickards-interview-global-financial-crisis-gold-fed-2017-11 "Gold Backed Banking") About realistic news about both tangible and intangible assets, one being Marijuana the other is **Bitcoin**, I love it when someone tries to make sense of a crazy world. **Predictions for 2018:** _Article in full:_ [http://business.financialpost.com/investing/investing-pro/beware-of-bubbles-bet-on-takeovers-and-more-fearless-market-predictions-for-2018](http://business.financialpost.com/investing/investing-pro/beware-of-bubbles-bet-on-takeovers-and-more-fearless-market-predictions-for-2018 "Bubbles and Fearless Market Predictions for 2018")
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Bitcoin Bubble Popping posted first on https://steemit.com/@hilarski

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