The rise continuessteemCreated with Sketch.

in #bitcoin8 years ago

The question continues - the craze goes on: Bubble or hockey stick adaption?

crypto-currencies_20170524.pngscreenshot taken from the great folks at [CoinMarketCap]

Really - anything seems to just be growing. Could it really be, that we are looking at a new industry?
Or has the fear of missing out (FoMo) kicked in so heavily, that investors are going nuts and the market is overheating?

Somebody said yesterday, "it's no bubble unless hedge fonds enter the market"...but what about new entrants?

I said it before - South Korea is really pumping money into the crypto markets - but on what grounds keeps unknown. Who is it in South Korea? The regular (crypto) Mr. Lee or Kim? Bigger investors? Institutional investors?

Last would hint on the bubble - the smaller the investor, the more adaption - the bigger the investor, the more a bubble....