Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: cryptorakibul on January 17, 2018, 05:36:58 PM
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Quote from: http://www.naturalnews.com/055447_stock_market_crash_bubble_economy_Wall_Street.html
Author Charles Dickens' classic, A Tale of Two Cities, begins this way: "It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness ... ."
According to one stock market analytical firm, GMO, today's market behavior resembles Dickens' book, which was published in 1859 and was set during the time of the French Revolution some seven decades earlier.
As the firm noted, in recent days much of the investing and financial world was focused on a meeting in Jackson Hole, Wyoming, attended by Federal Reserve chairperson Janet Yellen. But GMO analysts were watching other things and events happening in the market.
In August, the firm noted in its monthly report – reproduced in part by Zero Hedge – that Shiller P/E, a respected metric for measuring U.S. equities valuation, surpassed 27. Given that normally its range is somewhere slightly above 16, it appears that valuations are looking a bit larger than they should be.
What's more, GMO noted, the last time the Shiller P/E was above 27 was in October 2007, "and we all know how that movie ended," the GMO report said.
'A tale of mediocrity, at best'
And though no one at the analytical firm is saying that the nation and the world are set to experience another Great Recession and near-meltdown of the global economic order – and nothing is written in stone saying that stocks are not allowed to become more expensive – "we continue to maintain our bias against U.S. stocks," the firm said in its report.
At the same time, the firm said, it was tracking a widening disconnect between fundamentals of the U.S. economy, corporate America and their stocks. "It really is a tale of two cities," the analytics firms said, "one of mediocre fundamentals versus a meteoric rise in markets."
In assembling some relevant metrics pertaining to the overall health of the economy and some top-line/bottom-line figures from the S&P 500 index, the firm looked at gross domestic product growth, productivity and household income, in addition to some others like revenue and earnings for U.S. stocks, just to round out the assessment.
"It is a tale of mediocrity, at best," the firm wrote in its report.
After that, analysts contrasted those metrics with actual market returns of the S&P 500 Index spanning the past five years. "Truly meteoric," the firm wrote, adding this caveat: "As an aside, we at GMO have always been leery of drawing too many investment conclusions from staring at economic data–we are more valuation-oriented, after all–but even we are struck by the divergence."
Read more at http://www.naturalnews.com/055447_stock_market_crash_bubble_economy_Wall_Street.html.
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Although there are various real investments, but bitcoin is still a superior investment. Large crypto merchant trust will still be the main reason for bitcoin to continue to increase its position. In other words, bitcoin is a good investment.
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Bitcoin is a good investment because we can control our own investment. In addition, we have complete control over our investments. And more importantly, bitcoin price fluctuations are very sharp. We can take advantage of these price fluctuations.
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In my personal analysis bitcoin is good investment now, because the price of bitcoin is very cheap compared with the last year on 2017 and don't forget the price of bitcoin will rise up again in the future. The other reason many people who know about the bitcoin so they will make investment in bitcoin too, bitcoin is first cryptocurrency in the world it is just about the until be addopted by all of people around the world.
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In my personal analysis bitcoin is good investment now, because the price of bitcoin is very cheap compared with the last year on 2017 and don't forget the price of bitcoin will rise up again in the future. The other reason many people who know about the bitcoin so they will make investment in bitcoin too, bitcoin is first cryptocurrency in the world it is just about the until be addopted by all of people around the world.
There are two questions one should think through this time:
1. Will Bitcoin turn into a long-term trusted retail outlet of value?
Whether one should invest on bitcoin or not will depend on whether you think that Bitcoin can be a long-term trusted retail store of value.
If it does turn into a long-term trusted retail outlet of worth, BTC should craft around $2,000,000 a coin (depending how many coins are lost and so are actually in circulation). That is definitely over 100x the selling price of where BTC is today.
If BTC will not become a long lasting trusted store of benefit, its likely price will be near anti- (unless it becomes a "awesome" collectible... which is a possibility).
So if you believe BTC includes a 10% chance of becoming a long-term trusted retailer of value, it is a good expense with a pleasant expected go back. It is still very risky but professional buyers should invest some tiny portion of their profile in this case.
If you think BTC has a 1% chance to become a long-term trusted shop of value, you should not invest.
If you think BTC includes a 0.001% potential for learning to be a long-term trusted store of value, you may consider a short.
2. Bitcoin is a faith... how good will be the evangelists?
Like all shops of value and collectibles, Bitcoin is a religious beliefs. It is like magic or a Rembrandt painting... it has no cash passes so its worth is only what others believe it should be.
And like all religions, Bitcoin has evangelists and early disciples.
Bitcoin has a handful of things going for it in this context:
1. The savior, Satoshi Nakamoto, is normally unknown and potentially certainly not alive anymore. So we are able to only attribute wonderful points to Satoshi and cannot find her/his faults. If Satoshi Nakamoto finally becomes known, it'll help to make it harder for Bitcoin to turn into a true religion which harder to turn into a long-term retailer of value.
2. Early bitcoin disciples and lovers are super smart, great at marketing, and mainly were already incredibly wealthy before bitcoin. There happen to be about 1000 people that were incredibly early general population Bitcoin backers... at least 50 of whom had been already worth over $100 million before they got into Bitcoin (and some were billionaires). These people are incredible connected, sensible, media savvy, great at PR, and utilized into the environment of finance (some manage large financial organizations). They will be "rebels" in a perception but they are likewise very much portion of the business. They have the ability to help acquire Bitcoin to move mainstream.
Should you invest found in Bitcoin?
I'm not heading to give information on that. In possibly the best-case circumstance, Bitcoin is incredibly risky ... so if you carry out invest, you should move in expecting to get rid of all of it.
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Large crypto merchant trust will still be the main reason for bitcoin to continue to increase its position. In other words, bitcoin is a good investment
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Bitcoin is now one of the best investments, because this coin is unique, and its uniqueness is that it appeared first on the crypto market. The price of bitcoin, whether we like it or not, will sooner or later pass the mark of $ 20,000 and break out, then many will realize that they have not invested now
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because bitcoin provides work and additional income. so many people make bitcoin a place to store their assets. even bitcoin changes their economic life better than before
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Because freedom, thats my opinion. Government can track or control bitcoin so its a freedom and anonymous currency that better than some fiat.
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Bitcoin is still a good investment now because this coin is absolutely performing well in the crypto market. This coin could give us more and earn more profit in the near future if we invest this for a long term.
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Actualy bitcoin is good investment as of today its because he is so popular in the whole world. If you invest your money now then a few months later your money can be 2x in your own capital. But im not sugesting that you will invest all your money in bitcoin thats not a wise move we know bitcoin is good but we still dont know what will happen in the future.
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bitcoin has greater power to attract investors into it, in other words, bitcoin is the source of water that is in desperate need of it. All will flock to bitcoin. And I'm sure bitcoin will become the king of investment in the future
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Because investing in bitcoin is safe and can be stored in a personal wallet. In addition, bitcoin cannot be counterfeited like other digital money. And more importantly, bitcoin can provide better returns than ordinary investment.