Our two cents on bitcoin - Transtrend bitcoin official website

Our two cents on bitcoin – Transtrend bitcoin official website

The fact

That it is a bubble right now doesn’t mean that bitcoin and/or other

Crypto-currencies cannot ultimately succeed. Here in the netherlands, 380 years

After the bursting of the original tulip bubble, many dutch enterprises continue

To flourish in the tulip business. In britain, 180 years after railway mania

Came to an end, there still is a functioning railway system. And in our modern

World, 15 years after the dot-com bubble burst, internet is more popular than

It has ever been. As a matter of fact, one of the dominant stock market trends

In 2017 is driven by more and more people buying things online instead of in a brick-and-mortar

Shop.

The fact

That it is a bubble also doesn’t mean that investors cannot make money by

Trading it. Over at transtrend we are just a little bit too young, so we missed

bitcoin official website

The tulip bubble and railway mania. But we did participate in the dot-com

Bubble. As did most investors of our age, because while the bubble inflated these

‘internet stocks’ formed a growing share of the major stock indices, such as

The nasdaq. With our diversified trend program we may have made some money in

The bubble’s inflation. And we most certainly did profit from it when it burst around

The second half of 2000. The same holds for the housing bubble of the following

Years, which developed into the credit crisis when it burst in 2007. Needless

To say, this is not indicative of any future results.

Bubbles are

Of all times. They seem to be an ineradicable integral part of the way financial

Markets function. They are a phenomenon that we as investors have to deal with.

At the moment we are witnessing the hallmarks of bubbles, also in some markets

bitcoin official website

That are not at all related to bitcoin. Unfortunately the financial markets cannot

Be divided into one area displaying bubbles, and another area that is

Insensitive to them. The consequence is that simply not trading the markets

That express them will offer no protection from the damage that bursting

Bubbles cause.

This is

Also the case for bitcoin. Now futures on bitcoins have started to be traded on

The CBOE and the CME, the chance that an eventual burst of the bitcoin bubble

Will affect other investments has increased significantly. The problem with

Bubbles bursting is that they always go hand in hand with overly speculative

Investors losing more than they possess. That poses a risk to clearing brokers

And clearing houses. And therefore also to other investors who deposited part

Of their funds at these places.Bitcoin official website in this respect, we fully understand and

Welcome the decision of the clearing brokers that transtrend works with not to clear

Bitcoin futures for now.

The fact

That it is a bubble right now doesn’t mean that bitcoin and/or other

Crypto-currencies cannot ultimately succeed. Here in the netherlands, 380 years

After the bursting of the original tulip bubble, many dutch enterprises continue

To flourish in the tulip business. In britain, 180 years after railway mania

Came to an end, there still is a functioning railway system. And in our modern

World, 15 years after the dot-com bubble burst, internet is more popular than

It has ever been. As a matter of fact, one of the dominant stock market trends

In 2017 is driven by more and more people buying things online instead of in a brick-and-mortar

Shop.

The fact

bitcoin official website

That it is a bubble also doesn’t mean that investors cannot make money by

Trading it. Over at transtrend we are just a little bit too young, so we missed

The tulip bubble and railway mania. But we did participate in the dot-com

Bubble. As did most investors of our age, because while the bubble inflated these

‘internet stocks’ formed a growing share of the major stock indices, such as

The nasdaq. With our diversified trend program we may have made some money in

The bubble’s inflation. And we most certainly did profit from it when it burst around

The second half of 2000. The same holds for the housing bubble of the following

Years, which developed into the credit crisis when it burst in 2007. Needless

To say, this is not indicative of any future results.

Bubbles are

Of all times. They seem to be an ineradicable integral part of the way financial

bitcoin official website

Markets function. They are a phenomenon that we as investors have to deal with.

At the moment we are witnessing the hallmarks of bubbles, also in some markets

That are not at all related to bitcoin. Unfortunately the financial markets cannot

Be divided into one area displaying bubbles, and another area that is

Insensitive to them. The consequence is that simply not trading the markets

That express them will offer no protection from the damage that bursting

Bubbles cause.

This is

Also the case for bitcoin. Now futures on bitcoins have started to be traded on

The CBOE and the CME, the chance that an eventual burst of the bitcoin bubble

Will affect other investments has increased significantly. The problem with

Bubbles bursting is that they always go hand in hand with overly speculative

Investors losing more than they possess.Bitcoin official website that poses a risk to clearing brokers

And clearing houses. And therefore also to other investors who deposited part

Of their funds at these places. In this respect, we fully understand and

Welcome the decision of the clearing brokers that transtrend works with not to clear

Bitcoin futures for now.