Thanks grandpa… 
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OMG… See @Jil, I was right all along… people borrowing on margin to buy bitcoin… A bitcoin price crash will wipe those people out like no tomorrow…
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Sell all your stocks and real estate and hide everything under the mattress… 
This is the article I thought was interesting: https://www.fool.com/investing/2017/11/19/wall-streets-hottest-loan-product-borrowing-agains.aspx
"Morgan Stanley (NYSE:MS) clients have borrowed more than $40 billion against their portfolios. Bank of America (NYSE:BAC) has $39.3 billion of these loans outstanding…
The loans are profitable for the banks that underwrite them because losses are few and far between, particularly when asset prices are rising. As a result, Morgan Stanley can charge as little as a 3% spread on top of one-month LIBOR for a client who borrows $1 million. Currently, a borrower would pay about 4.24% in all for such a loan, based on a marketing pamphlet. Those who borrow more than $10 million would get a rate closer to 3.5%, substantially lower than other forms of short-term lending. Bank of America uses a similar tiered pricing schedule.
For wealth managers, interest is only part of the allure. By encouraging their clients to borrow against their holdings, rather than sell them, brokers also retain valuable assets under management. Tally it up, and banks can earn 3% on the loan balance, plus 0.5% to 1% on the assets kept under their management. It is in brokers’ best interest to encourage their clients to borrow against their assets, rather than cash them in, as loan balances and assets under management are key variables in bonus compensation."
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I just found this too…
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Companies that have the word blockchain or other cryptocurrency-linked terms in their names have seen their stock prices soar, similar to the way the addition of “.com” to a corporate name guaranteed a boost during the internet boom two decades ago, as MarketWatch has reported.
On-Line PLC UK:ONL+31.82% , which is planning to change its name to On-Line Blockchain PLC at its next annual meeting, was up 32% and has gained 431% in 2017.
Global Blockchain Technologies Corp. CA:BLOC+10.87% , formerly Carrus Capital Corp., was up 10.4% and has gained 1,613% in 2017.
Hive Blockchain Technologies Ltd. CA:HIVE+20.14% , formerly Leeta Gold Corp., was up 18%; it’s up 2,366% on the year. UBI Blockchain internet Ltd. UBIA-7.57% was up 6%, for a 197.5% gain on the year.
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Bubble just started right? Can last longer than you think so can’t short till it breaks down. Market can stay irrational longer than you can stay solvent.
Lulu, number of traders that use margin always increases as the bull market matures. Margin won’t cause the market to crash but will provide the fuel for the decline, making it hard to stop the decline once started. Margin calls force more margin calls till nearly everybody is out of margin… we call that capitulation.
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You can buy and sell with a credit card… 9500 buy right now
$.39 in 2010…
Really… so a $100 investment back in 2010 would’ve turned you into a millionaire. Oh well… shoulda woulda coulda…
Bubble is not necessarily a bad thing. Human use bubbles to advance our technology. Crypto could be a huge boost to our currency techniques, and maybe security techniques
Yes indeed… quite a few tulip bulb traders made a killing during the tulip mania… at the expense of the masses… This really is a zero sum game…
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How much is spent on monetary regulation? How much is it impeding the economy? Bitcoin could provide people a means to conduct commerce easily and it saves a lot of governmental expense. Your tax bill can be halved if everyone uses Bitcoin to do business
Dot com bust has helped to create our strong internet 2.0 economy
Forget about the personal financial loss. Stock market is the same. I’m intrigued by its high speed advance. One day’s gain in ETH can exceed one year’s gain in stocks. Just imagine, what is it like if you buy 1 less house in 2012 and used that money to buy 200k worth of Bitcoin?
Currency has to be quite stable to be used for commerce. Bitcoin is too volatile.
How?
How?
How?
Selective timeframe comparison is not good. Can always choose a timeframe where A is favored over B, another timeframe where B is favored over A. Somewhere in this forum, manch gave a very good example of this type of selective timeframe comparison, two friends, buying CSCO and houses.
I agree the bubble will probably run more before crashing The magic question is how much more? I have no clue. I just hope it doesn’t get big enough to take everything down with it. Bubbles always form when people use easy credit to buy. There’s people I know that have never bought a stock that are investing in crypto currencies. They don’t know anything about it except there are more and more articles on them as they hit new highs. The fact those people are in might mean the top is closer than we think. They are also the last ones to join and will be left holding the bag when the bubble pops.
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Cryptocurrency bubble is impossible to avoid. Because if you just have a generic index fund, some of those companies making up the index will be lured into investing in blockchain at the end of the day. Stocks will decline alongside the bubble bursting. Everyone will be affected by this craze…
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I think blockchain could be revolutionary technology. The question is how to invest in underlying technology.
Replace Newton with a name, say John.
John invests a bit, say 1k 
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Someone please superimpose the bitcoin price chart onto the south sea chart. 
Bubble ain’t gonna pop until @wuqijun buys in. For the good of mankind @wuqijun needs to buy some.
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Really??? That means the bubble will never pop! Ok people, y’all safe to invest. @manch you really need to buy some for the sake of FOMO…