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Bitcoin IS in a Bubble

Bitcoin IS in a Bubble

Precisely for what this guy is writing about.

Bitcoin is not a bubble, contrary to the dishonest and non-factual claims of bank executives. There was a bubble in Bitcoin in 2013 when the demand for Bitcoin rose to a point where the market could no longer support it and the Bitcoin price crashed from $1,300 to $200. But, it is not accurate to call Bitcoin itself a bubble, the same way it is not accurate to describe Amazon or Tesla a bubble. via Coin Telegraph

This reminds me of the DotCom and Real Estate boom with everyone saying that this time it’s different.”

Posted on 10/11/2017   #Social  

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