Why Bitcoin is Not a Bubble !! for all Crypto Lover's
Bitcoin is still $10,000 NZD each?
The media said this "bubble" will burst.
But last time Bitcoin crashed it went down to hundreds.
Boy did they ever fucking overhype that mass hysteria. It's mostly due to political reasons as big people try to control the markets. At least that's the implication.
The last dip was the start of 2015 close to $200 a pop. Went straight back up.
Source:
https://news.bitcoin.com/is-bitcoin-a-bubble-no-but-things-could-get-wild/
Yes you are probably right partly there is a fear of blockcain technology changing whole monetary system (fear of unknown and harder to control) but mostly they just overreacted to the dip because it gained fame. During the previous dip it was still media wise less known (interesting ) than it is today
I believe bitcoin is the future of currency
no doubt bitcoin is the dad of all altcoins.
It's not a bubble. It's the next generation of money. If clocks jumped from analog to digital, so as what we call currency and money.
I really hope that this isn’t a bubble. I do think that there will be a correction, but then we will go to new highs. I feel like crypto is impossible to accurately predict though.
I’m still traumatized from the 1999 beanie baby bubble pop so i’m always cautious with volatile assets like this 😜.
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