RE: Calling Bitcoin a Bubble Won't Help. The Bubble Has Made Millionaires Already!
It's everytime as you said the same and same thing over and over again
They called it a bubble when it reached $100.
They called it a bubble when it reached $500.
They called it a bubble when it reached $1000.
They called it a bubble when it reached $2000.
They called it a bubble when it reached $5000.
They called it a bubble when it reached $10000.
the fun part for me is that most of those that speak of bitcoin like this are either people of a certain age that most likely are very used to regular terms of money or just dont want to think outside of the box, either those that when they bitcoin at a low price let's say 100-1000 or even 2000-3000 they didnt buy it and now are mad so the only way for the to feel better is to believe that it's a failure.
Only a couple of people have good and solid arguments about bitcoin value will drop not it will drop very drastically and those gain my respect. i remember 2-3 days ago i think that bitcoin for 11.000$ went 9000+$... thousands of article came out of nowhere with the ''ITS A BUBBLE'' or '' I TOLD YOU SO'' stuff.
anyway great post keep it up!
Hahaha this part has been added for those who are just saying bitcoin like a bubble even seeing its continuous rising value day by day. A lot of thanks bro @filotasriza3 for your wonderful thoughts that you shared.
Well, Bitcoin users are thinking the bitcoin like a conventional stable position in future, and that is right because bitcoin's underlying work is going to be upgraded in November for the increasement of its transaction speed.
Investors are also trying to shift other currencies into bitcoin because its fluidity typically offers the bonus of extra coins. so hope for the best always
haha you get me! and for what we all saw from bitcoin's cash and bitcoin's gold birth nobody has left bitcoin to his doom, all the eyes are around it and a handful of people are trying to make it worth more (11.000$+ till now) so let all the haters keep hating, nobody cares!
And recently, they called it a bubble when it reached $11.400. LOL