Post
Topic
Board Bitcoin Discussion
Re: What can i do with Bitcoin?
by
BrewMaster
on 02/03/2017, 16:49:47 UTC
one must not take huge exposure to bitcoins, just with one decision the whole cards can crumble.  there can be huge bubble bursts any moments. its like gambling where you never make rather loosing everything..............................................

this would have only been true if we weer back in 2010-2013 not when we are in 2017.
this would have been true if we only had one exchange with 75% of the volume and the rest small exchanges having the rest.
this would have been true if bitcoin marketcap wasn't 20 billion dollars.
this would have been true if daily trading volume was not 400 million dollars.

bubbles happen in all the markets and they burst but when the market is this big the bubble size is smaller and the burst is smaller too because of the massive demand that is available there to buy it back.