Re: Is Bitcoin a Bubble that is just waiting to pop? 6000/8000!! really?
Hey Guys,
I have invested into BTC quite a bit, when talking to family and friends about its potential etc. many are against it and say it's a bubble waiting to pop.
What are your thought on this? the price has gone ridiculously high from since the beginning of this year and the general vibes on here are that it is going to hit 8000 by year end!
Question is how long before it pops and will it be a be bang drop or gradual ect...
Thanks!
I have invested into BTC quite a bit, when talking to family and friends about its potential etc. many are against it and say it's a bubble waiting to pop.
What are your thought on this? the price has gone ridiculously high from since the beginning of this year and the general vibes on here are that it is going to hit 8000 by year end!
Question is how long before it pops and will it be a be bang drop or gradual ect...
Thanks!
honestly that's like saying gold was in a bubble when it was 1% the price of what Bitcoin is now. Compare the market cap of Gold (or anything, like Bonds) to BTC and you'll see that we are actually early adopters, believe it or not