Post
Topic
Board Bitcoin Discussion
Re: what is bubble?
by
AmXProX
on 26/10/2017, 05:40:37 UTC
Few years ago some economic specialist says Bitcoin is a huge bubble.
why they said it? and what is the meaning of the bubble?

What consists a bubble? Air and nothing more right.
What they are trying to say is bitcoin is something that is from nothing. Nothing backs the price of bitcoin, unlike fiat with gold reserves that supports its price.