Post
Topic
Board Bitcoin Discussion
Re: Bitcoin: The World’s Most Dramatic Bubble Ever?
by
SaShiRaJaVu
on 16/11/2017, 21:34:09 UTC
If you look at tech stocks, Apple and Amazon rule the world today. The housing market crashed in 2008, but it has recovered. The price of houses are probably higher today than in 2008. So even if so called pundits agree it is a bubble, holding for the long haul may pay off.
When ever the price of any commodity rises too fast,it is called a bubble and not everything what these pundits say wont end up being the truth,the price of bitcoin is really volatile and whales can manipulate the price and speculation is driving the price to new boundaries and only time will tell whether it was a bubble . Grin