Hello there,
do you think Bitcoin is a bubble and if yes, will it burst soon? The technical disadvantages of BTC are grave and only disadvantageous for the whole altcoin market .. but if Bitcoin plumps, will altcoins, too?
During the last weeks the BTC dominance of the market decreased steadily and also the media and investors now know the advantages of many altcoins (esp. in the top 20).
Will the belief in altcoin advantages prevent the bubble from bursting? Or will everything go down when BTC decreases?
What do you think?
That bubble thing in bitcoin is always present everytime bitcoin price was pumping. How come this bubble doesn't popped out? Meaning there is no bubble.
Decreased of dominance of BTC during the past days can't just be based because of the last weeks drop. Just imagine how well the bitcoin price performed this year. We entered 2017 at $1,000 so I think current bitcoin price is already a good reward.