Post
Topic
Board Economics
Re: Is this the end for bitcoins ?
by
Squirtle08
on 07/01/2018, 16:03:22 UTC
Very recently I read an article , which assumed bitcoins to be exactly like the Dutch tulip mania , the Mississippi bubble and the south sea bubble.

The author of that article (which was published in the economic times ) said it's now time to move away from bitcoins , the market has ended and the sooner you forfeit the lesser will be your loss.

What do you guys think about it ?


I doubt that. Have you seen the trend right now? BTC is starting to get back on its track after some massive corrections. If we are to study the previous years' trend you will notice that the same trend is happening. BTC starts the year in a low value then starts to gain momentum as the months pass by. It's true that people are looking for better opportunities in alts but we can't deny the fact that even if that is the case, btc is still very much alive since before we can buy any alts we still have to purchase btc or eth. For me, btc will still continue to thrive.