Post
Topic
Board Economics
Re: is it a bubble?
by
mcguire1905
on 26/01/2018, 03:32:21 UTC
many people say that bitcoin bubble, honestly I still do not understand what is meant by the term bubble earlier?

until now I am still curious


It is possible that Bitcoin is a bubble -- One sign of a bubble is the absence of rational reasoning motivating buyers; they buy because the asset is going up.
Some say it will ultimately reach 100K before heading towards a major crash. And then its likely to rise again to yet an even higher amount than it was before.