Bitcoin has recently been a hot topic among many people, economist especially. But as it moves towards the $12,000 index many are having doubts as to how stable the market for bitcoin really is. Just recently, an expert from Yale who was considered as Wall Street's most influential economist described it as a dangerous speculative bubble due to its lack of intrinsic underlying economic value to the concept.
Despite the lack of understanding of its mechanics by lots of investors, why and how does it continue to prosper?
Is it really just a bubble? And if it is, when is this bubble going to burst?
As long as investors will not going to pullout because of panic due to plunging value it will not burst to zero. They may say its a bubble, maybe it is, because the value drops but believe me it will not go to zero.. Let just continue believing and invite others to join in that way we can save the crypto world.