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 like a bubble where it can expand and then suddenly can popped. But I am sure that it is not like a bubble because bitcoin has been here for almost a decade. And it can be considered as a strong investment so it is not what like other people are thinking. As a newbie and new to cryptocurrency, you might think that way. Panicked about its current price. But I still believe with bitcoin, its price will still goes up.
Its been almost more than a decade since bitcoin has been introduced and by seeing the graph of it, it is evident that the values of bitcoin are increasing and decreasing just like other businesses. So the bitcoin business is the same as many others of this kind, its value depends upon shares and market values and number of investors. So it is not a wise statement to use that the bitcoin is a bubble. Many companies getting involved in bitcoin, governments thinking to legalize it, all are an evidence that it is not merely a bubble.