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?
In spite of the fact that Bitcoin looks like perfect investment until now and you may be in a rush to put your cash into it, hang on and please read the following section first. Knowing there is no Bitcoin bubble doesn't mean there are no different dangers and obviously cost dependably , pretty much, changes.