Post
Topic
Board Economics
Re: Is this the end for bitcoins ?
by
Invester
on 12/04/2018, 06:56:38 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 think you are reading a pessimistic article that is written by a person who is cynical of Bitcoin's growth. Well, Bitcoin is indeed falling down. But it has happened several times already in its several years of existence. And every time Bitcoin falls down, I guess there will be similar kinds of articles that would come out. But in the end, the Bitcoin they predict would die soon will rise once again and surprise them all. Why wouldn't they buy Bitcoins instead?