"What if hedge funds buy bitcoin as an investment?"
"What if investors use bitcoin as a store of value?"
"What if bitcoin is used primarily as a currency?"
Bitcoin is not yet used primarly as a currency, and not much investors use bitcoin as a store of value. But in the actual market, the exchange boost the bitcoin price to the moon with new records every day. What's next with this crypto madness? Can we still discuss bitcoin as a Bubble?
Share your ideas about Bitcoin in the actual Market.
I think bitcoin will skyrocket to the moon if it was used as currency. Then will just go back to its price once the hype goes down. From what I have heard of, there are groups of people who were buying and selling at the same time and its affecting the price of bitcoin. Its probably a combination of rich people who doesn't care about money. One thing is for sure, bitcoin will be used more often and the demand will increase each year.