Today, the Internet World is full of people who are called economists who say bitcoin is a "bubble." they seemed to spread fear, uncertainty, and doubt. They say that the bitcoin high price rally will be a disaster. however, it looks like they just hate cryptocurrency. many of these experts do not fully understand bitcoin.
Bitcoin is special. This is not a company that can lose profitability and fail. This is certainly not a speculative real estate scam that could collapse due to government and bank fraud. Bitcoin is something else. Its value does not increase due to market lies. This is increasing because it is a life-changing financial discovery. This increases as more people adopt it.
Bitcoin also grows as a result of basic economy. Its supply is limited to 21 million units and this certainly makes assets scarce. If something is scarce and many people want it, then, its value will eventually increase.
So.. Bitcoin is not Bubble!!
The persons saying bitcoin is bubble are persons which are may be, scammed on individuals which uses bitcoin as medium of the said pyramidding scheme. I think everyone of us her is familiar with RedX, these Pyramiding scheme is the most common and famous at years 2016 and first-second quarter of 2017. In fact, it is very obvious that their is no working product in it, after my friend presents to me the RedX platform, I asked him, how did you earn? And surely if through referral solely, it is really a scam.
And we cannot please everybody. At whatever industry may it be, cryprocurrency, foreign exchange, real estate, their will always be critics and persons saying it is scam or even a bubble.