Hello community,
I have heard some reports that 'someone' has put $1 million on Bitcoin being $50,000 before the end of 2018 and other conflicting reports that Bitcoin is a bubble that is going to burst. I understand this is very much a time will tell kind of question and some may argue that the press has said bitcoin is going to burst/fail since it came out but look at it now... and I understand there may be at least a chance it could be worth $1 million in the future.
What I am asking is what are the big Bitcoin holders thoughts on this are they bailing or are they holding for the long hall, if they are holding can 'The Bitcoin Bubble' really still burst?
I have most of my eggs riding in this crazy but attractive world and would really appreciate inside feedback.
Thanks for reading
I have heard some reports that 'someone' has put $1 million on Bitcoin being $50,000 before the end of 2018 and other conflicting reports that Bitcoin is a bubble that is going to burst. I understand this is very much a time will tell kind of question and some may argue that the press has said bitcoin is going to burst/fail since it came out but look at it now... and I understand there may be at least a chance it could be worth $1 million in the future.
What I am asking is what are the big Bitcoin holders thoughts on this are they bailing or are they holding for the long hall, if they are holding can 'The Bitcoin Bubble' really still burst?
I have most of my eggs riding in this crazy but attractive world and would really appreciate inside feedback.
Thanks for reading
I heard the news that bitcoin market value can be classified as a bubble. Since its value not based on anything real. An economic bubble is traditionally defined as trade. Bitcoin is a bubble it will burst anytime when price will increase more.