Post
Topic
Board Economics
Re: BITCOIN IS NOT BUBBLE!!
by
htconem7
on 02/07/2018, 13:02:56 UTC
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!!
I believe that at this time it is possible to assert that the bitcoin is exactly the bubble. Bitcoin prices have fallen sharply over the past few days and are now heading for the $ 6000 level. The bitcoin market is shaking, and the market is slowly falling into recession. The global recession has led to bitcoin prices going down in the long run.