Post
Topic
Board Trading Discussion
Re: Bitcoin price bubbled?
by
leonix007
on 12/09/2018, 23:58:04 UTC
The main difference between popular "bubbles" like estate bubble, DOTCOMs or tulips in 17th century and Bitcoin, is that in all the aforementioned cases was a moment of overall realising that some asset really worthless. Bitcoin are not confirmed by gold, but it has a value. Even if btc is overpriced, there won't be a large one day drop to $3000, like "expert" said a few days ago. Price may go down, but it will go slow. Thats why its important to track your coins properly. I use https://coinsharbor.com to see all the my coins price movements. Very useful site.

Of course, compared to those aforementioned BTC is much superior

Any things that is moving has its value

BTC doesn't only moves, It creates transactions and markets

an innovation disrupting financial services

The manipulators are so eager to get this things exploited by price