Post
Topic
Board Bitcoin Discussion
Re: BITCOIN A BUBBLE? PRINTED MONEY IS
by
Coyster
on 22/10/2018, 13:46:12 UTC
NOTE: I started this topic yesterday but today I found out it was deleted by me!
(of course I didn't deleted it) so i restart it.
The post was probably trashed,(put in the waste bin) by one of our MODs due to the fact that it's probably unhelpful

Bitcoin is not in any competition with Fiat,noobs get that feeling that there's some sort of battle for supremacy between the both currencies
Bitcoin was called a bubble simply because it has the ability to rise to 200kUSD and fall to --7kUSD that same week, you would be right referring to something as volatile as that a bubble(that could burst)

Fiat is a much more stable currency which holds the economy of a nation,and controlled by the CB of that very country
Fiat is no bubble as it doesn't rise sporadically and fall the very same way it did rise