Post
Topic
Board Bitcoin Discussion
Re: BITCOIN BUBBLE
by
Yakamoto
on 16/06/2019, 18:14:51 UTC
That would be wrong actually to think that it will bring this to zero.
Actually the every step that they take is well thought , people actually hire experts to give advice on it, at the same time I don't think they will be dumb enough to do things to be detrimental for the growth of Bitcoins.
The fact that the price is rising means Its already working , it might not be a bubble but actually something that works great for the future.
It's not a bubble , we are in green actually.
I'm inclined to agree with this statement over claims that we're in a bubble. While there are definitely some signs that we're in a bubble state, the price has actually been rising rather smoothly and hasn't gone parabolic like it has in the past. This isn't a completely natural rise, mind you, but it's a lot better than some of the other moonshots we've experienced. While I would have preferred the price to be based on a more consistent and progressive rise, it is far from being as bad as we've historically seen it be.

Knowing Bitcoin, this rise will be temporary and met with another crash in the future, but there's always a chance that this is more organic and potentially permanent. I wouldn't mind that.