Is the bitcoin bubble really going to burst?

in #bitcoin7 years ago

I'm seeing all kinds of blogs, articles and comments of late from many connected to the mainstream financial world claiming all kinds of things. According to all these guys bitcoin is heading for a big fall and so will all the other coins as a result. I've seen people even calling digital currency a Ponzi!

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But what do we as the bitcoin and altcoin community really think?

Now personally this talk of $500,000 a bitcoin is wishful thinking and bitcoin really does have some issues that may see it overtaken at some stage but I think that the whole market is on its way to becoming a trillion dollar industry.

Where do you see the future for bitcoin and the altcoin market in general? Drop a comment. Let's get a discussion going.

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Hmmm. I really have diverse views from most people. I believe in the long run, bitcoin will be rise because of countries adoption. In the short term the progra. Is suffering from too much hiccups like huge transaction cost. As such it will decrease in the short term

Maybe that's where the hard fork comes into play hopefully it'll make things better

I think you may be right. Until we see the fork I think we're in for a bumpy ride

it will likely be 100,000 one day. not sure how much beyond that ballpark.

or also 1000000

Sounds very interesting. I think bitcoin will be a minimum of $10k if left to supply and demand, without Government or banking interference. Thanks for posting the info! @jbcoin

I think 10k is doable and realistic. Let's hope the banks leave us to it

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