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RE: Calling Bitcoin a Bubble Won't Help. The Bubble Has Made Millionaires Already!
People who call Bitcoin and Cryptocurrencies just fluff, don't realize that there is this whole Blockchain technology behind it, which actually enables decentralized handling of transactions and storage! So, yes, far from a bubble, I would say.
Dude, the big players dont think blockchain is a fluff, only its prices. And the good ones have some solid argument, but in the end its all a great game of guessing the Future on both sides.
What Will define the bitcoin Future if people will start using the blockchain in everyday stuff.
My personal guess os that blockchain Will in the end be integrated in some way on our daily lives, and the bitcoin Will have a Very high value due to its pioneering, but wont be the blockchain we will use
The demand for the asset is huge BTC price is going higher, and in most cases there are 20 buyers for every one seller. so its worth is going good because blockchain promissed to support fully in future as well so lets see what happens next@phgnomo
Indeed, and the demand will probably increase in lots of years to come. But at some point it will get kind of stable.
But there is a lot of other projects appearing that might have better usability than bitcoin, and that cost a lot less to process.
I dont think its wrong to compare bitcoin with gold, but in the future we will have options that works a lot more like the money we have nowdays.
A global network of computers uses blockchain technology to jointly manage the database that records Bitcoin transactions. It’s cool currency with its increasing value which is really attracting the people.
thanks for your nice comment bro @hmushtaq