Bitcoin is a bubble! What you think?
Everytime anyone think Bitcoin is a bubble than Bitcoin shows it's potential.
Now in November 2017 it reaches 7700$(Coinbase). No one predicted it in 2009 or 2010.
If you are new to the crypto currency world and have some questions about it like it is legal or not your money is not safe with inevestment with Bitcoin or other altcoins than you have to know, You'r wrong.
Some people claiming on internet or other places that they got scammed. But the truth behind is not true. Many sites on internet available now that claiming you to double your Bitcoin or cloud mining sites with more profit.
I suggest you that stay away from that type of sites who is claiming to give you profit that is not believable like your investment is return in one month or less.
If you want to get profit from crypto currency than you can trade on exchanges or simply holding it.
If I discuss about Bitcoin in 2017 than:
Current price: 6370$ (coinbase 01.01 AM Sunday 12 Nov)
Starting price in 2017: 970$ ( coinbase Jan 2017)
Highest price in 2017: 7700$ ( coinbase 11.00 PM 8 Nov 2017)
So upto 8× profit in 11 months that is enough to storing your money in banks.
Let's talk about some extra peace of profit: Bitcoin Hard fork
Bitcoin cash (BCH) : 1300$ (highest)
Bitcoin gold (BTG) : 510$ (highest)
SegWit2x (B2X) : Delayed due to some reasons
So if someone have one Bitcoin in starting in 2017 he got 1810$ worth BCH and BTG that is awesome.
So now on 12 November 2017 upto 9.5× profit.
Now you have to decide that Bitcoin is a bubble or not?
So if you like my post please follow @jskvishal upvote, comment and resteemit.
Good advice! If it seems like it's too good of a deal, it's probably a scam.
nice post.thank you
Your welcome.
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