Is Bitcoin the Biggest Bubble IN HISTORY? Bitcoin $700 to $7000 in 1 Year! 70k Bitcoin in 2018?
Derivatives might be the rich kid on the block, but Bitcoin certainly seems to be getting all the attention lately. This technology is in its infancy and yet it has attracted much attention to itself over the past couple years. Where will the price go from here?
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I know this will start some serious back and forth in the comments but:
In your opinion, do you believe BitCoin is in a bubble?
btc is money, value store and more. it goes up in price forever because it is increasingly scarce. You spend some , then what is left in your wallet will again grow in value and end up to be more value than before the spend. not a bubble imho (not investment advice either)
Good points here. We are seeing more adoption of this new technology.
Speculation is happening on fork and some how a new coin split is seen as windfall. I do not understand/agree as I see a split like that hurt bitcoin credibility if splinting keep happening then the claim of limited supply is meaningless.
Good point. Not sure where they are going to go with all of this.
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[steemit](https://steemit.com)Unlike short links this allows the reader to see where they are going by simply hovering over the link before they click on it.I think despite the massive gains Bitcoin still has a lot of room it can move into before it's a full on bubble! Of course severe regulations would put a damper on this, but barring any blackswan events I think Bitcoin and cryptocurrency in general is only going to gain strength over the next several years at least.
Many have predicted 10,000 without stopping. I'm not sure what will happen but it doesn't seem to ever stop. It's just growing and growing.