RE: The Bitcoin Bubble - How Will it End
Great post Mohanmd,
However, I'd have to argue that bitcoin is not going down and netheire is the cryptocurrency. It's the future and it's hear to stay. Now I will not say much about the fradulant ICO's & Lending platfourms. Karma, will do its thing and get those individuals in the end, if the law doesn't get the first. Haha
Now as far as Bitcoin, an all-time high is coming our way and this is obvious. Just check out the recent interview with CEO of Binance. After relocating out of China to Tokyo Japan, he had to bottleneck registration to 1 Million new users a week. 1 Million new users a week, and that is only one low fee coin exchange.
Yes, I am an investor in cryptocurrency.
I do swing trade the lending platforms tokens / coins not so much into the loaning. For example look at what Davor is doing now with the promoter competiton, its a repeat of Bitconnect.
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That being said, there still is going to be a massive pump in its near future before the downfall. I hope that new ICO's become more transparent, and are held to higher standards while being able to remain decentralized of course. That being said Bitcoin will grow and continue to grow.
In conclusion, it's not so much an argument as it is factual statistics. Look at the news or the stats on how many new people are joining the crypto community. Those people bring friends, relatives, and most importantly new money!
Much love brother, you can check out my crypto videos if you like on my youtube channel. https://www.youtube.com/channel/UCqGrB4W7RYgR1Ijs6e3AD-w
-Samuel