Is Bitcoin REALLY In A Bubble? Let's Have A Look!

in #crypto-news7 years ago

Is Bitcoin In A Bubble? Let's Talk It Out!

Sources:
https://www.coindesk.com/real-bubble-billionaire-warren-buffett-doubles-bitcoin-doubt/
http://www.nasdaq.com/article/five-reasons-why-bitcoin-is-not-a-bubble-cm864891
http://www.macrotrends.net/1320/nasdaq-historical-chart


Follow me on Steemit: https://steemit.com/@cryptogordo

Follow me on Twitter: https://twitter.com/CryptoGordo


Support The Channel:

BTC - 185iEQxwbCB7gijfchmizE9MGLqwbA7jYj
ETH or ETH-Based Tokens: 0xB703E2b82e849B824B4901cdfe8bb4aF096cFF1a
LTC - LfVmQ4o7wqW9KJgwWzghth7YEKZEnwzggP
NEM - NCPAPS-7KEPSY-LFPIKB-TODHJG-CG3P67-XNTTQC-WE3M

"Disregard Fiat, Acquire Bitcoin"

Sort:  

I hate to say anything negative about Bitcoin because it has done so much for my family, however one day when 90% of the Bitcoin has been mined the difficulty will be too much any many miners will give up mining. When the miners stop mining Bitcoin, the transfer fees will be very high and that will lead to the price tanking. If they have no contingency for this, it will be the "Bubble" that they are all calling for. However, Bitcoin is just the proof of concept, I think at that point another coin may take the number one spot I see Vert Coin filling this spot.

Saw you on Youtube. Great stuff man. Keep it up!

Coin Marketplace

STEEM 0.17
TRX 0.16
JST 0.029
BTC 75243.81
ETH 2872.09
USDT 1.00
SBD 2.49