Bitcoin Bubble Will It Crash
Well today i just read something saying bitcoin has gone parabolic due to the state that the value is only perception and the Crypto is backed by nothing but speculative value and perception. What do I think well first I think the technology is great and instead of people thinking this will crash eventually people need to start thinking positive use cases like paying for things like payment processing systems. Think about it if i could use bitcoin in the consumer market and pay for things would it not benefit me. Also this presents opportunity in third world countries the internet and peer to peer networks with cryptography that is by far ahead of its time by eons. Now why would i wait 7 days for a bank transfer when i could give my grandmother or (mother) my payment address or them give me theirs and have the transaction take only a few minutes. Basically what im saying is people should stop debating about what it cant do and build upon it and create a useful world where it can work.
Thank You.
It is no bubble but it will crash if that strain that is currently on the network doesn't let up. check out my article Bitcoin as a bus
It is no bubble but it will crash if that strain that is currently on the network doesn't let up. check out my article Bitcoin as a bus