Topic: Is bitcoin really a bubble ? Analysis. - page 4. (Read 1285 times)
ITs only a 200 billion marketcap for the entire marketcap of crypto, that is nothing. Look at how much usd there is alone, its over 10 trillion. Crypto will continue to grow while fiat money loses value.
Maybe it is a bubble. 🤣
A lot of bitcoin and crypto commerce is still developing.
News media loves referring to bitcoin as a bubble but if you analyse the data it really doesn't make that much sense.
There are always adjustments in exchange rate markets market when it gets over heated.
Yeah - this is the image that everyone has been looking at recently. But lets put it in perspective. How about reversing the data.
Ouch ! That US$ bubble really popped !
A lot of bitcoin and crypto commerce is still developing. So much in its infancy.
Lets put it into a scale perspective:
Lets look at some other currencies and how they behave:
I know which one I rather own.
https://cointelegraph.com/news/blockshow-announces-blockshow-americas-2018-conference-in-las-vegas-august-20-21
https://www.forbes.com/sites/johnkoetsier/2017/11/07/tim-draper-on-bitcoin-in-5-years-if-you-use-fiat-currency-they-will-laugh-at-you/#108be920576b
https://hackernoon.com/popping-the-bubble-blockchain-and-cryptocurrency-7130156f91b2
https://elementus.io/blog/bitcoin-bubble/
There are always adjustments in exchange rate markets market when it gets over heated.
Yeah - this is the image that everyone has been looking at recently. But lets put it in perspective. How about reversing the data.
Ouch ! That US$ bubble really popped !
A lot of bitcoin and crypto commerce is still developing. So much in its infancy.
Lets put it into a scale perspective:
Lets look at some other currencies and how they behave:
I know which one I rather own.
https://cointelegraph.com/news/blockshow-announces-blockshow-americas-2018-conference-in-las-vegas-august-20-21
https://www.forbes.com/sites/johnkoetsier/2017/11/07/tim-draper-on-bitcoin-in-5-years-if-you-use-fiat-currency-they-will-laugh-at-you/#108be920576b
https://hackernoon.com/popping-the-bubble-blockchain-and-cryptocurrency-7130156f91b2
https://elementus.io/blog/bitcoin-bubble/
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