People have been talking about the Bitcoin bubble since it started. And it's a very contentious issue if it is a bubble or not. So, let's just not touch that.
Bitcoin will not burst, explode or disappear from the surface of the planet earth. In the contrary Bitcoin will be more valuable because of the constant increase of the difficulty to resolve the mathematics puzzle.
Also, we need not forget the halving every 4 years, this will result in less bitcoin every 10 minutes. So, whether the Bitcoin bubble bursts or not, it will have nothing to do with the 21 Million limit. This is because it gets progressively harder to mine for Bitcoin and as a result, the remaining 7 Million Bitcoin will take until around 2140 to mine.
Bitcoin won’t be all mined out by 9:40am.
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Bitcoin will just become more valuable as more people (and money) join the crypto world!
Exactly! just need more user base and some businesses. TX
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Great, level headed, insight.
Thanks :)
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You did such a great job dear @ghayas !
awesome post!
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The monetary value that steemit brings somehow excites us. But with great people like you around who feel the need to take time out and correct others, they will learn even faster. Thanks :)