It's sad that that's just the way it goes with withdrawing Bitcoin. Now that people are worried about it being a bubble, maybe as they see an increase on its value, they would be most likely to withdraw it before it could be true. This situation could make the withdrawal process much harder.
But I hope it's different with Steem.
That's one of the things that scares me a bit. When the price starts dropping, loads of people are going to want to get out. During these last few week, we've seen exchange suspend withdrawals without having a good excuse. We simply can't be sure that we will be able to get our profits paid out when we want them to be paid out.
That's also the problem with media - it creates a problem that was never there. Now that all are focused on the whole 'Bitcoin is a bubble' thing, it's natural for people to get worried about their money and if they see this issue persisting, they would want to get out while they aren't losing anything yet.
I believe Bitcoin is not a bubble, but people and media make it to be.
probably supported by big corporations and banks that are scared to lose their position. I don't believe in the 'Bubble'-theory either, but I can't rule out that at one point all big players in society that have lots to lose when crypto become mainstream will try to kill it, and they might succeed (maybe they have just a small chance, but a chance is a chance, no matter how big or small)
Exactly! But you know what...I see a great future for cryptocurrency. Time will come we have more power over our money.
I just hope that time will come while we're still alive to tell about it ;-)