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RE: Bitcoin, Ethereum, Bitcoin Cash, Ripple, IOTA, Litecoin, Dash: Price Analysis, December 20

in #bitcoin7 years ago

"When stock prices of companies surge, just by adding the word ‘cryptocurrency’ or ‘Bitcoin’ to their name"

This is something that can not be underestimated. It shows how volatile this market is. When you take a close look at Bitcoin you can see it's actually pretty useless for its intended purpose, yet people either don't care or don't know and buy anyway based off the profits they have seen others making. It is 100% a bubble.