Bitcoin a hot debatable topic for 2017-18. Many people believe that Bitcoin and cryptocurrency will be the future whereas many believe that Bitcoin is a bubble. What's your opinion?
In my opinion Bitcoin is not a bubble because it is not controlled by a single entity. It is totally decentralised and it's price is totally depend upon demand and supply. We can compare it with Gold assets , real estate assets or crude oil.
If Bitcoin is a bubble then why not Gold?
If Bitcoin is a bubble then why not mutual fund?
If Bitcoin is a bubble then why not share market?
Think on it.
Please upvote and share your views in comment
Hi
Interesting question
I think Bitcoin is like all volatile financial instruments, it will have its ups and downs.
I think it is here to stay and it is part of the diversity of life.
Because know one knew for what purpose it was made!!
It is a invention which enables us for peer to peer transaction. It's main motive is to eleminate intermediate person or entity.
Bitcoin is not bubble ..it will be life changing opportunity for people ..
Life is a bubble itself and one day it will definitely burst out.... But we still make efforts to live on... Same goes on Bitcoin... It's everything for believers and nothing for non-believers... I am a believer too 😊
The day is not far away when non believer will also believe on crypto. 😀