Bitcoin's 184th Death? Fed Speeds Can Open 'Bubble' Dotcom Style

in bitcoin •  7 years ago  (edited)

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Forbes may collapse after several interest rates rise to repeat the fate of the dotcom bubble !!!

In the mainstream media, BitComin is reported to be able to dive after a few interest rate increases with a dotcom-style apocalypse.

Forbes said last week that "easy money" is coming to the end, and that interest rates from central banks could push Bitcoin down, putting pressure on opportunistic investors.

Issuing states, the possibility of an alleged Bitcoin "bubble" burst will show up after several interest increases.

Panos Mourdoukoutas, Bitcoin, has turned millions of investors into digital currency in the early hours.

"But these investors can lose their millions more quickly than themselves, then some of the market will lose momentum and eventually return in the wrong direction."

Marj calls investors, combining national interest rate currencies with interest rates that form a better profile in the eyes of consumers. This will lead to Bitcoin becoming "less attractive".

Forbes, giving Bitcoin a shot at the upcoming 184th death, made claims before the CME Group announced it would trade Bitcoin futures till the end of the year.

The price of bitcoin has risen in reaction to the news that declared a waste of momentum for the participation of legitimate Wall Street in Bitcoin business.

When it comes to collapsing again, this depends on the Fed's interest rate hikes and the nature of Bitcoin's so-called balloon.

"At least in the early 2000s, that's what sets the dot.com bubble burst scene," Mourdoukoutas said.

The good news for Bitcoin investors is that the Fed is not there yet, even if it's a bubble, it's the 'sweet spot' - usually the time between the first and fourth interest hikes.

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