Why Bitcoin is Not a Bubble

in bitcoin •  7 years ago 

Why Bitcoin is Not a Bubble


Do you remember the housing crash of 2008, when the innocents who bought homes thinking they’d make a fortune on soaring prices ended up losing 30 percent on plunging home values? Do you remember the technology stock bubble of early 2000? Until the technology bubble burst, people were euphoric about the pioneers of the fledgling Internet in the 1990s, and figured the gains in technology stocks would never end.

How big will Bitcoin grow?
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That's a good chart. It really shows how amazing Bitcoin and cryptos are in general. Really only less than 1% of the whole world's population is in on it. Just wait until the rest of the people start flooding in. It will be an interesting next 5-10 years! Great post :)