People have been talking about the Bitcoin bubble since it started. And it's a very contentious issue if it is a bubble or not. So, let's just not touch that.
Bitcoin will not burst, explode or disappear from the surface of the planet earth. In the contrary Bitcoin will be more valuable because of the constant increase of the difficulty to resolve the mathematics puzzle.
Also, we need not forget the halving every 4 years, this will result in less bitcoin every 10 minutes. So, whether the Bitcoin bubble bursts or not, it will have nothing to do with the 21 Million limit. This is because it gets progressively harder to mine for Bitcoin and as a result, the remaining 7 Million Bitcoin will take until around 2140 to mine.
Bitcoin won’t be all mined out by 9:40am.
This post received a 73% upvote from @morwhale team thanks to @ghayas! For more information, click here! . this is @originalworks . steem @steemprice BTC
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$4433.15 USD/BTCVolume: 30550.09 BTC ($135433029.0 USD)Last Updated Sun Oct 8 05:42:27 2017Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
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The @OriginalWorks bot has determined this post by @ghayas to be original material and upvoted it!
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Bitcoin will just become more valuable as more people (and money) join the crypto world!
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Exactly! just need more user base and some businesses. TX
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@mrainp420 has voted on behalf of @minnowpond. If you would like to recieve upvotes from minnowpond on all your posts, simply FOLLOW @minnowpond. To be Resteemed to 4k+ followers and upvoted heavier send 0.25SBD to @minnowpond with your posts url as the memo
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As a follower of @followforupvotes this post has been randomly selected and upvoted! Enjoy your upvote and have a great day!
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Great, level headed, insight.
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Thanks :)
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This post received a 3.64% upvote from @randowhale thanks to @ghayas! To learn more, check out @randowhale 101 - Everything You Need to Know!
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You did such a great job dear @ghayas !
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awesome post!
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Funworld: This comment is for your benefit so you don't find others downvoting or flagging you.
Please help keep Steemit free of spam posts.
If you like a post, it is generally sufficient to upvote it unless you want to join in the debate. Asking for upvotes, and follows, or similar requests are frowned upon by the community, as are short similar posts on lots of random blogs.
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The monetary value that steemit brings somehow excites us. But with great people like you around who feel the need to take time out and correct others, they will learn even faster. Thanks :)
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