RE: Swiss bank says Bitcoin is a "speculative bubble"

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Swiss bank says Bitcoin is a "speculative bubble"

in bitcoin •  7 years ago 

Well, whatever people call it, people will buy people will trade it. No matter what ! Isn't it ?

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I think people will buy as long as the currencies continue to rise or at least remain stable in a certain price range. To be a bubble, the "product" does not have to have intrinsic value and when people realize that, when they start to be afraid and sell, then the price collapses and what you have is worth nothing