Why bitcoin prices are not tulip bubbles

Nastak said, "Bitcoin is not a bubble," referring to five reasons why bitcoin prices are not the same as tulip enthusiasts.

Adoption as an investment instrument for legal bidding, merchant acceptance and anxious economy
It is not just the beginning of the bit coin, it is just the beginning, "the spokesman said.

"Since the days of the Internet bubble at the end of 1990, Bitcoin and its digital peers
The revenues we experience in the cryptographic digital space are
I did not see it. "

"Bitcoin, however, is not as fast as the initial Internet stocks and a much more promising growth trajectory.
I have other basic elements "

As in the case of Venezuela and India in 2017, either intentionally or as in Japan,
I saw.

Resilience to FUD

FUD is an acronym for fear, uncertainty and doubt. It is a common marketing term used to cast shadows on competitors when their products can not compete.

The Nasdaq stressed that the situation has begun on a regular basis for the traditional criticism that bitcoin prices will rise too fast and inevitably fall.

"Five years ago, if you were to ask an ordinary person what a bit coin was, they would have seemed embarrassed. Most people today have heard of bit coin, and I know many bit coin's worth more than one ounce.

Mainstream predictors are now seeing the tranding view during November, despite the uncertainties surrounding the SegWit2x hard fork
Noting the record high of $ 6,800, it predicted price increases.

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