Bitcoin is a bubble? Is it coming?

in bitcoin •  7 years ago 

Someone said that bitcoin will be our new currency.
However, to be the new currency, there should be 3 rules.

  1. Money should not fluctuate
  2. Government should control money according to situations of the country
  3. Government should get paid as the name of tax

But, Bitcoin has been fluctuating frequently and it is aiming to be an international currency, so the government would not control it. Interestingly, the government of USA is considering to introduce the tax. (because it is now very big market)

We all do not know future! However, we could know future from the history.

bubble graph.jpg

Some people might know about some of them. Yes, that is the chart, which was about biggest bubble before. Our bitcoin recorded the highest point and it is getting down.

Of course, Bitcoin is proven as very secure virtual money and has some properties to be our next virtual currency. But, not this way. It is too much. It needs some time to be agreed by people, government, and our current system.

Maybe next year, we might not see the Bitcoin, but I am pretty sure that we will see again in the future soon.

I am an international student who is studying at the university and started writing posts to make a money for tuition and daily life. Do not be worry too much. I am doing part-time jobs and like writing and sharing what I know to people although I am not good at English. This is my first post, but I will frequently cover many issues, about machine learning, virtual environment, etc. I hope this post might be helpful to expand your knowledge of Bitcoin. See you soon and please remember my ID!

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