RE: Bitcoin Bubble or Desperation or Just a Non Bubble

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Bitcoin Bubble or Desperation or Just a Non Bubble

in bitcoin •  7 years ago 

I think these people that keep saying it's a bubble haven't yet changed their way of thinking. They're applying olde economic rules to a new economic technology.

By no means am I an expert on finances but it doesn't seem to me like many of these people understand this new world because they're so wrapped up in the mechanisms of the olde.

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People are always afraid of what is new and as you say does not follow the norm in terms of paradigm.