RE: Don't panic on selling Bitcoin. Bubble is still in the formation

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Don't panic on selling Bitcoin. Bubble is still in the formation

in bitcoin •  8 years ago 

A bubble? Not a nice word to associate with a currency.

Of course maybe you mean the boom and bust cycle of economies?

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Yea. Bubble is not a good word. What I mean is no matter why the price goes up, even if it is reasonable, if it goes up too fast, the majority would prefer selling it, which will eventually cause a decline. I personally think Bitcoin is still under value even if it reached 10000 USD.