RE: Cryptocurrencies are not in a Bubble, and here's why:

You are viewing a single comment's thread from:

Cryptocurrencies are not in a Bubble, and here's why:

in cryptocurrency •  7 years ago 

Not saying that crypto is a bubble (I actually think the opposite), but in many ways, it's is the perfect "bubble". The more its price rises, the more incentives people have to build on top of it, which then adds value, causing the price to rise. For those who have read any Soros, its the perfect reflexive asset.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  
  ·  7 years ago (edited)

Great point. The price rise almost helps build it's fundamental value in a way.