Bitcoin's Path To $1 Million: Why This Bubble Is Not Bursting Anytime Soon

in dtube •  7 years ago 

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Since Bitcoin's first commercial "pizza transaction" in 2010, the price has skyrocketed by over 500,000,000%.
So, it's natural for many people to believe that Bitcoin is a massive bubble.

People may actually be paying for their pizzas with Bitcoin once again, but this time using extremely small portions of their Bitcoins.

Lots of people have heard of Bitcoin, lots of people have an opinion on Bitcoin, but surprisingly, not that many people own Bitcoin.

I've never witnessed a bubble that had a relatively low participation rate, was largely decoupled from Wall Street, and had so many people convinced that it was a bubble

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Free vote for you! Yay!

Whether bitcoin bubbles or not, it had carved its name in the reshaping of means of exchange. Bitcoin is the father of all cryptos

Bitcoin ain't a bubble but if the dev team does not do something about the high transaction fees soon, its upward trajectory would be seriously impacted.

I too believe that BTC would not burst, but... I also believe that sooner or later it will have its successor. Maybe BTC Cash, maybe Etherum or maybe some other coin, but I think that eventually it will be overtaken ;-)