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RE: Bitcoin was NOT in a bubble – the 2017 rise and the 2018 consolidation (Chaos Monitaur–34)

in #bitcoin6 years ago

Really interesting post great work! I think Bitcoin wasn't a bubble but it is potentially easily being pumped and dumped by the 1% rich. I also think the future of Bitcoin very much depends on the team behind it and the future of exploring what the blockchain can really do so u think it is worth a lot if money it's just can people believe and trust in it and will it be marketed that way? What do you think would you agree? Thanks a lot Mark

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P.s. nice reputation 😁😀😁

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I'm not sure that it was being pumped and dumped.

As for the trust, the only reason bitcoin has risen over the 10 years since its genesis block is because it has gained the trust of people. As it gains more and more trust, its value will only increase.

Exactly great point mate I agree.

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I'm not sure that it was being pumped and dumped.

As for the trust, the only reason bitcoin has risen over the 10 years since its genesis block is because it has gained the trust of people. As it gains more and more trust, its value will only increase.