Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: roykiyosi on October 01, 2018, 12:24:33 PM
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"What if hedge funds buy bitcoin as an investment?"
"What if investors use bitcoin as a store of value?"
"What if bitcoin is used primarily as a currency?"
Bitcoin is not yet used primarly as a currency, and not much investors use bitcoin as a store of value. But in the actual market, the exchange boost the bitcoin price to the moon with new records every day. What's next with this crypto madness? Can we still discuss bitcoin as a Bubble?
Share your ideas about Bitcoin in the actual Market.
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I don't consider bitcoin any bubble. Just its price increases or falls depending on the balance of supply and demand in the market, but Bitcoin is still interesting to many people, investors, traders, banks and businesses. Every day, interest in Bitcoin is growing, and the infrastructure is expanding, so I believe that Bitcoin has a great future.
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I think if many investors save in the form of bitcoin, the price of bitcoin will increase, and I think bitcoin will continue to be a bubble in trade.
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Bitcoin is not a buble because bitcoin is a digital currency that has been legalized by several countries. The rise and fall of bitcoin prices is influenced by supplay and demand. So the cycle of the rise and fall of bitcoin prices is not a bubble that is ready to explode at any time.