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RE: Is Bitcoin a Bubble?

in #bitcoin7 years ago

Short-term bubble yes. It had no proper correction when it hit recent bottom of $1800 after reaching $5K. There can be correction to $5K, how long it will sustain this $11.2K. Also, technically, there are other coins that has better utilities and fundamentals, they need some love form BTC investors/

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Bitcoin had come and will go also. But it will fulfill its function as a first mover. It already don that!
But I bet on DPOS algorithm blockchains. They have really big tech potential.

My post https://steemit.com/cryptocurriences/@tombort/bitcoin-is-on-olympus-but-what-hat-come-up-must-once-come-down explains in more details why BitShares, Steem, EOS and other DPOSs can be the next runers in the crypto relay race.

Please review and coment.

Upvoted this post, its coool!

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