Just a quick thought on talk of bitcoin bubble

in #bitcoin7 years ago

Hello I just wanted to share a quick thought on bitcoin since I imagine this must be a big crypto community. I have seen that there is a lot of talk on a bitcoin bubble. I know a lot of people will disagree with that but that is not why I am writing this. I was wondering could all this be a way to scare people so the price will drop and big hedgefunds and establishment type companies and banks can buy into it?

I have a few reasons as to why I think this might be what is going on. First of all i have seen a lot of talk on a bitcoin bubble ( I feel like more than the normal amount since there is always talk about it). I see mainstream media and hedgefunds along with other establishment type of people coming out and trying to scare people stating that bitcoin is a bubble and fraud, but I don't see these people trying to make it illegal. Could they be trying to manipulate the bitcoin market? Not saying that they can or can't just saying that they are trying. So they can buy at a lower price. This would make sense to me as I also believe that we are close to a dollar recession and they will be trying to run from the dollar soon if it happens. Or could bitcoin really be in a bubble? Any comments, clarification, corrections, and thoughts would be appreciated. I would just like to see how others in the crypto community feel.

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