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RE: Is Bitcoin the next tulip bulb
You cannot have a bubble in an asset BEFORE Wall Street arrives.
Bubble only happen after they are heavily involved since they create them.
You cannot have a bubble in an asset BEFORE Wall Street arrives.
Bubble only happen after they are heavily involved since they create them.
I agree to some extent, but if you look at the life span of Bitcoin you can see the makings of a bubble. At the start of 2017 the majority of people who invested in BTC invested in it because of the technology. Now most people I talk to don't understand the technology they are investing because of the speculation of what the price will become. Once Wall Street steps if its not already a bubble starting to form it most likely will turn into one, because that's is what they are good at.