Subscribe for notification
Bitcoin Casino News

The Bitcoin Boom September Not Be A Bubble And Here’s Why

Bitcoin Boom

With the price of Bitcoin skyrocketing it makes other investment returns look dreadful and is out performing the market by a staggering rate. It is not just this year you would have made huge returns if you had bought BTC. It has consistently now been the best asset for the last three years.

There are still many that question the viability of Bitcoin and think the price is a bubble. Below are some of the reasons why the Bitcoin Boom may not be a bubble. I predict it will be over the $3,000 mark before the end of 2017.


Strictly 18+ Only. Bonus Terms and Conditions Apply. Gamble Responsible. Sponsored.

1. Bitcoin Usage

When Bitcoins were first introduced into the market place they did not really have a use. They were traded between gamers and have since become an assets that can be used to buy almost anything online. It gives the consumer not the banks the advantage as they are not been robbed each time they want to send money internationally.

It is also the security aspect of the digital currency that is driving usage as banks are no longer a safe place to store your life savings. Without quantitative easing they banks would fold. With new EU laws past making its customers liable to pay back the debt, everything could come crashing down. It could happen in spectacular fashion as we have seen in Cyprus.

If they same situation happened again it would add fuel to cryptocurrency and could be the catalyst to bring down the financial system as we know it. That is if the derivatives bubble does not bring it crashing down before.

2. Bitcoin Transparency

People are the world are getting fed up with been spun lies and the only way to stop this is by using systems that have complete transparency. The FED has never been audited which if it were to be how many huge financial scandals would it uncover?

Bitcoin is based on the Blockchain which is a transparent ledger so every single transaction can be seen by all of its users. It eliminates a large percentage of fraud which is how the financial super élite make their money.

3. The Big Money Is Not Invested Yet

The large hedge funds which control a considerable chunk of the worlds financial economy have not yet invested in Bitcoin which means it is actually under priced and not over. Once one goes in the rest will follow and that will send the price skyrocketing once again.

“Bubbles occur when everyone and their sister is trading/buying into a ‘hot’ market. While a few of my global correspondents own/use the primary cryptocurrencies, and a few speculate in the pool of hundreds of lesser cryptocurrencies, I know of only one friend/relative/colleague/neighbor who owns cryptocurrency.”

Read the full article on the Bitcoin Boom and Bubble at Market Watch by clicking the link below.

Pop goes the bitcoin? While bitcoin has been on a tear, don’t call it a bubble. So says OfTwoMinds.com financial blogger Charles Hugh Smith in his latest post. Below are three key points from Smith’s take on the hot virtual currency. 1. Bitcoin has an real purpose: Cryptocurrencies are […]

Click here to view original web page at 3 reasons why bitcoin’s surge may not be a bubble

This post was last modified on May 17, 2021 12:22 am

Share
Daniel

I am the founder of Bitcoin Casino No Deposit Bonus and have been studying concurrency technology since 2013. I have been traveling South East Asia for the last 6 years and am a huge gaming fans that takes part in eSports competitions. I love relaxing on a evening watching the sun set with a cold beer and great music. I also teach other travelers how to become digital nomads so they can become free of the system.

View Comments

Published by

Recent Posts

  • BTC Casinos

Super Seven Casino Review – Everything You Need To Know For 2021 Including Bonuses

A new kid on the block, Super Seven casino already has a large regular customer…

1 month ago (Last updated)
  • BTC Casinos

SlotVibe Casino Review – Everything You Need To Know For 2021 Including Bonuses

A brand new cryptocurrency casino has just landed, but is it any good? Is there…

1 month ago (Last updated)
  • BTC Casinos

What Exactly Are Decentral Games? Everything You Need To Know For 2021

A whole new gambling experience is here, one that may change the future of online…

2 months ago (Last updated)
  • Bitcoin Casino Bonus Code

Spela Casino Bonus Codes – Spela.com Coupons September 2021

Spela Free Spins Bonus Code Spela Casino doesn’t demand that punters sign-up enjoy a good…

2 months ago (Last updated)
  • Bitcoin Casino Bonus Code

Genesis Casino Bonus Codes – GenesisCasino.com Free Spins September 2021

Genesis Casino Free Bonus 2021   Genesis Casino offers newbies a generous welcome package after setting…

3 months ago (Last updated)
  • Bitcoin Casino Bonus Code

Vegas Hero Casino Bonus Codes – Vegashero.com Free Spins September 2021

Vegas Hero Promo Code  Newbies will fall in love with the Vegas Hero bonus package…

3 months ago (Last updated)

Gambling is restricted in the USA. Several states that include New Jersey and Pennsylvania allow online gambling to persons over 21 years. Land-based casinos are legal in most states. Know your limits when gambling and stay within your budget. If you have a problem with gambling make sure you ask for help. Copyright © Bitcoin Casino No Deposit Bonus 2020 - All Rights Reserved