Exothermic

Keeper of the Hammer

Male
Mariana Trench
Seen April 5th, 2018
Posted March 12th, 2018
236 posts
10.9 Years
My view is that bitcoin is an inevitable bubble and its value is derived from FOMO (fear of missing out).

The world is shifting away from physical currency and heading towards a cashless society. However, bitcoin is probably not the answer as it will lead to an inevitable crash sometime in the future. Bitcoin has no intrinsic value as an asset in and of itself, so its value is incredibly volatile. It's value is also entirely speculative, and what goes up quickly can come down just as quickly. So for potential investors, I'd recommend making small purchases and cashing out quickly after a certain profit margin to minimize risks.