#bitcoin basically a huge bubble with value being attributable to it by the 'greater fool' next in line to take the other side.
#Bitcoin in my opinion is like monopoly money. It's value is arbitarily determined according to the participants who own it, ie their 'perception' that it holds value. Nothing more than a bunch of 0s and 1s of computer code. No physical substance like Gold, which at least will glitter and look good as jewellery, or have useful purpose as false teeth base.
So basically #Bitcoin and other cryptocurrency will have value 'if one owns it". If "one does not own any" then it is like fake monopoly money, or like the Chinese 'Hell bank notes" No function or substance except for hype....
#Bitcoin in my opinion is like monopoly money. It's value is arbitarily determined according to the participants who own it, ie their 'perception' that it holds value. Nothing more than a bunch of 0s and 1s of computer code. No physical substance like Gold, which at least will glitter and look good as jewellery, or have useful purpose as false teeth base.
So basically #Bitcoin and other cryptocurrency will have value 'if one owns it". If "one does not own any" then it is like fake monopoly money, or like the Chinese 'Hell bank notes" No function or substance except for hype....
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