Is the Bitcoin bubble about to burst?

[Eziemnaik]

Here is the real reason behind Bitcoin bubble

 

[dodgy]

I have some BTC. Only a small amount, I just have it as a bit of sport. See what happens, it certainly isn’t a part of my retirement plans.

 

[lane]

I said to my son that "real" money is backed by the economy of a country but bitcoin is not. He said to me that bitcoin is backed by the criminal economy worldwide which is worth more than most national economies.

 

[PeteXXX]

Elon Musk: No Tesla purchases with Bitcoin due to climate change..

~BBC News~

 

[Chris S]

RE: "Is the bitcoin bubble about to burst?"
This thread has been running since December 2017 so the answer was 'no'.

 

[Drago]

Or "not yet".

Tesla have stopped accepting Bitcoin because of the outcry from environmentalists over the damage being wrought by its voracious energy requirements. A couple of months ago Bitcoin surpassed Argentina as a consumer of electricity, and that is only going to worsen.

If other organisations developma conscience or bow to pressure and cease to accept bitcoin, thennits value will inveitably start to slide.

 

[Profpointy]

I'm buying tulip bulbs, me. Or maybe I'll diversify a bit there's an investment in the south seas which sounds good

 

[Paulus]

I'm buying tulip bulbs, me. Or maybe I'll diversify a bit there's an investment in the south seas which sounds good

Bluebells and snowdrops are the bulbs to buy and sell at the moment.

 

[PeteXXX]

Going down...

 

[cougie uk]

View attachment 649762

Going down...

But since 2017 ?

 

[PeteXXX]

But since 2017 ?

Still up on earlier gains but substantial drop recently.