Re:Is Bitcoin a Bubble? Economists Say ‘Yes’
by samastur on Thursday December 14, 2017 @11:40AM
(#15923701)
I would be more willing to believe this if among many other things bitcoin price didn't rise so much. As it is, it is clearly mostly bought and not "traded" which suggest it is used as a store of value (or investment) and not currency.
It might be that cryptocoins will perform that role some time in the future, but this is not what is happening now.
It might be that cryptocoins will perform that role some time in the future, but this is not what is happening now.