"Bitcoin is a Bubble/Fad" - Fact or Fud
FUD
Is it a bubble?
The volatility of Bitcoin really confuses most people. Put simply, volatility goes both ways, you can’t have 200% a year average returns without having seemingly scary moves down along the way.
Bitcoin does have short-mid term bubbles that form from speculation as Bitcoin is still in the beginning stages of being monetized, but that’s normal market behavior. It just happens in shorter time frames in Bitcoin.
Years Lasted
Is it a Fad?
Obviously not, just like the internet wasn’t a fad. Unlike the internet adoption era, people don’t have to spend a huge percentage of their income just to participate. Bitcoin/Crypto has a faster adoption rate than the internet did.
