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❕NEWS Bill Miller Is Confident About Bitcoin, Says Not In A Bubble

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Hedge fund legend Bill Miller reassured Bitcoin enthusiasts while granting interview at CNBC that bitcoin is not a bubble despite reaching $64,895 on Apr. 4, but it had sharp correction to the $51,000 level which it gradually recovering from. He said the bearish movement is due to trade pressure on the coin.
He also said he is more focus on bitcoin Investment despite the altcoins growing faster.
 
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The market is what is making the price of most coins including bitcoin to fall but the fact still remains that the coast is clear for bitcoin to reach as high as stated because companies institutions and individuals continue to adopt cryptocurrency in their financial activities.
 
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He is right , but I hope the trade pressure won't be too much and take the coin to $30k , because i would not really like something like that
 
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It's not the market pressure that's amount of controllable nature of the Crypto that everyone utilizing as called them as real money , they are never consider money by real investors
 
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Henrytuedor said:
It's not the market pressure that's amount of controllable nature of the Crypto that everyone utilizing as called them as real money , they are never consider money by real investors
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They are digital currency or quasi money because they could be easily convertible to real money ,thats why investors placed so much trust in crypto currency
 
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Every thing that has monetary value is money to an extent because it t can easily be converted to money in a very short time. The gains for bitcoin in this bearish moment shows it is here to stay and it's not a bubble.
 
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They been saying that bubble thingy since waaay before and they still hasn't prove anything. When crypto is at the correction they always says the bubble burst
 
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BullyMaguire said:
They been saying that bubble thingy since waaay before and they still hasn't prove anything. When crypto is at the correction they always says the bubble burst
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I think they might be putting such info to encourage investors into investing into crypto currency ,i think for now the correction is still not coming because bitcoin still have a long way to go
 
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