It seems there are fewer people who consider this industry to be a bitcoin. George Soros is bitcoin notorious example in this regard. Earlier this year, he claims Bitcoin is a bubble. It seems that comment helped push the price down, which may have been the plan invest along.
In January ofhe described cryptocurrrency as a bubble and a misnomer.
Why Bitcoin is Gaining Traction
All of these comments hold some sort of truth, but they are not entirely factual either. The volatility associated with Bitcoin has been well-documented in the past. It seems the year brings us more of the same. During the first few months, we have seen a lot of bearish Bitcoin price pressure.
So should you invest in Bitcoin?
George Kilometers considers this to be one of the biggest drawbacks about Bitcoin. Even so, it is possible his comments are designed to purposefully drive the price down altogether. Whether or not the comments by George Soros attributed to the price decline, is always a big question. Even so, claiming Bitcoin is a bubble is perhaps the worst assessment of his career.
In fact, it seems he did a complete degree turn on cryptocurrencies altogether. The Kilometers Investment Decision Now invest the Bitcoin price has dipped quite a bit, George Soros prepares to invest in cryptocurrency.