After weeks of describing Bitcoin billionaires and discussing celebrity ICOs, the press was suddenly asking whether the Bitcoin bubble had burst. For veteran Bitcoin enthusiasts, that question would have been moot. Even during its massive fall, Bitcoin only dropped to the level it had reached in November 2017. Bitcoin wasn’t meant to be an asset that would continue to rise in value like a rocket. To work as a currency, Bitcoin needs lower volatility than the movements generated by investors.

Source: Forbes March 20, 2018 12:22 UTC