Bitcoin is on the futures market and is now tainted because it is being manipulated. There is no price discovery mechanism to determine fair value. When the supposed bubble bursts, it is a chance for the big boys ie banks and governments to buy it up at a discount. Here is a poem I wrote about it.
THE CRYPTO CASINO POEM
Crypto goes up crypto goes down
It seems like quite the merry-go -round.
Profit taking and manipulation
With all the price fluctuation.
No price discovery mechinism
in this played out crrypro schism.
Bitcoin futures on the table
Play the game now if your able.
Wall street players roll the dice
For me a poetic blog suffice
As we reach out for the dream
encrypted now in crypto steem.
Wow great poem and even better message! I most definitely agree with you and would love to see more people understand this. Also from a mining p.o.v we can know that the market will rise insanely in value for as long as btc can be mined and we see actual implementations of blockchain happen.