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Topic: 5 Reasons Bitcoin Is Not A Bubble (Read 1056 times)

jr. member
Activity: 30
Merit: 1
August 16, 2018, 09:17:39 AM
#65
This speculation plays an important role in the venture capital world and innovation in general because the greed it creates is what incentivizes entrepreneurs and investors to play a part (found a startup or invest in one), making at least part of these dreams – around 3% – a reality. The thriving global startup ecosystem, responsible for building the likes of Facebook, Uber, Snapshat and WeWork, that has billions of dollars of investment money invested into it each year, is built on this exact premise.
newbie
Activity: 29
Merit: 0
August 16, 2018, 09:08:45 AM
#64
Since first bitcoin created, peoples always keep says bitcoin is a buble but the fact is bitcoin is good investment. If bitcoin is a buble, company like soros funds or JP Morgan or Goldman Sachs must be wont investing on cryptocurrency.
Big companies must be doing research first before investing their funds because its very high risk market but on other side cryptocurrency is profitable investment.
I agree with you, that bitcoin is not a bubble. I analyze that bitcoin will be hunted down by someone to be collected as an expensive investment, like an item produced with a certain amount when the amount is reached and no longer produced will be a rare item. Then the price is more expensive because it is not balanced between supply and demand.

So the price becomes expensive because bitcoin has reached the peak, it can continue to be expensive or even become cheap.
sr. member
Activity: 1988
Merit: 254
PredX - AI-Powered Prediction Market
August 02, 2018, 06:31:34 PM
#63
Five reasons show that bitcoin is not a bubble:
1. Bitcoin is gradually being considered as a legal means of payment in many countries.
2. The increase in Bitcoin payments.
3. Bitcoin is seen as a means of storing assets in difficult economies.
4. Bitcoin is better known.
5. The amount of Bitcoin is limited.
sr. member
Activity: 575
Merit: 250
August 02, 2018, 05:59:00 PM
#62
5 lý do tại sao Bitcoin không phải là một bong bóng.
1. Bitcoin được chấp nhận như một đồng tiền pháp định.
2. Các thương nghiệp chấp nhận Bitcoin ngày càng gia tăng.
3. Bitcoin ngày càng trở thành tài sản đáng giá ở các nền kinh tế khó khăn.
4. Bitcoin has just become a trend.
5. Bitcoin supplies are limited.
jr. member
Activity: 322
Merit: 2
August 02, 2018, 05:12:47 PM
#61
Good facts well stated by the author. If Bitcoin was actually a bubble as claimed by certain people, the adoption of it as a means of exchange in open businesses wouldn't have continued growing as we continued to observe. Thanks for this post.
member
Activity: 392
Merit: 10
August 02, 2018, 04:39:08 PM
#60
I do not think Bitcoin is a bubble because it has real value. It's not really stable and volatile but it's a chance to find a profit for investors. Besides, it has been around for quite some time and has a very strong foundation as well as a support team. So, I think Bitcoin is not a bubble
There are no claims saying bitcoin bubbles and that's just bad rumors about bitcoin. Its stability has been demonstrated through the years. The campaign is clearly valuable to the user community as well as to investors around the globe.
newbie
Activity: 56
Merit: 0
July 24, 2018, 04:11:55 PM
#59
Quote
The digital currency bitcoin rallied by over 300 percent since the start of the year and has recently surpassed the $4,000 mark. Unsurprisingly, many financial markets pundits consider such a sharp rally the creation of an asset bubble.
In all fairness, the returns that bitcoin and its digital peers in the crypto assets space are experiencing have not been seen since the day and age of the internet bubble in the late 1990s. However, Bitcoin has very different fundamentals than early internet stocks and a much more promising growth trajectory.
This is a good flipside to the "bitcoin is a bubble" stories the media has spammed us with since forever.
Another good case for bitcoin not being a bubble due to its high projected future growth can be found in this thread here:
I think the article above addresses some of the points economists and finance analysts have glossed over. Bitcoin's growth in relation to its fundamental metrics are what will likely determine whether bitcoin is a bubble. Thus far none of the experts have addressed that topic. There's zero acknowledgement made of bitcoin's adoption in countries like japan, the philippines, russia or australia and crypto's transition towards becoming more mainstream. No commentary on whether those effects on bitcoin's elevated price could be sustainable.
It is possible that we will never see anything resembling legitimate analysis of bitcoin from the media. They have a long history of sweeping relevent and key points under the nearest rug. Out of sight, out of mind. Over the long term this could create opportunities for independent media to rise if indeed nature abhors a vacuum.
Is bitcoin a bubble? What are everyones thoughts on this?   Huh


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full member
Activity: 364
Merit: 100
July 24, 2018, 07:01:55 AM
#58
Bitcoin is a bubble, it doesnt matter if you or all those websites says that it is not, because in fact, it is, because a lot of people are only hyping it to get profit, and we all are doing the same.
It has been increasing a lot in the last months, from $700 to $6200 ATH in just 10 months, isn't it a signal of a true bubble? It can be compared with the economic chaos of the US on 2008, only that this is digital.
In the moment that everybody decides to sell bitcoin, then the price will collapse, of course.
I can say that the meaning of the word Bubble is saying us that this bubble would be destroyed sooner or later but we are already 10 years here. And nothing like that are not happening.
member
Activity: 148
Merit: 11
July 24, 2018, 03:50:21 AM
#57
It seems to me that the story of "bitcoin is a bubble" let into the masses by Buffett. He is a big opponent of crypto because he can not understand his essence. It is already clear to everyone that if such production capacities are involved, then no bubble can be mentioned.
newbie
Activity: 266
Merit: 0
July 24, 2018, 03:49:26 AM
#56
I can point to one reason, only by which bitcoin is the subject I manipulate. This is the trade in bitcoin futures. The bubble is unambiguous, and controlled. And the price of bitcoin is no longer determined by the market, but determined by a group of bankers.
member
Activity: 420
Merit: 14
July 24, 2018, 03:37:49 AM
#55
Yup! I strongly believe that bitcoin and other virtual currencies are not bubbles but an opportunity for us who didn't graduate with a business degree to trade and actually profit from it without having to pass to a middle man. We have full control with our portfolio and honestly bubble or not the fact that it is another viable currency is kinda cool.
member
Activity: 700
Merit: 10
July 24, 2018, 03:35:31 AM
#54
Since first bitcoin created, peoples always keep says bitcoin is a buble but the fact is bitcoin is good investment. If bitcoin is a buble, company like soros funds or JP Morgan or Goldman Sachs must be wont investing on cryptocurrency.
Big companies must be doing research first before investing their funds because its very high risk market but on other side cryptocurrency is profitable investment.
full member
Activity: 241
Merit: 100
July 24, 2018, 03:35:13 AM
#53
I do not think Bitcoin is a bubble because it has real value. It's not really stable and volatile but it's a chance to find a profit for investors. Besides, it has been around for quite some time and has a very strong foundation as well as a support team. So, I think Bitcoin is not a bubble
jr. member
Activity: 350
Merit: 1
July 24, 2018, 03:21:46 AM
#52
BTC and cryptocurrencies, which are more like gold, understand the position of bitcoin by understanding the economic status of gold in real life.
Network gold, the total amount is unchanged, every year new BTC is excavated, trading properties are better than gold!
full member
Activity: 462
Merit: 100
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July 24, 2018, 02:50:34 AM
#51
I'm still on the fence whether bitcoin or any other crypto currencies are a bubble or not. I mean there evidences that suggest thst both are true. But then again, whether bubble or not, i still eatch out for the trends and actually really study the market so if ever i get a whif of a crash I could pull out immedietly.
member
Activity: 420
Merit: 11
July 24, 2018, 01:52:14 AM
#50
I immediately understood when I learned about Bitcoin that this is an ordinary financial instrument, not exactly a bubble.
full member
Activity: 826
Merit: 100
July 24, 2018, 01:50:29 AM
#49
I also think that Bitcoin should not be considered as a bubble because It's getting accepted around the world so that people are getting involved in this platform for making the profit day by day. when it's been accepted whole around the world then you also consider it a precious platform for trading and investment.
it will be even more convincing if more and more governments accept bitcoin. thus there is a guarantee of legal protection from the government. but if there are still few countries that accept it, reduce the confidence of it
full member
Activity: 414
Merit: 107
July 24, 2018, 01:23:42 AM
#48
I also think that Bitcoin should not be considered as a bubble because It's getting accepted around the world so that people are getting involved in this platform for making the profit day by day. when it's been accepted whole around the world then you also consider it a precious platform for trading and investment.
full member
Activity: 812
Merit: 142
July 24, 2018, 01:18:39 AM
#47
For me bitcoin is buble currency. Even in expert in crypto knows that. Especially now bitcoin is use to some of illegal transaction because bitcoin is really hard to trace.

So do you think bubble can sustain 10 years of time and still growing strong. If it was bubble it should have being exposed and would have become zero or may be people should not be even looking at it. But this is not the case of it.
newbie
Activity: 140
Merit: 0
July 24, 2018, 12:54:22 AM
#46
Everybody can suspect bitcoin. no problem about that. it is their right to have independent opinions. To me, bitcoin is not a bubble because the drop in the current bitcoin prices has still not exceeded the lowest previous period's prices. Bubbles burst at once. It has not happened to BTC so far. If it is a bubble There were enough time to happen so. Last time lot of  people came to cryptomarket without knowing anything about this new technology and trend they invested in BTC and when the price goes down they sold Bitcoin without thinking twice with the fear and it caused the major collapse of the whole crypto market. that's why people came with different views towards Bitcoin this time. I wish if the bitcoin price didn't rise up to 20K last time. 
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