Topic: Again, Bitcoin described as a Bubble. - page 3. (Read 2027 times)
We meet a huge number of such articles with a negative opinion about bitcoin. But I'm not even going to believe in them. I know bitcoin on the other hand as a unique working technology. And it does not cause me any doubt.
I often read different articles about bitcoin being a Scam and all that sort of thing. And so far, none of them seemed convincing to me. Therefore, I continue to invest in bitcoin and advise it to all my friends.
However, I don't believe that bitcoin is really a bubble and a Scam. This is an excellent working technology, which has great prospects for application in the modern economic space.
Bitcoin is not a bubble. It would have burst long ago when the government and banks began to attack it. The technology behind Bitcoin is revolutionary and will definitely sail through and become very valuable some few years to come.
Bitcoin itself is not a bubble I think that most people in the forum understand it, but we must admit that the price has a tendency to bubble from time to time, it is undeniable that the price of 20000 that we reached at the end of that year was a bubble and anyone that doesn't want to admit that then it's denying the reality of what happened, however many people are unable to see beyond that, they only see a currency that moves wildly and they do not trust it.And while I can understand why they think like that at the same time they are not seeing all the potential that bitcoin and a few other cryptocurrencies have, because I have no doubt that in 20 years bitcoin is going to be everywhere similar to what happens to the Internet right now.
People who do not understand anything about bitcoin.this is indisputable and it has gone very far to backing many clime.it gives you more chances of success.they will never burst and will not forget as regards it.
But it is your right to believe in these skeptical statements or not. I am fully confident in bitcoin, so I invest in it. But if in doubt, then you should not mess with cryptocurrencies.
I have also heard that Bitcoin was called the biggest scam in the world but it does not mean that I should take it as the truth. No, BTC is not any kind of a bubble scheme.so they thought the Bitcoin it is a bubble scam. This is became our duty to provide information to them.
Now we see a lot of negative news about Bitcoin and this is what whales want. Soon we will see again a positive news background and growth, believe me, this is a big game with big money
Bitcoin is a future coin, not a bubble that bursts only the wind coming out. Bitcoin is an investment that is enough to make many people regret not having. The advantage of bitcoin has been proven to those who have managed to manage it.
let's not forget that stat it is also rumors it is just someone's opinion that bitcoin death was predicted many times but it is alive the market exists big players invest in bitcoin large sums
But it is your right to believe in these skeptical statements or not. I am fully confident in bitcoin, so I invest in it. But if in doubt, then you should not mess with cryptocurrencies.
I have also heard that Bitcoin was called the biggest scam in the world but it does not mean that I should take it as the truth. No, BTC is not any kind of a bubble scheme.
Bitcoin is not a bubble. It would have burst long ago when the government and banks began to attack it. The technology behind Bitcoin is revolutionary and will definitely sail through and become very valuable some few years to come.
But it is your right to believe in these skeptical statements or not. I am fully confident in bitcoin, so I invest in it. But if in doubt, then you should not mess with cryptocurrencies.
Bitcoin volatile is one of the biggest disadvantage for it progress and profit. Because of this volatile nature its price fluctuate over time to time. And Because of this many of its user and investors specialist consider it as a bubble. And also advise other that not to invest in it. In 2017 its price is 3 time higher than that of its present market price and this thing is also an reason being called it as a bubble. But in my opinion it is not a bubble. It just a period of time its volatility will be decrease and many companies take it for their uses will be help it to become a stable currency. Still a lot of discussions about the future of bitcoin and cryptocurrencies surrounding in scientific community. Aren't experts yet convainced that bitcoin is a reality?
In an interview for CNBC, Robert Shiller the professor at Yale University expressed his rather negative sentiment towards Bitcoin and other cryptocurrencies, saying:
Shiller consolidated his opinions on Bitcoin and other cryptocurrencies in a long post from where i prefered to take this note:
The very same thing was said about the Internet when it was gaining popularity, people thought that the Internet will disappear because they did not saw the potential in it, from time to time I like to read those articles just to remind me how shortsighted some people can be, just two decades after the Internet became popular, people freak out if they are not connected every single minute of every day, people do not have to understand exactly how the Internet works they just need to know what they can do with it.In an interview for CNBC, Robert Shiller the professor at Yale University expressed his rather negative sentiment towards Bitcoin and other cryptocurrencies, saying:
Quote
To me it’s another example of faddish human behavior.
Link to the interview: https://www.cnbc.com/2018/05/21/bitcoin-could-be-another-failed-currency-robert-shiller-says.htmlShiller consolidated his opinions on Bitcoin and other cryptocurrencies in a long post from where i prefered to take this note:
Quote
Practically no one, outside of computer science departments, can explain how cryptocurrencies work, and that mystery creates an aura of exclusivity, gives the new money glamour, and fills devotees with revolutionary zeal, […] None of this is new, and, as with past monetary innovations, a seemingly compelling story may not be enough.
Link to full article: https://www.project-syndicate.org/commentary/cryptocurrencies-scientific-narrative-by-robert-j--shiller-2018-05And the same is going to happen with bitcoin, I believe that the path that we're going to have to go through is going to be even harder because bitcoin affects the economic interests of many powerful parties but still it seems to me that massive adoption is unavoidable.
But it is your right to believe in these skeptical statements or not. I am fully confident in bitcoin, so I invest in it. But if in doubt, then you should not mess with cryptocurrencies.
I do not understand why many people still consider bitcoin a bubble, although it has been successfully developing for 10 years, is actively growing and gaining more trust in people. Therefore, I can not consider it a fraud.
About bitcoin you can read a huge number of different opinions, including skeptical. But positive opinions about it, too, quite a lot. Therefore, I advise you to just make your personal opinion about the cryptocurrency and decide whether you are ready to invest your money in it. I'm ready, despite all the skepticism.
The BTC is a huge bubble that has been described this way for ten years, and ten years later it's not going to burst, so do you think it's going to burst?
I don't think it will explode, because bitcoin isn't a bubble. People assume that bitcoin is a bubble because the prices created within a decade beat the price of currencies around the world. That's the first. Secondly, people assume that bitcoin will explode when the amount of bitcoin has reached 21 million, becomes worthless. I do not believe, because after that the price of bitcoin is more stable and not too volatile. There is many topics and discussion that portrait bitcoin and crypto to be a bubble but the fact still remains that if bitcoin was a bubble it could have bursted long ago, we have witness how bitcoin made it from the scraps to be where it is today in terms of market price and market cap. The truth still remains that bitcoin is never a bubble.
the increase and decrease that is happening very fast which makes this happen, and the volume which is unpredictable is very influential on the price, it is only natural if the price is uncertain 
It has been described a bubble or with many other bad named before too. I don't know why the people makes stupid speculations such as this one. If someone believes that the Bitcoin is bubble, he has to shut up and leave this world and never get alloud with cryptocurrency again. So simple.
It's silly to argue that bitcoin is a bubble, because many people write this for a long time, and still come into it and invest certain funds.
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