Topic: Again, Bitcoin described as a Bubble. - page 4. (Read 2027 times)
Bitcoin is a bubble, this is undeniable. However, it gives you more chances of success. Bitcoin always exists, which no bubble can do.
Do not believe the false news, I think Bitcoin is not as a bubble. If Bitcoin is ever bubble again, then Bitcoin can not survive. poeple knows one as a bubble. Those who say it, I think they could not fully understand Bitcoin.
Bitcoin in its essence is a bubble, but it has gone very far to support many countries and famous people ! They will never burst and will not forget about it !
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:
Those who are calling bitcoin a bubble or a scam should know first that bitcoin is a volatile crypto currency and moreover it is a kind of investment so the ups and downs and the pumps and dumps are very common in all kind of investment so if the valuation of bitcoin is deflating doesn’t mean that it would end up soon or is a bubble that would burst soon, I think these people are morons and time will answer them all when bitcoin will get centralised globally. 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-2018-05
The change and the continuous movement is described s a bubble and it happens all time.
There is truth in this statemen to a certain extent. The intentions of those who make such statements aren't positive though. Media want to create FUD around something uncontrolable for goverments and banks.
There is no point being negative about the statements like these as they don’t help.
Sometimes these professors find it difficult to understand how the world is evolving differently from their young days. The blockchain and other technologies like AI are leading the way to the future where archaic economics principles may not work.
They specially do such news, that from weak hands to take money, do not be fooled by their tricks
it is true there are still many topics about the future of bitcoin that needs to be discussed, but Bitcoin described as Bubble should also be discussed, because this bitcoin always moves all the time and has change, the tie is termed as bubble
Bitcoin is highly volatile currency. And Because of its no physical form many people consider it as bubble. In resent year their is frequently falling in the price of bitcoin and because of this many economist claims it is bubble. Like bubbles in its price exponentially increase because of this many people invest in bitcoin but after this their is sudden fall in its price affects many people. Because of this many people say it is the biggest bubble in the crypto history. But i think bitcoin is not a bubble. its price will be increase because many big multinational companies using it and this thing help it to increase its share value market.
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?
Not many scientist and Engineers believed that metal could realistically fly, but it's a reality now. Even many didn't believe that metal could flow on water but thanks to Archimedes's principle of the law of flotation. I really don't care about a professor calling Bitcoin names, but time shall tell.
Will for me bitcoin is alreafy a buble currency for me but i trust bitcoin that it will not gonna pop like a buble and i believe it will not happen because of his population and user he will never gonna pop
Unfortunately it is true that bitcoin is a bubble.But it is not known how much it can grow.Not all people know about bitcoin and its value.Yet globally, few people bought it.
Bitcoin always becomes a bubble whenever the prices drives down but becomes the rave of the moment or makes the world go 'crazy' because of addiction to it. It is either here or there. People will not stop spreading lies about bitcoin. Whatever they gain attempting to kill bitcoin is left for them.
Strangely, it seemed to me that bitcoin manifests its bubble qualities when it rises sharply in price to decent heights, as it was in December of last year, and not when it falls in price. For example, now that it has dropped to less than seven thousand dollars, it is relatively difficult to call it a bubble. If by the end of the year he again rises to 20 000 - 25 000 dollars, then, most likely, he again becomes a bubble. However, at what stage it will become a dangerous bubble, while no one can say.
Bubbles also has the capability to rise just like how earlier it helped in earning money.
I can't ready these thing anymore... really...
BTC has never been a bubble and it never will be it!!! This is an innovative cryptocurrency that will replace any circulating economic system!
Banks know that and they want to enter into this market at lower price
BTC has never been a bubble and it never will be it!!! This is an innovative cryptocurrency that will replace any circulating economic system!
Banks know that and they want to enter into this market at lower price
You need to be patient and wait for better times ! But I think that you need to buy and enter the market !
It's simple. Someone defines bitcoin as a bubble, and someone as "digital gold". In the long run, the former will be left with nothing, while the latter will become millionaires. That's all.
It has been said since 2011, those who ignored it are now millionaires. I am not financial advisor - if you believe in it ,do it. Either you will get success or you will learn.
Yup exactly. In the end, your money your call. You don't really lose if you learn from your mistakes and those that took reasonable risks end up with great rewards. Being all too pessimist will only make you lose opportunities
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