Bitcoin being a bubble is no longer a new term to us crypto enthusiasts who have been in the game. We have been hearing if bubble every time. But the real question is are we really in a bubble or is it still coming. What if the bubble is already here with us and we won't know when it will even faze out. Many argue that Bitcoin bubble will be the one that will throw many off balance. But we say let's be doing what we are doing while waiting for its arrival.
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Topic: Again, Bitcoin described as a Bubble. - page 5. (Read 2027 times)
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:
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-2018-05We should not listen to them. It has been long time that bitcoin called a bubbles or pyramid scheme or something bad.
The reality is bitcoin value keep increasing every year. This means bitcoin have a great value in our world.
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.
don't trust these things again they want people to be fear about investing in bitcoin, but in the other hand just don't invest all your money in BTC
While the price of bitcoin is rising, it's super something, the balloon is falling. These are empty things.
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.
People tends to spread positive everytime the situation is on top and they tends to believe amd spread negative during the market's down. This is the illness the people has. They only wanted something in where they are benifiting amd this is not a very good thing. People should realize that even a small dot has an effect. They should not spread false or fake news instead they can create a news that will help everyone to be on a better state of living. Bitcoin is there for help, lets not waste the opportunity the bitcoin is giving to us.
The fact that Bitcoin is described as a Bubble is caused by an unhealthy rush around the technology of blockade. This topic suddenly became very popular. Naturally, in a certain period this caused some symptoms of the bubble. When the market stops fever, everything will return to normal.
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:
bitcoin is always a bubble, it's hard to get rid of that impression.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-2018-05but everyone certainly has a different view of this, such a FUD will not affect bitcoin.
Bitcoin is a bubble, with no intrinsic value. It is also not an effective store of funds, owing to its volatility.
Cryptocurrency derives most of its worth from the blockchain technology and how in can be integrated into any system.
Cryptocurrency derives most of its worth from the blockchain technology and how in can be integrated into any system.
Bitcoin is still the bubble so far
It will benefit you when you take advantage of the opportunity of this bubble
It will benefit you when you take advantage of the opportunity of this bubble
I agree with you because you still need to have knowledge about cryptocurrency and how it work. Using it you can really get prophet in the future.
The old school thoughts sometimes do not really work at all and therefore we need new ideas.
if you look just one year before what was the price, or just show who say 'BTC is bubble' that conversation is over immediately.
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Btc price early this year had very slow beginning.Thats why its described a bubble.
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Btc price early this year had very slow beginning.Thats why its described a bubble.
no its not a bubble after price corretion now btc price is up so it a good sign for market
Well, Btc is really a bubble. By the beginning of 2018, there were 1,142 electronic coins, and the list continued to grow. There seems to be no barriers to entry. Bitcoin's market share in the digital money market continues to decline. Bitcoin currently accounts for about 48.9% of the digital money market, down from nearly 90% in 2013.
As the logic of investing in securities, the higher the market share of a company in its industry, the more valuable it is. In contrast, market share declined, not related to falling prices, is a bubble
As the logic of investing in securities, the higher the market share of a company in its industry, the more valuable it is. In contrast, market share declined, not related to falling prices, is a bubble
- If bitcoin were a bubble, it would be the largest one humankind has ever witnessed . But that is unlikely. It is more likely that bitcoin is just an amazing creation. Its value and potential dwarfs any fintech idea heretofore imagined, and the [Suspicious link removed]munities are just getting started.
if people call bitcoin a bubble, they ought to explain why exactly it is, instead of incompetently comparing it to past bubbles that do not share any characteristics with bitcoin other than a big price tag
Bitcoin makes a breakthrough by being the first currency not to be managed by any government, central bank or economic institution. However, more and more governments are eager to tighten control over this virtual currency, at least on their territory. No one can explain how Bitcoin has grown so perhaps if the bubble burst, the devaluation of the currency would be hard to explain as the price has risen. Bitcoin may be following the fall of the Previously bubble or will be like the dot com bubble when investors sit on huge virtual assets worth but can not sell to anyone.
In my opinion, Bitcoin can actually be a bubble. Bitcoin is of real value, however Bitcoin's pricing is judged to be too high for real value. Bitcoin is used as a payment solution with the ability to perform 7 transactions per second and transaction costs are quite high. If the volume of Bitcoin participants continues to increase, it will come a simple transaction that can take up to tens of hours and can cost up to 50% of the transaction value. Bitcoin will then be a bad payment solution and like the tulip, which will soon be seen.
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:
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-2018-05Bitcoin is unstable and bitcoin prices are constantly changing, therefore bitcoin is described as bubbles by people who don't like bitcoin. They do not understand bitcoin, and when they understand bitcoin, they'll buy bitcoin.
No one cares about this anymore, so i do not think that it also gives more motivation for people to stay away from bitcoin, it is normal to see it considered as a bubble, but we all are more than used to see this kind of stuff on the internet.
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