Topic: Are there any Bitcoin Bubble? (Read 171 times)
Except for this who do not understand bitcoin and how volatile it market can be, I keep saying if bitcoin was a bubble it should have bursted long before now. If you use the market price of bitcoin it not stable so using the price of bitcoin as the basis of your analysis on bitcoin you will get it wrong.
From my point of view, the answer is yes, personally. It is the next bubble created by global finance. On a global scale, the market capitalization of the new coin at $ 180 billion, the highest trading volume of $ 9.8 billion, is so modest and small. This small to see the ball was never big to burst, it must be tight enough, big enough that happened. Some say that the Bitcoin market is too big to make a price, I think they have never seen the Vol trading on each floor, the highest point is only a few hundred million dollars / 24h. If you know a bit about the trillions of capitals of the New York Stock Exchange, Shanghai or even the hundreds of billions of dollars of Forex you will understand how small Bitcoin is.
The ETH’s plunged from $ 300 to $ 0.1 in a few minutes on the GDAX floor just because some sellers pulled out a few tens of millions of dollars causing Domino and triggered a stop-loss, The classic example of how coin market is still small. So, for a small market, if it’s a bubble, it’s a very early process and it’s a long process. Therefore, the personal point of view is that the present time is relatively safe, not to worry.
People who do not know Bitcoin well may be in a bubble. The price of Bitcoin is fluctuating so much, that if you have no knowledge of the currency and still try to dive in it, you are surely in a bubble. The ETH’s plunged from $ 300 to $ 0.1 in a few minutes on the GDAX floor just because some sellers pulled out a few tens of millions of dollars causing Domino and triggered a stop-loss, The classic example of how coin market is still small. So, for a small market, if it’s a bubble, it’s a very early process and it’s a long process. Therefore, the personal point of view is that the present time is relatively safe, not to worry.
Know what you are getting into, before taking any decision.
From my point of view, the answer is yes, personally. It is the next bubble created by global finance. On a global scale, the market capitalization of the new coin at $ 180 billion, the highest trading volume of $ 9.8 billion, is so modest and small. This small to see the ball was never big to burst, it must be tight enough, big enough that happened. Some say that the Bitcoin market is too big to make a price, I think they have never seen the Vol trading on each floor, the highest point is only a few hundred million dollars / 24h. If you know a bit about the trillions of capitals of the New York Stock Exchange, Shanghai or even the hundreds of billions of dollars of Forex you will understand how small Bitcoin is.
The ETH’s plunged from $ 300 to $ 0.1 in a few minutes on the GDAX floor just because some sellers pulled out a few tens of millions of dollars causing Domino and triggered a stop-loss, The classic example of how coin market is still small. So, for a small market, if it’s a bubble, it’s a very early process and it’s a long process. Therefore, the personal point of view is that the present time is relatively safe, not to worry.
The ETH’s plunged from $ 300 to $ 0.1 in a few minutes on the GDAX floor just because some sellers pulled out a few tens of millions of dollars causing Domino and triggered a stop-loss, The classic example of how coin market is still small. So, for a small market, if it’s a bubble, it’s a very early process and it’s a long process. Therefore, the personal point of view is that the present time is relatively safe, not to worry.
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