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Topic: Are we in a bubble? (Read 2249 times)

member
Activity: 102
Merit: 10
September 11, 2017, 02:43:15 PM
#45
not in a bubble. Very very very few people actually buy digital currency as of now. Some friends might talk about it but  actual partipation rates are very still very low.
full member
Activity: 184
Merit: 100
Bitcoin lovers <3
September 11, 2017, 02:31:12 PM
#44
depending on how you think. Maybe we are truly in the big bubble because all altcoins increase their price significantly and they can drop whenever they want. And as you can see, our market is not stable, everytime it suffers a negative news, everything turns into red
sr. member
Activity: 401
Merit: 250
Presale is live!
September 11, 2017, 12:52:04 PM
#43
We were in a bubble. Not anymore. Didn't you watch bitcoin's price? China left all the coins even bitcoin. Bubble is long gone. It is over.
member
Activity: 115
Merit: 100
September 11, 2017, 11:36:58 AM
#42
if it bubble. all over world is bubble.
just 1% person know about bitcoin.
member
Activity: 89
Merit: 10
September 11, 2017, 11:35:45 AM
#41
I think more and more people are hearing about blockchain, bitcoin and alts, and this causes the amount of people that are interested in making a buck out of it rise exponentially. Only a very small potential of the market has been tapped. Exponential growth is natural for a very succesful novelty, but only if blockchain doesn't live up to its expectations will you see a bubble burst. Up until that point there's no telling how much this market will grow.
sr. member
Activity: 658
Merit: 255
September 11, 2017, 10:52:51 AM
#40
Not everyone makes a lot of money now. It is seen like a big bubble if you are not in it. It's a black hole rather than a bubble that everyone enjoys it.
hero member
Activity: 1708
Merit: 606
Buy The F*cking Dip
September 11, 2017, 10:02:22 AM
#39
I personally think that it's debatable. The focus shouldn't be whether we are or not in a bubble, but if that bubble is helping push and refine emerging technologies to the masses. If there's progress pushing the blockchain then why not? BTC has always surpassed doomsayers expectations and came out in better shape.

I've written my thoughts about this subject in the following blog post.

What do you think?

I must say that we are just entering the bubble and we are still in its early stage. I wouldn't stress myself out regarding whether we are in the bubble or not. With all the money that's entering the cryptospace day by day, I can say that this rush of money helps the technology to improve as the devs are having more resources to test their ideas.

I'll read your blog post in a few hours. Thanks in advance in providing additional reading materials regarding BTC.
full member
Activity: 126
Merit: 100
September 11, 2017, 09:56:39 AM
#38
In my opinion we're still far away from the bubble to burst. This is just a correction, nothing wrong with it

I love to float in this bubble! It bubblicious!
newbie
Activity: 27
Merit: 0
September 11, 2017, 09:47:54 AM
#37
In my opinion we're still far away from the bubble to burst. This is just a correction, nothing wrong with it
member
Activity: 103
Merit: 10
September 11, 2017, 09:43:17 AM
#36
we not in a bubble. But we are in dangerous zone now. If China ban crypto. that will be a long nightmare for us
newbie
Activity: 17
Merit: 0
September 11, 2017, 09:37:19 AM
#35
I believe yes. The question is how the bubble behaves this time...

I can imagine it to be very dynamic, which means blasting and growing at the same time continuously until the infrastructure is set and we have a fully split society of e-citizens and those who are left behind, not even knowing what a bitcoin and blockchain really is.
newbie
Activity: 42
Merit: 0
September 10, 2017, 06:52:34 PM
#34
Yes, see the price surge the last 6-9 months, nothing can explain that, so defenitely this is a bubble.
member
Activity: 64
Merit: 10
September 10, 2017, 03:48:48 AM
#33
This issue has been talked about a lot lately, though not bothering about it, but I still want to give my opinion. We are in a bubble, and this bubble can grow bigger, it will not break if it does not get too much impact from the environment (governments).
newbie
Activity: 28
Merit: 0
September 10, 2017, 03:09:52 AM
#32
The only question to me is, if it's a bubble which will be the projects to survive and rule ones it pops? Select carefully.

I agree, there are a lot of altcoins who won't survive because tere is no real project, they are just copies of litecoin or other coins
member
Activity: 73
Merit: 10
September 10, 2017, 02:41:38 AM
#31
We are definitely in a bubble. But nobody knows when it will pop, can be any time.
hero member
Activity: 580
Merit: 500
September 10, 2017, 02:01:43 AM
#30
In the last few weeks there was talk btc reaching $5000 in October. This was when btc,and other coins, were rising on a daily basis. There has now been a drop, quite large in some cases, in coins. No doubt some will panic and sell. As with most investments the price will recover but it will just take longer for btc to reach $5000.

Agreed. But definitely we are not in a bubble yet. Prices have been dropping due to the recent news from China causing many to panic and sell. But I believe prices will stabilise soon and within a few weeks things should go back to normal. Your thoughts?
sr. member
Activity: 451
Merit: 250
September 10, 2017, 01:50:51 AM
#29
In the last few weeks there was talk btc reaching $5000 in October. This was when btc,and other coins, were rising on a daily basis. There has now been a drop, quite large in some cases, in coins. No doubt some will panic and sell. As with most investments the price will recover but it will just take longer for btc to reach $5000.
hero member
Activity: 2842
Merit: 772
September 09, 2017, 11:49:43 PM
#28
Yes we are in bubble..bitcoin and another alt coin will burst and take anothe4 deep in this month. Maybe untill next years..i will wait bitco8n at $1000 or maybe $800. And will but many bitcoin if the deep reach that price. Hold tight bro..we are in the bigest roller coster in the world..

think you're going to be waiting a very long time if you're waiting for $800 or $1000 btc

LOL. I seriously doubt that we can ever touch that price again. Its more than half of the current price and the only thing I can think of such scenario happening is that big whalers dump their coins and shift to altcoin market. Do you think that they are stupid to do not? I don't think so. So this scenario is nearly impossible.

I don't think that we are in a bubble. This is already 2017 and a lot of investors is already in bitcoin. We even have a country that is backing up the market. Japan and Australia. The price decline now is due to the China announcement about banning ICO and local exchanges. Its not that a bubble has been burst.
sr. member
Activity: 1400
Merit: 273
September 09, 2017, 10:51:11 PM
#27
I personally think that it's debatable. The focus shouldn't be whether we are or not in a bubble, but if that bubble is helping push and refine emerging technologies to the masses. If there's progress pushing the blockchain then why not? BTC has always surpassed doomsayers expectations and came out in better shape.

I've written my thoughts about this subject in the following blog post.

What do you think?

Well, the entire world works in a bubble actually. The system, the paradigm, the status quo, and so on are resting on glass foundation. Time will always come for these to end. But right now, the end is not yet in sight and what we should be doing is getting the most out of it. The technologies change always. Hopefully for the better.
newbie
Activity: 19
Merit: 0
September 09, 2017, 07:58:35 PM
#26
Once crypto hits a trillion dollar market cap then you can start being concerned.
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