Bad news for Bitcoin - page 22. | Bitcointalksearch.org

1Referee

legendary

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Quote from: hasmukh_rawal on June 04, 2018, 10:41:52 AM

We cant really say whether the Bitcoin is a bubble or not.

We can. In most cases people refer to Bitcoin as the market (the price), but that's not how it should be looked at. The market (the price) and Bitcoin (the technology) itself are completely different.

The market can frequently enter an extremely overbought 'bubble' phase. It's perfectly fine when it happens, and if we look back, it has happened a few times already, and we're still here, so there is nothing to worry about.

The technology aspect of it however is not a bubble at all. If we look at all the developments and how much stronger the network has become throughout the years, and how much stronger it will become, we are continuously booking progress. People however don't see that progress because they only focus on what the price is doing, which as I said, is not how it should be looked at. It makes you miss out on plenty of important developments.

While everyone keeps worrying about the price, in the background Bitcoin's killer application (LN) is starting to gain more adoption, and that while it's still in the very early beta stage.

krauzzer02

full member

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Why most of the old dudes are saying this stuff to bitcoin without knowing anything from this crypto, they are always into traditional things bashing some innovative technologies and improvements because they are already comfortable and rich, I see that he is an economics professor but it doesn't really matter as long as you are not open to any innovation, potentials, and improvements, change are constant, the same thing with the bashers of the internet in the past.

hasmukh_rawal

copper member

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★777Coin.com★ Fun BTC Casino!

We cant really say whether the Bitcoin is a bubble or not. It sure is expensive and it is worth it too and hence there are supporters as well as haters for it.
We cant say whether Bitcoin will be there in the future or not but one we can say is that the Blockchain technology will lead us to a better future.
If the blockchain survives, so will the top most cryptocurrencies. I personally believe Bitcoin will stay until the end because it is major part of the blockchain that has evolved so much till date.

keanne_isaac

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www.daxico.com

Quote from: Fawez on June 04, 2018, 06:14:28 AM

If the opinion of Robert Schiller is seriously taken into account by investors from around the world, it is simply because he was the Nobel Prize in Economics in 2013. But when it comes to talking about Bitcoin, man does not chew his words. He is not seized by the craze that surrounds crypto-currencies for several months now.
Mr Schiller believes that Bitcoin is a speculative bubble that will end up exploding, even if in itself this virtual currency should not disappear.

lot of respected financial analyst have conflcting views with regards for bitcoin price some says it is a bubble that may burst anytime soon but some financial expert says bitcoim price may continue to surge amd even hit 50k$ or even higher. lets see to whom the market will choose its side.

Saritelli

newbie

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For bitcoins, as long as the blockchain does not work, there can be no bad news. If the news is related to burglary or something else, then this is negative. All other news are published only by speculators.

Xxmodded

sr. member

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Quote from: Fawez on June 04, 2018, 06:14:28 AM

If the opinion of Robert Schiller is seriously taken into account by investors from around the world, it is simply because he was the Nobel Prize in Economics in 2013. But when it comes to talking about Bitcoin, man does not chew his words. He is not seized by the craze that surrounds crypto-currencies for several months now.
Mr Schiller believes that Bitcoin is a speculative bubble that will end up exploding, even if in itself this virtual currency should not disappear.

I think there have been many economists who predict like him, even jp morgan earlier predicted it. but in fact, until now bitcoin persists and survives from various situations and attacks to weaken its value. do not forget, bitcoin has survived more than a decade.

onecall123

sr. member

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Let's them free to talk about bitcoin what their thoughts. It's not new story at this time, we must beware and not just flow over their words. Yes, They're no more news to hype the price and a lot of FUD news around us. But as well wisher looking forward the dominance of Bitcoin.

Cofee.BLUE

sr. member

Activity: 546

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Quote from: Script3d on June 04, 2018, 06:19:28 AM

Quote from: Fawez on June 04, 2018, 06:14:28 AM

If the opinion of Robert Schiller is seriously taken into account by investors from around the world, it is simply because he was the Nobel Prize in Economics in 2013. But when it comes to talking about Bitcoin, man does not chew his words. He is not seized by the craze that surrounds crypto-currencies for several months now.
Mr Schiller believes that Bitcoin is a speculative bubble that will end up exploding, even if in itself this virtual currency should not disappear.

let those people say bitcoin is a bubble but we cant deny bitcoin's blockchain will be the future let's see in the future if they can still call it "bubble".

That's right, just forget that negative things because there's a facts that in the near future bitcoin will be much successful even for now there are others that making or spreading negativity about it. Let stick to our positive vibes that make us to have a positive mind and lead our way to a positive things.

Peetxvg1

newbie

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I agree with you at all. Amen.

Quote from: bobitza on June 04, 2018, 07:06:12 AM

Quote from: Fawez on June 04, 2018, 06:14:28 AM

If the opinion of Robert Schiller is seriously taken into account by investors from around the world, it is simply because he was the Nobel Prize in Economics in 2013. But when it comes to talking about Bitcoin, man does not chew his words. He is not seized by the craze that surrounds crypto-currencies for several months now.
Mr Schiller believes that Bitcoin is a speculative bubble that will end up exploding, even if in itself this virtual currency should not disappear.

Bitcoin can be seen as a bubble and it can explode at any time. But, blockchain technology is different. It is a really useful technology for every aspect of our lives, and there is no reason why we should abandon it.

palle11

sr. member

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Quote from: bitfocus on June 04, 2018, 07:37:53 AM

Let them say crap about Bitcoin, does it matter? eventually, the world economy would go crypto in a few decades.

You are there on the future, thinking future is just the way to go. I'm not allowing any FUD to set one backwards. Cryptocurrency is 9 years now and running, blockchain isn't stoppable and that I know. Buddy ride on some altcoin.

catur123

jr. member

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no one can guess the bitcoin is a bubble or not, real news now there are some countries that legalized bitcoin in his country.
so do not be swayed by negative news about bitcoin.

BrewMaster

legendary

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There is trouble abrewing

you should seriously stop reading and listening to what others are saying about bitcoin, so far every single person who has talked about bitcoin has been biased. some more than others. but you will see the traces of it in their speeches without exception.

try to form your own opinion!

ajoygb

newbie

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There a lots of bad news about bitcoin that it is going down and it's recovery is possible and hackers are now controlling bitcoin that leads to downfall of bitcoin.

CoinSpeculator

sr. member

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Merit: 250

nobody knows what's gonna be happen Bitcoin in future. Because of that everyone talks about some bullshit day by day. just tired of this.

erickkyut

hero member

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Quote from: Fawez on June 04, 2018, 06:14:28 AM

If the opinion of Robert Schiller is seriously taken into account by investors from around the world, it is simply because he was the Nobel Prize in Economics in 2013. But when it comes to talking about Bitcoin, man does not chew his words. He is not seized by the craze that surrounds crypto-currencies for several months now.
Mr Schiller believes that Bitcoin is a speculative bubble that will end up exploding, even if in itself this virtual currency should not disappear.

Bitcoin being a bubble has been said many times by those people who are against it but Bitcoin remains strong. We cannot please everybody, there are lots of people who are against cryptocurrencies. The only thing we need to do is believe on it and just ignore those people who does not say good about it.

yudi31

newbie

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the bad news is, Some countries are already aware of the dangers of Bitcoin. Imagine, the digital currency is very volatile, last month is still US $ 340 is now worth US $ 1.240.

As quoted from CNBC on Friday (13/12/2013), the European Banking Authority (EBA) will issue a warning to its citizens next Friday.

This warning focuses on the high fluctuations in digital currency exchange rates, the highly vulnerable 'digital wallets' hacked, and the absence of a legal umbrella for Bitcoin.

In addition to Europe, the Government of China has also banned local banks to process all transactions related to Bitcoin. Because the digital currency is very popular in China and the number of users continues to grow

Ishiro5

copper member

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One thing that bitcoin has demonstrated over the years is that you can do nothing against the truth but for the truth. Bitcoin keeps overcoming all these doom sayers no matter how powerful they are.

LKingLion

newbie

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There is no perfect things in this world most specially in crypto world as we all know we are at the line of unpredictable and unstoppable crypto cycle in our time today. This crypto activities will never disappears while there are people who wants to have a partnership with this crypto ecosystems of changing to chances fiat to crypto.

macartem

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Quote from: Fawez on June 04, 2018, 06:14:28 AM

If the opinion of Robert Schiller is seriously taken into account by investors from around the world, it is simply because he was the Nobel Prize in Economics in 2013. But when it comes to talking about Bitcoin, man does not chew his words. He is not seized by the craze that surrounds crypto-currencies for several months now.
Mr Schiller believes that Bitcoin is a speculative bubble that will end up exploding, even if in itself this virtual currency should not disappear.

I think that this is not so. Because bitcoin is not a bubble, but a new eco-structure. This is not a pyramid - but an evolution in the world of currencies

jseverson

hero member

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Merit: 759

His opinions certainly carry more weight than most, but having the Nobel Prize doesn't mean you're always right. It's entirely possible that he's only speaking on the economic side of things, as that's his specialty. That's a recurring theme for people who speak out against Bitcoin anyway -- they always talk about the mania and how it's setup for failure, but never about the actual technology and its potential. I mean, it already does international and cross-border money transfers better than traditional systems, and it's very much still in its infancy. There's a lot of untapped potential in there, regardless of price movement.

Either way, I'm not losing any sleep over it. It's just another opinion at the end of the day. I still believe that the world will find Bitcoin beneficial, and maybe even necessary, in the future.

Topic: Bad news for Bitcoin - page 22. (Read 2419 times)