Bitcoin bubble - page 11. | Bitcointalksearch.org

Pursuer

legendary

Activity: 1638

Merit: 1163

Where is my ring of blades...

Quote from: freightjoe on November 22, 2017, 02:26:31 AM

Quote from: Pursuer on November 22, 2017, 02:24:20 AM

I have not yet seen any valid argument apart from this to prove bitcoin is a bubble! and yet they keep repeating it.

There have been an avalanche of arguments.

saying random words and making them long doesn't mean you are using valid arguments. it just means you talk a lot!

Quote from: freightjoe on November 22, 2017, 02:26:31 AM

But you are apparently in the camp where your ego is so fragile that you cannot get yourself to admit the party is coming to an end, and that your dream of becoming rich without having to work will not come true.

I have never had such dreams of getting rich over night or without work. I have worked hard for every cent that I have ever earned and risked a lot doing so.
and believe it or not, you are not the first "account" on bitcointalk that I have seen saying the same scripted nonsense in the past 3 years. you all disappear and a new account replaces you. and here is your boss: kwukduck, you can't beat his record Wink

marriams

newbie

Activity: 42

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There is not such thing as too big for a bubble

Look at all the bubbles which already happened...they were huge.

coolcountry

member

Activity: 154

Merit: 11

Quote from: freightjoe on November 22, 2017, 02:26:31 AM

Quote from: Pursuer on November 22, 2017, 02:24:20 AM

I have not yet seen any valid argument apart from this to prove bitcoin is a bubble! and yet they keep repeating it.

There have been an avalanche of arguments. But you are apparently in the camp where your ego is so fragile that you cannot get yourself to admit the party is coming to an end, and that your dream of becoming rich without having to work will not come true.

Well there are a bunch of arguments for and against, so one side is not automatically correct.

Besides, you keep referring to "getting rich without working", I see no difference between investing in bitcoin and buying stocks and waiting for them to go up, as far "getting rich without working" is concerned.

freightjoe

full member

Activity: 238

Merit: 109

Quote from: blockman on November 22, 2017, 02:32:03 AM

Quote from: Bitcall on November 22, 2017, 01:55:55 AM

Bitcoin now is too big for a bubble or the risk is ever the same?

almost everything to bitcoin is a bubble

This is correct

blockman

hero member

Activity: 3066

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Vave.com - Crypto Casino

Quote from: Bitcall on November 22, 2017, 01:55:55 AM

Bitcoin now is too big for a bubble or the risk is ever the same?

Fiat is a bubble too. How long have you been in crypto just to say things like this? Many times I did read the same words for bitcoin. Bitcoin is a bubble, bitcoin is so whatever. Risk is risk and no it will not be gone, it doesn't matter if it will ever be the same again or not. Bitcoin speculations are bubble too, almost everything to bitcoin is a bubble and as we keep on saying this thing it's price is kicking. It has dropped and corrected for so many times but it stood up again.

roy12875

member

Activity: 127

Merit: 10

bubble?? i think not yet, i think will go > $10000. I wish go down to$1000, i can my some bitcoin Grin

freightjoe

full member

Activity: 238

Merit: 109

Quote from: Pursuer on November 22, 2017, 02:24:20 AM

I have not yet seen any valid argument apart from this to prove bitcoin is a bubble! and yet they keep repeating it.

There have been an avalanche of arguments. But you are apparently in the camp where your ego is so fragile that you cannot get yourself to admit the party is coming to an end, and that your dream of becoming rich without having to work will not come true.

Pursuer

legendary

Activity: 1638

Merit: 1163

Where is my ring of blades...

Quote from: Spoetnik on November 22, 2017, 02:16:14 AM

Quote from: coolcountry on November 22, 2017, 02:03:56 AM

Quote from: freightjoe on November 22, 2017, 01:57:03 AM

Quote from: Bitcall on November 22, 2017, 01:55:55 AM

Bitcoin now is too big for a bubble or the risk is ever the same?

"too big for a bubble"? No, it is different - as it grows bigger faster, the bubble is expanding further which means that the crash will also be bigger

If you think it is a bubble, that is. The price is rising, yes, but what exactly makes yoı think it's a bubble?

https://en.wikipedia.org/wiki/Great_Recession
https://en.wikipedia.org/wiki/United_States_housing_bubble
https://en.wikipedia.org/wiki/2010_United_States_foreclosure_crisis
https://en.wikipedia.org/wiki/Financial_crisis_of_2007%E2%80%9308

Crypto coins are identical to worthless mortage derivative bundles.

crypto coins (altcoins) =/= bitcoin

these days the only reason why people say bitcoin is a bubble is because they look at the price and see it is a big number, they have no understanding of what that number is, why it is there and why it keeps on rising and where all the money is coming from.
I have not yet seen any valid argument apart from this to prove bitcoin is a bubble! and yet they keep repeating it.

freightjoe

full member

Activity: 238

Merit: 109

Quote from: Kakmakr on November 22, 2017, 02:21:05 AM

The most expensive publicly traded stock of all time is Warren Buffett's Berkshire Hathaway (BRK.A), which is trading at $271,410 per share, as of Nov. 17, 2017). Do you think that is a bubble? We are not even close to a bubble yet. Bitcoin has seen massive adoption in the last year with Japan legalizing it as a currency, so you can expect a huge increase in the price over time. < As more merchants and people start buying and trading bitcoins >

The people call this a bubble, because of the volatility and that is quite normal with a currency/commodity that are small in comparison to other currencies/commodities.

Clearly you must have fallen and hit your head.

There is solid value behind Buffett's share. Real companies doing real work.

There is nothing behind Bitcoin expect naive peoples' hopes and dreams of becoming rich without having to work.

Kakmakr

legendary

Activity: 3542

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Leading Crypto Sports Betting & Casino Platform

The most expensive publicly traded stock of all time is Warren Buffett's Berkshire Hathaway (BRK.A), which is trading at $271,410 per share, as of Nov. 17, 2017). Do you think that is a bubble? We are not even close to a bubble yet. Bitcoin has seen massive adoption in the last year with Japan legalizing it as a currency, so you can expect a huge increase in the price over time. < As more merchants and people start buying and trading bitcoins >

The people call this a bubble, because of the volatility and that is quite normal with a currency/commodity that are small in comparison to other currencies/commodities.

hv_

legendary

Activity: 2534

Merit: 1055

Clean Code and Scale

Quote from: Spoetnik on November 22, 2017, 02:16:14 AM

Quote from: coolcountry on November 22, 2017, 02:03:56 AM

Quote from: freightjoe on November 22, 2017, 01:57:03 AM

Quote from: Bitcall on November 22, 2017, 01:55:55 AM

Bitcoin now is too big for a bubble or the risk is ever the same?

"too big for a bubble"? No, it is different - as it grows bigger faster, the bubble is expanding further which means that the crash will also be bigger

If you think it is a bubble, that is. The price is rising, yes, but what exactly makes yoı think it's a bubble?

https://en.wikipedia.org/wiki/Great_Recession
https://en.wikipedia.org/wiki/United_States_housing_bubble
https://en.wikipedia.org/wiki/2010_United_States_foreclosure_crisis
https://en.wikipedia.org/wiki/Financial_crisis_of_2007%E2%80%9308

Crypto coins are identical to worthless mortage derivative bundles.

I'd agree if you cannot use cryptos for other tasks except speculation.

Bitcoin Cash is the only thing out there for creating a closed economy - so this is different.

benzen

brand new

Activity: 0

Merit: 0

I thought it was a bubble in April Grin

I think there may be a bit too much hot air in the economy, but it's impossible to call the top. After all Bitcoin's quantity is fixed. You can always build more houses or factories, which makes the markets more prone to crashing.

tomforgery

newbie

Activity: 30

Merit: 0

it is too big for bubble but fast increase of price in short time make all think it is bubble

freightjoe

full member

Activity: 238

Merit: 109

Quote from: Spoetnik on November 22, 2017, 02:16:14 AM

Quote from: coolcountry on November 22, 2017, 02:03:56 AM

Quote from: freightjoe on November 22, 2017, 01:57:03 AM

Quote from: Bitcall on November 22, 2017, 01:55:55 AM

Bitcoin now is too big for a bubble or the risk is ever the same?

"too big for a bubble"? No, it is different - as it grows bigger faster, the bubble is expanding further which means that the crash will also be bigger

If you think it is a bubble, that is. The price is rising, yes, but what exactly makes yoı think it's a bubble?

https://en.wikipedia.org/wiki/Great_Recession
https://en.wikipedia.org/wiki/United_States_housing_bubble
https://en.wikipedia.org/wiki/2010_United_States_foreclosure_crisis
https://en.wikipedia.org/wiki/Financial_crisis_of_2007%E2%80%9308

Crypto coins are identical to worthless mortage derivative bundles.

Well said

Spoetnik

legendary

Activity: 1540

Merit: 1011

FUD Philanthropist™

Quote from: coolcountry on November 22, 2017, 02:03:56 AM

Quote from: freightjoe on November 22, 2017, 01:57:03 AM

Quote from: Bitcall on November 22, 2017, 01:55:55 AM

Bitcoin now is too big for a bubble or the risk is ever the same?

"too big for a bubble"? No, it is different - as it grows bigger faster, the bubble is expanding further which means that the crash will also be bigger

If you think it is a bubble, that is. The price is rising, yes, but what exactly makes yoı think it's a bubble?

https://en.wikipedia.org/wiki/Great_Recession
https://en.wikipedia.org/wiki/United_States_housing_bubble
https://en.wikipedia.org/wiki/2010_United_States_foreclosure_crisis
https://en.wikipedia.org/wiki/Financial_crisis_of_2007%E2%80%9308

Crypto coins are identical to worthless mortage derivative bundles.

coolcountry

member

Activity: 154

Merit: 11

Quote from: freightjoe on November 22, 2017, 02:06:49 AM

Quote from: coolcountry on November 22, 2017, 02:03:56 AM

Quote from: freightjoe on November 22, 2017, 01:57:03 AM

Quote from: Bitcall on November 22, 2017, 01:55:55 AM

Bitcoin now is too big for a bubble or the risk is ever the same?

"too big for a bubble"? No, it is different - as it grows bigger faster, the bubble is expanding further which means that the crash will also be bigger

If you think it is a bubble, that is. The price is rising, yes, but what exactly makes yoı think it's a bubble?

Because it fits all the parameters of a bubble as we have seen them again and again. What is needed is that you prove why this for the first time in the history of the world is different. And don't start on the "new technology" speech, because we have been there many times before with technology that was much more disruptive when it came out such as the steam engine, the printing press, the airplane, steam ships, the internet and so on and so on and so on

I choose to look at it not only in terms of bitcoin, but cryptocurrencies as a whole. Some altcoins are rising, some are falling and some are stagnant. Not every currency is rising infinitely without reason, that's why I still don't see where the bubble exactly is. Sure, the bitcoin price may be higher than it should be right now (due to excessive demand, bullish markets, whatever) but the price can eventually correct itself and not necessarily in the form of a bursting bubble, destroying the rest of the market along with it.

player514

legendary

Activity: 1414

Merit: 1039

Quote from: Bitcall on November 22, 2017, 01:55:55 AM

Bitcoin now is too big for a bubble or the risk is ever the same?

One thing: I believe this should be posted in the speculation section, but it should be fine for right now.

Bitcoin may always be a form of bubble. There will always be whales trying to buy more and encourage many people to keep buying. What follows these bubbles is correction periods, which do even out the price to much more of a "true value" even though there is no physical backing for bitcoin. This cycle will just continue to happen until we see a huge drop or some stabilization in the bitcoin price through some form of centralization (which defeats the purpose of the coin and should not happen).

freightjoe

full member

Activity: 238

Merit: 109

Quote from: coolcountry on November 22, 2017, 02:03:56 AM

Quote from: freightjoe on November 22, 2017, 01:57:03 AM

Quote from: Bitcall on November 22, 2017, 01:55:55 AM

Bitcoin now is too big for a bubble or the risk is ever the same?

"too big for a bubble"? No, it is different - as it grows bigger faster, the bubble is expanding further which means that the crash will also be bigger

If you think it is a bubble, that is. The price is rising, yes, but what exactly makes yoı think it's a bubble?

Because it fits all the parameters of a bubble as we have seen them again and again. What is needed is that you prove why this for the first time in the history of the world is different. And don't start on the "new technology" speech, because we have been there many times before with technology that was much more disruptive when it came out such as the steam engine, the printing press, the airplane, steam ships, the internet and so on and so on and so on

coolcountry

member

Activity: 154

Merit: 11

Quote from: freightjoe on November 22, 2017, 01:57:03 AM

Quote from: Bitcall on November 22, 2017, 01:55:55 AM

Bitcoin now is too big for a bubble or the risk is ever the same?

"too big for a bubble"? No, it is different - as it grows bigger faster, the bubble is expanding further which means that the crash will also be bigger

If you think it is a bubble, that is. The price is rising, yes, but what exactly makes yoı think it's a bubble?

freightjoe

full member

Activity: 238

Merit: 109

Quote from: Bitcall on November 22, 2017, 01:55:55 AM

Bitcoin now is too big for a bubble or the risk is ever the same?

"too big for a bubble"? No, it is different - as it grows bigger faster, the bubble is expanding further which means that the crash will also be bigger

Topic: Bitcoin bubble - page 11. (Read 3108 times)