Topic: Bitcoin is a bubble? - page 2. (Read 600 times)
Bitcoin is not a bubble and it will not burst, no fear because of that. But there are similarities with the story because at the begininig Bitcoin was reserved for technology guys and people who were oriented to virtual world and it was not well known like today. Now it's available to anyone or better to say very different types of people having in mind their education, age, gender etc. they all are interested in Bitcoin and using it.
I don't think Bitcoin is a bubble but it definalty has the potential to just drop at any point just like it did a few years ago.
An interesting story, I've never heard of it, thank you. But your question vryatle people have a 100% correct answer. Perhaps bitcoin is a bubble, but it will burst within 2-5 min. And now just shave the hamsters and the growth will continue. Invest in longevity. 
I think it is very likely for bitcoin to pop sometime soon, but It will also likely recover.
The pic pretty much describes Bitcoin's long term progression:
The pic pretty much describes Bitcoin's long term progression:
Doesn't matter what people say, if its a bubble or not. As long as the price goes up (which will) more and more merchants/businesses will be forced/interested to implement Bitcoin as payment method. I believe that this will be mostly case in 2018 as hype will increase dramatically.
If it's a bubble that's implying that it won't go up, but simply 'pop' and take a substantial value hit. Hype is also a good and bad thing, the thing with hype is that it's usually short term and causes much instability and personally I don't think many merchants are going to be interested until it's a little more stable that it has been the past few years.
Personally, I believe Bitcoin isn't a bubble overall, but it's inevitable that we will go through bubbles throughout it's time.
Doesn't matter what people say, if its a bubble or not. As long as the price goes up (which will) more and more merchants/businesses will be forced/interested to implement Bitcoin as payment method. I believe that this will be mostly case in 2018 as hype will increase dramatically.
i think yes
There is a story, as on the eve of the Great Depression Rockefeller was cleaning his shoes from a street cleaner. And the cleaner asked him if it was worth selling shares or waiting a little longer? After that, Rockefeller called his stock exchange broker with the order to sell all the securities at once: "If there is already a shoe cleaner on the stock exchange, then there's nothing for me to do!".
Even if this story is fake, do you think it can happen with bitcoin?
Even if this story is fake, do you think it can happen with bitcoin?
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