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Topic: Bitcoin is a bubble or not ? (Read 178 times)

full member
Activity: 500
Merit: 102
May 17, 2018, 06:11:58 PM
#18
On the subject of the bubble we can say that all projects related to the Internet have two ways either through success or bankruptcy.
And through good inspection, you find that the technology of the Blockchain and the digital currency Bitcoin are two sides of the same coin means that the success of the Blockchain technique is the success of the currency of the Bitcoin and this what see today and will say why the currency of Bitcoin succeeded?
The answer will be that the technology of plucin has become common and all the international companies are using it or providing support for it and this is for the answers available which have contributed to changing the method of using the Internet so it is likely that private companies will show ads that use this technology and this will provide the profit side of this technology
hero member
Activity: 1190
Merit: 534
May 17, 2018, 12:27:24 PM
#17
Bitcoin is a technology which is still in the development phase and no one is sure what is going to happen down the road but I am optimistic about it and I believe that it will come up with a better solution for the problems in traditional payment system on the global level. It is not the bubble at all because it keeps growing without any negative growth and everything is happy when there is a bubble but when it comes to Bitcoin there are many problems at this stage and we have to find a concrete solution for it to use it as a payment system on a longer timescale. This is my personal opinion and it is recommended to do own research before taking any decision.
jr. member
Activity: 33
Merit: 2
May 17, 2018, 11:46:56 AM
#16
bitcoin is not bubble .its trading market  few month ago bitcoin was going up 20000$ but it was sudden move so its down again .now bitcoin go up gradually  and i hope it ll go 30000$ .if you want to earn from any crypto  .1st you shuld learn trading market how and when coin go up and why again down when you ll understand coins move hope full  you ll make good profit
jr. member
Activity: 140
Merit: 2
May 17, 2018, 11:10:42 AM
#15
It's irrelevant whether Bitcoin is a bubble or not but what's relevant is the question do you invest in it?
It's the first crypto currency and it's here to stay.
Investing now in BTC is the best thing you can do because it will only rise in value with coming years.
Bubble or not, it's value will go up and down like the value of every other currency but in the end it won't burst and destroy itself.
member
Activity: 364
Merit: 58
May 17, 2018, 11:03:13 AM
#14
I read both opinions regarding that.
However one thing that I still wonder is that, if it is a Bubble, what is the problem with that? I mean, if you are looking to make money and you look at the prices frequently, the fact that they might be over evaluated some times, that could give you more profits, depending on when you bought right?

I'm sure bitcoin is not a bubble! Bitcoin shows stable growth for almost 10 years! Bitcoin is an excellent advanced technology and it will only strengthen its position in the market with time!
legendary
Activity: 3472
Merit: 10611
May 17, 2018, 10:33:40 AM
#13
Bitcoin is a bubble or not ?
bitcoin is not a bubble, it has bubbles from time to time. for example when price reached $20k it was in a big bubble. or when it reached $1200 back in 2013 it was in a bubble, or when it reached $20 back in 2010(?) it was in a bubble and also a while before that the $1 was also considered a bubble.

Quote
However one thing that I still wonder is that, if it is a Bubble, what is the problem with that? I mean, if you are looking to make money and you look at the prices frequently, the fact that they might be over evaluated some times, that could give you more profits, depending on when you bought right?
when you say something is in a bubble it means it will definitely burst and drop at some point coming down to its real value. for example in case of $20k the bubble burst and price dropped to $10k which was in my opinion the real value of bitcoin at this point based on its demand.
and that is not exactly a problem but depends on your point of view. as someone who wants to buy more bitcoin and is a trader it is an opportunity to sell at the top of the bubble and have a larger amount of money to buy back after the bubble burst was done. for example you could have nearly doubled your bitcoins if you did that.
newbie
Activity: 84
Merit: 0
May 17, 2018, 10:30:10 AM
#12
I read both opinions regarding that.
However one thing that I still wonder is that, if it is a Bubble, what is the problem with that? I mean, if you are looking to make money and you look at the prices frequently, the fact that they might be over evaluated some times, that could give you more profits, depending on when you bought right?

What I want to say is that the existence of anything is reasonable.

Let's take a look at what happened to Bitcoin in 2018:

Big traders are using Bitcoin to hedge fears of losses during the trade war

Bitcoin needs cash because more places accept cryptocurrencies

·Politicians are joining the cryptocurrency boom to fund campaigning campaigns

· Mass media reports BITCOIN every week.

North Korea is using Bitcoin to bypass U.S. sanctions

Tom Lee expects the cryptocurrency market will recover, thanks to the historical trends of some major companies and encryption-related announcements.

Even the farmers are talking about using Bitcoin to buy, sell and trade agricultural equipment or livestock.

At the beginning I was not optimistic about BTC, but slowly I realized his value.

The value he carries is freedom, which is why many people regard BTC as their own belief.

This is also about human nature, who can be trusted, our relatives, our friends, our country?

Many relatives in the world eventually became enemies, and friends eventually became enemies. The state fooled and abandoned his people.

BTC establishes a complete trust that cannot be changed. This is his value, so BTC is not a bubble.

newbie
Activity: 126
Merit: 0
May 17, 2018, 10:07:00 AM
#11
Bitcoin is created by the people, for the people, controlled, regulated by its users. There is no one behind it, how can it be a bubble?
Think of it like a computer program. It has been developed, but it operates as users tell him by their behavior and actions. The developers have no access to it (in terms of manipulations).
It follows a logic, and there is a way to understand to get adapted to that logic  Wink
sr. member
Activity: 504
Merit: 251
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May 17, 2018, 06:12:00 AM
#10
Really this is a question only yourself can answer.
Can you see a future in bitcoin and see it being number 1 forever? Media helps further fears that it is a bubble.
newbie
Activity: 196
Merit: 0
May 17, 2018, 04:08:10 AM
#9
However one thing that I still wonder is that, if it is a Bubble, what is the problem with that?

Who will you listen?

A person that doesn't have bitcoin but will say bitcoin is a bubble?

Or a person that has profited with bitcoin and chose to remain silent?

I agree with the opinion that a person who has bitcoin will not criticize him. The value of bitcoin is indisputable. No one would have refused to have it in their assets.
newbie
Activity: 17
Merit: 0
May 17, 2018, 03:44:40 AM
#8
It is better to believe in yourself first that you will profit by investing in BTC. Lots of people say BTC is a bubble because they are afraid to embrace it. They do not want to try the new technology that was created for us.
newbie
Activity: 26
Merit: 0
May 17, 2018, 02:03:48 AM
#7
I think it does, as many people try to have this which push their price too high. But there are many better coins so I think it'll be exploded one day.
newbie
Activity: 140
Merit: 0
May 17, 2018, 01:19:01 AM
#6
Bitcoin is the digital currency will become a bubble because it has increased so rapidly
legendary
Activity: 1666
Merit: 1196
STOP SNITCHIN'
May 08, 2018, 06:45:25 PM
#5
I read both opinions regarding that.
However one thing that I still wonder is that, if it is a Bubble, what is the problem with that?

A "bubble" implies a zero sum situation. In a bubble -- similar to a Ponzi scheme -- early entrants profit at the expense of late entrants. When the bubble collapses, late entrants lose their shirts.

Anyone who bought at $2 and sold at $15,000 profited greatly. Consider what will happen if the price returns to $2 now! Tongue

I mean, if you are looking to make money and you look at the prices frequently, the fact that they might be over evaluated some times, that could give you more profits, depending on when you bought right?

Sure, that applies to any investment instrument. But there is a difference between an overvalued asset and a bubble. An overvalued asset will usually revert to the mean based on its fundamental value. A bubble will just collapse to zero.

Based on history, Bitcoin is no bubble.
BQ
member
Activity: 616
Merit: 53
CoinMetro - the future of exchanges
May 08, 2018, 06:08:32 PM
#4
Considering the entire crypto marketcap is lower than HALF of Apple's marketcap, I think the answer is no! ("Apple has a Market Cap of 909.89B")
See all the projects built around crypto, in a few years there'll be many new Apple-level companies operating on blockchain technology.
if you specifically mean Bitcoin, still no, since all crypto still so far is kinda tied to Bitcoin!
See how few projects actually has released, or atleast finished, any products. This year, it's starting.
And the next years to come, we'll surely see a gigantic growth of crypto overall.

But for Bitcoin's faith, who knows what'll happen, if crypto in general untethers from Bitcoin, Bitcoin might slowly but steadily fall behind.
(unqualified opinion)
jr. member
Activity: 63
Merit: 5
May 08, 2018, 05:25:58 PM
#3
I think I would do some research into what a bubble actually is. Check out this article here for instance: https://www.investopedia.com/terms/b/bubble.asp

In a bubble, things aren't "over evaluated", they are "over valued". This is usually due to a large amount of speculation in those investment vehicles. One big example often eluded to is the dot com bubble. Nobody really knew the capabilities of dot com technologies or true indicators of long term success, and therefore, investors in the space were using a large amount of speculation. Does this speculation exist in the cryptocurrency market? Yes, quite a bit of it. However, I am a firm believer that the market is not necessarily in a bubble. At the very least, not yet.

You can mathematically measure when the value of the bitcoin network turned from being directly proportional to network activity to where it became a speculative investment vehicle. My opinion is that a lot more money is going to flow into the market with the advent of some large project launches this summer before we begin to enter a real bubble. I don't think we have seen the tip of the ice berg yet, but we won't really know until we get there.
hero member
Activity: 3024
Merit: 680
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May 08, 2018, 05:23:28 PM
#2
However one thing that I still wonder is that, if it is a Bubble, what is the problem with that?

Who will you listen?

A person that doesn't have bitcoin but will say bitcoin is a bubble?

Or a person that has profited with bitcoin and chose to remain silent?
newbie
Activity: 84
Merit: 0
May 08, 2018, 05:08:26 PM
#1
I read both opinions regarding that.
However one thing that I still wonder is that, if it is a Bubble, what is the problem with that? I mean, if you are looking to make money and you look at the prices frequently, the fact that they might be over evaluated some times, that could give you more profits, depending on when you bought right?
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