Bitcoin, is it really just a bubble? - page 2.

zsfdsz

newbie

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Quote from: Crypto-2X on February 07, 2018, 06:48:13 PM

Nobody can predict the BTC's future.. So it can be or now. In this situation then bubble is a joke and it won't happen because of a lot of peoples were invest their money for BTC specially the BTC whales. So it won't happen due to that.

As far as the current bitcoin transaction itself is concerned, it is a standard zero-sum game in which the profits of its predecessors come from the premium paid by future generations.

cpfreeplz

legendary

Activity: 966

Merit: 1042

A peer to peer digital cash can't be in a bubble, unless it's just a small temporary hype and correction. That's not even what a bubble is. This isn't some bs stock of some bs over hyped company, this is a way to change the way wealth is distributed and a way to change the way we think about money in general. This just isn't something that can be compared with the 2000's .com bubble or a freaking tulip bubble. All of those had businesses and infinite supplies. This is majorly different in every aspect.

yoseph

sr. member

Activity: 868

Merit: 266

Quote from: cutiemolit on March 03, 2018, 04:50:20 PM

Quote from: brickafterbrickwalldpt on March 03, 2018, 04:39:33 PM

Most people who considered Bitcoin as a bubble don't even know why so many people want to use it. All they know is some generic information which is mostly made up. Cryptocurrencies now a huge speculation but they are also a future. It might be possible that we will be paying with them in the next 5 years. Some people say that Bitcoin may reach 1 million dollars. It is possible but it's a long path, we will have to make Bitcoin better in order to reach that price.

No one can predict what will happen in the future. But if Bitcoin is a bubble it must have been pop up years ago. It already surpassed many challenges and still exists. I agree that if we want Bitcoin to be better to reach the value we want we need to support Bitcoin.

My sentiments exactly, those that claim that it is a bubble don't know what they are talking about. Most people thought Bitcoin is going to die when it got to $5k about two weeks ago amid the Chinese banning it but it recovered amazingly well.

cutiemolit

newbie

Activity: 179

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Quote from: brickafterbrickwalldpt on March 03, 2018, 04:39:33 PM

Most people who considered Bitcoin as a bubble don't even know why so many people want to use it. All they know is some generic information which is mostly made up. Cryptocurrencies now a huge speculation but they are also a future. It might be possible that we will be paying with them in the next 5 years. Some people say that Bitcoin may reach 1 million dollars. It is possible but it's a long path, we will have to make Bitcoin better in order to reach that price.

No one can predict what will happen in the future. But if Bitcoin is a bubble it must have been pop up years ago. It already surpassed many challenges and still exists. I agree that if we want Bitcoin to be better to reach the value we want we need to support Bitcoin.

turcalata

member

Activity: 574

Merit: 13

I'm tired of bitcoin balloon chats now. Could it be such an accepted balloon? First of all, the whole world learned blockchain technology thanks to bitcoin. Although there is a big improvement about central money transfer, it is not only that you do not know it will not be this area.

brickafterbrickwalldpt

full member

Activity: 294

Merit: 107

Most people who considered Bitcoin as a bubble don't even know why so many people want to use it. All they know is some generic information which is mostly made up. Cryptocurrencies now a huge speculation but they are also a future. It might be possible that we will be paying with them in the next 5 years. Some people say that Bitcoin may reach 1 million dollars. It is possible but it's a long path, we will have to make Bitcoin better in order to reach that price.

kingzues09

member

Activity: 226

Merit: 14

BaanX

Nope Bitcoin is not a bubble, Community wants bitcoin coz the technology behind bitcoin is powerful which is blockchain and we could see a 2nd phase of adoption.

vladimirovleanid

newbie

Activity: 36

Merit: 0

bitcoin is actually one of the lucrative projects. I have been earning them for about two years now

rin992014

newbie

Activity: 224

Merit: 0

The future is a question mark no one can guess it. You can see from the 2011 when the bitcoin price is only 1USD now how it? Bitcoin can be said as a bubble can break at any time

KwizatzHaderach

full member

Activity: 196

Merit: 100

Bitcoin value is a bubble but the tech that powers it is not. Govts are beginning to see this and they want to be the ones in control.
Bitcoin is the opposite of government's fiat and gives us monetary freedom. We will be seeing more regulation and these will dampen some demand for BTC. Blockchain tech though will still power through. ICOs are the future.

LindaFallar

newbie

Activity: 252

Merit: 0

Bitcoin is the hot issue overpass in our society now. There are many people who join bitcoins because for them it is a standard cryptocurrencies in the worl. In connection to this, Bitcoin is not a bubble. Bitcoin is real.

sicnarfkswiss

jr. member

Activity: 84

Merit: 5

Quote from: Jeric_ on December 05, 2017, 06:38:59 AM

Bitcoin has recently been a hot topic among many people, economist especially. But as it moves towards the $12,000 index many are having doubts as to how stable the market for bitcoin really is. Just recently, an expert from Yale who was considered as Wall Street's most influential economist described it as a dangerous speculative bubble due to its lack of intrinsic underlying economic value to the concept.

Despite the lack of understanding of its mechanics by lots of investors, why and how does it continue to prosper?

Is it really just a bubble? And if it is, when is this bubble going to burst?

As long as investors will not going to pullout because of panic due to plunging value it will not burst to zero. They may say its a bubble, maybe it is, because the value drops but believe me it will not go to zero.. Let just continue believing and invite others to join in that way we can save the crypto world.

Cryptoproff

member

Activity: 224

Merit: 10

Bitcoin is not a bubble. This is new technology with great potential, like as Internet or wireless technologies.

Gabb

full member

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Merit: 105

In terms of its contribution to financial technology, bitcoin is much more than the simple speculative mechanism in which investors have converted it, avid for easy and quick profits. Therefore I believe that the manipulation of price (bubble) that has been seen in recent dates is not the fault of the bitcoin or the blockchain technology itself, but of an open capitalist market always willing to profit even from the noblest ideas such as bitcoin, not caring too much to destroy it on the road, as capitalism usually does.

Icaxx

full member

Activity: 168

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Quote from: Jeric_ on December 05, 2017, 06:38:59 AM

Bitcoin has recently been a hot topic among many people, economist especially. But as it moves towards the $12,000 index many are having doubts as to how stable the market for bitcoin really is. Just recently, an expert from Yale who was considered as Wall Street's most influential economist described it as a dangerous speculative bubble due to its lack of intrinsic underlying economic value to the concept.

Despite the lack of understanding of its mechanics by lots of investors, why and how does it continue to prosper?

Is it really just a bubble? And if it is, when is this bubble going to burst?

I dont think bitcoin is 100% bilubble.
Yes its true bitcoin become the hot topic because the popularity of bitcoin increase.
Although biitcoin is dropping but because of this many people notice bitcoin. I dont say its good but at least more people notice bitcoin is exist.

Regarding the bubble, if you see the bubble burst, it will never recover again to boom. But bitcoin, when its correction very deep like now, it has big chance to recover back to its normal price.

Someone said that the people join the party at the last time will loss the money. And i dont agree with that. Why? Because when you having loss, you need patient to wait the best time to buy at deep, so after price recover, they will finally ending with profit.
So profit or loss depending on our decision. Not because first or last.
I dont think all people agree with me but i think that is mine

Crypto-2X

member

Activity: 101

Merit: 10

Crypto is everything!!

Nobody can predict the BTC's future.. So it can be or now. In this situation then bubble is a joke and it won't happen because of a lot of peoples were invest their money for BTC specially the BTC whales. So it won't happen due to that.

Jessica2009

full member

Activity: 348

Merit: 100

Bitcoin is the fastest growing asset in the world if we have a closer look at Bitcoin we find that bitcoin is constant
It is hard to understand that Bitcoin a bubble that is about to burst.Even though those who have not invested in Bitcoin have a close look about what is going to happen to Bitcoin next since the growth of Bitcoin was like a skyrocket at the previous year.Bitcoin is a digital cryptocurrency that can be used all over the globe without a third party influence.

mamesso

hero member

Activity: 2114

Merit: 740

Leading Crypto Sports Betting & Casino Platform

I'm not too worried about the bubble issue, it's a kind of fear that will make us lose and not invest.
I am a trader if my mind always remember it then I may aka feel panicked and will lose my money.
stay calm and enjoy the price, up and down it's normal.

edgycorner

sr. member

Activity: 1064

Merit: 382

Hurrah for Karamazov!

If you compare Rodrigues graph with the previous crashes.Then bitcoins looks like a bubble.
So it does make bitcoin a bubble, but it always bounces back.And it bounces back to even greater heights.Even stocks can be considered as a bubble.

You can consider bitcoin as a bubble with S curve adaption which is moving up.the market is volatile, sometimes it goes too much up.Then correction occurs followed by a bulls trap.All of these are features of a bubbles.But it inflates again, and everytime a new bubble is created!
How about we call the graph as bubblechain:Chain of bubbles XD

greenclub09

full member

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BBOD - The Best Crypto Derivatives Exchange

Quote from: junoreactor on December 16, 2017, 06:47:33 AM

Are cryptos a bubble? Yes for sure, very similar to the start of the Internet. Is Bitcoin a bubble? Possibly not, if it can evolve, save the fees problem and become a real currency.

same thought with you, bitcoin is not a bubbe, it is still very young currency, it is normal to see the correction from bitcoin nowadays, i believe there will be more price corrections in the future in order to make bitcoin back to its real value and become more stable to be the most value crypto currency on the market.

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