Topic: Bitcoin, is it really just a bubble? - page 3. (Read 1038 times)

Bitcoin and in general the crypt market is not like the stock market, once you start buying crypto currency you never stop, you have not to stop if you want to decrease you cost because the only way to decrease your purchase cost is to buy more or sell from top and buy from bottom that I have never able to do this, market is too fast and I never catched it.

I strongly believe that Bitcoin will have a great future. Going back to how our money evolved. People started with barter or exchanging of products to another products. Then there came gold. We can buy if we have gold. Then, a solid currency / fiat was made for proper valuation. And now, we have credit cards in which with just one swipe, we can pay what we wanna buy. Then there goes the cryptocurrency world. Bitcoin was introduced and now being adapted by many. Everything just evolved and I believe this is going to dominate in the future.

Bitcoin is not a bubble. This is new technology with so much potential, some experts compare it with the development of cell phone technology or with the internet. Even the US authorities see the possibilities of cryptocurrencies and many governments are already implementing blockchain. The huge demand of bitcoin is creating the price rise and because of this incredible high price, some opponents call it a bubble.

Bitcoin itself is not a bubble. This is an ordinary digital coin, which was the first among the crypto currency, and because of this it became extremely popular. This popularity made bitcoin a financial bubble. Any kind of crypto currency can become a bubble if it has the same rush demand as it was for bitcoins. Now, if, due to the drop in popularity on bitcoin, he does not use the same level of demand, he will again turn from a bubble into a normal good crypto currency. So bitcoin made the bubbles themselves investors an unreasonable desire to enrich themselves by increasing its rate.

The internet is full of people referring to bitcoin as a "bubble". They are the reason for the spread of fear, uncertainty and doubt. They think that a high price will cause a fall, but their criticism goes beyond mere skepticism. Looks like they hate cryptocurrencies. However, many of these experts do not fully understand bitcoin ... or even economics.

For anyone who does not know what a bubble is, the investment refers to it as an asset resulting from unjustified but outstanding market behavior. It is simply a price increase that led to a lie or "false truth" in relation to the real value of an asset, and thus implies a huge income.

Soap bubble - must be controlled by someone! but bitcoin is not controlled, there is only negative news from the government! And only this news affects him negatively. I'm sure that the bitcoin is the future and we are all at this forum the first people who were able to observe the development of a new era of mankind with the help of blockchain technologies!

Bitcoin isnt a bubble everything which raise is nt bubble bitcoin is real in value and rare commodity present in the market

You do see it already comes up again.

Yes bitcoin is strong bubble not bubble only you will see it sometimes in dips but it will pumo again so dont worry if bitcoin goes down i will make sure and i can say that bitcoin will increase more than what you want.

Bitcoins value is unstable. No one can really predict of what will happen to its value. Even though some experts say that bitcoin is a bubble, they don't exactly understand the encrypted currencies. They just saying their comment or opinions on bitcoin bubbles. Understand first what is Cryptocurrencies before believing on them.

I used to think Bitcoin was a bubble, but I no longer hold this view.  If nothing else, put all the more complicated factors aside and think of Bitcoin as competing for some of the asset space held by gold and also to some extent art.  Gold, too, in its hedging functions is a “bubble,” though not a bubble.  It is hard to ship, but has some extra value because it is perceived as a focal asset and one that does not covary positively in a simple way with the market portfolio.  The same is true of Bitcoin, yet that kind of focality-based “bubbliness” can persist for centuries.  Note by the way that gold has become less of a hedge, partly because inflation has been low and partly because China and India dominate the gold market more than a few decades ago.  So new and better hedges are needed.  And what a backstory Bitcoin has, making it a strong competitor in this regard.

I am not saying that is the Bitcoin story, it is simply a Bitcoin story, a minimalist account that can appeal to skeptics.  And you can buy this story and still think the current price is either too high or too low.

I think they have a different perception than the other people and they give a statement that says bitcoin is a bubble. but we cannot say that person is wrong because every people can give they're arguing about bitcoin and we don't have to agree or not if it is not matched with our perception. even if bitcoin is really a bubble, we cannot do anything and we only follow the price and try to make a profit because I think this is the most reason for every trader which buying and selling cryptocurrency.

Apart from that, people has been calling bitcoin a bubble for far too long since 2013 without burst. So, when will the bubble burst? That is the question what we should be asking these guys who are calling bitcoin a bubble. I don't know why some people don't have a sense of reasoning. Everyone who study bitcoin knows it is not a bubble, so why other people call it with different names perhaps, they would live to regret their actions someday.

Actually we humans can't predict future sadly so i have no idea about it. but according to current market and bitcoin price it can't be just a bubble.

That's the question for those speculating on bitcoin. The only definite thing one should always keep in mind is we should always be attentive. We should be ready to sell when yet it's not too late. However, now bitcoin is a great opportunity! Enjoy!

I agree with an expert from Yale, bitcoin in the beginning had no value, but to date, many people have invested heavily in investment and wealth. And I understand most people who are afraid of falling bitcoins, honestly, I'm afraid of it myself, but while trading makes a profit, it needs to be dealt with.

Learning the stance of bitcoin right now actually lessen the need for people to treat it like a bubble. The upcoming steadiness of bitcoin, as well as recognition, made that possible.

Bitcoin rises and falls based on changes in demand, and changes in demand are based on how useful it is, and what market participants find it useful, and the supply is fixed and known, more transparently than any commodity in existence.
With that in mind, it is not controversial if bitcoin drops dramatically in value, except to the masses of people that are looking to use bitcoin as a short term retirement strategy. Unlike the stock market, commodities trading never caught on amongst the retail trading crowd for this specific reason as they aren’t expected to rise upwards to infinity, and in fact, have seasonal price spikes and troughs.

Although Bitcoin may not have the data or limited enough use to suggest seasonality, the point is that fixed supply assets always rise and fall dramatically based on changes of supply and demand and that is not controversial.

Looking at bitcoin akin to commodities is important because the effect of news is different. Just like with oil prices, bad and horrible news typically causes for a rise in oil prices. Hurricane in the gulf? Conflict in the other gulf? Higher oil prices because the supply is further constricted. You have probably felt this at the gas pump your entire life, but never considered buying oil yourself to profit from this phenomenon.

Many people have a skeptical or negative view of bitcoin, and are validated when “bad news” comes out, but are confused about why the price keeps rising anyway. Many times, bad news constricts supply.

For example, when bitcoin’s mempool is full, or when there is a backlog of transactions, this means that thousands upon thousands of bitcoin are completely off the market, unable to be accessed. In the graph above, 16,485 bitcoin are off the market for some time, with the current exchange rate being $3,900 at time of writing, this is $64,000,000 that is unavailable to purchase. With demand staying the same, or even rising, this means people have less bitcoin to buy and will have to raise the price they are willing to buy. With so many blockchain businesses using bitcoin, you see this throughout the weekdays, and less on the weekends.

This is just one insight that can give foresight into whether bitcoin is in a bubble, or not. The reality is a lot more nuanced than that.

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.

bitcoin is not a bubble that is likely to explode anytime, im no expert when it comes to price monitoring of the bitcoin but as  you can see prices can change anytime but look at some of the bitcoin investor, they still keep on waiting to drop like a bubble you said because that was the time to buy some bitcoin and wait for the great time to sell as the price goes higher,
not like altcoin as you can see bitcoin is stable as the times goes on, maybe theres some altcoin that is stable enough to compete bitcoin, and thats the time you can consider the bitcoin can pop like a bubble