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Topic: Bitcoin, is it really just a bubble? - page 4. (Read 1038 times)

newbie
Activity: 25
Merit: 0
December 14, 2017, 05:10:36 AM
#56
Bitcoin is and can be seen as a sign for a new Era of time. Things (big values of money) and especially markets increasingly will change - what we see now in my opinion is only the beginning and it is reality
full member
Activity: 217
Merit: 100
December 14, 2017, 05:05:19 AM
#55
Bitcoin is a hot topic on newspapers, on websites in some countries. This year's bitcoin price increase makes many people think bitcoin is a bubble.It is inflated quickly and maximally and it will burst at any time. That makes investors worry about their future and their money
newbie
Activity: 77
Merit: 0
December 14, 2017, 03:09:21 AM
#54
I think bitcoin is a weird mix of goods and currencies. The value of a bitcoin's currency is derived from its monetary value, but its use as a currency is lessened as its commodity attributes become more pronounced.
full member
Activity: 1260
Merit: 102
December 14, 2017, 02:25:58 AM
#53
Well. in the start it might would had been that. a bubble. but now its no more a bubble. infact now the regular financial system looks like a bubble against the giant 'Bitcoin' and it looks like the the Giant will show no mercy and might crush the other regular financial systems
legendary
Activity: 1540
Merit: 1003
December 14, 2017, 02:17:41 AM
#52
If bitcoin is really a bubble, will it be a reason for you to quit ? It's just like facing a two problems alone. Life is worth taking a risk. It is worth to gamble for. However, I'm not persuading you to continue or quit. Overcoming situations such as this depends on the kind of person or the personality you have. If you can take it, then go for it. Quitting now won't give you the answers.
For how much long it will be a bubble. When will it burst out? It is very much clear before the people that people are investing more and more day by day and investor are also increasing every day so how can we say that all these people are fool or non-sense. They are earning huge amount through bitcoin business since 2009 so how they will believe that bitcoin is just a bubble.

Bitcoin is not a bubble. It is a real business of new based technology which saves time. Quitting from bitcoin would not be a wise decision.
full member
Activity: 420
Merit: 113
December 14, 2017, 12:29:35 AM
#51
For example, the billionaire brothers believe that bitcoin is waiting for a twenty-fold rise in price.
full member
Activity: 420
Merit: 113
December 14, 2017, 12:29:21 AM
#50
An expert from Yale, who was considered the most influential economist on Wall Street, called bitcoin a dangerous speculative bubble because of the lack of internal economic value of the concept. And other experts on the contrary believe that this is not true.
hero member
Activity: 1022
Merit: 511
December 14, 2017, 12:21:53 AM
#49
Many well known economist said it's a bubble. They even compared it to the biggest bubble of all time, the tulip bubble. And the comparison is very much alike. The signs of being a bubble can also be seen in bitcoin. That's according to these economist. Maybe they're just scared of how the success of bitcoin will affect the worldwide economy.
You have reached the actual point of pivot. Actually these all economist are using their name and disguising the actual facts and figures that bitcoin is making all this way. Bitcoin is succeeding in its mission and this is indigestible to all these. Therefore they are making such statements. Bitcoin is not a bubble, and if they are comparing the pumps and dumps with that, they are wrong.
full member
Activity: 392
Merit: 100
December 12, 2017, 08:12:30 AM
#48
Have always encounter these almost everyday giving negative views on bitcoin. But my question is, if bitcoin is really a bubble, then why it didn't ever popped until now? With all these negative views, i am still firm to my decision to invest in bitcoin and hodl it. I know bitcoin has still a long way to reach for its peak price.
full member
Activity: 294
Merit: 100
December 12, 2017, 08:07:02 AM
#47
it will surely be a bubble if the people who are engaged in it doesn't fully trust the blockchain technology behind bitcoin,
that is why it is a must that anyone engaged on it must fully understand cryptocurrency first.
it is not just a simple investment but a mission.
Cheesy
hero member
Activity: 1610
Merit: 507
December 12, 2017, 08:05:07 AM
#46
many people say that bitcoin is a bubble and many of them say that bitcoin is not a bubble. but for me, I think bitcoin is up and down too often and makes people get panic. but if bitcoin is really a bubble, then I think it is no problem for us because we still make money from bitcoin. if we can buy at a lower price then we can sell for the high price.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
December 12, 2017, 08:02:20 AM
#45
Investments that skyrockets in price are always called a bubble.
This wont stop until bitcoin takes a higher price in just weeks or just days.
They will keep on calling it like that but what do they really know. There is just a limited number of bitcoin and we are investing for our future where it will be used widely.
member
Activity: 79
Merit: 10
December 12, 2017, 07:48:10 AM
#44
its swollen bubble obviously, and its supposed to be deflated
member
Activity: 93
Merit: 10
December 12, 2017, 07:37:53 AM
#43
If bitcoin is really a bubble, will it be a reason for you to quit ? It's just like facing a two problems alone. Life is worth taking a risk. It is worth to gamble for. However, I'm not persuading you to continue or quit. Overcoming situations such as this depends on the kind of person or the personality you have. If you can take it, then go for it. Quitting now won't give you the answers.
member
Activity: 162
Merit: 10
December 12, 2017, 07:35:33 AM
#42
Don't listen to the media and what these experts say. They always like to release their views at random. Sometimes people who don't understand the encrypted currency are also commenting. It's ridiculous. I think some people even more than these experts do not know where bitcoin transactions.
sr. member
Activity: 392
Merit: 250
December 12, 2017, 07:23:43 AM
#41
Even though bitcoin lacks intrinsic value,the reason for its continuous increase in demand and price is that its supply is limited and so free from inflation.It is free from the hands of governments from whom the normal people suffered a lot due to high taxing.So,people find it as a safe haven.Also,bitcoin having no chance of getting hacked when kept in wallet unless its private keys revealed.The financial freedom it provides.The privacy it provides in sending very huge amounts of money without disclosing any personal details.All these factors make bitcoin price grow continuously.Bitcoin deserves even big price than this and any thing which is not priced above its value could not be termed as a bubble.
member
Activity: 209
Merit: 60
December 12, 2017, 06:55:56 AM
#40
it's to hard to say that bitcoin is a bubble or will become a bubble.  I would say that bitcoin is a non-stop rollercoaster with no ending.
member
Activity: 133
Merit: 10
December 12, 2017, 06:55:45 AM
#39
I do not agree.
Bitcoin is not bubble. Biitcoin can thrive, can add new features, may change value. The world desperately needs a better currency system, and the superior digital protocols that accompany it.
Bitcoin is not controlled by a single entity. such as the internet that has never been centrally controlled, and that's fine. And of course we are fine with the internet.
member
Activity: 423
Merit: 10
December 12, 2017, 06:50:38 AM
#38
Even it is a bubble, the value of BTC is growing up and I think that one should take advantage of it and make profits.
newbie
Activity: 28
Merit: 0
December 12, 2017, 06:48:53 AM
#37
The real bubble occurred in 2013 when it hit $1200 then shat to $200. I bought a flight on cheapoair the day it hit $1100 to go visit my friend overseas, by the time I landed the bubble was starting to pop. I remember the day clearly.

Nah that was a crash due to Mt Gox not a bubble
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