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Topic: Bitcoin, is it really just a bubble? - page 5. (Read 1040 times)

newbie
Activity: 28
Merit: 0
December 12, 2017, 06:48:32 AM
#36
The real bubble occurred in 2013 when it hit $1200 then shat to $200. I bought a flight on cheapoair the day it hit $1100 to go visit my friend overseas, by the time I landed the bubble was starting to pop. I remember the day clearly.
newbie
Activity: 28
Merit: 0
December 12, 2017, 06:48:10 AM
#35
saying bitcoin is in a bubble is FUD spread by traditional bankers its like saying the internet or apple was in a bubble when it just started only diffrence is bitcoin is a treat to the global finacial system unlike the internet so you guys must expect a bumpy ride but i bellieve we will see a 100 000$ bitcoin in the future!

The Economist magazine recently published an edition with the article, 'the bubble without any fizz'. The general gist is that 'Low interest rates have made more or less all investments expensive'.
Bitcoin could be included in the scope of 'all investments'. If 'everything' is a bubble, then is it sensible to even talk in terms of bubbles?
If 'Everything' is a bubble in terms of fiat currency, then perhaps the questions should focus on the currency itself. This is the common denominator that gives 'life' to these bubble characterisations.
Our fiat currencies are debased, they are becoming worthless. People are finding safety in houses, art, stocks, land etc. They are becoming stores of value in themselves! Inefficient ones!
Many people are waiting for a more efficient store of value. Bitcoin is the best contender right now to serve that purpose.

In an era of deep mistrust in big government, it's pretty huge.

The technology is just getting better and better. Crypto bubble is just hearsay from this point.
newbie
Activity: 28
Merit: 0
December 12, 2017, 06:47:51 AM
#34
saying bitcoin is in a bubble is FUD spread by traditional bankers its like saying the internet or apple was in a bubble when it just started only diffrence is bitcoin is a treat to the global finacial system unlike the internet so you guys must expect a bumpy ride but i bellieve we will see a 100 000$ bitcoin in the future!

The Economist magazine recently published an edition with the article, 'the bubble without any fizz'. The general gist is that 'Low interest rates have made more or less all investments expensive'.
Bitcoin could be included in the scope of 'all investments'. If 'everything' is a bubble, then is it sensible to even talk in terms of bubbles?
If 'Everything' is a bubble in terms of fiat currency, then perhaps the questions should focus on the currency itself. This is the common denominator that gives 'life' to these bubble characterisations.
Our fiat currencies are debased, they are becoming worthless. People are finding safety in houses, art, stocks, land etc. They are becoming stores of value in themselves! Inefficient ones!
Many people are waiting for a more efficient store of value. Bitcoin is the best contender right now to serve that purpose.

In an era of deep mistrust in big government, it's pretty huge.
newbie
Activity: 28
Merit: 0
December 12, 2017, 06:47:15 AM
#33
saying bitcoin is in a bubble is FUD spread by traditional bankers its like saying the internet or apple was in a bubble when it just started only diffrence is bitcoin is a treat to the global finacial system unlike the internet so you guys must expect a bumpy ride but i bellieve we will see a 100 000$ bitcoin in the future!

The Economist magazine recently published an edition with the article, 'the bubble without any fizz'. The general gist is that 'Low interest rates have made more or less all investments expensive'.
Bitcoin could be included in the scope of 'all investments'. If 'everything' is a bubble, then is it sensible to even talk in terms of bubbles?
If 'Everything' is a bubble in terms of fiat currency, then perhaps the questions should focus on the currency itself. This is the common denominator that gives 'life' to these bubble characterisations.
Our fiat currencies are debased, they are becoming worthless. People are finding safety in houses, art, stocks, land etc. They are becoming stores of value in themselves! Inefficient ones!
Many people are waiting for a more efficient store of value. Bitcoin is the best contender right now to serve that purpose.
newbie
Activity: 28
Merit: 0
December 12, 2017, 06:46:37 AM
#32
saying bitcoin is in a bubble is FUD spread by traditional bankers its like saying the internet or apple was in a bubble when it just started only diffrence is bitcoin is a treat to the global finacial system unlike the internet so you guys must expect a bumpy ride but i bellieve we will see a 100 000$ bitcoin in the future!
newbie
Activity: 51
Merit: 0
December 12, 2017, 06:44:57 AM
#31
I do not think it is just a bubble that is the currency of the future because it can not be falsified
full member
Activity: 179
Merit: 106
December 12, 2017, 02:12:12 AM
#30
it is hard to see what would stop central banks from creating their own digital currencies and using regulation to tilt the playing field until they win. The long history of currency tells us that what the private sector innovates, the state eventually regulates and appropriates. I have no idea where bitcoin’s price will go over the next couple years, but there is no reason to expect virtual currency to avoid a similar fate.
hero member
Activity: 1190
Merit: 534
December 12, 2017, 12:56:19 AM
#29
I can understand that sudden surge in the price was unexpected to everyone but since institutional investors are willing to join this game, they are pouring their capital day by day and hence the price is increasing. Definitely, the price can decrease rapidly if they decide to exit from this game. However, as of now the intentions of those investors are unclear and hence it appears like a huge bubble but I am expecting a correction soon and the price will fall.
member
Activity: 120
Merit: 14
December 12, 2017, 12:21:09 AM
#28
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.
full member
Activity: 448
Merit: 100
December 10, 2017, 10:06:54 AM
#27
I don't understood What do you means bubble for bitcoin ?Angry Angry
Bitcoin is not a bubble that It will explode.Present time Bitcoin is the most important issue.Many people known about bitcoin now.Bitcoin increasing system is very amazing.I am not agree with you that bitcoin is a bubble.
full member
Activity: 146
Merit: 100
December 07, 2017, 08:06:11 AM
#26
Being calling BTC a bubble, according to me it is the most senseless thing because BTC is not a bubble that is very big now a days and will be burst into air in the future. It is the future of finance that has attracted attention of many investors and moreover BTC increasing valuation and its increasing craze and demand among people has made him the superstar of the currency world, of which every one is fan. BTC redefines the definition of investment and economics and will definitely be used by everyone in coming future, so it is not the bubble but the water ,which will continue to flow always.
member
Activity: 70
Merit: 10
December 05, 2017, 10:33:09 AM
#25
People I talked with say that it's seems to be a bubble. That's why I am afraid to buy even a satoshi.
full member
Activity: 140
Merit: 100
December 05, 2017, 10:29:24 AM
#24
I disagreed with the wall street economist, for it to go a long way till this moment from 2009, without any sign of bursting, then what could make it burst at this time of it famous?
sr. member
Activity: 616
Merit: 250
December 05, 2017, 10:23:56 AM
#23
if only a bubble then bitcoin has been destroy long time ago. is not the price and the value actually getting more and more expensive?
if bitcoin is a bubble then it will not want big investors investing here, but they want to.
sr. member
Activity: 2226
Merit: 259
Buzz App - Spin wheel, farm rewards
December 05, 2017, 09:54:29 AM
#22
Bitcoin is the most important issue in 2017 I think.Many criticized about this coin in wrold wide.Bitcoin pump amazing 11,700$ but I am not agree to believe BTC is like as bubble.BTC price always movable it's so much pretty.I think no risk in investment.
full member
Activity: 406
Merit: 105
December 05, 2017, 09:49:42 AM
#21
Why do they call Bitcoin a bubble? Maybe they are people who are too worried about an investment. And I guess they are people who have not really understood about Blockchain and Bitcoin.

Yeah. we can't really force others to make believe in btc,some are negative thinkers when it comes to btc or other cryptos because they don't trust it and they are afraid to lose their investment. I cant tell if btc price now is really a bubble because it keeps increasing.
full member
Activity: 350
Merit: 100
December 05, 2017, 09:41:53 AM
#20
Why do they call Bitcoin a bubble? Maybe they are people who are too worried about an investment. And I guess they are people who have not really understood about Blockchain and Bitcoin.
sr. member
Activity: 812
Merit: 250
December 05, 2017, 09:29:56 AM
#19
I still believe, bitcoin will continue to increase. Only I have hope in January will happen Dump. a
fter that the price will continue to rise to reach $ 15K. DYOR
copper member
Activity: 298
Merit: 11
https://wesp.io
December 05, 2017, 09:23:43 AM
#18
those who are not have any amount of bitcoin,calling it as a bubble.people said it is a bubble when it cross 1000$,2000$,3000$ ..... 5000$.at the moment that same people understand the real value of bitcoin and consistence of it they try to buy them.and also it is a digital currency.OLD AGE people still not familiar with these things.so they also telling bitcoin is a bubble.it is hard to find a person from new generation who called bitcoin as a bubble.
newbie
Activity: 28
Merit: 0
December 05, 2017, 09:15:54 AM
#17
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?


The internet is replete with people referring to bitcoin as a “bubble.” They are spreading fear, uncertainty, and doubt galore. They believe bitcoin’s high price spells impending doom, but their criticisms move beyond mere skepticism. It seems like they just hate cryptocurrency. Yet many of these pundits do not fully grasp bitcoin…or even economics.
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