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Topic: Bitcoin is not a bubble - page 2. (Read 2890 times)

member
Activity: 952
Merit: 41
June 10, 2018, 02:51:06 PM
#66
Bitcoin is never a bubble because if bitcoin was ever a bubble the bubble would have bursted long ago, bitcoin is an essential commodity and an assets with great value and which value is determine by the demands for it in the market. Bitcoin is not like the ponzi scheme which can burst and at the end scams it investors.
newbie
Activity: 196
Merit: 0
June 10, 2018, 02:10:27 PM
#65
Really like Bitcoin Bubble. Its price never decreases, sometimes it grew up. It's a great challenge for the economy and the guarantee that the smart guys know better. Bitcoin's quality is reduced by almost updating and again, so this caution should be in everyone.
full member
Activity: 294
Merit: 100
Tokenize Fantasy Sports
March 23, 2018, 03:42:33 AM
#64
Bitcoin and blockchain will be the future of money as well as the world financial sector. It's not a bubble. It is true that Bitcoin is facing many hardships by the government in the prohibition. Bitcoin is also used for money laundering by some organizations as well as individuals, so Bitcoin is considered bubble is easy to understand.
full member
Activity: 644
Merit: 113
March 23, 2018, 03:40:31 AM
#63
A different look at the Bitcoin market:
http://www.finance-guy.net/finblog/bitcoin-not-a-bubble

it's not a very positive opinion, but I agree that something needs to be done to attract the general masses to use Bitcoin.  Something needs to make BTC more attractive than cash for everyday people.

What kind of incentives do you think would work for the people you know?

I would say that there is a part of me where I feel like bitcoin will suddenly dump. We cannot the fact the this might happen specially it ia kniwn to be volatile. With the same hope of seeing it on top there is also a high possibility of sudden dump. I believe seems to be a bubble, but since it has been develop over time, we could expect this coin to soar even though there will come a time of dropping.
member
Activity: 154
Merit: 15
March 23, 2018, 03:17:26 AM
#62
people around the world are not adopting bitcoin because of those thing in general

1- security
2- regulation

those two thing must be addressed in order to rise the adoption of bitcoin

the secuirty can be done by the exchage(so it's not even a bitcoin fault)

the regulation is on the way on some countries, but need to be speeded up and should be easy for average people, not something like "i need to take note of every transactions" or other things too laborious


Now, the question is who will take the burden to regulate Bitcoin. That will hell of a responsiblity because it's known that Bitcoin has security concern. There are illegal trades happening all over the world and the payment is happening in Bitcoins.

Again with this non-argument, fiat and CASH is mostly used for criminal activitities, bitcoin is a small fraction of that, it's just not an valid argument...

USD is actually known as a currency which is used the most in criminal activities. This activity is even covered by the government which is involved in the money laundry itself from the countries like Iraq and similar. Criminals have a big market in which they are trading with their own illegal goods and the government is using Bitcoin only as a cover to mask the true currencies which are used the most.
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False news that is also supported by the government is actually influencing the modern society with the bad stories about the Bitcoin. Actually, this same false news is giving the popularity to the Bitcoin which will sooner or later be accepted by them all.
full member
Activity: 322
Merit: 100
March 23, 2018, 03:03:11 AM
#61
A different look at the Bitcoin market:
http://www.finance-guy.net/finblog/bitcoin-not-a-bubble

it's not a very positive opinion, but I agree that something needs to be done to attract the general masses to use Bitcoin.  Something needs to make BTC more attractive than cash for everyday people.

What kind of incentives do you think would work for the people you know?
yes some people says that but for me bitcoin is like a bubble bubble that have a strong type because sometimes bubble is decreasing but it is always inccreasing and it will never pop because bitcoin bubble is so strong this  is why people gets a lot of money they buy when it decrease and they selling it when it pump so high.
full member
Activity: 518
Merit: 101
March 23, 2018, 03:00:38 AM
#60
Bitcoin is a bubble because it exploded many times after it got crazy and there are no signs of stopping it now it's going crazy again so it will explode in a few days. I think that no one should buy bitcoin at this time to avoid losing your money.

If everyone suddenly stop buy bitcoin then the bubble will pop, so dont stop buying/selling/trading and keep the market healthy, bring in new people and bubble will never pop or pop in a distant future
I do not think bitcoin is a financial bubble because no financial bubble can survive for years like bitcoin. Bitcoin exists because there is a real need for bitcoin in the community so its value has steadily grown over the years. In the future, I think bitcoin can be a whole world currency.
newbie
Activity: 112
Merit: 0
March 23, 2018, 01:15:40 AM
#59
For me, the biggest incentive is understanding that governments around the world are getting financed at negative rates, still have deficits and big debts. Add on top of that, their compromise with future pensions that are not included in debt calculations.

Central banks have the biggest balance sheets ever, which it means that in order to increase interest rates they will have to sell more bonds than ever, putting additional pressure on the stability of public finance.

If you can grasp all that, Bitcoin comes as the natural solution.


Bitcoin is really something that new prospects.
This should be a matter of time before most investors think of this.
An I think it very safety  investment
member
Activity: 112
Merit: 10
December 18, 2017, 07:17:41 PM
#58
Bitcoin is a bubble because it exploded many times after it got crazy and there are no signs of stopping it now it's going crazy again so it will explode in a few days. I think that no one should buy bitcoin at this time to avoid losing your money.

If everyone suddenly stop buy bitcoin then the bubble will pop, so dont stop buying/selling/trading and keep the market healthy, bring in new people and bubble will never pop or pop in a distant future
full member
Activity: 168
Merit: 100
reading.......
December 18, 2017, 07:10:50 PM
#57
What kind of incentives do you think would work for the people you know?
People have this kind of urge to actually be jealous about something that others earn it more nice and easy. For incentives you say earn more money that you think is enough to motivate them it is like a show money it is only effective for those people around you while on the internet  it is hard to persuade others that doesnt have enough knowledge about what you are talking.
sr. member
Activity: 1078
Merit: 250
http://unidapp.app
December 18, 2017, 06:59:38 PM
#56
Bitcoin is a bubble because it exploded many times after it got crazy and there are no signs of stopping it now it's going crazy again so it will explode in a few days. I think that no one should buy bitcoin at this time to avoid losing your money.
full member
Activity: 742
Merit: 128
Coinbene.com - Experience Fast Crypto Trading
December 18, 2017, 06:55:09 PM
#55
Well I do think bitcoin is the kind of bubble where you cannot fully make it vanish..it will self..inflate and after a while it will be bigger and stronger...
Bubble just describes the enormous high and downs that we see. .. and I do think that... It is right in calling bitcoins a bubble...
Suddenly the price drops down... In thousands of dollars... And genuinely it is enough to be considered as a bubble is what I feel.

Well they called it a bubble when it went up to 3k$ and above but it has never stopped or burst yet and you guys just keeping calling it a bubble, i hope you will not be left of out of the global bitcoin cake due to your skepticism as bitcoin surges on forward.

Look at the price now? I don't think it's a buble because of the price that continue increase and No one will control it, I am amaze of what bitcoin reach now.
sr. member
Activity: 253
Merit: 250
December 18, 2017, 06:27:30 PM
#54
Bitcoin is a bubble right now. I can guarantee you of this. The price is going to drop a lot. It is a guarantee in economics and everyone who is intelligent knows it. What goes up, must come down and Bitcoin is going straight up, and it is going to sometime go straight down - only a matter of time.
full member
Activity: 490
Merit: 136
December 18, 2017, 06:00:53 PM
#53
The fact that there is a limited supply of Bitcoin is hard to believe that suddenly no-one will want it and the bubble bursts.
I believe that IF this is a bubble and it bursts and prices fall back to wherever there will be people with FIAT ready to pounce on the low price and that will pump it right back up again.
I also think that this block halving expected next year will be a M A S S I V E factor as the supply will be suddenly be constricted ans supply and demand will kick in.
full member
Activity: 210
Merit: 100
December 18, 2017, 05:54:33 PM
#52
Whether it is a bubble or not is not the most important question right now. There was a housing bubble - that doesn't make houses useless - they just became overbought at some point in time, people still need houses. Similarly, with Bitcoin and crypto -  it becomes a bubble when it is overbought - judging by the fact that less than 1% of the world's population currently use crypto I personally don't think it is overbought - if anything, the opposite.
hero member
Activity: 1092
Merit: 501
December 18, 2017, 05:47:19 PM
#51
A different look at the Bitcoin market:
http://www.finance-guy.net/finblog/bitcoin-not-a-bubble

it's not a very positive opinion, but I agree that something needs to be done to attract the general masses to use Bitcoin.  Something needs to make BTC more attractive than cash for everyday people.

What kind of incentives do you think would work for the people you know?
There is not need to incentivize people to use bitcoin people are slowly realizing the reasons, bitcoin is not controlled by governments, you cannot print bitcoin at will and if someone decides to to increase the hash rate bitcoin will just adjust the difficulty, also bitcoin is showing to be a great investment and that is attracting a lot more people to it and soon enough we are going to realize that bitcoin is an excellent store of value as well.
full member
Activity: 336
Merit: 100
Alfa-Enzo: Introducing the First Global Smartmarke
December 18, 2017, 05:36:54 PM
#50
Yes Bitcoin is not a bubble.
it surpasses the Expectation of a person
that it can have a huge Pump.
and it wont just break or fall with its price.
thats why i want to invest long term in bitcoin.
bitcoin always has a future!
full member
Activity: 798
Merit: 104
December 18, 2017, 05:23:53 PM
#49
I think Bitcoin may be a bubble. But, I know the housing market is definitely a bubble, and that has been going up for 20 years.


I would say yes exactly that's what i am refering to bitcoin because i believe that bitcoin would be a future money in next generation. This is being proven by the value in it. Having a huge increases everyday makes it people would definately a full trust and has a high confidence level.

member
Activity: 98
Merit: 10
December 18, 2017, 04:32:36 PM
#48
I think Bitcoin may be a bubble. But, I know the housing market is definitely a bubble, and that has been going up for 20 years.
sr. member
Activity: 560
Merit: 250
December 18, 2017, 02:45:34 PM
#47
If governments find a way how to profit from btc and apply taxes and if this profit would be more than the actual taxes on fiat than it would be an automatic adoption.
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