Bitcoin is not a bubble, its the Pin!

audaciousbeing

hero member

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Merit: 569

Quote from: Cryptokobi on December 08, 2017, 09:09:25 AM

Bubble or not?

You know everything depends on perception and what you see about the unfolding events. For those who are arguing that bitcoin is a bubble, they have their own points and even valid because they have evidence of events to support their position. For those who also hold the position that its not, they also have their reasons and I am one of those who hold that believe as well.

Bitcoin is an evolving technology that every developer and even giants in the financial world are yet to understand the mystery behind it which is penetrating gradually and that is why the volatility is kind of high but gradually it will subside and everyone will see the true potential of bitcoin.

ndoromas

member

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For me bitcoin is not a bubble, but a hawk.
If the bubble is so high it will break and then disappear without a trace, bitcoin is not so from birth until now still exist.

If an eagle, while looking for prey he will fly high, after getting prey [the consumer who is good at playing bitcoin] he will slide down to catch the prey, then fly back to the nest [bitcoin price stability], so on, from birth until now still still there.

john70

newbie

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Bitcoin's price is $14,610 today and its price was just $1,000 in this year beginning.So,its almost clear that its a bubble and no one knows when this bubble would burst.

Red-Apple

hero member

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most people are too dramatic when it comes to bitcoin and being a bubble or not. they either fully deny it or they think it is all a bubble. they don't have a middle ground!

a bubble can simply be a 30% drop that we usually see and is pretty common in bitcoin. it doesn't have to be when price goes down 90%! and that is what people try to tell you whenever they talk about bitcoin's bubble they say it will go down 90% when in reality it drops something around 30% and it is over. everyone buys and those who are waiting for that 90% will be left hanging.

Cryptokobi

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Bubble or not?

Topic: Bitcoin is not a bubble, its the Pin! (Read 203 times)