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Topic: BITCOIN IS NOT BUBBLE!! - page 11. (Read 1502 times)

legendary
Activity: 1778
Merit: 1026
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June 12, 2018, 08:53:49 AM
I do not agree:
BITCOIN is a bubble.
A bubble nowadays worth over $6000

This same bubble was worth $20000 not long time ago.
This same bubble can be worth $100000 or only $100 or perhaps less.
So are bubbles...
sr. member
Activity: 728
Merit: 266
June 12, 2018, 08:46:38 AM
Today, the Internet World is full of people who are called economists who say bitcoin is a "bubble." they seemed to spread fear, uncertainty, and doubt. They say that the bitcoin high price rally will be a disaster. however, it looks like they just hate cryptocurrency. many of these experts do not fully understand bitcoin.

Bitcoin is special. This is not a company that can lose profitability and fail. This is certainly not a speculative real estate scam that could collapse due to government and bank fraud. Bitcoin is something else. Its value does not increase due to market lies. This is increasing because it is a life-changing financial discovery. This increases as more people adopt it.

Bitcoin also grows as a result of basic economy. Its supply is limited to 21 million units and this certainly makes assets scarce.  If something is scarce and many people want it, then, its value will eventually increase.

So.. Bitcoin is not Bubble!!

As far as I know. Satoshi Nakamoto or a group of developers with this name, set the task to find an alternative to currency bubbles that were previously. Of the recent crises - dotcom, when the system almost flew in different directions. And again look released a bunch of paper money (fiat USD). The next dollar bubble just won't hold and will burst. I am sure that bitcoin can safely replace it.



           I am not really particular and also not in favor of the idea about replacing the currency one after another, if they could actually collide or if it is possible then why not, besides as of now we need cash or fiats, and at the same time we want cryptp to exist in our future too. And also i am not really fond of the idea also of bitcoin as a bubble.
full member
Activity: 399
Merit: 105
June 12, 2018, 06:34:06 AM
Of course it is not a bubble, because it has changed so many lives, including mine! So I would say that as long as you can live out of it, it is alive Smiley
full member
Activity: 336
Merit: 100
June 09, 2018, 01:24:34 PM
Today, the Internet World is full of people who are called economists who say bitcoin is a "bubble." they seemed to spread fear, uncertainty, and doubt. They say that the bitcoin high price rally will be a disaster. however, it looks like they just hate cryptocurrency. many of these experts do not fully understand bitcoin.

Bitcoin is special. This is not a company that can lose profitability and fail. This is certainly not a speculative real estate scam that could collapse due to government and bank fraud. Bitcoin is something else. Its value does not increase due to market lies. This is increasing because it is a life-changing financial discovery. This increases as more people adopt it.

Bitcoin also grows as a result of basic economy. Its supply is limited to 21 million units and this certainly makes assets scarce.  If something is scarce and many people want it, then, its value will eventually increase.

So.. Bitcoin is not Bubble!!

As far as I know. Satoshi Nakamoto or a group of developers with this name, set the task to find an alternative to currency bubbles that were previously. Of the recent crises - dotcom, when the system almost flew in different directions. And again look released a bunch of paper money (fiat USD). The next dollar bubble just won't hold and will burst. I am sure that bitcoin can safely replace it.
sr. member
Activity: 556
Merit: 250
June 09, 2018, 12:26:51 PM
Today, the Internet World is full of people who are called economists who say bitcoin is a "bubble." they seemed to spread fear, uncertainty, and doubt. They say that the bitcoin high price rally will be a disaster. however, it looks like they just hate cryptocurrency. many of these experts do not fully understand bitcoin.

Bitcoin is special. This is not a company that can lose profitability and fail. This is certainly not a speculative real estate scam that could collapse due to government and bank fraud. Bitcoin is something else. Its value does not increase due to market lies. This is increasing because it is a life-changing financial discovery. This increases as more people adopt it.

Bitcoin also grows as a result of basic economy. Its supply is limited to 21 million units and this certainly makes assets scarce.  If something is scarce and many people want it, then, its value will eventually increase.

So.. Bitcoin is not Bubble!!


I certainly agree with you. Bitcoin's votality do not necessarily mean that it is a bubble. We all know that bitcoin has passed all the tests of time and it has changed a lot of lives already. This currency has been an asset and a way of easier transaction in every corners of the world.
legendary
Activity: 2044
Merit: 1115
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June 09, 2018, 12:18:46 PM
A bubble cannot survive for this long. Bubble is based on no real value but blockchain and crypto solve real problems as they are being used as a payment medium.

The number of people using it as a payment medium is a very small subset of people who own Bitcoin, which is a very small percentage of the overall population. This is commonly overstated. Bitcoin in reality isn't solving any real world problems right now. It's a niche product for a niche market. Also, bubbles do last this long. The real estate bubble inflated for more than a decade before popping. The duration of a bubble doesn't disprove it's a bubble. The determining factor is if people suddenly decide (realize) that the underlying asset is overvalued and stop buying it at those prices. That's what happened to Bitcoin which is why it fell from $19,000 to under $8,000. That was a mini bubble pop. There's no reason the rest of it can't pop.
full member
Activity: 318
Merit: 100
June 08, 2018, 08:40:16 AM
I think that is just bad rumors and it will make investors become fearful and anxious. This is indirectly for the market to become crisis. However, for longtime investors or experienced people, they always believed in Bitcoin and now they have become successful thanks to it.
jr. member
Activity: 200
Merit: 1
June 08, 2018, 08:34:03 AM
yes you are right bitcoin not like bubbles, bitcoin I personally think more like wave because I see bitcoin have movement up and down like wave.

It's not a bubble, those who keep on talking that bitcoin is a bubble are just new or they really don't know the history of bitcoin. There are other investments that can be categorized as a bubble but the bitcoin community isn't even dragging those things. Anyway bitcoin has been told as a bubble for so many years and it won't stop for the upcoming years, we just have to get used to it.
full member
Activity: 369
Merit: 106
June 06, 2018, 11:21:02 PM
Today, the Internet World is full of people who are called economists who say bitcoin is a "bubble." they seemed to spread fear, uncertainty, and doubt. They say that the bitcoin high price rally will be a disaster. however, it looks like they just hate cryptocurrency. many of these experts do not fully understand bitcoin.

Bitcoin is special. This is not a company that can lose profitability and fail. This is certainly not a speculative real estate scam that could collapse due to government and bank fraud. Bitcoin is something else. Its value does not increase due to market lies. This is increasing because it is a life-changing financial discovery. This increases as more people adopt it.

Bitcoin also grows as a result of basic economy. Its supply is limited to 21 million units and this certainly makes assets scarce.  If something is scarce and many people want it, then, its value will eventually increase.

So.. Bitcoin is not Bubble!!
yes, I agree with you. an increase in market prices due to an increase in demand for bitcoin. so very reasonable if bitcoin prices can be very high
member
Activity: 322
Merit: 10
June 06, 2018, 11:20:37 PM
A bubble cannot survive for this long. Bubble is based on no real value but blockchain and crypto solve real problems as they are being used as a payment medium.

Absolutely I agree. Already in a very short time, we will always witness the rise of bitcoin. It's also a fact that when the bubble conversations start to turn, the bitcoin rises incredibly.
jr. member
Activity: 101
Merit: 4
June 06, 2018, 10:01:29 PM
A bubble cannot survive for this long. Bubble is based on no real value but blockchain and crypto solve real problems as they are being used as a payment medium.
full member
Activity: 392
Merit: 103
June 06, 2018, 09:39:30 PM
For me  bitcoin is a buble currency its because there are news that sime of the supply of bitcoin is missing the other is on circulation and other is on satoshi. Thats why if it will continue missing some supply there probably that bitcoin will pop like a bubble.
jr. member
Activity: 180
Merit: 9
June 06, 2018, 04:49:44 PM
Bitcoin is not a bubble.... We are very close to the stability of bitcoin price.....

Bitcoin is not really a bubble however it's price can be subject to form bubbles but that is not really the fault of bitcoin, what happens is that people begin to see the price rise in and then they begin to invest heavily in bitcoin thinking the price is going to keep going up and this artificially pumps the price even further creating a bubble and then a crash, but we cannot say that is bitcoin fault at all.
member
Activity: 308
Merit: 10
June 05, 2018, 02:01:09 PM
Today, the Internet World is full of people who are called economists who say bitcoin is a "bubble." they seemed to spread fear, uncertainty, and doubt. They say that the bitcoin high price rally will be a disaster. however, it looks like they just hate cryptocurrency. many of these experts do not fully understand bitcoin.

Bitcoin is special. This is not a company that can lose profitability and fail. This is certainly not a speculative real estate scam that could collapse due to government and bank fraud. Bitcoin is something else. Its value does not increase due to market lies. This is increasing because it is a life-changing financial discovery. This increases as more people adopt it.

Bitcoin also grows as a result of basic economy. Its supply is limited to 21 million units and this certainly makes assets scarce.  If something is scarce and many people want it, then, its value will eventually increase.

So.. Bitcoin is not Bubble!!
I gagree on this cause until now bitcoin is live so how you say that bitcoin is a bubble afterall. Cause bitcoin is running for twenty years so why you have To do is the best . Bitcoin is bitcoin nothing more nothing less. I think that the best future of bitcoin is will be dont in the future soon.  Increasing people that know bitcoin is increasingly its value too
sr. member
Activity: 812
Merit: 256
June 05, 2018, 12:27:46 PM
Btc is not bubble what is bubble ? Fiat is Bubble starting from 1976 if i am not wrong fiat is not insured by gold so its just printed by Goverments who knows how much USD is printed?
member
Activity: 476
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June 05, 2018, 12:25:51 PM
yes you are right bitcoin not like bubbles, bitcoin I personally think more like wave because I see bitcoin have movement up and down like wave.
full member
Activity: 335
Merit: 101
June 05, 2018, 12:22:24 PM
No! I don't think bitcoin is bubble because until now the price of bitcoin still good for peoples whom still believed in bitcoin and bitcoin still can give us high profit.
I think is not important to care about what they said, we just need to focus how we can be come successful in this bitcoin world.
full member
Activity: 336
Merit: 100
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June 05, 2018, 11:52:05 AM
Today, the Internet World is full of people who are called economists who say bitcoin is a "bubble." they seemed to spread fear, uncertainty, and doubt. They say that the bitcoin high price rally will be a disaster. however, it looks like they just hate cryptocurrency. many of these experts do not fully understand bitcoin.

Bitcoin is special. This is not a company that can lose profitability and fail. This is certainly not a speculative real estate scam that could collapse due to government and bank fraud. Bitcoin is something else. Its value does not increase due to market lies. This is increasing because it is a life-changing financial discovery. This increases as more people adopt it.

Bitcoin also grows as a result of basic economy. Its supply is limited to 21 million units and this certainly makes assets scarce.  If something is scarce and many people want it, then, its value will eventually increase.

So.. Bitcoin is not Bubble!!

I used to work for MLM companies many years and I was always told that you do pyramid schemes and Ponzi. I listened to them and still did my own thing. When they was a couple of years ago said that bitcoin is another pyramid and it will soon collapse, I also did my own way. But now, when all those who told me, I show them my results, they are very nervous and bite their fists. It's late... Although you can still earn. Bitcoin is about to take off.
member
Activity: 292
Merit: 11
June 05, 2018, 11:29:42 AM
Bitcoin is often compared to various bladders, for example with tulip fever. But Bitcoin is different from everything we saw before, and maybe in ten years its market capitalization will be huge, as it will become a new global currency.
full member
Activity: 420
Merit: 101
June 05, 2018, 11:23:32 AM
Bitcoin itself is not a bubble, it is a currency and an asset but what happened at the end of december and the beginning of january had all the characteristics of a bubbly but that is over now.
Well to those people say that bitcoin is a bubble they did not truly understand what can bitcoin brings to their life but we cannot blame them because different people different point of views, So the best thing we can do is to ignore them and lets focus to become successful in bitcoin world.
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