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Topic: BITCOIN IS NOT BUBBLE!! - page 9. (Read 1503 times)

sr. member
Activity: 994
Merit: 252
June 20, 2018, 02:56:07 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 guess they say bitcoin as a bubble so many people panic and it can make bitcoin fall, so they can buy bitcoin cheaply. Bitcoin is not a bubble but bitcoin is a perfect coin and will last in the long run.
  Bitcoin is the best choice for us, it is not a bubble it is future maker for us. Rise and fall use to happen but we will not have to take any tension, about it, we often see a lot of people selling bitcoin and many have seen as long term holders, so it is all about our determination and our faith for bitcoin, it is not a bubble for sure, bitcoin is an investment and it is saving for us, which will never let us fall ever, those who are calling is a bubble are foolish one.
newbie
Activity: 168
Merit: 0
June 20, 2018, 10:50:10 AM
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.





I think People seem to be too drowning in the idea that bubbles should end with something that falls to 0.
As some others have mentioned, Bitcoin definitely has bubbles, but that does not mean that it is a worthless asset. There's a famous bubble like a really crazy tulip bubble and nobody supports it but it does not happen to bitcoin. The bubble in this case is no different than what we see with the price of the house or stock, the above price increase where it should be and then corrects it back to a more reasonable level.
hero member
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June 20, 2018, 10:41:23 AM
For me yes bitcoin is a bubble currency. Because of his unstable price anytime bitcoin can be fall in zero. Thats be wise and be careful about investing. But i think that wouldnt happen. I trust bitcoin more than other coin.

Zero? That's highly unlikely if you ask me. Bitcoin has grown a long esy and has reached people's awareness that eventually it will be a common thing. It's support also is not something that can be disregarded. It's a bubble probably, but even if it burst, it's just going to inflate again
newbie
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June 20, 2018, 10:20:23 AM
good post
sr. member
Activity: 478
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June 20, 2018, 10:18:46 AM
Absolutely I agree.  btc solve main two problem, dicentralize and privacy!
member
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June 20, 2018, 10:01:14 AM
For me yes bitcoin is a bubble currency. Because of his unstable price anytime bitcoin can be fall in zero. Thats be wise and be careful about investing. But i think that wouldnt happen. I trust bitcoin more than other coin.
member
Activity: 294
Merit: 10
June 20, 2018, 09:28:28 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 believe bitcoin is the bubble and what you see is the current bitcoin bust is breaking, you can see that the crypto market is steadily declining and falling into crisis, bitcoin and altcoin prices. are continuously decreasing in the past days. I believe that with the current fluctuations bitcoin prices will probably continue to fall in the long term and will probably reach the $ 2,000 mark by the end of 2018.
sr. member
Activity: 1112
Merit: 256
June 20, 2018, 09:22:03 AM
I think near time will show us if it is a bubble or not, cause nowadays we could say that the price is getting down and down, but future will show if this period was only for a moment or it will last forever.
newbie
Activity: 126
Merit: 0
June 20, 2018, 09:19:35 AM
Bitcoin is very similar to gold. Gold is also difficult to extract and reserves are limited. So although the actual use of gold is not large, it has been circulating as a universal currency for a long time.
Bitcoin is limited. However, there are no quotas for other blockchain-based cryptocurrencies.
member
Activity: 602
Merit: 10
June 20, 2018, 08:38:53 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 guess they say bitcoin as a bubble so many people panic and it can make bitcoin fall, so they can buy bitcoin cheaply. Bitcoin is not a bubble but bitcoin is a perfect coin and will last in the long run.
member
Activity: 392
Merit: 10
June 20, 2018, 08:25:00 AM
Bitcoin is slowly beginning to implement applications in life, accepted by people, accepted by some businesses, and even accepted by some companies!
Governments have also gradually recognized BTC!
member
Activity: 294
Merit: 10
June 20, 2018, 05:56:23 AM
John Matonis is sure that the fears associated with the "bubble" crypto-currency are unreasonable. On the contrary, it is the stock markets that have always been artificially "inflated" by central banks.
member
Activity: 336
Merit: 10
June 20, 2018, 05:33:41 AM
Bitcoins bring with them a lot of political contradictions. This is because no government can fully control them. They are an explicit form of wealth for individuals, and no state can expropriate them because of the cryptography that underlies this crypto currency.
full member
Activity: 406
Merit: 121
June 20, 2018, 05:29:09 AM
The web is loaded with individuals alluding to bitcoin as an "bubble." They are spreading apprehension, vulnerability, and uncertainty in abundance. They trust bitcoin's high value spells approaching fate, yet their reactions move past insignificant wariness. It appears like they simply detest digital currency. However a significant number of these intellectuals don't completely get a handle on bitcoin… or even financial aspects. Bitcoin is uncommon. It's anything but an organization that could lose benefit and fall flat. It is absolutely not a theoretical land trick that could disintegrate because of government and bank-actuated sophistry. Bitcoin is another creature.
hero member
Activity: 980
Merit: 506
June 20, 2018, 04:53:07 AM
Bitcoin is not a bubble I agree with your point of view, if bitcoin is a ball, then we can not see them live and develop or have the same happenings as they did today. You will not be able to hold it long enough
We are talking about bubble here and some people think Bitcoin is a bubble but I would say they need to broaden their knowledge about the technology a bit more.

There are some good and wise people who cashed the opportunity in the start and learned about the technology and invested in it which has proved worth millions of dollars in 2017. This means Bitcoin is not a bubble and in an international currency that might even outshine dollar.
legendary
Activity: 2170
Merit: 1427
June 19, 2018, 08:47:35 AM
They have their own reason to say it and most of them really hates bitcoin and it can also be a reason because they are working to a banking unit.

Hate is a term holding serious weight. I don't think it's hate in most cases, but just people in general not understanding that these movements are perfectly normal for a finite supply asset that from nothing becomes something. You really have to experience what's going on in order to figure out that what initially you thought didn't make sense actually does make sense. If people aren't even interested in giving it a chance, then they will remain as they are.

In case of banks it might be a bit different, but they will (some already are) get involved in this market. They will eventually become entities replacing or acquiring all current exchanges. If you don't have that first mover advantage, you just aquire them. The few hundred million they cost is peanuts for financial institutions.
member
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June 19, 2018, 07:31:18 AM
The growth of bitcoin happens in a random manner. When people were not expecting growth it peaks high and drops low in unexpected time period. This marks bitcoin to be a bubble, in reality this has never been a bubble. Just the overall view looks like a bubble and fearing the same more people get into panic.
hero member
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June 19, 2018, 07:26:54 AM
In my own opinion, I can say that bitcoin is not a bubble, because it's really unpredictable to be bubble. It doesn't go up continuously, and also it becomes stable sometimes. Bitcoin also recovers, we can't predict bitcoin, especially if it becomes stable in a mid price range, we can say that it might go up or it might go down. We can't really say because its price is too volatile to predict, it's change of price is too sudden.
We have different point of view about this topic. Some coiners are saying that bitcoin is a bubble although they are a bitcoin believer and investor still they address it as a bubble.

And it's popular to not investors of bitcoin are addressing it as a bubble and they never get tired of calling it.

They have their own reason to say it and most of them really hates bitcoin and it can also be a reason because they are working to a banking unit.
legendary
Activity: 1442
Merit: 1025
June 19, 2018, 02:34:55 AM
yeah indeed, bitcoin movement to getting profit its need a lot of time to make it much profit when investing in it, not just in the short term invest that people can earn
Yes it is right. Investors do not need to worry about the price and they have to buy as much as possible as there are some whale who are selling their coins only to buy at a lower price. If the investors will buy now then they will get the profit if they will not buy and will fear from the price then they will lose the opportunity and will lose the chance to buy at a lower price.
Bitcoij price is trading so stable and is getting such a strong support from its investors there I would also think that bitcoin is not a bubble but it is trading in its actual price, it is only because of the increasing interest of the people, i think that people interest will increase in future which will also increase bitcoin price.
At least, if we are to consider how the price of bitcoin has been for some years now, one can actually say it is in a state where the last year bubble popped and then we are trying to find a very good support now.

There is no doubt that we experienced a bubble last year and even though that does not make bitcoin a bubble, but the hype that came about was a bubble which we are passing through the huge corrective phase right now. However, it is always like that and could happen to any asset, gold which it has happened before in the past, real estate, silver, name it.
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June 18, 2018, 11:42:31 AM
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!!
Absolutely!
I hate people saying that bitcoin is a bubble of a financial pyramid - it means that they are completely unaware of blockchain technology, its way of functioning and its benefits.
At the same time, the price of bitcoin is indeed affected by the processes on the market. Demand and supply are inconstant values, and excessive supply in the form of panic selling can sometimes break down all our expectations.
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