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Topic: Bitcoin price bubbled? - page 14. (Read 7504 times)

legendary
Activity: 1050
Merit: 1001
September 20, 2017, 03:31:53 AM
I don't see it as a bubble, I don't think people are taking the money completely away from the table and back into the pockets. It's panic selling, keeping it in fiat/usdt until things settle and then jumping right in.
That is not what it means a bubble, a bubble means that an asset is overvalued, it does not matter if people get into bitcoin again or if they leave for good, but it is obvious that bitcoin is not in a bubble, the growth is justified taking into account everything that has happened in this year.
Bicoin in Bubble few weeks ago when the price reached $5,000 .
Where actually nothing support bitcoin to get achieve it in the near future but the market reach it btw.
It has been happened several times , you just ned to know the nature of bitcoin market itself.
full member
Activity: 518
Merit: 100
September 20, 2017, 12:39:00 AM
When can you say the price of bitcoin is already or nearly bubble?

Do you expect that the price will dump in coming years?
btc price always increase so it double and redoubled not any amazing. when first I saw btc, it price is 300$ now 4000$. I hope after a year it price become rocket.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
September 19, 2017, 07:50:50 PM
I don't see it as a bubble, I don't think people are taking the money completely away from the table and back into the pockets. It's panic selling, keeping it in fiat/usdt until things settle and then jumping right in.
That is not what it means a bubble, a bubble means that an asset is overvalued, it does not matter if people get into bitcoin again or if they leave for good, but it is obvious that bitcoin is not in a bubble, the growth is justified taking into account everything that has happened in this year.
hero member
Activity: 2674
Merit: 585
Leading Crypto Sports Betting & Casino Platform
September 19, 2017, 02:38:09 AM
When can you say the price of bitcoin is already or nearly bubble?

Do you expect that the price will dump in coming years?
And now your prediction has become reality, i dont think the price has bubble. But if your asking if the market has overpriced then i think its correct. Its been triple since the last 2 months, and its basically normal if the price drop back and find support in the more stable currency price, after all bitcoin also can be called currency  Grin
Very well said! I have the same point of you in this aspect just like yours. I think this pump and dump is quite a normal thing and it will continue to happen in the future as well. This thing that how much pump and dump will happen in the future depends on the underlying circumstances at that time. But you can always hope for the best.
full member
Activity: 476
Merit: 100
September 18, 2017, 03:48:14 AM
When can you say the price of bitcoin is already or nearly bubble?

Do you expect that the price will dump in coming years?
bitcoin will increase its price, bitcoin down just for a moment because bitcoin is very needed by everyone and total bitcoin supply is very limited. that is what makes bitcoin price higher and more expensive.
full member
Activity: 140
Merit: 100
September 18, 2017, 02:54:51 AM
It is hard to know if it has reached the limit, ignore it or look at yourself, sell it when you feel it has reached the limit.
hero member
Activity: 1400
Merit: 536
September 17, 2017, 10:03:26 PM
I think there is no bubble in the place of labor, because a lot of labor and energy is needed to create a bitcoin, so there can not be a bubble because it is energy on its base.
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
September 17, 2017, 01:43:30 AM
Bitcoin price depends on China and need a time to regulate. So maybe it can again fall to $1k
https://news.bitcoin.com/is-bitcoin-a-bubble-no-but-things-could-get-wild/
This is just a false news altogether,yes the price of bitcoin rose so fast in a very short time but China is not controlling its price,the market reacts to FUD news and so is the reason we saw the market dip so much,falling to $1k means we are going back when it comes to bitcoin and i do not think that will happen,i expect a plus or minus thousand dollars if the price is negative or positive.
newbie
Activity: 39
Merit: 0
September 16, 2017, 11:26:41 PM
You are thinking of piling up bitcoin after a few years, but what it really depends on is many factors that find bitcoin as a volatile currency depending on external sources such as volume, bitcoin and demand. market.
This is a very rapid increase from $4000.
 It may, its speed development value is by now almost unmatched. In special deals unpredictable this year between the start of the demand.
sr. member
Activity: 896
Merit: 253
September 16, 2017, 10:58:43 PM
Yes , maybe this is the time Bitcoin get back to the real valuable after a few months being bubbled by investors from all over the world. But good news are coming and price of bitcoin gonna bounce back in next 1,5 months. It needs time to improve to the world that bitcoin isn't a fraud like some stupid CEOs said.
We needed this correction in the price, the price was too high for too long and now we have a more reasonable price of 3500 for each bitcoin, now we only need to wait what it is going to happen in November and at the end of the year to determine how the price is going to move.
Yes correction is normal in the market because of correction we determine the limit of a coin if it dumped hard after it was been pumped in a fast time. Every coin have an correction and it is a good time to buy the coin at it's low price and wait it to pump again.
full member
Activity: 172
Merit: 100
September 16, 2017, 10:41:16 PM
When can you say the price of bitcoin is already or nearly bubble?

Do you expect that the price will dump in coming years?
Well, there was a small correction, many had time to sell, others to earn a little by buying more, because now the price is at the level of $ 4000. Therefore, talk about a certain bubble, I think inappropriate.
member
Activity: 115
Merit: 100
September 16, 2017, 07:39:25 PM
if you think it is bubble dump your bitcoin but i don't believe this is bubble. and we will see more and more prices in the future.
sr. member
Activity: 826
Merit: 255
September 16, 2017, 05:16:25 PM
I think BTC will go up step by step indifferent of some temporary incidents like what happens now in exchanges in relation with China news. Some news is posible to affect negativly for short - medium term, but BTC will grow more.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
September 16, 2017, 02:22:23 PM
Yes , maybe this is the time Bitcoin get back to the real valuable after a few months being bubbled by investors from all over the world. But good news are coming and price of bitcoin gonna bounce back in next 1,5 months. It needs time to improve to the world that bitcoin isn't a fraud like some stupid CEOs said.
We needed this correction in the price, the price was too high for too long and now we have a more reasonable price of 3500 for each bitcoin, now we only need to wait what it is going to happen in November and at the end of the year to determine how the price is going to move.
sr. member
Activity: 1232
Merit: 250
September 15, 2017, 03:03:46 PM
Yes kind off its true that it bubbled, every analyst was indicating to this and also indicated the result thereafter. The current scenario had to happen now or later, its better it happened now so that it can grow in a good way after this.
I believe the recent Chinese news just poked the bubble.
sr. member
Activity: 532
Merit: 327
September 15, 2017, 02:15:06 PM
With such unnatural growth it was expected something like this to happen sooner or later.
newbie
Activity: 57
Merit: 0
September 15, 2017, 02:10:36 PM
I don't see it as a bubble, I don't think people are taking the money completely away from the table and back into the pockets. It's panic selling, keeping it in fiat/usdt until things settle and then jumping right in.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
September 15, 2017, 02:04:33 PM
When can you say the price of bitcoin is already or nearly bubble?

Do you expect that the price will dump in coming years?
There is some real growth in bitcoin that justifies the rise in prices to some extent, more adoption and the activation of segwit are good developments but we know markets tend to overreact and the price got a little higher and now we are seeing bitcoin crashing in the last two days.
and it's crashed quite drastically now with the current slide. I think this is the fastest and longest crash that i've seen since i became aware of bitcoin. It's almost 1k drop in less than a week and its still going down. Though as with what happened before, here probably would be a rebound after a few days
While that crash was not child's play and in terms of dollars that is one of the biggest crashes we have seen, I do not know if it was as big as the crash we had before the hard fork, it is still nothing compared to the 2013 crash if you look at it in term of the percentage of market cap that was lost.
sr. member
Activity: 378
Merit: 250
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September 15, 2017, 08:57:24 AM
Bitcoin price depends on China and need a time to regulate. So maybe it can again fall to $1k
https://news.bitcoin.com/is-bitcoin-a-bubble-no-but-things-could-get-wild/
It wont happen its floor would be approx 2500$, China has entered this market not so long ago and it doesnt have such a big impact on bitcoin as you think.
member
Activity: 71
Merit: 10
September 15, 2017, 08:51:45 AM
When it reaches bubble price, hard to answer this question. I think when it goes too high that there are no signs of stopping it is the limit of it. But we need to look at the external impact, especially at this time, the impact from china is huge.
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