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Topic: Bitcoin price bubbled? - page 17. (Read 7504 times)

newbie
Activity: 28
Merit: 0
September 04, 2017, 08:43:09 AM
#66
buy as much as you can, it will break 5000$ next month  Grin Grin Grin
hero member
Activity: 1260
Merit: 524
September 04, 2017, 08:41:23 AM
#65
There is no drop, a slight decrease is possible, but to fall by half or even three times. this will not happen. The more people will be in bitcoins, the more will be the price and less the chance of a recession.
Agreed! This is really absurd to imagine at present that bitcoins are going to dump hard. Little falls are being observed for last few days and this trend will be practiced till the inception of New Year. Indeed, more followers mean more market demand which ultimately leads to the high price of bitcoins.
i don't think that it will really happen or bitcoin is really looking forward for  huge dump in its price. the price is really amazing and rise day by day and it is looking forward to its next station of $10,000. but no doubt anything can happen you cannot predict the future but the prediction of the most experienced people is that it is very hard to stop it right now.

I also agree that this is just the trading and weak hands have sold their bitcoins which the bought in low and now the price will be moving between 4400 to 4800 range until the next bullish trend start and we can see next 600 usd price rise and bitcoin price goes 5500+ this month
sr. member
Activity: 924
Merit: 260
September 04, 2017, 08:35:55 AM
#64
The price is not in bubble yet it will take bitcoin price over $50,000 before we can say we are in bubble.we also need to see bitcoin in mainstream media before we can said we are in bubble. We may be in bubble when bitcoin price reach $50000 around 2019! By then bitcoin must have been adopted by India and some Third World countries as a system of payment for goods and services. We are currently laying foundation for what will happen in future and since the foundation is strong we expect that bitcoin will be number one currency.
hero member
Activity: 642
Merit: 500
September 04, 2017, 04:53:59 AM
#63
There is no drop, a slight decrease is possible, but to fall by half or even three times. this will not happen. The more people will be in bitcoins, the more will be the price and less the chance of a recession.
Agreed! This is really absurd to imagine at present that bitcoins are going to dump hard. Little falls are being observed for last few days and this trend will be practiced till the inception of New Year. Indeed, more followers mean more market demand which ultimately leads to the high price of bitcoins.
i don't think that it will really happen or bitcoin is really looking forward for  huge dump in its price. the price is really amazing and rise day by day and it is looking forward to its next station of $10,000. but no doubt anything can happen you cannot predict the future but the prediction of the most experienced people is that it is very hard to stop it right now.
full member
Activity: 476
Merit: 100
September 04, 2017, 03:48:13 AM
#62
When can you say the price of bitcoin is already or nearly bubble?

Do you expect that the price will dump in coming years?

currently the price is still stuck there is a chance of down and there is a chance up, but I predict it will always go up, because bitcoin is very limited supplynya and many people are looking for bitcoin.
hero member
Activity: 2660
Merit: 551
September 04, 2017, 03:27:42 AM
#61
There is no drop, a slight decrease is possible, but to fall by half or even three times. this will not happen. The more people will be in bitcoins, the more will be the price and less the chance of a recession.
Agreed! This is really absurd to imagine at present that bitcoins are going to dump hard. Little falls are being observed for last few days and this trend will be practiced till the inception of New Year. Indeed, more followers mean more market demand which ultimately leads to the high price of bitcoins.

It is really funny hearing that every time that bitcoin has dropped, they always think that bitcoin is a bubble that has burst and the price will fall and crash hard on the floor. However, bitcoin has never experienced a bubble for this year, IMHO. We may see a few dips here and there, but investors have really fully trusted on it that every time the price falls, a lot of new faces join and enter the hype train. So I can't really see that bitcoin can fall three folds. Just wait and see, bitcoin will recover and rebound once again and we will see a strong price in couple of months.
hero member
Activity: 2576
Merit: 582
Leading Crypto Sports Betting & Casino Platform
September 04, 2017, 03:19:44 AM
#60
There is no drop, a slight decrease is possible, but to fall by half or even three times. this will not happen. The more people will be in bitcoins, the more will be the price and less the chance of a recession.
Agreed! This is really absurd to imagine at present that bitcoins are going to dump hard. Little falls are being observed for last few days and this trend will be practiced till the inception of New Year. Indeed, more followers mean more market demand which ultimately leads to the high price of bitcoins.
full member
Activity: 131
Merit: 100
September 02, 2017, 08:12:47 AM
#59
There is no drop, a slight decrease is possible, but to fall by half or even three times. this will not happen. The more people will be in bitcoins, the more will be the price and less the chance of a recession.
hero member
Activity: 2534
Merit: 586
September 02, 2017, 06:19:52 AM
#58
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 price has not only bubbled but it has broken a lot of records and its still going to keep breaking because to find a currency that’s going to act the way its acting is going to be a difficult task, because no other currency has the potentials to be like that.
hero member
Activity: 1190
Merit: 534
September 01, 2017, 01:33:01 PM
#57
Well, considering the scope of it and utility value along with the growth potential, I don't think that $5K is a fair price. I believe that Bitcoin is still undervalued and it will grow in the coming years.

I hold Bitcoins and you can label this as a bias opinion but I honestly believe that Bitcoin is undervalued at this moment and we will see the price floating around $10K before 2020. A bubble is something which has no practical use and highly optimistic opinions but Bitcoin is providing a solution to the issue of costly and time-consuming overseas funds transfer.

The current value of Bitcoin is not yet a bubble type and even if it reached as high as $10K I would not call it a potential bubble still. There are many factors or reasons why Bitcoin keep on rising in terms of value. Bitcoin has proven itself to be so resilient and a survivor to say the least. It will go on to be more valuable until it will sometime plateau and that is when volatility can be lessened. Instead of bubbles, I am predicting that there would be small corrections on a regular basis...serving Bitcoin a buffer against the possibility of having catastrophic bubbles.
Bubbles would just be considered if its price increase been affected by a temporary hype then suddenly crashes its price and this is not happening on bitcoin as of now since price wont really easily crash because of the strong supports on it which means crashing might not happen easily theres posibility but only on minimal.Price corrections do really happen and its normal for a healthy market of bitcoin.

Exactly, Bitcoin will keep growing with some price corrections but since it gives utility value against the amount invested, we can not call it a bubble. If we are ignoring price volatility, then it is a perfect mode of the international payments which saves costs and more precisely the time of transaction confirmation as compared to that of traditional fiat systems.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
August 31, 2017, 09:22:02 PM
#56
I don't think that the price will dump in coming years because bitcoin has already its own momentum and it will keep on maintaining that and we already got a lot of countries that fully support bitcoin like Japan and other countries and that is why i see that the price of bitcoin will pump more in coming years and i don't think that we can see any bubble because the price of bitcoin is now solid.
full member
Activity: 294
Merit: 100
August 31, 2017, 06:41:28 PM
#55
Its normal to expect a big dump coming but i don't it's anytime close. Not while btc is enjoying a good support after segwit. Holders probably won't even mind if a dump happens as it's certain to bounce back. A slide of around 30-40% would even be exciting as it would mean buying time will be active. And it means that it won't take long before btc recovers again

Agreed. It does look like the price has quite a lot more to go up before coming back down this time round.Reason is this time the pump is partially supported by monies like hedge funds starting bitcoin funds and things like that which are legit money, not not money.

I am fairly confident bitcoin price could reach and stabilise above $5K or even touch $6K a bit this year.
However then of course, whether it is a bubble or not also depends on factor like new regulations. Recently we saw Chinese ICO ban could send the market into some sort of bear market for at least a few days. Any new regulation bigger than that will surely have a big negative impact on bitcoin price.
sr. member
Activity: 1414
Merit: 259
Undeads.com - P2E Runner Game
August 31, 2017, 06:32:49 PM
#54
When can you say the price of bitcoin is already or nearly bubble?

Do you expect that the price will dump in coming years?

We do not say bitcoin prices like a bubble, but the altcoin is creating a bubble, and the largest bubble containing all the bubbles is bitcoin left because it has a direct impact on the entire altcoin.

Altcoin ICO bubble will not affect the bitcoins market value and won't be impact on bitcoin growth or down fall in future. But when bitcoin's value bubbles in the chart we need to worry fees could we do and we feel fear of price falling when we start business or trading I'm that time.

If the fees is very high and unreachable, and also the addition of blocks of transaction then we can be sure bitcoin prices will bubble, many people deny it but its potential is huge and create chaos in the future, we need to keep reviewing with some system upgrades back for some time .
full member
Activity: 616
Merit: 124
August 31, 2017, 04:13:30 PM
#53
They have been saying bubble to btc price for years. But it keeps raising in every cases. We risked our money already its true but  we should ignore those kind of meaningless sayings
hero member
Activity: 924
Merit: 512
August 31, 2017, 02:48:43 PM
#52
When can you say the price of bitcoin is already or nearly bubble?

Do you expect that the price will dump in coming years?

We do not say bitcoin prices like a bubble, but the altcoin is creating a bubble, and the largest bubble containing all the bubbles is bitcoin left because it has a direct impact on the entire altcoin.

Altcoin ICO bubble will not affect the bitcoins market value and won't be impact on bitcoin growth or down fall in future. But when bitcoin's value bubbles in the chart we need to worry fees could we do and we feel fear of price falling when we start business or trading I'm that time.
member
Activity: 119
Merit: 13
0x88628bf14F2391707bA9d1767f83c694Efd2a8B9
August 31, 2017, 02:47:24 PM
#51
We have been hearing about the Bitcoin bubble since the price was at 100 USD, if we compare the graphs of Bitcoin with the DOTCOM bubble we can see the market cap of Bitcoin is far less "inflated" than the dotcomo graph

Moreover I support this https://cointelegraph.com/news/there-will-be-no-bubble-for-bitcoin-and-ethereum-heres-why

That hyphothesis proposes that crypto can't really be into a bubble because of George Soros theory of market bipolarity
full member
Activity: 564
Merit: 100
August 31, 2017, 02:43:30 PM
#50
When can you say the price of bitcoin is already or nearly bubble?

Do you expect that the price will dump in coming years?

We do not say bitcoin prices like a bubble, but the altcoin is creating a bubble, and the largest bubble containing all the bubbles is bitcoin left because it has a direct impact on the entire altcoin.
hero member
Activity: 2954
Merit: 683
August 31, 2017, 02:31:15 PM
#49
Well, considering the scope of it and utility value along with the growth potential, I don't think that $5K is a fair price. I believe that Bitcoin is still undervalued and it will grow in the coming years.

I hold Bitcoins and you can label this as a bias opinion but I honestly believe that Bitcoin is undervalued at this moment and we will see the price floating around $10K before 2020. A bubble is something which has no practical use and highly optimistic opinions but Bitcoin is providing a solution to the issue of costly and time-consuming overseas funds transfer.

The current value of Bitcoin is not yet a bubble type and even if it reached as high as $10K I would not call it a potential bubble still. There are many factors or reasons why Bitcoin keep on rising in terms of value. Bitcoin has proven itself to be so resilient and a survivor to say the least. It will go on to be more valuable until it will sometime plateau and that is when volatility can be lessened. Instead of bubbles, I am predicting that there would be small corrections on a regular basis...serving Bitcoin a buffer against the possibility of having catastrophic bubbles.
Bubbles would just be considered if its price increase been affected by a temporary hype then suddenly crashes its price and this is not happening on bitcoin as of now since price wont really easily crash because of the strong supports on it which means crashing might not happen easily theres posibility but only on minimal.Price corrections do really happen and its normal for a healthy market of bitcoin.
hero member
Activity: 490
Merit: 501
August 31, 2017, 02:04:12 PM
#48
Well, considering the scope of it and utility value along with the growth potential, I don't think that $5K is a fair price. I believe that Bitcoin is still undervalued and it will grow in the coming years.

I hold Bitcoins and you can label this as a bias opinion but I honestly believe that Bitcoin is undervalued at this moment and we will see the price floating around $10K before 2020. A bubble is something which has no practical use and highly optimistic opinions but Bitcoin is providing a solution to the issue of costly and time-consuming overseas funds transfer.

The current value of Bitcoin is not yet a bubble type and even if it reached as high as $10K I would not call it a potential bubble still. There are many factors or reasons why Bitcoin keep on rising in terms of value. Bitcoin has proven itself to be so resilient and a survivor to say the least. It will go on to be more valuable until it will sometime plateau and that is when volatility can be lessened. Instead of bubbles, I am predicting that there would be small corrections on a regular basis...serving Bitcoin a buffer against the possibility of having catastrophic bubbles.
sr. member
Activity: 560
Merit: 286
August 31, 2017, 10:19:32 AM
#47
When can you say the price of bitcoin is already or nearly bubble?

Do you expect that the price will dump in coming years?
That’s one of the amazing things about bitcoin, it has been defying a lot of odds to become the best crypto in the market right now, it has been on the rise for the past few months and it doesn’t seem to be looking back, while other cryptos are trying to find a place.
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