Bitcoin price bubbled? - page 19. | Bitcointalksearch.org

Mpamaegbu

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Once a man, twice a child!

Quote from: waiberz on August 14, 2017, 03:37:34 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?

If what you seek is a Clairvoyance or prophecy on the future of Bitcoin, then I am sorry to tell you that you won't get the answer here. No prophet can tell you anything either. Also, mind you that nobody truly has an accurate prediction when it coins to bitcoin or the crypto market. Everyone here (traders and holders) are mere speculators. If otherwise, we should have bought our thousands of coins in 2009.

So, no one can truly say Bitcoin price is a bubble or not. Just enjoy the ride.

romani245

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Quote from: QlooQl on August 14, 2017, 11:17:11 AM

It's impossible to tell if bitcoin is the craziest bubble in history or the best investment ever.

A few years ago, I would have agreed with you. Now after seeing "bubble" after "bubble" take place, I think of them more as "hype cycles" in a larger, continuing uptrend. It seems very clear at this point that bitcoin is in very limited supply given the level of adoption that is taking place right now. The next bear cycle we have, I'll be working very hard to accumulate.

ckorbba

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Quote from: Siren on August 15, 2017, 06:22:40 PM

Quote from: coolstory on August 15, 2017, 03:59:17 PM

Quote from: omonuyak on August 15, 2017, 03:53:23 PM

I do seriously believe that 2018 is going to be a fruitful years for bitcoin and others cryptocurrency. I speculating bitcoin price to get to $10,000. Most of the fear of what will bring bitcoin down has been taking care of this year and the issue of split which has been dawft bitcoin price has been taking care of this year so 2018 is a free ride. In 2018 bitcoin may go mainstream and be in bubble.

I agree with you and I can't believe how people see this as a bubble. The transactions are great and new people are being added every day to the bitcoin.

I don't think its also a bubble. People are just finding bitcoin to be a pathway to get more money through investing. So we also need to understand that bitcoin is slowly gaining prominence as safe haven for casual and even big investors.

For me its just new investor that are getting into action that is why there's a influx of cash to the ecosystem. There are also a country like Japan, South Korea and China backing up bitcoin so we should expect the price to really peak at this point because for sure big investors coming from those country are entering every day as evidence of the 24 trading volumes by the Asia country.

I would divide people into two categories, and 1 these are investors who want not only to make a profit but also to hide their incomes. The fact is that Bitcoin, with its anonymity, makes it possible to avoid taxation. Well, 2 category, this is the majority of users who want to earn at least some money for life and the future of their children.

Siren

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Quote from: coolstory on August 15, 2017, 03:59:17 PM

Quote from: omonuyak on August 15, 2017, 03:53:23 PM

I do seriously believe that 2018 is going to be a fruitful years for bitcoin and others cryptocurrency. I speculating bitcoin price to get to $10,000. Most of the fear of what will bring bitcoin down has been taking care of this year and the issue of split which has been dawft bitcoin price has been taking care of this year so 2018 is a free ride. In 2018 bitcoin may go mainstream and be in bubble.

I agree with you and I can't believe how people see this as a bubble. The transactions are great and new people are being added every day to the bitcoin.

I don't think its also a bubble. People are just finding bitcoin to be a pathway to get more money through investing. So we also need to understand that bitcoin is slowly gaining prominence as safe haven for casual and even big investors.

For me its just new investor that are getting into action that is why there's a influx of cash to the ecosystem. There are also a country like Japan, South Korea and China backing up bitcoin so we should expect the price to really peak at this point because for sure big investors coming from those country are entering every day as evidence of the 24 trading volumes by the Asia country.

coolstory

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Quote from: omonuyak on August 15, 2017, 03:53:23 PM

I do seriously believe that 2018 is going to be a fruitful years for bitcoin and others cryptocurrency. I speculating bitcoin price to get to $10,000. Most of the fear of what will bring bitcoin down has been taking care of this year and the issue of split which has been dawft bitcoin price has been taking care of this year so 2018 is a free ride. In 2018 bitcoin may go mainstream and be in bubble.

I agree with you and I can't believe how people see this as a bubble. The transactions are great and new people are being added every day to the bitcoin.

omonuyak

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I do seriously believe that 2018 is going to be a fruitful years for bitcoin and others cryptocurrency. I speculating bitcoin price to get to $10,000. Most of the fear of what will bring bitcoin down has been taking care of this year and the issue of split which has been dawft bitcoin price has been taking care of this year so 2018 is a free ride. In 2018 bitcoin may go mainstream and be in bubble.

PancherBitCoin

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Quote from: Shamie1002 on August 15, 2017, 12:03:06 PM

Bitcoin is in great use. As time is passing by, bitcoin is slowly(but surely) placed in the system I don't think that it will be implemented for nothing. It help lots of people and even when the bitcoin value is dumped ( which will not going to happen ) those who benifited from bitcoin existed. I will not consider Bitcoin price as a bubble. It worth big time. Won't burst because many trusts its value and many continue to adopt and invest in it.

It seems to me that this is the case of each individually, because each user uses Bitcoin at his discretion and does with him what he thinks. For today in Bitcoin for me the only way to earn, therefore I do not have time to wait for high prices and Therefore it is necessary to realize that that is. The fact is that money is needed every day to pay my bills and therefore every bubble is not my competence.

Shamie1002

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Bitcoin is in great use. As time is passing by, bitcoin is slowly(but surely) placed in the system I don't think that it will be implemented for nothing. It help lots of people and even when the bitcoin value is dumped ( which will not going to happen ) those who benifited from bitcoin existed. I will not consider Bitcoin price as a bubble. It worth big time. Won't burst because many trusts its value and many continue to adopt and invest in it.

vinimore

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I do believe bitcoin is in a bubble. I hope it isn't, but think about it. Why do most people buy bitcoin? It surely is innovative and new, and most probably is the future of the coin we know now. However, the bitcoin is almost useless as of now, at least in most countries, there are few to none place that will accept it. Which means, the most important use of the bitcoin, that is, to trade for a good, doesn't happen. So, why people buy Bitcoin driving it to crazy prices, because it's a asset and investment. Therefore, as long as it's going up, it is good, but when the big players decide that they earned enough, and start to sell, the market is going to crash, and, because there is no regulation behind it, people who are entering now, dreaming of richness, will loose it all.
I mean... that's the way I see it, and it does sound reasonable. The numbers of speculators on bitcoin are too damn high!

ivanst776

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Quote from: waiberz on August 14, 2017, 03:37:34 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?

Being a trader I never need to worry about whether it is a bubble and it will get dumped or pumping will continue. If my technical indicators shows to book profits then I will square off my positions and I will wait for another buy signal to get into. This way I never worry about what is actually happening with the bitcoin prices.

Like me, long-term holder is also not bothering about what is happening with bitcoin as they are always ignoring short-term movements of bitcoin prices.

oegarod

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Quote from: nasibakar on August 15, 2017, 04:46:41 AM

I heard about BTC buble almos every year, there is always a story about this.
If it s true then BTC should colapse now, it can not have buble everytime right?
Grin

Bitcoin price bubble happens with certain time interval, as stated this can be seen every year. In specific a promised price increase can be expected by the end of the every year. Other than that when special events happen the bubble takes place and one such is the ongoing bubble.

freebutcaged

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Someone is thinking about the coming years in the future while Bitcoin price has increased %100 over the past 2 months, if we could predict about any price

We can't predict Bitcoin's price any more, no one expected to see $4000+ any time soon but look we even went up to $4200 and now that price is sub 4K

I'm sure we'll go back up again, now people are selling thinking that they might never have such opportunity to sell at this highs again.

Mahanton

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Quote from: waiberz on August 14, 2017, 03:37:34 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?

Expect the unexpected here on bitcoin world and prices would really be unpredictable we dont really know if this price increase is a bubble or not but possibilities of price decrease would really be always there and we should not really be surprised on that and for those people who do hold their bitcoin up to now for sure they are really profiting on the current price some of them may already sold their bitcoins and some are just still holding up no matter what. Bubble or not, i will still stand firm beside on bitcoin.

nexus99

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Hard to say. It's really unpredictable. But if we assume it's a bubble now, then every previous Bitcoin price increase would have been a bubble too. Which it was not. So maybe now it isn't a bubble either. Looks like it will go on rising for some time to come

PanGiMoon

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Quote from: nasibakar on August 15, 2017, 04:46:41 AM

I heard about BTC buble almos every year, there is always a story about this.
If it s true then BTC should colapse now, it can not have buble everytime right?
Grin

I also hear that bitcoin is a bubble. But I'm used to not paying attention to these stupid things. The price of bitcoin fluctuates and this is the normal state of the crypto currency. Today we have already seen a decrease in the price of bitcoin and I think that it will be repeated soon

nasibakar

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I heard about BTC buble almos every year, there is always a story about this.
If it s true then BTC should colapse now, it can not have buble everytime right?
Grin

johnwest

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Lots of rumors about this and the newbies who are planning to invest in bitcoins will be the people who get into this assumption. Bitcoin is a filled bubble, not an empty one. There is a huge community around the globe which actually support and develop Bitcoin. In simple words, no, Bitcoin price is not bubbled.

seattletu

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There are still some question marks about whether bitcoin is in bubble or not. Be that as it may, the speed of its value development is as of now almost unmatched.

The digital currency has surged 200% in exceptionally unpredictable exchanging this year in the midst of proceeded with demand. bitcoin's long term rally by as much as 1,000% was swifter than home manufacturer stocks in the number one spot up to the housing crash.

AK47-

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I believe in the potential of cryptocurrencies. I don't think this price is any sort of bubble. Price will increase in future as well and with increase in demand which is already happening at fast rate. This increase in acceptance is quite genuine. Cryptocurrencies have given a totally new outlook for currencies with decentralised system. They certainly have a bright future until we find a better alternative to virtual currencies. But that is quite far to happen.

Siren

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Quote from: QlooQl on August 14, 2017, 11:17:11 AM

It's impossible to tell if bitcoin is the craziest bubble in history or the best investment ever.

Nicely put, its hard to say if want we are seeing right now is just a bubble or not. This is a very quick rise from from $3000. But then again, bitcoin price swing is very unpredictable and even if this is a bubble when its gonna burst? But for me, along the way, there might be few price corrections, but I don't think that we will have crash. I'm still people buying more in the dips, so if this happens the price will again rise. This is like when Japan just legalized bitcoin, the price jumps to high immediately then we experienced a few minor dips every month then it soared to today's price of above $4000.

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