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Topic: Bitcoin price bubbled? - page 8. (Read 7504 times)

legendary
Activity: 2534
Merit: 1338
February 25, 2018, 11:20:11 AM
it was a bubble when it was 20 thousand $ ,but now it's increasing price is real and belief to btc is more than two months ago
It was a bubble when bitcoin reached that price but many make the mistake of thinking that all of the growth was a bubble and that is simply not true that is why bitcoin right now is still trading above 10k which means that while some of the growth was in fact caused by a bubble created by new users investing in bitcoin there was a also a lot of real growth in the previous year.

New users come and go. Specially those erratic buyers during the hype on December. Sadly they got burned in Ja-Feb crashed. But they will be replaced soon by new investors or they will returned with a new set of mindset.
I am not really sure we are going to get replacements that fast, after all if they are moderately smart they will see what happened to the newcomers in January and will probably be more cautions in their approach to bitcoin also those that got burned and lost a lot of money are probably not going to get back anytime soon, if you invested most of your money in bitcoin and then you lose it in a single month you will not be very eager to comeback.
legendary
Activity: 1442
Merit: 1025
February 25, 2018, 07:39:31 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?

Edit: On this year how is the bitcoin value soaring ... What I mean is how fast....
The meaning of the term bubble here in the cryptocurrency world is when the value increased so high then suddenly it pop up and the value of the coin almost lose its value.The price of the bitcoin is not bubbled. The price of the bitcoin is too volatile and it the reason why the value of bitcoin is always decreasing and increasing.
Most times some people may always see it in different ways.
If nothing or serious news is driving the price, and then we are seeing greed and fomo, then that could result to a slight bubble in price, but it is normal, so I would not consider it a bubble, I would rather say the market has been overbought and we always end up having a reversal if a market gets overbought or oversold.

If bitcoin itself is a bubble, by now it should have been down to probably $1 with all the negative news.
member
Activity: 294
Merit: 10
February 24, 2018, 05:55:15 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?

Edit: On this year how is the bitcoin value soaring ... What I mean is how fast....
I fully believe that bitcoin is not a bubble. We can see that bitcoin evolved with a very solid foundation and many countries recognized and allowed legal circulation. Even though the bitcoin price has dropped by more than 70%, it has quickly recovered. I believe we can trust and invest in bitcoin.
member
Activity: 238
Merit: 10
February 24, 2018, 04:37:18 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?

Edit: On this year how is the bitcoin value soaring ... What I mean is how fast....
True to this growth as late as 2017, I'm really worried about bitcoin being a bubble. But it can be seen that in early 2018 bitcoin prices have made a dramatic adjustment from $ 19800 to $ 9500 at the present time. Although bitcoin is still in the process of adjusting prices, we can believe that bitcoin is no longer a bubble as we think.
newbie
Activity: 112
Merit: 0
February 24, 2018, 03:43:30 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?

Edit: On this year how is the bitcoin value soaring ... What I mean is how fast....
I really doubt the possibility of bitcoin being a bubble. It can be seen that the price of bitcoin in the last days of 2017 rose to a peak when it reached $ 19800, but then with a Chinese embargo, bitcoin prices immediately plunged and fell to $ 6,000, lost more than 70% of its value. Although the past bitcoin prices are showing signs of recovery but today turned back to sharp decline.
sr. member
Activity: 1232
Merit: 250
February 24, 2018, 02:22:15 PM
This is just another market correction. So It's wrong for another to mistake a correction for a bubble. Bitcoin isn't a bubble and is simply undergoing a correction phase due to the recent bull run from around $2500 per bitcoin to $20000 per bitcoin all time high. This phase will be over soon.
At the present time I really doubt whether bitcoin is a bubble. We can see that bitcoin prices are falling sharply in the past few hours and there are no signs of recovery, which left me suspicious and worried. We can see that the market is fluctuating and no one is sure, so every step must be very careful.

No need to doubt, because it is a bubble of some kind, but not completely as I think and believe the current valuation is not only due to bubbles alone.
But it is possible this downfall will strike back to upward higher side, because pumpers will pump the price up. Best would be to diversify your holdings, no doubt cryptocurrency will be emerging in future.
member
Activity: 202
Merit: 10
February 24, 2018, 02:00:29 PM
This is just another market correction. So It's wrong for another to mistake a correction for a bubble. Bitcoin isn't a bubble and is simply undergoing a correction phase due to the recent bull run from around $2500 per bitcoin to $20000 per bitcoin all time high. This phase will be over soon.
At the present time I really doubt whether bitcoin is a bubble. We can see that bitcoin prices are falling sharply in the past few hours and there are no signs of recovery, which left me suspicious and worried. We can see that the market is fluctuating and no one is sure, so every step must be very careful.
newbie
Activity: 42
Merit: 0
February 24, 2018, 01:33:44 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?

Edit: On this year how is the bitcoin value soaring ... What I mean is how fast....
Do not believe to the articles in the internet that saying that bitcoin is bubble. It is also the reason why many people are withdrawing their money form the cryptocurrency world becuase they are believing that the bitcoin is bubble. I am sure that the value of the bitcoin is not bubble, it is only too volatile.
The reason of people believing on those non sense articles is they don’t know completely about bitcoin they just start listening to the rumors and this create a suffering condition for each and every investor,
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
February 24, 2018, 10:09:26 AM
You got your answer recently, it seems that at 20k most people tought this was pretty bubbled until 6k where it was undervaluated again Cheesy
Right, a lot of investors decided to cash out when the value kept going up and looking more scary and then a lot of weak hands in the process sold for loss, and then like you said, when the market got so much tapped out, some of the investors started stepping back in for another huge profit in coming months. A cycle we will always keep seeing repeat itself and nothing anyone can do about it. It is a market and it is bound to happen in any market.
That is what usually makes some investors smarter. They know what to look out for in the market, they know when there is a lot of greed and when a price is no longer going to be sustainable, and if it goes on that way, things may end up turning pretty bad.

So, they look out for overbought region and sell out straight away, without blinking, knowing the same greed that turned the market up and brought weaker hands into the market will turn to fear and cause serious panic sell until it gets to the real bottom.

Well usually these are people who've spent years already dealing with crypto and have already undrstood what it takes to keep afloat in this market. The problem with newbies today is they're not that much educated in what their dealing with. Just jumping the wagon and trying to make easy money
full member
Activity: 252
Merit: 102
February 24, 2018, 05:48:36 AM
I think it is good if the price is up and down because we can buy bitcoin when the price is down and then we can sell if the price is up and I think we could make a profit over and over. I think our profit will be big because the price is up and down in many times and if we can use this then I am sure that we can increase our money and our bitcoin in the same time. but we still need to analyze before we decide to buy and sell because sometimes the price could go down too far without any warning.
legendary
Activity: 1512
Merit: 1041
February 24, 2018, 05:33:39 AM
You got your answer recently, it seems that at 20k most people tought this was pretty bubbled until 6k where it was undervaluated again Cheesy
Right, a lot of investors decided to cash out when the value kept going up and looking more scary and then a lot of weak hands in the process sold for loss, and then like you said, when the market got so much tapped out, some of the investors started stepping back in for another huge profit in coming months. A cycle we will always keep seeing repeat itself and nothing anyone can do about it. It is a market and it is bound to happen in any market.
That is what usually makes some investors smarter. They know what to look out for in the market, they know when there is a lot of greed and when a price is no longer going to be sustainable, and if it goes on that way, things may end up turning pretty bad.

So, they look out for overbought region and sell out straight away, without blinking, knowing the same greed that turned the market up and brought weaker hands into the market will turn to fear and cause serious panic sell until it gets to the real bottom.
full member
Activity: 382
Merit: 100
Live cams shows pimped with cryptocurrency on Sexy
February 24, 2018, 03:29:41 AM
Bubble means that it is being sold at what it is not worth up to. As of this year, the price is not moving too fast, it moves slowly, unlike the year 2017 when it was moving really fast up. But I am believing we will have a much better experience this year 2018 than in 2017.
full member
Activity: 196
Merit: 101
February 24, 2018, 01:45:37 AM
I think all cryptocurrencies market is bubble and no one can predict the dump time. The only value all that system get - is a blockchain system, all other is nothing
hero member
Activity: 1036
Merit: 500
February 24, 2018, 01:38:11 AM
about the price of bitcoin that has been bubbling. i'm sure in a short time will come down drastically again. because bitcoin is like bubble or balloon if in inflatable will get bigger but if it is too big he will erupt
 

Not without some usage. What you have said in a way sound like you really do not believe in the fact that the value of bitcoin presently warrants it and if it is a bubble, I am sure if you have the basic knowledge of bubble, what we had recently is enough to get bitcoin out of the way to as low as nothing but having the capability to sustain itself at the value it did, shows strength as there are people who believe in the future value and not the quick gain they want to get from it.
full member
Activity: 350
Merit: 100
February 23, 2018, 12:12:20 PM
No, the price of easily bubbled because it was controlled by the company as much they can. All price or market value of bitcoins in the blockchain market are depends on the demands of the cunsumers.
full member
Activity: 434
Merit: 117
February 23, 2018, 09:15:40 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?

Edit: On this year how is the bitcoin value soaring ... What I mean is how fast....
Do not believe to the articles in the internet that saying that bitcoin is bubble. It is also the reason why many people are withdrawing their money form the cryptocurrency world becuase they are believing that the bitcoin is bubble. I am sure that the value of the bitcoin is not bubble, it is only too volatile.
sr. member
Activity: 1652
Merit: 299
February 23, 2018, 08:20:46 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?

Edit: On this year how is the bitcoin value soaring ... What I mean is how fast....
I really doubt that the bitcoin is a bubble, we can see the bitcoin price has risen vertically by the end of 2017 and only with a bitcoin bailout China was immediately sloppy. No brakes and up to 70% reduction in value to $ 6,000. Although bitcoin is slowly recovering, I still think that bitcoins are still at risk and can break down at any time.
If bitcoin is a big bubble, the market of bitcoin would have popped and dropped dead a very long time ago. Over the years even after a bull run and some huge correction, bitcoin has always shown greater sign of strength and everyone that the market has a lot of space to keep growing as the adoption keeps increasing. Sure, the huge increase in value could not have been warranted as there was nothing driving the price except speculation, but bitcoin itself is not a bubble.
full member
Activity: 448
Merit: 101
February 23, 2018, 07:05:02 AM
Any kind of money can be called a bubble. The same dollar. While people believe in currency - the rate of this currency will grow. By and large, a bubble can not be called only natural products, which can be eaten, dressed, used. Bitcoin will not burst. Perhaps over time it will change, but it will not burst. It's my opinion.
I usually relate a bubble to a huge increase in value that cannot sustain itself over time as nothing of value is driving the price up except speculation and some greedy ones trying to tap from it. Bitcoin has great value as a payment system based on a technology that has come to change a lot of things, so we cannot really call it a bubble. I guess most people may not know this and then end up thinking a correction to be a bubble pop.
member
Activity: 462
Merit: 11
February 23, 2018, 06:23:31 AM
I think yes price of Bitcoin bubble and so high fluktuacion, This is i think because the volume and marketcap of Bitcoin still small, and in the future when the volume very high the price could be less volatilitas than now.
sr. member
Activity: 476
Merit: 250
February 23, 2018, 06:00:46 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?

Edit: On this year how is the bitcoin value soaring ... What I mean is how fast....

I think no one can ever knew when will the bitcpins will fall in their highest. Look what happened last december, a lot of people invested in bitcoins when the bitcoins are one their highest at $20k but look what happen to them now when the bitcoins are falling today they lose almost a half of their money that they invested. Some others are still holding but some cut off their loss and accept that they lose but it still have a chance bitcoins are volatile anything can happen.
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