Topic: Bitcoin Price Crossed $11,000: Is it Really a Bubble? (Read 1191 times)
The bubble has long burst now and we are in a decline going downwards to the 7.5k usd support level, once that is breached, then the whole crypto markets will go on red alert and panic mode. People are so stupid that they have this herd mentality and start selling off altcoins that have great projects and promise just because the big financial institutions and whales are shorting bitcoin. In the end when everything crashes, who are the biggest winners of all time? The whales and big banks that will go in and scoop up everything for peanuts while all the rest of the idiots have panicked and sold themselves out for huge losses.
Been hearing this argument that bitcoin is a bubble every since I involved myself in this community. I have heard so much from both side that I just totally ignored all of it. Bubble or not, bitcoin is here to stay and no one can stop it. Not even a country or a single person.
I haven't seen any class assets for that matter that continue to grow and sustained it. Not in crypto or stock market. So I think that argument if flawed. Again, just call it anything you want. It's really getting tired arguing about it. If the bubble has been burst then wait for it to recovered and stand up and then whole argument starts again. Its a never ending discussion.
Same here which going back on my first registration on this forum I do already see this argumentation until up to these years there are people who do repeatedly talk about bitcoin is a bubble all over again without basing or just seeing on the chart development of bitcoin it do shows that it do grows as the years goes by.There might be some price dips but those are just healthy corrections for us to proceed to go higher in value even more.I personally think it is a bubble. The price cannot continue to rise indefinitely. It isn't possible.
I haven't seen any class assets for that matter that continue to grow and sustained it. Not in crypto or stock market. So I think that argument if flawed. Again, just call it anything you want. It's really getting tired arguing about it. If the bubble has been burst then wait for it to recovered and stand up and then whole argument starts again. Its a never ending discussion.
Well the thing is, it can't be helped. There will always be people who will assosiate aspects of bitcoin to how bubbles, like the dotcom bubble, work in the past. For me though, this bubble has burst several times already only to be pumped up afterwards to newer highs. I know a lot of people also see it that way.
Based on what I have observed using the blockfolio application, the highest value of bitcoin in the history reached almost $20,000. The value of bitcoin today is not stable and fluctuating between $12,000-$11,000 which means that it cannot be consider as the bubble price instead it is consider as the dumping value of bitcoin. There is a huge difference between $20,000 and $11,000 which means that, it is not yet the bubble.
Been hearing this argument that bitcoin is a bubble every since I involved myself in this community. I have heard so much from both side that I just totally ignored all of it. Bubble or not, bitcoin is here to stay and no one can stop it. Not even a country or a single person.
I haven't seen any class assets for that matter that continue to grow and sustained it. Not in crypto or stock market. So I think that argument if flawed. Again, just call it anything you want. It's really getting tired arguing about it. If the bubble has been burst then wait for it to recovered and stand up and then whole argument starts again. Its a never ending discussion.
Same here which going back on my first registration on this forum I do already see this argumentation until up to these years there are people who do repeatedly talk about bitcoin is a bubble all over again without basing or just seeing on the chart development of bitcoin it do shows that it do grows as the years goes by.There might be some price dips but those are just healthy corrections for us to proceed to go higher in value even more. I personally think it is a bubble. The price cannot continue to rise indefinitely. It isn't possible.
I haven't seen any class assets for that matter that continue to grow and sustained it. Not in crypto or stock market. So I think that argument if flawed. Again, just call it anything you want. It's really getting tired arguing about it. If the bubble has been burst then wait for it to recovered and stand up and then whole argument starts again. Its a never ending discussion.
Bitcoin price moves from time to time. That does not mean that Bitcoin is a bubble. Bitcoin is all cheap if you compare market data to estimated data of bitcoin in the future.
Been hearing this argument that bitcoin is a bubble every since I involved myself in this community. I have heard so much from both side that I just totally ignored all of it. Bubble or not, bitcoin is here to stay and no one can stop it. Not even a country or a single person.
I haven't seen any class assets for that matter that continue to grow and sustained it. Not in crypto or stock market. So I think that argument if flawed. Again, just call it anything you want. It's really getting tired arguing about it. If the bubble has been burst then wait for it to recovered and stand up and then whole argument starts again. Its a never ending discussion.
I personally think it is a bubble. The price cannot continue to rise indefinitely. It isn't possible.
I haven't seen any class assets for that matter that continue to grow and sustained it. Not in crypto or stock market. So I think that argument if flawed. Again, just call it anything you want. It's really getting tired arguing about it. If the bubble has been burst then wait for it to recovered and stand up and then whole argument starts again. Its a never ending discussion.
Bitcoin isn't a bubble as it stands now.It is built on a very innovative technology which with time will be widely adopted.When that time comes,people will have better options when it comes to cryptos and so will prefer other choices to it and that's when it will be a bubble
Bitcoin is a bubble. I've been hearing this for months. And the price of bitcoin with this after another correction again flies to the moon. Therefore, we can say that bitcoin is not a bubble. And it will be correct.
I personally think it is a bubble. The price cannot continue to rise indefinitely. It isn't possible.
I told ya so
I think it to never stop raise again
No mate it will never because people don’t want to go back at the low prices because they invested so much and they want fast result to achieve their profit and if this fall again then they will buy more to give if stable mode and I am sure you want to buy that’s why you want to see price at 7k but you are late now you want to buy then buy now otherwise in future it will take you more to buy and earn and use that money.
I personally think it is a bubble. The price cannot continue to rise indefinitely. It isn't possible.
Today, the Bitcoin is trading above $11,000 up 13.6% and has moved by $1307.06 in the single day with a total volume of $1.57B. Though Bitcoin is showing the bullish signals on the charts some of the parameters suggests that Bitcoin got overbought. It’s necessary for the BTCUSD to form a strong support and resistance level.
Is it really a bubble?
https://coincrump.com/bitcoin-price-crossed-11000/
Is it really a bubble?
https://coincrump.com/bitcoin-price-crossed-11000/
Yes,Of course it is really a bubble.. The bitcoin value is growing up every hour.. It cannot be predictable. May the bitcoin value is become 20000$ in next hour. It can be move to any value..
bitcoin will keep increasing until it reaches it's full potential!
Classic wording. It's impossible to know when Bitcoin has reached a top from where it just can't grow further. It might very well be that we're almost there right now, or it might be when this market reaches $1,000,000 at some point in the far future. And then still, $1,000,000 might turn out to be peanuts if we see a massive amount of the total circulating fiat gets pumped into Bitcoin because no one wants to hold fiat anymore. In other words, it's all relative. Bitcoin will never reach a point where one can say that it has reached its full potential. The only thing we can say, and more or less be confident about, is that there always is room for further growth potential, and as long as we all think like that, and believe that, it will continue to rise.
Don’t know why people always keep saying that bitcoin rise is bubble over and over again. I mean why can’t we just say it whole new development or whole in progressive market of the bitcoin that is taking the leap through time. We should be really happy with it and not to call it off the bubble as it devalues our bitcoin.
What bubble is really, a non crypto person coming into crypto world and after looking the potential of it he gets his bank account opened up and throw all the money into it. Now call it a bubble really! But no it’s not, it’s just the sarcasm and that’s what really happening with the bitcoin right now, they are calling it bubble because they are not able to justify how the bitcoin price risen so much high in such short period of time.
What bubble is really, a non crypto person coming into crypto world and after looking the potential of it he gets his bank account opened up and throw all the money into it. Now call it a bubble really! But no it’s not, it’s just the sarcasm and that’s what really happening with the bitcoin right now, they are calling it bubble because they are not able to justify how the bitcoin price risen so much high in such short period of time.
Even if it's a bubble, and that bubble pops, it will be really healthy because in no time it will come back stronger than ever. As it always does and always surprises us.
Exactly, what they are afraid of bitcoin as bubbles is that if it can't recovered similar to those dotcom bubbles 00's. But bitcoin shows resilient able to recover and then go even higher. So call it a bubble, but it can recover quickly. Like just today it crosses 12K mark and a lot of market analysis will again say bitcoin is a bubble that will be burst soon. I agree, it will be burst but they should also take into account how it can rebound and then goes even further its previous all-time-high.
So let's remain vigilant and see when this bull run will end and see how it will recovered and go to $20K.
Yes, it is bubble and it is a big bubble which we get it surprisingly. When bitcoin was $7000 in that time bitcoin has prepared to give us a big bubble, now i want to wait for a time and see when bitcoin will come at $20000 to $25000, it is a huge price and profit for us.
Bitcoin may be looking like it is a bubble. There might be even be a coordinated attack against bitcoin wnd all, one thing that is sure is this; bitcoin will keep increasing until it reaches it's full potential!
Even if it's a bubble, and that bubble pops, it will be really healthy because in no time it will come back stronger than ever. As it always does and always surprises us.
I think a lot of things can be label as a bubble, "the universe" for instance .. the main problem is how big and when that bubble going to pop ...
for bitcoin I think we just started to blow air into the system and the quality of soap bubble is very good indeed ... plus we just passed the psychological mark of 10.000 .. and 10.000 is the new reference for me ...
for bitcoin I think we just started to blow air into the system and the quality of soap bubble is very good indeed ... plus we just passed the psychological mark of 10.000 .. and 10.000 is the new reference for me ...
Bitcoin can be considered as a bubble since it's price has been peaking every month and has grown 11x times in just one year.
This is a very fast movement when compared to the past few years. Such rapid growth convinces any expert trader to believe that Bitcoin's price is a bubble and it will continue to rise until it hits millions. I say millions becuase very few people in the world know about Bitcoin and as more people get to know about it, the more investors will start buying it. Until a point comes when no investor will buy it then BTC will start crashing.
This is a very fast movement when compared to the past few years. Such rapid growth convinces any expert trader to believe that Bitcoin's price is a bubble and it will continue to rise until it hits millions. I say millions becuase very few people in the world know about Bitcoin and as more people get to know about it, the more investors will start buying it. Until a point comes when no investor will buy it then BTC will start crashing.
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