BTC new Era or Just bubble? | Bitcointalksearch.org

Lumada

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Quote from: TravelMug on October 04, 2017, 04:36:33 AM

Quote from: hase0278 on October 04, 2017, 04:29:45 AM

Quote from: SocialCloud on September 29, 2017, 03:44:25 AM

BTC new Era or Just bubble? - What do you think about it)) Many people invest a lot of fiat currency and hope that it will give them profit but they cant pevent if somesthing unpredictable happen. What do you whink about it ?

Bitcoin's current state at the very least is not a bubble. Where can you see a bubble so resilient that rises after it dumps?

Correct, it has proven time and again that it can rise from obscurity and recovered from such attacks. I haven't seen any bubble in the market that has recovered from such devastation. Look at the dotcom bubble. I don't know but it could be less than 10% survived. Bitcoin is almost 10 years old and its still standing. So I don't know if you call it a bubble by looking at the length of time and the multiples time it has risen and the subsequent recovery. I seriously doubt that you can find any like bitcoin for that matter.

Btc is the most popular crypto and it proves why it is the most popular,it can recover in any FUd and still keep moving,btc is the era now as well as the ICOs.

TravelMug

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Quote from: hase0278 on October 04, 2017, 04:29:45 AM

Quote from: SocialCloud on September 29, 2017, 03:44:25 AM

BTC new Era or Just bubble? - What do you think about it)) Many people invest a lot of fiat currency and hope that it will give them profit but they cant pevent if somesthing unpredictable happen. What do you whink about it ?

Bitcoin's current state at the very least is not a bubble. Where can you see a bubble so resilient that rises after it dumps?

Correct, it has proven time and again that it can rise from obscurity and recovered from such attacks. I haven't seen any bubble in the market that has recovered from such devastation. Look at the dotcom bubble. I don't know but it could be less than 10% survived. Bitcoin is almost 10 years old and its still standing. So I don't know if you call it a bubble by looking at the length of time and the multiples time it has risen and the subsequent recovery. I seriously doubt that you can find any like bitcoin for that matter.

hase0278

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Quote from: SocialCloud on September 29, 2017, 03:44:25 AM

BTC new Era or Just bubble? - What do you think about it)) Many people invest a lot of fiat currency and hope that it will give them profit but they cant pevent if somesthing unpredictable happen. What do you whink about it ?

Bitcoin's current state at the very least is not a bubble. Where can you see a bubble so resilient that rises after it dumps? If one were to call it bubble, it would be foolish since a bubble easily pops, and no bubble rises again after it dumps. For now, all I can say is that we are seeing the new Era of bitcoin where it is in the era of high rate adoption and the era next to it's coming golden age era probably since mass adoption is being seen right now.

ivrynx

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Bitcoin is not a bubble, bitcoin is here for almost a decade by now, if it is a bubble, the price should not be this low, since the technology bitcoin use is considered to be very advance, and ghe mathematical equation it uses, is not that old. We are now living in a new era of currency, wherein people would want to have something that will grow in value that will really give them a lot in return, i think the bank's era of using fiat, is about to end, and soon will be replaced by cryptocurrency, there will still be a lot of struggle for bitcoin, however, bitcoin is the future, and we cannot stop the future, only time will tell, how much worth, bitcoin is going to have by the time, fiay became obsolete.

ethereumhunter

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Quote from: SocialCloud on September 29, 2017, 03:44:25 AM

BTC new Era or Just bubble? - What do you think about it)) Many people invest a lot of fiat currency and hope that it will give them profit but they cant pevent if somesthing unpredictable happen. What do you whink about it ?

i am agree if btc is bubble and i also thinking bitcoin is a new era of technology but many people is not receive the information and they still don't want to use bitcoin. yes bitcoin is unpredictable because the volatility and bitcoin movement. but if we realize, many of us is making big profit because of crypto currency and they are agree with the unpredictable price.

Herbert2020

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bitcoin is extremely undervalued.

whether some people can see it or not, it doesn't matter. nothing about this will ever change. bitcoin is undervalued even if you think it is a "bubble". the supply of bitcoin is designed in a way that 1BTC should be worth a huge amount so that people start using 1 satoshi instead.

and the rise that you see and think is out of ordinary is actually pretty common among things that grow like this. there are even assets that have grown like this. bitcoin is the first of its kind to become this popular and it has a lot to offer it has to grow like this.

magneto

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Quote from: SocialCloud on September 29, 2017, 03:44:25 AM

BTC new Era or Just bubble? - What do you think about it)) Many people invest a lot of fiat currency and hope that it will give them profit but they cant pevent if somesthing unpredictable happen. What do you whink about it ?

Bitcoin is always evolving and gaining adopters, so therefore it is basically making new eras every single year.

However, is it really a bubble? Personally looking from now, i do think so. However, i don't think that the bubble is necessarily going to pop any time soon. The demand for bitcoin is so huge at the moment that even when exchanges shut down, prices are still going up.

I'd expect bullishness to continue to at least january, february next year.

LeGaulois

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I can't say Bitcoin is a just a bubble but can't say it's a new era either. I don't think Bitcoin will be as much popular as we are hoping. I think it will be somehow a marginal system of payment.

Also, have you noticed how blockchain (which has by far more potential than Bitcoin) is getting more massively adopted for different industries around us? In a near future, we will use blockchain without knowing it. Bitcoin is not getting the attraction that blockchain has

xypos

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Quote from: SocialCloud on September 29, 2017, 03:44:25 AM

BTC new Era or Just bubble? - What do you think about it)) Many people invest a lot of fiat currency and hope that it will give them profit but they cant pevent if somesthing unpredictable happen. What do you whink about it ?

Both. I think that price is probably going to correct itself soon but at the same time, we can see an new era for bitcoin emerging for sure. It's not just one or another, when there is a bubble, people get interested in bitcoin and we actually get a lot more people on board.

But as i said, this could be a bubble and may pop. Who knows when.

chesthing

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Quote from: amacar2 on September 29, 2017, 12:42:51 PM

Quote from: SocialCloud on September 29, 2017, 03:44:25 AM

BTC new Era or Just bubble? - What do you think about it)) Many people invest a lot of fiat currency and hope that it will give them profit but they cant pevent if somesthing unpredictable happen. What do you whink about it ?

BTC is not a bubble for sure, it is still like internet during 60s. Many people still don't know basic of bitcoin and when they will jump into bitcoin train than marketcap of bitcoin can grow to $1 trillion+.

Many newbie investors are just buying bitcoin on peak prices but when price will dump or corrected by like 10% or more than sell their bitcoin for loss being panic. Most of them don't know how to hedge against unpredictable market moves.

Internet like during '60s? lol more like internet during the year 2000.
It could just keep going up, or it could dump like a f'g bad burrito but I believe in either case it will be worth much more in 3 years than now.

MissionPhailed

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Cryptocurrencies have been around for 8 years now and personally I think it is here to stay. However, while Bitcoin itself has probably ushered in a new era, it might get overtaken by alts in the (near) future. While BTC has grown enormously this year, it has lost terrain to some emerging alts.
I don't believe BTC is a bubble in the sense that the value will make a sharp nosedive on the longer term.

SONG GEET

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Cryptocurrency market is quite uncertain thats why there is huge potential for profit along with huge risk of loss.
What most of the new investors don't understand is that price can't keep going up everyday, they should sell on peak and buy back at dump.

Youghoor

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Well bitcoin has started the new era of digital money, but i think that its price is so overrated, i mean, more than 400% in this year, and that roi is insane.. i remember that it was below $700 in January, so it has rised a lot. Anyway, i dont think we are in a "bubble" , but the price is so high, and it needs to crash a bit, but i really hope that it is not going to happen, we would not like seeing bitcoin crash.

amacar2

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Quote from: SocialCloud on September 29, 2017, 03:44:25 AM

BTC new Era or Just bubble? - What do you think about it)) Many people invest a lot of fiat currency and hope that it will give them profit but they cant pevent if somesthing unpredictable happen. What do you whink about it ?

BTC is not a bubble for sure, it is still like internet during 60s. Many people still don't know basic of bitcoin and when they will jump into bitcoin train than marketcap of bitcoin can grow to $1 trillion+.

Many newbie investors are just buying bitcoin on peak prices but when price will dump or corrected by like 10% or more than sell their bitcoin for loss being panic. Most of them don't know how to hedge against unpredictable market moves.

catapult

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Nobody can ignore the big role of the btc in the world. I think we all should accept that the btc is a new era, the articles, miners, news, transactions and more and more. But, is that just a bubble? Maybe yes or maybe not. The time will show that. We can not expect that all the currencies we invest will always provide us big profits. We will patiently wait and see the new prices to see its uncertain future.

Asrael999

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Not bubble yet - check out woobull.com for why, examine also google trends

manselr

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Quote from: SocialCloud on September 29, 2017, 03:44:25 AM

BTC new Era or Just bubble? - What do you think about it)) Many people invest a lot of fiat currency and hope that it will give them profit but they cant pevent if somesthing unpredictable happen. What do you whink about it ?

The ban on China clearly represents a new era, the post-Governmental ban on Bitcoin era, and it is obviously a very bullish one, since it means we have recovered from the ban of the allegedly biggest player on Bitcoin.

If we can survive that, im certain we can survive anything. CEO of JP Morgan also got proven wrong once again, and was caught buying the dip.

Holders win another day.

RodeoX

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Quote from: Torque on September 29, 2017, 08:23:48 AM

I could look at virtually any FAANG stock chart and call it a massive, decade long bubble.

Yep. It even goes beyond that. For example we are in a 5 thousand year gold bubble. Gold is just a shinny rock driven by speculation, one day it will be valueless again.

Torque

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I could look at virtually any FAANG stock chart and call it a massive, decade long bubble.

teilwalL05

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No one can predict the scenario of what's gonna happen in the future of bitcoin but there are two things that might happen it is either bitcoin's gonna proceed to the moon or bitcoin will have to say goodbye, we can surely never know what will happen, but for now I think holding is the best thing to do for now.

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