Bubble closer than you think? | Bitcointalksearch.org

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Quote from: bitkanu on February 08, 2018, 06:39:37 PM

Quote from: pinoyden on January 31, 2018, 12:43:10 AM

Quote from: CyberKuro on January 30, 2018, 05:41:41 PM

Everything that suddenly pumped significantly in a short time is a bubble, including bitcoin when it reached $20,000 and then pops up to $11,000. Look at the current price at $10K, barely can't pass the $12K wall. Hence, it's better if bitcoin price increases slowly but steady.

lol no, thats not the real definition of a bubble because what i heard is that a bubble is something that pops out and dissapear in thin air without a trace. pumping of a coin is pretty normal and that is due to the more demand that it gets from the public as well as market manipulation by whales. dumping of the price is also normal as it always happen in the case of crypro curency and that is also due to the lesser demand as well as manipulation. overall i do agree that we are now closer to the bubble because bitcoin is still continue to decrease from hero going to zero.

If we compare this year's current price with the price when we still on the early of 2017, we still above, I only consider bubble when an assets increasing so significantly and when it pops, it's gone, or at least, have lower value than or back to the beginning price. as you said, price dumping is really normal and this cycle always happening in the early months of every year. It's been proven and someone even have written an article regarding the pump and dump cycle. What makes this year looks different is because the mass adoption has increased significantly and there's so many newcomers who always scream even when bitcoin just drops about $1.

Who said that bitcoin is a bubble first time? Who said that and why people repeat that bubble, bubble like you know what bubble really is. Who is blind can open any chart and see how much crypto currencies worth now, how many altcoins there is, how many markets there is. Price raised due very high demand last year, and why price dropped well some whale dumped couple thousands bitcoins all of a sudden and panic started. Bitcoin marketcap is still over 100 billions, other coins increased significantly, this is not a bubble that is a proof that people are more and more interested in crypto assets. To many newbies scream when ever price is rising or dropping, look at this speculation sector, some people post really stupid topics with very stupid questions. I don't doubt that many of them bought on top and sold in dip, this kind of people will blame bitcoin for their own stupidity.

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Quote from: pinoyden on January 31, 2018, 12:43:10 AM

Quote from: CyberKuro on January 30, 2018, 05:41:41 PM

Everything that suddenly pumped significantly in a short time is a bubble, including bitcoin when it reached $20,000 and then pops up to $11,000. Look at the current price at $10K, barely can't pass the $12K wall. Hence, it's better if bitcoin price increases slowly but steady.

lol no, thats not the real definition of a bubble because what i heard is that a bubble is something that pops out and dissapear in thin air without a trace. pumping of a coin is pretty normal and that is due to the more demand that it gets from the public as well as market manipulation by whales. dumping of the price is also normal as it always happen in the case of crypro curency and that is also due to the lesser demand as well as manipulation. overall i do agree that we are now closer to the bubble because bitcoin is still continue to decrease from hero going to zero.

If we compare this year's current price with the price when we still on the early of 2017, we still above, I only consider bubble when an assets increasing so significantly and when it pops, it's gone, or at least, have lower value than or back to the beginning price. as you said, price dumping is really normal and this cycle always happening in the early months of every year. It's been proven and someone even have written an article regarding the pump and dump cycle. What makes this year looks different is because the mass adoption has increased significantly and there's so many newcomers who always scream even when bitcoin just drops about $1.

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Quote from: BartS on February 08, 2018, 06:12:14 PM

Quote from: CyberKuro on January 30, 2018, 05:41:41 PM

Everything that suddenly pumped significantly in a short time is a bubble, including bitcoin when it reached $20,000 and then pops up to $11,000. Look at the current price at $10K, barely can't pass the $12K wall. Hence, it's better if bitcoin price increases slowly but steady. But, it won't be achieved without usability appeal of bitcoin, as soon as core developers and miners agreed to implement another scale solution such as the lightning network or Schnorr signatures, hopefully, the transaction fees will be decline and no longer takes a long time to be confirmed.

It was a bubble but that does not mean that bitcoin cannot reach that price again or that the price of bitcoin was not fair, it was fair, the problem is there is simply not enough demand to justify that price right now but as bitcoin becomes more popular then we are sure to see that price again, in fact I think it is very likely we are going to see that price again in this year.

The demand will just their but the Bad news is one of the barricade right now since many people doubting to buy BTC at this point since they will afraid if their would be a dump will occur again. And if the weather will calm well maybe we can see that the demand will rise again and we will see that Bitcoins will pump and reach again to its 19k$ level or maybe evenmore.

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Quote from: CyberKuro on January 30, 2018, 05:41:41 PM

Everything that suddenly pumped significantly in a short time is a bubble, including bitcoin when it reached $20,000 and then pops up to $11,000. Look at the current price at $10K, barely can't pass the $12K wall. Hence, it's better if bitcoin price increases slowly but steady. But, it won't be achieved without usability appeal of bitcoin, as soon as core developers and miners agreed to implement another scale solution such as the lightning network or Schnorr signatures, hopefully, the transaction fees will be decline and no longer takes a long time to be confirmed.

It was a bubble but that does not mean that bitcoin cannot reach that price again or that the price of bitcoin was not fair, it was fair, the problem is there is simply not enough demand to justify that price right now but as bitcoin becomes more popular then we are sure to see that price again, in fact I think it is very likely we are going to see that price again in this year.

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Quote from: CyberKuro on January 30, 2018, 05:41:41 PM

Everything that suddenly pumped significantly in a short time is a bubble, including bitcoin when it reached $20,000 and then pops up to $11,000. Look at the current price at $10K, barely can't pass the $12K wall. Hence, it's better if bitcoin price increases slowly but steady.

lol no, thats not the real definition of a bubble because what i heard is that a bubble is something that pops out and dissapear in thin air without a trace. pumping of a coin is pretty normal and that is due to the more demand that it gets from the public as well as market manipulation by whales. dumping of the price is also normal as it always happen in the case of crypro curency and that is also due to the lesser demand as well as manipulation. overall i do agree that we are now closer to the bubble because bitcoin is still continue to decrease from hero going to zero.

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Everything that suddenly pumped significantly in a short time is a bubble, including bitcoin when it reached $20,000 and then pops up to $11,000. Look at the current price at $10K, barely can't pass the $12K wall. Hence, it's better if bitcoin price increases slowly but steady. But, it won't be achieved without usability appeal of bitcoin, as soon as core developers and miners agreed to implement another scale solution such as the lightning network or Schnorr signatures, hopefully, the transaction fees will be decline and no longer takes a long time to be confirmed.

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Quote from: EdenHazard on January 23, 2018, 09:13:16 AM

Quote from: romneymoney on January 10, 2018, 09:47:49 PM

I feel like the most likely scenario is the past repeating itself again. The price will generally decline for a few years and then will increase to a level 10-20x the previous ATH, so $200k+
Yeah, things are different, wall st money, alt coins, etc.. Nothing's guaranteed of course, I'm not putting my money where my mouth is on this in regards to the long term decline, I'm hodling. I am increasing my alt holdings, but I'm majority btc still and no selling.

those people who think bitcoin are a bubble will of course laugh a little bit and laugh hardly when crypto market completely crash , at least for now let them laugh as they wish , we can laugh harder later .

hodl and watch it , the more people who hates bitcoin the more potential of bitcoin to increase price and popularity.

I am not sure that Bitcoin crash will come very soon. Too many big players rule the market — they will never let BTC fall. But it does not mean Bitcoin can replace fiat.

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Quote from: BartS on January 29, 2018, 06:27:52 PM

Quote from: Drixy on January 13, 2018, 07:58:36 PM

Quote from: virtualdn on January 08, 2018, 06:28:37 PM

BTC will exist even in the next 100 years... if it crashes everyone will want to buy a lot so it cannot crash

The only ones saying it's a bubble are the ones who missed the train and are envy right now

Yeah it will exist for more than 100 years although i doubt it will be useful fro more than 10 years from now. It wont be used more often than before from ten years as of now. Yup Bitcoin will probably useless or not be used by so many But that doesnt mean it wont exist. If your worrying on your money so much OP then so be it dont invest then.

Almost all the altcoins are based on the technology of bitcoin, if bitcoin fails then most alts are going to fail as well and there is no way around that, so all these people that wish that their coin was the number one in market cap are unable to see what will happen if that was the case, if bitcoin crashed a huge amount of money will be lost and I'm sure many people will decide to abandon crypto and never invest again.

That's a promised fact. If bitcoin falls, surely altcoins too will fall along with bitcoin. This is the real fact and it all happens just because of altcoins being dependent on bitcoin. Price crash is quite a common thing with bitcoin, but the same never lets the community down. Because it surely retains the growth at some instance.

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Quote from: Drixy on January 13, 2018, 07:58:36 PM

Quote from: virtualdn on January 08, 2018, 06:28:37 PM

BTC will exist even in the next 100 years... if it crashes everyone will want to buy a lot so it cannot crash

The only ones saying it's a bubble are the ones who missed the train and are envy right now

Yeah it will exist for more than 100 years although i doubt it will be useful fro more than 10 years from now. It wont be used more often than before from ten years as of now. Yup Bitcoin will probably useless or not be used by so many But that doesnt mean it wont exist. If your worrying on your money so much OP then so be it dont invest then.

Almost all the altcoins are based on the technology of bitcoin, if bitcoin fails then most alts are going to fail as well and there is no way around that, so all these people that wish that their coin was the number one in market cap are unable to see what will happen if that was the case, if bitcoin crashed a huge amount of money will be lost and I'm sure many people will decide to abandon crypto and never invest again.

Basmic

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The term bubble is not suited to bitcoin. The idea is very promising. It seems to me that Fiat has more signs of a bubble than bitcoin. What do you think can the economy of America to pay foreign debt in the amount of 20 trillion dollars? The dollar does the same bubble? I like bitcoin and I believe in its future.

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Quote from: jellyhashman on January 27, 2018, 01:32:48 AM

May be Bitcoin or some other cryptocurrency will replace fiat, but it will take 10-20 years.

I love bitcoin but its a no. Bitcoin won't replace fiat, some countries declared that bitcoin is good as commodity so they are giving their people an idea on what bitcoin really is. But I do believe that bitcoin is the future and for those people who are keep on saying that its a bubble, ok.

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Quote from: JoinCoins on January 08, 2018, 06:05:15 PM

https://www.ccn.com/the-very-essence-of-a-bubble-jeremy-grantham-lumps-bitcoin-into-larger-market-trends/
This article makes worry about future.
After a while if everything increasing exponentinally at some stage die people cash all out and the big crash is coming sooner or later.
Any thoughts on this when?

This migh happened and it might not happen as we have read many of such articles several time on many blogs. I stay with my personal decision on all this and I believe in bitcoin and i believe bitcoin will not be in bubble. From the beginning people saying bitcoin is going to die when it gets to $10, $100, $500, $1000 and $10,000 but bitcoin is still living.

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Quote from: Higher Altitude on January 26, 2018, 09:13:32 AM

Bitcoin won't replace FIAT I guess, something else that has yet to emerge will. But I really like the technology. And they are right, it's way too unstable to be used by everyone. That's why people cash out in USD/EUR. It's stable. But nothing out there can beat the 10X returns. Grin

May be Bitcoin or some other cryptocurrency will replace fiat, but it will take 10-20 years.

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Quote from: virtualdn on January 08, 2018, 06:28:37 PM

BTC will exist even in the next 100 years... if it crashes everyone will want to buy a lot so it cannot crash

The only ones saying it's a bubble are the ones who missed the train and are envy right now

As long as the characteristics of bitcoin that make it valuable remain there it does not matter if the price of bitcoin crashes, there is always going to be people that will want to invest money in bitcoin since the potential to become the next big thing is there, however if that were to happen, you will need to have an unshakable faith in bitcoin and there are not many people like that.

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Quote from: Higher Altitude on January 26, 2018, 09:13:32 AM

Bitcoin won't replace FIAT I guess, something else that has yet to emerge will. But I really like the technology. And they are right, it's way too unstable to be used by everyone. That's why people cash out in USD/EUR. It's stable. But nothing out there can beat the 10X returns. Grin

Well, financiers and economists are speaking to the majority of the media with statements that Bitcoin is an army of the financial pyramid and many people will suffer from this future. Of course there is a certain number of people who will earn a lot of money for this, but everyone else who invests in Bitcoin can lose money. This information is always on my guard and I think I will have time to make money on it.

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Bitcoin won't replace FIAT I guess, something else that has yet to emerge will. But I really like the technology. And they are right, it's way too unstable to be used by everyone. That's why people cash out in USD/EUR. It's stable. But nothing out there can beat the 10X returns. Grin

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Quote from: dlhezter on January 23, 2018, 10:11:02 AM

Quote from: EdenHazard on January 23, 2018, 09:13:16 AM

Quote from: romneymoney on January 10, 2018, 09:47:49 PM

I feel like the most likely scenario is the past repeating itself again. The price will generally decline for a few years and then will increase to a level 10-20x the previous ATH, so $200k+
Yeah, things are different, wall st money, alt coins, etc.. Nothing's guaranteed of course, I'm not putting my money where my mouth is on this in regards to the long term decline, I'm hodling. I am increasing my alt holdings, but I'm majority btc still and no selling.

those people who think bitcoin are a bubble will of course laugh a little bit and laugh hardly when crypto market completely crash , at least for now let them laugh as they wish , we can laugh harder later .

hodl and watch it , the more people who hates bitcoin the more potential of bitcoin to increase price and popularity.

yeah thats right, bitcoin haters are laughing us now because of the recent crashes, but after all we all know that bitcoin is not a bubble as they thinking off, crypto has more big competitors upsidedown, so it is very normal to them to create more panic on some newbie bitcoin holders. just continue believing in bitcoin after this we are all bitcoin holders are laugh hardly to them when bitcoin pump huge. Grin

Well i'm not sure if a value of 10k usd is a laughable price as well. It's still expensive at this point considering that we've already dropped 50% from december's ath. The fact that its lingering and has strong support around 10k tells us that if it's a bubble, it's being primed to be inflated again.

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Quote from: EdenHazard on January 23, 2018, 09:13:16 AM

Quote from: romneymoney on January 10, 2018, 09:47:49 PM

I feel like the most likely scenario is the past repeating itself again. The price will generally decline for a few years and then will increase to a level 10-20x the previous ATH, so $200k+
Yeah, things are different, wall st money, alt coins, etc.. Nothing's guaranteed of course, I'm not putting my money where my mouth is on this in regards to the long term decline, I'm hodling. I am increasing my alt holdings, but I'm majority btc still and no selling.

those people who think bitcoin are a bubble will of course laugh a little bit and laugh hardly when crypto market completely crash , at least for now let them laugh as they wish , we can laugh harder later .

hodl and watch it , the more people who hates bitcoin the more potential of bitcoin to increase price and popularity.

yeah thats right, bitcoin haters are laughing us now because of the recent crashes, but after all we all know that bitcoin is not a bubble as they thinking off, crypto has more big competitors upsidedown, so it is very normal to them to create more panic on some newbie bitcoin holders. just continue believing in bitcoin after this we are all bitcoin holders are laugh hardly to them when bitcoin pump huge. Grin

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Quote from: romneymoney on January 10, 2018, 09:47:49 PM

I feel like the most likely scenario is the past repeating itself again. The price will generally decline for a few years and then will increase to a level 10-20x the previous ATH, so $200k+
Yeah, things are different, wall st money, alt coins, etc.. Nothing's guaranteed of course, I'm not putting my money where my mouth is on this in regards to the long term decline, I'm hodling. I am increasing my alt holdings, but I'm majority btc still and no selling.

those people who think bitcoin are a bubble will of course laugh a little bit and laugh hardly when crypto market completely crash , at least for now let them laugh as they wish , we can laugh harder later .

hodl and watch it , the more people who hates bitcoin the more potential of bitcoin to increase price and popularity.

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Quote from: magneto on January 23, 2018, 04:00:56 AM

Quote from: JoinCoins on January 08, 2018, 06:05:15 PM

https://www.ccn.com/the-very-essence-of-a-bubble-jeremy-grantham-lumps-bitcoin-into-larger-market-trends/
This article makes worry about future.
After a while if everything increasing exponentinally at some stage die people cash all out and the big crash is coming sooner or later.
Any thoughts on this when?

People have been saying that bitcoin is a bubble at $2000. But if we go back to $2000, will anyone say that bitcoin is a bubble any more? Probably not, because it's going to be a 90% loss for anyone who bought at the all time high.

Personally i think that bitcoin's rise has been very quick, and when bitcoin was close to the all time high it was a bubble. However, now that bitcoin is under $11k, it seems quite stable since the ultimate support is at $10k.

And who would argue that the advancements that bitcoin has made in terms of adoption wasn't worth the 1000% rise in the past year. If anything, the bubble has already popped. We're just going to be waiting for the next bitcoin season, that is all.

The rise in value was in my eyes too quickly, almost everyday a new ATH was reached. Now the price is stable around the $10k mark.
While the support seems to be quite strong at the $10k mark, if we go below it and it doesn't bounce back immediatly, than I thik we are in for a new big crash.

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Quote from: JoinCoins on January 08, 2018, 06:05:15 PM

https://www.ccn.com/the-very-essence-of-a-bubble-jeremy-grantham-lumps-bitcoin-into-larger-market-trends/
This article makes worry about future.
After a while if everything increasing exponentinally at some stage die people cash all out and the big crash is coming sooner or later.
Any thoughts on this when?

People have been saying that bitcoin is a bubble at $2000. But if we go back to $2000, will anyone say that bitcoin is a bubble any more? Probably not, because it's going to be a 90% loss for anyone who bought at the all time high.

Personally i think that bitcoin's rise has been very quick, and when bitcoin was close to the all time high it was a bubble. However, now that bitcoin is under $11k, it seems quite stable since the ultimate support is at $10k.

And who would argue that the advancements that bitcoin has made in terms of adoption wasn't worth the 1000% rise in the past year. If anything, the bubble has already popped. We're just going to be waiting for the next bitcoin season, that is all.

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Quote from: yg10 on January 08, 2018, 10:15:50 PM

Same old song. bla, bla, bla . tulip mania ...
Why this guy (and others) cannot search why and how tulip mania was ended.

Because he is a dumb guy, are you blind? everybody can see this.

This guy has been spreading fake rumours for more than a month in here, no one believes in a single word of what he is talking about.

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Quote from: JoinCoins on January 08, 2018, 06:05:15 PM

https://www.ccn.com/the-very-essence-of-a-bubble-jeremy-grantham-lumps-bitcoin-into-larger-market-trends/
This article makes worry about future.
After a while if everything increasing exponentinally at some stage die people cash all out and the big crash is coming sooner or later.
Any thoughts on this when?

The one who says that bitcoin is a bubble, they are just envy and they are the critics of bitcoin.

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People think its a bubble everyday Grin

Blockfolioz

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Though it is not a bubble, it has affected the community same as that an bubble gets exploded. Looking the current scenario the bubble seems to be elongating for a bigger thing to happen nearby. This can cause a huge price bumping, or else could cause a drop in value.

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This is a usual thing, whenever price reaches high extent and comes down people start to say it as bubble, there is nothing to get worried about it and we can see many posts here like it is a big bubble, bitcoin is going to die and so on, just don't be panic, don't have negative effects on bitcoin and stick on to it with confidence. Price fluctuations are normal in bitcoin, it will live forever.

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Quote from: jjacob on January 22, 2018, 05:49:18 AM

Quote from: pjhom on January 22, 2018, 04:44:52 AM

BTC isn't going anywhere. The price may have big swings, but their will always be a market for it. This is different from equity markets because it spans every country and is independent of them all. There will always be someone willing to buy it at the right price.

Everybody will agree that Bitcoin is different from equity markets. The equity investors will say that their investments are backed by solid cash flows, and that the value of their investments will never go to zero. According to them, that is why equity markets are different from crypto markets. Just because Bitcoin market is different from traditional equity market does not mean that there cannot be a bubble.

Many cryptocurrencies are starting to follow a similar model whereby revenues are shared with token owners, I think there will be a transition in that sense in the future. To suggest that there will always be 'someone' willing to buy at a given price is probably not too far off but let's not forget there are millions of bitcoin, just one person being misinformed is not enough, all in all there needs to be a large amount of people willing to buy at any given price.

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Quote from: pjhom on January 22, 2018, 04:44:52 AM

BTC isn't going anywhere. The price may have big swings, but their will always be a market for it. This is different from equity markets because it spans every country and is independent of them all. There will always be someone willing to buy it at the right price.

Everybody will agree that Bitcoin is different from equity markets. The equity investors will say that their investments are backed by solid cash flows, and that the value of their investments will never go to zero. According to them, that is why equity markets are different from crypto markets. Just because Bitcoin market is different from traditional equity market does not mean that there cannot be a bubble.

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BTC isn't going anywhere. The price may have big swings, but their will always be a market for it. This is different from equity markets because it spans every country and is independent of them all. There will always be someone willing to buy it at the right price.

uray

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Quote from: virtualdn on January 08, 2018, 06:28:37 PM

BTC will exist even in the next 100 years... if it crashes everyone will want to buy a lot so it cannot crash
The only ones saying it's a bubble are the ones who missed the train and are envy right now

There is no ending for bitcoin,that part i understand really well,the only question is,will be price of bitcoin be the same or will it crash,if the development team behind bitcoin could implement solutions to its flaws in a timely manner ,then there is nothing to worry about,sure people who missed the boat are envy about it and there is nothing that can be done Cheesy

.

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Quote from: JoinCoins on January 08, 2018, 06:05:15 PM

https://www.ccn.com/the-very-essence-of-a-bubble-jeremy-grantham-lumps-bitcoin-into-larger-market-trends/
This article makes worry about future.
After a while if everything increasing exponentinally at some stage die people cash all out and the big crash is coming sooner or later.
Any thoughts on this when?

There could be a bear market and if you look at the graph zoomed out it could be synonymous with a bubble. The real signs will come in the next months, if we can't increase much from here we'll be under threat from the next wave of bad news. If we can recover then we have a while to run I feel.

JC btc

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Quote from: joinfree on January 21, 2018, 02:34:10 PM

Quote from: Nilda on January 08, 2018, 07:42:36 PM

How close? This year? Next year? 2020? Doesn’t matter. Crashes are part of every currency. Some people are waiting for this so that they can buy at rock bottom prices.

There is not any bubble in here, i can not understand why there are a lot of people still saying that we are living in a bubble! In fact, the US dollar is the most giant bubble that has ever existed, they are printing over 180 million dollars a day.

What we are talking about here is cryptocurrency, we do have some instincts and speculations what and when bubble could be at? Everyone of us were expecting more about bitcoin, we have been clamoring for the bubble so we can all benefit with it. For me, it doesn't matter when what I am doing is just to continue believing and holding until it will come. Just don't worry if we kept waiting when we are just stepping out of getting bored and thinking it won't happen.

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Quote from: Nilda on January 08, 2018, 07:42:36 PM

How close? This year? Next year? 2020? Doesn’t matter. Crashes are part of every currency. Some people are waiting for this so that they can buy at rock bottom prices.

There is not any bubble in here, i can not understand why there are a lot of people still saying that we are living in a bubble! In fact, the US dollar is the most giant bubble that has ever existed, they are printing over 180 million dollars a day.

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Quote from: JoinCoins on January 08, 2018, 06:05:15 PM

https://www.ccn.com/the-very-essence-of-a-bubble-jeremy-grantham-lumps-bitcoin-into-larger-market-trends/
This article makes worry about future.
After a while if everything increasing exponentinally at some stage die people cash all out and the big crash is coming sooner or later.
Any thoughts on this when?

Well, I think we're approximately closer to bubble and we'll reach that soon. Fluctuations and variations are part of every physical or virtual field. Up and down comes but i doesn't mean that we bounce back and stop doing trading. It's fact that everything is exponentially increasing and it's matter of deep thought that why is it so. According to my predictions something really needs to be changed or edited in bitcoin cycle that makes sure about the constant stream of bitcoin value statistics. I hope it'll be fixed soon the dev team of bitcoin because otherwise people will switch to other altcoins.

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Quote from: virtualdn on January 08, 2018, 06:28:37 PM

BTC will exist even in the next 100 years... if it crashes everyone will want to buy a lot so it cannot crash

The only ones saying it's a bubble are the ones who missed the train and are envy right now

I agree with your answer Bitcoin is not a bubble. they just envy everyone who believe it at first. If you going to read the article of Andreas M. Antonopoulos bitcoin will exist in the next 100 years people are comparing it to a DOTCOM bubble.

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Quote from: juetj4079 on January 09, 2018, 07:40:43 AM

Quote from: JoinCoins on January 08, 2018, 06:05:15 PM

https://www.ccn.com/the-very-essence-of-a-bubble-jeremy-grantham-lumps-bitcoin-into-larger-market-trends/
This article makes worry about future.
After a while if everything increasing exponentinally at some stage die people cash all out and the big crash is coming sooner or later.
Any thoughts on this when?

Bubble

, that is why I heard from many economists in 2013 that there was a big bubble in the price of bitcoin, but its price has been on the increase so far, so I should not believe those words.

You must remember that there are a lot of people that are very good at their jobs while most of them suck at it and the job of an economist is the same, so as you can see we cannot rely on their predictions of bitcoin especially since they do not know anything about bitcoin and the technology behind it, so you can ignore them, that is what I do and I have gotten good results.

1Referee

legendary

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Quote from: Drixy on January 13, 2018, 07:58:36 PM

Yup Bitcoin will probably useless or not be used by so many But that doesnt mean it wont exist. If your worrying on your money so much OP then so be it dont invest then.

How do you know that already? Bitcoin with the right implementations can be functional in an up to date manner for plenty of decades. Lightning Network is a great example of that. People think that altcoins are cheaper, which they are right now due to their lack of network usage, but once we have LN to work with, altcoins will lose that 'cheaper and faster' confirming transaction advantage. Result is that people with their capital will flow back into Bitcoin, which is the only coin worthy of having your money sitting in. If Bitcoin at some point will become obsolete, it won't be because of another crypto currency, but something completely new that offers everything Bitcoin does, but in a far more efficient manner. What that new thing will be, no one knows yet, but time eventually will tell what will happen.

cynical

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Quote from: JoinCoins on January 08, 2018, 06:05:15 PM

https://www.ccn.com/the-very-essence-of-a-bubble-jeremy-grantham-lumps-bitcoin-into-larger-market-trends/
This article makes worry about future.
After a while if everything increasing exponentinally at some stage die people cash all out and the big crash is coming sooner or later.
Any thoughts on this when?

This may or may not happen nobody can tell so i dont know what all the worry is about?
In the first place people should not have invested more than they were willing to loose.
If this is the bubble slowly deflating it is only temporary and the coins that will be panic sold will be bought by the true believers in bitcoin.
It will be like a reward for hodling, and as soon as the price starts to rise there will be a fomo feeding frenzy.
True believers in bitciin dont worry about bubbles.

juicyjanet88

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MFG Token Sale - 1st of January

Quote from: JoinCoins on January 08, 2018, 06:05:15 PM

https://www.ccn.com/the-very-essence-of-a-bubble-jeremy-grantham-lumps-bitcoin-into-larger-market-trends/
This article makes worry about future.
After a while if everything increasing exponentinally at some stage die people cash all out and the big crash is coming sooner or later.
Any thoughts on this when?

I do not feel as though we are in a bubble just now, I feel like bitcoin itself is approaching its maximum value (at this time, it can increase with advances etc) but it is not currently overvalued. For me overvalued right now would be 30k+, a true bubble would be 50k-100k.

Drixy

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reading.......

Quote from: virtualdn on January 08, 2018, 06:28:37 PM

BTC will exist even in the next 100 years... if it crashes everyone will want to buy a lot so it cannot crash

The only ones saying it's a bubble are the ones who missed the train and are envy right now

Yeah it will exist for more than 100 years although i doubt it will be useful fro more than 10 years from now. It wont be used more often than before from ten years as of now. Yup Bitcoin will probably useless or not be used by so many But that doesnt mean it wont exist. If your worrying on your money so much OP then so be it dont invest then.

BartS

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Quote from: JoinCoins on January 08, 2018, 06:05:15 PM

https://www.ccn.com/the-very-essence-of-a-bubble-jeremy-grantham-lumps-bitcoin-into-larger-market-trends/
This article makes worry about future.
After a while if everything increasing exponentinally at some stage die people cash all out and the big crash is coming sooner or later.
Any thoughts on this when?

You do not understand many of the people investing in bitcoin do not have the intention of cashing out in a long time and many people do not have the intention of ever cashing out, also we already had a big correction and bitcoin was nowhere near to crashing, while it is obvious the price may have been overvalued at 20k, 14k seems to be a fair price to me.

arpon11

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Activity: 882

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Quote from: JoinCoins on January 08, 2018, 06:05:15 PM

https://www.ccn.com/the-very-essence-of-a-bubble-jeremy-grantham-lumps-bitcoin-into-larger-market-trends/
This article makes worry about future.
After a while if everything increasing exponentinally at some stage die people cash all out and the big crash is coming sooner or later.
Any thoughts on this when?

Every one is entitled to their opinions and bitcoin has performed very well because of one thing and that is it technology and societal acceptability. Governments is against bitcoin because bitcoin give freedom to the mass and said or written and articles that bitcoin is a bubble or scam and all sorts of names always come from governments and bankers sponsored articles. I have decided to looking at most of this article with open mind.

superjeyy

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Quote from: Nilda on January 08, 2018, 07:42:36 PM

How close? This year? Next year? 2020? Doesn’t matter. Crashes are part of every currency. Some people are waiting for this so that they can buy at rock bottom prices.

What Nilda said is true, every currencies experience a crash and this is normal. What makes Bitcoin different than other currencies on the other hand is that its peak shares a directly proportional relationship with its crash. This means that when Bitcoin reach greater heights, its crash can be devastating and with people being used to having high valued Bitcoins, they tend to label it as a bubble when it declines. I think this is unfair because we all know that dealing with Bitcoin meands dealing with volatility and uncertainty. As Nilda said, if Bitcoin rates are low we should take this as an opportunity to buy more as this will definitely be worth it in the long run.

romneymoney

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HODL

I feel like the most likely scenario is the past repeating itself again. The price will generally decline for a few years and then will increase to a level 10-20x the previous ATH, so $200k+
Yeah, things are different, wall st money, alt coins, etc.. Nothing's guaranteed of course, I'm not putting my money where my mouth is on this in regards to the long term decline, I'm hodling. I am increasing my alt holdings, but I'm majority btc still and no selling.

Altas

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Quote from: Ararbermas on January 10, 2018, 09:01:32 PM

Quote from: virtualdn on January 08, 2018, 06:28:37 PM

.. if it crashes everyone will want to buy a lot so it cannot crash

but unfortunately the opposite happened, which is when the price crash they also panic selling instead of buying more to hold. However nowadays the selling scenario is happening as we notice the price of bitcoin on this moment also the red percent in market graph. Perhaps they sell because of worrying about their profit and they covert into alts which is the value is increasing to ensure that they can obtain a good return instead of waiting for the bitcoin to increase.

Very few have the thinking to make profit when the price falls low. Rest just focus of missing the opportunity to sell high and intends to sell. This is what happening with bitcoin price fluctuation. In particular during every price drop people have started to complicate it with the price bubble. In reality I don't find anything to be a bubble recent days.

Ararbermas

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Quote from: virtualdn on January 08, 2018, 06:28:37 PM

.. if it crashes everyone will want to buy a lot so it cannot crash

but unfortunately the opposite happened, which is when the price crash they also panic selling instead of buying more to hold. However nowadays the selling scenario is happening as we notice the price of bitcoin on this moment also the red percent in market graph. Perhaps they sell because of worrying about their profit and they covert into alts which is the value is increasing to ensure that they can obtain a good return instead of waiting for the bitcoin to increase.

minersday

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Quote from: yg10 on January 08, 2018, 10:15:50 PM

Same old song. bla, bla, bla . tulip mania ...Why this guy (and others) cannot search why and how tulip mania was ended.

Maybe it makes sense, we can not compare both because tulips were used just for "collection" and then to re-sell to other people.

but now it is different, bitcoins, and all the other cryptocurrencies are being used to be used as a payment processor, not just for collecting them and having them in there forever.

This is what all those people need to understand, cryptos are here to stay.

A few centuries ago, a lot of people would tell you that paper money was a scam because they were always using gold or silver to make transactions.

cosmicintegral7

newbie

Activity: 41

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Really hard to predict when this will happen. May be 1 Trillion Market Cap or may be even further.

Washball

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Activity: 266

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First crypto index traded as a token!

Bitcoin seems to slow down, there is no high surge at the moment. Some people are waiting on a serious price fall to 10K since December. The price rise to almost 20K made people think this is a bubble, that will soon burst. But when smart investors pump millions in Bitcoin lately, there will be no burst yet. Even if the price goes down to 10K, there will be no crash, because the price will surge to 30K at least.

Oceat

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Activity: 2506

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Quote from: SheepSuit on January 09, 2018, 04:54:49 AM

Quote from: BillCoin on January 09, 2018, 04:27:02 AM

You forget to mention that the Market cap is just the total coins available x Last price.

There are tons of lost coins including satoshi's coins, that are still being included and counted in the market cap.
The market cap is not close to 1T$, it's a big time lower.
I believe that bitcoin is on the right way to explode it's bubble, the price has been increasing way too fast, but I also think that you shouldn't rely on the market cap to predict when it is going to happen, as the market cap is very misleading.

That's exactly the point. A lot of the coins are just being held as well and not actually trading. With more and more people getting into crypto I am not worried about a bubble in the short term.

Since Bitcoin was rapidly rising in a few weeks before last year it's not surprising to see such price corrections and bubbles to occur. Ever since the Christmas and New Year's coming, Bitcoin starting to get lower and lower each day and up until now. So if there's another fork that's coming i'm sure it will began to rise up again.

peter0425

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Quote from: CryptoBry on January 10, 2018, 01:58:55 PM

I am tired of reading so many posts in this forum telling us that the bubble is here or that it can happen tomorrow so we have to get prepared maybe suggesting that we dispose all of our Bitcoin holdings at a lower rate than we wanted to have. Meaning that we stop holding on and start selling. The thing is that Bitcoin will always go up and can also go down. When Bitcoin is getting high a lot of people are afraid that it gonna crash soon and when Bitcoin stabilized at the $14-15K level many people are complaining that it stop surging. And now Bitcoin is getting dizzy. The best thing to do is to hope for the surge but always prepared for the dip.

Me too. I'm getting tired of this so called experts calling bitcoin a bubble, I don't know what market price should bitcoin will go before they see that it has been burst? They will not see it because, whenever their's more than 30% dip, which for me is a crash, bitcoin should not recovered from it and then we can see that it has been burst. However, bitcoin is so resilient that it can recover from such crashes.

For me, whenever the price goes up and down, there will be a lot of FUD surrounding bitcoin and we can deny the fact that they will call every shot at attacking bitcoin. We have to face that hard truth.

Now since the price is going down, you will hear lots of argument against bitcoin, but when it recovered, they will call it a bubble again. Either side, there's no escape from those who really want to install fear and create panic.

CryptoBry

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Activity: 1008

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I am tired of reading so many posts in this forum telling us that the bubble is here or that it can happen tomorrow so we have to get prepared maybe suggesting that we dispose all of our Bitcoin holdings at a lower rate than we wanted to have. Meaning that we stop holding on and start selling. The thing is that Bitcoin will always go up and can also go down. When Bitcoin is getting high a lot of people are afraid that it gonna crash soon and when Bitcoin stabilized at the $14-15K level many people are complaining that it stop surging. And now Bitcoin is getting dizzy. The best thing to do is to hope for the surge but always prepared for the dip.

chocobo21

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I agree with the article, how can a coin like Dentacoin have a 1.5 billion marketcap ! This makes no sense how can this coin reach such a high price ?

p i e c e

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Quote from: JoinCoins on January 08, 2018, 06:05:15 PM

https://www.ccn.com/the-very-essence-of-a-bubble-jeremy-grantham-lumps-bitcoin-into-larger-market-trends/
This article makes worry about future.
After a while if everything increasing exponentinally at some stage die people cash all out and the big crash is coming sooner or later.
Any thoughts on this when?

No one can predict the exact collapse of bitcoin, but now its price is too high for it to collapse for a short period. Coin is still supported by many large investors and is interested in it's growth.

nl247

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The mistake a lot of people are making about bitcoin is that it is not just a mere useless stuff that people are just busy throwing their cash on and even though some people tend to see it just as an asset, which caused the recent spike in price, that does not make it a full blown bubble, otherwise with all the attacks from the government and lots of manipulations, it should have crashed by now. However you want to see it, one thing for sure is that even if the value gets lower, there will be so many people waiting to get it at the lower value. I guess the chart should tell you better.

arpon11

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I think the cryptocurrencies is a systems that need long time to build up and what so articles people write about it now should not be taken serious as the prices has most time defiled most of the thought of the writers. We have read many stories including comments that bitcoin is going to clash when it reaches $100, $1,000 and $10,000 but bitcoin has broken all those resistance area and remains strong uptill now. I don't think bitcoin is in bubble and I have to really tell you that bitcoin has a long way to go as per pricing.

juetj4079

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Quote from: JoinCoins on January 08, 2018, 06:05:15 PM

https://www.ccn.com/the-very-essence-of-a-bubble-jeremy-grantham-lumps-bitcoin-into-larger-market-trends/
This article makes worry about future.
After a while if everything increasing exponentinally at some stage die people cash all out and the big crash is coming sooner or later.
Any thoughts on this when?

Bubble

, that is why I heard from many economists in 2013 that there was a big bubble in the price of bitcoin, but its price has been on the increase so far, so I should not believe those words.

SheepSuit

member

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Quote from: BillCoin on January 09, 2018, 04:27:02 AM

You forget to mention that the Market cap is just the total coins available x Last price.

There are tons of lost coins including satoshi's coins, that are still being included and counted in the market cap.
The market cap is not close to 1T$, it's a big time lower.
I believe that bitcoin is on the right way to explode it's bubble, the price has been increasing way too fast, but I also think that you shouldn't rely on the market cap to predict when it is going to happen, as the market cap is very misleading.

That's exactly the point. A lot of the coins are just being held as well and not actually trading. With more and more people getting into crypto I am not worried about a bubble in the short term.

BillCoin

sr. member

Activity: 476

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You forget to mention that the Market cap is just the total coins available x Last price.

There are tons of lost coins including satoshi's coins, that are still being included and counted in the market cap.
The market cap is not close to 1T$, it's a big time lower.
I believe that bitcoin is on the right way to explode it's bubble, the price has been increasing way too fast, but I also think that you shouldn't rely on the market cap to predict when it is going to happen, as the market cap is very misleading.

Denker

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Quote from: SiranthiS on January 08, 2018, 08:38:57 PM

Yes,bubble may closer than we think. But can't predict it today or tomorrow.Other ALT currencies can be take a part than bit coin.Fluctuation is a natural answer with the day today life.

Then this would be a tiny bubble compared to dotcom which had it's peak around $7 trillion.
The crypto space hasn even reached 1 trillion. Furthermore dotcom was US based while crypto is world wide phenomenon.
Speaking of a bubble right now seems not right imo.
Furthermore we need to clarify what part of the crypto space is in a bubble? Altcoins, ICOS? Yeah we can argue about that. Bitcoin? Probably not as it the only real decentralized, highly secured Blockchain with real world adoption and use cases people can take advantage of..

aso118

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Activity: 1918

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★Nitrogensports.eu★

Quote from: JoinCoins on January 08, 2018, 06:05:15 PM

https://www.ccn.com/the-very-essence-of-a-bubble-jeremy-grantham-lumps-bitcoin-into-larger-market-trends/
This article makes worry about future.
After a while if everything increasing exponentinally at some stage die people cash all out and the big crash is coming sooner or later.
Any thoughts on this when?

It has grown exponentially until now. It will not grow this way forever. At some point, existing Bitcoin holders might decide to sell and there could be a retrace in price. But that does not mean that we are in a bubble which will eventually burst.

benmartin613

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Quote from: JoinCoins on January 08, 2018, 06:05:15 PM

Any thoughts on this when?

If bitcoin is what you are talking about well there is no "when", bitcoin will last for as long as you live and haters are gonna hate more when bitcoin scalability has been fixed and the alt coin that they are pumping up will crumble eventually.

pooya87

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but we already had a nearly 40% crash. how many more do you want? for some people it seems to me like they want bitcoin to crash 80-90% and go down to something like $100 so that they can start calling it a "crash" and believe there no longer is any bubble! which is pretty weird to be honest.

the safe bet is to sell a small amount so that you feel good about yourself if price went down but not get fucked if it didn't go down and stayed here or continued rising more.

yg10

newbie

Activity: 88

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Same old song. bla, bla, bla . tulip mania ...
Why this guy (and others) cannot search why and how tulip mania was ended.

akram143

full member

Activity: 1106

Merit: 166

★777Coin.com★ Fun BTC Casino!

These articles are created by the bitcoin haters who wanted to bring down the price of bitcoin.So early investors don't panic about these news,they are speaking about this bubble for the last ten years but still it is not coming.

Budugbass

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As usually, some opinions will appear when the price looks redness, and we need to deepen it more also of course we should not only focusing on one article or a few articles, we really need to be able to concluding by adjusting it to the facts.
I myself am not too worried, I'm sure there are still many people who still continue to push / driven the price by the all activities which the people still engage with bitcoin, and the price would be still tend to be a higher.

Sall-Mo

newbie

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I think there is some bubble in the virtual currency market, but it may not be a lot. Because from the recent BTC price point of view, low prices will immediately rebound, indicating that we still have confidence in the BTC. What is the trend of the final price, the market needs to test.

Kingofbitcoin12345

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Quote from: JoinCoins on January 08, 2018, 06:05:15 PM

Any thoughts on this when?

Everyone is trying to convince other that bitcoin is dying and much will agree to your sentiments are those who support other coins,, its existence will remain visible for many years and those attacks or black propaganda maybe working for now but bitcoin is a special kind of crypto coin and the support behind it won’t walk away and leave..

Quote

Bubble closer than you think?

Bubble? Crash? What next? I have this replies for many times now from 2000$ to 5000$ and 10000$ price per bitcoin and it keeps moving up.. So does this really true,, I don’t think so..

jseverson

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It's basically the same argument all over again, from both sides. You see lots of financial experts with differing opinions and with some putting their money where their mouth is, like Peter Thiel. People have been clamoring for the bubble to pop for the longest time and it still hasn't. I know that's not a great indication of what the future will hold, but I plan on believing anyway.

At this point, all you can really do is pick one side and stick with it. There are also ways to mitigate risks like taking out your capital.

SiranthiS

newbie

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Yes,bubble may closer than we think. But can't predict it today or tomorrow.Other ALT currencies can be take a part than bit coin.Fluctuation is a natural answer with the day today life.

Kezio

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Activity: 108

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This entire ideology brought on by Bitcoin and blockchain technology has transformed into a prediction game. It might rise to a $50k price range tomorrow and it can plummet to nothing the following day. We won't know what will happen until it actually happens, unless there are people out there that somehow force events into fruition. But one thing is clear, Bitcoin will eventually come full circle, because crashes are a natural course of any economic trend, it might survive or it might not, we will see the outcome when the moment comes.

tegarp90

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Quote from: virtualdn on January 08, 2018, 06:28:37 PM

BTC will exist even in the next 100 years... if it crashes everyone will want to buy a lot so it cannot crash

The only ones saying it's a bubble are the ones who missed the train and are envy right now

i really agree with you, if there's any bubble, there must be whales selling their bitcoins and will buy it again on DIP.
Bitcoin will last forever !

Chalxdon

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Activity: 35

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Quote from: TimtheYoutuber on January 08, 2018, 07:57:25 PM

Really hard to predict something like this, I dont think we are in a bubble. I just think most coins are over evaluated.

I share same thought. In time those coins will phase out and be replaced with other coins

paul00

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Activity: 854

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Quote from: virtualdn on January 08, 2018, 06:28:37 PM

BTC will exist even in the next 100 years... if it crashes everyone will want to buy a lot so it cannot crash

The only ones saying it's a bubble are the ones who missed the train and are envy right now

Yes, they can't accept the truth about that they missed a big potential of investment in bitcoin and they thought it is too late to invest for now they just want to bring down bitcoin in giving a negative speculation to the people around them.

TimtheYoutuber

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www.positivebetting.com

Really hard to predict something like this, I dont think we are in a bubble. I just think most coins are over evaluated.

Nilda

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How close? This year? Next year? 2020? Doesn’t matter. Crashes are part of every currency. Some people are waiting for this so that they can buy at rock bottom prices.

EcoChavCrypto

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Activity: 448

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I think exactly the same as you, and it is not because i am 100% optimistic about this.

but even if bitcoin disappears, another altcoin will be the replacement of this.

For me, bitcoin is not going to be the replacement of fiat money, i think that another coin will be created in order to replace it.

Tether could be the perfect way to do it.. but we all know how highly manipulated it is because of Bitfinex.

Quote from: virtualdn on January 08, 2018, 06:28:37 PM

BTC will exist even in the next 100 years... if it crashes everyone will want to buy a lot so it cannot crash
The only ones saying it's a bubble are the ones who missed the train and are envy right now

virtualdn

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Activity: 1358

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BTC will exist even in the next 100 years... if it crashes everyone will want to buy a lot so it cannot crash

The only ones saying it's a bubble are the ones who missed the train and are envy right now

JoinCoins

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https://www.ccn.com/the-very-essence-of-a-bubble-jeremy-grantham-lumps-bitcoin-into-larger-market-trends/
This article makes worry about future.
After a while if everything increasing exponentinally at some stage die people cash all out and the big crash is coming sooner or later.
Any thoughts on this when?

Topic: Bubble closer than you think? (Read 697 times)