Bubbles a good thing? - page 2. | Bitcointalksearch.org

udanemas

newbie

Activity: 89

Merit: 0

Quote from: J Sykes on April 26, 2018, 05:01:08 AM

So we hear bitcoin is a bubble over and over. I was reading a book regarding bubbles and his take on them were fascinating. His argument was that the biggest leaps in innovation come through the speculation, exuberance and floods of money that bubbles produce.

Once popped we are left with cheap infrastructure that can be snapped at a huge discount with companies with the same goal. Because the costs are so much cheaper it makes it was easier to operate long term.

We are also left with what he calls infrastructure of the mind. With all the hype and competition we see during bubbles the levels of marketing and advertising we see leave an imprint in the average consumers mind and this mental infrastructure doesn't disappear when the bubble bursts and once the pieces are picked up this is when you see the true valuable businesses appear out of the ashes!

Does this argument have any value in your opinion?

I think Bubble is a good thing. it allows you to buy it cheap then when bitcoin grows the value of your money is multiplied. It also good for day trading, they can gain profit from bubble.

marlo1001

full member

Activity: 365

Merit: 101

We can tell that bitcoin is a bubble over and over, but while there are still people who made their dreams come true, it is worthy!

krauzzer02

full member

Activity: 378

Merit: 101

Once a bubble burst the price will surely be deflated and that is not a good thing if you've invested large capital in that coin or asset and you are still holding that particular cryptocurrency large portion of your valued capital will lose, the only good thing I see is that when it burst price will surely decrease rapidly making its price cheap and affordable in short you can accumulate tons of it and wait the recovery to happen.

Janation

hero member

Activity: 1722

Merit: 528

Quote from: standley940 on May 22, 2018, 10:32:11 AM

That bubble is a good thing if you can use it to get more out of your profits. if bitcoin decreases, just buy more coins and sell if you want to get a lot of profit.

Do you even know what does that bubble means? I don't think that the "bubble" you are saying is the bubble that we are talking about here since you are like using bubble as a word synonym to dump which is not right. Bitcoin is not a bubble, though it is a digital currency that is so volatile and that is being taken advantage of those people who invested on it.

standley940

newbie

Activity: 82

Merit: 0

That bubble is a good thing if you can use it to get more out of your profits. if bitcoin decreases, just buy more coins and sell if you want to get a lot of profit.

blacksnapper94

newbie

Activity: 64

Merit: 0

bubble? I do not think it's good enough because the bubble was initially fun because it could have gained more and more profits but could have a very bad effect of eliminating all the assets we had, when the bubble burst, and it was not fair.

Kethek

newbie

Activity: 70

Merit: 0

indeed bubbles are good but you have to be careful not to fall asleep with bigger bubbles, because once the bubbles are too big the bubbles will break, and will make new bubbles again, that's the price of crypto

Sensus.Network

newbie

Activity: 14

Merit: 0

Bubbles are a good thing if you are on the right side of it .

sate_padang

newbie

Activity: 67

Merit: 0

Yes it is true and I think your argument has a very good value, because I also feel that bubbles are very good for bitcoin trading, because we can sell at the peak of the bubble and we get a lot of profits and buy back when the price goes down as it is today .

Hairpin

newbie

Activity: 28

Merit: 3

Depends on your perspective. Bubbles bring attention and investors to an idea that would otherwise not have seen the light of day. It will certainly make room to breed innovation and champion progress. They can also provide lots of opportunity for profit (for those who like to take risks). For some, bubbles create doubt and insecurity. This proves that no one has a crystal ball and can predict how the markets perform.

Daisy Smith

newbie

Activity: 14

Merit: 0

Actually I think Bitcoin is quite similar to a bubble, it can pop anytime without any prediction. However, if we know the way it run, we can earn a lot of money. Sometimes, bubbles can be a good thing.

meqnurgn

newbie

Activity: 89

Merit: 0

It depends on which angle you explain, usually bubbles are bad, because it will cause everyone to lose money and sometimes lose a lot of money. But from the development of the community, it is also beneficial to analyze bubbles. It is true that bubbles can cause more concern and investment.

balu06

newbie

Activity: 98

Merit: 0

Well, bubble is a good thing for trader. Easy cycle of money which can benefit them greatly. But it is also a disadvantage for holder which wait for the price to increase in a long run.

bellakrstna

newbie

Activity: 154

Merit: 0

bubble is not a good thing. the later peoples who join bitcoin will be on disadvantage because it will burst.
bitcoin is not a bubble. peoples who new to join bitcoin will be gain earnings later.

Virtual miner

sr. member

Activity: 728

Merit: 275

Quote from: J Sykes on April 26, 2018, 05:01:08 AM

So we hear bitcoin is a bubble over and over. I was reading a book regarding bubbles and his take on them were fascinating. His argument was that the biggest leaps in innovation come through the speculation, exuberance and floods of money that bubbles produce.

Once popped we are left with cheap infrastructure that can be snapped at a huge discount with companies with the same goal. Because the costs are so much cheaper it makes it was easier to operate long term.

We are also left with what he calls infrastructure of the mind. With all the hype and competition we see during bubbles the levels of marketing and advertising we see leave an imprint in the average consumers mind and this mental infrastructure doesn't disappear when the bubble bursts and once the pieces are picked up this is when you see the true valuable businesses appear out of the ashes!

Does this argument have any value in your opinion?

It is a very different point of view on bubbles and quite interesting though!

But I still don't find bubbles this fascinating! Tongue

The point of mental infrastructure is quite good. This is so true in fact and I have experienced it too, that is why I can relate to it pretty well!

sergio-faucetbitcoin

full member

Activity: 346

Merit: 100

I think it can have good and bad sides. Bubbles are attracts lots of new users and investors, and that's maybe the only times the mainstream medias talk about Bitcoin. But bubbles like that can also scare serious investors.

Radio-Active

member

Activity: 523

Merit: 10

YOUC - https://www.youengine.io/

it is a good thing if you can used it to get more of your profits. if bitcoin is bubbling, just buy more coins and sell it if it want to explode.
but i think bitcoin is not a bubble anyway.

oceantiger

jr. member

Activity: 308

Merit: 8

Whenever bubbles occur it normally create new business and people will make money from it while others will lose money also. Speculations which is what we have in cryptocurrency trading will always create bubbles because of its nature. So bubble is not good or bad since people make money and others lose from it.

-Sinner-

jr. member

Activity: 224

Merit: 9

Bubbles, when explodes, usually changes everything.. Look at dotcom bubble.. By the way i would not consider bitcoin a bubble.. It is so small compared to other bubbles!

Dark_raven007

newbie

Activity: 224

Merit: 0

I would not say that bubbles are good. You can earn on them, but lose everything. This is a test of luck.

Topic: Bubbles a good thing? - page 2. (Read 459 times)