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Topic: Cryptocurrency is a bubble? - page 104. (Read 10254 times)

hero member
Activity: 1134
Merit: 517
April 08, 2018, 06:04:47 PM
#24
Public opinion towards Cryptocurrencies has always been divided. However, with the new surge in the market, opinions have become even more polarized. Sceptics hinge on Bitcoin’s first impression as being a black-market currency and call this a bubble, while proponents contend that this is a global currency that is just going mainstream and can indeed go way higher.

All those calling cryptocurrency a bubble, clearly demonstrate a lack of proper understanding of what cryptocurrencies are and how far they have already gone ahead in redefining the future of money. Presently it's no wonder or a coincidence that the number of people in that camp have been getting fewer with each passing day and even more glaring is the fact that most governments that earlier on set out to ban Bitcoin, the flagship cryptocurrency, have had to have a rethink, because it became obvious, they were more or less fighting the wind. This is the time for cryptocurrencies, they're certainly here to stay!
jr. member
Activity: 714
Merit: 3
April 08, 2018, 06:03:23 PM
#23
Well, you may say that cryptocurrency is a bubble because it has not taken much part of world's GDP, but it contributes to it. Just because cryptocurrency has a great future ahead, i feel you can still invest into it.
This is a technology that many are gradually getting acquainted with and it is still progressive.
member
Activity: 168
Merit: 10
April 08, 2018, 05:55:21 PM
#22
Who the hell cares about it being a bubble? you know internet was a bubble and look at how big is it? doesnt make sense for me because people who thinks cryptocurrencies doesnt have future are the ones who doesn have any idea how the market works,how those charts are moving because these people are not into the technology but to the money that they can get !
newbie
Activity: 209
Merit: 0
April 08, 2018, 05:33:29 PM
#21

Investing in the crypto currency gives the opportunity to multiply their savings several times ... I will deal with this as long as there is a profit and it does not matter whether it's a bubble or the embodiment of the future) ...
legendary
Activity: 2002
Merit: 1016
April 08, 2018, 05:11:56 PM
#20
Hello Wink. I want to hear your opinion. Cryptocurrency is a bubble? How long will it last? Is it worth continuing to invest in it?
No it is not, crypto is future and prices will be going up and down since whole amount for example bitcoin will be mined cause then people will try to make it as much as it is possible to use.
full member
Activity: 532
Merit: 100
April 08, 2018, 05:10:47 PM
#19
Today cryptocurrency looks like dotcom bubble. Yes, comparing to other markets and taking into account it is kind of bubble, but I am sure it will survive and grow in the future, but may be would be less profitable for investors.

newbie
Activity: 147
Merit: 0
April 08, 2018, 05:06:48 PM
#18
Definately not only the financial asset of cryptocurrecy is not secured because it makes uncertainly stable the value as volatalitiness is always there which can be graceful to they others who are buying and selling in instant. It takes a long journey of investing.
sr. member
Activity: 549
Merit: 259
Blockchain with solar energy
April 08, 2018, 05:05:48 PM
#17
Cryptocurrencies aren't in a bubble as far as I know we are at %1 of global wealth. (and its old news, maybe we dropped even lower after crash). We need to hit like %10-30 of global wealth to call cryptos bubble.
Meanwhile there are unworthy coins getting priced bit higher. Market corrects them later.
hero member
Activity: 1176
Merit: 500
April 08, 2018, 04:56:58 PM
#16
Hello Wink. I want to hear your opinion. Cryptocurrency is a bubble? How long will it last? Is it worth continuing to invest in it?
No, cryptocurrencies are not a bubble. I think that if everything moves at the same pace as today, cryptocurrencies can strengthen their positions in the world, and in a few years they can no longer be abandoned.
member
Activity: 210
Merit: 10
April 08, 2018, 04:54:30 PM
#15
It is not fair to call all cryptocurrencies that are presented in the market a bubble. But most coins/tokens are really garbage and a bubble. Even bitcoin for 20 thousand dollars - it was a bubble for that moment. Because this price was too high for current level of its development . In general,  bitcoin is on the top  only because it is the very first cryptocurrency, but in fact many coins have long surpassed bitcoin in functionality.
member
Activity: 280
Merit: 10
better Days Ahead...
April 08, 2018, 04:44:29 PM
#14
Well it might interest you to know that the same person that called bitcoin a bubble is planning to join bitcoin trading  Grin
full member
Activity: 2352
Merit: 245
April 08, 2018, 04:42:54 PM
#13
Hello Wink. I want to hear your opinion. Cryptocurrency is a bubble? How long will it last? Is it worth continuing to invest in it?
A financial bubble is any asset that is not secured by anything, and therefore can be depreciated (burst) at any time. Since the crypto currency is usually not guaranteed, it can be called a financial bubble.

Is such a bubble quite risky for investment? I think that only then it will represent an increased risk if it rises strongly in price. While we have not worked out practice that means high or not a high price. It is clear that this limit is different in different crypto-currencies. We can say that among the crypto currency is the highest risk threshold in bitcoin.
member
Activity: 350
Merit: 11
April 07, 2018, 11:44:33 AM
#12
Yes definitely, cryptocurrency is a bubble. But I think cryptocurrency projects that are legitimate is worth the shot. But just because the market is going down, your emotions will become shocked too. Why risk if you don't have what it takes to become part of this community?
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
April 07, 2018, 11:25:36 AM
#11
Hello Wink. I want to hear your opinion. Cryptocurrency is a bubble? How long will it last? Is it worth continuing to invest in it?
Yes it is, How long? and this question doesn't make sense at all because that was belong to the speculation of crypto and this answer will depend on the personal opinion.
Yes it is consider if crypto will be back again to the roof and you will be missing a good chance to join the train.
member
Activity: 224
Merit: 10
April 07, 2018, 10:54:08 AM
#10
For now, there is a bubble, but in the long run the cryptocurrency market is still worth investing.
So we need to keep our attention to the market. Grin
newbie
Activity: 168
Merit: 0
April 07, 2018, 10:53:00 AM
#9
Hello Wink. I want to hear your opinion. Cryptocurrency is a bubble? How long will it last? Is it worth continuing to invest in it?

The internet was considered a bubble as well. Wink

I think crypto has huge implications and potential that will change the world. We just have to wait and see.
sr. member
Activity: 1274
Merit: 263
April 07, 2018, 10:51:57 AM
#8
this question had been asked multiple times before,
and how many times we need to answer it already ?
No,it is not.
if it's a bubble,
cryptocurrency should have done many years ago when the price went down from $1100 to $200.
but ? it kept moving on and creating another ATH.
which mean it was not a bubble but instead it was heavily manipulated by people but it's not bubble nothing more than that.
member
Activity: 532
Merit: 10
Bountyhive.io
April 07, 2018, 10:49:30 AM
#7
It's still good to invest in and this is a great time to also invest in it.  The crypto downtime is going to end soon
member
Activity: 238
Merit: 11
April 07, 2018, 10:46:48 AM
#6
Hello Wink. I want to hear your opinion. Cryptocurrency is a bubble? How long will it last? Is it worth continuing to invest in it?

It can be seen as bubble as of today there is not some huge value tied to it. Yes you can buy things with bitcoin, but yet many companies that allow you to do this will exchange those bitcoins for fiat and thus they won't even look around bitcoin, they will organize their prices according to fiat. Which tells me that bitocins are not worth that much if it is tied to fiat very closely which is the case. Then what is true value? Well you can think of it and look that mostly 90% of people buy it as an investment. Investment in what? They want more money out of their money fast and easy = bubble.
member
Activity: 224
Merit: 10
April 07, 2018, 10:43:57 AM
#5
Hello Wink. I want to hear your opinion. Cryptocurrency is a bubble? How long will it last? Is it worth continuing to invest in it?
What you mean - bubble?
I think prices of crypto sometimes could be lower, but people create this price and if on the market will be demand - crypto will cost something).
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