Topic: Cryptocurrency is a bubble? - page 97. (Read 10296 times)

Where do you see the bubble? The wole market has a significantly lower market cap than facebook alone. Bubble territory might start around 3 trillion looking at internet bubble. Could be a lot higher with all that additional fiat in circulation. The market is still in its infancy. Maybe there will be a cleansing of the market. There is a lot of coins with pure currency functionality or a lot of competition in the space of privacy coins.

Crypto currencies are a bubble at this stage. However, when they find a real use, then the price is adjusted and ceases to unfoundedly grow.

That is very funny,considering the fact that J B Morgan said that about bitcoin a few months back and ended up investing in bitcoins.Bitcoin is an amazing technology with real life solution to real world problem.So in brief,BITCOIN IS NOT A BUBBLE.

I've heard about this a lot of times, but I'm constantly convinced that all these conversations are nothing more than a reduction in the price of crypto-currency assets, I'm sure that they say this only in this case, because many people who understand that crypto-currencies will be in our future, already have long begun to invest in crypto-currencies, so today they are whales, on which the price of crypto-currency

Maybe it was, maybe it wasnt. Anyways - once the weak hands are gonna now we are gonna focus on the technology itself.

Dollar bubble? YES! Gold and the stock market too! Therefore, bitcoin is a bubble. All this is based on people's faith. But bitcoin is the future, but the dollar is the past!

It's true that many economists call Bitcoin and other cryptocurrency bubbles. They argue that Bitcoin is not provided with anything and its real price is difficult to determine. But it is worth noting that economists studied under a certain curriculum and they were taught on examples of an operating economic system in which there is still no such thing as a cryptocurrency and it is difficult for them to understand the principles by which cryptocurrencies work and why they are created. In fact, Bitcoin's price is provided by its community, all those who use it as a payment or investment tool, miners and their equipment, and of course the most important is that Bitcoin carries a revolutionary blockchain technology, which in itself excludes the fact that Bitcoin is a bubble. Let's take an example of postage stamps that some people collect and give a lot of money for some copies. Postage stamps is a bubble? What gives them value? The answer is a community of those who believe in postage stamps and that they have value. That is, demand gives value. The same applies to works of art, if rare paintings, books, furniture will cease to be someone they need, they will instantly lose their value and will cost as firewood. The rapid growth in the price of Bitcoin was also triggered by the fact that it was bought by those who have no idea what Bitcoin is but just wanted to make money using the moment, but thanks to the Bitcoin community its value will never fall to zero, that Bitcoin is not a bubble.

Yes it is a bubble that wont break like what internet is,people from the past thought the same with the internet look at the technology that we have right now? new technologies are normally tagged as  bubble when most of the people are eager to invest especially billions of dollars in the market already ,next few years when everything is stable cryptocurrencies will be massive!

Cryptocurrency is definitely not a bubble, and it has never been and will not be, there are technologies that society needs, this is the future.

I think many coin are bubble but bitcoin is not a bubble. bitcoin is the money of future. this tecnonology is a very big tecnology.

Yes it is,but who does care about it being a bubble? internet was abubble ,car and house insurance was a bubble and look how big these platform right now? it doesnt matter if it is a bubble or not as long as people are interested to invest and theres s till money flowing to these platforms that wouldnt matter to most of the people.

Who  knows:)

If you are a good investor you will not wait to see how and when bitcoin will end before you invest. Just grab the opportunity and make money while it last. Bitcoin is not just a bubble but it is technological revolution that will not end soon.

It's not a bubble. We know that many industries and block chain technologies have been combined now, and there are many places that can be paid by digital currency. Maybe there are many FUD in the market, there is a bubble, but this is normal for the developing encrypted world. Every new investment happens just now.

Right bro! Well, I guess it is one question we will just have to keep answering. It is simply because so many people may not actually understand bubble. Bubble is something that increases hugely in price without something driving the demand or does not really hold any intrinsic value and makes the value unsustainable.

Sure, we may want to attribute the activities of last year as a bubble, no one is wrong with that, but cryptocurrency itself even though may look bubbl-ish now, most of them do have value, and we will get to see all of this in the future. For those with no value and they are pretty much of shit coins, then we can call them whatever we want, but calling the whole cryptocurrency ecosystem a bubble is not right.

Exactly, if we are trying to look at the main picture of all that has happened recently, I am sure a lot of people could call the price movement a bubble since that is how a bubble plays out anyway, but if we are really to look at the future of what we are holding, it is not in itself a bubble (with the mind that you are not holding a shitcoin). We had a huge FOMO rise last year which is normal and the value could not be sustained as a result of that, but that does not make bitcoin or similar coins with prospect itself a bubble.

I believed in it a year ago when I had scarce information about crypto currency and it’s working mechanism. During the last two-three month there is a lot of investments in crypto, but the price of all of it as you see fall. It is not a characteristic of “bubble”.

I don't think that cryptocurrency is a 100% bubble. Crypto is just a part of new-age technology which is in initial period of its development. Tokens are like shares on the stock exchange, it's nothing special. If the project is real and is constantly developing - the token prices grow. Like shares of famous brands.
But of course there are fraudulent projects which develop tokens without real product, create a stir, collect money and finally disappear.

Bubbles aren't evil. Situations that end up creating bubbles are mostly explosive market growth (Incoming money is too much than usual) So it creates very volatile yet profitable market and wise men win.

Well I have no doubt that the price of most cryptos got way ahead of their actual effect on society. And although many of these altcoins have incredible possibilities, you have to accept that most of them will fail. Too many investors were going all in at exactly the wrong time on too few coin and tokens. I think this is the first time we have had a "new asset class" join the global finance market. It will take a very long time before people can properly analyze and determine what prices "should" be.