Topic: Is Bitcoin a Bubble? (Read 3150 times)
The holy land of investment is always accompanied by many bubbles. This is a common phenomenon in global finance. For example, Apple also has a lot of bubbles, and people usually buy a single investment product collectively. So the bubble is not terrible. What is really scary is the illegal users of cryptocurrencies.
I am afraid its not a bubble,because this is a currency and has been acknowledged by big countries like japan and its even used as their own currency by that i cant see any reason for thie to become a bubble.maybe this has been being manipulated but not a blubble
i read the news earlier that in Asia, more and more companies are not believing in cryptocurrency, where in essence they do not recognize crypto as a payment tool, but in fact what is not, I do not know for sure
I am afraid its not a bubble,because this is a currency and has been acknowledged by big countries like japan and its even used as their own currency by that i cant see any reason for thie to become a bubble.maybe this has been being manipulated but not a blubble
It is only those with limited or no knowledge in Bitcoin that liken Bitcoin to a bubble. This concept of bubble was framed when Bitcoin was first created and out of this, some of the early adopters sold their Bitcoin for cheap and now regret. Bitcoin is the future of payments and it is set to spearhead the entire crypto space to that era where cryptocurrency will dominate payment systems.
Wall street grows ever more certain Bitcoin is a bubble. I can't even say they're wrong. Flirting with $6000 per coin and low economic utility? For as dumb as Jamie Dimon sounds every time he says anything about Bitcoin, the tulip bubble analogy looks less and less inappropriate all the time.
Blockchain utility doesn't make crypto not a bubble. That'll be important to remember for people buying now expecting to make big gains at this cost basis, and there's real risk there.
Quote
In a note to clients published on Thursday, analysts at UBS took a long look at Bitcoin, cryptocurrencies, and the blockchain technology that underwrites this whole enterprise.
Looking only at pricing, UBS said that, “a twenty-fold increase in bitcoin prices in just two years, and an absence of any fundamental economic backing, cryptocurrency prices are almost certainly a bubble.”
Looking only at pricing, UBS said that, “a twenty-fold increase in bitcoin prices in just two years, and an absence of any fundamental economic backing, cryptocurrency prices are almost certainly a bubble.”
Blockchain utility doesn't make crypto not a bubble. That'll be important to remember for people buying now expecting to make big gains at this cost basis, and there's real risk there.
In what we saw this last December, Bitcoin went booming it went up so rapidly that everyone jumped into it and as well as other cryptocurrencies, but as its rapidly increasing movement which lasted for a whole year, it suddenly went down rapidly as well, if I could not call it a bubble then I dont know what to call what happened. For me, it looks like a bubble, but the thing is, its value didnt lose at all, and its price is actually still really high, so I cant call it a bubble totally.
I agree that the cryptocurrency idea itself is very interesting. However, judging by how quickly the price of Bitcoin is changing, of course, one cannot but agree that, in fact, this is a classic bubble, because Bitcoin has no economic rationale for the cost. With the same functionality, Bitcoin costs $ 20,000 and $ 4,000. This changes our understanding of the price of material objects in our world. Although, bitcoin is not material at all. He himself is virtual, leaving the material trail of his existence.
The current cryptocurrency is still a period of early investment. There will be a lot of bubbles now, and the application of blockchain has not been carried out in large areas, so the price drop of Bitcoin is very normal. Investors should be cautious.
After many years of existing in the digital world ,bitcoin has proven that it is not a bubble , because if is a bubble it is now no more for people will not believe it ,and it will be left behind as scam, but the truth bitcoin is a good kind of digital investment which is really not a bubble as other think of it.
absolutely right while it's still expensive the price can still be said to be a bubble, because so far what has become a bitcoin soared because the price is getting higher and very expensive
It is not true bubble use to burst forever, but price of bitcoin is not going to be low forever it cannot be high for never, it use to get high to give us a chance selling high and then have the huge profit for our holding and patience after that it use to get down and give us opportunity to buy at the low price and hold till it become so high once again, according to me bitcoin is not a bubble and it can never become.
well many people are considering bitcoin as a bubble because its price chart are can rising so damn high continuesly and that really made people thing that was hidden in bitcoin, if people are looking bitcoin in 8 years ago, when the price are so low, there is no many people are notice after all
absolutely right while it's still expensive the price can still be said to be a bubble, because so far what has become a bitcoin soared because the price is getting higher and very expensive
If it was bubble it would have being busted long back and would have existed till 10 year. This itself proves that it is not a bubble and driven by demand and speculation. Though the feature of crypto currency is that it is high volatile and that drives the price up and down. And if falling price you consider it as a bubble than yes it is a bubble.
If it was the real reason, only the US market would be affected and I don't think to put the market so lower can be the result of an entity of just 1 country. It has the potential but can't say it will make the world better. You will always have the Elit groups controlling the people under the pyramid. the crash is too big in value, and more because a lot of people was here and saw the price at 20,000 too.
And honestly, if people are worried then it's the right thing because we have enough to be worried
And honestly, if people are worried then it's the right thing because we have enough to be worried
Well for me bitcoin is not a buble. Bitcoin is like a business you can never know if you succed or not in creating business you are taking risks its like bitcoin you need to take risk but that risk may grant you more income.
It is really very strange that still, some people compare Bitcoin with a bubble. They are wrong. BTC is the most powerful cryptocurrency which is also the leader in the market.
it is very strange why there are still those who think that bitcoin is buble. even though it is very different. maybe a lot of people think like that because the price of bitcoin is very unstable, it can go up and down. maybe that's what makes them think if bitcoin is buble but it's not. we must to tell people who think like that if bitcoin is a very profitable cryptocurrency.
Well for me bitcoin is not a buble. Bitcoin is like a business you can never know if you succed or not in creating business you are taking risks its like bitcoin you need to take risk but that risk may grant you more income.
It is really very strange that still, some people compare Bitcoin with a bubble. They are wrong. BTC is the most powerful cryptocurrency which is also the leader in the market.
it is very strange why there are still those who think that bitcoin is buble. even though it is very different. maybe a lot of people think like that because the price of bitcoin is very unstable, it can go up and down. maybe that's what makes them think if bitcoin is buble but it's not. we must to tell people who think like that if bitcoin is a very profitable cryptocurrency.
absolutely right while it's still expensive the price can still be said to be a bubble, because so far what has become a bitcoin soared because the price is getting higher and very expensive
Bitcoin is considered a bubble because of its price, which sometimes grows, but usually falls and sags in tenfold or even more, so many people believe that bitcoin does not depend from anyone and therefore can burst, but many countries have already begun to legalize bitcoin and gradually these countries are more and more and it makes it known that bitcoin cannot be a bubble if many countries already cooperate with it and apply its technologies, so only those who have suffered from bitcoin or do not believe in its capabilities think so.
don't quite understand how bitcoin can be a bubble if it is actively used for transactions and has a different value?
I always believe that bitcoin is not a bubble. News of the bubble reached its peak when bitcoin prices reached almost 20,000 USD in December 2017, because they thought the price of bitcoin "pumped" as big as possible then broke into worthless. Apparently this assumption is not proven. Because bitcoin prices have plummeted to this day around 5,586 USD. 
Bitcoin can never be a bubble. Till now bitcoin has become the best investment asset. It has helped many people in many different ways. In this era of big competition bitcoin has the potential of making the money double and providing number of profits. No doubt bitcoin flickers alot but still it can never be a bubble. It has the ability to end the economy crisis all over the world.
Bitcoin will never be a bubble. Tulips weren't a bubble. Their value was in a bubble. Bitcoins value tends to bubble up and simmer down, but that doesn't make the whole thing a bubble. Bitcoin is infinite and will rise like a stair way to heaven even gov't cant stop it. the only way to stop it is to find out who is the creator and yet.
Due to huge dump in the price many people say that bitcoin is a bubble and investing in it is just a waste of time and money. There is no future for bitcoin and soon it will disappear from the market. But I am very optimistic about the future of bitcoin and I am sure it will take over the market in the future. Other currencies will disappear from the market. 
Not at all bitcoin is not a bubble it is a real currency and if we know that bitcoin is profitable for many of the people and it is influencing the people power and in these days bitcoin and crypto is the people investments and people are used to it so if some one says that it is a bubble they have no support for their argument.
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