Topic: Is Bitcoin a Bubble? - page 18. (Read 3162 times)
Absolute nonsense to compare btcoin with the tulip bubble! Tulips are not and were not needed for the daily living and they are also not in competition to governmental offers. Tulips were a temporal mode for rich people to show they are rich. And now please tell us what they have to do with bitcoin which is a payment and value storage system that almost everyone needs daily?
I see bubble Bitcoin is also not entirely true. Firstly if the bubble then it will not decrease slowly as the present that will disappear immediately. And cryptocurrency market is also very potential because of the next of Bitcoin has a lot of potential as other copper: Ethereum, Dash, Litecoin, Ripple, etc. If the Bitcoin declined in value will have 1 alternative location of crypto Bitcoin at present, and I hope it is, because of the Ethereum crypto growth of it very strongly.
Yes, well of course it´s a bubble. It was the god damn only subject down on the local pub last night.. there I am, trying to enjoy a Jack Daniel´s in Lemmy Kilmisters name (as always the 24th) when people all around me are talking about the "crash" and "what did I say" yada yada bubble bubble. Soon the bubble will be so big that the only ones left outside are the skeptics.
Some Banks are saying that bitcoin will drop to 1000 dollars. Do you believe thats possible?
There are rumors that the world economy will collapse for some time,what is the position about it ,does any bank give a clear information about that,which banks are you talking about,there are people speculating about the bubble and if that bubble bursts it could come down,but i do not see that kind of burst happening. 
They compared bitcoin as a bubble because of its highly volatile characteristics which fluctuates rapidly from time to time. It has no definite amount and the characteristic of bitcoins of going up and down is a perfect concept to earn huge amount by using buy and sell method:)
Of course it's a bubble, as any economic event: one day, it will end and it will replaced: nothing on the earth is eternal.
But until the end, we'll have a lot of opportunities to gain, so it's better to profit! :-)
But until the end, we'll have a lot of opportunities to gain, so it's better to profit! :-)
I think Bitcoin is not doing so well as a mode of payment/transfer. With this, its value will soon fall to what it rightfully deserves.
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.
I see the potential of bitcoin so i think it sill never hapoen and bitcoin is not a bubbl because if you see the total of volume on the market you will see howbitcoin is strong now than before but if bitcoin is a bubble if all goverments ilegalized or banned this. 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.
Bubble this, bubble that. Whenever btc price slumps people cry bubble. When it rises tremendously, they very bubble. And when it stays static awhile, they cry lack of volatility. What is even wrong with people. His many fiats have the ability that bitcoin has to even start with? Bubble or not, I just wish I have ⅛ of the total world btc.
I think it is definitely a bubble in a sense that its price is way above its "real" economic value. The problem is it is not possible at all to predict whether it will burst at some point or not. The gold price could also be seen as a bubble for similar reasons.
I think the main point that makes Bitcoin quite riscy and unpredictable is that it is not unique in a sense that the technology which will probably change the economy is not tied to bitcoin. So it could well be that at some point another coin with better scalability, more privacy or whatever other advancement will outperform Bitcoin and then BTC could drop. But it could also stay a long-term investment and rise while the other coin is used as a means to pay for goods and services. So I guess its hard to predict.
That big banks are always very vocal against BTC as the most prominent member of a new class of currencies is also very understandable. In its ultimate consequence, the blockchain could have the power to make banks unnecessary.
I think the main point that makes Bitcoin quite riscy and unpredictable is that it is not unique in a sense that the technology which will probably change the economy is not tied to bitcoin. So it could well be that at some point another coin with better scalability, more privacy or whatever other advancement will outperform Bitcoin and then BTC could drop. But it could also stay a long-term investment and rise while the other coin is used as a means to pay for goods and services. So I guess its hard to predict.
That big banks are always very vocal against BTC as the most prominent member of a new class of currencies is also very understandable. In its ultimate consequence, the blockchain could have the power to make banks unnecessary.
I doubt that Bitcoin is in a bubble, but it's currently struggling to maintain its price levels which I think is just right given how it's also struggling to service its users by confirming transactions in a timely manner.
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This is not buble. Because bitcoin and another cryptocurrency decrease the value in partialy time.
Buble can happen when bitcoin and another altcoin decrease in one time and have same value.
Because investors selling investation in panic at one time.
This is not buble. Because bitcoin and another cryptocurrency decrease the value in partialy time.
Buble can happen when bitcoin and another altcoin decrease in one time and have same value.
Because investors selling investation in panic at one time.
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.
Now thegarden say bitcoin is a bubble but it’s technology will change the world we just need more time and all will stop saying bitcoin is bubble.
all say bitcoin is biggest thing happen’s this year
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.
Now thegarden say bitcoin is a bubble but it’s technology will change the world we just need more time and all will stop saying bitcoin is bubble.
all say bitcoin is biggest thing happen’s this year
Many are saying that indeed bitcoin is just a bubble. Ofcourse those who don't believe in bitcoin will say that. However, whether it's a bubble or not, it is up to the person like you and me if we will believe in it and continuously invest. We all since then that investment requires risk as well. This can be a humor only unless bitcoin will continuously prove itself that it is not.
The reality is important not that people saying non sense towards bitcoins. For many years that bitcoin proves that it is not a bubble, but due to some false accusations and black propaganda towards crypto it may affect the image and price of bitcoin. I know bitcoin have already strong foundation and it can really survive from crisis. 
It depends on how you look at it. For some, this is a bubble for other investment opportunity. With such large increases can be expected that the price can also quickly fall.
Some Banks are saying that bitcoin will drop to 1000 dollars. Do you believe thats possible?
Yes, bitcoin is a bubble. Some bubble people are looking for needles to blow this bubble. But I think they will never find it. And this bubble will also contain them.
No. Bitcoin is a cryptocurrency not a bubble as other people said 
). If anyone tell you that Bitcoin is just a bubble I think you shouldn't believe cause maybe they just want to make you afraid about it and you'll sell your Bitcoin asap with lower price than the present price and they'll have chance to buy Bitcoin from you with lower price ). Take a look back at the announcement of Jamie Dimon, CEO of JPMorgan Chase, you'll see it's the truth ).
It can be called a bubble but returning bubble. And never popping up bubble. See this bubble is getting bigger and bigger and to when it will explode it will make first a lot to be multi millionaires. I guess we should thank that bitcoin is a bubble and along this bubble other altcoins also are doing well. Long live to crypto! ). If anyone tell you that Bitcoin is just a bubble I think you shouldn't believe cause maybe they just want to make you afraid about it and you'll sell your Bitcoin asap with lower price than the present price and they'll have chance to buy Bitcoin from you with lower price ). Take a look back at the announcement of Jamie Dimon, CEO of JPMorgan Chase, you'll see it's the truth ).
Everytime bitcoin hits a record, many will says it's a bubble.
Yes, it can be a bubble but look at it now, bitcoin has a promising to be a good commodity in the following years and it will still the top cryptocurrency.
Yes, it can be a bubble but look at it now, bitcoin has a promising to be a good commodity in the following years and it will still the top cryptocurrency.
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