nothing lasts forever...everything ever ends or dies...but bitcoin is a stable system that will exist dozens...maybe hundreds of years
Topic: Is Bitcoin a Bubble? - page 20. (Read 3126 times)
Bitcoin is a bubble or not depend on your view on it. Someguys are serious looking it at a real business and spend most the time to work on it But some guys don't , they just can't see how much potiental on this currency.
Bitcoin is not a balloon, it does not care about me, but when is the issue that I'm interested in providing? so I am very curious about the peak of Bitcoin price, according to my estimates, we will soon find out.
That is what the losers keep saying until now but it has made so many people millionaires and billionaires...
If people wait for the right time invest then they will miss this bitcoin up tread and they think that Bitcoins are now in bubble and wait for it to correct.
To say bitcoin is a bubble is a very bad statement due to the fact that the bitcoin technology is in digital form that is to say it exist in codes so it makes it possible for bitcoin to accommodate any amount in it price in the market and will not burst as bubble Doe's, even if bitcoin rise to as high as one million dollars it will not burst because it has the capacity to do so.
Bitcoin is a defoliating currency which price is determined by it market demands.
Bitcoin is a defoliating currency which price is determined by it market demands.
from the beginning of 2017 bitcoin has become the first interest of investor for the short term and long term gains my be people from wall street dont like it that bitcoin is stealing their investors
I don't think that bitcoin is a bubble as we can see a stable increase of bitcoin through the years even though the trend of bitcoin fluctuates. We could also see that it always beats its capped record everytime it goes down. So I think that bitcoin is not a bubble like what they're saying
That is what the losers keep saying until now but it has made so many people millionaires and billionaires...
The more the price of bitcoin goes higher, and make many people millionaires the less people will think its a bubble. And over and over again we see bitcoin prices plummets to a low heights and we think that the bubble has burst, only to recover the lost ground and rise to new heights.
And now we are even seeing it going to $9000 or even $10000 this year, critic will call this another bubble, another fraud and based on speculation, but each time they attack bitcoin regaining its previous AtH and then pushing for more. if bitcoin is such a bubble then we will not see any recovery. I can't count how much "crash" we have in 2017 though, but we are still good up to now and we are still be doing very well in the next couple of years.
My guess in this why they're declaring/stating bitcoin as a bubble is so that all potential investor who is planning to invest in bitcoin will have second thoughts about investing in it. as we all know that the value of bitcoin is increasing continuously and as more people tend to become hooked on investing here it'll possibly damage the economic trend of gold.
Bitcoin is not a bubble unless you also consider the case for US dollar as a bubble within world reserve currency deposits relative to trade done. No one mentions this growth in political currency vs actual trade done but it has altered economics world over, hence no price can be considered as a bubble without reference to the worlds largest currency and excess liquidity.
How can USD be a bubble if the value is stable or slightly devalued over time and not rapidly increasing? It's quite easy to say Bitcoin is a bubble without necessitating the USD also being a bubble. Relative to the USD, Bitcoin's price has rapidly appreciated. The USD value has not rapidly appreciated to any stable benchmark. I don't see the link you cite between USD and trade. What does that mean exactly?
Bitcoin is not a bubble unless you also consider the case for US dollar as a bubble within world reserve currency deposits relative to trade done. No one mentions this growth in political currency vs actual trade done but it has altered economics world over, hence no price can be considered as a bubble without reference to the worlds largest currency and excess liquidity.
The average user of bitcoin is not holding or even trading 1 bitcoin, I believe the majority are using smaller amounts on a regular basis to do simple business and money transfer. Regular use is what matters most as an indicator to its continued growth. The answer for a question of balance can only be given as a ratio so growth in market capitalisation or price of Bitcoin must be relative to its userbase growth and utility across the world.
Since 2014 I have observed a great deal of change which justifies the price growth of the last year, to what extent it continues to be justified is harder to say. The most important thing is that regular levelling and resets in price occur, so far in 2017 this has happened and with further growth afterwards. No bubble likes to be jostled about, it prefers to go straight up and follow the wind in a fragile way before popping, this is the correct analogy I think. Bitcoin has been knocked down quite considerably in 2017 and does not in this simple comparison appear as just a simple bubble. I think all reference should be to ratio of growth across the world and how BTC is part of that or not, if the userbase slows you have a sign
The average user of bitcoin is not holding or even trading 1 bitcoin, I believe the majority are using smaller amounts on a regular basis to do simple business and money transfer. Regular use is what matters most as an indicator to its continued growth. The answer for a question of balance can only be given as a ratio so growth in market capitalisation or price of Bitcoin must be relative to its userbase growth and utility across the world.
Since 2014 I have observed a great deal of change which justifies the price growth of the last year, to what extent it continues to be justified is harder to say. The most important thing is that regular levelling and resets in price occur, so far in 2017 this has happened and with further growth afterwards. No bubble likes to be jostled about, it prefers to go straight up and follow the wind in a fragile way before popping, this is the correct analogy I think. Bitcoin has been knocked down quite considerably in 2017 and does not in this simple comparison appear as just a simple bubble. I think all reference should be to ratio of growth across the world and how BTC is part of that or not, if the userbase slows you have a sign
All the value it has aquired is merrly due to te increasing traffic over the internet for bitcoins. More and morr people are trading/using/investing in bitcoins and thus the more market share and trust the more the value. Bubble theory may be right but then same should be applied to other growing commodities and even equities. For example gold and other valuable stones dont drop their value, or have not done so for a very very long time, though their growth is very slwo compared to bitcoins but is it true that they are also creating a bubble that will pop in the future?
All this bubble talk arises only because of the steep graph bitcoin manifests upon itself, which may be for various other reasons but we tend to attribute it negatively.
All this bubble talk arises only because of the steep graph bitcoin manifests upon itself, which may be for various other reasons but we tend to attribute it negatively.
That is what the losers keep saying until now but it has made so many people millionaires and billionaires...
I think one should say nothing about something if he hasn't used it or experienced it in his life. Giving opinion about an unknown thing is very wrong I think because it discourages people and the that thing and for no reason. In case of bitcoin it is a well developed currency and its development is not stopped yet, it is developing day by day and daily it is introduced to new people, thus it has a very vast usage.
That is what the losers keep saying until now but it has made so many people millionaires and billionaires...
The thing that could justify its quickly growing value would be its potential for mass adoption.
What if it can't become The One Coin to rule them all and in darkness bind them?
Even if we were to discount the current shortcomings preventing it from scaling, the problem is that it lacks uniqueness. What this means is that there could be btc-2, btc-3, and others, that are none too different from the original. No real scarcity.
The original cryptocurrency is in the hands of very few, there's little reason for the vast majority, who are still not in it, to adopt it, when it means gifting the world to these few. For these ones the alternatives should be more appealing.
What if it can't become The One Coin to rule them all and in darkness bind them?
Even if we were to discount the current shortcomings preventing it from scaling, the problem is that it lacks uniqueness. What this means is that there could be btc-2, btc-3, and others, that are none too different from the original. No real scarcity.
The original cryptocurrency is in the hands of very few, there's little reason for the vast majority, who are still not in it, to adopt it, when it means gifting the world to these few. For these ones the alternatives should be more appealing.
And in fact you're already seeing this. We have a seeming unlimited amount of altcoins that serve zero market purpose, for starters, and now it appears we're entering the era of deliberate BTC derivative garbage coins. First there was Bitcoin Cash, and now there is Bitcoin Gold coming in the next 24 hours that is a blatant scam coin (the developers are pre-mining before they release the code publicly). Even if such a garbage coin doesn't gain traction, the ease with which garbage coins can be spun out and retain the name damage Bitcoin's reputation.
Bitcoin is in bubble. We just dont know what the correction will be.
$10,000 , $25,000 or $50,000.
Bitcoin is the new gateway for money to be safe. The more people trust it ans save their money in it, it will just grow.
The moment we will loose faith in it and believe that is not safe and start to cash out then it will collapse.
$10,000 , $25,000 or $50,000.
Bitcoin is the new gateway for money to be safe. The more people trust it ans save their money in it, it will just grow.
The moment we will loose faith in it and believe that is not safe and start to cash out then it will collapse.
Yes agree, the thing that makes it so is decentralization, if we have a lot of bitcoin then we can make bitcoin bubble, but the fact that the market cap has reached more than $ 120 billion and I'm sure it will be difficult for anyone to make bitcoin bubble.
Bitcoin is in bubble. We just dont know what the correction will be.
$10,000 , $25,000 or $50,000.
Bitcoin is the new gateway for money to be safe. The more people trust it ans save their money in it, it will just grow.
The moment we will loose faith in it and believe that is not safe and start to cash out then it will collapse.
$10,000 , $25,000 or $50,000.
Bitcoin is the new gateway for money to be safe. The more people trust it ans save their money in it, it will just grow.
The moment we will loose faith in it and believe that is not safe and start to cash out then it will collapse.
it is a bubble. Not at all, but partially - yes.
Many people buy bitcoin not as it was designed - as a payment instrument, but as some magical thing which price is constantly growing. After Bitcoin will reach some big price it will stop growing and will became just a good instrument of payment. At that moment we will see how big was a bubble part in it.
Many people buy bitcoin not as it was designed - as a payment instrument, but as some magical thing which price is constantly growing. After Bitcoin will reach some big price it will stop growing and will became just a good instrument of payment. At that moment we will see how big was a bubble part in it.
The price is starting to get down again so this is the bubble? No bitcoin isn't a bubble, many times bitcoin has been told that it is a bubble. We know that it's market is unstable and decentralize so it can get up and low any moment from now. And what now if the people are hoping to get some big gains through bitcoin as it is really possible to make some decent gains here because we experienced it's for real.
Hey
Well bubble here means something that is fragile and is initially big and suddenly it shaters all hopes by just disappearing into nothing...
I think It definitely is !!! Because right now people are investing and thinking nof encashing them out suddenly qhen the proce hits its Maximum value and they get their free bitcoin gold.
Events like this have also happened in the past this it won't be anything new if it continued to rise and decides to fall down suddenly, but if people held on to their btcs then after the hard fork it will be so much easier for everyone to be able to gain profit by timely investment but I don't think many people are going to hold bitcoins after that.
In bitcoin it is not called a bubble because it is called a volatility and that is what you need to do some research before comparing bitcoin like a bubble because the volatility of bitcoin is up to the people's emotion and that is not a kind or considerable as a bubble because bubble pops out even there is no cause or reason while bitcoin only reacts to the emotion of the people so that is a complete different thing between bitcoin having volatility and bitcoin being a bubble.Well bubble here means something that is fragile and is initially big and suddenly it shaters all hopes by just disappearing into nothing...
I think It definitely is !!! Because right now people are investing and thinking nof encashing them out suddenly qhen the proce hits its Maximum value and they get their free bitcoin gold.
Events like this have also happened in the past this it won't be anything new if it continued to rise and decides to fall down suddenly, but if people held on to their btcs then after the hard fork it will be so much easier for everyone to be able to gain profit by timely investment but I don't think many people are going to hold bitcoins after that.
Literally that is the definition of what bubble is, and it seems that so many people doesn't understand the application of that term in bitcoin. Why would they say such "bitcoin is a bubble", why would they keep saying that? I've been hearing that term since before i started, always saying bitcoin will disappear immediately after that huge pump, but guess what? it was still at his spot.
Jump to: