Topic: Is Bitcoin a Bubble? - page 4. (Read 2467 times)
Bitcoin's behavior is suspiciously familiar. The fact is that we may be in a bubble but do not realize its scary, just like the bubbles of the past 150 years.
The bitcoin price increase chart over the past year has seen a steady but volatile growth. The glamor of bitcoin makes many wonder whether to join this game immediately before it becomes too late or too expensive. Bitcoin is a bursting balloon
of course bitcoin is not a bubble, the bubble is the news background around it, so everything happens because news good or bad, for lot of people it a indicator
Bitcoin is a bursting balloon. There are many signs of bitcoin similarities to the financial bubbles that have occurred in history. For those who have a good memory and economic understanding, bitcoin reminds them both of excitement and apprehension. It possesses enough signs of an economic bubble - bitcoin bubble.
I’m not sure how you could even argue that Bitcoin isn’t exactly like the internet bubble. The internet bubble did burst, causing a lot of worthless stocks to lose practically all value. And even though all internet stocks did lose value in the short term, the top companies killed it in the long run. Look at Amazon and Google now! Both of them were hurt bad by the bubble in the short term, but have killed it since then. Internet companies that made it through that time period are enormous profit machines now.
The situation in cryptocurrency isn’t really any different at all. If you think there isn’t going to be a similar bubble bursting, look at what has happened in the last month... A lot of these overvalued shitcoins are eventually going to fail. But there will be some big winners too. Bitcoin is likely going to be a winner in the long term, so even though it will be cut in price big time by these kinds of major corrections, in the long term it should kill it just like Amazon and Google have.
The situation in cryptocurrency isn’t really any different at all. If you think there isn’t going to be a similar bubble bursting, look at what has happened in the last month... A lot of these overvalued shitcoins are eventually going to fail. But there will be some big winners too. Bitcoin is likely going to be a winner in the long term, so even though it will be cut in price big time by these kinds of major corrections, in the long term it should kill it just like Amazon and Google have.
Though i don't believe that Bitcoin is indeed a bubble, I have rather seen some trends in it, And that is people invest heavily into bitcoins and then hold for a time and when the value reaches a new high, most tend to sell their bitcoins all at once which brings the value down and the whole thing starts again.
One good thing about Bitcoin is if we assume it is a bubble - bubbles are constantly forming and popping, it makes it hard to form a “super bubble”. If Bitcoin crashes 50 percent every two or three months, it clears out a lot of the leverage that causes huge problems if you let it go too long.
undoubtedly, bitcoin attracts many investors who want to get a good profit. and we are no exception.
Whales manipulate the price of bitcoin by inflating and deflate it. so in this sense bitcoin can be called a bubble. I do not believe that this bubble will burst.
Whales manipulate the price of bitcoin by inflating and deflate it. so in this sense bitcoin can be called a bubble. I do not believe that this bubble will burst.
Bitcoin is not a bubble. It is the future asset. And i think no matter how many bad reports that media shows it will continue to rise.
I believe that the anonymity of bitcoin in practice is its weakness. States want to control financial flows, which is necessary to combat economic crime, tax evasion and terrorism, and they will not voluntarily give up these opportunities. Some countries have already adopted or are taking measures aimed at regulating the circulation of the crypto currency, which is most likely to cause a fall or even a collapse in the cost of bitcoin, although the exact moment of this collapse can not be predicted.
National currencies are a legal tender, through which they pay taxes or repay debts. No state allows and will hardly ever allow paying taxes in bitcoins, as this will undermine the so-called seigniorage - the income from the issue - and will reduce the control over monetary circulation.
I will never understand why there are a lot of people who really think that bitcoin is a bubble.. No, the price is setted up by people, there is "no manipulation" from the outside, except those who put millions into it.
I have never had any doubts about bitcoin, as I had time to carefully study it before investing I developed full confidence in it.
I think that the bitcoin is the currency of the future!
It is was bubble at 20k. It popped. Next bubble at 50-100k than at 500-1000k with big popp. And in next 50 year 1000kk (like gold on this chart )
I don't think you do. but too many people talk about it, so I think seriously about this question, whether I know it's good or bad
Yes, it is a bubble so it is a really risky investment
Crypto-currencies are in great demand in economically disadvantaged countries. In the near future, bitcoin can become a full-fledged means of payment!
Hello community,
I have heard some reports that 'someone' has put $1 million on Bitcoin being $50,000 before the end of 2018 and other conflicting reports that Bitcoin is a bubble that is going to burst. I understand this is very much a time will tell kind of question and some may argue that the press has said bitcoin is going to burst/fail since it came out but look at it now... and I understand there may be at least a chance it could be worth $1 million in the future.
What I am asking is what are the big Bitcoin holders thoughts on this are they bailing or are they holding for the long hall, if they are holding can 'The Bitcoin Bubble' really still burst?
I have most of my eggs riding in this crazy but attractive world and would really appreciate inside feedback.
Thanks for reading
I think so, he's a bubble. So many consider. But it's only unknown when this bubble will burst and how long he will live at all. I have heard some reports that 'someone' has put $1 million on Bitcoin being $50,000 before the end of 2018 and other conflicting reports that Bitcoin is a bubble that is going to burst. I understand this is very much a time will tell kind of question and some may argue that the press has said bitcoin is going to burst/fail since it came out but look at it now... and I understand there may be at least a chance it could be worth $1 million in the future.
What I am asking is what are the big Bitcoin holders thoughts on this are they bailing or are they holding for the long hall, if they are holding can 'The Bitcoin Bubble' really still burst?
I have most of my eggs riding in this crazy but attractive world and would really appreciate inside feedback.
Thanks for reading
not a bubble a rocket that will burst up high
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