Topic: Is Bitcoin a Bubble? - page 9. (Read 2485 times)
Why in our society is it acceptable to believe what is said in newspapers, TV, magazines? How can people who do not understand new technologies have something to say with confidence? They need to learn again to make some statements in the field of crypto.
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.
First of all it is not a bubble. Some people believe that bitcoin is a bubble and it will blast any time. This concept is believed by those who don't have elaborate knowledge in it.
for me its no , just take a look at the past . they said bitcoin is a bubble but what happen know bitcoin is grow up and up . i don't know why they think bitcoin is a bubble until now .
yes it is because the demand and supply will depend on it and the idea of bubble is also we thing by watching the market position because when market will goes up it will effected to the whole economy and when the holders in big amount of bitcoin will sell then it cause to decrease the price,
this literature will be damaged if bitcoin continues to develop the systems and problems they have about the blocksize system and transaction speed. bitcoin also has strong support from all altcoin as the main conversion goal. positive sentiments continue to grow and skepticism over the bubbles is based only on systems that no one can intervene, we can compare who will survive, whether that is capitalization, or decentralization in the next decade. This is a jurisdiction about which economic system is more fair.
Bitcoin isn't going anywhere neither is it a bubble that's meant to burst. Bitcoin will get stabilised in the nearest future and all FUDs been spread around now will be no more. The technology is there to support it and already gaining more attention now.
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 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
yes it is because the demand and supply will depend on it and the idea of bubble is also we thing by watching the market position because when market will goes up it will effected to the whole economy and when the holders in big amount of bitcoin will sell then it cause to decrease the price,
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 its true because if the bitcoin in big amount is hold and the little amount in the market will trade than bitcoin price will increasing because of little quantity and huge demand
Bubble or not, it depends on the perspective of each. For me, all kinds of investments have the opportunity to bubble, the difference is its speed. Bitcoin, the movement of the price is quite fast, so the issue of bubble increasingly widespread. No need to be afraid of it, the bitcoin price by the end of 2017 is very high, and now has decreased, you could say that bubble has burst. But look, the price is slowly improving, not causing bitcoin to die.
You may think bitcoin is a bubble because its value can rising at insane amount and speed.
but bubble cannot rise back once they burst. Bitcoin is able. Just look at the history of bitcoin price.
but bubble cannot rise back once they burst. Bitcoin is able. Just look at the history of bitcoin price.
What the media label "bubble" could also be called a "price discovery ". What is happening now has never happened before. Although bitcoin mimics the stock market very closely, it isn't actually the same thing. And as bitcoin hasn't gone through an entire market cycle as yet, who knows what the real price may be?
It could be worth $100 or $7 million. Nobody knows for sure and we won't know for a few years. It will continue to crash and recover stronger because the market cap is still very puny by comparison with the share market. There is tons of room to grow, so hold on to your hat...
It could be worth $100 or $7 million. Nobody knows for sure and we won't know for a few years. It will continue to crash and recover stronger because the market cap is still very puny by comparison with the share market. There is tons of room to grow, so hold on to your hat...
Bitcoin and the rest of the Market seem to be bouncing back nicely.
Does everyone think it is likely to go way up past the rate it will eventually settle at or is it more likely to rise and fall and the reach it's eventual rate before stabilising.
Not sure if that makes sense but just wondering what the general opinion is on how it will reach its eventual rate.
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Pump will not take bitcoin to 20,000$. It is a slow and steady process and it may take 4 to 5 months until we see 20,000$ again. During this time we may see increase in prices followed by decrease in prices. The prices can not always move in upward direction constantly.
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I agree with this and think this will be the most likely outcome. Do you think it will go past and back or just upto evtual stable value. (Obviously I am just speculating that it will eventually find a stable value like all commodities.
Does everyone think it is likely to go way up past the rate it will eventually settle at
or is it more likely to rise and fall and the reach it's eventual rate before stabilising. Not sure if that makes sense but just wondering what the general opinion is on how it will reach its eventual rate.
[/quote]
Pump will not take bitcoin to 20,000$. It is a slow and steady process and it may take 4 to 5 months until we see 20,000$ again. During this time we may see increase in prices followed by decrease in prices. The prices can not always move in upward direction constantly.
[/quote]
I agree with this and think this will be the most likely outcome. Do you think it will go past and back or just upto evtual stable value. (Obviously I am just speculating that it will eventually find a stable value like all commodities.
I think it's pretty obvious bitcoin is not like bitcoin bubble is a digital currency that has price movements up and down but if you say bitcoin is a bubble it's wrong because if bubbles then bitcoin will not be able to do price recovery while bitcoin can still do price recovery which means bitcoin is not a bubble.
The value of bitcoin has risen dramatically and then suddenly dropped. bitcoin has grown slowly for a long time. I've heard many people say that bitcoin is a bubble but I do not think so. Bitcoins are showing signs of recovery. The value of bitcoin will explode and bitcoin will be the currency of the world.
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 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 $1 million in the future.
What I am asking is what are the big Bitcoin holders thoughts on this are they bailing or are they holding for the long hall, if they are holding can 'The Bitcoin Bubble' really still burst?
I have most of my eggs riding in this crazy but attractive world and would really appreciate inside feedback.
Thanks for reading
Pump will not take bitcoin to 20,000$. It is a slow and steady process and it may take 4 to 5 months until we see 20,000$ again. During this time we may see increase in prices followed by decrease in prices. The prices can not always move in upward direction constantly.
I agree that this is a "bubble", but when it bursts or it bursts, it is unknown to anyone. I personally think that the future is bitcoin.
Economists have long said that volatility of cryptocurrencies checks all the boxes of a market bubble, but in recent weeks, there’s been debate about when that bubble could burst.
No one knows what its real value is
According to experts, the real value of Bitcoin is difficult to determine because of two reasons: The currency is incredibly volatile, and trading practices may manipulate behaviour in unregulated exchanges.
Joshua Gans, the Jeffrey S. Skoll Chair of Technical Innovation and Entrepreneurship at the University of Toronto, argues that the Bitcoin bubble isn’t going to burst — because it already has.
“It’s down 60 per cent from December. This is already a burst bubble. And it could burst some more, all the way down to zero,” he said.
No one knows what its real value is
According to experts, the real value of Bitcoin is difficult to determine because of two reasons: The currency is incredibly volatile, and trading practices may manipulate behaviour in unregulated exchanges.
Joshua Gans, the Jeffrey S. Skoll Chair of Technical Innovation and Entrepreneurship at the University of Toronto, argues that the Bitcoin bubble isn’t going to burst — because it already has.
“It’s down 60 per cent from December. This is already a burst bubble. And it could burst some more, all the way down to zero,” he said.
Unfortunately, We still do not know until when Bitcoin will increase its price and the reason why it is becoming a basis for other cryptocurrency for their value. Bitcoin is recovering from the dump that it has experienced because a lot of investors are investing again for the long term.
My voice is that we are in a recovery phase. Nevertheless, there is a small chance that we have not yet seen the bottom, so if the price drops significantly more, you can say that it is still a bubble. I hope that bitcoin has reached the bottom and is gradually growing, so that at some point in the near future there will be a big breakthrough in the positive direction and we will be able to observe new horizons of the price that will not leave us indifferent and many will make so much money.
I do not think that bitcoin is a bubble, because bubbles will explode at any time, and die in quick time.
But bitcoin is not like that, as long as bitcoin still has large spreads and volumes, bitcoin will last a long time.
So, in my opinion, bitcoin is a crypto currency, and not a bubble or a ponzi.
Be patient and wait is what we should do when bitcoin prices go down.
But bitcoin is not like that, as long as bitcoin still has large spreads and volumes, bitcoin will last a long time.
So, in my opinion, bitcoin is a crypto currency, and not a bubble or a ponzi.
Be patient and wait is what we should do when bitcoin prices go down.
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