"Bitcoin is not a bubble, if there will be a bubble it will be called ""Cryptocurrency bubble"", not
""Bitcoin bubble"". If a cryptocurrency bubble happens and collapsed Bitcoin will be the leading
candidate of the many cryptos out to survive a collapse.
"
Topic: Is Bitcoin a bubble? - page 2. (Read 1723 times)
"A ""bubble"" can only be determined if something has reached fair market value and there is
average price indicator to measure against. Because the demand for Bitcoin will increase in
the future then the bubble Bitcoin is in is in fact an inverse bubble.
"
average price indicator to measure against. Because the demand for Bitcoin will increase in
the future then the bubble Bitcoin is in is in fact an inverse bubble.
"
"Of course, bitcoin may be in a bit of a bubble, and it will go through corrections every now and
then. But anyone who simply ignores bitcoin or any crypto simply because they believe it's in
a bubble should take a longer, harder, and closer look."
then. But anyone who simply ignores bitcoin or any crypto simply because they believe it's in
a bubble should take a longer, harder, and closer look."
if it had been a bubble it would have bursted a long time back.its survival inspite of the fluctuation shows it not being a bubble.it is just settling in the economy with a lot ofstruggle
Some people might think that the cryptocurrency bubble has already burst. Bitcoin has lost 70% of its value, other cryptocurrencies have lost 90-95% of their value. Bitcoin is definitely surviving, but it is a pale shadow of its 2017 value, in terms of price.
Does everything can be a bubble?
I believe bitcoin is not a bubble but so many people are talking like this. I think they have not enough knowledge about bitcoins history. In the previous year bitcoin almost reached $20k. In near future bitcoin will reach this amount.
IF IT HAD BEEN A BUBBLE IT WOULD HAVE BURSTED A LONG TIME BACK.ITS SURVIVAL INSPITE OF THE FLUCTUATION SHOWS IT NOT BEING A BUBBLE.IT IS JUST SETTLING IN THE ECONOMY WITH A LOT OFSTRUGGLE.
The reason many people think bitcoin is a bubble is because of its sudden boom. J p Morgan CCEO says it’s a bubble because bitcoin is a threat to many financial institutions. Warren buffet says it’s a bubble because he has billions of dollars lying around in a bank. There will always be bad news in the market but the truth is bitcoin is real and it is the future.
Let's take Morgan CCEO's statement for discussion. We must agree financial institutions are in danger due to bitcoin. But, financial institutions and central banks are not working for common people's welfare but sucking hard work for hundred of years. Wealthy people becomes wealthier whereas poor becomes poorer due to these our existing systems of financial institutions and central banks. Bitcoin is definitely an alternate to these systems. Then bitcoin is obvious threat to these systems.People who call bitcoin is a bubble must have not understood the real concept of bitcoin and why it is here and successful for years. Bitcoin is booming to attract people to adopt it. One day bitcoin may get stable value and people start using it as a momentary system only then these people may stop calling it bubble.
No, this is absolutely wrong to call bitcoin a bubble. Price of the BTC inflates but that doesn’t mean to be a bubble. So before saying it a bubble you should know and understand the crypto market and trade before you say BTC a bubble!
No, BTC is not a bubble. Many new bees think and believe that BTC is a bubble as they don’t know the history of the BTC. The price of BTC is inflated but it doesn’t mean to be a scam or anything. The price might go up or down and that doesn’t mean to be a bubble.
The reason many people think bitcoin is a bubble is because of its sudden boom. J p Morgan CCEO says it’s a bubble because bitcoin is a threat to many financial institutions. Warren buffet says it’s a bubble because he has billions of dollars lying around in a bank. There will always be bad news in the market but the truth is bitcoin is real and it is the future.
No it is not a bubble. But this coin does have some limitations when it comes to its uses. Like it cannot be used to buy certain things right from the vendors on the streets.
I believe the bitcoin is really the bubble and the bitcoin bubble is breaking, you can see that the bitcoin price has been dropping sharply over the past few years and from $ 20,000 bitcoin has dropped to $ 6,000 at the present time. The bitcoin price has dropped by more than 70% of its value. So, I think you should not continue to invest in bitcoin.
Not correct. Even if Bitcoin reached $20,000 in 2017, and dropped to $6,375.76 (at the time of writing) it can't be said that Bitcoin is in a bubble. In the year 2000, a tech bubble grew to about $1.7 trillion before it burst. Bitcoin in comparison has a total market cap of $109 billion, I think it's relatively small for Bitcoin to be in a bubble.
Bitcoin is not a bubble. The price of BTC is inflated but that doesn’t mean that it will be called as a bubble. Many new bees are thinking and believing it as a bubble because they lack of proper knowledge. So at first it should be understood very clearly about the BTC before calling it a bubble.
It is not a bubble. It is just going through a tough times in the market. It is as valuable as fiat, the only difference is that it runs on a decentralized system.
I do not agree with this statement that bitcoin is a bubble. Bitcoin is the most popular coin in the market and when people start investing, they invest in the bitcoin first. For such high demand, price rises up
People for a long time called bitcoin bubble, called even in 2013, when it cost 35 dollars. After all, this is an unexplored territory. We still do not know how to evaluate this currency and what will happen to it later.
Even today they still call it as a bubble every time when Bitcoin started to decline the market price and drop so big. They just compare it to the tulip mania because of the sudden fluctuation of the price of a single tulip before and then later on it's just gone which brings to most investors to get bankrupt when they bought the tulip for a high price.Bitcoin today is rising but it doesn't its bubble because if the price increase more than 20% then suddenly drop we can say that it is bubble.
Well maybe as you think, but in my opinion bitcoin will go in the direction of slow growth and slowly reach the big numbers, not jump like some other currencies.
People for a long time called bitcoin bubble, called even in 2013, when it cost 35 dollars. After all, this is an unexplored territory. We still do not know how to evaluate this currency and what will happen to it later.
Even today they still call it as a bubble every time when Bitcoin started to decline the market price and drop so big. They just compare it to the tulip mania because of the sudden fluctuation of the price of a single tulip before and then later on it's just gone which brings to most investors to get bankrupt when they bought the tulip for a high price.Bitcoin today is rising but it doesn't its bubble because if the price increase more than 20% then suddenly drop we can say that it is bubble.
Well maybe as you think, but in my opinion bitcoin will go in the direction of slow growth and slowly reach the big numbers, not jump like some other currencies.
Bitcoin will behave in the same way unless something new and amazing happens. It'll move in slow but steady movements, not in giant leaps like last year.
What new and amazing do you expect to happen? It's clear that the market cycles throughout Bitcoin's history of 8-9 years haven't changed at all. Based on that it's probably safe to say that we will see far lower than current levels.BAKKT was probably the best possible good news event for this market, but no one even bothered to react aside from a few people here, but they aren't the ones being able to actually move the market to reflect this development.
Nothing can change the sentiment other than the price to break out of its lower high cycle. Once the price breaks out of this long term bearish downtrend, you'll see the mainstream start becoming bullish again.
People for a long time called bitcoin bubble, called even in 2013, when it cost 35 dollars. After all, this is an unexplored territory. We still do not know how to evaluate this currency and what will happen to it later.
Even today they still call it as a bubble every time when Bitcoin started to decline the market price and drop so big. They just compare it to the tulip mania because of the sudden fluctuation of the price of a single tulip before and then later on it's just gone which brings to most investors to get bankrupt when they bought the tulip for a high price.Bitcoin today is rising but it doesn't its bubble because if the price increase more than 20% then suddenly drop we can say that it is bubble.
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