Topic: Is bitcoin a bubble? - page 2. (Read 263 times)

You can not choose for people what they want to think or tag a thing. The bubble tag on bitcoin became a big deal for me in 2018 to a point I started thinking the haters could be right. I know better now and no one an deceive me anymore. This is the same way a lot of users here call every altcoin shitcoins. They tell you that only bitcoin is credible and that they will not hold any altcoins but that does not make them right? The answer is no. We have seen how greatly the alts are doing today.

What a way to think of it all 

Bitcoin like any other asset can be considered as a bubble and not. We all (or most of us) expected BTC to be around 30K by the end of 2020, the market instead outperformed our expectation and now we are thinking this is going to go down soon but today we are yet surprised by the market with BCT reaching yet another ATH. Is this a bubble, might well be but you don't know if this is one unless you're in it and experience the burst 

'Bubble' is a keyword that Bitcoin haters always mention...
what you convey is very true, everything in our life can be called a 'bubble' because it is full of uncertainty and worry. *btw, Bitcoin has already been discussed is not a bubble, those who hate Bitcoin deliberately use that word

I don't think that's it's gonna be the case when it comes to bitcoin, when the market circulates for sure there are pumps and dumps or corrections that could happen in the market.

When the price is so high and it just a big spike in just a short time in the market of course we could expect drops after that as well but not totally to the point where we could expect to reach 0.

Maybe in the case of some altcoins that could happen but when it comes to bitcoin for sure it's different because it has a solid demand and a lot of investors. We could see the supply and demand of bitcoin, with the limited supply of 21million plus bitcoin halving we could expect the market price to increase in the future.

https://bitcointalk.org/index.php?topic=2274758.360
https://bitcointalksearch.org/topic/bitcoin-bubble-to-pop-2626187
https://bitcointalksearch.org/topic/why-bitcoin-is-not-a-bubble-5189639
https://bitcointalksearch.org/topic/bitcoin-is-a-snowball-not-a-bubble-170377

When it comes to bubble kind of topics  then there are already lots in the past.
Well its not really surprising that people would have that common perception but if we do base
up on the level of adoption and recognition then i can say that it is just right to have these prices but
of course market could really have that sell off point.

What I know recently is that calling bitcoin a bubble is not true, bitcoin truly increase price and reduce price, but bitcoin still have one thing in common, if the price decrease today, it will increase back later in a way it will supersede the all time high. Many years ago, people that believe in bitcoin only like to hold, thinking its price will increase no matter what because they have fathom how people will still know the true value of bitcoin. 2018 was the worst year for bitcoin as it decrease below what people can think about, which bring the impression of bitcoin being a bubble to be more solid, but in 2020, after Halving, the price of bitcoin increase and now in 2021 the price increase above $50000. I am thinking calling bitcoin a bubble is not right, the right ideal word is to believe that the price will rise even after it falls.

Even if bitcoin still fall, the way it is, people will still go for it which will make the price to increase. Remember gold is once at this stage before, but people invested in it made it what it is today, the world are moving from old era to digital time, very possible bitcoin will be the most successful asset in the next 30 decades. Believing in bitcoin will help as the price will still increase, even if it decrease, it will return back and increase more than the all time high.