Topic: Is Bitcoin a Bubble or Not? - page 3. (Read 18580 times)
Such questions about whether Bitcoin is a bubble or not - people will ask hundreds more 1000 times over the next decades, While the only right decision in terms of Bitcoin in my opinion has always been and there is a rule - buy and store. And nothing else is needed for your sucess.
It depends on understanding and patience, because it can be our direction to regard bitcoin as a bubble or not, because of the unstable value of bitcoin.
Bitcoin as an investment tool or vehicle can be one of the most volatile in recent history and as what 2017 and 2018 proved it can be dangerous to deal with most especially with people whose orientation or mindset is hinged on just making big profits or just to speculate without proper training...hence many people got burned. Right now, there is a great dip and nobody knows for sure when Bitcoin will be staging a big comeback to regain what it lost in terms of price. This is certainly not a child's toy and if one is not careful then it can be mind-boggling. Bitcoin can be for everyone but not everyone can be for Bitcoin...as it can get so hot to handle. However, many holders are steadfast in their faith that Bitcoin can still save their day soon. Hope that "soon" can really be coming soon. Oh, as to the bubble question...that all depends on one's perspective. As for me, it is not a bubble but it is just another normal investment tool that is subject to the law of supply and demand in the marketplace.
I think by now, it's too far out in existence to consider Bitcoin as a bubble. However, I think many would still say that Bitcoin is still a bubble because many are believing that it's on its way to its downfall. I mean, I know what they mean, it has been having this negative image because it kept declining and declining with no light to see at the end of this very long and dark tunnel. But then again, I think Bitcoin has always had capacity to go back stronger everytime. I think that despite all the negativities happening, there's always a chance for everything to get better as all the things that the market needs would fall into place.
It is not out of place for people to have divergent views of bitcoin. Just as you captioned it, bitcoin has stirred so many arguments for and against. It is not surprising. Bitcoin is set to upturn the way financial transactions are carried out. This is the core aim of bitcoin. Little wonder why there is interest especially from the government on control, while bitcoin is structured to take away this government control. Bubble or not is as a result of which side you belong.
I think it is impossible to say this about the most important cryptocurrency, as it has a great dominance in the cryptocurrency market. I believe that in order to strengthen it, it needs to be introduced in all areas, as a means of payment.
many people said that the bitcoin is the big bubble that can pop anytime, but for people that believing on bitcoin, they are not believe on that things and believe that the bitconin can be use until end of the world, and i think bitcoin is free from inflation in the world., so bitcoin will safe when in all country has ecnomoic crisis
What if it was? We had the Dot Com Bubble and the Property Bubble a few years ago and look what happened. Most of the big companies bounced back after that bubble burst and they are back even stronger than they were before that bubble burst.
Property prices are back to normal in most countries where the Property Bubble burst and it is once again a good investment tool. People should not see a "Bubble" as a bad thing, but rather a opportunity to make some good profits when others are greedy. Sure this is not 100% ethical, but this is how Stock markets and the financial system work.
Property prices are back to normal in most countries where the Property Bubble burst and it is once again a good investment tool. People should not see a "Bubble" as a bad thing, but rather a opportunity to make some good profits when others are greedy. Sure this is not 100% ethical, but this is how Stock markets and the financial system work.
Bitcoin is digital e currency payment have speculative price and bitcoin is not bubble, some time bitcoin could be on higher price and some time could be on lower, but you can take chance to invest and sell bitcoin when price is higher.
invest what you can afford to lose and let Bitcoin do wonders for you.
This is what anyone who is in the crypto space and bitcoin investment need to understand, you invest what you can afford to lose. Bitcoin just like anything in this world has risks associated with it and people need to understand this. Decentralized environment is way different from that of the centralized one where a central authority controls the outcome of everything. Bitcoin operates in a decentralized platform where its market price is determined by its users and holders. Once we understand this fact, we will know that Bitcoin is not a bubble but just a digital currency with its price subjected to rapid change due to the nature of the platform it operates on.
No bubble, just boom and bust.
Bubble would have happened without futures.
Bubble would have happened without futures.
I think that every financial active is a bubble. If someone can buy something higher than official price, the bubble will increase. It is the law of market. And I think that we are at the beginning of creating bubble in crypto.
Bitcoin is a bubble, but now it explodes when it flies too high. Currently, Bitcoin is like a balloon, and it is waiting for someone to pump air into it so it can fly. We can now consider it something difficult but still have to wait.
People always confusing themselves with the issue of whether Bitcoin is a bubble or not. Before thinking whether bitcoin is a bubble or not you need to understand the principles that govern a decentralized system. Blockchain technology operates under a decentralized principle where users have the opportunity to determine the price at which the sell or trade the crypto coin. Bitcoin follows this principle, holders of this coin determine the price at which they trade their coin. This causes the fluctuations in the price of Bitcoin at a point in time. Once you understand this principle, you will not see bitcoin as a bubble.
I wouldn't say Bitcoin is a bubble, because it leads the whole cryptocurrency market and the price always recovers. Dumpcoins are mostly considered as bubbles, because once they pop, they don't go up again and they mostly die off when that happens and those people sho invested and waited more lose their money.
No-one is worried about the price of bitcoin, only the people that don't have enough cash right now to buy more as it is accumulation time. It will certainly pump within the next few months, possibly even weeks
I don't think you're correct,every investor,whether long or short,is paying close attention to the price of the bitcoin,as we all hope for it to boost and pump high,so as to give high return on investment.No one can be sure when the price will pump,it may not be in the next weeks or months just like you said,it is unpredictable and can happen at anytime,speculating bitcoin price is a waste of time
For me bitcoin is not a bubble because since it was created and exist in crypto world,beside of ups and down to it's value,bitcoin is still there remains valuable even though we can see that the value of bitcoin become stable from the past year 2018. Well,it dependa on everyone opinion and underatanding regarding bitcoin. There is no exact answer for that. So,let's just keep on investing in bitcoin noatter what happen to the market.
No-one is worried about the price of bitcoin, only the people that don't have enough cash right now to buy more as it is accumulation time. It will certainly pump within the next few months, possibly even weeks
Is Bitcoin a Bubble or Not?
We should not understand as a scam the meaning of calling Bitcoin as a bubble. The reason for calling bubble is price volatility. We all know how volatile the price is and the possibility that the price will turn to zero at any moment. But surely if the price with the USD is not important for you, this conversation is useless and go ahead.
With Bitcoin price declining almost on a weekly basis, at the moment it seems to be a deflating bubble.
Bitcoin Future is at best uncertain or at worst doomed.
Too many competing coin outperform it and LN will be more an advantage for Litecoin than bitcoin.
Bitcoin Future is at best uncertain or at worst doomed.
Too many competing coin outperform it and LN will be more an advantage for Litecoin than bitcoin.
In 2017, we watched a golden rush for easy money and price of bitcoin went to nobody expected. But you can't defien bitcoin only by looking to 2017. Bitcoin has a potential to be used in many areas as a decentralized currency.
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