Topic: Is Bitcoin a Bubble or Not? - page 4. (Read 18580 times)
Bitcoin certainly was a bubble in the period December 2017-January 2018...
Today, when its price is over 80% lower we can see it certainly ...
But for me it only means that its value was highly overestimated ... it does not mean that in the near future it will not climb into the same or probably even higher peaks ...
I'd like to remind you that a few (maybe a dozen or so) years ago we had an internet bubble on stock markets, the value of each online company was growing up rapidly until the buble has broken and all "new technologies" companies lost a lot of their value a lot, but the best ones have recovered these losses in a few years and reached new peaks - I think that it can be the same with bitcoin...
It is definitely not a bubble because bubbles are weak which can burst anytime. Bitcoin has shown fluctuation in the history but every time it turned around stronger. I know its prices are very low right but even if the price goes down by 90%, I believe it will come back with a huge surprise in the future. Bitcoin is decentralized currency and people are looking forward to it as a replacement of the fiat currency. It has the capability to replace the weak system of banks and provide people a chance to trade freely without any complicated bank systems. These qualities make it better than the fiat currency and it will bring many positive changes in the history of finances in the future.
I think bitcoin is not a bubble, bitcoin is indeed unstable in prices that can soar and decline. I still think bitcoin is still worthy of being a worthy investment and can provide profits.
To respond to the question whether bitcoin is a bubble, we need to find the main characteristics of a bubble and see whether bitcoin has them. A bubble occurs when something costs way more than its intrinsic value and eventually collapses. Many contemporary economists believe in impossibility to identify a bubble before it collapsed. While bitcoin does not have an intrinsic value, it is not worthless. It is widely used and supported by various companies. At the same time, one could say that many things we rely on are potential bubbles. Take gold, for example. Easily breakable and essentially useless metal worth a lot more than materials that are actually better in many aspects. It is totally possible for gold to cost almost nothing at some point in the future, and yet we don't run around calling it a bubble. Okay, the crypto market was overhyped by the end of 2017, but it does not mean that it will not recover and cost just as much in the future, but being backed up stronger.
A lot of ignorant people are going to lose patience and get hyped on a crazy dump of their coins and thinking quicker the market will turn upside. As a result of high unpredictability individuals may think about it as a bubble. This doesn't make sense. Crypto market isn't a bubble rather, it's a new market economy. Here to stay.
Well in my honest opinion then yes it is somewhat of a bubble and almost starting to remind me of the same thing with the tulip mania.
Still not going to give up on this just yet since im somewhat invested and still see much promise in some of the projects.
Still not going to give up on this just yet since im somewhat invested and still see much promise in some of the projects.
From any perspective btc cannot considered as a bubble because the current price dip won't last long and Bitcoin will be better than fine in the future and many predict Bitcoin will be considered as a mainstream currency in the world and Bitcoin will definitely change the inefficient banking system and other traditional and non advanced organizations by proving blockchain based decentralized cryptocurrency transaction system to make faster, secure and better payments and transactions for any need from anywhere in the world at any time so in the future these qualities will make Bitcoin more popular among many individuals in the world so even the price has dropped there will be a certain rise very soon
You must have heard about Bitcoin. Is it a get rich quick scheme, fraud or what? To know, read and become familiar with the mystery of Bitcoin. Almost a decade has passed since the invention of Bitcoin and cryptocurrencies.
Is Bitcoin Worth Investing?
Bitcoin is a decentralized system with no political institution or central issuing authority controlling the exact amount of circulation. Essentially, it is structured on the blockchain technology. It is one of the secure modes of privacy in the digital and technological world.
Bitcoin witnessed tremendous growth in 2017. The late December made a wide range of Bitcoin holders rich and in no time. Since then, a decline has been the fate of the Bitcoin and thus the rest of the cryptocurrencies.
Should you invest in Bitcoin? None knows the absolute answer to be true. Nevertheless, a thorough examination of the past trends and the future trends speaks volumes about it.
Hodl or Sell?
If you are a crypto freak, hodl must be familiar. It means to hold the amount Bitcoin a person is holding. The current prices of Bitcoin range between $3,000-4,000. A year ago, a single Bitcoin cost well above $15,000. Those who sold it were the winners.
What about those who are still hodling? They must be foolish or something like that in your opinion. Do not rush to pass judgments.
What if Bitcoin witnesses another uptrend that it received in late 2017? Bitcoin at $25,000, how does it sound? Amazing!
Replacing Paper Currency
Thousands of cryptocurrencies are in the market. The king is Bitcoin. If the price of Bitcoin rises, other cryptocurrencies also accelerate. How long the trend of paper money and the manipulation of the bank will continue?
Experts have claimed Bitcoin will be the new digital currency because of the safe transactions. It is very volatile though which makes it controversial. Primarily, the manipulation of whales and big guns dominate the decline and rise in the prices of Bitcoin.
The Future of Cryptocurrencies
Bitcoin holders must be worried. The extremely low prices of Bitcoin are a dangerous sign for them. What hides In the future?
Will Bitcoin reach a million dollars or the bubble will burst in the future? This question is killing the internet platforms these days. With immense money been put into Bitcoin, people are unsure whether to sell or hold their Bitcoins amid the crisis. Their condition is similar to the boy who is unsure and always cries in front of others to Write My Essay.
The security of Bitcoin is also not absolute. Several instances have been reported where wallets storing the digital currency were hacked and looted. Without a shade of doubt, the blockchain technology can never be shattered in the current times. The fate of blockchain technology will change entirely after the advent of advanced computations and technology.
The Final Word
The blockchain technology is promising and has amazed everyone in recent years. The future of Bitcoin is neither bleak nor bright. Without several speculations and rumors, none can claim that it will reach this pri
e by the end of this year. A thing is for sure. The prices of cryptocurrencies will continue to face a decline in the near future.
If they do manage to witness a surge, it will be next to a miracle. For you, this is the right time to buy Bitcoin. If you desire to buy it in the future, the prices will certainly be higher.
So, invest what you can afford to lose and let Bitcoin do wonders for you.
Very informative, we have different opinions and thoughts about bitcoin and for me its not a bubble. Bitcoin is still worth to invest even if the price doesn't seems good and when it comes to holding and selling well it depends upon the situation. You can't just hold or sell you have to you have to consider some things. Is Bitcoin Worth Investing?
Bitcoin is a decentralized system with no political institution or central issuing authority controlling the exact amount of circulation. Essentially, it is structured on the blockchain technology. It is one of the secure modes of privacy in the digital and technological world.
Bitcoin witnessed tremendous growth in 2017. The late December made a wide range of Bitcoin holders rich and in no time. Since then, a decline has been the fate of the Bitcoin and thus the rest of the cryptocurrencies.
Should you invest in Bitcoin? None knows the absolute answer to be true. Nevertheless, a thorough examination of the past trends and the future trends speaks volumes about it.
Hodl or Sell?
If you are a crypto freak, hodl must be familiar. It means to hold the amount Bitcoin a person is holding. The current prices of Bitcoin range between $3,000-4,000. A year ago, a single Bitcoin cost well above $15,000. Those who sold it were the winners.
What about those who are still hodling? They must be foolish or something like that in your opinion. Do not rush to pass judgments.
What if Bitcoin witnesses another uptrend that it received in late 2017? Bitcoin at $25,000, how does it sound? Amazing!
Replacing Paper Currency
Thousands of cryptocurrencies are in the market. The king is Bitcoin. If the price of Bitcoin rises, other cryptocurrencies also accelerate. How long the trend of paper money and the manipulation of the bank will continue?
Experts have claimed Bitcoin will be the new digital currency because of the safe transactions. It is very volatile though which makes it controversial. Primarily, the manipulation of whales and big guns dominate the decline and rise in the prices of Bitcoin.
The Future of Cryptocurrencies
Bitcoin holders must be worried. The extremely low prices of Bitcoin are a dangerous sign for them. What hides In the future?
Will Bitcoin reach a million dollars or the bubble will burst in the future? This question is killing the internet platforms these days. With immense money been put into Bitcoin, people are unsure whether to sell or hold their Bitcoins amid the crisis. Their condition is similar to the boy who is unsure and always cries in front of others to Write My Essay.
The security of Bitcoin is also not absolute. Several instances have been reported where wallets storing the digital currency were hacked and looted. Without a shade of doubt, the blockchain technology can never be shattered in the current times. The fate of blockchain technology will change entirely after the advent of advanced computations and technology.
The Final Word
The blockchain technology is promising and has amazed everyone in recent years. The future of Bitcoin is neither bleak nor bright. Without several speculations and rumors, none can claim that it will reach this pri
e by the end of this year. A thing is for sure. The prices of cryptocurrencies will continue to face a decline in the near future.
If they do manage to witness a surge, it will be next to a miracle. For you, this is the right time to buy Bitcoin. If you desire to buy it in the future, the prices will certainly be higher.
So, invest what you can afford to lose and let Bitcoin do wonders for you.
First, NO! Bitcoin is not a bubble. I am not buying that FUD. I heard that many times whenever its price is going down, but bitcoin is still there, existing strong. I firmly believe that there's a lot in store for bitcoin in the economic and financial landscape, so it's far from bursting. Second, YES! It is worth investing. But of course, any wise investor won't invest what he cannot afford to lose. Sometimes, we lose because of impatience. No one knows how far this bear season will go. So if you are impatient and have the tendency to sell off before gaining profit, never break the no. 1 Rule of Investment. Third, hodling and selling are both beneficial, depending on your skill, capacity and level of patience. Hodling is good for long-term profit, provided you are hodling good coins, while selling and buying back is good if you have good trading skills.
You must have heard about Bitcoin. Is it a get rich quick scheme, fraud or what? To know, read and become familiar with the mystery of Bitcoin. Almost a decade has passed since the invention of Bitcoin and cryptocurrencies.
Is Bitcoin Worth Investing?
Bitcoin is a decentralized system with no political institution or central issuing authority controlling the exact amount of circulation. Essentially, it is structured on the blockchain technology. It is one of the secure modes of privacy in the digital and technological world.
Bitcoin witnessed tremendous growth in 2017. The late December made a wide range of Bitcoin holders rich and in no time. Since then, a decline has been the fate of the Bitcoin and thus the rest of the cryptocurrencies.
Should you invest in Bitcoin? None knows the absolute answer to be true. Nevertheless, a thorough examination of the past trends and the future trends speaks volumes about it.
Hodl or Sell?
If you are a crypto freak, hodl must be familiar. It means to hold the amount Bitcoin a person is holding. The current prices of Bitcoin range between $3,000-4,000. A year ago, a single Bitcoin cost well above $15,000. Those who sold it were the winners.
What about those who are still hodling? They must be foolish or something like that in your opinion. Do not rush to pass judgments.
What if Bitcoin witnesses another uptrend that it received in late 2017? Bitcoin at $25,000, how does it sound? Amazing!
Replacing Paper Currency
Thousands of cryptocurrencies are in the market. The king is Bitcoin. If the price of Bitcoin rises, other cryptocurrencies also accelerate. How long the trend of paper money and the manipulation of the bank will continue?
Experts have claimed Bitcoin will be the new digital currency because of the safe transactions. It is very volatile though which makes it controversial. Primarily, the manipulation of whales and big guns dominate the decline and rise in the prices of Bitcoin.
The Future of Cryptocurrencies
Bitcoin holders must be worried. The extremely low prices of Bitcoin are a dangerous sign for them. What hides In the future?
Will Bitcoin reach a million dollars or the bubble will burst in the future? This question is killing the internet platforms these days. With immense money been put into Bitcoin, people are unsure whether to sell or hold their Bitcoins amid the crisis. Their condition is similar to the boy who is unsure and always cries in front of others to Write My Essay.
The security of Bitcoin is also not absolute. Several instances have been reported where wallets storing the digital currency were hacked and looted. Without a shade of doubt, the blockchain technology can never be shattered in the current times. The fate of blockchain technology will change entirely after the advent of advanced computations and technology.
The Final Word
The blockchain technology is promising and has amazed everyone in recent years. The future of Bitcoin is neither bleak nor bright. Without several speculations and rumors, none can claim that it will reach this pri
e by the end of this year. A thing is for sure. The prices of cryptocurrencies will continue to face a decline in the near future.
If they do manage to witness a surge, it will be next to a miracle. For you, this is the right time to buy Bitcoin. If you desire to buy it in the future, the prices will certainly be higher.
So, invest what you can afford to lose and let Bitcoin do wonders for you.
Is Bitcoin Worth Investing?
Bitcoin is a decentralized system with no political institution or central issuing authority controlling the exact amount of circulation. Essentially, it is structured on the blockchain technology. It is one of the secure modes of privacy in the digital and technological world.
Bitcoin witnessed tremendous growth in 2017. The late December made a wide range of Bitcoin holders rich and in no time. Since then, a decline has been the fate of the Bitcoin and thus the rest of the cryptocurrencies.
Should you invest in Bitcoin? None knows the absolute answer to be true. Nevertheless, a thorough examination of the past trends and the future trends speaks volumes about it.
Hodl or Sell?
If you are a crypto freak, hodl must be familiar. It means to hold the amount Bitcoin a person is holding. The current prices of Bitcoin range between $3,000-4,000. A year ago, a single Bitcoin cost well above $15,000. Those who sold it were the winners.
What about those who are still hodling? They must be foolish or something like that in your opinion. Do not rush to pass judgments.
What if Bitcoin witnesses another uptrend that it received in late 2017? Bitcoin at $25,000, how does it sound? Amazing!
Replacing Paper Currency
Thousands of cryptocurrencies are in the market. The king is Bitcoin. If the price of Bitcoin rises, other cryptocurrencies also accelerate. How long the trend of paper money and the manipulation of the bank will continue?
Experts have claimed Bitcoin will be the new digital currency because of the safe transactions. It is very volatile though which makes it controversial. Primarily, the manipulation of whales and big guns dominate the decline and rise in the prices of Bitcoin.
The Future of Cryptocurrencies
Bitcoin holders must be worried. The extremely low prices of Bitcoin are a dangerous sign for them. What hides In the future?
Will Bitcoin reach a million dollars or the bubble will burst in the future? This question is killing the internet platforms these days. With immense money been put into Bitcoin, people are unsure whether to sell or hold their Bitcoins amid the crisis. Their condition is similar to the boy who is unsure and always cries in front of others to Write My Essay.
The security of Bitcoin is also not absolute. Several instances have been reported where wallets storing the digital currency were hacked and looted. Without a shade of doubt, the blockchain technology can never be shattered in the current times. The fate of blockchain technology will change entirely after the advent of advanced computations and technology.
The Final Word
The blockchain technology is promising and has amazed everyone in recent years. The future of Bitcoin is neither bleak nor bright. Without several speculations and rumors, none can claim that it will reach this pri
e by the end of this year. A thing is for sure. The prices of cryptocurrencies will continue to face a decline in the near future.
If they do manage to witness a surge, it will be next to a miracle. For you, this is the right time to buy Bitcoin. If you desire to buy it in the future, the prices will certainly be higher.
So, invest what you can afford to lose and let Bitcoin do wonders for you.
dont expect a good answer, everything is agenda driven, everyone says whats in his agenda.
True Due to its high volatility when considering the price variation from 2017 to now Bitcoin seems like the biggest bubble in the history when you look from the outside because Bitcoin price dropped and that is why many say that but it is recovering perfectly so definitely it will reach to it's correct price in the future but it might take a while to happen that and the only thing it needs is more time so traders should be more patient in these days
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.
You must have heard about Bitcoin. Is it a get rich quick scheme, fraud or what? To know, read and become familiar with the mystery of Bitcoin. Almost a decade has passed since the invention of Bitcoin and cryptocurrencies.
Is Bitcoin Worth Investing?
Bitcoin is a decentralized system with no political institution or central issuing authority controlling the exact amount of circulation. Essentially, it is structured on the blockchain technology. It is one of the secure modes of privacy in the digital and technological world.
Bitcoin witnessed tremendous growth in 2017. The late December made a wide range of Bitcoin holders rich and in no time. Since then, a decline has been the fate of the Bitcoin and thus the rest of the cryptocurrencies.
Should you invest in Bitcoin? None knows the absolute answer to be true. Nevertheless, a thorough examination of the past trends and the future trends speaks volumes about it.
Hodl or Sell?
If you are a crypto freak, hodl must be familiar. It means to hold the amount Bitcoin a person is holding. The current prices of Bitcoin range between $3,000-4,000. A year ago, a single Bitcoin cost well above $15,000. Those who sold it were the winners.
What about those who are still hodling? They must be foolish or something like that in your opinion. Do not rush to pass judgments.
What if Bitcoin witnesses another uptrend that it received in late 2017? Bitcoin at $25,000, how does it sound? Amazing!
Replacing Paper Currency
Thousands of cryptocurrencies are in the market. The king is Bitcoin. If the price of Bitcoin rises, other cryptocurrencies also accelerate. How long the trend of paper money and the manipulation of the bank will continue?
Experts have claimed Bitcoin will be the new digital currency because of the safe transactions. It is very volatile though which makes it controversial. Primarily, the manipulation of whales and big guns dominate the decline and rise in the prices of Bitcoin.
The Future of Cryptocurrencies
Bitcoin holders must be worried. The extremely low prices of Bitcoin are a dangerous sign for them. What hides In the future?
Will Bitcoin reach a million dollars or the bubble will burst in the future? This question is killing the internet platforms these days. With immense money been put into Bitcoin, people are unsure whether to sell or hold their Bitcoins amid the crisis. Their condition is similar to the boy who is unsure and always cries in front of others to Write My Essay.
The security of Bitcoin is also not absolute. Several instances have been reported where wallets storing the digital currency were hacked and looted. Without a shade of doubt, the blockchain technology can never be shattered in the current times. The fate of blockchain technology will change entirely after the advent of advanced computations and technology.
The Final Word
The blockchain technology is promising and has amazed everyone in recent years. The future of Bitcoin is neither bleak nor bright. Without several speculations and rumors, none can claim that it will reach this pri
e by the end of this year. A thing is for sure. The prices of cryptocurrencies will continue to face a decline in the near future.
If they do manage to witness a surge, it will be next to a miracle. For you, this is the right time to buy Bitcoin. If you desire to buy it in the future, the prices will certainly be higher.
So, invest what you can afford to lose and let Bitcoin do wonders for you.
Is Bitcoin Worth Investing?
Bitcoin is a decentralized system with no political institution or central issuing authority controlling the exact amount of circulation. Essentially, it is structured on the blockchain technology. It is one of the secure modes of privacy in the digital and technological world.
Bitcoin witnessed tremendous growth in 2017. The late December made a wide range of Bitcoin holders rich and in no time. Since then, a decline has been the fate of the Bitcoin and thus the rest of the cryptocurrencies.
Should you invest in Bitcoin? None knows the absolute answer to be true. Nevertheless, a thorough examination of the past trends and the future trends speaks volumes about it.
Hodl or Sell?
If you are a crypto freak, hodl must be familiar. It means to hold the amount Bitcoin a person is holding. The current prices of Bitcoin range between $3,000-4,000. A year ago, a single Bitcoin cost well above $15,000. Those who sold it were the winners.
What about those who are still hodling? They must be foolish or something like that in your opinion. Do not rush to pass judgments.
What if Bitcoin witnesses another uptrend that it received in late 2017? Bitcoin at $25,000, how does it sound? Amazing!
Replacing Paper Currency
Thousands of cryptocurrencies are in the market. The king is Bitcoin. If the price of Bitcoin rises, other cryptocurrencies also accelerate. How long the trend of paper money and the manipulation of the bank will continue?
Experts have claimed Bitcoin will be the new digital currency because of the safe transactions. It is very volatile though which makes it controversial. Primarily, the manipulation of whales and big guns dominate the decline and rise in the prices of Bitcoin.
The Future of Cryptocurrencies
Bitcoin holders must be worried. The extremely low prices of Bitcoin are a dangerous sign for them. What hides In the future?
Will Bitcoin reach a million dollars or the bubble will burst in the future? This question is killing the internet platforms these days. With immense money been put into Bitcoin, people are unsure whether to sell or hold their Bitcoins amid the crisis. Their condition is similar to the boy who is unsure and always cries in front of others to Write My Essay.
The security of Bitcoin is also not absolute. Several instances have been reported where wallets storing the digital currency were hacked and looted. Without a shade of doubt, the blockchain technology can never be shattered in the current times. The fate of blockchain technology will change entirely after the advent of advanced computations and technology.
The Final Word
The blockchain technology is promising and has amazed everyone in recent years. The future of Bitcoin is neither bleak nor bright. Without several speculations and rumors, none can claim that it will reach this pri
e by the end of this year. A thing is for sure. The prices of cryptocurrencies will continue to face a decline in the near future.
If they do manage to witness a surge, it will be next to a miracle. For you, this is the right time to buy Bitcoin. If you desire to buy it in the future, the prices will certainly be higher.
So, invest what you can afford to lose and let Bitcoin do wonders for you.
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