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Topic: Is Bitcoin a Bubble that is just waiting to pop? 6000/8000!! really? (Read 1472 times)

newbie
Activity: 31
Merit: 0
bubble or not bubble, bitcoin is still growing and trend is bullish.... so I personally hold my btc and not sell them...
full member
Activity: 476
Merit: 102
Hey Guys,

I have invested into BTC quite a bit, when talking to family and friends about its potential etc. many are against it and say it's a bubble waiting to pop.

What are your thought on this? the price has gone ridiculously high from since the beginning of this year and the general vibes on here are that it is going to hit 8000 by year end!
Question is how long before it pops and will it be a be bang drop or gradual ect...

Thanks! Shocked Roll Eyes

There are probably that before the year end the value of bitcoin will hit 8,000 USD and probably more-than. But many speculation are emerge now that stating bitcoin is bubble and pump up it value. Notice that nowadays bitcoin is constantly moving up and down it's value because bitcoin is unpredictable. And no one can tell what will be happen to bitcoin before the year end.
newbie
Activity: 14
Merit: 0
If it comes to the whole ‘’bubble’’ concept... I remember that 1 year ago some people were also talking that it is the bubble and? Actually the value of BTC has increased rapidly! So? HODL ? this is the best strategy for me.
full member
Activity: 476
Merit: 124
In my opinion, bitcoin being called a bubble is just part of strategy of the big whales to cause panic selling/FUD for them to be able to buy when the price hits the fucking dip. Most investors are business minded people and they will not let their investments/business to pop like a bubble in just a matter of time. They will always take the opportunity to take profit from the weak hands. We should just ride with the whales and hope for the best to come.
full member
Activity: 213
Merit: 100
For the next bubble, bitcoin has got too powerful a spread in the world. All states talk about it, people invest money, and people of various social strata, including big politicians and businessmen. Very soon it will function on a par with other currencies. I think that only bizarre skeptics say that the bikoin is a bubble. I see in it a new format of the world economy, convenient, functional, safe, promising.
newbie
Activity: 42
Merit: 0
While you are saying BTC is a bubble, notable US billionaires like Mark Cuban getting richer investing in BTC. https://www.bitcoinmarketinsider.com/mark-cuban-backs-nick-tomainos-20-million-token-fund/
full member
Activity: 274
Merit: 100
Very cautious about this at the minute, considering the fork.

Having said that, I've been cautious for a while on BTC and have just watched it rise and rise and thought...damn, need to stop this and just jump in.
full member
Activity: 180
Merit: 101
Exclusive Member
It may be a bubble and no one knows when the bubble will pop. But I feel that this is just the start of the bubble as well and there is a long way to go before something big really happens. Grab the opportunity and follow your guts and feeling. Learn more about it and always aim to make the right decision!
full member
Activity: 301
Merit: 103
Just asked at work what they think BTC will be in exactly one year. They thought about 7500$, I think 25.000$. I believe BTC is a bubble but it is just the beginning of the bubble. It will eventually burst (maybe years from now), and run completely out. BTC is not suited for retail, too slow, too expensive (fee). Some other coin, with a technology that can rival the ease and speed of credit cards and cash, will emerge and win the day. When….. now that is the million $ question.
full member
Activity: 224
Merit: 101
BTC are subject to bubbles like we all noticed in the last few years, but the bet part of it is the raise right after; after the drop it's the right time to invest, just dont be scared of this drop, keep holding, invest during the drop and wait at the window for the new rise Smiley We might see a new top for BTC
full member
Activity: 686
Merit: 146
How many already mentioned and speculated that bitcoin will bubble, bitcoin will go down, bitcoin will disappear, etc etc etc. But where's the Bitcoin now? Still the strongest crypto and it's keeping the high phase despite of many attempts to dump it. Lets just wait, invest what you can and if you have extra and we will benefit on it Smiley

Exactly my thoughts. I've been hearing that bitcoin is a bubble over and over again yet it remains to be strong. Indicators such as the massive surge of price increase and the volatility of bitcoin has suggested that bitcoin is a bubble. True, the price increase has been ridiculous especially for this year but it cannot be said that bitcoin is a bubble.

Also, just because the price goes down a bit, it does not mean that it will fall or the 'bubble' is about to burst. It's normal to experience some price corrections especially after a rise. Bitcoin will experience some dips but in the long run, it's price will just continue to rise.
full member
Activity: 196
Merit: 101
What's happening now is not a bubled it naturally happens. This is because of the free BTG (Bitcoin Gold) receipt. The bitcoins are fast rising. But when it's finished we expect the drop of bitcoins.
full member
Activity: 224
Merit: 100
Any store can buy, sell, and accept Crypto
Seriously, no one really knows (including me), whether Bitcoin will push up beyond 8K within the next two remaining months...

Still, many have faiths on BTC and hopefully, it will breach the 8k milestone asap  Wink

PS: There's always some so-called, "Fiat currency experts" that yield BTC is a bubble or hoax - well, just let them say whatever they want, after all, they just need to do some good dramas in front of public  Grin
sr. member
Activity: 254
Merit: 250
This is not new, every time that bitcoin's price is rising it is already expected that there will be some people or groups of speculators or maybe haters of bitcoin that would say such word a "bubble" Grin and I think many speculations regarding to bitcoin out there that saying a word bubble are made only to start a panic selling do that they can be able to buy at lower price .

Yeah lol I'm pretty sure critics won't stop calling bitcoin a bubble until something else overtakes it. I say let them bark. We're not the ones missing out on anything.
sr. member
Activity: 1400
Merit: 420
Hey Guys,

I have invested into BTC quite a bit, when talking to family and friends about its potential etc. many are against it and say it's a bubble waiting to pop.

What are your thought on this? the price has gone ridiculously high from since the beginning of this year and the general vibes on here are that it is going to hit 8000 by year end!
Question is how long before it pops and will it be a be bang drop or gradual ect...

Thanks! Shocked Roll Eyes

No one can really tell what will about to happen in the future as there is no one came from it, so it is only a gut feeling for you if you are investing blindly but there is a price history of Bitcoin that you can take it for your basis in investing into it. 'Bitcoin is a bubble' how many people did already said this line, I think that until the end of time that phrase will not vanish as there is doubters and haters along the way. Decide for yourself if you really want to do this and don't rely too much even in your own family as this is a modern age with a modern technology that most of the modern people can only understand.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
This is not new, every time that bitcoin's price is rising it is already expected that there will be some people or groups of speculators or maybe haters of bitcoin that would say such word a "bubble" Grin and I think many speculations regarding to bitcoin out there that saying a word bubble are made only to start a panic selling do that they can be able to buy at lower price .
full member
Activity: 280
Merit: 100
Let's pop the bubble. I'm ready to buy in at a much lower price but I fear we will never see such low prices as in the beginning of 2017 anymore. Even with bursting bubbles you will end with a nice profit long term and long term we will see prices like $25.000 or more but if there are bubbles bursting it could take some more years to reach higher prices. Just hodl and relax. And buy more if you ever see much lower prices.
hero member
Activity: 1106
Merit: 638
Question is how long before it pops and will it be a be bang drop or gradual ect...

Thanks! Shocked Roll Eyes

A little over 72 hours and the whole house of cards will come down. Yep, Thursday is when we'll see the bubble burst. Then we'll drop to $200, stay there for 6 months (so all you newbies can get in at an early price) before Bitcoin resumes it's journey to the moon.

I'm kidding, of course. There's no way anyone can predict future market movements. All we have is the past to give us an indication of what could happen in the future.

I wouldn't worry too much about what your family and friends say, particularly if they don't own any Bitcoin or haven't been involved in the market. Why do you think their knowledge is deeper than yours on this topic?
sr. member
Activity: 672
Merit: 251
Hey Guys,

I have invested into BTC quite a bit, when talking to family and friends about its potential etc. many are against it and say it's a bubble waiting to pop.

What are your thought on this? the price has gone ridiculously high from since the beginning of this year and the general vibes on here are that it is going to hit 8000 by year end!
Question is how long before it pops and will it be a be bang drop or gradual ect...

Thanks! Shocked Roll Eyes
Probably during or before the fork there would be a big drop. Mark the date on your calendar. At October 25, the fork of bitcoin. In there you can buy big amount of bitcoin for low prices.
full member
Activity: 350
Merit: 100
How many already mentioned and speculated that bitcoin will bubble, bitcoin will go down, bitcoin will disappear, etc etc etc. But where's the Bitcoin now? Still the strongest crypto and it's keeping the high phase despite of many attempts to dump it. Lets just wait, invest what you can and if you have extra and we will benefit on it Smiley
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