Topic: is bitcoin bubble? - page 2. (Read 1493 times)

Bitcoin is not in a bubble atm considering too many big names being added to the list of investors as well as media helping it gain popularity through their ways of spreading the word out. We have seen constant growth without a one-shot pump because it took months to get over here and I feel we are yet to see that "bubble" thing happen in a few months from now. Stay calm and wait for the real action as Bitcoin is yet to achieve its real goal.

Yes we already know about that volatility movement of bitcoin. .which is falling and rising its value time on time. And it didn't stay for a moment in a value. But its good that bitcoin is falling sometimes . It is a chance for us to buy a cheap price and  we can sell it when bitcoin rise again in a highest value. Instead of its getting higher and higher we cannot afford to buy  . And also this issue always happened even before that bitcoin is not yet popular  it always volatile . .

I think the person who is calling bitcoin a bubble doesn't really understand the technology and the advantage in using bitcoin, it is a decentralized currency that can't be control by banks, government or anyone, the true values of bitcoin lies in its technology itself and the demand of it in the market. Bitcoin provides every user the freedom in making payment to anyone worldwide easily, and I would predict the number of bitcoin users would just continue to grow daily, with higher demand, the prices would surely rise higher in the future.

Loot is always there. It's not the reason. It seems to me that the price is stable because whales don't make large purchases. They are slowly buying up coins so as not to unbalance the market. After they buy out the entire volume of coins the price will go up again.

Now price is stable in the marketplace. We knew bitcoin price fluctuation is normal in the price chart. Need to wait the bitcoin price to bump if you are really looking for the bitcoin value to be top value. I would anytime bitcoin price is good to buy because potential of bitcoin will take to skyrocket value.

bitcoin is not a bubble, i think people are just saying that bitcoin is a bubble since it is a new technology and they are comparing bitcoin back to the internet bubble, however it is so much different, if they try to compare bitcoin during the internet bubble, simply because both are using the internet, they might want to check back on their history, back then you can create websites, advertise and make profit, it became an internet bubble, because a lot of companies are so business savvy, that they can attract a lot of investors, however, what they lack is the technical knowledge, though the prices of their companies went up, they do not know what to do, and how to handle the situation in the end, a lot of internet companies were forced to shutdown and only a few good ones are left and became giants in their own right, however this is not the same with bitcoin, bitcoin doesn't have a CEO, bitcoin is technology and we cannot shutdown technology, especially at this time, we need technology in order for us to survive and when it comes to bitcoin, it uses block chain technology, which in turn, gives a us value, thus the price of of bitcoin. those who still think that bitcoin is a bubble, might also want to check the history of money, since bitcoin is also considered a currency and in time, i hope that they will realize that bitcoin will still grow and will worth a fortune.

Right now there is no bubble. User base isn't much and the target market is big. So whatever price rise is there is genuine according to high demand and a limited supply 650k Bitcoin a year which will keep on halving every four years. This trend will continue for a decade or so with some ups and downs. But a bubble will definitely build up later and will pop out too as demand only can't sustain a market until there is some unbeatable real use. But nothing to worry as for now.

I really don't know right now. On the one hand we are genuinely seeing new demand for bitcoin and very positive news being said about bitcoin. People are picking up bitcoin and using it in real life situations, such as in Venezuela where the recent hyperinflation made them turn to bitcoin as a store of value.

However, it has always been this way. When markets scream buy every single day, it is usually a sign of a bubble and i think we could potentially be in one at the moment.

Compared to 2013, i don't think that we're going to experience as big as a dump at all, even when the bubble pops.

People are increasing their investment and bitcoin has become very widespread, but how does that keep it from being a bubble?  Maybe the question is, how would you define a bubble?  At what point would you consider the price of bitcoin to be in bubble territory?

The problem is that there's no good way to determine how much a bitcoin should be worth.  While one could argue that this means that bitcoin might be undervalued, I think it's much more likely that this means that bitcoin is overvalued.  Now, that doesn't mean that it won't keep rising, perhaps for a long time.  But demand by itself cannot keep prices rising forever, and when price starts to fall, without an idea of what a bitcoin should be worth, there's nothing to keep the price from crashing hard.

yes it is wrong to say that bitcoin is a bubble. the price of bitcoin is their original price and it is increasing from time to time because of the interest of the people and increasing their investment. in fact bitcoin is now  so much popular and spread so wide throughout the world that it has become difficult for a single person or a group of people to manipulate the price of bitcoin.

The problem with this is that price can't simply come from demand and nothing else.  From wikipedia: "An economic bubble or asset bubble ... is trade in an asset at a price or price range that strongly exceeds the asset's intrinsic value." [https://en.wikipedia.org/wiki/Economic_bubble]  What is the intrinsic value of a bitcoin?  How much is it actually worth?  Unless it's really worth thousands of dollars, it's in a bubble.

There may not be a specific institution or entity that is inflating bitcoin's price, but there is a very broad, general group of people that is doing so: speculators.

I do not think that Bitcoin is a bubble.  I think the price is came from the demand itself.  Remember there is no central authority supporting Bitcoin.  All the funds and trades are from the people who are willing to buy Bitcoin at the current price.  How can someone say it is a bubble when there is no extrernal company or group or authority that is inflating the Bitcoin price.  I think it is the real price of Bitcoin because it is where demand and supply meet.

Bitcoin could well be a bubble at this point, but i think that the community support for bitcoin as well as the sheer amount of people wanting to buy into bitcoin at a level below $2000 or even $3000 is so big that it's probably not a bubble anymore.

Even if it was a bubble, price should still go up to $5000, perhaps even more before the start of 2018.

Plus, it doesn't really matter at all - fiat funded debts is probably the biggest bubble in the history of mankind.

The strong support of the community is an important point.  My impression is that bitcoin's resilience is due in large part to the people who have believed in it from the beginning.  They're the ones that have kept buying when all the speculators were selling.  It's very possible that bitcoin wouldn't have bounced back from the major crashes it's seen in its history without a group of people that have been dedicated to supporting it, especially financially.  The question is, will there come a time when the speculators outnumber the community members by enough that the community can no longer support bitcoin when it has a major crash.

Until now Bitcoin is still very busy discussed by netizens, especially on the internet. This is not because the price of Bitcoin claimed skyrocketed, known in January 2017 ago when the price of BitCoin is still around $ 900, now reaches $ 41000 per coin and is predicted to skyrocket to $ 10000 in 2018 later. this is based on a statement from a bitcoin finance expert named Tim Draper in an exclusive TV Fox Business interview saying that the prediction of bitcoin prices in 2018 reaches $ 10,000. but this is just a prediction and no one can really confirm it.

I see your point, but it's a bad analogy to use here. The 90s dot com bubble actually was a bubble. Many, many companies were massively overvalued and went belly up when the markets crashed and the hype around monetizing the internet died down. Amazon was one of the companies left standing. Today, they've massively consolidated that market share, making the distinction between Amazon and the early dot com failures even more obvious.

I think your example shows that Amazon had an incredibly good growth model and strong fundamentals. I don't think it says anything about the dot com bubble.

It is possible that the price of bitcoin is not in a bubble.  But I don't think that time is necessarily a factor in this case.  I agree that 8 years is quite a long track record (and, really, the price bubble has popped a few times, but it's always reinflated even bigger than before), but bitcoin is also different from other historical bubble situations in that it has taken a long time for it to become accessible to the average person, and it's still not really there yet.  It's possible that this inaccessibility is greatly delaying the "reckoning" that may happen one day.  Bubbles don't truly pop until just about everyone who can and is at all interested in investing has bought in.

I think this year it will occur a bitcoin bubble a few days ago with a price of bitcoin ever be $4900 position then ever fall on numbers $3100 and then rose again slowly until it happens often changes in numbers up to $3800 until now rising continuously rise on the figure of $4200. I hope it will not happen again at bubble bitcoin until bitcoin can heading into the month brought a ray of happiness we

I would suggest you go back to look at the chart of Amazon share price during dot com bubble burst and its price now...You will see that although the main stream media make you believe that all company lost a huge fortune, you can see that in reality from today's point of view that is merely an adjustment for amazon share price.

The price is overpriced? it's mean you believe bitcoin unstoppable? i don't think so because i think you have reading the article that talk bitcoin will reach $10,000 , $100,000 but you not think what the reason that can make bitcoin price so high. honestly i never found it the answer even though i has thinking all bitcoin has been mined.