Is bitcoin in a bubble right now? | Bitcointalksearch.org

Dingdong7

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Quote from: Paranuatu on November 07, 2017, 02:20:26 PM

I am asking for your honests opinions.
Is it safe to invest now or wait for the bubble to burst?

thank you

Bitcoin is really unpredictable, but I could say that it will not crash instantly. Bitcoin is ever growing, it will sometimes drop but it really goes up. Volatility is a normal feature of bitcoin, but this doesn't mean that bitcoin is a bubble. The growth is legit because the demand has really increased while supply is decreasing. Way back it has shown sudden increase, they told that bitcoin is bubble, but it just actually having good growth and no suddeb dumping will happen.

Bustart

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Quote from: DrGuns4Hands on November 08, 2017, 01:13:00 PM

Actually as of now yeah it is. It can help you a lot especially when you are investing. Bitcoin status is good as these months. Eventually if the bitcoin's price goes down, it is not that much which will not affect your account.

Yes true that bitcoin is in bubble right now. Bitcoin recoveries haven't been very surprising to long time. Over and over again, bitcoin's value has seen spectacular splunges only to recover the lost ground and rise to new heights. Today's bitcoin's price might represent a bubble but we must have to be careful and not to expect too much, for it has the tendency that it will suddenly falls again.

bitbunnny

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What that actualy mean that Bitcoin is a bubble? That the price isn't realistic, or that is manipulated? I wouldn't say so. The price is very high at the moment, that is true but the price is determined by market so Bitcoin is worth how much is one willing to pay for it and with the ratio of demand and supply.

bamboylee

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Quote from: tonlong on November 08, 2017, 02:09:00 AM

I know to waiting for the bubble to burst is wiser for better profits but if it is not a bubble? People wait for the bubble to burst but may wait until there is no chance.

Just like the people who said bitcoin was a bubble when it reached 1000 early this year and did not invest. Then 2K, they thought it is still a bubble and blow their chance for 400% profit.

8K is already high, but I think bitcoin has still a lot of room to grow in terms of price. It may have a correction but we cannot tell for certain it will happen. I say buy now, if it corrects, hold and buy more. If it surge farther up, enjoy the profit.

expless

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Quote from: prehisto on November 07, 2017, 03:19:56 PM

It is a bubble, off-course it is a bubble what else than it is?
People buy to make profit in long term or short term. There will be time when it bursts but it does not mean that it will crush and burn, it will go to level where long term investors and believers are.

We can really call it a bubble when there ends up not having a real use for the currency. We are the ones who have placed the value on it and as long as we will keep seeing supports to buy at dips what do you think will always happen? We are still a bit early to the show and then I really wonder when the big players and more investors start stepping in, are we still going to keep calling it a bubble then?

Eternu

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To be totally honest with you, yes I think we are in a bubble now. It is simple, there are more those who want to get rich by simply holding Bitcoins. That brings us to a point when there are more those who buy and hold Bitcoins, than those who spend their Bitcoins. Why is that bad... well with just buying price is going up and up, and because almost no one spending their coins, day will come when Bitcoin will not be worth of that price and in that moment everything will go BOOM. I think you can predict what will happen after that...

dmamigo

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Probably it is, an asset moving up so up, so quickly probably is a bubble. Most top investors and analyst indicated it a bubble.
But technically a bubble when burst falls drastically, and Bitcoin really won't fall like it. So its a bubble, but from time to time I guess.
Mostly the upcoming fork is one of the primary reason for this growing bubble, but it will soon burst after the fork is done. Actually it won't burst it will get corrected.

Silberman

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Quote from: Paranuatu on November 07, 2017, 02:20:26 PM

I am asking for your honests opinions.
Is it safe to invest now or wait for the bubble to burst?

thank you

I think it is a good idea to wait a little bit if you want to invest in bitcoin, I think the market is going to react adversely to the news there is not going to be a fork but if you cannot wait to invest then I would suggest that you invest in alts, alts are going to grow a lot in the next weeks and then you can use your alts to buy into bitcoin again and get a lot more bitcoin that you could get otherwise.

F3arl3ss

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When will the bubble burst? If we are truly in one...

barota

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bitcoin yesterday decreased from 7900 to 7000 I was watching that moment It was like a crash. When bitcoin dump and fear comming Difficult to control Cry

blockman

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Quote from: nodelover on November 09, 2017, 06:39:40 AM

I would suggest that you wait for the bitcoin price to go down. Buying bitcoin right now is not ideal because of its price going up.

It's getting low now and I did bought some of it already. This probably the dip for this moment, I bought at $7,111 and I don't expect on it to go further. I'll wait for a couple of hours and for sure the price will be up again. There's a lot of people that are waiting for the dip and I guess this is the moment that they have been waiting for again just like what happened yesterday. And the cancel of fork is really something that we can blame on this drop.

nodelover

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I would suggest that you wait for the bitcoin price to go down. Buying bitcoin right now is not ideal because of its price going up.

Gaff

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Quote from: Paranuatu on November 07, 2017, 02:20:26 PM

I am asking for your honests opinions.
Is it safe to invest now or wait for the bubble to burst?

thank you

Bitcoin is really unpredictable, but I could say that it will not crash instantly. Bitcoin is ever growing, it will sometimes drop but it really goes up. Volatility is a normal feature of bitcoin, but this doesn't mean that bitcoin is a bubble. The growth is legit because the demand has really increased while supply is decreasing. Way back it has shown sudden increase, they told that bitcoin is bubble, but it just actually having good growth and no suddeb dumping will happen.

Well I am not into negative insight about that possible crash mate, and if other people speculate about that then I conclude they've been frustrated. That's certain bitcoin is a growing currency and it gathered more investors everyday in parallel to those who sell, but again buy an new asset at bigger amount compared from previous small holdings. No bubble is happening and I am confident that if there's a corrections of price, then it has been already corrected as we can see the latest updates of bitcoin price in the coinmarketcap website.

timerland

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Quote from: Paranuatu on November 07, 2017, 02:20:26 PM

I am asking for your honests opinions.
Is it safe to invest now or wait for the bubble to burst?

thank you

Wait a bit before you buy. I would definitely recommend buying at a level that is less than $7000 because the floor is there right now and when it gets dumped below that it means that investors are panic dumping and overselling.

You can't always time the dip right, so don't buy everything at once. Buy in phases.

Also, don't get too excited when price is going up all the time and you want to buy. As i said - wait for the dip. There's always one no matter what.

batang_bitcoin

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Quote from: Paranuatu on November 07, 2017, 02:20:26 PM

I am asking for your honests opinions.
Is it safe to invest now or wait for the bubble to burst?

thank you

Yes it's safe to invest in bitcoin now, many are keep on saying that we are in a bubble but we're not really into it. If we are on a bubble now, when it burst the price can go down up to $1,000 again but no we are in real demand as many people are into recognizing the potential of bitcoin. You are worried about the bubble but others are worried about the peak price of bitcoin, so you better invest now while we are not seeing $10k.

949miner

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A lot of people were saying that it was bubble since the price was less than $200 Huh

i dont know why we should worry about that because we all know that we can still make profit from it.
I am not thinking about selling my coins, and this is why i am not looking to spread fake fud over this forum about it.
But all those who are saying that it is a bubble, are those who missed the chance to buy bitcoins at a cheapest price.

DrGuns4Hands

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Actually as of now yeah it is. It can help you a lot especially when you are investing. Bitcoin status is good as these months. Eventually if the bitcoin's price goes down, it is not that much which will not affect your account.

iram1011

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Bitcoin isnt in any bubble right now. Bitcoin investors constitute of very less percentage of global population. This demand growth is legit and today demand only is the price driving factor. This demand wont be ending anytime soon. Bitcoin might end up in bubble later and pops out. But right now it is the best investment asset leaving behind many traditional asset in terms of ROI.

TagaMungkahi

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It is a bubble, easily pumped right? It would likely to burst before Segwit2x Fork, it is better to cash it all out or invest in Altcoins and make sure you won't put your BTC on exchanges but if that is the only way to convert it into fiat then do so. Apparently, there are lot of threads stating what you should do before S2X will happen, read that and try to reflect and decide.

tonlong

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Quote from: hase0278 on November 08, 2017, 01:47:41 AM

Quote from: Paranuatu on November 07, 2017, 02:20:26 PM

I am asking for your honests opinions.
Is it safe to invest now or wait for the bubble to burst?

thank you

Honestly, I think it is not safe to invest right now because I'd you are planning on keeping it long term, waiting for the bubble to burst is wiser for better profits. Also, segwit2X fork is near and it doesn't have replay protection. So long as one sells their B2X, they are selling btc as well that might drive price downwards. For this reason it is wiser to buy after the phenomenon's hype has calm down for better prices. You can also enter just days or weeks after it.

I know to waiting for the bubble to burst is wiser for better profits but if it is not a bubble? People wait for the bubble to burst but may wait until there is no chance.

hase0278

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Quote from: Paranuatu on November 07, 2017, 02:20:26 PM

I am asking for your honests opinions.
Is it safe to invest now or wait for the bubble to burst?

thank you

Honestly, I think it is not safe to invest right now because I'd you are planning on keeping it long term, waiting for the bubble to burst is wiser for better profits. Also, segwit2X fork is near and it doesn't have replay protection. So long as one sells their B2X, they are selling btc as well that might drive price downwards. For this reason it is wiser to buy after the phenomenon's hype has calm down for better prices. You can also enter just days or weeks after it.

Welsh

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Quote from: savioroshan on November 07, 2017, 03:11:07 PM

Quote from: Paranuatu on November 07, 2017, 02:20:26 PM

I am asking for your honests opinions.
Is it safe to invest now or wait for the bubble to burst?

thank you

Buddy, I don't think this is a bubble. I don't know why people are thinking this surge in price is bubble. We all know that bitcoin is the first of its kind. Its really getting popular day by day and it always hitting the headlines of medias because of that. So the demand of it is also increasing day by day and we all know if the demand increases, automatically its price will increase. This is what happening here and nothing else.

It might be getting more popular and that's only going to benefit the price, but there's been a lot of false hype around the hard forks and the alt coins which came of that which has driven the price up. It's unlikely to stay around this point and we should see a correction after the segwit2x fork.

roccstar

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Quote from: minersday on November 07, 2017, 04:02:06 PM

The price has been built over rumors and conspirations about the price, and when there are some kind of fud or fake rumors that are affecting the price, like when China did that "ban" or "regulation" over bitcoin and icos, everybody can just think about it and you must know that the price dropped a lot because of that.
But suddenly there were good news, and the price went up again.. It is crazy, and this is how it works, and this is why this is a giant bubble, but it is profitable for all of us.

The rumors and predictions about the bitcoin's price has influenced its price surge. But I don't think its in a bubble right now. The price of bitcoin is increasing because people are loosing confidence in these type of forks. And bitcoin is getting more popular among youngsters and everyone wants to hold some coins as investments. I think because of this increased demand, its price is increasing.

minersday

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The price has been built over rumors and conspirations about the price, and when there are some kind of fud or fake rumors that are affecting the price, like when China did that "ban" or "regulation" over bitcoin and icos, everybody can just think about it and you must know that the price dropped a lot because of that.
But suddenly there were good news, and the price went up again.. It is crazy, and this is how it works, and this is why this is a giant bubble, but it is profitable for all of us.

WarrenShitcoinBuffett

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Quote from: bitart on November 07, 2017, 03:50:42 PM

Quote from: darkangel11 on November 07, 2017, 03:37:31 PM

Quote from: pitiflin on November 07, 2017, 02:38:06 PM

Quote from: Paranuatu on November 07, 2017, 02:20:26 PM

I am asking for your honests opinions.
Is it safe to invest now or wait for the bubble to burst?

thank you

No dude,people often misunderstand that bitcoin's fake bubble thing is just like that of housing bubble burst which happened before a decade ago. Just because the price is increasing doesn't mean that its a bubble. There might be a contingency of a price crash next year or maybe even this year. This is bitcoin, its volatile,so that in any means ,doesn't prove that its a bubble. So stop getting influenced by misconceptions.

+1 this is a crazy growth, but it's a growth not a bubble.
Bitcoin is a bit overbought at the moment because people are grabbing it like crazy knowing what impact it will have on the future of banking. This means that its price is higher than it should be if we considered its usage, but price doesn't have to depend only on real life use of an item. Some art pieces are totally useless, yet worth millions.

That's for sure, everything worths the amount other people are paying for it. People are paying for bitcoin higher and higher prices now, because they expect further growth in price. Bitcoin should not be a bubble yet, but we should be really careful about governments and regulations, because if some kind of really bad news hits the market, people will expect decrease in price, so that could cause the bubble effect.

Bitcoin is not rubust enough to justify a $7,000 pricetag, when normies see the price exhale they will panic sell and lose their shirts, they will come down hard against bitcoin. Exchanges etc.

bitart

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Quote from: darkangel11 on November 07, 2017, 03:37:31 PM

Quote from: pitiflin on November 07, 2017, 02:38:06 PM

Quote from: Paranuatu on November 07, 2017, 02:20:26 PM

I am asking for your honests opinions.
Is it safe to invest now or wait for the bubble to burst?

thank you

No dude,people often misunderstand that bitcoin's fake bubble thing is just like that of housing bubble burst which happened before a decade ago. Just because the price is increasing doesn't mean that its a bubble. There might be a contingency of a price crash next year or maybe even this year. This is bitcoin, its volatile,so that in any means ,doesn't prove that its a bubble. So stop getting influenced by misconceptions.

+1 this is a crazy growth, but it's a growth not a bubble.
Bitcoin is a bit overbought at the moment because people are grabbing it like crazy knowing what impact it will have on the future of banking. This means that its price is higher than it should be if we considered its usage, but price doesn't have to depend only on real life use of an item. Some art pieces are totally useless, yet worth millions.

That's for sure, everything worths the amount other people are paying for it. People are paying for bitcoin higher and higher prices now, because they expect further growth in price. Bitcoin should not be a bubble yet, but we should be really careful about governments and regulations, because if some kind of really bad news hits the market, people will expect decrease in price, so that could cause the bubble effect.

WarrenShitcoinBuffett

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This is a bubble IMO, I would sit out for now and wait for the price to pull back to 4-4.5k I see little justification for the price to be $7,000 it's just pure hype.

darkangel11

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Quote from: pitiflin on November 07, 2017, 02:38:06 PM

Quote from: Paranuatu on November 07, 2017, 02:20:26 PM

I am asking for your honests opinions.
Is it safe to invest now or wait for the bubble to burst?

thank you

No dude,people often misunderstand that bitcoin's fake bubble thing is just like that of housing bubble burst which happened before a decade ago. Just because the price is increasing doesn't mean that its a bubble. There might be a contingency of a price crash next year or maybe even this year. This is bitcoin, its volatile,so that in any means ,doesn't prove that its a bubble. So stop getting influenced by misconceptions.

+1 this is a crazy growth, but it's a growth not a bubble.
Bitcoin is a bit overbought at the moment because people are grabbing it like crazy knowing what impact it will have on the future of banking. This means that its price is higher than it should be if we considered its usage, but price doesn't have to depend only on real life use of an item. Some art pieces are totally useless, yet worth millions.

EcoChavCrypto

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Everybody knows that this is one of the most giant bubbles that we have ever seen, but yes, it is giving a lot of money to those who are dissesperated about getting money fast, and this is why it is increasing so fast.
If you are looking to invest money, invest it on bitcoins, a lot of financial and economic entities are supporting bitcoin and this is one of the first reasons of why bitcoin has been increasing a lot during the last few months.
Who knew that it was going to rise from $600 to $7000 in just a few months?

ruthbabe

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Quote from: Paranuatu on November 07, 2017, 02:20:26 PM

I am asking for your honests opinions.
Is it safe to invest now or wait for the bubble to burst?

thank you

Yes, it's safe to invest in Bitcoin... but since investing in Bitcoin is an extremely high risk I would advise you to invest only what you can afford to lose. All the news you read out there about 'Bitcoin is a bubble' are pure speculation, all they wanted is to tax Bitcoin and/or regulate it.

prehisto

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It is a bubble, off-course it is a bubble what else than it is?
People buy to make profit in long term or short term. There will be time when it bursts but it does not mean that it will crush and burn, it will go to level where long term investors and believers are.

JMAHH

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Invest now, bitcoin is going down and it looks like if it is a perfect opportunity to invest your funds, maybe this is your perfect shoot.
I thought that i was never going to buy bitcoins again, but i am going to invest another thousand dollars tomorrow because i really believe in that bitcoin will go up again in a few weeks. Bitcoin is still cheap, and ten thousand dollars is very close to us right now, why wouldn't you invest? it is a perfect opportunity.

BioCryptTechnologies

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I think it is safe. It will likely dip but it won't dip for long. with 2x coming up you will see a lot of people pulling back and accumulating BitCoin again in hopes of more "free money" I wouldn't be the least bit surprised to see +8000 by end of year

savioroshan

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Quote from: Paranuatu on November 07, 2017, 02:20:26 PM

I am asking for your honests opinions.
Is it safe to invest now or wait for the bubble to burst?

thank you

Buddy, I don't think this is a bubble. I don't know why people are thinking this surge in price is bubble. We all know that bitcoin is the first of its kind. Its really getting popular day by day and it always hitting the headlines of medias because of that. So the demand of it is also increasing day by day and we all know if the demand increases, automatically its price will increase. This is what happening here and nothing else.

HiringYou

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I don't think it is a bubble right now.No doubt their is a sudden increase in the price but it does not mean that we should compare it with a bubble .I think there is an actual increase in the demand so the rise is genuine.But if you want to invest in it then you should wait for some time .As the price is very high so just wait for a correction to take place which will bring down the price to a reasonable value. After the correction you can invest in it.

Welsh

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Potentially. This is purely speculation, but the high price is likely down to the fact that the recent hard forks have caused quite a few news headlines as well as hype around the new coins which have come from the forks. I would say that after the segwit2x fork we should see some sort of correction. But, remember the coverage Bitcoin has had likely caused a lot of people to start investing in the coin which can also influence the price.

pitiflin

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Quote from: Paranuatu on November 07, 2017, 02:20:26 PM

I am asking for your honests opinions.
Is it safe to invest now or wait for the bubble to burst?

thank you

No dude,people often misunderstand that bitcoin's fake bubble thing is just like that of housing bubble burst which happened before a decade ago. Just because the price is increasing doesn't mean that its a bubble. There might be a contingency of a price crash next year or maybe even this year. This is bitcoin, its volatile,so that in any means ,doesn't prove that its a bubble. So stop getting influenced by misconceptions.

boltz

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Well of course we are in a bubble right now but it's one well deserved with hard work behind. The blockchain technology make it real and price has followed. It will be a time when bitcoin will fall again but not much. But this is just my opinion dude , don't get me serious , maybe i'm wrong maybe i'm right.

Paranuatu

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I am asking for your honests opinions.
Is it safe to invest now or wait for the bubble to burst?

thank you

Topic: Is bitcoin in a bubble right now? (Read 915 times)