Topic: Is bitcoin is like the bubble ? (Read 313 times)

I see bitcoin price growth triggering this high price and bubble
due to hardfork.
and maybe this will be completed in this year,
and will remain stable in 2018 until mid-year
because the bitcoin is always bubbling up at the end of each year

I think that bitcoin bubbles will continue to run until the end of 2017, and we can enjoy this bitcoin bubble continues and earn great benefits for bitcoin investment owners, and I'm sure in 2018 there will be a big bubble bubble again, we wait for the bubble come again.

Why you being aggressive? I am here to discuss opinions, not to give lessons or play to who has the biggest so stay polite.

I never said that the bubble was going to explode soon or that the price will fall at 100$, read back.

Yeah people and institutions are investing in it, an so what? I am not talking of an air bubble so yes a bubble is made by investments, big banks and investors invested billions in subprimes and it was shit, same for the tech bubble, the amount of money invested does not mean anything...

I made money too but it doesn't prevent me to be realistic.

We cannot consider bitcoin as a bubble, the current increase in the price of bitcoin is in fact because of the increasing number of bitcoin users, in fact bitcoin is now becoming popular from time to time. They continuously investing their money in bitcoin which is turning bitcoin price to increase more and more. We can expect that the increase in the price of bitcoin will continue for along long time.

You are just a newbie, and you are trying to give lessons to us? You have just entered in here, and you expect to teach it to us? GTFO.

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it is probably a BUBBLE, but it does not means that it is going to explode soon, or that bitcoin will fall again to $100 because it is impossible.

Do you even know how much money is invested in here? it is uncountable.
Do you know how many millionaires, companies and probably governments have invested? uncountable x2.

Do you really think that they all are going to be able to lose their money because a friky guy says that "bitcoin is a bubble and the market will explode soon"?

If it is a bubble, well, i made a lot of money, so i am still happy with that

Obviously bitcoin is a bubble, don't kid yourself. People should just take a step back and calm down because there is way too much emotions involved into it, nothing is rational.
The bubble get bigger and bigger because wannabe millionaire are jumping in blindly and expecting that the price will be higher tomorrow, after tomorrow and so on. People are not buying bitcoin because they believe in its capacity anymore, they just want to join the party and follow the lucky geeks who made tons of money out of bitcoin...
The myth of the giant disruption saying that bitcoin will replace fiat currencies is not realistic. The potentiel of crypto currency and blockchain in itself is undeniable but it doesn't mean that bitcoin will be a global currency integrated to the real economy at any time soon because there is too much reasons that make it impossible (economically, demographically, socially, technically, ...)

Lots of hopes, euphoria, panic, beliefs but nothing tangible to prove that bitcoin is worth the price it is.

I personnel think that the bubble is going to pop (6 months, 1 year, ...?) and the price will stabilize around 2/3k and stay there. At this time, bitcoin will be what it should be: a liquid asset and great store of value, the gold of the internet.

(take a look at the chart bellow, even if it is not comparable, it gives you a brief view of what a human greed pack looks like)

Check this feature the forum has, it's fabulous. It is called search

https://cse.google.com/cse?cx=016660200577587308545%3Aesf40ml9aag&ie=UTF-8&q=is+bitcoin+a+bubble&sa=Google+search#gsc.tab=0&gsc.q=is%20bitcoin%20a%20bubble&gsc.page=1

Only a thousands threads discussing the same bubble theory again and again...
Why the hell do we need another one?

Impossible to know for certain. But here’s the contrarian view:

If there is just a 1% chance that cryptocurrency is “the future of money,” then the entire sector is currently undervalued.

The global money supply currently stands at $90 T, so 1% is $900 B. The total market value of all cryptocurrencies is just under $270 B.

And, I personally believe there is a greater than 1% chance that crypto is the future of money. My gut tells me it’s closer to 20–30%.

Let's ask ourselves: what is the price of bitcoins growing at? According to the laws of the market, because it increases the demand for it. And why the demand for bitkoyn increases? Because people want to make a profit by increasing its price, so they invest in it. Thus, we have a vicious circle: the price grows, because demand increases and demand grows, because the price increases. What conclusion? And the conclusion is that the price for bitcoins is artificially inflated, which means that it is a regular bubble. If we do not want it to not have this quality, do not swell, and therefore not burst, we need to find now the best solutions. until it's not too late.

UBS depicted the thing that makes a "bubble" Previously, any stake Furthermore reasoned that cryptocurrencies, for their gigantic cost rises, meet the definition. The moderately high volume from claiming cryptocurrency turnover, against restricted real-world use, infers that huge numbers purchasers would looking theoretical gain, never intending to utilize cryptocurrencies to aggravate a real-world transaction.

“Is Bitcoin a bubble that is bound to correct sometime, or are we going to end up seeing it rise a lot more?” is a really hard question to answer; especially since it’s been on a long bull run, but at the same time it’s also partially deserving of it.

Guess we’ll know in time, although it’ll be too late to trade based on that information when we find out. Otherwise we need to stop asking this question, because nobody know the answer.

bitcoin startet innocent! but now its a bubble made by the rich where held alot of coins they say stuff like bitcoin will reach 500k to 1mil per coin

tbh i would say that to so i can dump my coins at the market when the price is high


to me bitcoin was the door opener for cryptocoins but now bitcoin is old has no real world usage cost alot of energy not scalable centralized by the miners forks like a mofo...


justmy2cents

What you think about bitcoin bubble ?
Is it still like a Bubble which burst one day ?
Please comment here...