Topic: Is bitcoin just a big bubble that is ready to burst anytime soon? (Read 654 times)

Bitcoin was introduced in 2009 and now it has been a decade and bitcoin has proved its existence since more than a decade and no wonder that it will further make its existence for coming many decades and by its fate and potential, it has helped millions of people around the world in finding their jobs and abking them to earn their livelihood and I think inspite of all these things, if anyone is calling bitcoin a bubble or a scam, these people are morons and the time will answer them all.

It could be and the few great rises and falls we've been through already over the years could certainly be described as bubbles. Maybe we will see many more bubbles over the next few years as well, but one thing I know is nobody can say for certain whether it will eventually pop for good or not and only time will tell. I hope it doesn't but it's one thing we have to keep in mind.

What I believe about bitcoin is that bitcoin is very sustainable and very trustworthy crypto currency and this is not hypothetical, bitcoin has made its existence since more than a decade and not made its existence but even has reached the sky high and become so successful that it is now superior of all the crypto currencies and because of its potential, it has provided employment to millions of people and helped them finding their jobs and I think foolish are the people who think bitcoin is a bubble that would burst soon or bitcoin is a fraud.

If they consider it a bubble then i must say it is the bubble of fortune and when it will burst it will also change our fortune at that time.

Of course, bitcoin has a bubble. You know, everyone has different definitions of bubbles. I think from the development of coded money and the maturity of the community, now bitcoin is far from the big bubble. Perhaps this time, investors are the original investors.

When there is a dip we always said that bitcoin is a bubble but it is not. It is just a part of the cycle that bitcoin's price will go up and down.

Crash can crash any day any moment at any time so no one is insured there is always a risk.

Correct. I will tell you even another thing: those, who state that BTC is a bubble buy Bitcoins themselves. Bitcoin is a strong crypto.

i ever make question like this on : https://bitcointalksearch.org/topic/m.25443528 , and there people said that bitcoin not bubble just the price is volatile like up 20% in a sec and down 20% on another sec
i quote from someone post like this

" According to 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."

So yes, the major concern of bitcoin being a bubble that went intense recently due to insane increase in bitcoin price is indeed justified. Thus, many are comparing it with the famous .com bubble.

But bitcoin is not a company that can fail. Bitcoin is not centralized that can be controlled or crunched by banks or governments. Bitcoin is providing a completely different outlook to financial landscape. I believe, to measure bitcoin growth using available economic indicators is wrong. Bitcoin is like a revolution that have given people monetary freedom from centralized institution (that a person would never have realized). Bitcoin might not be extensively being used as currency but people are parking their dollars in it to save their money from fiat inflation that we have seen recently in Zimbabwe. So, many have followed!

Bitcoin is certainly not a bubble! "

hope it can give you answer , i think that just correction price and will grow up later

Strange how this word, "Bubble" pop up with every dip we have in the price. People ignore the global stock market crash and think that it will not have an impact on the Bitcoin price. People should consider the bigger global picture, before they smack talk Bitcoin. ^grrrrrrr^

Keep the "Tulip mania" and the "Bubble" smack talk for the global markets, because they are long overdue for a correction. I predict that some more "blood" will flow on global markets.

I don't believe this statement since Bitcoin is currently been used by people and businesses. In this way, it will bitcoin grow in the future. There are also btc atm developing and there are countries already accepting bitcoin as a payment.

In my own pot of view, bitcoin for me is not just a big bubble instead it is a solid big hit that is ready to burst anytime soon.
As for bitcoin have inconsistent pricing, it's price have given a chance to those learners and pioneers. Therefore, a lot of pioneers go each day, anytime soon Bitcoin would surely create a big schock worldwide.

yes bitcoin is something big bubble that is ready to burst anytime soon. It would surely leave shocked faces worldwide.

This question has been ask since bitcoin is conceived. But until now the bitcoin bubble as they say has not burst. They are just speculation to create fear among the bitcoin community. Right now bitcoin is rock solid and moving strong.

I do not believe bitcoin is fragile, bitcoin only fluctuate in price. At present bitcoin is being accepted by many countries, developing many convenient payment systems, if bitcoin will affect many economies in the world. My guess is that bitcoin will thrive in the future. Bitcoin can replace cash in many countries.

Such a thing is common in bitcoin, because in fact it must be like that. Bubbles will continue to occur while there are still conditions where bitcoin traders are more than bitcoin users, and the bitcoin trader's activity is monotonous (just buy and sell bitcoin), bubbles will form if the assets of investors planted dibitcoin swell due to rising bitcoin prices, and bubbles it will explode when investors withdraw their already profitable capital.

Bitcoin is NOT going away. Too much investment, too much potential.

I think it’s a bit expensive and slow in terms of buying something in a certain type of situation, like it’ll never be an option at a McDonald’s drive through for example.

But for eCommerce, heck yeah! And it would only take one big mecrchat to get the ball really rolling, I’m thinking Amazon or Apple should do the trick. If that happened then buying it at $9,000 would look like a bargain.

I just can’t see fiat being the ONLY way to pay 5-10 years from now 

I think that no asset or stock which would last for a high price for much longer time could be termed as a bubble and so bitcoin is not a bubble.

Fear and panick has catch the uninitiate. This is not the first time bitcoins have behaved this way. The only difference is that this time it went to 20000 and came back to 10000. nothing will happen. It will rise back.

Yes you can call it a big bubble,   It's quite a movement yet adoption of bitcoin are still in the early stages. But there is always a risk, this is the reason why you need to be diversified. Never try to put all your cash in a single investment.