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Topic: Is bitcoin like a Bubble ? - page 4. (Read 874 times)

jr. member
Activity: 39
Merit: 2
February 22, 2018, 03:46:51 PM
If you are asking if Bitcoin is like a bubble, it's never a good because Bitcoin is a fast-rising currency, but it's a fast-rising currency, but moralizing and turning your Bitcoin into a bitch If you think Bitcoin is a bit more like a bubble, you're definitely going to get in the corner because Bitcoin is purely patience.
member
Activity: 182
Merit: 10
February 22, 2018, 03:43:46 PM
Yes maybe we can say that bitcoin is a bubble. Because we have seen dramatic increace in the price of Bitcoin and it broke $19000. So in a short time many people invested in bitcoin and then some whales sold their bitcoins. After that we have seen a big correction. But I think bubble will recover itself again. We have seen the same scenerio in 2013. If people use bitcoin in real life, there is no need to discuss about if it is a bubble or not.
newbie
Activity: 54
Merit: 0
February 22, 2018, 03:23:25 PM
People are considering Bitcoin as a bubble because there are too many investors investing in it and it makes a huge fluctuation when they're all withdrawing their money.
That situation will make a big change on the market and dropping from 20k$ to 10k$ in a month is a proof for it.
full member
Activity: 163
Merit: 100
February 22, 2018, 03:14:59 PM
Many people think that bitcoin is a bubble, it is blown to the highest value and will explode. But I do not think so, I think bitcoin is in trouble, the price of bitcoin is reduced but bitcoin is showing signs of recovery. Bitcoin has many benefits, more and more people use bitcoin. I think bitcoin is necessary in our lives.
full member
Activity: 2142
Merit: 183
February 22, 2018, 01:56:09 PM
Bitcoin becomes like a bubble when it grows too fast in price, as it was in December of last year, that is, when it grows in price almost at the expense of an agiotage speculative demand for it. If it grows slowly, it does not manifest itself. Therefore, the higher bitcoin rises in its value, the more cautious it is to be when investing in it.
hero member
Activity: 590
Merit: 500
February 22, 2018, 01:45:38 PM
many do not invest in bitcoin because they believe that this is a bubble. They have the right to think so, because those who have invested know that this is not a bubble
legendary
Activity: 1274
Merit: 1004
February 22, 2018, 01:42:48 PM
It depends on the market. Bitcoin is not actually a bubble as because it has some initial balance in it which is being fuelled by users like us. The Bitcoin price is not predicted randomly it is generated by the demand and supply in the market and the same goes for all the other altcoins. Suppose if someone text out like 1000 Bitcoin from the network then there is going to crash the price a lot maybe the price will become stable at $200 or $300. And as you know that every market has some spikes or sometimes the price gets frequently increase because of some rumors you can consider those moments as a bubble but Bitcoin is not a bubble.
newbie
Activity: 210
Merit: 0
February 22, 2018, 01:38:03 PM
Some people say bitcoin is like a bubble and it will burst one day.
Now current situation we can say its price is going down and down.
Is it true that bitcoin is like a bubble ?
some cryptocurrency market analyzers, all reminded to be careful with this bitcoin bubble phenomenon. The cryptocurrency trade is highly volatile and unpredictable.
full member
Activity: 238
Merit: 100
Presale is live!
February 22, 2018, 01:31:45 PM
When you look at a long-term graph of the Bitcoin price (I'm talking about 4+ years) you see clear bubbles and recoveries time and time again. So, even if this is a bubble it's going to recover and go up exponentially again after.
full member
Activity: 266
Merit: 100
February 22, 2018, 01:27:56 PM
If bitcoin has serious drawbacks in its use and at the same time it grows in price much higher than other promising coins that have even comparatively better qualities, then one can unequivocally say that people buy bitcoin because of the fact that it previously brought a significant profit by raising its price. In this regard, it can be unequivocally said that bitcoin behaves like a classic financial bubble.

Well, I guess your right. It may really seem like a bubble when you think about it but even so, that really does not define what it really is. It simply is something more than what you can see and I pretty much think that a lot of people will really do agree with my point. And I guarantee you that most of them will be veterans in this field. Just saying.
jr. member
Activity: 181
Merit: 1
February 22, 2018, 01:21:46 PM
#99
I don't think so
BTC need 5k$ to miner(average)
I think difficult to reduction more than 5k$
member
Activity: 126
Merit: 10
February 21, 2018, 02:12:02 PM
#98
It is not a bubble. It is different than the average market. It did go up but it corrected itself. If it was a bubble it would have just tanked. The retracement was healthy and needed to happen for it to not be a bubble. It is still projected to get to new highs, many people anticipating this.
member
Activity: 236
Merit: 10
February 21, 2018, 02:08:00 PM
#97
With much physical blockchain based project that is going on already we cannot say bitcoin is like a bubble. Bitcoin will soon get to the moon.
member
Activity: 378
Merit: 10
February 21, 2018, 02:06:24 PM
#96
Bitcoin can not be a soap bubble! It grows due to the increase in capitalization and the great demand of investors! Everybody understands that the development of the crypto market and the development of bitcoin can not be stopped! We see very rapid and strong progress! By this I think until the market does not stand still, as long as people invest in crypto, bitcoin will never go down in price!
full member
Activity: 266
Merit: 151
First crypto index traded as a token!
February 21, 2018, 02:05:51 PM
#95
Okay, bitcoin dropped from almost 20K to 6K. So everyone says bitcoin is a bubble. When the price increased to 12K in just a few days, is it still a bubble then? This is the volatility we know as one of the usp's from bitcoin.
sr. member
Activity: 431
Merit: 251
February 21, 2018, 02:04:46 PM
#94
no i dont think bitcoin is like bubble , many economic experts in their analysis assert that the Bitcoin is not an economic bubble and this is due to many reasons that deny this economic claim.
member
Activity: 213
Merit: 10
February 21, 2018, 02:00:30 PM
#93
Actually yeah it is like bubble which is growing at very fast rate which is a good news for the investors as they are having much more profit with that, So yeah according to my opinion people should invest more and more in bitcoins in order to gain more and more profit.
sr. member
Activity: 1274
Merit: 259
February 21, 2018, 01:56:28 PM
#92
It could be like a bubble now, but I want bitcoin to be air, which is always used by everyone and becomes an important part of human life.  Grin
sr. member
Activity: 462
Merit: 252
February 21, 2018, 01:48:38 PM
#91
stock market is a bubble do we persecute it ? , people loose millions on the stock market do we "villianise" it and encourage people to stay away from it as i see them Trying to do with bitcoins(with little success). Bitcoins are still very volatile because it has not" settled" because its still evolving but because of that very thing you can become a millionaire in a few days literally because as it becomes more and more rooted demand increases and once demand increases then the prices must also increase. to look on bitcoin as a bubble is really a simple minded way to view it and those who push this view obviously  know what it truly is and the potential it holds why else would they be going through so much to impress there opinion on the general populace .but let me play along and add this even if it is a bubble when the bitcoin bubble burst it creates new bubbles that then burst and creates new bubbles so in essence there will always be upward movement.
jr. member
Activity: 294
Merit: 1
February 21, 2018, 01:39:11 PM
#90
Yes, I think that bitcoin is a bubble. However, if you think about it, then any bank can be a bubble. Also it is worth adding that the bubbles do not always have a property to burst ... so we will count on the fact that bitcoin will not burst.
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