Is Bitcoin now the biggest bubble of all time? - page 13.

p i e c e

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Quote from: gusnulyadi on April 27, 2018, 10:25:12 PM

It is interesting to discuss this theme, I think bitcoin is not a bubble, given the bitcoin of the next evolutionary representation of banking and electronic payment systems, this is a form of the advancement of the times.In this case, bitcoin will not become bubbles, perhaps better described as the future ? If that makes sense.
That can come down to how many legitimate needs exist for technologies such as bitcoin. It is something that is not easily measured as far as I know. If there is a real and frightening need for bitcoin and crypto currency that will sustain their growth, it may not be a bubble at all.

Bitcoin is not sure a bubble. It is the greatest currency of all the times. I believe that even the most skeptical people will soon admit this real fact.

dolagani

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That's not the same. We are profiting primarily from bitcoin as it is our own currency, no one has absolute control about, allowing us to freely trade and invest. Earning from 'bubble' prices is by exchanging bitcoins to fiat at a higher price than it was bought. Leaving the cryptoworld ! And trading an asset.

Rustamm

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Bitcoin lover!

Bitcoin is still a small bubble. It will be great when it reaches large price values. If it bursts, then when its price will be very large. Well, for now, investing in it is not a particular risk. You just need not get carried away and be able to always stop in time. The other crypto currency of the small value of the characteristics of the bubble does not manifest and will exist for a very long time.

arifteguhr

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Quote from: carlisle1 on April 03, 2018, 11:20:35 AM

Quote from: Arabella.Theo on March 03, 2018, 07:54:36 PM

Bitcoin is knowwhere near the size of the dot com bubble. Not even a sniff

really nowhere the size of dot com bubble?wayback december last year yes it is,how it reachs the highest price it could ever with just a month.could you imagine how large is that amount and considering that its price has just pumped month before december then?bitcoin is bubble last december and that is the true?

indeed bitcoin will be bubble but now there are many factors that make it will be slightly reduced. many countries have agreed and made a special regulation for btc this means they can already see prospects in the future. that bitcoin will be successful

wewe123

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If bitcoin is a bubble after a while it will burst and then vanish, but bitcoin is growing very strong and establish a stable circulation in the digital world and gaining popularity more and more and expanding bigger and bigger in the digital world.so bitcoin is not a bubble.

alisa20172020

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I don't think bitcoin is the biggest bubble in history. People now like to compare the tulip bubbles in Holland in seventeenth Century and bitcoin to know that the current bitcoin has strong community support, and in the future it is likely that bitcoin is used by more people because of the development of block chain technology, I think bit. The community of money is still expanding, and there is not much bubble.

Spaffin

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By itself, bitcoin technology does not contain any signs of a bubble. However, when, due to the speculative speculative demand for it, it rose to $ 20,000 in December last year, it proved to be a financial bubble. Only those who do not want to see this do not see this fact. Bitcoin needs to be developed functionally, first of all, to make it so that it can be used for its intended purpose as a means of payment, that is, that it fulfills its direct functions of money. Otherwise, we, it turns out, grow unclear what is very high cost. What for? To console yourself with the fact that we have a lot of capital? However, it can depreciate completely in one day with this approach. This approach is very harmful to all the crypto currency, most of which are very useful for people.

gusnulyadi

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It is interesting to discuss this theme, I think bitcoin is not a bubble, given the bitcoin of the next evolutionary representation of banking and electronic payment systems, this is a form of the advancement of the times.In this case, bitcoin will not become bubbles, perhaps better described as the future ? If that makes sense.
That can come down to how many legitimate needs exist for technologies such as bitcoin. It is something that is not easily measured as far as I know. If there is a real and frightening need for bitcoin and crypto currency that will sustain their growth, it may not be a bubble at all.

hispout

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Quote from: Pendularin on April 03, 2018, 10:33:12 AM

Quote from: 00DKM@ on April 03, 2018, 10:11:24 AM

When bitcoin starts to form and develop. These suspicions always appear overwhelming on the pages of most popular magazines around the world. They call it a bubble, a money laundering organization. And even call for a boycott of bitcoin. But the result, bitcoin away from the unknown doubts to the development and the incredible popularity. Compared to the market downturn, the bitcoin value is still a desirable figure in previous years. The problem here. The reason why Japan supports and accepts as a legitimate currency and applies taxation in bitcoin auctions on commercial sites? It depends on the instinct to see and think of each person. Wink

Yes, prices on bitcoin continue decreasing but not too fast and not totally called as a bubble.Bitcoin is slowly recovering its value because people believes that currencies still has a potential to be the future currency in all over the world, people think like this ,"I don't care about the prices on bitcoin as long as bitcoin still exist in a future".That's why people still hodl their currencies .

We can see a strong believer of people on bitcoins that they are willing to hold their coins until an unidentified time. They can rely on this confidence that bitcoins never ever goes down and will survive back. So seriously things aren’t that much bad as the media is telling about bitcoins. Yes prices are not getting up but this is normal. They are just usually in dip, and will just jump out soon.

yvesp110

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Quote from: carlisle1 on April 03, 2018, 11:20:35 AM

Quote from: Arabella.Theo on March 03, 2018, 07:54:36 PM

Bitcoin is knowwhere near the size of the dot com bubble. Not even a sniff

really nowhere the size of dot com bubble?wayback december last year yes it is,how it reachs the highest price it could ever with just a month.could you imagine how large is that amount and considering that its price has just pumped month before december then?bitcoin is bubble last december and that is the true?

this December we are expecting something larger than the previous December so price of bitcoin this year will be highest price ever, I think we should make more investments, trying to get the huge profit will be my first priority so I have planning to put my capital bitcoin at this time of low price to sell it later at the high price, so I am going to hold it and never let the market of bitcoin down, bitcoin is the reality of all rich people in my society for me it’s not bubble but all bubble of profit are make with bitcoin only.

carlisle1

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Quote from: Arabella.Theo on March 03, 2018, 07:54:36 PM

Bitcoin is knowwhere near the size of the dot com bubble. Not even a sniff

really nowhere the size of dot com bubble?wayback december last year yes it is,how it reachs the highest price it could ever with just a month.could you imagine how large is that amount and considering that its price has just pumped month before december then?bitcoin is bubble last december and that is the true?

SkvorNyc777

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I don't think that it is a biggest bubble ever - we'll probably see it cost 20.000$+ in future. It's a sign that it is not a bubble.

reynilynedago

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Quote from: jaysabi on December 15, 2017, 07:07:53 PM

The Dutch Tulip Mania is one of the most famous bubbles of all time, for the scale of the bubble, the scale of the collapse, and probably including the seemingly obvious nature of the bubble considering the extremely limited functional utility of tulips. Bitcoin has now surpassed the multiples of value appreciation at the height of the Tulip Bubble (and by a wide margin). While this itself is not proof that Bitcoin is a bubble or that a collapse is imminent, it's worth considering if there's a lot more risk buying at this price (currently bouncing around $17,000) than anyone on these boards seems willing or able to recognize.

Thoughts?

maybe ? but this bubble will give to all people to invvest more in a low price so they will get a money or triple money if they invest in a low price and then they will sell it in a low price yes this is a biggest bubble but this bitcoin is biggest and fastest to increase than other investments imagine just in a month it or day it will pump 1k or 2k usd.

Pendularin

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Quote from: 00DKM@ on April 03, 2018, 10:11:24 AM

When bitcoin starts to form and develop. These suspicions always appear overwhelming on the pages of most popular magazines around the world. They call it a bubble, a money laundering organization. And even call for a boycott of bitcoin. But the result, bitcoin away from the unknown doubts to the development and the incredible popularity. Compared to the market downturn, the bitcoin value is still a desirable figure in previous years. The problem here. The reason why Japan supports and accepts as a legitimate currency and applies taxation in bitcoin auctions on commercial sites? It depends on the instinct to see and think of each person. Wink

Yes, prices on bitcoin continue decreasing but not too fast and not totally called as a bubble.Bitcoin is slowly recovering its value because people believes that currencies still has a potential to be the future currency in all over the world, people think like this ,"I don't care about the prices on bitcoin as long as bitcoin still exist in a future".That's why people still hodl their currencies .

00DKM@

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When bitcoin starts to form and develop. These suspicions always appear overwhelming on the pages of most popular magazines around the world. They call it a bubble, a money laundering organization. And even call for a boycott of bitcoin. But the result, bitcoin away from the unknown doubts to the development and the incredible popularity. Compared to the market downturn, the bitcoin value is still a desirable figure in previous years. The problem here. The reason why Japan supports and accepts as a legitimate currency and applies taxation in bitcoin auctions on commercial sites? It depends on the instinct to see and think of each person. Wink

piter66

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I unquestionably concur with this, Bitcoin is nowadays on insecure circumstance wherever within the value could dump whenever in its most extremely unhealthy and also the pumping of the cash were too moderate, that makes completely different money specialists to worry and in addition the people that works and holds a profit who anticipates that for it'll air a superior value. The Affirmed crash of Bitcoin is not incomprehensible owing to the method that few nations has been forbidding Bitcoin to their states.

DreezHoly

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well going with he rates at which people are accepting and adapting BTC it might just one day be the greatest currency there is. its usega is widearnge and safety guaranteed is one of its most attractive features,yet its not even fully developed.

obinine

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I unquestionably concur with this, Bitcoin is at the moment on associate degree insecure circumstance wherever within the price might dump whenever in its most passing unhealthy and therefore the pumping of the money were too moderate, that makes totally different monetary specialists to be anxious and to boot the WHO|people that|folks that|those that|those who} works and holds a profit who anticipates that for it'll air a superior price. The thoroughbred crash of Bitcoin is not incomprehensible as a result of the means that few nations has been forbidding Bitcoin to their states.

jaysabi

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Quote from: BountyX on March 01, 2018, 05:28:43 PM

What you have displayed is a very nice chart, however one important bubble is missing: the current derivatives market, which in 2018 is amounting to I even don't know how many quadrillions of dollars. Bitcoin's bibble is just a little drop in the sea compared to that. You may have a much better perception by watching a ghraphic representation:

https://www.marketwatch.com/story/this-is-how-much-money-exists-in-the-entire-world-in-one-chart-2015-12-18

Derivatives aren't exactly a bubble because they aren't exactly assets. (Well, they are, but only under certain conditions.) They're essentially contracts, so to view the value of derivative contracts vs. asset prices isn't an even comparison. Derivative contracts pay out in certain situations, essentially a bet on whether or not something will happen (e.g. if the price of oil drops below $60 per barrel before 2018, you get paid money, and other contracts like that). Saying derivatives are a bubble is like saying Las Vegas is a bubble. It just doesn't make semantic sense because Las Vegas isn't an asset people are buying, it's an activity people are spending money on. That's not to say that derivatives, due to the amount of money involved, aren't a systemic global financial risk, because they absolutely are, but that's not the same thing as a bubble.

Arabella.Theo

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Bitcoin is knowwhere near the size of the dot com bubble. Not even a sniff

Topic: Is Bitcoin now the biggest bubble of all time? - page 13. (Read 2971 times)