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Topic: Is Bitcoin now the biggest bubble of all time? - page 2. (Read 3003 times)

hero member
Activity: 896
Merit: 500
What should be known is that bitcoin is purely decentralized so that anyone cannot control, what happens with bitcoin in my opinion is natural, when demand is very high and stock is limited it will make prices skyrocket, but when demand decreases automatically the price drops.
sr. member
Activity: 980
Merit: 250
I think bitcoin can not call as a buble. Until now, bitcoin still traded in many market and many people still buying bitcoin. I think bitcoin case  if different compare with tulip mania because bitcoin having limited supply
People means by bubble was when bitcoin price reached all time high , and after crashing till the lowest price.but it does not mean bitcoin and cryptocurrency market was died.even more we will have new investors if BAKKT launched.there will many institution investors joining in this market.and ofc it will good news for us.
member
Activity: 756
Merit: 12
I think bitcoin can not call as a buble. Until now, bitcoin still traded in many market and many people still buying bitcoin. I think bitcoin case different compare with tulip mania because bitcoin having limited supply
full member
Activity: 770
Merit: 101
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?
It is really a bubble and the existence of this bubble is too short. it exploded and now it is starting again.
I think bitcoin will not die and will not become a bubble in the future. so investing in BTC now will bring real value and no strong manipulation takes place here. We will be safe and will not worry about its value being further reduced.
member
Activity: 322
Merit: 10
Many people trully called bitcoin as biggest bubble of all time ,but the truth is bitcoin has achieve a great milestone in many years now , some claimed bitcoin changed their life a lot , if bitcoin is a bubble then from the time it was launched it is already gone but up to now bitcoin is survive and stand strong even the odds it encountered for years, so bitcoin is not a bubble.
hero member
Activity: 1092
Merit: 501
Everything on this planet is a "bubble" destined to explode. And there are official "bubbles" that are much more explosive than bitcoins.
What we can do is try not to be nearby when the bubble really explodes.

Sure, everything can die finally. You can call it a bubble. As for Bitcoin, it is the greatest asset, and BTC is one of the best investments as soon as with time, BTC price will be only going up.

Exactly anything is bubble why will it last for 10 years and still their prices increases in the due course. This itself means that people who believe it to be bubble are still naive or do not want to understand the reason how it works and why it can play a vital role in coming years for the country's development and economy.

I don’t care what people says either they like or not but I truly think that it’s not bubble that will brush and end infect its reality of our life which has been growing since long for us  10 years are enough to understated bitcoin .
full member
Activity: 490
Merit: 100
When did it popped? Because as far as I know, it is seeing still standing strong on the coinmarketcap website. You should guys know that only few people will remain in the most struggling part of a disruptive tech so that is why we are seeing a decline in the value. Many people stay for the profit while few stay to see it succeed.
sr. member
Activity: 1792
Merit: 255
I don't think, what happened to Bitcoin because there are many investors who think to get big profits so that they continue to buy, besides that there are many hopes that with the number of users increasing, the future of Bitcoin will continue to improve.
full member
Activity: 812
Merit: 142
Everything on this planet is a "bubble" destined to explode. And there are official "bubbles" that are much more explosive than bitcoins.
What we can do is try not to be nearby when the bubble really explodes.

Sure, everything can die finally. You can call it a bubble. As for Bitcoin, it is the greatest asset, and BTC is one of the best investments as soon as with time, BTC price will be only going up.

Exactly anything is bubble why will it last for 10 years and still their prices increases in the due course. This itself means that people who believe it to be bubble are still naive or do not want to understand the reason how it works and why it can play a vital role in coming years for the country's development and economy.
full member
Activity: 1246
Merit: 102
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Although the value of Bitcoin is huge and it falls very fast, but I think Bitcoin is not a bubble like the evidence you mentioned. Because the cycle of Bitcoin's survival and development always happens. When it reaches a high price it will decrease and then continue. If Bitcoin is a bubble, it will break and not last as long.
the nature of crypto has a high volatile, so anything can happen, but indeed it is not a bubble. moreover the price is formed purely from the demand and supply that occurs, so that if many transactions occur then the price is easy to move
sr. member
Activity: 726
Merit: 250
Although the value of Bitcoin is huge and it falls very fast, but I think Bitcoin is not a bubble like the evidence you mentioned. Because the cycle of Bitcoin's survival and development always happens. When it reaches a high price it will decrease and then continue. If Bitcoin is a bubble, it will break and not last as long.
sr. member
Activity: 574
Merit: 253
Every time of course there is a trend, we all know that the most popular trend now is bitcoin, if anyone says bitcoin is the biggest bubble of all time because they never feel the benefit or are late in knowing bitcoin.
full member
Activity: 546
Merit: 100
Everything on this planet is a "bubble" destined to explode. And there are official "bubbles" that are much more explosive than bitcoins.
What we can do is try not to be nearby when the bubble really explodes.

Sure, everything can die finally. You can call it a bubble. As for Bitcoin, it is the greatest asset, and BTC is one of the best investments as soon as with time, BTC price will be only going up.
hero member
Activity: 1722
Merit: 528
Everything on this planet is a "bubble" destined to explode. And there are official "bubbles" that are much more explosive than bitcoins.
What we can do is try not to be nearby when the bubble really explodes.

Sure, everything can die finally. You can call it a bubble. As for Bitcoin, it is the greatest asset, and BTC is one of the best investments as soon as with time, BTC price will be only going up.

You are saying like it will happen though we are still not sure about that.

Predictions can be made and you can relate them to some announcements, to your analyzation of the price charts and price movements. It is true that everything will eventually die but I think you should not think about that. Bitcoin may live even after a long time and we might not be able to see that because we will be passing before that happens.
STT
legendary
Activity: 4102
Merit: 1454
The problem with comparison on that chart is the pricing for all those things existed long before they first tracking it on that chart.    Obviously we had tulips a long time before they rose in price and popularity greatly.
The point for BTC technology was it was never in existence prior and is unique as a sector not just another type of something

When they talk about biggest ever, I think they should probably take the pricing average over 2013 or a similar year as a starting point
full member
Activity: 490
Merit: 100
Everything on this planet is a "bubble" destined to explode. And there are official "bubbles" that are much more explosive than bitcoins.
What we can do is try not to be nearby when the bubble really explodes.

Sure, everything can die finally. You can call it a bubble. As for Bitcoin, it is the greatest asset, and BTC is one of the best investments as soon as with time, BTC price will be only going up.
full member
Activity: 756
Merit: 102
Yes, Bitcoin is a bubble in terms of financial relations, because it is not based on financial relations,
but on a new technology. For the means of payment this is not enough. However, no one knows what will happen to Bitcoin. He may die in a few days, or he may exist for centuries. Time will tell.
If bitcoin lasts that long then it was not a bubble, one thing that some people may miss is that when a new technology is created the volatility and the price movements are very similar to what you see in a bubble created by speculators, so I really believe that what we are seeing is something similar to that and many people which said that bitcoin is a bubble will have to recognize their mistake.

actually bitcoin already existed for nine feakin years and it is considered long enough to say that bitcoin is not really a huge bubble . people only mistaken it as a bubble because they dont consider the risk before they invest and now they loose . they know starting to blame bitcoin but actually that is thier own fault .  volatility is not a bubble but rather it is only an advantage in order for us to earn good income  as long as you know how to wait .
sr. member
Activity: 686
Merit: 250
Yes, Bitcoin is a bubble in terms of financial relations, because it is not based on financial relations,
but on a new technology. For the means of payment this is not enough. However, no one knows what will happen to Bitcoin. He may die in a few days, or he may exist for centuries. Time will tell.
If bitcoin lasts that long then it was not a bubble, one thing that some people may miss is that when a new technology is created the volatility and the price movements are very similar to what you see in a bubble created by speculators, so I really believe that what we are seeing is something similar to that and many people which said that bitcoin is a bubble will have to recognize their mistake.
sr. member
Activity: 826
Merit: 250
I believe so too. This fluctuative price of bitcoin is a problem, so I think it's possible for bitcoin to crash in any time. I totally believe that it's very risky to buy bitcoin at this rate. That's why I stick with altcoins now Cheesy
for me it could be because bitcoin is like a small and enlarged bubble and in 2009 until now I think bitcoin is still growing despite facing a lot of problems with dibitcoin problems
sr. member
Activity: 2464
Merit: 252
Yes, Bitcoin is a bubble in terms of financial relations, because it is not based on financial relations,
but on a new technology. For the means of payment this is not enough. However, no one knows what will happen to Bitcoin. He may die in a few days, or he may exist for centuries. Time will tell.
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