Topic: Is Bitcoin the Biggest Bubble in Human History? - page 3. (Read 4065 times)
Bitcoin's value is unstable however I don't think cryptocurrency is just 'bubble'
If you believe that Bitcoin is a bubble then when do you think the time it will burst? Because i don't see any bubble that will burst for a long time period. Bitcoin is not a bubble and it will not burst as numbers of countries that adapting Bitcoin is increasing which mean that it is impossible for the Bitcoin to burst and disappear like a bubble.
I do not consider bitcoin a soap bubble if you look at the statistics of the growth of the market and the fall, now there will be a growth of bitcoin and why it is so worth it I think in the complexity of its extraction and in the great interest of large corporations
The market is finally showing some weakness after a wild post-election stock market run-up, and it's taking Bitcoin with it. At least so far.
Three years ago, Bitcoin was under $400, a price I thought was too high even then. As far as I'm concerned, Bitcoin has no intrinsic value and should be worth nothing. So why does anyone think it's worth thousands (and in some cases, millions) of dollars?
It's the theory of false scarcity. There are a limited number of bitcoins in the world and the usage of blockchain technology has assigned the ownership of each coin to specific wallets owned by individuals. So to take "ownership," I have to use the universal blockchain mechanism, accepted by all as valid, to transfer a coin.
This forum is dedicated to Bitcoin enthusiasts. Having a question is alright, but complete neglecting it is an issue here.Three years ago, Bitcoin was under $400, a price I thought was too high even then. As far as I'm concerned, Bitcoin has no intrinsic value and should be worth nothing. So why does anyone think it's worth thousands (and in some cases, millions) of dollars?
It's the theory of false scarcity. There are a limited number of bitcoins in the world and the usage of blockchain technology has assigned the ownership of each coin to specific wallets owned by individuals. So to take "ownership," I have to use the universal blockchain mechanism, accepted by all as valid, to transfer a coin.
Coming to your point,most things' prices goes up with their popularity. I would like to consider 2018 as the preparing period of what is coming next for Bitcoin.
Only the ones hanging around will get benefits then.
Bitcoin is not a bubble, Bitcoin develops with Blockchain technology. Potential and great application in the future. Bitcoin is the change.
never more than 21 million Bitcoins, as well as technological innovation, will be the basis for securing the long-term value of these digital coins. Bitcoin will not be Bubble.
If we will look back what had been the movement of bitcoin value last year when it reached $20,000 maybe i will consider calling it a bubble,and since that was huge then yes,thats the biggest bubble of the history so far,nothing can be compared to this in lifetime.imagine how big was that considering to be a digital currency ,and no physical assurance
of course it may seems to be a bubble, but it is no guys, lot of tech inside Bitcoin project 
Cryptocurrency creates new values without any underlying principles, all based on the psychology of the masses. Especially Bitcoin, it can become the biggest Bubble.
Probably that bitcoin is the biggest bubble in human history. It pops out when its size gets bigger. However, once it pop out another bubble will going to start and grow again. So bitcoin is an endless bubble that will always pop out and there will be new bubble to start again. This will be linked to market price volatility of bitcoin. Once it reached its higher market price it will definitely falls down again where most of the investors will going to sell their bitcoin holdings.
Bitcoin price is too high, Bitcoin's capitalization is huge. Bitcoin was born just over 9 years. No one knows how high the future of Bitcoin will be. This bubble is too big.
yes. You're right. Last year, Bitcoin is a bubble but it doesn't matter. It is still not the biggest bubble in human history
Crypto may be a bubble in the end, just like the rest. But I am 100 percent sure that it is not the biggest. It is not even the second biggest, or third, or fourth biggest. It is in fact one of the smaller bubbles. What I can think of right at this moment is that the banks and the banking system that we have right now are one of the largest bubbles of human history. And that would include our fiat money. That is one laughing matter in the years to come in our civilization. Actually, right now, it is already funny how humans are so engrossed with it when it is but a mere invention of the powerful elite.
We may consider bitcoin to be one of the largest property balls in the world, with the market surging and suddenly changing. Bitcoin - the greatest bubble in history - is about to explode.
It's obviously not as big of a bubble in dollar value or participants the real estate market or dot com, so this writer must be talking about the percentage drop.
But it's not even as big of a percentage as previous Bitcoin drops.
So a more accurate title would be " Bitcoin, the Biggest Bubble in History, is popping again."
But it's not even as big of a percentage as previous Bitcoin drops.
So a more accurate title would be " Bitcoin, the Biggest Bubble in History, is popping again."
The market is finally showing some weakness after a wild post-election stock market run-up, and it's taking Bitcoin with it. At least so far.
Three years ago, Bitcoin was under $400, a price I thought was too high even then. As far as I'm concerned, Bitcoin has no intrinsic value and should be worth nothing. So why does anyone think it's worth thousands (and in some cases, millions) of dollars?
It's the theory of false scarcity. There are a limited number of bitcoins in the world and the usage of blockchain technology has assigned the ownership of each coin to specific wallets owned by individuals. So to take "ownership," I have to use the universal blockchain mechanism, accepted by all as valid, to transfer a coin.
Three years ago, Bitcoin was under $400, a price I thought was too high even then. As far as I'm concerned, Bitcoin has no intrinsic value and should be worth nothing. So why does anyone think it's worth thousands (and in some cases, millions) of dollars?
It's the theory of false scarcity. There are a limited number of bitcoins in the world and the usage of blockchain technology has assigned the ownership of each coin to specific wallets owned by individuals. So to take "ownership," I have to use the universal blockchain mechanism, accepted by all as valid, to transfer a coin.
Probably. But I think it isn't because of the fact that no on owns bitcoins to start with. Meaning no one is accountable to bring down bitcoins because no one manages it. In fact, bitcoins are just far too big to fail from now on because it has developed itself well.
Makes sense, things that cannot be predicted when they will decline and rise again make Bitcoin will not be that easy to die
I don't think bitcoin is a bubble because I believe in bitcoin's future. For sure, bitcoin will have a bright future ahead.
Bitcoin is now a very calculated thing that everyone tries to get and also gets it, bitcoin has become an extraordinary investment commodity. The only difference is that Bitcoin is virtual and the other is physical. So we cannot say that Bitcoin or cryptocurrency has no value at all. It takes a while longer for BTC to reach the price.
During an interview with CNBC Fast Money, Novogratz explained that it is impossible for Bitcoin not to rebound to the $8,800 to $10,000 range. Over the last three days, the crypto market has added $25 billion to its valuation, triggered by the 100 percent increase in value of Ripple and strong momentum demonstrated by Ethereum.
The market is finally showing some weakness after a wild post-election stock market run-up, and it's taking Bitcoin with it. At least so far.
Three years ago, Bitcoin was under $400, a price I thought was too high even then. As far as I'm concerned, Bitcoin has no intrinsic value and should be worth nothing. So why does anyone think it's worth thousands (and in some cases, millions) of dollars?
It's the theory of false scarcity. There are a limited number of bitcoins in the world and the usage of blockchain technology has assigned the ownership of each coin to specific wallets owned by individuals. So to take "ownership," I have to use the universal blockchain mechanism, accepted by all as valid, to transfer a coin.
Three years ago, Bitcoin was under $400, a price I thought was too high even then. As far as I'm concerned, Bitcoin has no intrinsic value and should be worth nothing. So why does anyone think it's worth thousands (and in some cases, millions) of dollars?
It's the theory of false scarcity. There are a limited number of bitcoins in the world and the usage of blockchain technology has assigned the ownership of each coin to specific wallets owned by individuals. So to take "ownership," I have to use the universal blockchain mechanism, accepted by all as valid, to transfer a coin.
Probably. But I think it isn't because of the fact that no on owns bitcoins to start with. Meaning no one is accountable to bring down bitcoins because no one manages it. In fact, bitcoins are just far too big to fail from now on because it has developed itself well.
Makes sense, things that cannot be predicted when they will decline and rise again make Bitcoin will not be that easy to die
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