Topic: Is Bitcoin the Biggest Bubble in Human History? - page 4. (Read 4055 times)
in my opinion. we can say bitcoin like that, bro. because if we look at it from 2017. the price of bitcoin in just a few months the price went up soaring high into the air. but after entering 2018 bitcoin prices fell back to the present
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.
You must first know the definition of the word "Bubble" if you can see bitcoin is running and developing for 9 years and you said that it is a bubble, for me, Bitcoin is a technology and economy innovation for the world because now it is the first virtual currency that is being used and accepted by different stores, merchants, companies and even banks so if the people is still using it the "bubble" will not disappear in thin air.
BTC and blockchain are new technological revolutions, not bubbles!
The emergence of Bitcoin has changed the existing financial system! BTC is an important weapon against the sovereignty of sovereign countries!
The emergence of Bitcoin has changed the existing financial system! BTC is an important weapon against the sovereignty of sovereign countries!
I think in the cryptocurrency market, the price of bitcoin is up and down is obvious so it does not deserve to be called a bubble. Bitcoins are always valuable, if bitcoin does not exist, there will be no other cryptocurrency coin. Bitcoin has existed for many years and it remains the king in the cryptocurrency market.
Then why do you cryptocurrency? You signed up here and Cheep in a branch about Bitcoin that you do not believe in it. Perhaps you just need proof of the value of Bitcoin? Are you afraid to spend money to invest and burn? It is strange that you doubt bitcoin, but do not doubt the usual banks with paper currency.
Those who are haters of bitcoin and cryptocurrency will not stop spreading fake news about bitcoin, especially now that the bitcoin price value is falling ,they will ride in the latest hot news about market price falldown and spread fake news that bitcoin is dying, but for bitcoin and crypto followers just never mind them,they even say it is a bubble but for now is going very popular.
After the development of technology, and the accompanying new forms of finance. With the fluctuation of the price in a short time, Bitcoin has the essentials to become a new dotcom financial bubble. The growth of bitcoin and decentralized currencies has shown a strength. Big will change the way the world works that many big corporations and government can not anticipate. Bitcoin is the bubble, but also the future.
I don't know but I decided to buy $1000 worth which was a little over 2 BTC at the time, still holding
I think Yes, bitcoin was a bubble in the winter of 2017, but that's normal. There have been bubbles in the history of all assets because at the beginning it is not clear what the true value of the asset is. Especially this new asset like cryptocurrencies.
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 $400, a price I thought was too high even then. As far as I'm concerned, Bitcoin has no intrinsic value and should be worth nothing. So why does anyone think it's worth thousands (and in some cases, millions) of dollars?
It's the theory of false scarcity. There are a limited number of bitcoins in the world and the usage of blockchain technology has assigned the ownership of each coin to specific wallets owned by individuals. So to take "ownership," I have to use the universal blockchain mechanism, accepted by all as valid, to transfer a coin.
After what happened last December 2017 i can say yes,this coin is the biggest bubble world has ever had,jumping upto 12-14,000$ from $6,000 to 20,000 theres no doubt that this is a bubble history will ever record.but with whats the movement now this is the right market and right value of cryptocurrency
A bubble is an unjustified overestimation of an asset's price. But the fact is that the true value of bitcoin can not be determined, because it depends on the subjective assessment of each market object. Therefore, it is incorrect to call bitcoin a bubble. IMHO
If bitcoin really was a bubble, would it have gained such a spread around the world and investor confidence? And for so many years? Don't think. I believe in bitcoin, so I continue to support it.
After all, these price fluctuations do raise doubts about the reliability of bitcoin, but if you study it better, it becomes clear that volatility is a natural feature for this technology. Therefore, there is no reason to panic.
I think you are wrong that bitcoin is a bubble. Having read your message, I didn't see any fact that would speak about it. And while you're lying, bitcoin continues to evolve and thrive.
I don't really think that bitcoin is a bubble, of course last December it went up too much, for sure there has been some heavy manipulation, but that doesn't mean that everything is gonna end, we're still at the beginning of this.
I don't think that you are right when saying like this because btc has many pros and it is used in many spheres now and will be used later, i think we need to use it more as it has many benefits
I think otherwise. The biggest bubble in the history of mankind is fiat money. no one has so far understood what the endless issue of money can lead to.
the appearance of paper money after gold coins is the biggest Scam of mankind in the financial sphere. 
I think otherwise. The biggest bubble in the history of mankind is fiat money. no one has so far understood what the endless issue of money can lead to.
I think Bitcoin is not a bubble, it's a new technology. New technologies people do not immediately begin to trust, so there is a lack of confidence in Bitcoin. Already several times the price of Bitcoin fell dramatically and people started to say that it was a bubble, but then the price started to grow again and people again bought Bitcoins. I believe in Bitcoin.
And I still do not understand why many countries do not want to develop this technology. They tell people to quit dealing with Bitcoin as it is a scam or a bubble. BTC is the best and the fastest way to earn now.
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