Topic: Is Bitcoin the Biggest Bubble in Human History? - page 5. (Read 4055 times)
I think gold is the biggest bubble in human history. Gold is an international reserve. But in terms of technology, bitcoin is the biggest bubble. Bitcoin has changed the international monetary system. Bitcoin hit a record $ 20000.
Right. Bitcoin is the biggest bubble in human history. Bitcoin has surpassed every imaginable human imagination. The bitcoin price has reached $ 20000 and in the future will be even higher. Bitcoin has strongly influenced the world economy and the world currency system.
Maybe it can be but not for now. To call bitcoin as "bubble" its price has to be 100k at least. We saw nothing so far, there can be a bubble in a couple of years but not now. Btc has still long road to run 
I used to hear that internet is the biggest bubble, now I don't hear it any more. Bitcoin is going to stay and strive.
The problem is not the bitcoin bubble, but it is in the exchange. The exchange is now almost like a bank that can adjust prices according to their wishes. so that bubbles will happen again like inflation at the central bank. we must know the history of money and how money (guaranteed gold) turns into a currency that has no value. Whereas Bitcoin is different, bitcoin is a digital currency that is not regulated by the bank but it turns out that fraud occurs in the exchange, then what is the solution?
I think that's because there are many bitcoin users in this world. Although there are still people in this world who don't use bitcoin and some even hate it. But I personally don't think about it.
Bitcoin is not a bubble. It's a new way to earn money sitting at home. But you can think as you will and never buy bitcoin.
I don't really know this, but I know if this can be beneficial to humans, I think bitcoin is a big bubble and will change people's lives.
Yes, maybe it's true that bitcoin is the biggest bubble in human history, but its difference from all the other bubbles is that it will never burst. It will grow more and more.
There are no financial bubbles that would not burst with time. If bitcoin is a bubble, and by all external signs it is, then it will vseravno someday burst. While with its use it is possible to work and earn money. The main thing is to feel the border when it will be necessary to switch to the use of another crypto currency. Therefore, the higher the bitcoin price rises, the more risky will be the investments in it.
Well ... I doubt it very much;)
The biggest bubble is the modern world financial system. Now this is a real bubble that is damn close to that of a lopun. So if measured in monetary terms, bitcoin did not get close to the dollar. There is something to think about ...)
The biggest bubble is the modern world financial system. Now this is a real bubble that is damn close to that of a lopun. So if measured in monetary terms, bitcoin did not get close to the dollar. There is something to think about ...)
Bitcoin is the biggest bubble in the cryptocurrency market because many people around the world still don't know Bitcoin. So leave the positive side of Bitcoin to the attention of investors and expand the scope of Bitcoin to crypto space.
If Bitcoin is the biggest Bubble, then many Investors are being fooled right now by Bitcoin. However, those people who keep on saying that Bitcoin is always wrong for many years. because until now, Bitcoin is existing and it will not burst out or be gone just like what other people are saying.
No, bitcoin is not a bubble and it will not burst, because with the help of bitcoin technologies we were able to achieve new goals and will achieve more in the future. The only bitcoin problem is its price, which always falls or grows and it may seem to many people in the form of a bubble. I think that while bitcoin makes a profit, it's unreasonable to call it a bubble, because its charms are not only in price but also in possibilities.
Bitcoin is one of the most well-crafted invention in human history.
Because all transactions here are anonymous and this is not impractical.
And many people get rich because of this because it's also a form of investment. Where prices may rise and fall.
Because all transactions here are anonymous and this is not impractical.
And many people get rich because of this because it's also a form of investment. Where prices may rise and fall.
Many call bitcoin a bubble because its market price got bearish but the happened due to media, governments and other financial reasons that we see today and among them government restrictions and media news are main reasons why bitcoin cannot grow as it want in the world to its full potentials and those two are the main reasons why its price is not increasing like we anticipated after its drop because governments use media to promote bad information to stop bitcoin from using it in the future and that has become a major reason for bitcoin price to drop
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.
Bitcoin can be mentioned as a bubble or a failure if it disappear from the cryptocurrency world forever by becoming its price to zero but that didn't happen and it is very far from happening at the moment when considering its expansion and the demand it is gaining even under pressure and many obstacles it had to face during this time and specially this year like no other and after this year we would see a huge progress in price of bitcoin
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.
if the asset is in demand in the world the more expensive it is valued. whatever the asset is hyped or inflated like a bubble, if it is not in demand in everyday life, it will quickly deflate in the modern rapidly developing world. 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.
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.
Why are you still hanging around on a forum, dedicated to Bitcoin, if you do not believe in the technology? What intrinsic value does other products and commodities have, other than the demand for it? Bitcoin's intrinsic value is linked to the weight of it's use case.
If you want to send money from one country to the next and you want to do it cheaper than MoneyGram or Western Union, then you use Bitcoin.
we can send it anywhere in the world at the same cost.
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