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Topic: is it a bubble? - page 3. (Read 954 times)

hero member
Activity: 1400
Merit: 536
February 05, 2018, 05:52:04 PM
I do not think Bitcoin is a balloon, bitcoin is a ponzi, maximum 2 years is the end, a currency that has existed for almost 10 years, can not be ponzi.
newbie
Activity: 36
Merit: 0
February 05, 2018, 05:48:26 PM
it is a bubble onlyifenough people beliveit'sa bubble, like everything else in the world, if we all start to say that googleis a bubble we might take google down
sr. member
Activity: 659
Merit: 250
February 05, 2018, 05:14:45 PM
many people say that bitcoin bubble, honestly I still do not understand what is meant by the term bubble earlier?

until now I am still curious

To admit that most of us didn't know what that term actually means. Personally i admit that i didn't know what was the exact thing that its pointing out, what i only know in my own is Bubble means a pop so many people say that bitcoin is one pop only and it will end that is likely a mirror to the price right now.
member
Activity: 183
Merit: 43
February 05, 2018, 04:02:46 PM
As long as all you can think of it is its USD value and your only hope is to buy for few USD and sell for more USD, then it's a bubble... and this isn't valid for Bitcoin alone, this is as valid for Bitcoin as it is for gold, oil, potatoes or any asset you're inventing in.
Bitcoin is money on its own, you shouldn't be thinking on "how much USD (or other fiat) I'll get with this", but "what's the purchase power of Bitcoin", how many potatoes can a Bitcoin buy, how many Bitcoins it take to buy a house... basically what you do with USD (or whatever fiat is legal tender where you are).
sr. member
Activity: 882
Merit: 251
February 05, 2018, 12:34:49 PM
Maybe someone thinks of it as a bubble because the price of each altcoin has a fluctuated movement So that the market when it is able to become red and green from where one assumes that altcoin is not always increased continuously.

Probably you are right. But it is not smart to compare Bitcoin and a bubble, as bubble will burst once, and Bitcoin will not.
hero member
Activity: 1694
Merit: 541
February 05, 2018, 11:56:14 AM
many people say that bitcoin bubble, honestly I still do not understand what is meant by the term bubble earlier?

until now I am still curious
There is nothing wrong in learning new things and if you are learning new things at the cost of loosing your money ,you will remember that for the rest of your life  Tongue, the rally was too steep and the market is taking a huge hit now with negative news every day which is dragging the market down and expect the market to be like this until every country come up with their regulations .
member
Activity: 378
Merit: 10
February 05, 2018, 10:14:14 AM
many people say that bitcoin bubble, honestly I still do not understand what is meant by the term bubble earlier?

until now I am still curious

They called it bubble because bitcoin drastically increases its value in a short period of time and predicted that it will collapsed because the spikes of the value is only a results from speculation and manipulation of market behavior. Until now the bubble didn’t burst and bitcoin is still functioning.
It is pure FUD from the people against bitcoin spreading wrong information to knock-out bitcoin existence.
member
Activity: 364
Merit: 10
February 05, 2018, 08:38:01 AM
When people say it's a bubble, they mean that it's not real. People who does bitcoin knows that Bitcoin is not a bubble or a fraud. So, if you yourself have gained from bitcoin, you should know that it's for real.
That bubble term is came from the critics of Bitcoin giving FUD to distract people not to invest in cryptocurrency. Ever since, Bitcoin has a surname of bubble. Yet no evidence to prove it.
full member
Activity: 336
Merit: 100
February 05, 2018, 08:23:14 AM
many people say that bitcoin bubble, honestly I still do not understand what is meant by the term bubble earlier?

until now I am still curious

Yes it is a bubble because we don't see the stability of its value so far, Day by day it fluctuates and investing on it are very risky, In the opposite side it will give you good profit when the transaction runs smoothly, To the Moon:)
full member
Activity: 182
Merit: 120
February 05, 2018, 08:09:02 AM
Some people compare bitcoin with bubble, due to buble's characteristic of being blown up to its biggest form and there will come a time that it will just burst out. In relation with bitcoin that hit its highest value and noe experiencing its lowest price. But I don't think it will be gone just like a bubble.
newbie
Activity: 28
Merit: 0
February 05, 2018, 07:02:02 AM
#99
It is a way of speculating about something that causes fears and fears within investors, who feel threatened by bitcoin, what they want is for people to think that, to convince us that if it is a bubble and we stop investing, for that They have caused all this collective withdrawal.
jr. member
Activity: 126
Merit: 1
February 05, 2018, 06:39:53 AM
#98
When people say it's a bubble, they mean that it's not real. People who does bitcoin knows that Bitcoin is not a bubble or a fraud. So, if you yourself have gained from bitcoin, you should know that it's for real.
legendary
Activity: 1526
Merit: 1179
February 05, 2018, 06:15:12 AM
#97
I think that $20k for 1 BTC is still far from the highest limit Bitcoin can reach and even far from the reasonable price which it can get in the nearest future (which imo will be close to $100k).
The future potential of Bitcoin has always been there. Even at sub $1000 levels people were speculating about $100,000 and that's still the same. Short term things are a bit different, and we can't ignore the overbought market.

At that point it was all due to the future market as people were expecting it to be the next big thing in regards to being a price booster. And honestly speaking, potential entry of institutional investors is bullish.

Turns out, just the initial speculation was a major price booster, and everything happened afterwards was nothing more than the market readjusting itself to more appropriate levels. Either buy or keep hodling, and have patience.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
February 05, 2018, 06:03:15 AM
#96
Something can be called a bubble if it is valued a lot but in fact has from little to no value in itself. Just yesterday I watched a mockumentary called The Great Contemporary Art Bubble where they stated (jokingly) that most of the modern art paintings are highly overvalued, but still the price is rising and the paintings  keep selling for millions USD. IMO Bitcoin has much more real value in itself than any of the paintings, especially in the future to come. I think that $20k for 1 BTC is still far from the highest limit Bitcoin can reach and even far from the reasonable price which it can get in the nearest future (which imo will be close to $100k).
jr. member
Activity: 266
Merit: 7
February 05, 2018, 02:05:26 AM
#95
In a next few years , cryptocurrency 'll survive and still grow , but yeah , i think it's also a bubble , blockchain is a future , but the value of cryptocurrency 'll be corrected like others bubble before
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
February 05, 2018, 05:22:20 AM
#95
It is not a bubble, the bitcoin and other cryptocurrencies are fast in growing and they are keep on saying that the cryptocurrencies like bitcoin is a bubble but in the reality, it is not, they are just volatile so it looks like that the market is a bubble because the price is changing faster than what the others speculate and that made them think that bitcoin is a bubble.
newbie
Activity: 28
Merit: 0
February 05, 2018, 01:46:50 AM
#94
A bubble is when the price of something increases abnormally way past its speculative forecast and drops down abruptly to an extremely low price as a result. Bitcoin has been looked at by people as a bubble because of its vast increase in price over the year which is speculated to "pop" anytime soon. But with this being said, Bitcoin is proving that it is not a mere bubble given how it has stayed strong as a cryptocurrency over the years, its extremely volatile nature comes from the fact that it is decentralized and is unregulated.
sr. member
Activity: 1512
Merit: 316
February 05, 2018, 01:20:08 AM
#93
No, it is not a bubble. There is just correction going on and everything will be alright soon. Those who say bitcoin is a bubble is a critics if bitcoin.

Correction do come and it happens every year. So we do not need to panic and sell all the coins. Infact try to buy more coins at this discounted rates. And those who think it is a bubble so let them think and hope they do not invest in this market then because once it will rise then they would feel bad that why dint they invest now and they could have easily made multiple times returns in coming months from this crypto currency.
newbie
Activity: 210
Merit: 0
February 05, 2018, 01:15:39 AM
#92
No, it is not a bubble. There is just correction going on and everything will be alright soon. Those who say bitcoin is a bubble is a critics if bitcoin.
full member
Activity: 798
Merit: 104
February 05, 2018, 12:04:57 AM
#91
i think bitcoin is a bubble but i like bitcoin.


Well, many people have come to a point the bitcoin is a big bubble or shall we say that it's over the crypto currency. But for me it's not, just because of the value in a market having down fall. The volatility of bitcoin is a just a usual play because they have been base on the demand and supply in a market.
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