is it a bubble? - page 6. | Bitcointalksearch.org

jaysabi

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Quote from: stevano on January 20, 2018, 07:00:29 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

A bubble is an asset whose price rises faster than the value proposition should dictate. Since bitcoin is an asset with no inherent value, the value ostensibly comes from one of two places: 1) utility to perform a useful function (value transfer or store of value) or 2) speculation that someone in the future will be willing to buy the asset off of you for more than what you paid for (the later idiot fallacy). Bitcoin was supposedly created to fulfill number 1, value transfer/store of value, but it is much MUCH more widely used for number 2, which makes it prone to inflated price due to hype, FOMO and the collective delusion that the price cannot go down for [insert any number of unsound reasons].

Because there is no reliable mechanism for shorting bitcoin (an equilibrium force in the market), price is pressure primarily builds in one direction without a reliable counter force (someone betting against the price by shorting), and this further tends to skew assets like this into bubble territory. The bubble pops much more violently in these cases than assets that can be shorted easily because the buying pressure suddenly disappears and then there is a rush to get out of the asset by dumping coins on a smaller pool of buyers.

wxa7115

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Quote from: stevano on January 20, 2018, 07:00:29 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

What people mean when they say something is a bubble is something that is growing too fast but that is very frail and that anything can make it collapse, by that definition bitcoin is not a bubble, bitcoin is anything but frail, if it was, the governments of the world could have figured out a way to destroy it already, the fact they are settling for regulation instead shows how resistant is bitcoin.

di.ako.toh

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Bitcoin is something that flap, with sudden up and down of price in the market. But the term bubble is i dont think it refers to bitcoin, because I see bubble that after a rapid increase it will just burst like its value will go down tremendously. While in, bitcoin it jas smooth trend that after a few minutes it goes up it will decrease, then increase again.

Jlimao28

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Quote from: stevano on January 20, 2018, 07:00:29 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

In my own point of view, they said that bitcoin is a bubble thing because it will instantly pop up. We never say that tonight it will vanish or it will stay forever. We don't know how it will end. Simultaneously, bitcoin's price also the reason why it is so called bubble. The speculations when it rapidly goes down boost to have fear in bitcoin. From now, bubble thing address in bitcoin.

johanesrobin

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Bubbles quickly enlarged then broke. it might be a simple sentence.
I feel the same fear with those beginners. Interest in Bitcoin must pass this stage. we are tested with confidence.
I am constantly looking for reasons to continue to believe in Bitcoin as the currency of the future.

alabnoman

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Bubbles have the potential to boost either new technologies or the Internet in the 1990s or by new innovative finance (such as financial engineering to make the 2008 financial crisis). Of course, Bitcoin is both a new technology and a major financial change.

mcguire1905

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Quote from: stevano on January 20, 2018, 07:00:29 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

It is possible that Bitcoin is a bubble -- One sign of a bubble is the absence of rational reasoning motivating buyers; they buy because the asset is going up.
Some say it will ultimately reach 100K before heading towards a major crash. And then its likely to rise again to yet an even higher amount than it was before.

Dheo

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Quote from: Poppy5555 on January 25, 2018, 05:22:14 AM

Quote from: stevano on January 20, 2018, 07:00:29 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

Bitcoin is a bubble of people entering into it. When there will be people more than the capacity of bubble, it will burst. And in the other case if its dip is for long time even then it is going to flop.

I don't think that bitcoin would go to failure, because Bitcoin will be with us in the next next generation ,maybe the price for now are not good but I'm sure bitcoin will recover it's price and will continue increase again.

cristin

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The bubble ekonomi ( economic bubble ), gelembung speculative, atau gelembung keuangan adalah “trade in the volume of with the price is very different dengan nilai intrinsiknya”. [ 1 ] [ 2 ] ( in other words: memperdagangkan products or assets with a price of higher than the value of fundamentalnya. )

herecomesjohnny

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Quote from: Bonsaiav on January 20, 2018, 11:58:51 PM

Crazy Bubble nor Bubble is a market phenomenon, when the price has fluctuated wildly toward an abnormal rise, and resulting in some speculation or assumption among market analysts by calling it Crazy Bubble or Bubble and some even call it "Christmas Tree" LOL.

I hope that one more bubble will appear this year like the last year highest value of the Bitcoin. The term "Christmas Tree" was unknown to me and it made me laugh. I ventured off the main thread - Bubble is happening commonly a couple times in a year. The crypto bubble is widely known today because high volatility and performance we had seen in 2017. The riskiest bubble is not the Bitcoin itself or the other cryptos but the property market that is making new standards as we speak.

greenchy

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It really looks like a bubble! It grows up now. But once all of it ends

Poppy5555

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Quote from: stevano on January 20, 2018, 07:00:29 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

Bitcoin is a bubble of people entering into it. When there will be people more than the capacity of bubble, it will burst. And in the other case if its dip is for long time even then it is going to flop.

metenjean

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Here is some references from google and wikipedia, and i do think searching from there is more easy than asking in the forums.
bub·ble
ˈbəb(ə)l/Submit
2.
used to refer to a good or fortunate situation that is isolated from reality or unlikely to last.
"we both lived in a bubble, the kind provided by occupying a privileged pied-à-terre in Greenwich Village"

https://en.wikipedia.org/wiki/Economic_bubble
An economic bubble or asset bubble (sometimes also referred to as a speculative bubble, a market bubble, a price bubble, a financial bubble, a speculative mania, or a balloon) is trade in an asset at a price or price range that strongly exceeds the asset's intrinsic value.

So basically a bubble is where an assets was traded in a price of range which many economist think that it is overvalued and will burst one day causing collapes to the economic system, there are lots of economics bubble sample as you will see in the wikipedia list such as tulips bubble, housing bubble and stocks bubble and recently bitcoin also added as a bubble mostly because of the volatility Grin

paul00

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Quote from: KluFf on January 24, 2018, 02:46:08 PM

many arguments and debate about that question.
when bitcoin started to pump up.
and many people say that it is a bubble .
for me i might say there is a scheme
where 1 person can control the price because he/she hold a huge amount of btc.
in order to control the dump .
and i think the bubble thing will not happen.
but the dump will still happen because that is the characteristic of any cryptocurrency.

I think It has a possiblity that this will happen bitcoin bubble because if the bitcoin will down into zero we have nothing to hold on like for example the bank close we has still insurance with it and can withdraw a certain amount. But all I can say it is too far that bitcoin will loose its value.

KluFf

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many arguments and debate about that question.
when bitcoin started to pump up.
and many people say that it is a bubble .
for me i might say there is a scheme
where 1 person can control the price because he/she hold a huge amount of btc.
in order to control the dump .
and i think the bubble thing will not happen.
but the dump will still happen because that is the characteristic of any cryptocurrency.

fulmetal08larz

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Bitcoin to be called a bubble is if the value drops to zero or close to zero which did not happen. Bitcoin is in a development in progress to achieve its full potential to become the future of the world's financial system and it is just starting to gain its momentum. The recent price drop we experienced is just bitcoin showing its true value shedding off those who have weak hands in the market.

Carlsen

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Bubbles have the nature to popp when they get too big.
Bitcoin did not popp, at the moment it has a bearish/decreasing phase. And that is something very normal in economy.
To me even the fact that the bitcoin price decreases, or at least how it decreases shows that bitcoin has has become a part of the worldwide approved economy.

TTITA

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Bubble can be means when it has been overvalued, it will be burst and value back to basic. But, by datas of 21M total bitcoin, there are about 80% has been mined and still 3-4M left. I think it's still enough for miner to gain profit from it as the price still enough to increasing. But in fact, since many country are banning and limiting activity of both Bitcoin exchanges and miner, they are starting to regulated with charging high tax from electricity and transaction gained belong. These could be one of reason many miners are leaving it. Holding all your coins asset are good advise for now, because many people should be waiting for safe signal for buying more coins.

krishnapramod

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Bubbles happen when something is overvalued and the current growth isn't sustainable. Rather than utility, speculators invest into an asset only taking the price into consideration and when an asset's growth is primarily-driven by speculation it is in a speculative bubble. We have already seen that at certain intervals Bitcoin behaves like a bubble, when speculators artificially inflate the price, there obviously comes a period of correction/decline to normalize/stabilize. Less than 1% of the world population uses Bitcoin, still in the price discovery process, volatility, speculation, but until Bitcoin's growth is primarily driven by its utility, there would be times where the valuation wouldn't be sustainable and people coming with analogies like tulip mania, bubble theory, no intrinsic value, just numbers.

Ailmand

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Quote from: stevano on January 20, 2018, 07:00:29 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

When they say "bubble", they are referring to bitcoin as something that won't last long. It may be good and fly for a short time, but eventually, it would pop or burst, which equivalent to it losing value. I think many are claiming or believing that due to the aspect that cryptocurrencies are so volatile; it may go up and down at any time, and thus the value of many coins may change without notice or warning, which could be affected of a thousand or a million reasons governing the market. I think since it has been present for a decade, it should be considered as a bubble anymore because so many things have already happened to it, and evidently, it still survives.

Topic: is it a bubble? - page 6. (Read 898 times)