Is the bubble bursting? | Bitcointalksearch.org

bhadz

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Quote from: nthnode404 on February 08, 2018, 08:06:38 PM

Unfortunately, some people seem to get some sort of satisfaction by spreading FUD and negative news.

They are not yet satisfied. Visit the Wolf gang's facebook page, I mean the Wolf of wall street and see his video created last February 7 as he "exposed" bitcoin is a bubble. This cunt has been the successor of Jamie Dimon.

Quote from: nthnode404 on February 08, 2018, 08:06:38 PM

It's like they feed off all the negativity.

Looking at their smile makes me want to stop them whenever I see them in person.

Quote from: nthnode404 on February 08, 2018, 08:06:38 PM

Either that or they are jealous of the people who have the courage to take a risk and that make a profit.

They are not jealous, they don't care if others will earn. What is important to them is they had spread FUD and they are happy about it so they can buy at dip.

Quote from: nthnode404 on February 08, 2018, 08:06:38 PM

Also, could be banksters who want to scare people away from cryptos and keep people imprisoned in the current fiat system where they have all the control and profit.

They are associated though.

DispatchLabs

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If there is any bursting of the crypto bubble or at least a bit of the air getting out, it will normalize and reduce the speculative craze, and hopefully result in more diligence on the parts of investors and regulators. Hopefully, an increase in scrutiny will not only reduce scams and frauds, but also allow actually viable, valuable technologies to succeed.

nthnode404

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Unfortunately, some people seem to get some sort of satisfaction by spreading FUD and negative news. It's like they feed off all the negativity. Either that or they are jealous of the people who have the courage to take a risk and that make a profit. Also, could be banksters who want to scare people away from cryptos and keep people imprisoned in the current fiat system where they have all the control and profit.

gabmen

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Quote from: Intersan on February 02, 2018, 05:58:11 PM

Quote from: Palmerson on February 01, 2018, 06:14:01 AM

I have one advice for such alarmists. Sell your few thousand Satoshi and don't spam the forum panic posts. Now bitcoin will be cleared from random people and the price will go up. Like OP will start to pollute the forum with posts about how good bitcoin and how to earn it.

Right, people keep on creating threads that talks about bitcoin getting low and threads with speculations that bitcoin will be on a dump again. It ain't helpul right? They should stop doing that because threads like that keep on being repeated. Besides from not being helpful it is also annoying already, I doubt if people need to open their forum accounts just to know the current status of bitcoin. Seriously, they could just open their wallets and be updated already.

Lol i noticed that too. Though in a way there's some point to behaving like that, probably because these people bought in close to ath. There's nothing certain at this point. It could hit below 5k or bounce back. The thing is if you don't believe in btc, then sell all your sats instead of sowing panic.

Intersan

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Quote from: Palmerson on February 01, 2018, 06:14:01 AM

I have one advice for such alarmists. Sell your few thousand Satoshi and don't spam the forum panic posts. Now bitcoin will be cleared from random people and the price will go up. Like OP will start to pollute the forum with posts about how good bitcoin and how to earn it.

Right, people keep on creating threads that talks about bitcoin getting low and threads with speculations that bitcoin will be on a dump again. It ain't helpul right? They should stop doing that because threads like that keep on being repeated. Besides from not being helpful it is also annoying already, I doubt if people need to open their forum accounts just to know the current status of bitcoin. Seriously, they could just open their wallets and be updated already.

Washball

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First crypto index traded as a token!

Next week we'll know if bitfinex and tether survived the US Commodity Futures Trading Commission hearing and if we'll see 'the mother of all bubbles' bursting.

nthnode404

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Technically, a bubble bursting is the bubble blows up completely and becomes totally useless. Cryptos have only deflated temporarily. Just wait and see, once Chinese New Year is over, this "bubble" is going to balloon to the moon!

dmamigo

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One can term it as a bubble burst, I would also say its similar to it. But bubble bursting would be like completely going to minimal value. That is hard, still hard to happen for now. Terming it as a crash would be far better and the right one. People is basically commenting and kind off creating fear which is creating the deadly fall.

bucciarati

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this is cross fire from media and institutions to try to stop the revolution of cryptocurrencies (not only bitcoin), it is getting fiercer because they now understand that the world is going to change and they struggle to not beign wiped out
i think the financial world will be very very different then today in the next decade, lot of banks will be hitted hard because of the mix between low/negative interest and luck of trust from individuals

Palmerson

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I have one advice for such alarmists. Sell your few thousand Satoshi and don't spam the forum panic posts. Now bitcoin will be cleared from random people and the price will go up. Like OP will start to pollute the forum with posts about how good bitcoin and how to earn it.

Xardasim

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Quote from: iRewa on February 01, 2018, 05:05:44 AM

It keeps falling right now its 9500, look at the charts zoomed out.

Please don't spread false information among biggest bitcoin forum members. When you zoom out the charts you see the whole picture with checking the view out of box. So the zoomed out version is not main source of this conclusion but you are right on some points. 9500$ is not support level for long term.

iRewa

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It keeps falling right now its 9500, look at the charts zoomed out.

eagleman

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Quote from: iRewa on January 31, 2018, 12:55:15 PM

Is the bubble bursting?
If you look at the btc charts it looks like a huge bubble that is bursting right now.

Bubble, bubble, bubble....... Okay come on the bubble has bursted, so what? Many are keep on describing bitcoin as a bubble and if you think that it has bursted then its a good time to buy right? But one thing, stock market is a bubble, fiat is a bubble and everything is a bubble, what will be the next bubble huh?

BrandeXMRLOVER

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This is not a bubble bursting...

CyberKuro

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Quote from: mahibul49 on January 31, 2018, 12:59:01 PM

i dont think bubble bursting.why you are thinking??bitcoin is in correction mode and its not bubble.

Corrected from $20,000 to $10,000 considered as bubble get bursting, even though it just a half.
a half? For big investors, it's ridiculous as they have lost 50% of their investment in 1-2 months.
Most people who entered the market when bitcoin reach the ATH feels the same thing. If bitcoin price suddenly increases significantly within a few days (again) surely it will fall faster than the rise.

iwishicouldfly

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Quote from: Jating on January 31, 2018, 03:48:42 PM

This bubble has been bursting since the last couple of years. They even says that bitcoin is already dead. But guess what, bitcoin is still alive and will remain, unlike those dotcom bubbles that really didn't recover AFAIK. This is just another test that bitcoin will overcome. We have seen this kind of bearish market every year and always rebounded the following month.

There's this FUD about the US regulators subpoena Bitfinex and Tether. When everything settles down, I'm sure that bitcoin will recovered and another positive reversal is in the horizon.

Dude, the internet is huge now, of course the .com bubble recovered but countless people lost massive amounts of money. Just because people have been wrong in the past doesn't mean it's not a bubble. Who knows but it has all the usual characteristics and warning signs associated with being a bubble.

Salicorne

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No the bubble is not bursting since there is no bubble. We had something like that last week and what happened ? We bounced back to 12 000 dollars !

globe-biz

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It is not a bubble it is a correction this is normal when the price shoots up 2000% in a year

Altero

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Quote from: Vektrum on January 31, 2018, 04:48:36 PM

Diagrams do not mean anything. Bitcoin, with its current cost of $ 10,000, is not a financial bubble, and therefore it can not burst. The bitcoin can inflate in its bubble and up to one hundred thousand dollars and will not burst at the same time, since it has a large margin of safety.

Even though bitcoin become a bubble and then burst doesn't mean that would be the end. It is definetely NO! We should not be worry for this, bitcoin still be alive together with altcoins. Bitcoin bringing crypto world into becoming popular worldwide and when it is still alive, bitcoin will still be in their position, it matters only their price.

Vektrum

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Diagrams do not mean anything. Bitcoin, with its current cost of $ 10,000, is not a financial bubble, and therefore it can not burst. The bitcoin can inflate in its bubble and up to one hundred thousand dollars and will not burst at the same time, since it has a large margin of safety.

Topic: Is the bubble bursting? (Read 565 times)