Why call it a bubble if it had not yet exploded.
That moment and after that we can call it a bubble but for now it is just simply a currency which took a hard course and still go way up.
They can call it whatever they want but still this are all just speculation.
If one can tell it is really a bubble then he can show his proofs and people will be the one judging it if it should really be thought like that.
Topic: Stop Calling It A Bubble. - page 4. (Read 3573 times)
Bitcoin still have problem with limited blocksize and high tx fee while bitcoin price keep rising and some altcoin price keep rising even though they don't make any changes.
I'm sure some of these altcoin price will dropped when investor got bored and bitcoin price might crash if upcoming scaling turned out to be a disaster.
So, i think we might in bubble
I'm sure some of these altcoin price will dropped when investor got bored and bitcoin price might crash if upcoming scaling turned out to be a disaster.
So, i think we might in bubble
Stop calling the recent expansion of the cryptosphere a bubble. We are not in a bubble. We are simply experiencing the rapid expansion of a nascent technology with new entrants and their fiat entering the market. A bubble is when everyone is talking about cryptos, e.g. your taxi driver, the bellboy, etc. Outside of my close circle of tech colleagues zero people are talking about Bitcoin.
I couldn't agree more. There's just a lot of new money flowing in, and in combination with the limited supply of BTC (21 Million ever) it is bound to continue to grow exponentially.
It is indeed not a bubble, in fact we've only just begun, expect much greater growth in the near future.
It might turn into a bubble anytime if some "investors" or early adopters reached their point and earned what they wanted and if they decided to cash out at one time. Although it seems that it is rising "stable" if you might call it that way, but to be honest nobbbody knows, nobody can predict the market let's sit and enjoy the ride and see where it ends.
To me, the ascending price is just an upwards correction, aka the price catching up to what the value of bitcoin would be had there not been any negative events/news/roadblocks. More and more people (general public, businesses, inestors, speculators, institutions, developers, entrepeneurs, etc) are recognizing Bitcoin's many potentials as well as it's resiliency and have decided to jump on the train.
So yeah, until there is an actual "POP" i.e. the price crashes spectacularly to at least the low hundreds or lower and fails to recover, not a "bubble."
So yeah, until there is an actual "POP" i.e. the price crashes spectacularly to at least the low hundreds or lower and fails to recover, not a "bubble."
Basically, you're saying it's not a bomb unless it explodes =D. Friendly jibe, don't worry!
The bubble or non-bubble argument isn't important I guess. I think for the lack of solid reasons on this ATH pounding bull that it's a bubble (that may not necessarily burst). Point is, no one can say for sure where this is headed next!
Stop calling the recent expansion of the cryptosphere a bubble. We are not in a bubble. We are simply experiencing the rapid expansion of a nascent technology with new entrants and their fiat entering the market. A bubble is when everyone is talking about cryptos, e.g. your taxi driver, the bellboy, etc. Outside of my close circle of tech colleagues zero people are talking about Bitcoin.
Each time the price of something skyrockets in a very short period, public opinion splits into two options - "this is a bubble" and "this is a new paradigm". In reality, you never know for sure, the price is driven by so many factors, and the future, both distant and near, can be so unpredictable that there's simply not worth to seriously argue if it's a bubble or not. People should put their money where their mouth is and buy or short Bitcoin accordingly.
To me, the ascending price is just an upwards correction, aka the price catching up to what the value of bitcoin would be had there not been any negative events/news/roadblocks. More and more people (general public, businesses, inestors, speculators, institutions, developers, entrepeneurs, etc) are recognizing Bitcoin's many potentials as well as it's resiliency and have decided to jump on the train.
So yeah, until there is an actual "POP" i.e. the price crashes spectacularly to at least the low hundreds or lower and fails to recover, not a "bubble."
That's a twisted viewpoint--never heard of an upward correction, and I'm not sure that's legit. Nevertheless, it's hard to say with btc. Sometimes you can only identify a bubble after it's popped and splattered debris everywhere. I do think we're rising pretty damn fast. We'll see in maybe 2 years. So yeah, until there is an actual "POP" i.e. the price crashes spectacularly to at least the low hundreds or lower and fails to recover, not a "bubble."
True. I recently found a blog of when bitcoin was at 100$,I think it will go to10k and 100k soon , definitely not a bubble.
Megaupload2.0 and Bitcache's launch will be this august, price will increase exponentially and bitcoin will consolidate as the best currency.
Megaupload2.0 and Bitcache's launch will be this august, price will increase exponentially and bitcoin will consolidate as the best currency.
Private Beta will not push mainstream adoption, so let's be realistic about this. I think the spike in the price has to do with mainstream adoption in
Japan and also the Chinese exchanges that are more active. I also think with more people trading between Alt coins and Bitcoin, we are seeing a
push in the price. After the 1st of August, the sparks are going to fly.
True. I recently found a blog of when bitcoin was at 100$,I think it will go to10k and 100k soon , definitely not a bubble.
Megaupload2.0 and Bitcache's launch will be this august, price will increase exponentially and bitcoin will consolidate as the best currency.
Megaupload2.0 and Bitcache's launch will be this august, price will increase exponentially and bitcoin will consolidate as the best currency.
Private Beta will not push mainstream adoption, so let's be realistic about this. I think the spike in the price has to do with mainstream adoption in
Japan and also the Chinese exchanges that are more active. I also think with more people trading between Alt coins and Bitcoin, we are seeing a
push in the price. After the 1st of August, the sparks are going to fly.
To me, the ascending price is just an upwards correction, aka the price catching up to what the value of bitcoin would be had there not been any negative events/news/roadblocks. More and more people (general public, businesses, inestors, speculators, institutions, developers, entrepeneurs, etc) are recognizing Bitcoin's many potentials as well as it's resiliency and have decided to jump on the train.
So yeah, until there is an actual "POP" i.e. the price crashes spectacularly to at least the low hundreds or lower and fails to recover, not a "bubble."
So yeah, until there is an actual "POP" i.e. the price crashes spectacularly to at least the low hundreds or lower and fails to recover, not a "bubble."
A bubble is when everyone is talking about cryptos, e.g. your taxi driver, the bellboy, etc. Outside of my close circle of tech colleagues zero people are talking about Bitcoin.
A bubble is when something's cost differs from its intrinsic value - a bubble can happen on something which is shockingly insignificant. Bitcoin's "intrinsic value" is extremely hard to define, so we could just call a bubble whenever the price rises extremely dramatically without much reason (such as now).Of course every time there's a bubble a huge amount of people convince themselves that this is not a bubble and that it's the new norm - otherwise it wouldn't be a bubble.
Bitcoin has had several bubbles already, and this time it's got some friends getting a big slice of the action. I wouldn't say it's quite a bubble for Bitcoin yet - it sure as hell is for a lot of pointless alts - but it's definitely on the verge of one and hovering around the point at which I'd call it a bubble.
True. I recently found a blog of when bitcoin was at 100$,I think it will go to10k and 100k soon , definitely not a bubble.
Megaupload2.0 and Bitcache's launch will be this august, price will increase exponentially and bitcoin will consolidate as the best currency.
Megaupload2.0 and Bitcache's launch will be this august, price will increase exponentially and bitcoin will consolidate as the best currency.
Stop calling the recent expansion of the cryptosphere a bubble. We are not in a bubble. We are simply experiencing the rapid expansion of a nascent technology with new entrants and their fiat entering the market. A bubble is when everyone is talking about cryptos, e.g. your taxi driver, the bellboy, etc. Outside of my close circle of tech colleagues zero people are talking about Bitcoin.
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