The bitcoin bubble is broken or not - page 2.

danivan7

jr. member

Activity: 152

Merit: 1

https://karatcoin.co

Quote from: daoquanghuan on June 20, 2018, 06:57:12 PM

Recently with the continuous decline of bitcoin many people think that bitcoin bubbles have broken. I do not think so and believe that bitcoin will be even stronger because:
The current market is too small to be called a bubble compared to other financial channels.
Institutional investors have not invested in crypto.
Countries are studying the legal framework for crypto, protecting investors.
Do you believe Bitcoin will continue to break this year?

I think so, but first don't worrie about price.
focus on development market.
merchant, and increase payment gateway I think is most important.
so price will up again naturaly

olubams

hero member

Activity: 798

Merit: 503

Quote from: daoquanghuan on June 20, 2018, 06:57:12 PM

Recently with the continuous decline of bitcoin many people think that bitcoin bubbles have broken. I do not think so and believe that bitcoin will be even stronger because:
The current market is too small to be called a bubble compared to other financial channels.
Institutional investors have not invested in crypto.
Countries are studying the legal framework for crypto, protecting investors.
Do you believe Bitcoin will continue to break this year?

Making statements like the bolded means admitting that bitcoin itself is a bubble and claiming that its not big enough means for something to be regarded as bubble, then some amount of volume needs to be met which is equally wrong. The latter part of your post is a perfect response to those who have concluded no matter the argument for or against their position will not change. Propose your argument and not prove their case for them.

Missterio

newbie

Activity: 308

Merit: 0

If you bought bitcoin last year for 1100, could say now that bitcoin bubble burst?

ddback

newbie

Activity: 2

Merit: 0

I think bitcoin can broken down by regulations, but it is certain cryptocurrency can be broken down.

rodskee

full member

Activity: 2520

Merit: 204

Quote from: daoquanghuan on June 20, 2018, 06:57:12 PM

Recently with the continuous decline of bitcoin many people think that bitcoin bubbles have broken. I do not think so and believe that bitcoin will be even stronger because:
The current market is too small to be called a bubble compared to other financial channels.
Institutional investors have not invested in crypto.
Countries are studying the legal framework for crypto, protecting investors.
Do you believe Bitcoin will continue to break this year?

I'm waiting what happen for bitcoin for this year difficult to give conclusion even if now in the middle of the year 2018 the signal of bitcoin in the market are to slowly for bitcoin become bubble their value, but of course i strongly believe bitcoin as currney is still strong.

BQ

member

Activity: 616

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CoinMetro - the future of exchanges

I think your first point is great, the market is very small. Apple has a 900b market cap, crypto as a whole has ~300b.
And that's including all the useless crypto projects!
Take the great crypto projects, add them up and give it a few years, how could that not be valued in trillions?

I think any market will experience growth and decline regardless of size, but to call it a bubble I'm not sure.

debopam.chanda

newbie

Activity: 24

Merit: 0

Every year Bitcoin is making new high. So I think it will rise again. However, we should be cautious and over invest in it.

Nerman

full member

Activity: 364

Merit: 107

Quote from: daoquanghuan on June 20, 2018, 06:57:12 PM

Recently with the continuous decline of bitcoin many people think that bitcoin bubbles have broken. I do not think so and believe that bitcoin will be even stronger because:
The current market is too small to be called a bubble compared to other financial channels.
Institutional investors have not invested in crypto.
Countries are studying the legal framework for crypto, protecting investors.
Do you believe Bitcoin will continue to break this year?

First I do not think that Bitcoin is in a bubble. To be honest the price rise we experienced last year is too parabolic that in sense the price will retrace to normal. I think there are a lot of people who lost their money because they bought at the top but remember during the same date last year the price is still up. People are just impatient.

nellakarisma

full member

Activity: 582

Merit: 101

damaged or not I also do not know. the obvious bitcoin prices are now still down. and now is the time to buy then conclude and become a millionaire in the future .

Mpamaegbu

legendary

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Merit: 1225

Once a man, twice a child!

Quote from: Anti-Cen on June 20, 2018, 07:00:33 PM

Miners broke it when they put fees up to $55 per transaction at the start of the year and all trust in the development team left the room and i cannot see it coming back EVER!

Give me Tulips from Amsterdam, better chance of getting a second run all these years later i thinks

You really think so that it won't come back up or you are just mouthing? I think the second option is it with you. And to even compare it to Tulips shows you truly don't know what is staked with Bitcoin. Anyway, every man to their own thoughts and decision. But I think those still calling bitcoin a bubble and forgetting the milestones recorded by the use of its blockchain tech in related spheres of life will regret not buying in at this dip. Soon, time will tell.

Hallmader

sr. member

Activity: 1123

Merit: 253

The Bitcoin bubble is neither intact nor broken because in the first place there is no such thing as Bitcoin bubble. Bitcoin is not an invention that suddenly came out of nowhere, or of the whims and imagination of some geek and hackers. It is a truly revolutionary innovation that will somehow give the people the freedom and the breath of fresh air that they badly need for a long time. The banks are suffocating us since their existence.

Dudeperfect

hero member

Activity: 1190

Merit: 534

Bitcoin is definitely not a bubble but a technology which is still in the development phase that means that Bitcoin might succeed or fail down the road but the intention is definitely not to steal people's money. Bitcoin is coming up with the disruptive model which challenges the traditional centralised infrastructure and hence there is a huge amount of criticism from those who have vested interest in the centralised system.

SistaFista

sr. member

Activity: 1638

Merit: 251

Hexhash.xyz

Do you believe that bitcoin is a bubble ? i personally dont believe at all. Bubbling and burst is occur usually only once.
Bitcoin was it high and low position at countless times, so it is not a bubble in my opinion.

Gurjasmeet

copper member

Activity: 196

Merit: 0

I think it is not justify name of bitcoin bubble whenever bitcoin has been popularity& brand name in market as earlier in the market & gave much more profit to the investors.bitcoin is also expand their business all of the world. so it is no chance will be failure in future.

newinbtc

legendary

Activity: 1190

Merit: 1001

Expected bitcoin price is 10,000$ , This price is low as per some famous predictors they said wait till December month and we will get our investment returns surely.

some people say this bubble cannot be generated again Details here
https://www.marketwatch.com/story/bitcoin-will-be-impossible-to-reflate-into-a-bubble-again-2018-06-14

the reduction of bitcoin price is several hacks on multiple exchanges. such as south korea exchange hack. No one can judge bitcoin price , anything can happen. just be faith in God and bitcoin we will get our investment returns as bitcoin is king of all currency , if bitcoin become zero all be be zero , that will happen never

BloodKnight

newbie

Activity: 78

Merit: 0

If you think that Bitcoin is a bubble, then this bubble is far from the edge of disillusionment. I think Bitcoin does have some bubbles, but it is not entirely a bubble.Bitcoin has experienced a six-month decline. I don't think there is any bubble in Bitcoin now.

Zin-Zang

member

Activity: 364

Merit: 13

Killing Lightning Network with a 51% Ignore attack

Quote from: daoquanghuan on June 20, 2018, 06:57:12 PM

Recently with the continuous decline of bitcoin many people think that bitcoin bubbles have broken. I do not think so and believe that bitcoin will be even stronger because:
The current market is too small to be called a bubble compared to other financial channels.
Institutional investors have not invested in crypto.
Countries are studying the legal framework for crypto, protecting investors.
Do you believe Bitcoin will continue to break this year?

Yep , down to ~$4000 as a baseline. But that may takes months before it drops that low.

CryptoRaymond

jr. member

Activity: 142

Merit: 1

I think you should correct the title. As you don't think bitcoin as bubble, you should emphasize on it. But the title reflects the possibility BTC bubble.

However, I believe that bitcoin is not bubble. It is still so young to judge as bubble or not. Besides we all have seen its prospect and demand in the market. People have earned a lot by investing here. But yes, who have invested here with zero knowledge, may treat this as bubble.

tylox

newbie

Activity: 30

Merit: 0

All bubbles burst once, but I think there will certainly be a few more.
I think the next one will come shortly before or after the next halving.

rawr1620

newbie

Activity: 91

Merit: 0

Bubble is not broken it is just the way it is. The prices will come back sooner or later and the prices will rise again but then again it will go down. It is unpredictable.

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