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Topic: The Profits and the Bubbles - page 3. (Read 1265 times)

legendary
Activity: 3472
Merit: 10611
September 06, 2017, 10:47:50 PM
#3
On the other hand, we are seeing so many warnings that Bitcoin is the best candidate for a bubble that can soon pop leaving many holders with empty bags.

many warnings, really? and where exactly are these warnings?
the topics the likes of kuwakduck creates in the speculation board? yes very reliable topics out of the mouth of someone who has been calling the doom of bitcoin with multiple accounts on bitcointalk and elsewhere.

and what are their reasons? calling it bubble just because you feel like it or just because you are scared that price has gone up faster than had anticipated does not mean it is a bubble.

time and time again bitcoin had corrections, big corrections and each time it recovered fast. a bubble doesn't have this attribute to go down 20% and then come back and continue rising. there are no 20% drops/corrections in a bubble.
hero member
Activity: 2520
Merit: 952
September 06, 2017, 10:41:28 PM
#2
Yes.
hero member
Activity: 490
Merit: 501
September 06, 2017, 10:38:12 PM
#1
According to my estimates, more than majority of us here in the Bitcoin community are here mainly for the possible profits we can gain out of its continuing growth. We are speculating that Bitcoin will continue on its rise for years to come. fortunately, Bitcoin has been a very good "investment" vehicle so far as we experience its astronomical rise.

Despite the many challenges thrown its way, Bitcoin has proven to be a very resilient and fantastic currency and asset. Right now, it is attracting big groups of investors with huge money on their pockets and this can mean more growth especially in 2018.

On the other hand, we are seeing so many warnings that Bitcoin is the best candidate for a bubble that can soon pop leaving many holders with empty bags. While being optimistic with Bitcoin, we are not closing our eyes to different gloomy possibilities as it is always good to be aware and be ready.

Are you mainly here for the profits?
 
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