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Topic: We're in a bubble (Read 10311 times)

full member
Activity: 476
Merit: 101
December 19, 2017, 09:00:05 AM
Whilst I don't think the bubble will burst until we hit a few trillion, at the current rate of growth we will hit that in March, which is astounding growth.

When that happens, you want all your money in the Alts that have a solid product and company behind them (The same way Amazon and Google did with the .com bubble)

pey
sr. member
Activity: 546
Merit: 251
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December 19, 2017, 08:39:27 AM
are there any predictions when the bubble is going to break??

i see that theres a chart that created by someone before that says were now on the bubble phase and it will  gonna break in a few days but that was before and why does bitcoin is still alive and kicking?  i guess those news that claims bitcoin is a bubble are totally hoax because its imposible for bitcoin to break or pop due to the demand that it gets from the public. bitcoin is verry useful and not just because it can be profitable but also it can be a big help to our country or community if bitcoin was used as a payment medium next to fiats.

I agree with that bubble idea however We are not close to burst, I think every little decrease in the prices of coins will lead to bigger pumps untill ??**
full member
Activity: 756
Merit: 102
December 19, 2017, 07:42:11 AM
are there any predictions when the bubble is going to break??

i see that theres a chart that created by someone before that says were now on the bubble phase and it will  gonna break in a few days but that was before and why does bitcoin is still alive and kicking?  i guess those news that claims bitcoin is a bubble are totally hoax because its imposible for bitcoin to break or pop due to the demand that it gets from the public. bitcoin is verry useful and not just because it can be profitable but also it can be a big help to our country or community if bitcoin was used as a payment medium next to fiats.
newbie
Activity: 28
Merit: 0
December 19, 2017, 07:28:41 AM
are there any predictions when the bubble is going to break??
member
Activity: 154
Merit: 10
DEm1CKDTViM1y9YmEcBaktNLWVx8rwuQUm
December 08, 2017, 04:56:15 AM
Ofcourse we are in a bubble and it is a bit scary the lightning speed of Bitcoin. What we have to do is to make sure that if the bubble explodes we land safely.
full member
Activity: 232
Merit: 100
December 08, 2017, 02:58:21 AM
Sure we are. But when it bursts and dust settles down, it'll still be higher than current all time high.
legendary
Activity: 1750
Merit: 1036
Facts are more efficient than fud
December 08, 2017, 02:55:17 AM
I think everyone with at least half a brain knows we are in a bubble. What's the reason of latest Bitcoin increase? 100s of thousands unconfirmed transactions? How about all these crowdsales and ICOs based on Ethereum? All these "exciting" projects? Why DGB is close to 900 satoshi? DOGE? My personal opinion is that the price of a coin (or whatever) should be justified with usage and I don't think that usage of digital currencies has increased THIS much. Don't get me wrong - I'm also excited with the latest BTC increase and everything, but I'm always thinking about the future and now I think it looks scary...

Sooner or later this will be true, you just missed it by a longshot.
sr. member
Activity: 336
Merit: 250
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December 08, 2017, 02:45:16 AM
I think everyone with at least half a brain knows we are in a bubble. What's the reason of latest Bitcoin increase? 100s of thousands unconfirmed transactions? How about all these crowdsales and ICOs based on Ethereum? All these "exciting" projects? Why DGB is close to 900 satoshi? DOGE? My personal opinion is that the price of a coin (or whatever) should be justified with usage and I don't think that usage of digital currencies has increased THIS much. Don't get me wrong - I'm also excited with the latest BTC increase and everything, but I'm always thinking about the future and now I think it looks scary...
Only when there is an explosion of this bubble then it will be scary. And now people do not think about such a development of events, so they have a fog before their eyes.
newbie
Activity: 14
Merit: 0
December 08, 2017, 02:34:15 AM
I know bitcoins since 2015, But i started investing since 2017 when bitcoin is around $1200 USD. Since 2017 June i am hearing that IT IS A BUBBLE it will explode soon. But when ?

Now BITCOIN reached to $18000 USD.
full member
Activity: 258
Merit: 100
Look ARROUND!
December 07, 2017, 10:10:29 PM
Yes, I have some same point of views with you. It is dangerous when investing in Cryptocurrency now because we don't know its real value. However, I think that we don't take care about "use" of coins. Crypto market like the Stock market, the price depends on the value of the effect of the company. So, we should focus on the effect of the project which releases the coin.
hero member
Activity: 686
Merit: 502
December 07, 2017, 07:02:41 PM
My altcoins sagged significantly, 15-25%. I do not know whether they will return to the previous course or not. Sad
full member
Activity: 798
Merit: 103
December 07, 2017, 07:01:19 PM
Bitcoin maximum price is unknown. So i think it is not really a bubble. The graphic may seems a bubble. But when people say that Bitcoin may attain $100'000 or $500'000, it means that there is still a lot of time before bitcoin reach thoses values and also that people believe that thoses prices can be reached by bitcoin. So don't be afraid and just watch the price increase. The demand of bitcoin is bigger than people selling it. It may become a problem if there is more sellers than buyers but it is not the actual case for bitcoin.
full member
Activity: 294
Merit: 100
December 07, 2017, 06:54:10 PM
I got scared when i read this. I am 2 bitcon and some altcoin owner and i can feel happy about this increase.. I feel that one day i wake up and the whole market has gone.. Someone making some serious(!) money right now. I hope we never loose our money..

SAme here. I have never felt so scared / worried about making gain on current investment holdings....
sr. member
Activity: 537
Merit: 250
December 07, 2017, 06:52:27 PM
Bubble finna pop up in this motherfucker.
full member
Activity: 658
Merit: 112
December 07, 2017, 06:47:26 PM
I got scared when i read this. I am 2 bitcon and some altcoin owner and i can't feel happy about this increase.. I feel that one day i wake up and the whole market has gone.. Someone making some serious(!) money right now. I hope we never loose our money..
hero member
Activity: 882
Merit: 500
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December 07, 2017, 06:24:49 PM
What about today and now? They have been calling bubble all year and nothing has happened yet despite the unconfirmed transactions has gone up and bitcoin has gone up astronomically. I think this is setup for a correction or a big crash whatever you prefer but it is going to happen. Not a matter of if it is now a matter of when in my opinion.
I don't call Bitcoins price a bubble. There is a lot of real money being placed into Bitcoin exchanges.
Altcoins are in a crypto bubble.
member
Activity: 406
Merit: 10
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December 07, 2017, 06:10:23 PM
Market bubbles appear when an asset raises its price too high and people are unaware of its value. This is happening with bitcoin, but currently the market is slowly accepting its value and investing more in bitcoin, you can see this as the bitcoin trading volume is increasing hour by hour.
full member
Activity: 287
Merit: 101
December 07, 2017, 05:51:54 PM
bitcoin is more a reserve of value than a coin now.
People don't want to spend btc to buy coffe at starbucks.
Hal Finney (one of the bitcoin's creators) said that this day would come.
In another words, you can't measure btc price by its number os transactions anymore.
full member
Activity: 196
Merit: 102
December 07, 2017, 04:23:22 PM
What about today and now? They have been calling bubble all year and nothing has happened yet despite the unconfirmed transactions has gone up and bitcoin has gone up astronomically. I think this is setup for a correction or a big crash whatever you prefer but it is going to happen. Not a matter of if it is now a matter of when in my opinion.
full member
Activity: 266
Merit: 151
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December 07, 2017, 04:10:33 PM
We sure are in a bubble, this incredible price rise. Especially these last 2 days. It must have something to do with the launch of bitcoin futures. Of course this bubble started with the growing demand, as more people in more countries saw the possibilities to make a gain. As the financial institutes realized this is a new way, a new product, to make money with. When the price started to rise early this year, Bitcoin became a hype and literally everyone wanted to get their share. Now the price is over 15K, it's a matter of days that we'll see the bubble burst.
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