When will the Bitcoin bubble burst? - page 2.

sunsilk

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Quote from: _backslash on October 25, 2017, 08:45:22 PM

When do you feel the Bitcoin bubble will burst and what will happen after?

I don't feel that there's a bubble that will burst soon and I don't even thinking that we are on a bubble. Why you keep on thinking the same with other analysts that bitcoin is on a bubble?

Quote from: _backslash on October 25, 2017, 08:45:22 PM

what will happen after?

Let's say that "bubble" popped, obviously the price will go down. Many dip buyers will come in and do panic buying that will lead bitcoin's price to increase again. Grin

Quote from: _backslash on October 25, 2017, 08:45:22 PM

The rise, decline, rise further pattern- when will it go down and never come up?

No one knows on when exactly is going to decline.

YuginKadoya

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If the price of bitcoin right now is very too high for you, then be ready for the bubble to be bust and I think it will be as soon as the correction occur, and we are expecting another Fork this November that is why hold to your horses cause we are in for another bumpy ride!

blueballscoin

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Hmmm... tell me if this sounds like nonsense because I haven't looked into the Chinese pull out and what that meant in terms of BTC dumping or hoarding. But looking at market volumes I can gauge a pretty clear assumption.

If China whales were out of the recent boom, which they apparently were, and it's likely they're some of the biggest whales. Wouldn't them not taking part recently explain the strange lack of volume as well as partly explain the velocity of the spike?

Think about it, they pull their coins out of circulation as a group... they definitely didn't dumped them or it wouldn't have hiked.

So, the hike then could be partly attributed to China based coins being pulled from circulation. Increases scarcity.

Chinese are crafty fuckers hey, so, what if they pulled out, en mass, let the price surge, only to then see them dumping en mass, right now on the boom, cleaning out, then re-buying on the low. Policy is actually the only way to influence a market universally like that. Let's see what happens next 36 hours.

jakezyrus

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Quote from: DaMut on October 26, 2017, 08:12:00 AM

Nobody can predict it because until now we're still finding its real value,
bitcoin price was increasing from time to time because of the popularity and their financial freedom.
if bitcoin itself improving their system and discover something new i believe bitcoin price will keep increasing.
we should see the price declining if nothing new discovered.
i believe many people want to implement it in their business but because of the fees and other reason they hesitated to do it.
if bitcoin can solve it i believe it will never burst and always steadily grow up..
at least at the moment i can not see it will.

Quote

Nobody can predict it because until now we're still finding its real value.

yes no one can possibly predict it because it wont actually happen. bitcoin is not a bubble and its just normal for the coin to pop just like a bubble because of volatility but it is just normal and probably will recover in the next day or two. and we cant find its real value because it will always fluctuate and it wont stay in the same base price.

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we should see the price declining if nothing new discovered.

discovered of what?

Quote

i believe many people want to implement it in their business but because of the fees and other reason they hesitated to do it.

yes you got the point but they can just always adjust their pricing according to the latest price of bitcoin.

Quote

if bitcoin can solve it i believe it will never burst and always steadily grow up..
at least at the moment i can not see it will.

solve what? for sure it will still burst because bitcoin and cryptocurrency is made that way and volatility is a good idea for traders and investors to earn profit. so i think if volatility will be removed it will greatly affect the whole ecosystem.

serjent05

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Quote from: HeRetiK on October 26, 2017, 07:32:34 AM

Which bubble? Wink

One may argue that BTC is overvalued right now. However since BTC was heavily undervalued the last few years, I think it's mainly the market going beyond the initial upward correction. We may see the market retracting a bit, but I don't think we're at price levels that would lead to a bubble-burst -- ie. a drop of larger than 50%.

If we are in a bubble, I'm fairly positive that we're still in one of the early stages of this bubble cycle.

I agree, and i never think that Bitcoin is over value since price is dictated by demands. There is no central authority that supports the price and most of this demands come from different people all around the world. I do not think this is a bubble, this is just the result of peoples demand and how they look at bitcoin value at the current stage. I think this price will still increase as the number of supporters and people join this beautiful community.

8270thNinja

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busy in real life, long post gap is understandable

This has always been asked here in the forum. Bitcoin is a "bubble". YES, a "bubble" that every time it bursts it will just take a day, an hour or a year or month to fully recover again to be a bubble. Bitcoin's community is continually growing and e every time there is a dip on the price, Bitcoin bounces back., so i don't know what bubble you are talking about.

orions.belt19

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Quote from: jekjekman on October 26, 2017, 04:32:03 PM

Quote from: DaMut on October 26, 2017, 08:12:00 AM

Nobody can predict it because until now we're still finding its real value,
bitcoin price was increasing from time to time because of the popularity and their financial freedom.
if bitcoin itself improving their system and discover something new i believe bitcoin price will keep increasing.
we should see the price declining if nothing new discovered.
i believe many people want to implement it in their business but because of the fees and other reason they hesitated to do it.
if bitcoin can solve it i believe it will never burst and always steadily grow up..
at least at the moment i can not see it will.

I agree with this, The "bubble" won't burst until it has enough air to make it burst.
No one even know if what is the maximum potential price for each coin. Mining is not even done yet.
More and more fud are being made against the coin but the price keeps on rising because more and
more people are believing in it. So Bitcoin maybe a bubble but I consider it as a balloon with a thicker
covering it may burst but not in the next few years.

Many have been saying that it is in a "bubble" for many times already yet bitcoin continues to rise and grow. Perhaps its unusual nature has made an unusual bubble; as you have said, a balloon with thicker covering. For now, bitcoin continues to grow and I believe that it still has plenty of room for growth and its potential is very promising. Bitcoin still has a long way to go. We may not know until when but for now it is still growing.

Uberzugzug

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Quote from: _backslash on October 25, 2017, 08:45:22 PM

When do you feel the Bitcoin bubble will burst and what will happen after?
The rise, decline, rise further pattern- when will it go down and never come up?

I am not sure if Bitcoin is the same with other investment instruments that had bubble burst events because of price ceiling. Bitcoin is an unusual investment. It is very volatile and very predictable. But it there is a price ceiling, then it may be the reason of a bubble burst of Bitcoin price. This will happen if the Bitcoin price has reached it's limit and people will then panic sell their Bitcoins dragging down the demand and price of it.

Ararbermas

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Quote from: _backslash on October 25, 2017, 08:45:22 PM

When do you feel the Bitcoin bubble will burst and what will happen after?
The rise, decline, rise further pattern- when will it go down and never come up?

when will it go down and never come up? In my opinion now adays bitcoin is in higher value its impossible that after fall it will never come up or rise cause now aday bitcoin is very popular so it will rise depends on the demand of supply from the market. And also we cannot specule when will be this currency will go dow because its always fluctuate.

tweetbit

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I don’t know if I’m the one not understanding what a bubble is or you just making controversial way of describing for people to look more further information about its value.

Whatever your purpose is, I stand firm to what I believe in. “Bitcoin is not a bubble and not in a bubble”, because if you were right that it is, why until now it is on the rise and it was been described as a bubble since before.

StockBet.com

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bitbob82

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Quote from: player514 on October 26, 2017, 12:12:19 PM

Quote from: DaMut on October 26, 2017, 08:12:00 AM

Nobody can predict it because until now we're still finding its real value,
bitcoin price was increasing from time to time because of the popularity and their financial freedom.
if bitcoin itself improving their system and discover something new i believe bitcoin price will keep increasing.
we should see the price declining if nothing new discovered.
i believe many people want to implement it in their business but because of the fees and other reason they hesitated to do it.
if bitcoin can solve it i believe it will never burst and always steadily grow up..
at least at the moment i can not see it will.

Is there really one true value of bitcoin? I don't really believe so partially because its price is always shifting (by a lot, that too). People do want to implement blockchain technology into their companies and such, but will that really push the price of bitcoin to keep skyrocketing? I think more importantly we need to look into the support of investors. Once major players decide to pull out and sell their huge amounts, then it's probable that a bubble will burst, but that is a valid statement with almost any investment where there are whales of sorts.

To me i am too much sure that the present value of bitcoin is it true value. I think bitcoin even have good potential to increase. The real reason of increase in the price of bitcoin is due to the interest of the people. in fact people are too much interested in bitcoin and are investing money in bitcoin which is in fact increasing the price of bitcoin too much.

jekjekman

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Quote from: DaMut on October 26, 2017, 08:12:00 AM

Nobody can predict it because until now we're still finding its real value,
bitcoin price was increasing from time to time because of the popularity and their financial freedom.
if bitcoin itself improving their system and discover something new i believe bitcoin price will keep increasing.
we should see the price declining if nothing new discovered.
i believe many people want to implement it in their business but because of the fees and other reason they hesitated to do it.
if bitcoin can solve it i believe it will never burst and always steadily grow up..
at least at the moment i can not see it will.

I agree with this, The "bubble" won't burst until it has enough air to make it burst.
No one even know if what is the maximum potential price for each coin. Mining is not even done yet.
More and more fud are being made against the coin but the price keeps on rising because more and
more people are believing in it. So Bitcoin maybe a bubble but I consider it as a balloon with a thicker
covering it may burst but not in the next few years.

player514

legendary

Activity: 1414

Merit: 1039

Quote from: DaMut on October 26, 2017, 08:12:00 AM

Nobody can predict it because until now we're still finding its real value,
bitcoin price was increasing from time to time because of the popularity and their financial freedom.
if bitcoin itself improving their system and discover something new i believe bitcoin price will keep increasing.
we should see the price declining if nothing new discovered.
i believe many people want to implement it in their business but because of the fees and other reason they hesitated to do it.
if bitcoin can solve it i believe it will never burst and always steadily grow up..
at least at the moment i can not see it will.

Is there really one true value of bitcoin? I don't really believe so partially because its price is always shifting (by a lot, that too). People do want to implement blockchain technology into their companies and such, but will that really push the price of bitcoin to keep skyrocketing? I think more importantly we need to look into the support of investors. Once major players decide to pull out and sell their huge amounts, then it's probable that a bubble will burst, but that is a valid statement with almost any investment where there are whales of sorts.

DaMut

sr. member

Activity: 1274

Merit: 263

Nobody can predict it because until now we're still finding its real value,
bitcoin price was increasing from time to time because of the popularity and their financial freedom.
if bitcoin itself improving their system and discover something new i believe bitcoin price will keep increasing.
we should see the price declining if nothing new discovered.
i believe many people want to implement it in their business but because of the fees and other reason they hesitated to do it.
if bitcoin can solve it i believe it will never burst and always steadily grow up..
at least at the moment i can not see it will.

Lampaster

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Activity: 406

Merit: 255

Quote from: hase0278 on October 26, 2017, 07:29:12 AM

Quote from: _backslash on October 25, 2017, 08:45:22 PM

When do you feel the Bitcoin bubble will burst and what will happen after?
The rise, decline, rise further pattern- when will it go down and never come up?

No one can say for certain when bitcoin bubble will burst. In fact, bitcoin bubble bursting may not happen because it may not be a bubble in the first place. If bitcoin is really a bubble, it is the first time that I have seen a bubble being so resilient despite many people calling it a bubble. It will probably never go down to never recover again because adoption rate is increasing so fast, it even got legalized on some countries. Many people uses it too and unless they stop using it, rise and dump wont stop.

Perhaps the unusual bitcoin bubble. He did not emerge spontaneously. Its popularity is growing according to the classical principle of the desire to get rich, but the reason for the demand of bitcoin is that people are already in the pyramid. The entire economy of the world is subordinated to the dollar. Do you think the dollar is not a pyramid scheme? Lol! Maybe we were in a situation where the lesser of two evils choose the lesser need. Bitcoin was the lesser evil.

HeRetiK

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Which bubble? Wink

One may argue that BTC is overvalued right now. However since BTC was heavily undervalued the last few years, I think it's mainly the market going beyond the initial upward correction. We may see the market retracting a bit, but I don't think we're at price levels that would lead to a bubble-burst -- ie. a drop of larger than 50%.

If we are in a bubble, I'm fairly positive that we're still in one of the early stages of this bubble cycle.

hase0278

hero member

Activity: 882

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Quote from: _backslash on October 25, 2017, 08:45:22 PM

When do you feel the Bitcoin bubble will burst and what will happen after?
The rise, decline, rise further pattern- when will it go down and never come up?

No one can say for certain when bitcoin bubble will burst. In fact, bitcoin bubble bursting may not happen because it may not be a bubble in the first place. If bitcoin is really a bubble, it is the first time that I have seen a bubble being so resilient despite many people calling it a bubble. It will probably never go down to never recover again because adoption rate is increasing so fast, it even got legalized on some countries. Many people uses it too and unless they stop using it, rise and dump wont stop.

Vaskiy

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Quote from: AmXProX on October 25, 2017, 09:41:51 PM

Quote from: _backslash on October 25, 2017, 08:45:22 PM

When do you feel the Bitcoin bubble will burst and what will happen after?
The rise, decline, rise further pattern- when will it go down and never come up?

If you consider bitcoin as a bubble then I wonder why are here in this forum where most of the discussion is about the rise of bitcoin's price.

The main purpose of this forum is to develop bitcoin not to wait for it's price to go down. For me it is not a bubble but a platform that will help to develop the crypto currency for the future.

At times based on the growth nature it used to be described as bubble, for the same it doesn't mean it's a bubble. When the price increase took momentum from the price around $2500 to go as high as $4500 experts suggested it as an price wave. If a drop is termed to be bubble burst, then it happens quite often.

Herbert2020

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if you think a bubble is going to burst when price drops >90% then you think wrong and it will never happen. but if you are familiar with the notion of a bubble and know what it really means then you know that a bubble burst can mean a simple 10-20% drop and since that has already happened multiple times you can call those as bubble bursts if you like.

i would prefer to call them corrections though. the bubble is really not a valid economical term in my opinion. they don't even have a proper definition for it!

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