When will the Bitcoin bubble burst? - page 3.

coynedterm

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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?

Are you sure that you are saying that bitcoin is going to read , Because here you are saying that it should go down and never come up ? , Here clearly you want either one of them , At one side you are willing to buy bitcoin at very low price or you don't like or don't know about the bitcoin much.
Here I would like to tell you that it is not sure that when the price of the bitcoin will go to fluctuate much because all depends upon the Market and discesion. Here in my opinion may be small flcutuations happen but I am 100% sure that it will not remain down for long term . Because it has lots of demands in the whole world .

nareshrohra

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Recently there were some positive news on bitcoin's acceptance and regulation

1. New merchants like Amazon started accepting bitcoins
2. Japan, Philippines, Russia and few other countries announced or discussing about legalising it
3. China banned ICOs for local investors that didn't seem to crash it as was speculated

This is from top of my head. There are more things to notice. And you think bitcoin is a bubble. Tell that to Amazon, Japan, Russia etc governments and let us know what they think

gribble

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No, bitcoin bubbles won't burst due to Bitcoin is “not a bubble,” Nasdaq has said citing five reasons demonstrating why Bitcoin price is nothing like Tulip Mania. 5 Reasons Why Bitcoin Price is Not Tulip Mania: https://cointelegraph.com/news/5-reasons-why-bitcoin-price-is-not-tulip-mania-nasdaqcom i think this analysis can be trusted although there are no one who know about the future of bitcoin especially bitcoin's price.

Iranus

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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.

Because it's in a bubble. When it's not in a bubble, the discussion is about how to actually make BTC better, rather than just how to make the price more stupidly high.

The problem is that loads of people aren't distinguishing between Bitcoin "being a bubble" and Bitcoin "being in a bubble".

On here I see "People thought Amazon was a bubble, but now it's huge" - but Amazon was in a bubble, and now it is no longer in a bubble. Similarly, Bitcoin could be in a bubble now, but that doesn't mean that it will always be in a bubble or that it itself a bubble.

roddy5

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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?

Yes that is right, bitcoin's price depends on the supply and rising demand of it. Imagine
how it reached that price at this phase where there is not much who use the coin yet.

Future for the coin is really bright and more and more people will find out the use of it
in the coming years.

AmXProX

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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?

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.

RayvenPierre

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Personally I really don't think that those who ask this know how the variation in price works. The price of bitcoin is very volatile because it is market oriented, meaning the price depends on the supply and demand force of the market so bitcoin will stay as long as there are people using it which I don't think there will be a time where no one would use it or everyone would stop using it even in the next 50 years.

mk4

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Great. 2017 is almost over and I still see posts and articles about bitcoin being a bubble.

Bitcoin's price can skyrocket to heavenly heights and can crash down temporarily significantly due to various reasons like bannings and exchanges closing but I definitely wouldn't call it a bubble.

shwetaji

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Bitcoin is growing regularly and in future it will grow in same manner. After all it will stop to grow but there will be no day it will come at bottom. Other altcoin may grow to btc.

groko271

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one thing i can be sure about with bitcoin is it is unpredictable, and if anyone gets the prediction correct it is a complete fluke+luck.

My answer regarding the question is that bitcoin will continue to peak and dip with a upward trend for a few more years yet. Have a look at the hits bitcoin has had this year alone // china + jb morgan etc. The only thing that can make a bitcoin bubble burst is if a pod of whales decide (for what ever reason) to completely cash out their crypto investments..... if so btc will bust to below $1000 and it will begin all over again.

Murloc

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At first I would recommend you to prove that bitcoin is a bubble. An answer like "those guy said that" is not an option. This post generaly looks like a trolling.

CryptoFiction

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At times BTC might be overpriced or underpriced, but I don't believe that the word "bubble" can apply to a limited minted crypto.

The_Dark_Knight

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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?

This is not a bubble, the price of bitcoin is that high because that is demand that is having at the moment if at some point that demand changes and the price goes down that does not mean the bubble burst it is just that people no are no longer requiring bitcoin for their needs and as such the price is going to go down, this is not like the 2013, that was a bubble.

EXtremeAEX

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Havent it already?

The 5000$ milestone was a breakthrough for Bitcoin as the price was fluctuating about 4000+ and seems like it was somewhat stable. I predict that it would rise again very quickly in the next year, even way higher than 10k is possible now, seeing how Bitcoin is growing so rapidly.

_backslash

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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?

Topic: When will the Bitcoin bubble burst? - page 3. (Read 1467 times)