after 10 years has been past of bitcoin but still people think bitcoin is bublecoin , why ?
People think that bitcoin is a bubble and that it is a ponzi scheme because of the extreme raises in its value in the past 10 years. Every year it reaches an all time high that no one expects, so people think that uf it could rise like that, then it also has a very high chance of ultimately dropping in value and dying eventually. I don't think it would happen anyways since bitcoin's valur is very flexible than what these people have anticipated. 
Topic: why people think that bitcoin is buble coin ? (Read 592 times)
some of them are just stupid and do not know how the blockchain system works. they say bubbles, they say ponzi, they say fraud, and also they say hype.
and some they do to make the bitcoin value fall, and when it falls they can buy more bitcoin and they can control the bitcoin value.
I really think that those that say something like that are doing it not because they are stupid but because they have an interest in keeping bitcoin down, this is why you see that the media is so against bitcoin, because they receive their payments mostly from banks and governments and if bitcoin triumphs against them then they will receive less money for their services. and some they do to make the bitcoin value fall, and when it falls they can buy more bitcoin and they can control the bitcoin value.
after 10 years has been past of bitcoin but still people think bitcoin is bublecoin , why ?
just as you ask why people think bitcoin is a bubble.
the importance of basic knowledge and insights associated with crypto. of course if you try to find a lot of reading from various references you will not feel confused with your own question.
So, essentially this is a matter of one's knowledge.
Bitcoin is a bubble coin maybe because of the pretty good value of it. And it's really helpful. It gives an easy way to earn money, that's why people stay for long,.
after 10 years has been past of bitcoin but still people think bitcoin is bublecoin , why ?
More often than not this people that thinks bitcoin is bubble are those people whose best interest are at the fiat money..those are from the banks and government who for sure will be at lost if bitcoin will overtake the mainstream. They will stop at nothing to create negativity agaisnt cryptocurrencies because this electronic coins has the greatest potential to make them obsolete.
after 10 years has been past of bitcoin but still people think bitcoin is bublecoin , why ?
because the price grew a lot in relatively short time. Some people say it's bubble but the truth is that it's simply a cutting edge technology that is changing the lives. Check how value of facebook grew in that period of time. Is it a bubble?
after 10 years has been past of bitcoin but still people think bitcoin is bublecoin , why ?
In this industry something is bubble when it is about to drop, crash and go below the down trend line. Now since many years bitcoin has been on the verge of ups and downs due to its very much decentralised nature. This is the nature which can give fluctuations in the bitcoin market cap and its value as result of "no limitation on buying and selling as well". People go crazy about that all the time and when something really big bad ass happens then they panic sell like crazy and bitcoin starts dropping at alarming rate, now this is the period where people start using that Bitcoin is Bubble.
Isn't thats crazy. This is repeating since many years now and at each drop people are always there to call it as bubble. 
Bitcoin still consider as unpredictable coin and bubble coin means that bitcoin can increase exponentially without being expect because as all know that bitcoin value depend on supply and demand.
I think there is no insane bubble that can be create by ordinary investment except cryptocurrency
I think there is no insane bubble that can be create by ordinary investment except cryptocurrency
Well, Bitcoin is like a bubble, it will explode. (The value of digital currency) will go down and most recent investment will be most affected. But that is not a problem, because bitcoin prices will jump up again as before
let me remind you of this, that this is not the first time bitcoin has crashed very significantly and its not the worst of all crash. (correct me if i'm wrong) Based on bitcoin history, crashes occur on:
2011 jun- Nov: -97%---> From $ 32 to $ 2
2012 jan - Aug: -36%---> From from $ 7 to $ 4
2013 Mar 6 -11: -25%---> From $ 49 to $ 36
2013 Apr 10: -79%---> From $ 266 to $ 54
2014 Feb 24: -49%---> From $ 867 to $ 439
2017 jun 11-16: -36%---> From $ 3,000 to $ 1.869
2017 Sept 2-15: -40%---> From $ 5,000 to $ 2,972
2018 Jan 17: -48%---> From $ 19,783 to $ 9,496
2011 jun- Nov: -97%---> From $ 32 to $ 2
2012 jan - Aug: -36%---> From from $ 7 to $ 4
2013 Mar 6 -11: -25%---> From $ 49 to $ 36
2013 Apr 10: -79%---> From $ 266 to $ 54
2014 Feb 24: -49%---> From $ 867 to $ 439
2017 jun 11-16: -36%---> From $ 3,000 to $ 1.869
2017 Sept 2-15: -40%---> From $ 5,000 to $ 2,972
2018 Jan 17: -48%---> From $ 19,783 to $ 9,496
if you look at the list above, what do you think is suitable for bitcoin other than bubble coin? "Economists use the term" bubble "to escalate extreme asset prices on the basis of expectations of future price increases and without the support of economic fundamentals, and usually followed by the contrary reality of expectations, and the drop in prices." Maybe it could be said that one of the reasons why people think like that. But there are also people who take advantage of this bitcoin condition and take a huge profit from it.
It is because they have very fresh experience of other bubbles: real estate bubble of 2008, .com bubble of early internet. They are fed with FUD news on tulip mania bubble created by groups of interest who can see bitcoin as real danger (governments and banks) to the status quo.
The rapid price growth of the bitcoin in this 10 years made the people to think thast it was a bubble and there is a theory says that if something had huge value in short term will explode at one point so that is the reason of bubble story.But people don't understand why the price increases rapidly because of it limited quantity.
But the reality is that it is not a bubble but real increase in the price of bitcoin, in fact the rapid increase in the price of bitcoin is only becasue of the increasing demand of bitcoin which reducecs the supply and therefore the price goes up, as time pass bitcoin is becoming more popular and which is also increasing the bitcoin demand constantly while the total amount of coin for mining is decreasing which is also a reason for increase in bitcoin price. 
So don't neglect it by saying bubble stories. 
The rapid price growth of the bitcoin in this 10 years made the people to think thast it was a bubble and there is a theory says that if something had huge value in short term will explode at one point so that is the reason of bubble story.But people don't understand why the price increases rapidly because of it limited quantity.
But the reality is that it is not a bubble but real increase in the price of bitcoin, in fact the rapid increase in the price of bitcoin is only becasue of the increasing demand of bitcoin which reducecs the supply and therefore the price goes up, as time pass bitcoin is becoming more popular and which is also increasing the bitcoin demand constantly while the total amount of coin for mining is decreasing which is also a reason for increase in bitcoin price. The rapid price growth of the bitcoin in this 10 years made the people to think thast it was a bubble and there is a theory says that if something had huge value in short term will explode at one point so that is the reason of bubble story.But people don't understand why the price increases rapidly because of it limited quantity.
Most who had no bitcoin and had watch it grow by negligence are the ones who are mostly found calling it a bubble. The more news go around the more the demand the higher the price, volume of demand is the prime factor to the price some of them are just stupid and do not know how the blockchain system works. they say bubbles, they say ponzi, they say fraud, and also they say hype.
and some they do to make the bitcoin value fall, and when it falls they can buy more bitcoin and they can control the bitcoin value.
and some they do to make the bitcoin value fall, and when it falls they can buy more bitcoin and they can control the bitcoin value.
They are not stupid, they are just not ready to give time to learn about crypto. They are judging it based on what media says about it. And media will always focus more on negative aspect of bitcoins because it will give them more viewers.
The rapid price growth of the bitcoin in this 10 years made the people to think thast it was a bubble and there is a theory says that if something had huge value in short term will explode at one point so that is the reason of bubble story.But people don't understand why the price increases rapidly because of it limited quantity.
There are a lot of theories:
A well-known investor has been tempted to forecast about the bursting of the bitcoin bubble. "In a normal situation, when there is a parabolic price increase, the breakdown is very rapid. But in this case, as long as dictatorships develop, we will have a different situation, because dictators will be interested in transferring their funds into bitcoins, "says Soros, predicting that in such a case there will not be a violent collapse, but rather a flat peak. "Nevertheless, it is a typical bubble, which is always based on a misunderstanding, like tulipomania" - summed up Soros.
A well-known investor has been tempted to forecast about the bursting of the bitcoin bubble. "In a normal situation, when there is a parabolic price increase, the breakdown is very rapid. But in this case, as long as dictatorships develop, we will have a different situation, because dictators will be interested in transferring their funds into bitcoins, "says Soros, predicting that in such a case there will not be a violent collapse, but rather a flat peak. "Nevertheless, it is a typical bubble, which is always based on a misunderstanding, like tulipomania" - summed up Soros.
They say it because the price of bitcoin is growing abnormally but i think it is not like buble coin.it is the stronger crypto than other currency so it is not gonna die within 10 years for this reason people think that bitcoin is buble coin
some of them are just stupid and do not know how the blockchain system works. they say bubbles, they say ponzi, they say fraud, and also they say hype.
and some they do to make the bitcoin value fall, and when it falls they can buy more bitcoin and they can control the bitcoin value.
and some they do to make the bitcoin value fall, and when it falls they can buy more bitcoin and they can control the bitcoin value.
Some of those people who see Bitcoin as the things you mention... well actually you can't blame them. Because Bitcoin acted like bubble in some cases, so its no wonder why people see it as such.
Some of them say its ponzi, because there are a lot of ponzi coins out there, and its no wonder why people who knows little about Bitcoin, put it in same basket as those ponzi projects.
Simply said, some people see Bitcoin as a fraud because its electronic currency, it doesn't have physical form and it comes from nothing.
There was hype periods in Bitcoins history, you can't deny that. It would be pure lie if we would say that it wasn't hype that lead Bitcoins price to reach $20k.
Its true that a lot of people know very little about Bitcoin, but that doesn't mean that some aspects of it are not true (like hype). Some things will change as people learn more about Bitcoin, and some will change when people change their way of using it. Don't blame other for their ignorance, instead show them the truth. And if they don't want to know, leave them be.
It is because people never saw something like this before and they are not sure how it works. This is exactly like making fun of the people who said that we can talk with the people across the globe without actually going there and then we saw the invention of the telephone. Bitcoin/blockchain is still in the early phase of development and will take more time to gain more confidence as compared to that of people using fiat currencies. Bitcoin is not just a technology, it is a philosophy of decentralization and trust.
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