I think any one with half a brain can see that bitcoin is beginning to grow exponentially and knows that can not continue, the question really is though is are we approaching the top now or will it be at 50k, 100k or even higher? Even for those who do not believe we are in a bubble they should still fear that we are as it will keep them sensible.
This is the important question , i like to think we are almost at the peak. But i didn't see btc rising this high that fast. People just need to accept that there is a big correction coming soon but when that is nobody knows. 
Topic: Why you should worry this is a bubble - page 6. (Read 1832 times)
I think any one with half a brain can see that bitcoin is beginning to grow exponentially and knows that can not continue, the question really is though is are we approaching the top now or will it be at 50k, 100k or even higher? Even for those who do not believe we are in a bubble they should still fear that we are as it will keep them sensible.
BTC now a days has been dropped from its major intent (i.e to be an alternative mode of payment). Major reason behind it is too high transaction fees and too much confirmation time to complete a transaction.
So BTC is now serving the role of an investment instrument rather than being an alternative currency. The reason behind the rise is quite simple, people are inventing on BTC seeing its price growth in past year. they are looking the growth, not the concept which is a wrong approach. As BTC does not have any income source of its own, that is why I feel it is just being a bubble now.
So BTC is now serving the role of an investment instrument rather than being an alternative currency. The reason behind the rise is quite simple, people are inventing on BTC seeing its price growth in past year. they are looking the growth, not the concept which is a wrong approach. As BTC does not have any income source of its own, that is why I feel it is just being a bubble now.
for people who have long been in the world of trading, they will see this as a bubble, where the increase is very significant and sharp. But it is different when they enter the world of cryptocurrency investments. Price movements above 10% per day are very reasonable, even some altcoins are moving up over 50% in a matter of days. Therefore, I think there is nothing to worry about with this situation. Whatever happens, bitcoin will not return to $ 5k or less. In fact, I'm sure, if the price back touching $ 10k, people will race to get it, and the price will rise again.
I think all of their opinions are politically multivated in the sense that the process that earn them they status is questionable. They lack the credibility to call or refers to bitcoin as a bubble, bitcoin as a digital currency has the capacity to accumulate any amount or market cap as long as bitcoin is able to sustain it market value and price cap. Bitcoin is free to rise to any amount even up to a million dollars at any time and nothing negative will happen as the anti bitcoin are professing.
Bitcoin gain so much value within years, but it's different in this year or in the last few months since August when bitcoin price increase significantly. Many people worry this is a bubble, in short; bitcoin isn't a bubble and it won't burst simply because bitcoin has a real usability, a better monetary system. It just a matter of time or until the economic collapse, then people will realize; decentralized digital currency becomes a savior such as in Venezuela or Zimbabwe.
I think you're wrong. Currency is part of the economy of the country. But the economy should work smoothly and without jerks. For this, the government uses manual control of the economy, including through currency. How do you imagine to do with cryptocurrencies? No they are absolutely not adapted to the state of the economy.
Bitcoin gain so much value within years, but it's different in this year or in the last few months since August when bitcoin price increase significantly. Many people worry this is a bubble, in short; bitcoin isn't a bubble and it won't burst simply because bitcoin has a real usability, a better monetary system. It just a matter of time or until the economic collapse, then people will realize; decentralized digital currency becomes a savior such as in Venezuela or Zimbabwe.
Most of us now know that we all are now facing a bitcoin bubble.People have continued to buy bitcoins with great excitement and the entry of wall street companies like CME have made this excitement more which has inturn led to this high price.But i'm being a long term holder don't bother such price hikes and dips.Even if its price falls more,i know about bitcoin's potential very well.I would just continue to hold.But when this bubble bursts,most of the newbies would flew away.
What do you mean about facing the bitcoin bubble? The bitcoin is a bubble and that will be applied anytime. The flash jump, flash crash and another pump and dump become a real evidence how the bitcoin is a bubble right now. With no actual price and bitcoin was a bubble. 
Well I do agree with him about the bitcoin going up in value way too fast and that it will stop at some point even go down. The going down part happened many times already. He also said something true which is it will not go down to zero. But the question is when will it stop growing in value? The estimate is it will go up to 100k usd before it will stop going up.
So just always remember that bitcoin is not stable there are times that it goes up and goes down. Worrying about a bubble?? I think I am not worrying about it because expected that this would be happen it is just like bubble that will goes down fastly but it definitely recover.
Most of us now know that we all are now facing a bitcoin bubble.People have continued to buy bitcoins with great excitement and the entry of wall street companies like CME have made this excitement more which has inturn led to this high price.But i'm being a long term holder don't bother such price hikes and dips.Even if its price falls more,i know about bitcoin's potential very well.I would just continue to hold.But when this bubble bursts,most of the newbies would flew away.
I also use this tactic. Now it seems to me most successful. But to be honest it worries me a permanent increase in the price of bitcoin. I understand that it can end in a huge fall. But the problem is not even that. After each price increase makes me harder to earn coins. If the price falls then all my present income will turn into nothing. We should not take these statements into consideration.
Bitcoin is first of its kind. yet all know when there is an rapid growth there will an slight fall.
Bitcoin is first of its kind. yet all know when there is an rapid growth there will an slight fall.
Slight fall is not a problem but when the growth take place of 2k in 24 hrs or so which is not very justifiable the questions arises or a panic mode gets on and thus people start getting worried about it. And when falls take place on such instances it will be a crash and not just some 500 - 1000$ falls. On other hand if the growth takes on slowly and progresses it would be considered more viable.
Most of us now know that we all are now facing a bitcoin bubble.People have continued to buy bitcoins with great excitement and the entry of wall street companies like CME have made this excitement more which has inturn led to this high price.But i'm being a long term holder don't bother such price hikes and dips.Even if its price falls more,i know about bitcoin's potential very well.I would just continue to hold.But when this bubble bursts,most of the newbies would flew away.
We should not take these statements into consideration.
Bitcoin is first of its kind. yet all know when there is an rapid growth there will an slight fall.
Bitcoin is first of its kind. yet all know when there is an rapid growth there will an slight fall.
I read an article online, that great corrections is coming and the downward trend may last for long but this will start when bitcoin get to $25,000! This current upward trend is going to last till middle of next year before we can see any significant changes. I think bitcoin is not a bubble and we should look at bitcoin as a currency, though it has not been used as a mode of payment by major online mainstream shop but in future when the volatiles has reduced we would see how bitcoin is going to serve as money.
Everything is a bubble. Fiat currency can also be classified as a bubble. Being a bubble doesn't mean you could not make money by participating in it. Just make sure you manage your risk well and don't over do it. Pick a strategy that fits your own risk appetite. Don't be overly greedy but also no need to be too risk adverse.
Exactly. Fiat is also an bubble, but it is so well regulated by the government that it seems extremely stable, if the government was to fall what do you think will happen to that fait? As far as bitcoin is concerned it's free, no one controls that's why it's so volatile, and probably it will remain. There is no way we can predict that it will drop eventually, if it keeps getting popularity then it cannot drop. Jump to: