Yeah, we're in a bubble... - page 3.

StinkyLover

sr. member

Activity: 454

Merit: 250

This industry is pure fiction

Quote from: Mpamaegbu on December 18, 2017, 11:09:08 PM

Quote from: StinkyLover on December 18, 2017, 07:52:54 PM

Quote from: USScrypto on December 18, 2017, 07:45:49 PM

If u check just news u ll start to doubt about cryptocurrency but this trend is working more than 8 year and it ll grow every day dont read all day news

Agreed, but there's a real frenzy now going on right now. I just wonder if traders will be taking some profit before the new year. It's month end after all. Market always seems to drop at month end.

Are you trying to spread another FUD so that holders would embark on panic selling like the JP Morgan did? Dude, that strategy has ceased to work a few months ago. If you check the bitcoin chart you will discover this. It has always been uprising except for a few corrections here and there. Goodl on your ill journey. Negative news can't really destroy cryptocurrency. It makes it popular.

Do you REALLY believe that this little post is some weird attempt to drive down the price of bitcoin???

davidroux

sr. member

Activity: 625

Merit: 250

io.ezystayz.com

I think you should not be too worry. Each person has own view and they can do what they think. However, have you ever seen which bubble can live over 8 years? Cryptocurrency are becoming more and more popular in the world and it is accpepted by many corporation. It can not be a bubble.

jtipt

hero member

Activity: 1064

Merit: 529

Quote from: StinkyLover on December 18, 2017, 07:32:56 PM

After reading this, I know we're in a massive bubble now:

https://www.bloomberg.com/news/articles/2017-12-18/fintech-mircocap-stock-jumps-2-400-after-touting-crypto-link

I'm off to the nearest business center to shout "BITCOIN!" and see if people start throwing sweaty money at me...

Yes, it's very likely that bitcoin is a bubble, everyone knows that and whoever says otherwise is just in denial. But the thing is this bubble is not going to burst anytime soon, I think you would has also noticed that, we are just in the beginning phase.

TimtheYoutuber

full member

Activity: 1708

Merit: 125

www.positivebetting.com

People that try and predict this, act smarter than they are. If you know when the bubble will burst then start shorting and become a trillionaire. Otherwise, stop using this shitty term "bubble" to sound smart.

Mpamaegbu

legendary

Activity: 2716

Merit: 1225

Once a man, twice a child!

Quote from: StinkyLover on December 18, 2017, 07:52:54 PM

Quote from: USScrypto on December 18, 2017, 07:45:49 PM

If u check just news u ll start to doubt about cryptocurrency but this trend is working more than 8 year and it ll grow every day dont read all day news

Agreed, but there's a real frenzy now going on right now. I just wonder if traders will be taking some profit before the new year. It's month end after all. Market always seems to drop at month end.

Are you trying to spread another FUD so that holders would embark on panic selling like the JP Morgan did? Dude, that strategy has ceased to work a few months ago. If you check the bitcoin chart you will discover this. It has always been uprising except for a few corrections here and there. Goodl on your ill journey. Negative news can't really destroy cryptocurrency. It makes it popular.

xfaqs01

full member

Activity: 490

Merit: 100

Quote from: StinkyLover on December 18, 2017, 07:32:56 PM

After reading this, I know we're in a massive bubble now:

https://www.bloomberg.com/news/articles/2017-12-18/fintech-mircocap-stock-jumps-2-400-after-touting-crypto-link

I'm off to the nearest business center to shout "BITCOIN!" and see if people start throwing sweaty money at me...

i think were not in a bubble phase personally, well first of all how do you define a word bubble in an economic term? because for me a bubble is something that is not worth over its price, and i dont see that in bitcoin, why? because it is the center of all exchange in the cryptoverse, just like dollar the center of exchange in all fiat currencies, just my cents though.

taiwww

sr. member

Activity: 588

Merit: 257

Since November 2017 bitcoin price is rising constantly. But from December it shown sudden and unexpected rise. Which surprised many crypto experts as well as currency experts all over the world? And discussion on “Bitcoinis a Bubble or not” started. Many governments warned their citizens against use or investment in Bitcoin. Many governments put regulations on bitcoins some governments going one step ahead banned bitcoin completely. According to them bitcoin is still new concept, it will take time to settle in world economy, such sudden rise in price create doubt in the minds of traditional investors, so they name it as bubble. Being a decentralised currency no one there to defend bitcoin.

Onestepinhell

full member

Activity: 462

Merit: 100

Good Morning

Yes, I agree that this is a bubble, that's only this can last for long, you can tell for years. But there is always time to burst)

Acguy

sr. member

Activity: 308

Merit: 250

Some stocks has recently changed their name to have blockchain in it and that caused it to rocket recently too lol

Tipstar

sr. member

Activity: 1820

Merit: 298

Bitcoin and cryptocoins in whole are consuming a lot of energy and holding a lot of money which may be profitable to the holder but is counter productive for the sustainable development of the globe. I don't think crypto were imagined to be a holding assets rather they should have been treated as a day to day alternative transacting currency.

imjustp

full member

Activity: 256

Merit: 102

I think certain cryptos which don't really serve a purpose are in a bubble but there are many cryptos which do serve a purpose and will only increase with time. If you're not confident in the industry than maybe you should sell what you have and move on. Especially if you cannot afford to lose what you have invested. If you can start in and enjoy the ride.

meirbaraku

newbie

Activity: 4

Merit: 0

it is obvious to see. The wealth human mind is totaly sufficient. Wink

Crypington

full member

Activity: 210

Merit: 103

I was listening the CBNC today, and one of their anchors said he went to a party, and everyone was talking about Bitcoin ... which he said reminded him of Internet stock in 1999 ... prior to that bubble.

cryptohunter

legendary

Activity: 2100

Merit: 1167

MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG

We're at the start of a bubble

This could go on for years.

Every exchange is destroyed right now ( fiat in exhange) all is see is millions of people screaming i can't get verified been waiting for weeks.

The masses are not here yet. They will be soon though and they are pilling in with money.

Where is my 100K wire, where is my 50k wire. These are noobs jumping in with both feet.

Also all the asset class are coming now - they all want some crypto in their portfolio and why not ?

The good crypto is nice to have in there.

boboking

member

Activity: 224

Merit: 19

Quote from: StinkyLover on December 18, 2017, 07:32:56 PM

After reading this, I know we're in a massive bubble now:

https://www.bloomberg.com/news/articles/2017-12-18/fintech-mircocap-stock-jumps-2-400-after-touting-crypto-link

I'm off to the nearest business center to shout "BITCOIN!" and see if people start throwing sweaty money at me...

Possibly, but this people who are in the news and other people who says Bitcoin is in a bubble really do not know how cryptocurrency works. They just base it on the other markets.

Gorgeous011235

full member

Activity: 153

Merit: 100

I Love DeepOnion!

Sorry mate but i don't think we are in a bubble...it's been years that the news keep saying constantly that BTC is in a bubble and crypto too...
but the years go by..BTC keeps growing and everyday more investors are putting their money in crypto..
I don't trust mainstream media and think we are not in a bubble and probably this won't happen until the next 5-10 years...
Crypto marketcap it's still very small if compared to the regular stocks marketcap....so my friend you really shouldn't worry about that!

StinkyLover

sr. member

Activity: 454

Merit: 250

This industry is pure fiction

Quote from: vaughn125 on December 18, 2017, 08:02:11 PM

Quote from: StinkyLover on December 18, 2017, 07:32:56 PM

After reading this, I know we're in a massive bubble now:

https://www.bloomberg.com/news/articles/2017-12-18/fintech-mircocap-stock-jumps-2-400-after-touting-crypto-link

I'm off to the nearest business center to shout "BITCOIN!" and see if people start throwing sweaty money at me...

Oh well, another day at the office.can you even count how many times and how many people have been calling bitcoins a bubble? Damn! Ever since it got out on the internet, lots of people have been spitting out sht about bitcoins. Saying its a scam, a ponzi, and a bubble. Yes. It may look like a bubble. But you see my friend, in the crypto world. Not everything becomes predictable. And not everything can be measured same as real life situations.

Everything you're saying, I say as well. I well remember Litecoin madness in 2013. It was just that. Madness. It feels like the same now but for the whole of crypto.

We're probably all going to the moon, but bear follows bull, bull follows bear. It's cyclical.

But yes, I do accept that everything is new in crypto and we might even get close to a 2 trillion dollar market cap before this bull run ends

vaughn125

full member

Activity: 238

Merit: 100

Quote from: StinkyLover on December 18, 2017, 07:32:56 PM

After reading this, I know we're in a massive bubble now:

https://www.bloomberg.com/news/articles/2017-12-18/fintech-mircocap-stock-jumps-2-400-after-touting-crypto-link

I'm off to the nearest business center to shout "BITCOIN!" and see if people start throwing sweaty money at me...

Oh well, another day at the office.can you even count how many times and how many people have been calling bitcoins a bubble? Damn! Ever since it got out on the internet, lots of people have been spitting out sht about bitcoins. Saying its a scam, a ponzi, and a bubble. Yes. It may look like a bubble. But you see my friend, in the crypto world. Not everything becomes predictable. And not everything can be measured same as real life situations.

StinkyLover

sr. member

Activity: 454

Merit: 250

This industry is pure fiction

Quote from: The Sceptical Chymist on December 18, 2017, 07:55:14 PM

Quote from: m.vina on December 18, 2017, 07:50:32 PM

How is that piece of news about a manipulative company relate to anything about cryptocurrency? Time has proven again and again that there is no bubble. This is cryptocurrency and it is not some other stock commodity or security normal people's minds are used to. This technology will actually change the world and make a difference and that is worth a lot more than it is today.

In other words, it's different this time. God I love it when I read those words. Is bitcoin able to change the world at $400? What price does it need to be at in order to serve its revolutionary function? There's no logical reason that bitcoin needs to keep rocketing skyward.

Bitcoin is an asset, just like stocks and tulips. If you think we cannot be in a bubble then you're going to get blindsided. And it's crazy, because a lot of you think like this.

What amazes me is when I see a post from someone asking why a coin or asset is going down, or levels out, after it's been on a multiple days rocket upwards...

Like they expect it never to stop. In what world or reality??

sic57005

full member

Activity: 182

Merit: 100

All freely traded assets with increasing price are bubbles.
The only question is about when it would collapse (today or next millennium) and nobody knows exact answer.

Topic: Yeah, we're in a bubble... - page 3. (Read 619 times)