Bitcoin Forum

Economy => Speculation => Topic started by: Justaguy2 on August 29, 2017, 06:01:01 PM



Title: When will the bubble burst?
Post by: Justaguy2 on August 29, 2017, 06:01:01 PM
One of the things that gets me thinking is when will the bubble burst and how many lives will be destroyed. With all that positivity around bitcoin i just needed to say this. It detests me a bit actually how a lot of threats are about buying lambo's and stuff. We are all looking for financial freedome here and i get that, but the market will burst like it allways does. And people who entered at the top will lose everything. The real question is not will it end poverty cause it wont, it will eventually stagnate and reach a cap. What do uyou think will be that cap? Can some of the smart guys do a wild guess compared to historical events?


EDIT:

For the record, too many people think i am talking about a bubble right now. I'm not... i don't care about these "small" fluctuations. I am seeing a future where crypto is implemented in our everyday life and where you and me will be the few who got rich because of early adopting even with just a few coins. I am talking about the bubble in 10-20 years like the tulip mania bubble in 1936. Allso please don't think that bitcoin will still be !the coin! Because That sounds really narrowminded. (Don't take this the offensive way)


Title: Re: When will the bubble burst?
Post by: European Central Bank on August 29, 2017, 06:05:59 PM
And people who entered at the top will lose everything.

why? all you have to do is wait around for it to rediscovered again. the innovations won't stop and new users won't stop coming. the potential userbase has barely been tapped.

people who bought at the top in 2013 were underwater for several years. all they had to do was wait. if they're weak enough to sell at a loss then that's their problem.


Title: Re: When will the bubble burst?
Post by: Justaguy2 on August 29, 2017, 06:11:16 PM
And people who entered at the top will lose everything.

why? all you have to do is wait around for it to rediscovered again. the innovations won't stop and new users won't stop coming. the potential userbase has barely been tapped.

people who bought at the top in 2013 were underwater for several years. all they had to do was wait. if they're weak enough to sell at a loss then that's their problem.

That is when you think it will reach another ATH, but the cap will get reached and the big wales will retreat some day. That is just statistics. Too much positivity just gets me wanting to say "hey guys, keep your feet on the ground because it will get ugly one day." That is allso the reason why i have descided not to tell my friends to much about it. I'm sure you have seen some artificial shit ging on like with NEO even today, that stuff will someday ruin a lot of peoples lives.


Title: Re: When will the bubble burst?
Post by: illinest on August 29, 2017, 06:13:56 PM
And people who entered at the top will lose everything.

why? all you have to do is wait around for it to rediscovered again. the innovations won't stop and new users won't stop coming. the potential userbase has barely been tapped.

people who bought at the top in 2013 were underwater for several years. all they had to do was wait. if they're weak enough to sell at a loss then that's their problem.

It's just a waiting game. I think that many people realize this now, so the next bear market probably won't go as deep (in terms of percentage loss). I think the $5000-6000 range will be a major top, personally, but I might wait for a retest of the top and a clear failure before selling anything. Losing coins is a lot more risky (for your long term portfolio) at this point than it was a few years ago. From an adoption standpoint, the long term looks better than ever.


Title: Re: When will the bubble burst?
Post by: European Central Bank on August 29, 2017, 06:14:48 PM
That is when you think it will reach another ATH, but the cap will get reached and the big wales will retreat some day. That is just statistics. Too much positivity just gets me wanting to say "hey guys, keep your feet on the ground because it will get ugly one day." That is allso the reason why i have descided not to tell my friends to much about it. I'm sure you have seen some artificial shit ging on like with NEO even today, that stuff will someday ruin a lot of peoples lives.

well, yes if you're talking about most alts then the chances are extremely high you'll get fleeced. if people don't realise that then they're stupid.

but when it comes to the coins that endure there'll be a phase where the speculation morphs into regular people and heavyweights coming in. the whales will slowly lose their control as the weight of real money pushes them aside. any attempts to dump like in the old days will be bought up.

there'll be peaks and troughs but so many people will be invested there won't be an abandonment or pump and dump as is the case with most alts.


Title: Re: When will the bubble burst?
Post by: bitbunnny on August 29, 2017, 06:20:42 PM
Why thinking that this is bubble that is going to burst? Don't always think for the worst, sometimes things can really turn out good and Bitcoin is one of them. The price has still big possibilities to rise more and achieve 5000 or 6000$ easily. Some corrections will happen also but not in the form of big dump. At the moment there is nothing to worry about.


Title: Re: When will the bubble burst?
Post by: soothaa on August 29, 2017, 06:20:48 PM
You call it a bubble.. I call it the normal growth of a deflationary asset. Bitcoin will surely have another downturn here in the next few months probably; it is only natural for such things, however there is no bubble to burst here, at least not yet.

We have barely tapped the markets, only like maybe 5% of people even know about Bitcoin, and like maybe 1% of commerce is done with it. Once we are sitting at like Bitcoin being general knowledge and BTC is at like $100,000+, THEN I will worry about a bubble.


Title: Re: When will the bubble burst?
Post by: European Central Bank on August 29, 2017, 06:23:21 PM
You call it a bubble.. I call it the normal growth of a deflationary asset. Bitcoin will surely have another downturn here in the next few months probably; it is only natural for such things, however there is no bubble to burst here, at least not yet.

We have barely tapped the markets, only like maybe 5% of people even know about Bitcoin, and like maybe 1% of commerce is done with it. Once we are sitting at like Bitcoin being general knowledge and BTC is at like $100,000+, THEN I will worry about a bubble.

2013 was unquestionably a bubble. the aftermath proved that. i don't think there's much to disprove this isn't one too. there isn't hysteria but people are getting overconfident in something that most buyers are gonna be ultra quick to drop if the water looks choppy.

if you wait long enough you'll be fine. if you've taken out loans or are super leveraged then you might end up in trouble.


Title: Re: When will the bubble burst?
Post by: Tszunami98 on August 29, 2017, 06:23:49 PM
I was beggining to believe the 1 million dollar predictions ( some even 2-5 million dollars per bitcoin) , but now after i reserched it better and after i am seeing what is happening with all these new changes i think that those predictions are not as valid as they would make you believe. There are two sides where one is very optimistic about btc potential and the other is very pesimistic. It is a bubble, no it is not..yes it is...no its not...i can barely understand what they are saying. Lets hope it is not a bubble and btc continues its path to the top.


Title: Re: When will the bubble burst?
Post by: raymond541 on August 29, 2017, 06:31:45 PM
who knows price can be raise that much!!!
bubble burst every time will be burst in future but I know price will back with new ATH.
I know btc from 2009 I dont hold btc I was thinking btc was wastage can be ruin anytime but not happened and will not happened.2009 I got 5 btc from my friend free,I was trying to sold my btc and price was 5btc= $1.25.I can not sell my btc and I forgot my wallet ID.
I know will be looser again after 10 years when the price cap $100k and feel why I dont invest $100k on bitcoin.


Title: Re: When will the bubble burst?
Post by: Kronos21 on August 29, 2017, 06:51:51 PM
Why does everyone think that the bubble is bitcoin? You don't think bitcoin has shown people the point of exit from the bubble of the dollar? The fact that the dollar is the bubble, everyone knows already long ago, but had no alternative. May not be bitcoin rising in price? Maybe the dollar is losing its investment appeal and so it is cheaper? How about this idea?


Title: Re: When will the bubble burst?
Post by: stromae on August 29, 2017, 06:52:10 PM
One of the things that gets me thinking is when will the bubble burst and how many lives will be destroyed. With all that positivity around bitcoin i just needed to say this. It detests me a bit actually how a lot of threats are about buying lambo's and stuff. We are all looking for financial freedome here and i get that, but the market will burst like it allways does. And people who entered at the top will lose everything. The real question is not will it end poverty cause it wont, it will eventually stagnate and reach a cap. What do uyou think will be that cap? Can some of the smart guys do a wild guess compared to historical events?

EDIT:
For the record, too many people think i am talking about a bubble right now. I'm not... i don't care about these "small" fluctuations. I am seeing a future where crypto is implemented in our everyday life and where you and me will be the few who got rich because of early adopting even with just a few coins. I am talking about the bubble in 10-20 years like the tulip mania bubble in 1936. Allso please don't think that bitcoin will still be !the coin! Because That sounds really narrowminded. (Don't take this the offensive way)

We can't know 10-20 years later on. We can't even know 1 month later on. I first thought you're saying we're in a bubble. Then I read your edit messsage. Honestly, I also think there will be bubble, but this will take decades to happen or pop.


Title: Re: When will the bubble burst?
Post by: feelideb on August 29, 2017, 06:53:10 PM
Even bitcoin graph has a lot to tell us. There can not be price increase on perpetuity.


Title: Re: When will the bubble burst?
Post by: dedet on August 29, 2017, 07:03:56 PM
Sometimes what we expect is not necessarily what we want. we must try to be optimistic for success .. like a small initial bubble will continue to big ... same with us in bitcoin, initially get a small result and after that we will get many results ..


Title: Re: When will the bubble burst?
Post by: Justaguy2 on August 29, 2017, 07:04:21 PM
One of the things that gets me thinking is when will the bubble burst and how many lives will be destroyed. With all that positivity around bitcoin i just needed to say this. It detests me a bit actually how a lot of threats are about buying lambo's and stuff. We are all looking for financial freedome here and i get that, but the market will burst like it allways does. And people who entered at the top will lose everything. The real question is not will it end poverty cause it wont, it will eventually stagnate and reach a cap. What do uyou think will be that cap? Can some of the smart guys do a wild guess compared to historical events?

EDIT:
For the record, too many people think i am talking about a bubble right now. I'm not... i don't care about these "small" fluctuations. I am seeing a future where crypto is implemented in our everyday life and where you and me will be the few who got rich because of early adopting even with just a few coins. I am talking about the bubble in 10-20 years like the tulip mania bubble in 1936. Allso please don't think that bitcoin will still be !the coin! Because That sounds really narrowminded. (Don't take this the offensive way)

We can't know 10-20 years later on. We can't even know 1 month later on. I first thought you're saying we're in a bubble. Then I read your edit messsage. Honestly, I also think there will be bubble, but this will take decades to happen or pop.


I know we can not know for sure, but maybe if we look at the market caps of previous historical events and the size of addoption we could get a estimation? We need someone realy clever in here with lots of market knowlage and i know he should be lurking around this forum :-)


Title: Re: When will the bubble burst?
Post by: Stedsm on August 29, 2017, 07:04:45 PM
Never actually because we are not in a bubble atm and we still won't be, even in the future.
The price is growing considering the demand which is increasing and many big investors are not going to sell even a piece of their coins unless they see their decided goals reached, i.e.; 50k, 100k or some are even looking for a million. Reaching those levels in 10 - 20 years seems very unlikely (esp. that million) but we really don't know where will it go once the last bitcoin gets mined.
If you still think it may burst, then remember that there's nothing here which could go back to 0 and we will still have some buying pressure maintained to justify the fluctuations of Bitcoins whether today or in the future, so don't be scared about the same.


Title: Re: When will the bubble burst?
Post by: spazzdla on August 29, 2017, 07:07:48 PM
I bought in at the top of DEC 2013.. let me tell you.. I am very very far from losing everything...


Title: Re: When will the bubble burst?
Post by: SHAWN-MIDWAYS on August 29, 2017, 07:36:28 PM
Being waiting to see $5000 hope prices can surge that high before the month ends and to be honest I see whats happening to be some of the benefits of the bitcoin fork and not really a bubble  ::) If this turns out to be a bubble maybe it might burst over $6k :)


Title: Re: When will the bubble burst?
Post by: European Central Bank on August 29, 2017, 08:08:52 PM
For the record, too many people think i am talking about a bubble right now. I'm not... i don't care about these "small" fluctuations. I am seeing a future where crypto is implemented in our everyday life and where you and me will be the few who got rich because of early adopting even with just a few coins. I am talking about the bubble in 10-20 years like the tulip mania bubble in 1936. Allso please don't think that bitcoin will still be !the coin! Because That sounds really narrowminded. (Don't take this the offensive way)

so if you're talking a crypto that has conquered the world then the horrific bubble will already have happened if there is to be one. that'll be the final wave of speculation. once speculation is out of the way real users will make real use of it.

and the longer bitcoin stays ahead the more incentive there is for everyone to keep it ahead. don't get into the myspace/facebook crap when switching between the two cost nothing and took a couple of clicks. it's a whole different ballgame when people have real money invested.


Title: Re: When will the bubble burst?
Post by: omonuyak on August 29, 2017, 08:32:37 PM
Bitcoin is not in bubble yet and what we are seeing today is a normal assets growth. We should see what is happening including the large market capitalization as a sign of good things to come and as a sign of progress! Many will keep regretting of not buying early and  will always sell at lose because of panic. According to the op  those that will buy at the top will lose significantly because they jump in at the wrong time.


Title: Re: When will the bubble burst?
Post by: Justaguy2 on August 29, 2017, 08:35:41 PM
For the record, too many people think i am talking about a bubble right now. I'm not... i don't care about these "small" fluctuations. I am seeing a future where crypto is implemented in our everyday life and where you and me will be the few who got rich because of early adopting even with just a few coins. I am talking about the bubble in 10-20 years like the tulip mania bubble in 1936. Allso please don't think that bitcoin will still be !the coin! Because That sounds really narrowminded. (Don't take this the offensive way)

so if you're talking a crypto that has conquered the world then the horrific bubble will already have happened if there is to be one. that'll be the final wave of speculation. once speculation is out of the way real users will make real use of it.

and the longer bitcoin stays ahead the more incentive there is for everyone to keep it ahead. don't get into the myspace/facebook crap when switching between the two cost nothing and took a couple of clicks. it's a whole different ballgame when people have real money invested.

Mass addoption will get people to switch to the better coin, which one that will be depends on a lot more things then we know now. Fast speeds, transfer fees are important. But cashback or payment cards, government controle whatever will get people to the other side. You have a valid point when i say crypto then indeed BTC will have bursted allready :)


Title: Re: When will the bubble burst?
Post by: SvenBomvolen on August 29, 2017, 09:01:26 PM
Why thinking that this is bubble that is going to burst? Don't always think for the worst, sometimes things can really turn out good and Bitcoin is one of them. The price has still big possibilities to rise more and achieve 5000 or 6000$ easily. Some corrections will happen also but not in the form of big dump. At the moment there is nothing to worry about.
I also think that there is nothing to worry about for now. The meaning of "babble" suits more to fiat than to digital currency. I suppose that the price for bitcoin is going to grow constantly with some falls that are just inevitable. Only banning from the side of Government can stop bitcoin, nothing else.


Title: Re: When will the bubble burst?
Post by: stolendata on August 29, 2017, 11:49:50 PM
Why thinking that this is bubble that is going to burst? Don't always think for the worst, sometimes things can really turn out good and Bitcoin is one of them. The price has still big possibilities to rise more and achieve 5000 or 6000$ easily. Some corrections will happen also but not in the form of big dump. At the moment there is nothing to worry about.
I also think that there is nothing to worry about for now. The meaning of "babble" suits more to fiat than to digital currency. I suppose that the price for bitcoin is going to grow constantly with some falls that are just inevitable. Only banning from the side of Government can stop bitcoin, nothing else.
yes that is right that bitcoin investment is still safe investment. because the interest of the people in bitcoin is still increasing which is making bitcoin  more stable and stronger, i am hopeful that those people who will invest money in bitcoin in present time they will also get good profit after some months, because the bitcoin price is expected to reach to 8000$ very soon.


Title: Re: When will the bubble burst?
Post by: aeternus on August 30, 2017, 07:01:06 PM
And people who entered at the top will lose everything.

why? all you have to do is wait around for it to rediscovered again. the innovations won't stop and new users won't stop coming. the potential userbase has barely been tapped.

people who bought at the top in 2013 were underwater for several years. all they had to do was wait. if they're weak enough to sell at a loss then that's their problem.

That is when you think it will reach another ATH, but the cap will get reached and the big wales will retreat some day. That is just statistics. Too much positivity just gets me wanting to say "hey guys, keep your feet on the ground because it will get ugly one day." That is allso the reason why i have descided not to tell my friends to much about it. I'm sure you have seen some artificial shit ging on like with NEO even today, that stuff will someday ruin a lot of peoples lives.
That is the nature of the capitalist system, there are winners and there are losers, bitcoin is undervalued at the moment it is possible that in the next 20 years bitcoin becomes overvalued  and people lose their money but this is nothing new, did you forget the people that bought overpriced homes in the US and that now owe more money than their house is worth?


Title: Re: When will the bubble burst?
Post by: Oceat on August 30, 2017, 08:31:18 PM
And people who entered at the top will lose everything.

why? all you have to do is wait around for it to rediscovered again. the innovations won't stop and new users won't stop coming. the potential userbase has barely been tapped.

people who bought at the top in 2013 were underwater for several years. all they had to do was wait. if they're weak enough to sell at a loss then that's their problem.

That is when you think it will reach another ATH, but the cap will get reached and the big wales will retreat some day. That is just statistics. Too much positivity just gets me wanting to say "hey guys, keep your feet on the ground because it will get ugly one day." That is allso the reason why i have descided not to tell my friends to much about it. I'm sure you have seen some artificial shit ging on like with NEO even today, that stuff will someday ruin a lot of peoples lives.
That is the nature of the capitalist system, there are winners and there are losers, bitcoin is undervalued at the moment it is possible that in the next 20 years bitcoin becomes overvalued  and people lose their money but this is nothing new, did you forget the people that bought overpriced homes in the US and that now owe more money than their house is worth?
They said early bird gets the worm and that is exactly happening to those millionaire right now in cryptocurrency. They were the first one to meet bitcoin and just lucky to get more coins i guess. The people are really doing it when someone is making a hype, we are just like ants or bees that populate the system if they smell something that's sweet.


Title: Re: When will the bubble burst?
Post by: aeternus on September 05, 2017, 06:12:53 PM
As Market Watch says, there are three reasons that could lead to a brutal correction of this crypto-currency: First of all Bitcoin signs the return of financial bubbles, then it will certainly lead to overinvestment and a Wild speculation, and finally the bubbles always end up bursting. And these corrections will undoubtedly have unexpected training effects.
Bubbles are not a completely bad thing, the last dot com bubble brought useless companies, that is true but it also created some giants and the interest on them created an incentive to adopt the internet even faster, and I think the same is going to happen with crypto.