Bitcoin Forum

Wall street grows ever more certain Bitcoin is a bubble. I can't even say they're wrong. Flirting with $6000 per coin and low economic utility? For as dumb as Jamie Dimon sounds every time he says anything about Bitcoin, the tulip bubble analogy looks less and less inappropriate all the time.


Blockchain utility doesn't make crypto not a bubble. That'll be important to remember for people buying now expecting to make big gains at this cost basis, and there's real risk there.

Looks more and more like it to be honest, it's likely managed to get to this point due to the volume of people who aren't engaging in the market, I have a feeling that once the price gets to a point there will be a bubble pop that will massively correct the market. Or it might even be a bull trap, following some of the market graphs that exist. I would not be surprised in the slightest if there is a massive bubble forming and the market might collapse. Hopefully that's not the case but it doesn't appear sustainable.

The thing that could justify its quickly growing value would be its potential for mass adoption.

What if it can't become The One Coin to rule them all and in darkness bind them?

Even if we were to discount the current shortcomings preventing it from scaling, the problem is that it lacks uniqueness. What this means is that there could be btc-2, btc-3, and others, that are none too different from the original. No real scarcity.

The original cryptocurrency is in the hands of very few, there's little reason for the vast majority, who are still not in it, to adopt it, when it means gifting the world to these few. For these ones the alternatives should be more appealing.

It's important to distinguish between a bubble and a deflationary currency. Bitcoin is a deflationary currency.

yeah  a bubble.

at 5500 it was a bubble

at 4500 it was a bubble

at 3500 it was a bubble

at 2500 it was a bubble

at 1500 it was a bubble


To be fair in the fall of 2013 it went from 92 usd to 1200 usd

and by Jan 2015 dropped down to a slow as 180 usd.

So if it did it once it could do it again.

Are they mutually exclusive now? I'd posit that currency, that's not inherently valuable, is always a bubble of sorts.

I suppose the problem with its lack of uniqueness I mentioned above could be "solved" by building a quasi religious following around this one. Lacking that, a monopoly forcing its usage would do, too.

Bitcoin right now really looks like a bubble if seen on the perspective of them who does not use bitcoin regularly. They dont know what is sustaining bitcoin to it's current prices but I think no bubble can be so resilient like bitcoin is. Still, Bitcoin might be a bubble because even if it is increased twenty fold because of mass adoption, price growth happens too fast. For this reason, I believe that when the expected massive drop comes, it would go way back probably to the price where it should be now.

Everything must come to an end the question is how long, but it doesn't apply to Bitcoin. If we continue pumping and pumping, then it blow and burst like bubble, to prevent from this to happen. we need to change the momentum all the time, just like market correction and market oscillation like waves, it is just like making a breathing pattern to sustain for a longer period of time. Since the beginning bitcoin was a bubble according to the experts. If you are an early players of bitcoin you will really know if it is bubble or not, once it will burst you will not regret bitcoin because you were there during its ups and down like riding a roller coaster, an enjoying the moment until its last breath.

This is a ridiculous post that makes no sense.  It's irrelevant that bitcoin is
deflationary.  Bitcoin is all about supply and demand, and right now the demand is
extremely high.  But what happens if all the jokers who piled into the market suddenly
want to sell at the same time?  BUBBLE POPS.  The deflationary nature of btc
does not rule out such an event.

It will always be a bubble. Bitcoin is a bubble. Every time that it will pump up and the price is dumping it is considered a bubble but bitcoin is always regaining it's status and multiple times it did break its own record. Technically, the action seems a bubble.

But the tulip bubble analogy IS inappropriate. How can you compare tulip bulbs to one of the biggest inventions of this century? Did you actually try to understand how BTC works? Do you realize how really big this breakthrough is?

Bitcoin is not a bubble because all of its prices are because of the progress of bitcoin and the bubble is only applicable for the altcoins because they are the easy ones to become a bubble because of their cheap price that makes the whale easy to buy them and manipulate them because of the cheaper rate than bitcoin.

It has been asked a lot of times, nobody knows if we are really on a bubble, but the price is going up so quickly, and that is why a lot of people and governments are starting to say that we are on a real bubble. And maybe it is true, only because a lot of people are joining this investment to make much more profit.
But nobody knows, maybe it can still go to $10k, maybe $20k, who knows? nobody can predict what is going to happen with it.

Everyday that goes by, opinions will be expressed with several people coming to make themselves relevant. As much as they have their own facts to have made such conclusion, they should stick to it and allow those who can take the risk do so to the best of their own ability. Wall street and finance experts have known to made rich of their own pocket at the expense of those who put money in their care but when that is being taken away by the advent of crypto-currency one can predict the kind of expression that will bring about.

this question asked for 1000 times. and answered 500000 times. And the answer is simple bitcoin is revolution and these words are coming from capital whales.

FOr me blockchain is the future and certainly not a bubble. as for BTC itself one thing is clear, the price is not driven by demand or growing usecases. the Price is driven by speculation on the future of the technology and on the huge profits it´s been providing. That said when newer and better tech arrives BTC will loose value or will be kept as a store of value asset as it´s proven its strengh . If its a bubble, will now after or if it bursts:)

As for Jamie Dimon we should ask hm, how a huge expert on driving profit out of speculative assets could have missed the biggest one ever. Because even if the bubble bursts, BTC won´t be erased from history:)

It's not goos but yes, bitcoin is really like a bubble. Why? Because everything can affect it's price like anything can burst bubbles, it just needs some words and ops, bitcoin price can fall or rise by 10% in one day. This means it's easiest to manipulate coin and current price is nothing but a fake combination of numbers by big players in crypto world. It really makes me anxious that china can manipulate bitcoin by saying only one proposal.

not yet

They gave been saying that for a very long time Warren Buffet said it when bitcoin was at its infancy and no matter what they said , it has continued to grow and grow and this bubble doesn't seem to burst at all.

Looking at charts, a case could be made for bitcoin's price peaking at the end of every year since its inception. Every year except 2014, when silk road was shut down. If I'm remembering right, china also banned exchanges or passed some regulation which caused bitcoin's price to decline by a massive margin in 2014. We're nearing year's end and so for those who know bitcoin price movements, it is normal for a peak to occur during this time. Its not necessarily a bubble, this always happens, and has happened every year except 2014, as far as I know.

To add to that, we've had reports of bitcoin's userbase doubling every 12 months. This is the type of exponential growth which rivals a zombie outbreak. It may be fair to say cryptos userbase is growing at a viral pace. This increase in demand hints against a bubble. A doubling bitcoin userbase is analogous to general motors customer base doubling every 12 months. That would represent spectacular growth. It would be marked by a significant increase in year end profits/stock value and so the argument of bitcoin being a bubble may not be the best.

There is an interesting context in this quote here.


"Absence of fundamental economic backing".

If bitcoin's userbase doubles in a 12 month period can we label that a significant form of fundamental economic backing? If bitcoin trading volume increases significantly, does that qualify as economic backing? The answer to both of these questions may be: yes.

The stance of bitcoin being a bubble may be based more on misinformation and misdefinition of terms than it is economic fundamentals.

If you look everything by this way, you can realize that almost everything is on a bubble, not only bitcoin and cryptocurrencies, a lot of financial systems like a lot of banks, governments, and a lot of bussiness are in a bubble situation, maybe we are on a bubble, yes, but this is nothing to care about at this moment. Just enjoy it and take as much profit as you can, maybe this is one of the last opportunities that you are going to have to make such that profit in less time than other investments.

Everything has its phases of up and down and btc has shown itself to be resilient enough time and again, so it can be confidently said that its not a mere passing bubble. Sure, the prices swing, but which market doesnt? Calling it a bubble will be ignoring the immense potential it has,either by itself or the technology off which it is based.

Currently not really, but we didn t have any very* strong fundamental informations. What we actually got lately was an dimon OPINION. Which has tmporary impact. You can actually buy some things by bitcoin so  maybe it is not bubble?

Nobody knows if we are on a real bubble, but i am happy with bitcoin because we all know that we can still make money from it, so i will not withdraw my bitcoins until i see a nice opportunity to sell them at a nice rate. Maybe i will sell most of them at $8000 or $10000, but it depends on the opportunity and how does it goes through the next months. I dont know yet, but if we are really on a bubble, the price will go much more than the actual price, i mean, this is just the start from the bubble that everybody is talking about.

They said the same thing when it was 3000$, 4000$ , $4700 but it got sustained and even moved further until now  so what are they saying? Even if it's a bubble it will re-bubble after the first bubble burst. Haters will always be haters and bitcoin will always put them where they belong.

Hey

Well bubble here means something that is fragile and is initially big and suddenly it shaters all hopes by just disappearing into nothing...

I think It definitely is !!! Because right now people are investing and thinking nof encashing them out suddenly qhen the proce hits its Maximum value and they get their free bitcoin gold.
Events like this have also happened in the past this it won't be anything new if it continued to rise and decides to fall down suddenly, but if people held on to their btcs then after the hard fork it will be so much easier for everyone to be able to gain profit by timely investment but I don't think many people are going to hold bitcoins after that.

In bitcoin it is not called a bubble because it is called a volatility and that is what you need to do some research before comparing bitcoin like a bubble because the volatility of bitcoin is up to the people's emotion and that is not a kind or considerable as a bubble because bubble pops out even there is no cause or reason while bitcoin only reacts to the emotion of the people so that is a complete different thing between bitcoin having volatility and bitcoin being a bubble.

ICOs, yes. Crypros, yes. Bitcoin? Not necessarily. When the others do crash, Bitcoin is just going to become even more valuable. It has the advantage of being the first and the established one (and specifically less manipulated than Ether over the ICO craze)

It's definitely speculative.  But the term 'bubble' typically refers to something that is so far
removed from it's FMV, that it's prone to severe corrections that then stick (e.g. deflation
of the bubble).  The most recent drop to $3000 per BTC would qualify as such a correction.
But as we've seen, that did not stick as the new FMV. On the contrary, we've moved above
the previous high.

Isn't the price of Bitcoin also heavily dependent on the price of other crypto currencies in the market though? I don't understand how a majority of the market can go down while Bitcoin is the lone survivor.

Bitcoin is not a bubble. The currency yes it has great value growth since its beginning but it was supposed to do so. We are talking about a new currency that was dropped in the economic world having the capability to be accessed by anyone everywhere, instantly. As its mining grew bigger and bigger (supply) so it were people that wanted it (need). Because of that its price skyrocketed, beside some normal corrections. What concerns me is what will happen when BTC reaches its mining capability. My projection is at that point the price will fluctuate for a wile until it fixes to a certain price with the minimum fluctuation as possible like all fiat coins. 

The day bitcoin stops being a bubble, will be the day they the entire blockchain will stop working or would have been destroyed and since that day is not anywhere near yet, we just have to get to this kind of news because it will continue to come any time a landmark achievement is done when it comes to price. Why bitcoin is a bubble, is what I am yet to understand, because comparing it with fiat with relative stability is just not right.

I believe that fiat would have bursted if not for the support its getting from government agencies in other to keep it relevant but the moment they lost it, it goes into flame. 2008 comes to mind and Zimbabwe issue is still fresh in our memory.

Maybe, but it does not have to be, everything is limited to what we believe in, and let's take a look at how bitcoin is now on the market.

Yeah the risk is always there and look on how Jamie Dimon is now going to implement blockchain technology to his JP Morgan Chase, is that a crazy thing right?

Not giving some ups to the original tester of this great technology which is bitcoin and even calling those people that are trading it as stupid ones.

I don't know what is up on the mind of this guy and he keeps on quacking about bitcoin, bitcoin might be a bubble before but I don't think it is now.

yes agree with you bitcoin is not a bubble. We have already passed from correction phase. In fact bitcoin is now introducucign troughout the world and more poeple are now taking interst to invest their money in bitcoin as bitcoin is consider as the most safe and profitable investment, the increasing demand of  bitcoin is in fact increasing the price price of bitcoin, therefore we can say that bitcoin is not a bubble any more.

For me we can past the stage where bitcoin is a bubble. I remember when Japan just enter the scene, the price went skyrocketed and may said that its a bubble, well there's price correction after but its not a bubble and I don't think that we will experience again bubble in the history of bitcoin. A lot of investors already, no one can manipulate and burst the price. The attacks on bitcoin was quickly silent by its price able to recover in short amount of time.

                      Literally that is the definition of what bubble is, and it seems that so many people doesn't understand the application of that term in bitcoin. Why would they say such "bitcoin is a bubble", why would they keep saying that? I've been hearing that term since before i started, always saying bitcoin will disappear immediately after that huge pump, but guess what? it was still at his spot.

The price is starting to get down again so this is the bubble? No bitcoin isn't a bubble, many times bitcoin has been told that it is a bubble. We know that it's market is unstable and decentralize so it can get up and low any moment from now. And what now if the people are hoping to get some big gains through bitcoin as it is really possible to make some decent gains here because we experienced it's for real.

it is a bubble. Not at all, but partially - yes.
Many people buy bitcoin not as it was designed - as a payment instrument, but as some magical thing which price is constantly growing. After Bitcoin will reach some big price it will stop growing and will became just a good instrument of payment. At that moment we will see how big was a bubble part in it.

Bitcoin is in bubble. We just dont know what the correction will be.
$10,000 , $25,000 or $50,000. :)

Bitcoin is the new gateway for money to be safe. The more people trust it ans save their money in it, it will just grow.
The moment we will loose faith in it and believe that is not safe and start to cash out then it will collapse.

Yes agree, the thing that makes it so is decentralization, if we have a lot of bitcoin then we can make bitcoin bubble, but the fact that the market cap has reached more than $ 120 billion and I'm sure it will be difficult for anyone to make bitcoin bubble.

And in fact you're already seeing this. We have a seeming unlimited amount of altcoins that serve zero market purpose, for starters, and now it appears we're entering the era of deliberate BTC derivative garbage coins. First there was Bitcoin Cash, and now there is Bitcoin Gold coming in the next 24 hours that is a blatant scam coin (the developers are pre-mining before they release the code publicly). Even if such a garbage coin doesn't gain traction, the ease with which garbage coins can be spun out and retain the name damage Bitcoin's reputation.

That is what the losers keep saying until now but it has made so many people millionaires and billionaires...

I think one should say nothing about something if he hasn't used it or experienced it in his life. Giving opinion about an unknown thing  is very wrong I think because it discourages people and the that thing and for no reason. In case of bitcoin it is a well developed currency and its development is not stopped yet, it is developing day by day and daily it is introduced to new people, thus it has a very vast usage.

All the value it has aquired is merrly due to te increasing traffic over the internet for bitcoins. More and morr people are trading/using/investing in bitcoins and thus the more market share and trust the more the value. Bubble theory may be right but then same should be applied to other growing commodities and even equities. For example gold and other valuable stones dont drop their value, or have not done so for a very very long time, though their growth is very slwo compared to bitcoins but is it true that they are also creating a bubble that will pop in the future?

All this bubble talk arises only because of the steep graph bitcoin manifests upon itself, which may be for various other reasons but we tend to attribute it negatively.

Bitcoin is not a bubble unless you also consider the case for US dollar as a bubble within world reserve currency deposits relative to trade done.    No one mentions this growth in political currency vs actual trade done but it has altered economics world over, hence no price can be considered as a bubble without reference to the worlds largest currency and excess liquidity.

The average user of bitcoin is not holding or even trading 1 bitcoin, I believe the majority are using smaller amounts on a regular basis to do simple business and money transfer.   Regular use is what matters most as an indicator to its continued growth.  The answer for a question of balance can only be given as a ratio so growth in market capitalisation or price of Bitcoin must be relative to its userbase growth and utility across the world.

Since 2014 I have observed a great deal of change which justifies the price growth of the last year, to what extent it continues to be justified is harder to say.   The most important thing is that regular levelling and resets in price occur, so far in 2017 this has happened and with further growth afterwards.    No bubble likes to be jostled about, it prefers to go straight up and follow the wind in a fragile way before popping, this is the correct analogy I think.    Bitcoin has been knocked down quite considerably in 2017 and does not in this simple comparison appear as just a simple bubble.   I think all reference should be to ratio of growth across the world and how BTC is part of that or not, if the userbase slows you have a sign

How can USD be a bubble if the value is stable or slightly devalued over time and not rapidly increasing? It's quite easy to say Bitcoin is a bubble without necessitating the USD also being a bubble. Relative to the USD, Bitcoin's price has rapidly appreciated. The USD value has not rapidly appreciated to any stable benchmark. I don't see the link you cite between USD and trade. What does that mean exactly?

My guess in this why they're declaring/stating bitcoin as a bubble is so that all potential investor who is planning to invest in bitcoin will have second thoughts about investing in it. as we all know that the value of bitcoin is increasing continuously and as more people tend to become hooked on investing here it'll possibly damage the economic trend of gold.

The more the price of bitcoin goes higher, and make many people millionaires the less people will think its a bubble. And over and over again we see bitcoin prices plummets to a low heights and we think that the bubble has burst, only to recover the lost ground and rise to new heights.

And now we are even seeing it going to $9000 or even $10000 this year, critic will call this another bubble, another fraud and based on speculation, but each time they attack bitcoin regaining its previous AtH and then pushing for more. if bitcoin is such a bubble then we will not see any recovery. I can't count how much "crash" we have in 2017 though, but we are still good up to now and we are still be doing very well in the next couple of years.

I don't think that bitcoin is a bubble as we can see a stable increase of bitcoin through the years even though the trend of bitcoin fluctuates. We could also see that it always beats its capped record everytime it goes down. So I think that bitcoin is not a bubble like what they're saying

from the beginning of 2017 bitcoin has become the first interest of investor for the short term and long term gains my be people from wall street dont like it that bitcoin is stealing their investors

To say bitcoin is a bubble is a very bad statement due to the fact that the bitcoin technology is in digital form that is to say it exist in codes so it makes it possible for bitcoin to accommodate any amount in it price in the market and will not burst as bubble Doe's, even if bitcoin rise to as high as one million dollars it will not burst because it has the capacity to do so.
Bitcoin is a defoliating currency which price is determined by it market demands.

If people wait for the right time invest then they will miss this bitcoin up tread and they think that Bitcoins are now in bubble and wait for it to correct.

Bitcoin is not a balloon, it does not care about me, but when is the issue that I'm interested in providing? so I am very curious about the peak of Bitcoin price, according to my estimates, we will soon find out.

Bitcoin is a bubble or not depend on your view on it. Someguys are serious looking it at a real business and spend most the time to work on it But some guys don't , they just can't see how much potiental on this currency.

nothing lasts forever...everything ever ends or dies...but bitcoin is a stable system that will exist dozens...maybe hundreds of years

I do agree, but saying its a bubble? i guess not its not like that, since before i started i always hear so many rumors and their own thoughts and opinions regarding bitcoin, just like this kind, they said bitcoin is a bubble, since then also i've been curious to know what really is a bubble, until i read back those past issues saying the same as it is today.

Bitcoin has no real value and therefore it really can be regarded as a bubble. It is impossible to evaluate Bitcoin, because it is not an asset producing value. It is impossible to predict how high the Bitcoin price can rise. The complexity of bitcoin mining is regulated artificially and directly proportional to the total processing power of the network. The cost of Bitcoin is growing due to the growth of the cost of its mining, creating a sense of growth in its value.[/td][/tr][/table]

As you wrote cost of Bitcoin mining are growing, so it is possible to calculate them. I agree that it is impossible to say right now if Bitcoin is a bubble or not, but we can observe some signals - like for example growing difference between costs of mining and price. Anyway if it is bubble or not, we will see after one big price correction, and it can happen when we reach $20k, $30k or maybe even $100k .. who knows..? :)

No. Bitcoin is a cryptocurrency not a bubble as other people said :)). If anyone tell you that Bitcoin is just a bubble I think you shouldn't believe cause maybe they just want to make you afraid about it and you'll sell your Bitcoin asap with lower price than the present price and they'll have chance to buy Bitcoin from you with lower price :)). Take a look back at the announcement of Jamie Dimon, CEO of JPMorgan Chase, you'll see it's the truth :)).

bitcoin is bitcoiin! and butcoin make bubbles on the market, today as bitcoin create bubbles on the market ( a very good bubble for the people having bitcoin ) many human are having their top onterest on the coin which givee more assets to bitcoin as new people come and get bitcoin the bubbles gets bigger and bigger .

Many are saying that indeed bitcoin is just a bubble. Ofcourse those who don't believe in bitcoin will say that. However, whether it's a bubble or not, it is up to the person like you and me if we will believe in it and continuously invest. We all since then that investment requires risk as well. This can be a humor only unless bitcoin will continuously prove itself that it is not.

Experts are saying that Bitcoin is slowly becoming a bubble because of a particular reason.
It is about what makes bitcoin special, which is more likely the fact that bitcoin is much easier to handle than stocks and at the same time will provide you a faster rate of growth and return in your capital. Yet, as we all know, the greater the thing is, the greater its fall will be.

The discussion of Bitcoin bubble has intensified recently. Many economic experts are now calling bitcoin a bubble because of recent insane price surge without any intrinsic price. But what they fail to understand is that Bitcoin is giving people a alternate way to save their money from fiat inflation and to earn high returns. This reason is enough to sustain the value in short term. For long term, Bitcoin indeed need a overall adoption from merchants and vendors but high volatility and fees and slow transactions limit that. But to solve that lightening network is being tested. I feel Bitcoin will stay longer.

Banksters, a few prominent investors and Nobel Prize winning economists including Robert Shiller and Joseph Stiglitz have called Bitcoin a bubble. Right now, with roughly around 0.01% of the world’s population using Bitcoin, it already has become the 6th most valuable currency in the world, but this exponential rise in Bitcoins price in just a few months somewhat does confirm the bubble theory. It's highly likely Bitcoin is in a bubble, but it is impossible to predict at what stage in the hype cycle Bitcoin is in now because it is an entirely new experiment in decentralization, a disruptive technology and historically it is evident that all new technologies go through hype cycles (bubbles). It is somewhat hard to value a new technology’s intrinsic value using traditional valuation methods and that's what is happening with Bitcoin, technology-driven adoption is getting overshadowed by hype and FOMO.

Even when Bitcoin was worth zero it had value since it solved the unsolvable 30-year old Byzantine General’s problem. These bubble conclusions are solely drawn based on price movements only, without giving much thought to fundamentals, utility, technology, and ignoring that the value proposition of Bitcoin has the potential to set new price milestones without really being in a bubble, but most importantly given the adoption is organic, technology and utility-oriented rather than mere speculation/hype.

I have most of my money in bitcoin form. Let's say that bitcoin is indeed a bubble, then we can't really do anything about it. I'm thinking that people are just simply trying to apply things like "Whatever goes up goes down" to our situation. Bitcoin has grown so much this past few months and people are using that as a basis that bitcoin is merely a bubble. I think that at some point bitcoin will go down. Bitcoin is still just an experiment about decentralization and all these new features in this new monetary system. That "point" where bitcoin will go down can be a lot further than what we are thinking. It can be 10 years from now, and so the people that posted that bitcoin is a bubble can go "I told you so" drama right away. But bitcoin can go down after a couple hundred years after it has become established and after it has been the most used currency.

Like right now, no one's really thinking that fiat is a bubble. But we all know that fiat will go down one way or another because of all these new innovations coming in. People are becoming smarter and smarter and I bet that people will soon realize what's going on with their fiat money. Constant inflation, government constantly printing money, and fiat not being backed by any commodity. The only thing that gives that paper value is our belief that it has value. Unlike bitcoin that has value because of the features that it has or a utilitarian thing.

I think most investors are aware of that and we've had bubbles before than affected the markets in general. And though i also think btc can burst, it's not going to be the same as the dotcom bubble that pretty much erased it entirely. Bitcoin, ir cryptocurrencies in general,  is a revolution that may very well shape the future of how we do transactions. So it's really not about the price anymore.but the use of it in the future

A bubble is formed when the underlying asset has some major flaw or crack which normally people are unaware of. Bitcoin is not an asset, it’s a currency. Or in better words, it is to be used as currency and not as an investment. The problem is many people have bought bitcoin as a digital gold or a long time investment to sell later at high price.

Yeah it is depends on what we believe ,if we think its a bubble then stop investing but for me its not a bubble ,many of us help by bitcoin and this is one of the reason why i still believe in bitcoin.

Belief, trust, faith, confident... or whatever word we would like to say about the future of Bitcoin to other people they will still say something that Bitcoin's price increase is a bubble and we can't really blame them though because what happened to Bitcoin is a historical event of our generation as this is never happened before and the first time a currency that valued so big even it's intangible.

Those rich and well known individual that says something bad about the future of Bitcoin or any other kind of cryptocurrency are just a wanna be experts that hides their motive because they are just scared to what will be the adverse effect to their businesses.

everyone can said their opinion about everything
for me, the only value cryptocurrency has is digital value, not like the other asset
how much digital value compare to other asset like gold? higher or lower?
i think it should be higher if we talk about currency
is current price will be a bubble? maybe if too much people pump their money just to get higher price not to use it as a real asset
every bubble will reach the top
but in what price is that? i'm not sure but it should be higher than now

Well, it’s kind of a bubble, but some has always claimed it is not a bubble rather it is being moved by the amount of investment that people are making. Every time I go online I usually see some economists call bitcoin a speculation. Finally, I believe Bitcoin is being moved by the rate of investment people are making, but Volatility depends on devs.

I don't think bitcoin is bubble.From last weeks it's price are quite stable,People are investing in bitcoin and not just investing but trading too and doing business with it.All type of investors are investing in them,Big money makers to small traders all are putting their money in btc. There might be some dip in price which is also looking impossible right now.

I highly doubt that Bitcoin is in a bubble, but I don't think the price is stable yet either.

Well, no sooner said than BTC drops 28% in just a week!  There are few assets that move with that kind of volatility.

Nonetheless, 'bubble' is a pretty strong term. It implies a stratospheric disconnection from and underlying valuation due to public sentiment. That's not a fair characterization of BTC price action, even given the recent plunge. A more appropriate description is Price Discovery. Buyers and sellers are working out what the fair exchange rate should be for this new asset.

No I don’t so because if it was a bubble then why people from the entire world would invest in bitcoin. They are not stupid. Bitcoin is not a currency of a country which may not be welcomed in the rest of the world, it is worldwide currency and all the people in the world can buy, sell and use their holdings any time anywhere in the world without any hesitation. There is no doubt that bitcoin is real, authentic and the most believable crypto of the world.

Everytime bitcoin hits a record, many will says it's a bubble.
Yes, it can be a bubble but look at it now, bitcoin has a promising to be a good commodity in the following years and it will still the top cryptocurrency.

It can be called a bubble but returning bubble. And never popping up bubble. See this bubble is getting bigger and bigger and to when it will explode it will make first a lot to be multi millionaires. I guess we should thank that bitcoin is a bubble and along this bubble other altcoins also are doing well. Long live to crypto! ;D

Yes, bitcoin is a bubble. Some bubble people are looking for needles to blow this bubble. But I think they will never find it. And this bubble will also contain them.

Some Banks are saying that bitcoin will drop to 1000 dollars. Do you believe thats possible?

It depends on how you look at it. For some, this is a bubble for other investment opportunity. With such large increases can be expected that the price can also quickly fall.

The reality is important not that people saying non sense towards bitcoins. For many years that bitcoin proves that it is not a bubble, but due to some false accusations and black propaganda towards crypto it may affect the image and price of bitcoin. I know bitcoin have already strong foundation and it can really survive from crisis.

Now thegarden  say bitcoin is a bubble but it’s technology will change the world  we just need more time and all will stop saying bitcoin is bubble.

all say bitcoin is biggest thing happen’s this year

The recent spike to me though was a bubble but bitcoin is not a bubble on its own and it sucks that a lot of people were not really helping situations at all, especially for the new investors who were not seeing bitcoin as a digital currency that is decentralized but an asset that would make them rich in few years time. I am sure the awareness is already there and most of them would have learnt their lessons by now and very soon, bitcoin is going to be usable and then we will see the main demand for what it really is.

Hi there...

This is not buble. Because bitcoin and another cryptocurrency decrease the value in partialy time.

Buble can happen when bitcoin and another altcoin decrease in one time and have same value.
Because investors selling investation in panic at one time.

I doubt that Bitcoin is in a bubble, but it's currently struggling to maintain its price levels which I think is just right given how it's also struggling to service its users by confirming transactions in a timely manner.

I think it is definitely a bubble in a sense that its price is way above its "real" economic value. The problem is it is not possible at all to predict whether it will burst at some point or not. The gold price could also be seen as a bubble for similar reasons.

I think the main point that makes Bitcoin quite riscy and unpredictable is that it is not unique in a sense that the technology which will probably change the economy is not tied to bitcoin. So it could well be that at some point another coin with better scalability, more privacy or whatever other advancement will outperform Bitcoin and then BTC could drop. But it could also stay a long-term investment and rise while the other coin is used as a means to pay for goods and services. So I guess its hard to predict.

That big banks are always very vocal against BTC as the most prominent member of a new class of currencies is also very understandable. In its ultimate consequence, the blockchain could have the power to make banks unnecessary.

I see the potential of bitcoin so i think it sill never hapoen and bitcoin is not a bubbl because if you see the total of volume on the market you will see howbitcoin is strong now than before but if bitcoin is a bubble if all goverments ilegalized or banned this.

I think Bitcoin is not doing so well as a mode of payment/transfer. With this, its value will soon fall to what it rightfully deserves.

Of course it's a bubble, as any economic event: one day, it will end and it will replaced: nothing on the earth is eternal.
But until the end, we'll have a lot of opportunities to gain, so it's better to profit! :-)

They compared bitcoin as a bubble because of its highly volatile characteristics which fluctuates rapidly from time to time. It has no definite amount and the characteristic of bitcoins of going up and down is a perfect concept to earn huge amount by using buy and sell method:)

There are rumors that the world economy will collapse for some time,what is the position about it ,does any bank give a clear information about that,which banks are you talking about,there are people speculating about the bubble and if that bubble bursts it could come down,but i do not see that kind of burst happening.

Yes, well of course it´s a bubble. It was the god damn only subject down on the local pub last night.. there I am, trying to enjoy a Jack Daniel´s in Lemmy Kilmisters name (as always the 24th) when people all around me are talking about the "crash" and "what did I say" yada yada bubble bubble. Soon the bubble will be so big that the only ones left outside are the skeptics.

I see bubble Bitcoin is also not entirely true. Firstly if the bubble then it will not decrease slowly as the present that will disappear immediately. And cryptocurrency market is also very potential because of the next of Bitcoin has a lot of potential as other copper: Ethereum, Dash, Litecoin, Ripple, etc. If the Bitcoin declined in value will have 1 alternative location of crypto Bitcoin at present, and I hope it is, because of the Ethereum crypto growth of it very strongly.

Absolute nonsense to compare btcoin with the tulip bubble! Tulips are not and were not needed for the daily living and they are also not in competition to governmental offers. Tulips were a temporal mode for rich people to show they are rich. And now please tell us what they have to do with bitcoin which is a payment and value storage system that almost everyone needs daily?

Bubble... A bubble ?!   ??? dafq is u talkin about ..  just watch a vid -  https://www.youtube.com/watch?v=zVrTEvwjdDY

On a serious note: agree with ppl it's a bit overpriced for the time being, hype is hype.

Nobody can predict when the "bubble" will explode; in the meanwhile, we can trade and make a lot of good gains.
Actually, nothing on this planet is forever... so, profit now, and then...we'll see :-)

It totally depends. Anything can be a bubble based on the current incident at a particular point in time.
So far, bitcoin is not even usable yet as a currency and it was obvious people were getting the wrong idea of bitcoin as a pure speculative asset which totally made all the things that happened to be a bubble which we have seen to have caused the recent downtrend recently.

However, we cannot expect to see stuffs like this, but i am sure over time, bitcoin will be more of a real currency than just a speculative asset.

Bitcoin not absolutely bubble. if the blokcchein technology is included into economy that it there will be a world currency. meanwhile it is some kind of investment, risky and highly profitable.

Many people are believing that bitcoin is just a bubble. We can't deny the fact that bitcoin investment is highly risky. Lots of money is involved that may change at any second. But if we will just be afraid of this bubble we will not get an opportunity to earn big in a small period of time.

It depends on the investors earners and users uses. They tend to sell a large amount of money and consider as a bubble by a sudden change of value. Cant help that if you got to go or commit something nothing is holding you back. Speaking of HODL they have some impact too especially from big time investors.

I read a very interesting article on that subject the name was "btc is not a bubble the btc and the needle". And it was magnificent how the author described some things that make us think.

Today the world bubble is the governments and banks that at any moment can destroy the world economy in a matter of days, inflate and deflate weekly and cause panic in several areas. The btc today and the needle that will pierce this bubble, will open a new path in the area of values.

The price is not a bubble, i can not understand why there is a lot of people trying to say this.. you all know that bitcoin is not a bubble and it will never be, and if it is "a bubble" just like everybody is saying, you should know that at least it wont crash for now

It is not a bubble...we are in a speculative stage but it will stabilize. That is where the bubbles becomes the normal way

I don't think bitcoin is a bubble because people have been calling bitcoin a bubble for far too long without a burst. Whether a bubble or not, i see bitcoin as an investment opportunity to invest and make a lot of profit for the long term, because of that i really love investing into bitcoin and few altcoins as well.

Actually, we are worried about not wanting bitcoin to become a bubble. According to the news I am reading it is also one of the reasons for writing about the government ban that will apply in 2018. If bitcoin is what bubbles will we do when the government began to impose a ban next year.

No its not a bubble. Although its a highly volatile market which has technology behind it.

The birth of bitcoin marks the arrival of a novel economic institution—just like the emergence of nation-states, joint stock corporations, private clubs and or stock markets.
So the entire point of bitcoin is to create a form of digital cash for use in the digital world.

Some people predict it as a bubble for all time because of it high rising prices. But its not.........!!

Those who want to believe anything will be ready to believe whatever they want to believe but that does not change the ideology of what bitcoin is.

The truth is that bitcoin itself have some values and the problem was because most people started seeing it as a get rich quick scheme without even knowing the real value and not holding bitcoin because of the fact that they see it as something that is set to liberate them from the bank problems over the year.

Well of course it is a bubble!!!! There is no doubt in that!!! For e.g look at the frenzy, a company changed its name from Long island icetea to Long island blockchain and its share prices skyrocketed in a couple of days!!! The real question is at what point of the bubble are we at??? If the price continues to rise, what is the breaking point?? This is a very tricky question and everyone can just guess but not separate the facts from fiction. Only waiting can tell tus what will ifnally happen in the future. :) :)

How does a simple name change create any interest in the project or company,it is not because of any speculation with the name,there is something wrong with the investors to invest money into any name similar to bitcoin or block chain  :D this is not a bubble caused by bitcoin but it is a problem created by the mentality of the traders.

The way I see it most investors are not rational in the crypto markets. A big portion of the trading is done on hunches alone, and people don't really try to find any underlying value. If the asset you're investing in doesn't have any long term plan for actually being useful, then it certainly won't be worth much in the future. Bitcoin doesn't really offer very much utility right now, with such high transaction costs. Anyone that can transfer money legally will do it in another way. This just leaves people that can't transfer legally, and a black market like that is bound to be hit hard by governments.

Now that Bitcoin almost hit $20,000, there is even more reason to think that Bitcoin is a bubble. For me, a bubble is a state where an asset is bought and sold at prices substantially exceeding the price determined by its actual use for the purpose intended. In case of Bitcoin, it should be used as means of payment or Internet money. But today Bitcoin is used exclusively for trading, and its high price is due to speculation for the most part, not real world use such as in commerce.

Time will definitely tell if we can ever see that happen. However, this does not sound reasonable and you should stop listening to all the things being said by banks. They see bitcoin as threat and they find it very hard to admit the fact that bitcoin will end up exposing all of their atrocities and the level of slavery they have imposed on us over the years.

Bitcoin itself is not a bubble, but the rate at which people are getting greedy is what really makes the current incidence a bubble.

I think some groups of people are just creating a scare on bitcoin to create a bad image on bitcoin. Giving people the idea that bitcoin is somewhat going to blow anytime.

this has been discussed all the time and the answer is still no. bitcoin is not a bubble because if it is then it should be dissapear by now and wont exist anymore. however some people have a different understanding about the real meaning of a bubble because they think that a bubble is like a crash or correction. overall bubble or not, id still accept the fact if what will be the future holds in bitcoin. whether it will vanished or continue to grow id still be thankful because i know bitcoin and it gave me an oppurtunity to earn something in a comfort of my home.

Bitcoin is a technology that that would absolutely change the world and I am sure a lot of people are already seeing that, for those who understand what bitcoin is all about anyway.

Over time, the essence of why bitcoin was really made will come into play and then we will see people really using bitcoin because it is a currency and with the demand increasing for real, bitcoin adoption will cause the increase in value and things would change from what we see now to better days.

Only time will tell whether Bitcoin is a bubble or not. But such a danger exists. Perhaps the price of Bitcoin will be much lower in the future.

Even if it’s a bubble does that really matter?
No, I don’t think that matters, as long as the bubbles keeps in bubbling and also bubbles back whenever it gets bursts. People are kind of funny, they always come up with stupid names that don’t make sense, I don’t know who even came up with the word bubble for Bitcoin… I believe they did that with the intention of discouraging people from Investing in Bitcoin.

It works until it doesn't, and as long as it works it dosn't really matter but when it stops working, it suddenly matters a lot. That's the whole story behind bubbles. If we look back at the dotcom era, only a few startups made through it, and lots of people lost their money without a chance of getting it back. I don't think it is so much about discouraging people from Investing in Bitcoin or other coins as about warning them about the high risks of such investments. That they can lose everything in the end. No delusions and no regrets, truth is beautiful but so are lies.

Bitcoin can not currently say bubbles because they have not actually broken. Even last month the bitcoin gets big and the price is high but now the bitcoin has not gone down until the value is zero so bitcoin can still go back up again.bitcoin can tell bubbles if bitcoin it will fast big and then broke in instant.

Ignore those who talk about bubbles. Bitcoin was a bubble back in the $400-$500 days, and it still is today. In other words, it's a continuous bubble that keeps growing larger and larger throughout the years.

Once we're about the break through the $50,000 mark, Bitcoin will again be a bubble, which is something that will never stop. People who don't understand why Bitcoin has value in the first place, will even say that $100 is a bubble.

I however find it quite funny that despite these people not valuing Bitcoin, they still find it necessary to talk about it regularly, like it's part of their job. If you don't like something, then just ignore it, it's that simple.

It however has to do with them having missed the early train, that I am sure of.

I believe bitcoin is not a bubble but it can be a bubble i mean tbe price can be gone anytime, this can be lost the price if nothing want to invest in bitcoin and no one will use it.

If bitcoin a bubble then this currency has no chance to increase the value once again to go back in its power after decreasing the price.

there is already calculation about bitcoin price, check it by yourself.. so much about it in internet
the one i like the most is about linear regression
with that line we can compare current price and linear regression line
bubble if current price is move too much the line, just like when BTC price about $19k USD
according to that, i can said that current price is normal
you can use another type of analisis before said it is bubble or not

Many people say that btc is a bubble and to justify use a lot of arguments but these people forget that btc has a product behind all this value and that product has its purpose.

There are only 21 million bitcoin vs  There is an unlimited central money $ press.

To me a "bubble" is a good thing in tech to an extent. Sure if you look short term there is risk. However for the longevity of cryptos and blockchains the money brings attention and it will then bring entrepreneurs and developers. This in the long term will bring innovation. Think of it like the internet "bubble" sure we had pets.com and a bunch of scams and a bunch of failures but we also had companies like amazon and paypal. Look at our tech sector now it is booming again. If you are looking to get rich quick and easy sure be worries but if you want to build something great then this is something to relish. 

Bitcoin has become the ultimate bubble. The Bitcoin implementation has paved the way for a new era of technology, no doubt about it. From a technological point of view, Bitcoin is now nothing else but a dinosaur. Prices have reached a level where one can only wonder who these "investors" are and what they know about cryptocurrencies. If you want to learn more about why you should consider staying away from Bitcoin, just read my article on Steemit: https://steemit.com/bitcoin/@mwinter/why-you-may-want-to-reconsider-entering-the-bitcoin-market

agree with your opinion, if bitcoin is just a bubble, it will not take long bitcoin to dominate the market, bitcoin value only at zero bia position there is no user or investor who invest money in bitcoin. and in fact the value of bitcoin remains high and still rises.

I am amazed to see the response from many peopleaboutbitcoins. Actually there is a conception about it that if something is stable then it is okay but on the flip side if something is not that much stable, it shakes like anything than yes this bubble. But I think in the case of bitcoins, they are not bubble. This is the nature of them to shake up and down, so not bubble.

I also think bitcoin is no bubble, If it was it would't increase again after
it's price went down. Even when it went down again after it's highest
increased so far, it's still climbing up again. It reached 18k dollars it's
record high on 2017, it dominated the cryptocurrency then and is still
is now. I find it normal for people to speculate bitcoin as a bubble but
all it did so far was strengthen it's esteemed image, dominance and
popularity.

Something is a bubble when its value depends only from collective trust.
Of course this is true for bitcoin, but please note that it's the same for usual fiat money.
Why nobody asks: "Is dollar a bubble?"

this is far from the bubble. btc has a huge support, strong community. best recognized coin in the world and the price 13.5K is ok, probably won't drop below 10k. April should be a month for price jumps (many people expect to see btc over 20k). good luck

No. god.. how many times is it going to be asked? Came on guys, at least, be more creative, do not ask the same question all over the day once and once again.. it is boring.
Bitcoin is not a bubble, since it has features to offer.

If it's a bubble, you still have time to make a fortune out of, ensure good living for some future years and forget about this bubble. Bitcoin will be gone and something else will come. Easy, easy!  :D

Bitcoin seem like to be a bubble because of it pumping and dumping price. This is what bitcoin is known to be, it never grts stable until it finally reach the majority of the people. I dont think that a single individual may cause its value to suddenly dump it. Its price is all dependent to its holder and it's increasing demand. Bitcoin will only get zero once people stop using it and step trusting it. But what I can see is that, its becoming more in demand in the market abd gaining popularity even more.

People would really see it as something not suspicious, but the truth is that they just really don't know what really happening and what bitcoin us all about. Bitcoin will never be a bubble.

Hi,

I think it is actually hard to determine if there is indeed a bubble... as long as it has not burst!

The analogy seems pretty accurate. If you consider the graphs, it is striking to see how it corresponds. BUT. There is one big difference with the bubble we have already experienced: this one is not relying on anything "real". What I mean is that, of course, you can grasp a tulip. You can touch a house. Even with the internet bubble, there were companies with tangible assets.

In the case of bitcoin, things are pretty different. Indeed, it has always been 100% digital. You can't print bitcoin. This "market" has never been tangible.

I'm not saying that there is not bubble. I am not saying it won't burst. I just say that the situaton itself is quite different, so maybe the economic model will be too.

There is no simple answer to this question and depending on a number of factors it could turn out to be a bubble or not.

More like people who don't understand that Bitcoin has no inherent value in the first place don't understand what bubbles are. Bitcoin's price is entirely made up by consensus and is therefore arbitrary. Unlike a lot of things that also are valued through consensus, Bitcoin lacks wide-scale adoption, meaning the number of people reaching consensus on value is extremely small and shallow, and therefore much more likely to be an outlier than say the value of the USD which is valued through consensus by hundreds of millions of people (on the low end). Bitcoin's price is made up by a small number of people screaming into an echo chamber and slowly more people get sucked in at already higher initial prices, so it doesn't look crazy to them. But eventually, you will run out of new people to get sucked in, and you are left with only your small echo chamber, and there's no one to sell your coins to anymore at higher prices. That's when the bubble pops. Perhaps we are in that phase now that the price is on a heavy and steady decline. Only time will ultimately tell.

Is this your first crypto crash?

There is no bubble, there are only technical problem which will make btc a shitcoin is do not get solved. I'm not a fan o btc because is an empty token, this is my main problem with it, but I'm not also a fan because it consumes huge amounts of energy for nothing

Ha, far from it. It is the first crypto crash of this magnitude on a dollar basis, about $100 billion wiped out in the last 30 days. That's a first for everyone though because it's never happened before. I have no doubt there will be those who try to start the hype up again, insistent as ever that an asset with no inherent value and virtually no utility is really worth hundreds of billions of dollars. There's no shortage of things to be concerned about: low utility, volatility, shallow pool of market participants, more nimble competitors, expense of use. Each of those poses a threat to the price, but blind optimism continues to win the day. (Well, obviously not in the last month or so, but you get the idea.)

If we look at the bigger picture it's not a technical problem rather it is a well planned disaster by some investors or corporate by creating more supply and less demand to get the price the lowest as possible so that they can start again as a new investors and repeat the same thing when the value shoots up. If we stop panic selling this can be resolved.

Are you sure this isn't your first crash? You're definitely not talking like someone who has been around crypto for long. Nothing wrong with that by the way. Yes the dollar value is greater but the percentages are the same so its all relative. All those things you mentioned as concerns are absolutely nothing to the successful, determined people behind these projects that see the future of block chain technology and the coins that come with it.

It's like the internet, I don't know how old you are but were you old enough to remember when it first came out? How many people said it would be useless because people have nothing to say to each other, now 90% of their communication is by email, chat rooms, social media, messaging apps, and that's just a fraction of how the internet has changed our lives. It too was once clunky, slow, a real pain to use, expensive, the dot com bubble reached $6.7 TRILLION, crashed even harder than this little crypto speed bump and now look where the survivors and new corporations since the crash are now. Blockchain and crypto is still very young and being tweaked and improved upon every week, just like the internet was, just like any old technology in fact.

I agree the concerns you mentioned will wipe out a lot of coins, probably a good 80-90% of them, just like the dotcom bubble, but blockchain technology and Crypto currency is here to stay, its too great an advancement to just go away. The key now is finding which ones will be the Amazon and Google of the heap. Saying no utility is being very short sighted and tells me you have only invested in crypto for the capital gains and don't really know what the blockchain and its coins actually do or are capable of. Most of the coins have no utility, as I said above most will die like a lot of the early dotcoms did, but the 10% that do have the power to change our world a great deal just as email did, or smart phones or high speed internet connections rather that the old 56kpb dial up.

Yes, bitcoin is a bubble. Bubbles are not necessarily a bad thing at that but, it is a great thing too if and only if it encourages people to get something that is worth or beneficial to them. Still bitcoin must go on and life must go on and on and on.

I don't want to say it but yes bitcoin is bubble because no assets can lose valuable in such a short time like that. Only Bitcoin can.

Any assets that are too in the search and in the pursuit of investors are at risk of becoming Bubble, Bitcoin and all Altcoin at risk also become Bubble, so don't worry too much ..

I started messing around with Bitcoin in 2013. How many crashes would you say there have been since then? That's how many I've weathered. The longer I've been around, however, the more unsuitable I see Bitcoin specifically as a vehicle for value transfer. It hasn't scaled appropriately and now I'm personally convinced that it will eventually be eclipsed by a more useful cryptocurrency. Crypto on the whole I see as having a lot of promise, but any coin on an individual level much less so. And as for Bitcoin specifically, I see it as a has-been that's coasting on first-mover advantage and name recognition, but as far as competition goes, it's far inferior than all the other major cryptos. If I were buying at this price, that's what I'd be concerned with. Not that crypto will go away, that Bitcoin will.

I strongly support this view. I remember when in 2014 transactions were still fast and cheap but now Bitcoin has become a complete outrage and abomination to the crypto world. The only thing that keeps it afloat today is relentless speculation. But if it goes away one day and prices crash dramatically, we will have a clean slate and then we will see how Bitcoin fares against other cryptocurrencies, more advanced ones and actually usable in everyday life.

I've been expecting the bubble to "pop" or for the price to crash, but perhaps a slow deflating is what we're going to get instead. Could be what we're experiencing right now with the price hovering around 50% of all time highs, or the price could rebound and we resume the crazy upward trek into more bubble territory. One thing that is promising is the mempool was been clearing somewhat and transaction fees are coming down. People are attributing this to SegWit being more fully adopted. Taking that as true, that might help make Bitcoin in its current iteration run more smoothly, but it is still a hard cap on capacity in that it can't really grow any larger. It's going to take a lot more to address that issue. People say Lightning Network is the solution. I don't know enough about it right now to have a good feel about whether or not that is likely to be true. LN seems like a centralized solution to me, which is what people were complaining about with raising the block size to scale.

If BTC would have been a bubble, it would have burst by now. There is substance to BTC and crypto that's why they have sustained for long. But it is not that simple. BTC set out to fill a genuine need of an easily transact-able currency which everyone could use without any meddling from bank or central authority, something what fiat currencies couldn't. It somewhat succeeded but new limitations popped up transactions time, fees, block size etc. So either BTC solves them or some alt but crypto is here to stay.

Of course bitcoin is a bubble, if you mean that it will have an end: nothing on this planet is eternal, not event the planet...
But in the meanwhile, we can fully take profit form this "bubble".
When the end will arrive, we'll see what we can do.

The economy world is full of people who think bitcoin as a "bubble." They spread fear and doubt about bitcoin. They believe that the high price increase of bitcoin will encounter bubbles. but I think their critics and opinions are mere skepticism. It seems they just hate cryptocurrency. many of these people do not fully understand bitcoin. and they assume too far.

I face this with a doubt, I observe the year 2017 Bitcoin reached the highest price and this is a miracle. Everyone starts to find out about bitcoin. I feel the Bitcoin Increase is too fast so many people say "bubble". If it rises so fast then the price will fall quickly too, it's probably logic that makes sense.
so far I keep trying to convince myself that bitcoin currency is the future.

The price of bitcoin rose too fast because the year of 2017 was a hype because all of the people are just putting their money in bitcoin and believing to the predictions for the price of bitcoin that it will go up to $100,000 in the year 2017 but they didn't know that the hype was already high so the tendency is the price will go up and will experience a correction which is happening right now but overall, i don't believe that bitcoin is a bubble and i am still holding bitcoin because i believe for the price of bitcoin for long term.

That's not sound reasoning at all. Bubbles don't burst until they burst. The fact that a bubble is inflating doesn't mean that it has to burst at any particular point. It bursts when there is no longer an increasing mass of people accepting the delusion of the bubble. What is bitcoin worth right now? $10,900. What was it worth last month? $19,000. Has anything fundamentally changed in that time? No, except the consensus on what a bitcoin is worth. If more people thought it was worth more than that, the price would be increasing right now. It just so happened that when the price reached $19,000, far more people decided it was overpriced and would rather have $19,000 than a bitcoin, so they sold. Then again at $18,000 and $17,000 and so on until we reached a new equilibrium range between 10 and 11 thousand like right now.

Bitcoin matters much less what you think it's worth than what everyone else thinks it's worth. You can think it's worth $19,000 and so can buy as many as you can at $10,000, but that doesn't mean a thing if you can't find anyone else who also believes it's worth $19,000. And you're in real big trouble then if everyone suddenly decides it's still over priced and suddenly no one is willing to pay over $5,000 anymore.

If a bubble were visible from up close.It would lose its appeal to investors and burst as a result.It can help prevent a bubble from getting bigger.We should keep doing so and if its not a bubble even better;besides a missed opporturnity not much will be lost

Bitcoin isn't a bubble it is misconception everyone has but, in reality, bitcoin have organic growth due to limited supply and high demand bitcoin growth is huge in short period of time

Lot more can be said though as its nature is fluctuation. Every crypto currency's nature is fluctuation and this is the reason we can see more investors pitching into crypto plotform and thus the value of each coin grows up. The more the coins are in circulation and in demand, the value raises. If the investors buys and keeps within without much circulation, obviously the value either remains stable between very quite two figures.

The bubble part is nothing more than the speculative side of Bitcoin bursting out of its range, which gladly doesn't happen all that often. It's normal from time to time with how the mainstream media helps hyping up the momentum, but what isn't normal is that people constantly focus on the peak levels that we couldn't even enjoy for more than a day. Just look around you here in every corner of the internet -- there are so many people wondering when we will see that $20,000 peak again, that they completely ignore that current levels are very close to the actual all time high. I consider the all time high to be somewhere in the range of $9000-$10,000. Everything above $10,000 was manipulation in the runup to CME where the manipulators shorted the shit out of Bitcoin.

With a market capital of $130 billion, Bitcoin is too strong of a cryptocurrency to be in a financial bubble any longer. Though the coin is volatile and its prices can go high and low, the coin can no longer be banished as it is too widespread.
Also, the coin is heading towards being a mainstream currency. Currently, the coin is being used more as an investment asset with good amount of profit gains and also a medium to make transactions throughout the world.

Bitcoin being termed as a bubble could be because of the decentralization future with Blockchain Technology. It is seen that almost all the time the price of Bitcoin is solely determined by the number of investors or holders trading the currency at any moment in time. This cause diverse fluctuations and it is unlike the traditional systems where the currency and economy is controlled by the government and other sectors.

Yes, bitcoin is really a financial bubble and it is forced to recognize more and more of its users. To the bubble, the bitcoins were brought by the investors themselves, who after the purchase try to keep it to profit from the growth of its price. Since the offer for sale is small, and the demand for bitcoin is growing, its price really increases and at the same time its bubble grows. This in any case will someday lead to panic when the volatility to lower the bitcoin rate simultaneously coincides with negative information about the crypto currency. Some of the nervous will regard the fall in the rate as a manifestation of this negative information and will sell their very expensive bitcoins. From this, the price of bitcoin will continue to fall and panic will begin here. This will lead to virtually devaluation bitcoin. This is what the greed of investors will inevitably lead to.

At the financial, business level. Bitcoin may be a bubble. People buy when Bitcoin is low and sell when Bitcoin is high. Bitcoin moves from one person to another. When Bitcoin reaches its peak, the Bitcoin keeper holds the fire, and Bitcoin explodes. So, investing and trading Bitcoin is a very difficult job. Do not risk if you do not get the full knowledge of it.

Moments and articles like this make me wonder many things but then only time would tell. About the utility, it's suppose to be a means of tender, whether it has value or not isn't supposed to matter or is it?

I do not think bitcoin is like bubbles if bitcoin like bubble seems like it is impossible because bitcoin price when it rises and very high after that price collapsed but can do price recovery so not suitable if you mention with bubble name, more suitable if it said wave.

I understand its meaning. However, I do not think Bitcoin will burst like a bubble. Because it has a solid foundation and it will grow in the future. Perhaps on the road to development, it will be difficult. However, I still believe in Bitcoin, which is the currency of the future

I don't think it can be considered a bubble now. I think that assumption has been present everytime Bitcoin goes down and experiences a stagnant movement. However, once it goes back up, all those who say that it's a bubble suddenly changes their minds and believes in it again. I think that's just how the coin works, it's trend is to dip and dip, and then surge back up in value again. If you are a true cryptocurrency follower, you should have known that already.

I think and hope that bitcoin will continue growing and become more stable in the future. As for bitcoin as a bubble, it depends on how you look at this. It can be expected that the price can quickly fall and in the same way it can increase in many times. 

Bitcoin is much more than a bubble. It's not absolutely right to call Bitcoin as a bubble because there are many reasons both logically and practically which causes Bitcoin price increase in the market. There is very less chance for being Bitcoin a bubble, Bitcoin is facing a lot of problems right now but still not losing its market value and reputation which is causing more and more people to join the market and keep holding their funds. Which is helping to recover the rareness of the coin as the market is having sortage of coins.

It may be so. But I suppose that everything is a bit more complicated and interesting. Just a simple bubble can't contain such a great technology inside.

In the success of bitcoin there are always negative reflections from the means about bitcoin that bitcoin is the bubble. 2013-2014, bitcoin has great difficulty for many reasons (this is one of them). 2015-2017, bitcoin has been a great success. Even so called crypto world history but there are also such negative reactions. Now, knowledge and belief will determine more than the value of the market.

It is not a bubble, but the way it grow has made people find it to be a bubble. This will change when it gets the importance similar to traditional currency. Even now due to the steep price increase and decrease in a short time period people consider it as a bubble.

I do not think Bitcoin is a bubble and you should also give proof and arguments about why you think it is a bubble. There has been times when the price has dropped to the record low position but with the passage of time, the appreciation in the value continues and this appreciation attracts more and more potential investors to invest which gives more strength to the coin. SO keeping all the things in mind, I cannot say it is a bubble.

Bitcoin has perfectly interpreted what is meant by being reasonable. When Bitcoin emerges with the new features it brings, it has long been destined that the market cannot eliminate it in the short term.
Once Bitcoin becomes popular and recognized, BTC will become very valuable!

It is a bubble my friend! Let's appeal to definition by Investopedia https://www.investopedia.com/terms/b/bubble.asp . Does you still say that it is not bubble?

I think it is important to distinguish between bubbles and deflationary currencies. Bitcoin is a deflationary currency. and that is normal.

That's just a bad idea about bitcoin, if you really understand bitcoin, have bitcoin knowledge, know the value of bitcoin for our lives then I am sure you will not think bitcoin is bubbling.

I think Bitcoin now is not good for investing in it, Bitcoin is strong and are on the first place, but if to look in near future, situation is not good

We all must respect the opinion of others and likewise I second your statement about bitcoins and its bubble aspect. People need to know the definition of bubble first and then compare those words with current scenario of bitcoin. Compare and analyses don’t they see they are making a wrong move calling bitcoin a bubble. If it is bubble, how could have it lived for so long years?

I don't believe that BTC is a bubble. For one thing the price of a certain market would be so expensive as conpared to it's intrinsic value. Then again, BTC itself is a currency so its price is also it's intrinsic value. It also follows a logical increase and decrease in price though volatile is still rational.

For those who have experience about economic bubble, yes they will answer your question that bitcoin is bubble. The reason is bitcoin prices are very surprising, within a year alone bitcoin prices can rise up to $ 18,000 this occurred in 2017 ago. But for someone who jumps into the world of cryptocurrency and they learn more about the use and function of cryptocurrency in the future, like me, I will answer bitcoin is not bubble. This is a technological development, not just temporary and has a long-term function.

Now only btc is good for investing as prices have drop so when you used to buy for 10k the same thing is now available in less than 7k. So when the sale starts for shopping people go and buy in the same way it is the time to buy the crypto currency and invest more.

With bitcoin as well other digital currencies the fluctuations is common. At times this used to happen in a large scale marking it something like a bubble. If one goes through the growth chart of bitcoin years back then can clearly identify similar scenarios that has taken place in the past.

Bitcoin is not a bubble though people and its enemies are trying to make it so.  Those that have invested in bitcoin from beginning has in mind that they are investing into a system that they have hoped on and that bitcoin is going to be the future of our financial system.  The current volatility is needed to make bitcoin more popular.

Look at it from any side but you will not see that it is a bubble. Bitcoin is the first cryptocurrency and the pioneer that has started the ear of the blockchain.

in my opinion , bitcoin not bubble , because bitcoin still standing here and still have value , its just volatile on the price

There a simple thing that proves it isn't a bubble.

There are currently 18 million btc in circulation. Even a bit more if I'm not mistaken.
Maximum amount will be 21 million so 16% more. And that's all. Nothing more.
It means with the same activity the price will drop by 16% with the complete supply.

There is NO other currency that has such a low and controlled inflation. Price can only rise with number of users. Which is not the case of most assets!

Bitcoin is not a bubble, but pure decentralization, if you feel bitcoin is a bubble then it will not make everyone believe, there will be enemies that bring bitcoin to the government to impose penalties for users.

Nah! Bitcoin will never be a bubble. This individuals or groups making or spreading these kind of news are having problems with bitcoin, first they might be scammed using a bitcoin and now, they want revenge and also gives false awareness to everyone. Second, they might be uninformed. The problem is many knew bitcoin, its name, and you can earn from it. But only few has truly understand its purpose, use, potentiality and ability as an investment medium. And when the time bitcoin burst its price, these persons who are telling bitcoin is bubble will surely get their words back.

i think bitcoin will not explode soo much..technology wise it is just not made so much for mass market application..it is more a storage of value...but i guess it wont be for long a s a better btc will take over- it might take some time but in the end btc is not made for waht people currently hiope it is

I understand its meaning. However, I do not think Bitcoin will burst like a bubble. Because it has a solid foundation and it will grow in the future. Perhaps on the road to development, it will be difficult. However, I still believe in Bitcoin, which is the currency of the future

Everything is thought to be a balloon when it is new, but we have to give it some time to prove itself. Cryptocurrency is an excellent money system, which is innovative and never seen before. But, humanity is not accustomed to such things and when they hear a bad news, it sells immediately and we are in the same situation after this sale.

I never think bitcoin is a bubble because since from the start, it always have value. Though there are times the market price go downtrend, but it never collapse or become zero. Bitcoin is the strongest base of all crypto-currencies, which survived for over six years now.

I think bitcoin is the most advantageous currency, which has huge scale investors all over the world, now people are not much worry about future making or earning for family as they know bitcoin is there to support them at time of crises, bitcoin is not a bubble but bitcoin is the future currency itself which is going to grow more and more, so trust your bitcoin investment which will never disappoint you as an investments and as future currency too.

You can tell that the bitcoin is exactly a bubble, bitcoin bubbles have started to break from the end of 2017 after reaching $ 19800. At present, bitcoin is at $ 6,000 and you can see that in less than six months the bitcoin price has dropped by more than 70% of its value. So I think that at this point you should be very cautious when investing in bitcoin because the bitcoin will probably continue to fall sharply.

When you earn you were happy but if are losing today you say something bad about bitcoin. Don’t forget that thousands of people made thousands of dollars against each bitcoin. How can it be bubble? If it is bubble why are you here in this forum. If you want to know the opinions of other people and decide about the future of bitcoin then I want to tell you that bitcoin will be only usable currency in the world in the near future.

Okay, good to hear that. But first of all, since you know that Bitcoin is a bubble, don’t you think is a good idea if you quit? Why are you still here talking about it and disturbing the peace of others that are interested?  I don’t know if Bitcoin is a bubble or not a bubble, I’m not among the insiders, I’m just investor that is looking for a way to make money and take care of his family. I don’t know for you, but if you don’t like Bitcoin and you think that it has not contributed to your life in any good way, then quit from it.

I have never see bitcoin as a bubble and I don't think it is.  Bitcoin is the money of the internet and internet is now decided our future therefore bitcoin itself is the future.  Time is coming when we would understand why we hold bitcoin now.  Governments love bitcoin but it could not adopt it now because of how the system is and since they could not tax it.

bubbles in bitcoin are now beginning to look broken along with the fall of the virtual currency exchange rate when compared with peak period.

people who think of bitcoin as a "bubble". They spread fear and doubt about bitcoin. They believe that high bitcoin price increases will experience bubbles. but I think their critics and opinions are mere skepticism. It seems they just hate cryptocurrency. many of these people do not fully understand bitcoin.

I think this [digital currency] will be the biggest 'bubble' in our lifetime, "says former Fortress hedge fund manager at a CoinDesk bitcoin conference." This is a 'bubble' and there is a lot of 'cheating'. We saw many projects and some funded, they really look like Ponzi. There are many 'foams' and 'cheats' in such interesting things

Bitcoin isn't a bubble it is misconception everyone has but, in reality, bitcoin have organic growth due to limited supply and high demand bitcoin growth is huge in short period of time

No bitcoin is not a bubble, from 2009 it showed its growth. The bitcoin price is stable, flutuations normally happens in this market. At present the market is not good, but it will recover soon. After a long time today the market looks in green. Hope in upcoming days the price of bitcoin will increase because now slowly it starts to rise, expect this rise will continue.

Well if we want to become success in bitcoin world we need to take all the risk, For me this is the best time to invest in bitcoin while its on dip because for sure bitcoin will rise up again and if that happens I'm sure you will regret it for not bitcoin at the low price.

Yeah you are right but it is also a mean of income to buy bitcoin on low price and sell when the price is high. Maybe you are right that on the peak the bitcoin holders make a fire and bitcoin is blown in the air and the price collapsed like a failed rocket. Trading is one of the best sources of making money from crypto but no doubt it needs lot of experience and knowledge.

I think for me bitcoin is not a bubble because bitcoin price is not a permanent price every minuites bitcoin price will changes because of people buying the bitcoin so its normal if the price will goes up and goes down because that is a investment currency like a gold theres not a permanent price.

We could talk about a bubble in BTC when BTC was 20000$ but it is not so actual to talk about it right now because BTC does not look to be overbought so I do not consider that BTC is a bubble. Similarly we can say that USD is a bubble because the debt is incredible huge. I consider that BTC was overbought and it caused the downtrend.

I do not think it is a bubble. It's technology is the 4.0 era. It is the future of human beings. Then one day it will be popular with everyone. ;D ;D ;D ;D ;D ;D ;D ;D ;D

Bitcoin is an experiment. The bubble is controlled. And what will be the final - yet difficult to say. Fiat currencies will go back to the past - this is understandable, but whether bitcoin will take the place of the world's crypto currency - let's see.

People who had lost money or want to buy at very low rates keep spreading this FUD generally that it is bubble etc and so that people get panic and start selling thus the price will fall and then they can enter the market and buy at low price

Everything is a bubble: The Stock market, Housing market, Futures market.

Any Market has some element of a bubble. Bitcoin is no different - still, no one knows if the price is too high or too low.

Indeed, they make people panic so that they can get this an opprtunity to buy. Because of mistake they have done they spreading FUD which make the situation on the market worse. Hence, us that have enough knowledge must not carried by this negative thinkers but rather spread the good news on upcoming pump.

Everything essentially looks like a bubble not only bitcoin! In any case, the dot-com bubble was much more crowded. And what is 800 billion dollars, which had a total capitalization of the entire crypto industry ?? Still everything is ahead, the market is new, has a short term future in the form of technological changes in payments and purchases / sales, and much more!

  The risk is always present when talking about cybercurrencies. But for the time being, I consider it necessary to invest in bincoin as much as your wallet allows. Who does not risk it does not drink champagne.

Actually in my own perspective , i think its just a bubble ive conduct same basic research and i compile the intel i got , and quitely think its a bubble. I know your wandering what and where is the proof. Its just my perspective though but as you can see bitcoin is now popping up the supply and demand seems low and i think its not much to pump up.

It is possible that this is a bubble, but bringing a good profit when it is used correctly. I think that in this business the main constant study of this sigment, then there is less probability of remaining with empty pockets.

According to skeptics, Bitcoin has been a bubble for a pretty long time now but it seems this bubble isn't close to bursting anytime soon and i doubt it is going to burst at all, those who claim that Bitcoin is a bubble are those who are negatively affected by it and i mean in their own interest.

Based on my understanding of a bubble. As the term itself in its lifetime it has to "pop" that is in definition what we know of literal bubbles. For me Bitcoin is not a bubble in terms of it does not "pop", yes it goes down but it also goes up as well. A bubble cannot be known ahead of time as I have mentioned it needs to pop first. Until this bubble bursts, it is not a bubble therefore Bitcoin is not a bubble.

I do not think so. Bitcoin is the technology of the future, so many people are exploring and interested in Bitcoin, I believe in the future it will be used in parallel with paper money.

I think the Bitcoin is not the bubble after all, but we will all our power can make it die, this is only in my humble opinion you can disagree.

Bitcoin is not a bubble, but bitcoin is the global currency for the future. Eliminate your negative thoughts and take advantage of bitcoin in the future.

Bitcoin is not a bubble from 2009 itsef it showed its growth. Prices are going up and down it is common in the  crypto world. Dont assume bitcoin is a bubble with current value. Last year end also it showed its tremendous growth. Once the market will recover no one stop the growth of bitcoin. Many people are now ready to invset in bitcoin due its growth. Always long term investment only gives more profit. Bitcoin has a bright future dont panic get panic just hold it with patience.

Long time is over and now we can determine Bitcoin is a Bubble or not? No. Don't have clearly point to show that our Bitcoin now is Bubble situation, but they have control by some "whale", make value of them reduce so much.

The answer to this question is definitely no. The technology used in Bitcoin is very different, which will affect or even change the use of money in the future. There are serious fluctuations in price but these fluctuations do not carry a balloon. Of course, the only reason why there are serious fluctuations in these prices is the effects of supply and large investors. As this technology is widespread in the future, the supply will increase and the price will also increase significantly.

Price should not be the only pointer to determining if cryptos (or bitcoin specifically) are bubbles. Bitcoin and alts altogether may have had similarities to bubble structures, however rapid developments are chiefly responsible for the price dynamics. Adoption on the other hand is relatively low, despite popularity.  

Bitcoin is not a bubble, the price of bitcoin increases and decreases. If it is bubble it doesn't show any changes, current situation is like bubble only but it will clear soon. May be from july itself the price of bitcoin starts to rise, last year also bitcoin faces the same problem but at the end of the year it proved its strength. Like that this year also we have a chance, dont judge with the current situation lets wait for some more time surely the changes will occur.

Bitcoin is considered bubble for those individuals who are scammed because scammers used bitcoin for as a medium. Normally way back then in 2017, a lot of High Yield Investment Platforms (HYIP) just came out and a lot of persons was deceived and lost their money. So today, they generalized and consider bitcoin as bubble or scam.

Many people consider bitcoin as a bubble. Which means they thought like bubble bitcoin will spread and suddenly disappear. Bitcoin is volatile currency which means its price doesn't stable. Its price sometimes increases and sometimes decrease according to the circumstances. In 2017 Bitcoin price rises surprising. But in 2018 it price decrease constantly and because of this many economist claims bitcoin as a bubble. Because of this bubble think many investors doesn't invest in it for long term purposes.

Many people said that bitcoin is bubble because sometimes we see the value is so high and a days pass we see the price is getting lower and lower. We know that price of bitcoin is volatile which means it is not a stable price. Being a bubble price other investors double think if he/she invest.

I dont believe cryptocurrency market or bitcoin is a buble. Cryptocurrency market cap right now below 500billions dollar and wall street market cap more than 21 trillions dollars. Comparing on that data, we already knew that crypto is not a buble and have opportunity to grow

The reason why people are saying that bitcoin is a bubble is because they are seeing that the price is so volatile like going up for 10% in just a day and so on and so forth. The overall cause for bitcoin to be called as a bubble is, the volatility with the volatility bitcoin is being judged but they didn't know that volatility is one of the most amazing feature that bitcoin have because it gives an easy way to make profit.

I'm sure why bother about bitcoin now, that is the effect of bitcoin price down now, just try bitcoin price up about $ 25000 surely people will be silent and praise btc, i think btc is very good and not bubble.

That is right. If it were a bubble, it would not have had such a huge market cap. It is one of the top spot for investment and has been giving people so many advantages besides easy money in profit.

This has actually made lives easy in countries like America and European countries where all those people who were previously unemployed due to the lack of funds and job opportunities have built their businesses by earning through Bitcoin.

Yes, people always complains everytime bad happens with bitcoins specially when the price dropped drastically, this is the reason why they called it bitcoin is a bubble, yearly bitcoin increases and decrease price so we should be used to it now.

Everything can be a bubble.
The important thing is to make good money before it explodes.

yes the bitcoin is a bubble. because of its high value as an asset which differs from its intrinsic value.

I dont think that it is a bubble. There are lots of altcoin or token which are really scam and bubble but bitcoin is not one of them.

Bitcoin bubble-every day this question sounds, but it is still steadily growing and investors earn a huge amount of money on it. It's no longer a bubble and the realities of the present time and it would be time to deal with it.

Bitcoin is not a bubble because from 2009 its showed its ups and downs. If it is bubble there is no up and down in the marekt. Now the market starts to recover so dont worry about the price in downtrend. Hereafter the price will starts to increase so dont get panic and sell your bitcoin just hold it and wait till the market have tremendous growth. Then only you achieve your goals and earn more profits.

Bitcoin may did behave like a bubble due to investors joining the hype. It is hard to control though as too many would want to get rich immediately with bitcoin. This is a natural reaction where one would want to follow another person's success. Some are lucky others are not. So for me it is for this reason that bitcoin behaves like bubble and yet I don't consider it this way. One that can be considered bubble is when a coin doesn't have any utility at all.

Yes, i don't think its a bubble because of its votality, the ups and down, but as you said don't be panic to sell or don't be worry because bitcoin price will rise ssoon.

We can know exactly in future.It is hard to predict what will be with btc in few years, but now a lot of money makers make money by btc,because they have a lot of coins, when btc will be implement in real lifer mean most people will use,btc follow  adoption by many countries and value go btc will be much higher than now.From another side btc live around 10 years and price only grow from the beginning-its mean interest from people become more and in future we will se new highs

I also do not think that bitcoin is a bubble and will blast in the air. Some people misguide innocent people to avoid investing in bitcoin. Mostly whales are doing such things but be assure that the future is that of bitcoin and it will overcome the crypto market in the future. People from around the world will use bitcoin as their legal and regular currency.

I have heard many of those things about bitcoin being a bubble, but I have only one thing to say on that. Bitcoin is existing already for almost 10 years, yet we are still developing :)

Bitcoin isn't a bubble. As we all can see it grows up very fast in the world. For nowadays you can buy something in the shop using Bitcoin. It is bad now though the price are very low but it is good time to invest in it.

I think this is impossible. I am very confident in this market. And what makes me believe in this market is because of the blockchain technology. and bitcoin has been developed for a long time on this technology.

For me it doesn't seem to be a bubble. It may have change values at an instant and sometime goes high just the same but it is just because of the hype created by people who wanted to get rich immediately.  But there is always a utility for it so it will never be considered a bubble maybe just behaving so.

Mostly people,have a great reputation in the world of bussiness say's that bitcoin is bubble and two most popular bussisnesman and have a name in the world of bussiness is Jack Ma and Mr.Warren buffet,thats why i could say that there words is true  when they are saying that bitcoin is a bubble,especialy when i connect the situation now in the cryptocurrency happen before,but mostly i doubt that they could only say this world "bubble"because they want to protect there bussiness towards the unstopable popularazation and legacy of cryptocurrency towards economic capitalism.

Bitcoin is something innovative unusual and fresh but it is definitely not a bubble that would pop at the moment that you did not expected it to pop :) Just look on how much bitcoin is still in invested capital of wealthy people.

This could be the accurate answer that I have seen.
Hype, too much FUD created by whales and also spreading news that it is a bubble. Those kind of events made it look like it will explode and a sudden panic happened making low and average holders of bitcoin sell it without even thinking what could happen.
Well I guess they saved themselves from is about to happen which is right now. A dump, but do they know when to come back? A sudden pump could also happen and the 19k dollars is one example of it.

bitcoin is not a buble. it is the first crypto currency that is based on blockchain technology and blockchain technology is really huge with its potential. it is funny to think that it is a bubble.

A bubble is when the price of an asset does not depend on its "main factors" - investors value the asset to determine its value. It can be money that is transformed from stocks in the future, the company's cash flow, the state of the country's economy or even the rent for the property. But bitcoin does not calculate profits (from shares) or rent (from real estate) and is not tied to the national economy. This is one of the reasons why it is difficult to say about its value.

Bubble is generally when price of an asset or commodity is over valued due to unexpected demand or shortage of supply but in case of Bitcoin its a new technology which cant be valued accurately till we have similar or comparative assets for judging the actual value. It happens with most new technologies and once there are more similar assets or technologies in the market then only we can have more accurate valuation of Bitcoin. At this stage I dont think its a bubble, it might be overvalued or under valued.

It is not a bubble. How can you compare it with a flower, it is being used as a payment medium and is thus having real life application.

If Bitcoin was a bubble then it would have been burst by now or in 2013 or many times when it rose high and went down. Its not a bubble, it is the mothercoin and whole crypto industru follows its trend.

Not at all, because BTC is now widely available and beneficial to economies in developed countries. So I think the BTC will last forever and grow the most sustainable compared to other business markets.

Bitcoin is not a bubble, bitcoin is a reliable coin and earns trust as the best coin. In the crypto market there will always be demand for bitcoin and it will make bitcoin last long-term.

Bitcoin is gradually entering daily life, so I think that it is not a bubble. Perhaps in the future this will be the usual currency

Bitcoin is risky and its value could fall low as the market is full of panicked sellers, but even if the value of bitcoin falls does not mean bitcoin is a bubble.

Sometimes seems it's hard to hold two thoughts to be true at once when it comes to all the hype and hate around Bitcoin. Either Bitcoin is a bubble or it's the beautiful unicorn that we'll all ride to a future filled with rainbows. 

it looks like bitcoin is not like bubbles but bitcoin is more suitable to be said as a wave because bitcoin price movements only go up and down only and can certainly do the price recovery. unlike bubbles that after rupture can not recover.

I have always seen Bitcoin as the Kim Kardashian of cryptocurrencies, how it is super famous and popular but no one really knows why... If Bitcoin is a bubble and does 'explode', will it have adverse effects on other cryptocurrencies? Would it be similar to the dot com boom in the 90s? Where the bubble bursts and many people lose money but they bounce back a few years later.

Just a thought.

bitcoin is not a Bubble. Bitcoin is a new form of money, in long term will be more and more people using this technology.

Bitcoin will not explode because bitcoin is not a bubble, but bitcoin is a cryptocurrency. Bitcoin will survive and will not disappear like a bubble.

Many people says bitcoin is a bubble because they see that the price decrease and they think that bitcoin price will gone but if you study bitcoin very well you will see how it useful for the future.

Its not a bubble cause we have in the world so I think we are so many cryptocurrencies cause we are respectable with a good idea, and technology. I believe that bitcoin will rise in your own profit, but its my life. The real question cause we are actually a great mind. I do a new way to keep the future

Everything in this world is a bubble. Look at the dollar, the banks have been declared a lot more dollars than they actually have. From you and the bubble. A common banal example. So why not bubble is bitcoin?

In my opinion, if you are waiting fast and easy profits here, you will get discouraged very soon, cryptocurrencies will become a bubble for you very soon :) We all need to have a proper attitude here.

There is nothing to worry about the opinions of these experts. All the time there is someone predicting the end of bitcoin or is called a bubble, a ponzi scheme. For people involved in cryptocurrencies, how these pseudo-experts call Bitcoin should not matter.

Yes it is true bitcoin is not a bubble infect bitcoin is the most promising currency it gives us saving and a lot of profit as well, so we should trust our saving from bitcoin, foe me bitcoin is the best source of spending a good life, it helps a lot of people to earn good money even when they are already working as bitcoin can be taken as the treasure of profit, calling it a bubble is not worth trusting statement according to me because it is my future builder.

It will probably always depend on the fact if a good/commodity will have any use after a bubble burst.The enormous attention that bitcoin has received through the building up of the bubble may have encouraged innovations.If however BTC and cryptosin general will be abandoned after a real burst of the bubble  all the infrastructure and innovation may arguably be useless.

Bitcoin is very risky, but bitcoin is not a bubble that can explode at any time. Bitcoin is unstable and it's high risk, and I think people who do not like bitcoin will regard it as a bubble.

How can you say that it is a bubble? The prices are still 600% higher than what we had during the start of 2017. If it was a bubble, then the exchange rates would have crashed below $1,000 per coin.

I think very simply that if Bitcoin is a bubble, it has been broken for a long time and can not be as valid today. Bitcoin is increasingly asserting its value in the world financial markets. To me Bitcoin has never been a bubble.

Quite possible. The pyramids were and will always be ,perhaps bitcoin is the largest pyramid of the 21st century,and after it there will be poverty .But blockchain is different, don't confuse it .Blockchain is a mega discovery that will improve the lives of milliards.

And yet we are still approaching towards the perfection. It has been almost 9 years and the currency has evolved despite so many hurdles on way. If Bitcoin were a bubble, it would not have been able to attain a huge market cap and such a big hold over the crypto market. Its demand would have faded away but no, people are rational and they think different from how those who call the technology a bubble think.

The bubble has been blown in the air. Now the price is normal and increasing according to the market cap. I don’t know why Jamie Dimon and people like him are against him. I believe in blockchain technology and bitcoin is backed by blockchain. So it is not possible that bitcoin is totally bubble and investors are just wasting their time and money.

I don't agree with you. Because I still believe in respect to you of Bitcoin. And I think in the future surprise will be better like now. So it is good time to invest in it.

You're quite right mate, If bitcoin Is bubble, why Its till alive? And consistently remain stable market between $6000 $7000. Mostly who says bitcoin Is a bubble are those who critizie bitcoin and they dont have nothing to do just making a fake news In order bitcoin price to fall.

Yes of course bitcoin bubble in a right time. As of now bitcoin give us a chance to buy bitcoin with a cheap price that we can afford it. So we dont have to worry about bitcoin price for now.

I don't think so because the btc has great potential and in reality is has never been a bubble, many people think so because they don't believe in its great potential but btc is a good investment

We cannot know what will happen with bitcoin in the future. If you are really investing in bitcoin will not lose hope and you will be encourage to fight.

Bitcoin is not a bubble because it last long time and will never be ginw unless bitcoin will be quiting to be a cryptocurrency that many people use to earn money and to fulfill their needs. Bitcoin will never be a bubble because a bubble will be gone immediately when it gets high but bitcoin going higher and higher but will never be pop.

Many economic experts in their analyzes emphasize that the Betcquin is not an economic bubble and that is due to many reasons that completely deny that claim, among these reasons  Bitcoin has  potential of surviving long term .

if it is a bubble, bitcoin will never rise again after the bubble burst.
I would prefer to mention bitcoin as deflation.

Bitcoin is always a bubble, do you think a virtual currency can achieve such high value? I realise that all Altcoins are worthless, but we are the ones who create value for it and accept that value.

Bitcoin truly is not a bubble in which it is not the same as other investment ,where in you put money on that investment , for few days you will gain profit, but in the second ,your money you invest are gone like a bubble, that will not be backed in your pocket, fir it already vanish like bubble.

If it was a bubble, it was exploded from 20k to 5k8, at least it still has value and Bitcoin has its own value- the basement for any idea from now and future. It's called Blockchain. How lame to compare with tulip bubble, we can see Dotcom, it exploded so it still has value but not high. BTC reaches 20k again, no one is sure about that, but at least it has a bright future ahead

Bitcoin is neither a bubble nor a magic currency. Bitcoin is a digital currency where money or cash transactions are done digitally and the price of Bitcoin is fixed as per the supply and demand and not only with speculation. There are so many negative news spread across about Bitcoin and the people who oppose or don't have knowledge about Bitcoin will claim that Bitcoin is a bubble but that is a false statement.

There is another bubble growing right now — a bubble ready to pop. It’s a global one, affecting people from developed and underdeveloped countries around the world. When it pops — Bitcoin will change forever.

right, those who do not know or who feel lied to by bitcoin will spread bad news, even though they have no knowledge of it. besides that many governments have not legalized it, so bad news is easily spread

You could say that, because bitcoin when more volume or market value and no one to back up the explosion. Just like a bubble that breaks will only make everything destroyed. Therefore we have to backup the data.

He can't possibly know what's ins store for the future to make that remark at all, Though things are are currently looking bleak, I do believe that it's going to be a little while before things start changing for the better.

Bitcoin has always been a bubble. It was a bubble when it was selling at 3$ per bitcoin and it was also a bubble when it went to 1200$ from 100$ in just few days and then upto 19000$ in next few years. But this bubble will not burst, it will remain as it is and market will continue as it is doing now.

You are right here that it isn’t something that pop up and then seized to death. There are many coins who have shown such behavior but you can’t say this thing for bitcoin. Since 2009, bitcoin is making good move regardless of such downfalls and dumps. People have made their best efforts to kill this thing and to make it bubble, but huge resistance have been shown by bitcoin.

bitcoin is not a bubble you can have different opinions and views about bitcoin is someone like bitcoin like gold has a bitcoin like wallet but some people watch bitcoin like balloons ,,,

This will go back to the case of Warren Buffet convincing wallstreet whales and regulators that the internet was just a bubble and wont support in funding Google, Amazon, and Sillicon Valley. Well look how that turned out !!

Well, if you take into account the fact that without depository bitcoin will in principle cease to exist, then yes, bitcoin is a bubble that can burst.

instead of bitcoin instead of bubbles, bitcoin is more like a wave, because bitcoin has the property that can come back to a high price and when bitcoin breaks will not always dwell below it will surely one day go back up again so bitcoin looks more like a wave.

It is not a bubble because butcoin is existing until now, it was created few years ago, as far as I know when a bubble reach the top it will pop and will be gone and bitcoin is not because not so long bitcoin will reach it goal too but it will not pop and gone because as long as bitcoin is reaching its goal the more years and users will come.

From a certain perspective, bitcoin can be a bubble. But this bubble brings a lot of benefits for everyone. People only remember bitcoin when its price is really high at the end of 2017 and bitcoin is gradually forgotten in mid-2018 because the price has fallen too far.

Bitcoin is a bubble, it doesnt matter if you or all those websites says that it is not, because in fact, it is, because a lot of people are only hyping it to get profit, and we all are doing the same.

yes, but something every interesting will come out of it.. which will be good for the world

two events cannot be compared... Internet and bitcoin are different, and the pattern and ivnestors are different too

You are very creative, I must say.. and funny too : )  Are there any patterns in which months it would rise or fall based on past years data ?

Call it a bubble or whatever people want. The fact remains that it has turned average people into millionaires. I myself have gained pretty much out of my Bitcoin and altcoin investments. Well, it may be considered a speculative bubble but it does not automatically mean that it will burst. Later perhaps. But while it is still here, we might as well make the most out of it.

Bitcoin is not a bubble this is a centralized cryptocurrency many peoples joined here to know and to earn money everyday many peoples joining here because they trust this bitcoin.

This is the one of the most often question about bitcoin. If you don't know the basics of economy and pricing then for you it's a bubble, but if you understand what supply and demand are you can find the question of how the price for bitcoin shaped. Not matter what is being sold, here is the question how many of it, how many wants to sell and how many wants to buy. Bubble...please read the economics theory first.

Those who say that bitcoin is a bubble are living in the heaven of fools. If it is a bubble in the view what are they doing here? They should a merchandise shop for themselves. Bitcoin is not for them. Investment in bitcoin needs patience and courage to bear the loss if the price drops. Those who say this nonsense cannot bear the loss and wants only profit.

Bitcoin was indeed a financial bubble, as investors tried to profit from rising prices after buying it.

But I don't think bitcoin will burst like a bubble. Because it has a solid foundation and will develop in the future.

I was recently hearing that German approves and recognises bitcoin as a legit currency and a payment method, so according to that news I'm not thinking anymore that bitcoin is the bubble.

Well, what else do you expect them to say about it when the whales are throwing prices up and down everyday? Really nothing to do about it.

But whatever you choose to call is your business, my main focus here is to make money and nothing else, I don’t come here to talk about which one is bubble and which one is not. At least last year was a huge success to me. So no time to be looking at the nonsense media has to say, got to focus.

Its hard to determine if bitcoin is a bubble because its an entire industry, Bitcoin is a topic on everyone's tongue and minds, Investor's make huge life decision based on bitcoin worth and they often make impressive predictions about what happen in the future. People also made those actions in association with other things that went bust, leading individuals to caution history will repeat itself. They say the only thing, they're not certain about is when it'll happen.

Bitcoin is not bubble bitcoin have organic growth by supply and demand will have price flucations if there is sudden growth we cant say it is bubble we can consider is organic and orginal growth

Many of them say bitcoin is a bubble, but I think it's just negative news by people who do not like on bitcoin. Bitcoin can survive until now and it shows that bitcoin is not a bubble, but bitcoin is a cryptocurrency that could become the currency of the future.

I do not agree with that BTC is a bubble. For one component the rate of a certain market might be so pricey as conpared to it's intrinsic cost. however, BTC itself is a foreign money so its charge is also it's intrinsic value. It additionally follows a logical boom and reduce in price even though unstable is still rational.

This post is about a year ago. But, I can still say that bitcoin is not a bubble. There are many people in this world most of them are experts who are saying that bitcoin is bubble and it will not make it in the next few years but until now the value of it is increasing also people are getting more information about bitcoin.

I think A lot of money is involved which can change at any time. But if we are only afraid of this bubble, we will not get a chance to earn a big income in a short time.
And Many people believe that bitcoin is just a bubble. We can not deny the fact that bitcoin investment is very risky.

Even if bitcoin is the bubble, in my opinion it is the most durable bubble ever existed in our world, durable enough for it to never pop, lol. We will be celebrating 25 years of Bitcoin, indeed.

If BTC has no cost, then BTC may be a bubble, but at present, the cost of BTC is more than 4000 dollars, and the cost is very high, so do you still think BTC is a bubble?

It depends on how you look at it. For some, this is a bubble for other investment opportunity. With such large increases can be expected that the price can also quickly fall.

Previously, many crypto lovers had doubts on this issue, bitcoin is a bubble or not. But today I think everyone understands that bitcoin is firmly included in the crypto world and forms the crypto economy of the 21st century.

I believe that at this point you can be sure that the bitcoin is exactly the bubble. bitcoin price since reaching $ 19800 at the end of 2017 has continued to fall sharply and at the moment it has fallen to $ 6800. It can be seen that investors have lost confidence in the market and are constantly withdrawing capital, the market also does not appear new investors this show that bitcoin prices will be able to continue to fall stronger again in 2018.

The Internet of Money: Five Years Later
- https://youtu.be/6xIq0FdmsIA?t=3m37s

The proudhon song (bitcoin is a bubble)
- https://youtu.be/A7TuFy0fcuw

This bubble is inflated for 9 years and in the near future is not exactly going to burst. On the contrary, his film is only strengthened and it becomes more and more - it is beginning to notice everything. Don't ignore it and follow the technology - stop living in the stone age.

I've heard some lovely theories like that, that bitcoin is a bubble and we all are just a figures on the chessdesk, but as for me personally I'm earning my money to meet my family needs from bitcoin and I'm completely ok with that for now.

When such statements are heard from Wall Street, I can not help laughing. The biggest fraudsters in the world are declaring someone a fraud. And if you look at the facts then bitcoin does not have classical bubble characteristics, other than the need to attract new participants.

Our own faith and our own trust is the only way of getting good profit for us, if we will not trust our internal skills we can get lose, it is true that making perfect prediction about bitcoin is really hard so it is good to be wise and invest your bitcoin for long term, I have seen bitcoin changing the life of people really to huge extent so how can a life changer be a bubble, infect bitcoin is the reality of our life now.

Yes and no. I think everyone knows nudak, he too can be called a technological bubble, but if you look at the graphs now you will see that he does not feel bad seyuya

Yes i believe bitcoin is a buble currency that anytime he can pop up and no one can know why its happened. Thats we should be wise on investing bitcoin. Analys carefully the market trend

A lot of famous people about Bitcoin make bubble definition. Time is needed to prove it. Personally, i don't believe that. I think the real bubble, fiat money is an unlimited multiplication of money. Anyway, i take all the risk and i will continue to invest in cryptography.

I do believe that bitcoin is not a bubble and it has proven itslef until now not to be but we may wake up some day and see the price has gone to zero as no one would invest in it. So anything is possible.

I also believed that bitcoin is not a bubble and it is a real investment and we can see that in the price movement and overall growth of bitcoin because if bitcoin is a bubble then we will see a lot of people that are claiming that not only the powerful people but also the ordinary people who used to invest in bitcoin but the reality is, there is no large amount of people that are saying that bitcoin is a bubble.

Bitcoin actually looks like a bubble now. But I can say for sure that no bubble feels as sure as bitcoin. If we continue pumping and pumping, then it blow and burst like bubble, to prevent from this to happen we need to change the momentum all the time, just like market correction and market oscillation like waves, it is just like making a breathing pattern to sustain for a longer period of time.

Everything could happen, therefore, the smartest way to invest in digital assets is to build a well-diversified portfolio based on your risk preference and investment goals. Such a portfolio would likely include a substantial holding in bitcoin and small exposure to promising ICO tokens. I have found a trustworthy ICO project. It is called Socratus.  It is a insurance ecosystem which provide a digital platform for insurance companies . So any insurance company can connect the platform to become the part of Insurance Digital Ecosystem. Their main aim is to create a win-win insurance whereby you get instant claim payment,  fair and transparent dealing and friendly prices. They are also helping insurance companies to reduce costs (it can be reduced from 15 to 25 %) and get their business on a new level. Also, they are powered by Smart-contracts & Socratus Oracles. It means that there is no more solo human decisions to pay or not to pay, no more lingering manual claims handling procedures.

Is the US dollar a bubble? No!
The US dollar is a currency!
Is the Euro a bubble? No!
The Euro is a currency!
Is the Japanese Yen a bubble?
No! The Yen a currency!
So what is Bitcoin? It’s a digital currency and it has an exchange rate price vs all other currencies!

This is NOT called a bubble, it’s called DEVALUATION!

I don't think it was ever a bubble, in 2017 what we saw was more of a frenzy than anything and it created a lot of people buying all at once bc it was on the mainstream news, in my view it was just a small taste of what the price could be once mass adoption happens. Once that happens 20k will seem cheap and anyone and everyone will be talking/using bitcoin/crypto for something :)

That time the guy ( and most of us sure) could not even imagine that Bitcoin would reach 20 thousand in January 2018 and make millions richer than they were. Certainly, this crypto is not a bubble.

Obviously it's a bubble, whatever on this planet is destined to end.
But this does not prevent us from taking advantage in the meantime from the revolution that is taking place before our eyes.

Bitcoin certainly resembles a bubble, but a very confident bubble. Bitcoin feels so because there are no regulators for its stable course.

A bubble is a bubble only after it has broken out.
The bitcoin has apparently exploded many times, but each time it has started to grow beyond imagination.
I say he will still do it ...

bitcoin is nt a bubble it is pure organic growth took 9 years to grow to this level many say bitcoin is buuble seeing at the price growth but in real it is nt buuble

In my own opinion, yes bitcoins is a bubble because people is just investing depending on their emotions and you always need to wait for the market price to grow before you will be earning profit.

Bitcoin has been called so many different names, yet some people are taking advantage of this huge opportunity to make themselves wealthy on BTC.

If it is a bubble, which I doubt, then it's not a soap bubble as many thought  :D IMO, it has caused a great movement. Cryptocurrency will not pass soon. As for Bitcoin, it may drop, but it will never be off the market.

Current technology markets are being of world interest. So to say that bitcoin is a bubble I disagree with this idea. In the future it is certain that bitcoin will grow even further.

For many people who have seen two bubbles in the past two decades, the dotcom and the real estate, when the bitcoin was born, their first psychology would be defensive. Although the previous two bubbles created a crisis. But with the bitcoin, it's a zero. And when you do not see the value of a fortune going up, we'll see it's a bubble.

Bitcoin is a topic on everyone’s tongues and minds. It  makes huge life decisions based on Bitcoin worth, and they often make impressive predictions about what’ll happen in the future. Even those who’ve never invested in Bitcoin before are starting to keep a closer eye on its progress. Many people think that Bitcoin is a gigantic bubble that’s a substantial concern. To avoid getting into the kind of trouble that could potentially ruin ones lives, investors should continue studying the market regularly and seeing how the Bitcoin value fluctuates.

Bitcoin is a bubble so what? People should stop listening to what media has to say about the cryptographic asset. They should pay more attention to the ramifications of the blockchain industry as a whole.

BTCs are not bubbles, if they are bubbles they are not as popular today, and many countries are adopting BTCs to pay for goods and services.

I agree so, I think bitcoin is not bubble, with a marketcap that reaches over $ 120 billion then bitcoin is a huge opportunity and potential, what happens with bitcoin is natural and similar to other decentralized systems like gold, silver, oil and etc.

I think not, bitcoin is the same as other real commodities such as coffee, rubber, oil, palm and so on, as we know that real commodities sometimes drop by up to 90% per day, surely the same thing can happen with anything that uses the concept of decentralization including bitcoin .

It has been solicited a considerable measure from times, no one knows whether we are truly on an air pocket, yet the cost is going up so rapidly, and that is the reason many individuals and governments are beginning to state that we are on a genuine air pocket. What's more, perhaps it is valid, simply because many individuals are joining this venture to make significantly more benefit.

Nobody knows whether we are really on an air stash, yet the cost is going up so quickly, and that is the reason numerous people and governments are starting to express that we are on a honest to goodness air take. Also, maybe it is legitimate, essentially in light of the fact that numerous people are joining this dare to make altogether more advantage.

At first, I also thought that bitcoin is a bubble. Well, as of now, I think that bitcoin is not really a bubble, because its price stray sometimes. If we will give an example, a bubble gets bigger and bigger, until it puff. As we can see in the market, the price strays, sometimes it goes up constantly, step by step then it falls off, and it goes up again. There's an unexpected drop and rise of price, that's why I can say that bitcoin is not a bubble.

Bitcoin isn't bubble since the greater part of its costs are a direct result of the advance of bitcoin and the air pocket is appropriate for the altcoins in light of the fact that they are the simple ones to wind up an air pocket due to their shabby value that makes the whale simple to get them and control them in view of the less expensive rate than bitcoin.

For me we can past the phase where bitcoin is an air pocket. I recall when Japan simply enter the scene, the cost went soar and may said that its an air pocket, well there's value redress after yet it is anything but an air pocket and I don't feel that we will encounter again rise ever of. A ton of speculators as of now, nobody can control and burst the cost. The assaults on bitcoin was rapidly quiet by its value ready to recoup in short measure of time.

I think bitcoin is not bubble, if you feel bubble then you easily control bitcoin, but the fact that until now no one can control bitcoin, because it is bitcoin is purely from the market.

Bitcoin is a bubble that will explode many times.
But in all likelihood every time it will grow and reach new heights until it becomes the standard.
We'll see.

Yes bitcoins is a bubble and that is also the reason why people are earning a huge amount of profit, its because of the volatility that every make's them very rich.

Although it is possible that the rise of Bitcoin is in some ways comparable to bubbles, it is almost impossible to really figure it out. One thing to remember is that the bitcoin and underlying blockchain technology has many real-world applications, unlike tulips that are closely related to bubble phenomena. that tulips are just simply decoration.

I believe that the price which has gone from 4k to 20k is obviously a bubble price but as the market has seen a correction it is a sign of an healthy market and I believe that btc is not a bubble.

At this point we can see that the bitcoin is exactly the bubble, you can see that by the end of 2017 when the bitcoin price has grown dramatically and hit $ 19800 then the bitcoin price immediately Early losses fell sharply when it reached $ 5800 last month and now has recovered to $ 7,500. But I think that with the current market situation and the economy, the bitcoin price will probably continue to decrease at any time.

Throughout the year 2017, bitcoin has strengthened more than 1,000 percent. The strengthening is driven by an increase in the interest of retail and institutional investors who view the digital currency as a means of payment for the future and the means of storing asset value.

Some digital currency trading institutions such as CME and CBOE have also legitimated digital currency investments with the announcement of the planned launch of bitcoin futures contracts. This also pushed the value of bitcoin soaring.

According to Roach, such legitimacy makes bitcoin harmful to investors. He calls this concept less of its intrinsic economic value.

"As with any bubble, it will explode. (The digital currency value) will go down and who will be the most recent investment will be worst affected." There is no doubt about that, "Roach said.

You can see that the bitcoin is bubbling more and more clearly, after reaching the $ 19800 milestone, the bitcoin price has dropped to the $ 5800 level. According to my analysis, bitcoin prices are still in the bearish trend in the long run although at the moment it is back to $ 7,700, the bitcoin price could drop sharply at any time.

Bitcoin is something which this world has never seen and that since the time this bitcoin has been introduced to this world, it is gaining the attention of so many people and that it is helping so many people in changing their lives in so many ways. However, there are people who still thinks of bitcoin as a bubble but this has nothing to do with the reputation of the bitcoin as bitcoin has a great reputation in the international market.

As many guys are already saying here I can say also that bitcoin is existing more than 10 years already and if it would be a bubble I think this bubble would be broken few times already during the regulations and corrections.

Definitely it is not a bubble else by now it would have being busted and would have not lasted for 10 years and still be ranging in 7700$+ price. This itself show how much stronger it is and will become as more and more new joiners will be more confident as the time passes by we will have a more bigger community.

The world "bubble" is unjust. Bitcoin itself will always have corrections and will always have value. The world is adopting it day by day and making it part of economics.

Whatever they are saying is their business and also to those that believes them. Whether true or false, I don’t want to know that, I’m already making my income from Bitcoin and I can’t quit cause of what Wall Street or whatever has to say.

If they don’t know that this is something that has changed the life of many people in the world then they better know it now. I know that there are people who lose, but that’s a normal thing in every game, people lose and people win.

That is beautifully quoted because as long as you are earning huge by investing in this bubble, it is good to own the bubbles. However, it cannot be a bubble because it has been almost a decade since it was introduced in to the market and ever since the growth in the value has been amazing and the pace with which it went viral and got accepted and recognized by people around the world was fantastic. Bubbles cannot cover such journeys.

Bitcoin bubbles at times. There are two powerful things that affect people in this market and that is fear and greed. Those who haven’t invested earlier will always be afraid that they will miss out on it and at the end they will usually end up with investing at any price and losing their money. While those that invested at cheaper rate will he greedy and not sell cause they believe that the price will continue to bubble, that’s really stupid cause at the end they will all lose.

It was normal for cryptocurrency to bubble, bitcoins is obviously a bubble and that is also the reason why it was very profitable, since you can always invest while the market price is low in order to earn more profit.

it will always be a bitcoin bubble. bitcoin for another opinion it's a bitcoin bubble. in many time the bitcoin turns out to be pump up and the price really falls it is called a bubble which means the loss but the bitcoin will always get it a status and so many times. it has fallen on its own record in a technical and every move seems to be a bubble really. but it will still increase someday.

No analysts or articles explain why bitcoin is a bubble,  they only assert that it has bubble qualities, by which they mostly mean that it has experienced a sustained parabolic rise.

I don't think so, Bitcoin is not a bubble but a pioneer currency of the virtual world, day by day Bitcoin is becoming a popular and powerful coin around the world, recently a lot of countries have established as a legal coin in their economy. many experts say that Bitcoin will be an individual currency in the future. So it means a lot for the future perspective.

I think bitcoin is not a bubble

To be honest, i don't have any idea if Bitcoin or any other crypto currency is indeed a bubble or not. I've read evidences of both sides arguments and it just left me more confused. The only take away i have is that I should be wary of the market and look and see for myself the trends and act accordingly to the change in price.

Well, let’s discuss it. Bitcoin is a new currency. It is not stable for a number of reasons, which are already known by everyone. Despite the price jumps, bitcoin continues to be mined, people are keeping on buying and selling it. It is even recognized and accepted by the governments of some countries. I think that with this kind of support even a real bubble would might turn into a Christmas tree toy (a golden one).

It depends on how you see it. First, the number of bitcoin is limited so demand and supply are involved in the pricing. Technology is changing all the time. For now, it seems like a bubble but who knows tomorrow , somehow there`s a new technology that is able to get rid of all the cons of blockchain and countries start recognizing bitcoin as a currency. You ll never know. Unlike the tulip bubble, bitcoin is a new technology in its infancy.

too much speculation that actually makes the reputation of bitcoin decrease. when prices rose to the last month of 2017 and then dropped dramatically in 2018, everyone said that bitcoin was a bubble and would erupt at any time. "it's a big risk," they said. but for people who have held bitcoin for a long time, surely they already know about this bitcoin fluctuation phenomenon.

The problem is with that people are having a lot of unreal expectations like to be rich over one night and etc, this is just foolish, and bitcoin is not anymore offering those opportunities to everybody.

Bitcoin is a pioneer in crypto-currency world, yes probably they're some triggers of what called bubble, but imo this is not so close to the truth. About ICOs market I could say that most part of this one is a big bubble, hyped so much. I prefer searching good and real value projects in ICO field that could solve some crypto-field problems such as transactions speed, security, data-storage and so on. I found interesting project called Kelvin Blockchain, this project could affect on transaction speed solidly ;)

I agree. I have noticed this for the past two years. A lot of the users who complain about the decrease in the exchange rates are relatively new users. They need to understand that they won't become uber-rich in 2 hours.

A lot of analogies and discussions have come up on the issue of bitcoin being a bubble or not.  Many renowned economists have come up with reasons to believe why Bitcoin is a bubble. In one of my discoveries, I read where Bitcoin was being compared to Tulip mania. Tulip mania was a period in the Dutch Golden Age during which contract prices for bulbs of the recently introduced and fashionable tulip reached extraordinarily high levels before dramatically collapsing in February 1637. Some skeptics consider Bitcoin to be the tulip bubble of the 21st century. The conclusion however is that it’s really not so simple.

The thing is just that everybody is trying to take precautionary measures and also to be careful and at the sametime, we are taking guides from the previous behavior of Bitcoin. Many of us experienced the Increase in price of Bitcoin from 0.3$ to $300 and then to $1200 before it dropped to $180. Fastforward to recent happenings, Bitcoin has been dropping from $20,000 and it's now below $7,000. However, the real value of Bitcoin is not known, but the price have been swinging up and down by some human and economic factors together with some other factors that are not defined yet. These are reasons why economists are not finding it justifiable enough to invest in Bitcoin and other Crypto-currencies in diaspora.

Whether Bitcoin is a bubble or not, the conclusion cannot be drawn. No one can predict the future happenings. I can only say we should stay positive and be smart enough, to know when to put in our cash and when to withdraw, and also how and when to decide on leaving our investments on a long term base.

A bubble is a sort of scam which can burst and lost forever. Bitcoin is with us since 2009 and since all this time it has grown extensively. I think Bitcoin is a real future and not a bubble at all.

Of course Bitcoin is a bubble; it is a bubble destined to explode, like anything in this universe (even the stars ...).
But this does not stop making big profits waiting for the bubble to burst ...

You can see that bitcoin is definitely a bubble, you can see that the market is fluctuating continuously and it is hard to guess, bitcoin prices are constantly adjusting and fluctuating very strongly, so I itn that time This point to being able to trade success is very difficult. I believe that bitcoin prices will continue to fall sharply until the end of 2018 and then prices of altcoin will fall very deep.

As the price of the currency soars, we can know that the price of bitcoin is not caused by demand. Because the huge changes in demand in the short term are almost impossible.
The skyrocketing currency price is usually an opportunity to speculate. Speculators are the biggest pusher for Bitcoin!

The fact is that Bitcoin has constantly overcome barriers as it continues to hit new heights in recent months. In fact, paying close attention to growth, and the final outbreak of the associated bubbles, show that Bitcoin is an exception. Looking at the growth charts of bubble industries since 1990, there is always a familiar pattern. Bitcoin, however, has skyrocketed and outstripped the chart, suggesting that it is not correlated with technology bubbles, housing bubbles, or biotech bubbles.

I don't think so, because bitcoin gets a lot of trust that makes bitcoin very popular, bitcoin will not become a bubble as long as many still believe in bitcoin. I believe bitcoin is a technology that will be increasingly popular in the future.

If bitcoin takes off too high in its price, it really manifests itself as a bubble and then we see what it can lead to with an example of the previous price record in the price that bitcoin reached in December of last year. Already the eighth month the crypto-currency market is completely paralyzed and is in price stagnation. In general, this is bad, because if bitcoin grew much slower, now it could have a much higher price.

Bitcoin is actually a fast bubble burst. It has grown tremendously in the last one month of 2017 and is down very quickly over a seven month period. This happens so quickly that everyone becomes confused and does not trust Bitcoin.
We should not invest long term, should only buy low and sell high. That would be a safe strategy for traders.

Business is a bubble. Whenever you start something new, you take risk. Risks are part of the business. When you invest, either you win or you lose. It is exactly the same with bitcoins. You can win or loose. There will be millionaires because of bitcoins and there will be loosers. For sure, people are afraid and not sure about this type of investment. It is just new. Let us give virtual money their chance and we will see in the future.

Bitcoin in a number of large countries has already been recognized by the judicial authorities, in the framework of the cases examined, as goods and property.

Everything must arrive at an end the inquiry is to what extent, however it doesn't have any significant bearing to Bitcoin. On the off chance that we keep pumping and pumping, at that point it blow and burst like rise, to keep from this to happen. we have to change the energy constantly, much the same as market revision and market swaying like waves, it is much the same as making a breathing example to manage for a more drawn out time frame. Since the starting bitcoin was a rise as indicated by the specialists.
On the off chance that you are an early players of bitcoin you will truly know whether it is bubble or not, once it will blast you won't lament bitcoin in light of the fact that you were there amid its ups and down like riding an exciting ride, a getting a charge out existing apart from everything else until its final gasp.

Well for me bitcoin is not a buble. Bitcoin is like a business you can never know if you succed or not in creating business you are taking risks its like bitcoin you need to take risk but that risk may grant you more income.

Bitcoin is not a bubble but it is a digital lever created to make it possible for us to trade convenience and savings over real life in our real world.

I can not understand why there is a lot of people trying to say this.. you all know that bitcoin is not a bubble and it will never be, and if it is "a bubble" just like everybody is saying, you should know that at least it wont crash for now

As the price of the currency soars, we can know that the price of bitcoin is not caused by demand. Because the huge changes in demand in the short term are almost impossible.
The skyrocketing currency price is usually an opportunity to speculate. Speculators are the biggest pusher for Bitcoin!
Bitcoin truly is not a bubble in which it is not the same as other investment ,where in you put money on that investment , for few days you will gain profit, but in the second ,your money you invest are gone like a bubble, that will not be backed in your pocket, fir it already vanish like bubble.

I am sure, Bitcoin will be recognized globally very soon. Sure, it is not a bubble, and we cannot compare it with the pyramid schemes and projects as well. I know, BTC will be gaining, and I invest in it.

It is really very strange that still, some people compare Bitcoin with a bubble. They are wrong. BTC is the most powerful cryptocurrency which is also the leader in the market.

Every time that it will pump up and the price is dumping it is considered a bubble but bitcoin is always regaining it's status and multiple times it did break its own record. Technically, the action seems a bubble.

I'm interested in bitcoin as a sort of bubble. It doesn't mean that it will disappear, that it'll burst forever. It may be with us for a while

don't quite understand how bitcoin can be a bubble if it is actively used for transactions and has a different value?

The bitcoin price is stable, flutuations normally happens in this market. At present the market is not good, but it will recover soon. After a long time today the market looks in green. Hope in upcoming days the price of bitcoin will increase because now slowly it starts to rise, expect this rise will continue.

Bitcoin has no clear value and the market is largely unregulated. This combined with the psychological illusion that Bitcoin can become a bubble.

Bitcoin has existed and developed for nearly 10 years, always fluctuating and changing in the market. The sustainability of Bitcoin has been confirmed, bitcoin will not be a bubble, Bitcoin will represent cryptocurrency as the main currency.

Bitcoin will never be a bubble. Tulips weren't a bubble. Their value was in a bubble. Bitcoins value tends to bubble up and simmer down, but that doesn't make the whole thing a bubble. Bitcoin is infinite and will rise like a stair way to heaven even gov't cant stop it. the only way to stop it is to find out who is the creator and yet.

Everyone keeps saying that bitcoin is a bubble that it will eventually pop and it is like the tulip hype or another. What i say is that a bubble.is not as volatile as crypto currency. Bubbles will only have an upward trend and crypto currency has beenngoin up and down like crazy. Eitherway, this is what i believe on. Crypto currency is the future.

Not at all bitcoin is not a bubble it is a real currency and if we know that bitcoin is profitable for many of the people and it is influencing the people power and in these days bitcoin and crypto is the people investments and people are used to it so if some one says that it is a bubble they have no support for their argument.

Due to huge dump in the price many people say that bitcoin is a bubble and investing in it is just a waste of time and money. There is no future for bitcoin and soon it will disappear from the market. But I am very optimistic about the future of bitcoin and I am sure it will take over the market in the future. Other currencies will disappear from the market.

Bitcoin can never be a bubble. Till now bitcoin has become the best investment asset. It has helped many people in many different ways. In this era of big competition bitcoin has the potential of making the money double and providing number of profits. No doubt bitcoin flickers alot but still it can never be a bubble. It has the ability to end the economy crisis all over the world.

I always believe that bitcoin is not a bubble. News of the bubble reached its peak when bitcoin prices reached almost 20,000 USD in December 2017, because they thought the price of bitcoin "pumped" as big as possible then broke into worthless. Apparently this assumption is not proven. Because bitcoin prices have plummeted to this day around 5,586 USD.

Bitcoin is considered a bubble because of its price, which sometimes grows, but usually falls and sags in tenfold or even more, so many people believe that bitcoin does not depend from anyone and therefore can burst, but many countries have already begun to legalize bitcoin and gradually these countries are more and more and it makes it known that bitcoin cannot be a bubble if many countries already cooperate with it and apply its technologies, so only those who have suffered from bitcoin or do not believe in its capabilities think so.

absolutely right while it's still expensive the price can still be said to be a bubble, because so far what has become a bitcoin soared because the price is getting higher and very expensive

it is very strange why there are still those who think that bitcoin is buble. even though it is very different. maybe a lot of people think like that because the price of bitcoin is very unstable, it can go up and down. maybe that's what makes them think if bitcoin is buble but it's not. we must to tell people who think like that if bitcoin is a very profitable cryptocurrency.

in Brussels many experts say the idea of ​​bitcoin is smart, but not good at the moment. i still believe bitcoin certainly be good for the future, may just need time to socialize, and seek trust

If it was the real reason, only the US market would be affected and I don't think to put the market so lower can be the result of an entity of just 1 country. It has the potential but can't say it will make the world better. You will always have the Elit groups controlling the people under the pyramid. the crash is too big in value, and more because a lot of people was here and saw the price at 20,000 too.
And honestly, if people are worried then it's the right thing because we have enough to be worried

If it was bubble it would have being busted long back and would have existed till 10 year. This itself proves that it is not a bubble and driven by demand and speculation. Though the feature of crypto currency is that it is high volatile and that drives the price up and down. And if falling price you consider it as a bubble than yes it is a bubble.

well many people are considering bitcoin as a bubble because its price chart are can rising so damn high continuesly and that really made people thing that was hidden in bitcoin, if people are looking bitcoin in 8 years ago, when the price are so low, there is no many people are notice after all

It is not true bubble use to burst forever, but price of bitcoin is not going to be low forever it cannot be high for never, it use to get high to give us a chance selling high and then have the huge profit for our holding and patience after that it use to get down and give us opportunity to buy at the low price and hold till it become so high once again, according to me bitcoin is not a bubble and it can never become.

After many years of existing in the digital world ,bitcoin has proven that it is not a bubble , because if is a bubble it is now no more for people  will not believe it ,and it will be left behind as scam, but the truth bitcoin is a good kind of digital investment which is really not a bubble as other think of it.

The current cryptocurrency is still a period of early investment. There will be a lot of bubbles now, and the application of blockchain has not been carried out in large areas, so the price drop of Bitcoin is very normal. Investors should be cautious.

I agree that the cryptocurrency idea itself is very interesting. However, judging by how quickly the price of Bitcoin is changing, of course, one cannot but agree that, in fact, this is a classic bubble, because Bitcoin has no economic rationale for the cost. With the same functionality, Bitcoin costs $ 20,000 and $ 4,000. This changes our understanding of the price of material objects in our world. Although, bitcoin is not material at all. He himself is virtual, leaving the material trail of his existence.

In what we saw this last December, Bitcoin went booming it went up so rapidly that everyone jumped into it and as well as other cryptocurrencies, but as its rapidly increasing movement which lasted for a whole year, it suddenly went down rapidly as well, if I could not call it a bubble then I dont know what to call what happened. For me, it looks like a bubble, but the thing is, its value didnt lose at all, and its price is actually still really high, so I cant call it a bubble totally.

It is only those with limited or no knowledge in Bitcoin that liken Bitcoin to a bubble. This concept of bubble was framed when Bitcoin was first created and out of this, some of the early adopters sold their Bitcoin for cheap and now regret. Bitcoin is the future of payments and it is set to spearhead the entire crypto space to that era where cryptocurrency will dominate payment systems.

I am afraid its not a bubble,because this is a currency and has been acknowledged by big countries like japan and its even used as their own currency by that i cant see any reason for thie to become a bubble.maybe this has been being manipulated but not a blubble

i read the news earlier that in Asia, more and more companies are not believing in cryptocurrency, where in essence they do not recognize crypto as a payment tool, but in fact what is not, I do not know for sure

The holy land of investment is always accompanied by many bubbles. This is a common phenomenon in global finance. For example, Apple also has a lot of bubbles, and people usually buy a single investment product collectively. So the bubble is not terrible. What is really scary is the illegal users of cryptocurrencies.