Bitcoin Forum

Bitcoin now is too big for a bubble or the risk is ever the same?

"too big for a bubble"? No, it is different - as it grows bigger faster, the bubble is expanding further which means that the crash will also be bigger

If you think it is a bubble, that is. The price is rising, yes, but what exactly makes yoı think it's a bubble?

Because it fits all the parameters of a bubble as we have seen them again and again. What is needed is that you prove why this for the first time in the history of the world is different. And don't start on the "new technology" speech, because we have been there many times before with technology that was much more disruptive when it came out such as the steam engine, the printing press, the airplane, steam ships, the internet and so on and so on and so on

One thing: I believe this should be posted in the speculation section, but it should be fine for right now.

Bitcoin may always be a form of bubble. There will always be whales trying to buy more and encourage many people to keep buying. What follows these bubbles is correction periods, which do even out the price to much more of a "true value" even though there is no physical backing for bitcoin. This cycle will just continue to happen until we see a huge drop or some stabilization in the bitcoin price through some form of centralization (which defeats the purpose of the coin and should not happen).

I choose to look at it not only in terms of bitcoin, but cryptocurrencies as a whole. Some altcoins are rising, some are falling and some are stagnant. Not every currency is rising infinitely without reason, that's why I still don't see where the bubble exactly is. Sure, the bitcoin price may be higher than it should be right now (due to excessive demand, bullish markets, whatever) but the price can eventually correct itself and not necessarily in the form of a bursting bubble, destroying the rest of the market along with it.

https://en.wikipedia.org/wiki/Great_Recession
https://en.wikipedia.org/wiki/United_States_housing_bubble
https://en.wikipedia.org/wiki/2010_United_States_foreclosure_crisis
https://en.wikipedia.org/wiki/Financial_crisis_of_2007%E2%80%9308

Crypto coins are identical to worthless mortage derivative bundles.

Well said

it is too big for bubble but fast increase of price in short time make all think it is bubble

I'd agree if you cannot use cryptos for other tasks except  speculation.

Bitcoin Cash is the only thing out there for creating a closed economy - so this is different.

The most expensive publicly traded stock of all time is Warren Buffett's Berkshire Hathaway (BRK.A), which is trading at $271,410 per share, as of Nov. 17, 2017). Do you think that is a bubble? We are not even close to a bubble yet. Bitcoin has seen massive adoption in the last year with Japan legalizing it as a currency, so you can expect a huge increase in the price over time. < As more merchants and people start buying and trading bitcoins >

The people call this a bubble, because of the volatility and that is quite normal with a currency/commodity that are small in comparison to other currencies/commodities. <There are also whales that are manipulating the supply & demand side >  

Clearly you must have fallen and hit your head.

There is solid value behind Buffett's share. Real companies doing real work.

 There is nothing behind Bitcoin expect naive peoples' hopes and dreams of becoming rich without having to work.

crypto coins (altcoins) =/= bitcoin

these days the only reason why people say bitcoin is a bubble is because they look at the price and see it is a big number, they have no understanding of what that number is, why it is there and why it keeps on rising and where all the money is coming from.
I have not yet seen any valid argument apart from this to prove bitcoin is a bubble! and yet they keep repeating it.

There have been an avalanche of arguments. But you are apparently in the camp where your ego is so fragile that you cannot get yourself to admit the party is coming to an end, and that your dream of becoming rich without having to work will not come true.

bubble?? i think not yet, i think will go > $10000. I wish go down to$1000, i can my some bitcoin ;D ;D

Fiat is a bubble too. How long have you been in crypto just to say things like this? Many times I did read the same words for bitcoin. Bitcoin is a bubble, bitcoin is so whatever. Risk is risk and no it will not be gone, it doesn't matter if it will ever be the same again or not. Bitcoin speculations are bubble too, almost everything to bitcoin is a bubble and as we keep on saying this thing it's price is kicking. It has dropped and corrected for so many times but it stood up again.

This is correct

Well there are a bunch of arguments for and against, so one side is not automatically correct.

Besides, you keep referring to "getting rich without working", I see no difference between investing in bitcoin and buying stocks and waiting for them to go up, as far "getting rich without working" is concerned.

There is not such thing as too big for a bubble  :) Look at all the bubbles which already happened...they were huge.

saying random words and making them long doesn't mean you are using valid arguments. it just means you talk a lot!

I have never had such dreams of getting rich over night or without work. I have worked hard for every cent that I have ever earned and risked a lot doing so.
and believe it or not, you are not the first "account" on bitcointalk that I have seen saying the same scripted nonsense in the past 3 years. you all disappear and a new account replaces you. and here is your boss: kwukduck (https://bitcointalk.org/index.php?action=profile;u=654), you can't beat his record ;)

Please stop it telling bubble already It’s been telling from 500$ now about to reach 20k still the same I am tired of telling the answer to people.

Bitcoin has a finite number of coins which helps it not become worse than fiat at least. The banks print more and more money but Bitcoin is more like a finite asset class piece of technology that has the same components as gold but has a technology behind it that is steering a revolution world wide. Just look at what blockchain applications are doing right now disrupting mainstream financial systems and you will realize that 8K USD for this tech is still very cheap. What Bitcoin is offering the world is priceless. I couldn't even put a price on it for what it can do the next ten years bringing millions if not billions of people out of poverty and slavery and into real financial freedom.

If you can't handle words with more than 4 letters, everyone else needs to be warned that you are not in position to talk about Bitcoin as your capacity to understand that must be very limited indeed.



Good for you. But that is clearly the case for many in here.

Yes, yes, it is a bubble. Don't touch our bitcoins and we get more...

It depends on your definition. Bitcoin investment is certainly speculative; that doesn't make it a bubble by definition. Looking at the history of bubbles, they typically inflate and burst and that's the end of it. The interesting thing it the bitcoin "bubble" has burst multiple times and returned stronger. Can't say that of tulips or beanie babies. A better analogy may be the dot-com boom - prices got ahead of the tech, but at the end of the day the underlying tech really was transformational. If you held Amazon through the dot-com crash you'd be quite happy today.

It is possible that it is a bubble and it will crash very ahrd, or for some strange reason it might continue growing. Its all in the psychology. But certainly bitcoin itself does not warrant such incredible growth in the past year, its just popular.

Yes, it is a bubble but it can recover, Don't mind the other people spreading FUD here but that's true Bitcoin is a bubble and always been in a bubble but the most important thing you should know is that Bitcoin can recover from these bursts and no one can set aside the face that we are already moving on $8K++ which means from the bursts and price dip on Bitcoin it always manages to recover.

I agree with you!

After success of any new concept a group of community starts criticising it. Bitcoin is the fastest growing cryptocurrency among 1000 and more cryptocurrencies currently operating in the world. It has started its journey from $0 and now reached $8000. Every year bitcoin raised gradually. Its limited supply and growing demand is helping its price rising. Firstly some people called bitcoin as a internet fraud, now they are saying it as a bubble. After seeing bitcoins usefulness and its strong security system, many countries are planning to introduce their own cryptocurrency. We know there are some drawbacks or loopholes in bitcoins. But because its price is rising with great pace, we cannot call it a bubble.

Oh don't worry. It can be perfectly capable of being both at the same time

btc is future now its going to up and up if you really want to earn money you can invest in btc some off time its get back is it risk also but be patience at this time

an unusual bitcoin price increase due to market and speculation. Now, big companies and big investors who usually choose stocks start switching to bitcoin. This is what makes the price so high and risk becoming bubble. in addition to all, for now bitcoin is the best option to supplement income from the digital world.

I am not agree to consider Bitcoin is a look like bubble.Why Bitcoin is bubble?
Bitcoin price is anytime big increasing that means it's not a bubble coin.
Bitcoin very soon reach 10,000$ i hold tightly my Bitcoin.

Bitcoin is never a balloon. a real payment system.

This is exactly why we call it a bubble.

Looking around at the culture of any community associated with crypto has me very pessimistic about it's near future. Most people really have no understanding of what they are buying or what use it has. In many cases the value of these tokens is almost completely irrelevant, as the cost of the services are designed to be tied to fiat value anyways. But People race them to the top based on tweets and youtube shills without thinking.

That's why this is a bubble, because the money here is dumb. That doesn't mean that dumb people won't make lots of money here, but I'd guess that most probably won't. Eventually the house of cards gets too high, the early buyers sell and suddenly there are no buyers any more. HODL all the way up and all the way back down again.

I get the sense that a lot of people are putting in way more than they afford and many of these people are lower income people who have been squeezed by the rising cost of living since QE was implemented and haven't benefited at all from the recovery because after 2008 and the HFT scandals most people don't trust the regular markets, they are being priced out of traditional assets like homes... Speculation has even driven up many collectibles.

People have some vague sense that crypto is the opposite of wall street and banks. Well guess what? Many of you are those people now, blindly buying and selling things you don't understand or even care to understand beyond just enough to have something you can say at a party because you think it makes you seem smart.

People chasing pump and dumps and Jordan Belfort memes lol. This was meant as an answer to 2008?

btc is 40* the value of the last bottom.

btc is not used for transactions

btc will not replace fiat

yeah, bubble. Who's going to sell first?

I don't think bitcoin is in a bubble but what can happen is that countries regulating
bitcoin or even worse placing a ban on it.

I guess that is the only way the bubble will burst.

I thinks so, but just as much as dollar is a bubble...

But how many users are actually using bitcoin as payment system?
I think there are much more people who invested money in bitcoin just because they heard or read somewhere that it will go to moon. I can't imagine what would happen when those investors decide to get out.

You are correct - unfortunately it is too easy to imagine what will happen.

First you say it is not a bubble - but then you say the governments can burst the bubble.

Clearly you are in denial. You know it is a bubble, but you are just hoping that it will not be popped.

It will.

Bitcoin may always be bubbles. This cycle will continue until we see a large drop or some stabilization in bitcoin prices.

I think it's a bubble in April and May I think there might be a bit of hot air and a surge in the economy, but it's impossible to get to the top. After all Bitcoin quantity is fixed. You can always build more homes or factories, which make the market easier to crash.

The tricky part is that Bitcoin has no inherent value of its own other than the cost of the power to mine it. People are excited at Blockchain technology and it's potential so they are associating a lot of value to it. The truth is the cost of the power required to mine a single bitcoin (according to my very rough calculations) is 1000USD to 2000USD. As you can tell from current prices, it is FAR beyond that. So yeah, BTC should come down eventually either by a "pop" or by an increasing cost of mining/processing transactions.

I do not think bitcoin is in a bubble, rather I think the world is just noticing the great potential of bitcoin and that is why right now many have decided to make up for lost time and start investing in bitcoins, as recently announced by CME Group, for which this accelerated increase in price is nothing more than an adjustment in the price that bitcoin always deserved to have.

It seems to me that the risk bubble is still very high. Now it is better not to buy bitcoin and wait for lower prices.

Yes i think BTC is overated and all cryptocurrency is overated ATM.

You know there was a story in my local news about the price of bread at stores (it's high)
Also a few about the minimum wage needing to be increased.

Point is inflation.. which came from the 2008 world wide recession.
A recession that had grave consequences for many.. it collapsed the economy of smaller countries.
It made tons of people homeless and poor. and all of us ever since has been hammered with inflation.

Why ?
A lack of Regulations + Greed.

They chanted NO LAWS !
Greenspan said they would not let the system collapse (again)
He was fucking wrong.
They did.
They did because it was PROFITABLE.

One guy i seen on CNN said it was easy his firm made over a billion dollars over night.. and much more.

You bet your damn ass there is a bubble.
And i know people who got burned on the one we had in crypto in 2013 too.
But this place is full of happy greedy willing participants they will not be bothered by the turd in the punch bowl chanting DOOM.

I am not amused when i have to pay pretty much double for everything in society when financial pundits warned ever since '08 the fix Greenspan and then Bernanke put in place was nothing but a band-aid.. a larger crash is possibly coming and no a broken and fucked up inflated Bitcoin will NOT be taking over if the dollar collapses.
It can't.. it's broken.

GREED RULES and you all love it and chant NO REGULATIONS like pigs.
Problem is the consequences flow around the globe for all to deal with.
Yes a bubble is a bad thing guys.. not something to celebrate.
It's warning.

You all are mostly noobs with no experience or grasp of the context of traditional economies or crypto.
You are blind and dumb and lambs led to the slaughter ..that carrot on the stick will lead you right off the fucking cliff.
Seriously how the bloody hell are the worlds biggest and most popular companies worth a tiny fraction of a scam coin called Ethereum let alone fucking Bitcoin at 8 grand ?
Do you all fathom how utterly retarded that is ?
"Investment" ? I'd sooner invest in Alphabet inc (Google) or Microsoft etc than this inflated idiotic bullshit.

For fuck sake's Microsoft's stock price is worth $83
And Bitcoin is worth $8,000.00 ?
Are you idiots fucking high or what ?
Bitcoin is broken and unregulated.
Like in '08 there will be no bail outs when you get burned investards.

..how quickly people forget ::)

EDIT:
By the way, Hitler got elected because the US's economy crashed.
He tried unsuccessfully for close to a decade to get elected before that and failed.
When times were good no one wanted his brand of Trump'esque soap box anger.
As soon as the depression the US bankers created crossed the sea it was game on !
You reap what you sow.

Great piece

And I love your word "Investard"

I just want to see people care about the thing they are investing it gets fixed and succeeds in a healthy and productive way.

There shouldn't be a bubble nor is one something to support.

We need people that actually care and they clearly don't when they make BTC worth 8k while they know damn well it's broken.

I want to see BTC at 10 grand as the infamous Vl2Vlad said long ago because the ETF accepted it for example.
In other words a sign that it is experiencing growth based on real usage as intended.. as a currency.

Investing in a "stock" because the stock is worth lots is.. stupid.
Just what are all these guys investing in ?

..guys it's been 8 years.

So Microsoft, Facebook Stocks are worth to buy? People have been losted hopes in those stocks and obviously they are making some money from these Crypto's. I agree on most part of your post, but Bitcoin is not a Bubble and it will live more than 2 years and in this time people can make some decent money.

Both of you are correct in my opinion. I'll it explain better.

It is true Bitcoin was made to be a payment system and you can already actually buy lots of stuff with Bitcoin. But it's also true Bitcoin is rarely used to buy stuff nowadays, because of high fees, long confirmation time and also because many people just use Bitcoin for speculative purposes or for long-time hodling.

Right. The only way to prevent this so called "bubble" to explode is more adoptions from different countries and business institutions. And in order to be really accepted, they need more upgrades on its systems. High fees and slow confirmations are unacceptable. Well, who knows bitcoin gets replaced by other solid contenders like BCH.

WOW.

You didn't get the point.
Microsoft is a real company that has spent decades providing usable and working products sent to market.
Bitcoin has accomplished fuck all and is broken and drowning.
MS is worth $500 and Bitcoin is worth $1,00000000000000000000000000000000000000000000000000.00

Wrap your stupid fucking noob heads around this concept.
Bitcoin is not about profits.
It's about a currency.

..and i quote again


And ?
What is your point ?

If you say stupid shit like that you are raising your hand saying.. YES, indeed it is in fact a bubble.
I feel sorry for you all.
You are actually too stupid to understand the consequences of your poor behavior.
No your profiteering is not helping Bitcoin.
And hoping more people come into the pyramid scheme to bump the price up more is not going to help BTC either.
Which is what you just said noob.

It's not 1 guy with this broken English investard mentality.
It's all of crypto.
Hence why i got the fuck out fast & hard.
I morally will not contribute to the pyramid scheme antics nor will i mingle and associate with profiteers.
I also would not hold the future of my investment with noobs acting like greedy morons.

I pray to god Satoshi sees this perverse abomination that crypto has become and dumps your Bitcoin into oblivion to teach you all a valuable lesson.

Yes, there's a lot of bubbles in bitcoin right now. Sometimes I have to wonder how long this trend will last. I also have a bit of money to invest in. I don't dare to go on buying now. Maybe it's time to make a profit. What do you think?

I guess there is a massive global adoption of bitcoin  and that is why the price keeps increasing astronomically but others are trying to attribute it to a bubble that is going to burst any time soon and  so we wouldn't need any solid whatever like BHC which is everything an altcoin except bitcoin to salvage the situation. It is original bitcoin and nothing else.

bitcoin is definitely a bubble, one of the largest we have ever seen. It price has risen so dramatically, and after the fees have grown, risen even more. The elss useful bitcoin is, the more people are entering to invest. No real inherent value (im not buying the 'crypto is the future of technology' Whz excatly?)Why is the bubble so big? Mainly because it is accesible to absolutely everyone, unlike the realeaste market or the financial markets. Here irresponsible millenials, people from anywhere in the world dreaming to be rich, like in anz bubble.

But of course Im sad I didnt get in the bubble when bitcoin was 200.

I dont think that BTC is a bubble. People WANT Cryptos, and BTC is the old king of cryptos, and will continue to reign.

WHY do people want "cryptography" ?


Why again is the crowd out there who are computer illiterate idiots clutching cash interested in SHA256 ?


ohhhh becasue it's a currency that has horrendous wait times and horribly high fees and only gets worse by the day.

AHHHH i see  :D

WRONG.
You are full of shit noob.
You are all 100% here "investing" because it is in fact one giant massive ponzi / pyramid scene facade that is run illegally with no requirements.. except when you sign up at an "exchanger" as you dipshit pajeets like to call them.
THEN, they are govt AML / KYC compliant.
Which is yet another point that takes a fat stinky rotten shit all over the *REASON* Satoshi created the fucking thing in the first place.

I could go on and on and on.. but you all do not care.
You are all 100% greedy deceitful little ponzi idiots clutching FIAT.
Hoping to pour FIAT into Bitcoin so you can "invest" and then dump your Bitcoin and get FIAT *again.
You did not come here to support or use cryptoz as you put it investard.

I will enjoy the IRS and REV-CAN audits and when you all scramble to cover your tracks.
The no regulations and no laws massive free for all will have to come to end end eventually.
I will be cheering for the police because you all deserve it.
You ruined crypto.. forever.

And i don't give a shit what any of you think.. it is a bubble.
It is not natural growth.. when it pops is another discussion all together.

Investards, currency adoption is not a crypto circle jerk for profits.

PS:
DeepOnion is a confirmed scam coin.
Regardless if the noob above me commenting is participating in the SIG campaign.
Yup i prefer my investment advice from nameless shady noob accounts flogging scam coins.  :D

10k is real I think this a threshold psicologic value... we'll see in the next if bitcoin go foward or this threshold pull back the value and many of last user new wallet lose money and trust in cryptoworld... this day are a important test for cryptocurrency world.

There is a form of technical analysis called Elliot wave principal.  It states that their are repeating patterns in financial markets. These patterns are called waves.  Five waves form a complete sequence.
https://i.imgur.com/ZAw8BXk.png?2
  Now take a look at the Bitcoin market from this year.
https://i.imgur.com/JxrHCub.png?1

This ^^^^^

To date, no one can understand what bitcoin is. Therefore, it is too early to say about "bubble".
This is a completely new phenomenon in modern economic realities. And this bitcoin fever involved  whole the world.
There are no people here who could blow up this bubble.
Because this is a real decentralization in action. If someone decides to lower bitcoin, there will always be those
who will buy up cheaper and hold. So BTC will continue to grow for a long time.

Bitcoin too many time broke the rules... and now the thresol look like broken

Too many people say bitcoin is a bubble, but is it really a bubble?The blockchain industry is booming along with the price of bitcoin, which may be a good thing.Today the price of bitcoin reaches $10,000, a day of remembrance.

Yes, i agree bitcoin is a bubble of cryptocurrencies now, but we have to admit it is one of the greatest bubbles of all time, investors have earn too much benefits from bitcoin rising, more people know about bitcoin make them buy bitcoin more and more while demand is too big. We will probaly see bitcoin rise more in the future.

As it is now , I trust we are yet to reached the real value of Bitcoin. People have being to be convinced that cryptocurrencies may replace fiat in the future. Cryptocurrencies. People also have started to see lots of advantages such as ease of use, security, increase in the price and profits etc. Despite all these facts the prediction can not tell the final price of Bitcoin.

yeah maybe now, the Hype on Bitcoin now is so high, so many are thinking that it take over the fiat currency, but for sure it takes a long journey for that to happen, but for sure bitcoin will grow and grow on its fame and its value.

Besides this, I think the real reason behind bitcoin progress is the increasing demand and limited supply which has turned into a very limited rather a scarce supply now. Crypto currencies are the future of money and bitcoin is going to rule that world.

It will be the most expensive asset and still is. No other digital coins has the ability to take its place and yes you are right we yet have to see the real price of Bitcoin.

You don't have any Bitcoins, do you?

Bitcoin reached $10k today.
I can say, we are in a bubble.

Bitcoin keep rising to the new ATH every hour. Honestly, if it keep rising for the next 3 days, I will cash out.

Thats good arguments but they are useless for people who saying
- Dollars have the military protection
- With bitcoin i can't to buy food
- I can buy anything with dollar
and else

I hear bitcoin bubbles many times when bitcoin increases. But the truth is that the bitcoin is still very stable despite some bad reviews. Bitcoin has now surpassed $ 10,000. I think the year 2018 will be the boom of the Crypto market.

Yes as we can see that value is like a bubble to pump giving us hope to earn more money before Christmas i think we should keep our bitcoin intact in our wallet and let it to grow. But i do trading method to increase my income i know that doing regular trading will helps me to gain more profit in the future.

When I first came to know about Bitcoin and its value is double,Seeing with my own eyes.
But then there was no money to hold my bitcoins,If I could hold it then now I could get double value.

Everyone has his own way of looking up at the things but I think otherwise. I don’t really think so of bitcoin as bubble. Yes, bitcoin is a volatile currency just like all other coins which are there in the world of crypto currency but this is the thing which is helping bitcoin in gaining this much of fame and popularity amongst the people. It is because of the reason that many investors are making huge amount of money because of that.

bitcoin is a pretty big bubble for its kind, and if this bubble continues to grow endlessly, that bubble might pop one day, affecting all the investors in a devastating manner, so bitcoin is pretty risky but at the same time profitable.

If it is really a bubble, if you invested on it then you should know your limit. Control your greed and you will not loss the battle. But I really can't see that all the people who already invested on it will let it pop. If the price goes down there will be investors that will buy at low price that will bring the price up again.

Most of these people are the epitome of boiling frogs.  They will sit in the pot watching the bubbles rise and swirl around them...distracting them from the heat that will overcome them as the bubbles begin to burst violently around them.  This is an enormous bubble that exploits the poorest and the most vulnerable.  When the bubble bursts none of those holding 1 BTC OR LESS (and that's most of those depending on campaigns for their incomes) will sell.  THEY WILL GO DOWN WITH THE SINKING SHIP WHILE ALL OF THE WHALES ARE LONG GONE WITH THE PROFITS OF THE HOPELESSLY NAIVE!!!  The poor, barely literate, and otherwise unsophisticated in the world of REAL investing and finance will stand there HODLING an empty bag wondering what went wrong.  They will find every excuse to deny the fact that they have been the sweatshop labor that was just injured on top of that insult that they were the victims of one of the largest wealth transfers in recent history with respect to a single financial instrument.  Not only did they do most of the work promoting BTC but all of their labor will be for nothing since, again, they don't understand what it means to sell at the top.

It's really this simple.  When the mainstream realizes that BTC is a failure as an everyday CURRENCY and is ONLY viable as a store of wealth due to unrealistic fees and processing times the BUBBLE WILL BURST VIOLENTLY.  Those that don't lose everything will simply move into other cryptos or tangible investments.  Let me say that another way:  When the mainstream realizes that BTC is not operating in the way it was intended to operate (in that people are NOT using it as a currency), they will dump and run.  They'll either move to a better crypto or they'll abandon cryptos for the foreseeable future.  It's just like what ended Tulip-Mania....when the average person realized that everyone was buying and holding tulip bulbs but NO ONE WAS PLANTING THEM everyone collectively realized that there would be no more bulbs to sell...because everyone already was HODLING them and didn't need any more!  So what happened?  All the bulbs that so many staked their life savings in became worthless and they ended up throwing them on the ground all over the countryside.  Hundreds of years later these tulips that were worth the value of horses, houses, businesses, etc are now freely growing almost as ironic reminder of what can happen when greed overcomes the average person.  I hear the annual bloom is a beautiful thing to witness.  Someday cryptos will probably have their own beautiful equivalent when they live up to the promises of the idealists.

BITCOIN IS NOT IDEAL.  I intend to be short when the bubble bursts.  People can hate me and the others who said what we've said on this thread.  But no one can say that we were the dishonest ones with delusions of grandeur.  We did what we could to help people see the truth of yet another case of the rich raping the poor.  It's not our fault if you all choose to remain blind and unfeeling to the reality that you are frogs in a pot that is about to boil...and you won't be able to jump out.

I think its important to remember that even good companies/products can be overpriced and exhibit bubble like drops in value. Bitcoin is no different. I think there are too many young people who invest in bitcoin and don't remember what 1999-2000 was like. It only took the Y2K scare to eliminate TRILLIONS of dollars in market cap from good companies like Google, Microsoft, Broadcom, IBM, etc. It had nothing to do with people deciding computers weren't important in the future or that computers were a worthless product. It just happened that people had gotten ahead of themselves in valuing how fast and how dramatically computers would change our lives, but more importantly how that rapid change would translate directly into profits.

One problem with bitcoin is it doesn't generate profit if the price isn't rising. That should always be on your mind as an investor.

berkshire Hathaway had many solid companies in it from private jets to diapers to farm equipment etc etc. Berkshire has price to earnings, profits etc available to us. The class of Berkshire has never split since it's inception. They have other classes of Berkshire that are under 200. If Coca-Cola never split it would probably be worth millions a share. Berkshire Hathaway is a bad example to compare to Bitcoin

In my opinion what we are focusing last days about btc it is just big greed. This is actually not even trading it is just greed, btc just keeps going up and every single day reacing ath. Crazy, my question is who is buying btc at 11k usd?Probably newbies.

Bitcoin not bubble but it is always rise and fall.bit[Suspicious link removed]d for investments price is not stable,it helps for profits.

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Bitcoin was in a bubble but it is in the process of getting out of it. The price breaching $10k has proven that it has true value and many new investors are still getting interested to buy, setting a new level for bitcoin. Many of use were expecting the price to have a correction upon reaching $10k but the opposite happened.

On the off chance that it is truly bubble, on the off chance that you contributed on it then you should know your breaking point. Control your voracity and you won't misfortune the fight. Be that as it may, I truly can't see that every one of the general population who as of now contributed on it will give it a chance to pop. In the event that the cost goes down there will be financial specialists that will purchase at low value that will bring the cost up once more.

There's still doubt that bitcoin is one of the best investment for this generation since we really don't know why and how the price being calculated since there's no real big use as of now aside from those online merchants we still don't see any big establishment who already start using the system, we can't say if until when the price will stay or if the price will fell back deeply but its better to keep aiming positively and ride with this rise wisely.

the price of bitcoin is hard to predict sometimes rise sometimes down if the bubble problem is not a problem it shows better bubbles it also shows the price up what else we are at the end of the year

YES, indeed i am in fact enjoying it  :D

https://www.neowin.net/news/coinbase-required-to-turn-over-user-data-to-irs

Hi there Bitcall! There are so many people with ordinary status, businessman, traders, CEO, popular investors, professors and others that always note that the bitcoin is huge bubble. Even you compare the tulip and internet bubble in terms of price rate and how it reach its top you can definitely see similar phenomenon, bitcoin even surpasses the price increase of those two bubble. If you are asking about the risk, it is more risky than the previous bubbles. However, what makes bitcoin differ is the huge and robust capability it can do that make it more like a necessity in this technological era.  ;)

let's see if the bubble is the same as  China  stock markets in 2007 :

http://www.daytrade-profit.com/2017/11/is-jump-in-price-of-virtual-currency.html
https://1.bp.blogspot.com/-Kixpn8UiwC0/Wh0vmuusCkI/AAAAAAAAJOQ/vfPuWGHZHGMCiz4mZW-H4hTXGIV_eqsjACLcBGAs/s1600/z2.png
http://www.daytrade-profit.com/  (http://www.daytrade-profit.com/)

Bitcoin is undoubtely a bubble. It will blow once. We all need to feel when it's time to turn it into fiat.

it's not a bubble, it's like growing a plant he's metamorphosed, becoming bigger .. i watched as bitcoin went up all the money crypto the price went down ... and it survived until now, if indeed the bubble should only be temporary, enlarged then erupted and back like originally, but this is not

The Y2K scare made the people doubt and lose their faith on computers. This developed a fear of an impending crash and this discouraged the investors. At that moment, they actually DECIDED that computers will be rendered useless once this crash happens. The investor's loss of faith on computers when the Y2K scare happened was what made the elimination of trillions of dollars. Once the investor's lose faith, it's game over. This would happen to bitcoin as well if its users choose to lose interest or faith on it. Since it's speculative, the price would definitely drop once the users suddenly have doubts on the price.

I don't think that bitcoin has already become so trustworthy with people that there is no doubt...I think that it would no longer be called a bubble if it were legalized

agree with you, bitcoin will always bubble in the presence of whales that will push bitcoin will become stronger and that's where bubbles are happening in the urge to buy more

About 1% of people own bitcoin. There is some room to expand.

Even if you had “bought in” all those moons ago, there was no guarantee your investment would have made money. Something to think on.

Only if you sold too early.

Perhaps I should have finished the 'if only':

... if only I'd bought £100 pounds worth back then, and decided to sell today."

Yes, but what if the value of your investment had gone down. The grass is always greener on the other side of the wall.

True but can’t you say that about anything ‘ risky ‘ ?
Stocks , shares even gold . You have no idea if your investment is going to go up like you wish . Doesn’t stop millions of people investing in the stock market does it or investing in precious metals .

What’s the big difference in people putting their money into Bitcoin and potentially losing it as opposed to buying shares ?

An investment in gold bullion or a company is always backed by s omething physical, that’s the key difference.

An investment in bitcoin is intangible, illusory.

Shares have more of a "real" value, because they give you access to something beyond ownership of the instrument itself - you own a stake of a company that has physical assets and (hopefully) makes profits, a share of which it may well pay to you in dividends. Buying shares is an investment that brings returns beyond mere rises in the price of the instrument itself and is underpinned in part by real, useful assets.

Bitcoin is a currency. Buying currencies for any other purpose than buying goods or services with them is speculating. Furthermore with Bitcoin, it's impossible to work out how to assign any value to them. You can get an idea of the real value to you of a physical currency by looking at what it can buy you with it in its country of origin (compared to what you can buy elsewhere with other currencies), interest rates in that country, inflation, and how rapidly the currency base is expanding compared to economic growth. With Bitcoin, how its value should be measured is anyone's guess.

You can say that about any investment though. Hindsight is always 20:20. I wish I'd bought a ton of Glencore shares two years ago. It doesn't work like that.

Yes but if I had bought gold 5 yrs ago at $1700 and ounce and then read today that my gold ' investment ' was only worth $1300 per ounce I wouldn't care less what my gold investment was ' backed ' by . All I would know is that I had lost money. If gold is backed by something physical does that mean I get my initial stake back ?

At that point you can always opt for the gold itself - an investment that never loses it’s value

Then they would have lost £100 hardly as stressful as missing out on £100k

We are entering a new era where most young people do not think like that. They have come into the tech age where everything is "virtual" and in fact most of our money already is. Im old but I understand this which is one reason why Im in bitcoin.

You are exactly right. Bitcoin is approaching 10 years~ old already.I am under 25 and people my age are already accustomed to digital everything... I don't see this going away

Bitcoin is the future. Failing that, cryptocurrency is, anyway.

Any loss in monetary value is more than made up for by golds’ prestige and spending power..

It's a bubble looking for a pin, and as always happens will pop when people least expect it.

No thats the stock and bond markets.

The stock and bond markets have an underpinning foundation of assets based on a valuation of companies and organisations trading performance, growth or downward trajectory forecasts and their ability or otherwise to repay their debts.

Cryptos have absolutely nothing of value to support or sustain these valuations other than sentiment.

That's why institutional investors have started flooding in. Futures trading has been authorised in some US states. This is just the beginning and please Guardian can you please try to present an accurate Bitcoin article for once - Bitcoin does not have to be stored online. It can be stored in a physical paper wallet or in several types of offline wallets

I agree that some stocks have value related to the valuation of the companies, but some are hugely inflated, and are based on future gains (eg Tesla). Similar to Bitcoin - people are speculating on the future value of the asset.

Also there are other markets which have very low, if not non-existent "backing" that sustains their value, such as fiat currencies and gold. Yes, gold has some industrial uses but its high value is based mostly on belief. And yes, you can pay taxes in fiat but its value too, is based on collective belief.

Bitcoin is the same - it has no intrinsic value per se (really the only things that have true intrinsic value IMO are things like food and water), but people's collective belief gives it value, because so many people understand the implications of such a technology.

If the bubble pops (if it is a bubble), then there will be plenty of people buying back in at lower prices and sustaining the value - it's not going away without something drastic happening, such as a flaw in the protocol - and this becomes less and less likely as time goes on.

Stock markets also rely on sentiment and they are priced in fiat currency. What happens when "sentiment" changes about the value of that?

The longer they take to catch up the better for those of us buying it now.

Oh god, you just said "fiat currency" in the same breath as positive comments about crypo-currencies.

HAHAHAHAHAHAHAHAHA!

Bitcoin IS an asset and has no debts.
Its trading performance is public.
Nor does it give a damn about your "trajectory forecasts".

As for it having no value, talk to the citizens of countries with no banking services, collapsing economies and hyperinflation in Africa, Asia and South America.
Ask the miilions receiving remittances.

"About a third of the customers queuing at La Maison du Bitcoin's teller windows in Paris aren't speculating on the value of the cryptocurrency. They're sending digital money home to Africa.
"In many countries in Africa, there are far more cellphones than bank accounts," said Manuel Valente, co-founder of La Maison. "For bitcoin, all you need is a phone."

https://www.brisbanetimes.com.au/business/investments/bitcoin-has-become-a-safe-haven-currency-in-some-of-the-worlds-volatile-places-20171128-gztz2q.html

I most certainly did, keep laughing till you are broke.

Care to comment on derivatives?

I can see the sterling being 1.2 per dollar but i can also see it being 300 for a dollar. It is faith that makes the UK a developed economy. In a coordinated financial attack we can become as poor as an African nation

Ooh yes!

The fundamental principles of derivatives are fine, such as using forwards, options and swaps to hedge against risk. They become an insurance policy flattening out any abrupt change in the markets. Arguably anyone with a fixed rate mortgage has a simple derivatives play.

The problem is that it becomes speculative and a bubble builds. When Mr Hamanaka at Sumitomo Bank effectively owned over 60% of the world’s copper through derivative contracts the $1.8bn loss was no surprise; the same for the “London Whale” at JP Morgan; Long Term Capital Management; and credit derivatives at the heart of the global banking crisis.

As a result, derivatives become utterly poisonous. With £1.2 quadrillion (£1,200 trillion) of outstanding contracts it is also utterly terrifying. I would stop speculative trading on derivatives.

The same applies to crypto currencies. Fundamentally they should and will become a force for good and for change but they are being abused for speculation and greed.

You’re completely missing the point. I agree that a global crypto currency with no or minimal charges would be a real asset to the world. However Bitcoin isn’t it. In countries where there is hyperinflation they begin trading in USD or Euros, a speculative currency like Bitcoin, which fluctuates so wildly is no better than a local currency.

Services like M-Pesa in Kenya have proven a lot more promising for non-cash transactions. https://en.m.wikipedia.org/wiki/M-Pesa

These are really good points, especially about gold. It was one of the reasons Gordon Brown sold it as it provided no return, such as an interest payment.

I agree about companies like Tesla too where valuations are completely unrelated to financial performance. In Tesla’s case the potential is clear yet with Snap Inc it’s clearly not. Yet there is at least some justification for share ownership and price. I just believe that crypto currency pricing is irrational.

I should point out that I’m involved in a consortium building a crypto-currency based trading platform for a market that has problems accessing finance and banking services. When we’ve compiled the risk profile the biggest issue that would lead to failure is speculation. People making a living and buying services want price stability.

Bitcoin is used for extortion by corrupt individuals, and should not be recognised as legal tender. The sooner the bubble is burst, the better.

Unlike USD and GBP, which has never been used for illegal activity?

So is gold, so are diamonds and so is cash - US$, Euros, etc. Must we stop using that too and make it illegal?
Everytime you use a banknote to buy something at a supermarket, somebody else is using the same kind of banknotes to buy drugs, arms or bribe someone.

Used for extortion?! That's news to me.

You're thinking of banks and fiat currencies.

The laws of technology suggest there to be a cut-off date to this scam, the laws of history suggest this to be a scam, the laws of concept suggest this to be worse than fiat... does reality even sink in or the transaction fees not expensive enough or the process time not slow enough? To further that the big boys has intervened... so that romanticised story of Satoshi can burn since sheep don't care to understand whilst speculators don't care, this is going to kill Bitcoin and take a load of that market cap with it.

The technology is going to be a part of the future but that doesn't mean a brand will be... and at those prices you have better chance to speculate at the roulette table.

“Stocks take an escalator up, and an elevator down”

The big question is whether it will become mainstream. Like any currency, it's "worth" something only when sufficient numbers of people think it is. It will be interesting to see establishment reaction if it becomes a genuine alternative to sterling.

No part of the financial system is exposed by Bitcoin, and it’s behaviour means it never will be. It’s impossible to price in it for more than a few minutes, so it just can’t be used contractually in normal business. To hedge it, you would have to revert to normal currency, which sort of defeats the purpose, no?
Look at countries whose currencies got out of control like Argentina for a while or Venezuela. Everything ended up priced in dollars, because otherwise external business is impossible.
And no country is going to accept it has pay some random people a fortune for use of a currency it didn’t create. I see the Bank of England is looking into creating its own blockchain currency. And it won’t require huge amounts of computer power, it will just be created and registered.

Look at American economic system.  USA prints dollars while having huge bebt. I can call it the biggest bubble ever but it's still alive.
Crypto is under this risk too cause it's novice instead of "default" economics but it grows faster. So risks are huge too.

Bitcoin probably is in a bubble and will see a big crash eventually, could keep growing until $20k-$30k before it happens though. It doesn't matter however if it's in a bubble or if its about to crash as history has shown it will go up in the long run either way, the safe bet is to buy and hold. If you wish to cash out some gains now that is also good for financial security but if you don't need that money its usually a safe bet to just hold on to your coins and come back to them in several years time.

If bitcoin was a bubble, it would have burst long ago. A bubble can not live that long. Bitcoin is a serious system that can improve the lives of many people

Recently, bitkoyn really behaves like a classic financial bubble. His rapid growth in the price is caused by the rush demand of people who invest in him to get a good profit by raising his rate. Increase in demand, in turn, attracts again, increasing its rate. If bitkoyin had improved over this period, became safer to use, acquired new useful functions, became more convenient, it would be quite normal and logical. However, it rises in price not due to the growth of its intrinsic value, but simply due to the demand for it, which does not correspond to the actual increase in its value. Thus, it behaves like a normal bubble.

Yes, bitcoin is a bubble and now it is heavily inflated. Most likely soon we will hear how it bursts. But some time will pass and the BTC will be puffed up again. This is for the crypto currency norm. It is necessary to use this

Bitcoin is not a bubble.
Bitcoin-currency 21 centuries. It is the same as our life.
The bitcoin rate rose to $ 13,500.

Bitcoin may always bubble more and encourage more people to continue to buy bitcoins to follow these bubbles that generate prices higher than their true value. although there is no physical support for bitcoin. This cycle will continue until we see some stabilization in bitcoin prices.

My professional comment on this topic is Bubble-Shmubble, bla-bla-bla. That all..

Bitcoin is a comedy. It is a bubble.

Bitcoin has no use. The amount of bitcoin used to purchase goods is statistically insignificant, so it is hardly winning as a currency.

The blockchain is useful and Satoshi is a genius.

I am sticking to coins & tokens that have a clear purpose and are in demand for that purpose.

The speculation / get rich quick element of this shit is bonkers and makes it difficult for folks that want to change the world. It will end in tears.

At least tulips look pretty and smell nice.

At least dot com companies threw lavish launch parties.

Bit coin is what it says on the tin, a place to store and send cash over enet. Is it a bubble,well, depends on if you and a million others think it is. If you are all happy to put cash into this its not a bubble if ya get my drift   ???

The .com crashed when people realized that most of the co. could not operate on a profit and boooom!!

BTC is doing what it says it can do, thats it

no it isn't it was supposed to be a currency.

There are such a large number of individuals with standard status, businessperson, brokers, CEO, prevalent speculators, teachers and others that dependably take note of that the bitcoin is tremendous air pocket. Indeed, even you look at the tulip and web rise regarding cost rate and how it achieve its best you can see comparative wonder, bitcoin even outperforms the cost increment of those two air pocket. On the off chance that you are getting some information about the hazard, it is more hazardous than the past air pockets. Nonetheless, what makes bitcoin contrast is the gigantic and strong ability it can do that make it more like a need in this innovative period.

Such a BTC price will not last long. It is natural that it will soon break. The only question is that the bed will be the price before breaking ...

I think we are just seeing bitcoin move from a currency to a store of value. Buy a coffee with dash or some other coin, hold your wealth in bitcoin. It's the equivalent of gold, you don't cut up your gold to buy a coffee you use a copper coin instead.

Like the answer, the bubbles grow bigger and collide with each other, and they can grow bigger, but I think they may get smaller.

It's like a product lifecycle curve. Now it's the blooming time after the stage of initial adopters accept the concept of BTC. Of course, there is bubble in between. However, the more people join, the more stable the market is. BTC still has great future.

The fact that btc price increases too strong makes us think of a thing, "btc bubble". But I think if btc is a bubble it will not break because when it is too stretched it will be cut off due to the demand drop and the price does not increase so people will sell gradually. Then it continues to be inflated again. that's what I think

Bitcoin is no bubble, the risk will always be the same and this growth of bitcoin is exponential and this might be a major and normal thing for bitcoin.

I dont think it is a bubble.
Bitcoin atm is simply responding to the demand / supply stimulus.
price is going up, people perceive as a good investment, buying bitcoin and the price keeps going up.

I agree, it is has spread too far and wide now. Soon all the major companies will be adopting it macca's, amazon, apple and the demand will grow from there. Most people who believe it is a bubble do not understand what it is all about......but they will. In time they will.

haha, you should not be too worry. It is just a normal increasing before the Bitcoin hard forks likes Bitcoin Gold hard fork or Bitcoin cash hard fork. The market will correct when hard fork finishes

Yes the risks are still the same. A lot of people are afraid that the bubble would pop any minute but it's pretty normal to the people who have a lot of experience in trading bitcoin.

Bitcoin and crypto might be a bubble, and it might pop at some point and value can go down to a low level. BUT its a bubble that is here to stay. Blockchain technology is here to stay. The market is in its infancy and as most people just hold their Bitcoin with the expectation that its value will increase more and more it can happen at a certain point that people start to cash out and then the price going down, but even if it does, one Bitcoin is one Bitcoin, no need to only orientate ourselves at the USD value. 

No one can predict what is going to happen in future for sure. However seeing the past trends, Bitcoin will continue to rise in future as well.

Bitcoin or any currency out there isn't too big for a bubble and with bitcoin on the road to be a mainstream digital currency, demand is growing extremely fast as well and if a bubble were to occur it will be difficult to notice because this time around it does burst easily, i guess risk is the same only this time the bubble is massive.
its hard to tell whats behind the rise of bitcoin value because other people are saying it might have been caused by the recent hack...

The trader now prefer do rolloarcoster on treshold price then chang eall bitcoin to dollar, it make BTC more stable

This is a bubble but itll be awhile before it pops

Investment bubbles must be respected. They do not come from thin air, but rather from a reality that has been misperceived.
This is a truth that springs from the most famous bubbles of the past. Internet stocks, canals, railroads and motor cars all had a great future ahead of them when they were at the centre of bubbles

I think that the risk of a bubble is still the same as it was eversince people started to invest in crypto. However even if Bitcoin is a bubble, its one that is supposed to stay. Blockchain technology is real and cant be wiped away again. Bitcoin can crash, but the tech and the advantages the distributed ledger technology brings to various industrys and to people in general will stay and therefore it will recover sooner or later if a crash happens. Im very confident about Bitcoin and blockchain tech.

Bitcoin bubble up due to massive invrstors around the world. I would say, it might have several problems that will encountered on the system and I believed they will find a way as much as they can. As what happend on the previous days that the system getting slow because of the crypto kitties and definitely they find a way to solved. Soon, if there might be happened in the system like bitcoin crash, they will find a way to resolved the issue since many people are hoping that the bitcoin is the future for everybody.

I don't think that Bitcoin is a bubble. The appreciation of its value is a testament that it would continue to exist and gather more and more support as it grows. There is no way Bitcoin would suddenly burst and loses all its value instantly. That is what a bubble means. Bitcoin is definitely not like that because the backing of real people and investors are the ones that fueled its continued existence and growth.

time to sell  8)

Bitcoin has a finite number of coins which helps it not become worse than fiat at least. The banks print more and more money but Bitcoin is more like a finite asset class piece of technology  ;D ;D. So that is why the price increase.

When we say it is a bubble it means that the real value of an item or investment is much lower than its current value, it is hollow in the inside and will burst at any moment. Bitcoin is not a bubble, I think is current price is still lower thank its real value. I think since its designed market so big and with fix quantity of bitcoin, its real value may be closer to $1M per bitcoin

Do you think that bitcoin is a bubble? Then you're wrong because if you sa the markep cap of bitcoin i think no one can destroy or defeat that maybe it become more famous in the next year so dont think that bitcoin is only a bubble just believe that bitcoin will increase more.

One can see clear parallels between the bubbles they've studied and Bitcoin's current rally. Bubbles tend to be driven either by new technologies (like railroads in 1840s Britain or the Internet in the 1990s) or by new financial innovations (like the financial engineering that produced the 2008 financial crisis). Bitcoin, of course, is both a new technology and a major financial innovation.

A lot of bubbles historically involve some kind of new financial technology the effects of which people can't really predict.These new financial innovations create enthusiasm at a speed that is greater than people are able to reckon with all the consequences.

Maybe we're seeing classic signs that often occur near the end of a bubble. The end of a bubble often comes with "a high amount of volatility and a lot of excitement."

You have a point on that but my opinion literally the meaning of bubble,  grows its value which is positive output and it may burst which is negative side. Well, lets say that kind of bubble having a huge space to expand further, just like the situation of bitcoin. Having a huge space to expand as its value is still increasing that already proven many years ago which is value is so small unlike on todays value. I believed that it can bubble up more since many people gets interested on bitcoin though we can't predict the possible happenings but I still prefer to believed that bitcoin will overcome all of downfall situation.

There are still no news nor speculations regarding bitcoins popping in the market. The bubble may burst any time but as of this moment, I highly doubt that bitcoins will pop now because of how much investors are involves in the blockchain. The risk is still there but it's still palatable to invest into.

Don't think that it is bubble at all. Maybe bitcoin will cost less than now, but it won't crush. Cause there a lot of project that are based on btc.

Bitcoin is always too big. Bitcoin is always a bubble. When Bitcoin reached $5, it was already too big and will explode anytime soon. And then Bitcoin reached $50. Again, it was already too big a value and will definitely burst soon enough. And then Bitcoin finally reached $500, people are again saying it was the right time to convert to fiat because the price is already very high that the bubble will most likely burst. But Bitcoin goes on to hit $1,000. The remarks are the same. And so on and so forth until Bitcoin will hit $1,000,000.

There are many stories about bitcoin. About the bitcoin bubble, I think the bitcoin is the bubble. However bitcoin has not become a bubble because the capital of bitcoin is big but still small compared to other markets.

many of us say bitcoin is a bubble but if it is true, we cannot do anything. the price is up and down and makes many people trying to get bitcoin in many ways. but for me, I don't take too serious about this and I think it is better if we can enjoy the price whenever it is up or down and we can try to make a profit from this. if we only follow the news without watching what is happening in the market, then we can be too late to take action and we can lose our chance to be a part of the market.

I can't wait for that "BIGGER CRASH" of Bitcoins. I'll sell my car, and buy more of it if that happens! :)

If I think again, I agree that bitcoin is a bubble of cryptocurrencies now, but we have to admit that this is one of the greatest bubbles of all time and history, investors are getting too many advantages of bitcoin enhancement, more people know about bitcoin making. they buy more bitcoin. While the demand is too large We may see an increase in bitcoin in the future whether better or worse but we want better for future bitcoin members to be bright.😉

No one knows if it's a bubble or not — what we're seeing at the moment is unprecedented, as we've never had the technology to enable something like crypto before.

Yes now bitcoin is too big for a bubble. But this is main reason for every investor. If bitcoin price low down so everybody fall to a big loss. But i think bitcoin rate also increase.

You're right bro, as my own opinion I don't really believed that bitcoin is a bubble as many said that it can burst anytime. As long as bitcoin is profitable having a good value and makes everyone benefit on it, well everybody will happy on that. Hopefully bitcoin will continue to survived for the long period of time as good for many and for all.

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in my opinion, the market is still correcting and over the coming weeks, we will see a downward trend.

bitcoin is no different to any other commodity and markets are driven by human nature.

look at the graph for btc / total market cap. third peak will return close to second peak.

The same cycle happening all over again. I find it funny that most people that I know that are complaining about not investing when the its price reached around $20,000 are also the same people who mock bitcoin as a bubble when it went down to $14,000-$15,000 currently. Make up your minds people! Bitcoin being a bubble is no myth and no new news. It definitely will regain its price by the following year considering that it has been consistently increasing today. Though you might want to try other altcoins for short-term profit, I do not believe that bitcoin would pop anytime soon.

The bubble argument is quite silly , all stockmarkets are a bubble of speculation, all money is in a bubble, as we saw with the last bank crisis

I can't believe people argue that BTC is not a bubble.

Has it exceeded its intrinsic value? - yes
What value: currency - only 1% used to buy stuff; store of value - limited numbers but its not like other commodities that have a use e.g. gold & jewelry.

Has it corrected? - yes, 25% last week

Is it still correcting? - probably

Is BTC blockchain tech being surpassed? - yes, blockchain 2.0 and now 3.0 emerging.

It began to explode yesterday and bitcoin prices started to dump back. It seems the whales started selling their reserve bitcoin in large quantities and started squeezing the bitcoin down sharply to buy bitcoin at low prices.

Actually it is not a bubble. Since, when you look at the trend of BTC market price you can find out that it is trying to find more customers. When the customer rate is stable you will find a stable price for the BTC 8)

Bubbles are great things if it encourages people to get into something useful. Bubbles are not necessarily a bad thing.

When you say it’s a bubble, you’re looking at a ‘currency’ and comparing it to another ‘currency’. This time one is a crypto currency and the other is a fiat currency.

If you measure everything in dollar terms only, you’d probably think that it’s in a bubble. But if you ask someone from a highly inflationary country or just any other country - they’d say, to heck with it - I’m buying more!

Now, if I had a crystal ball and told you that Bitcoin (BTC) would reach US$ 500,000 or US$ 1 million - would you buy today??

If you stop thinking in terms of one currency against the other, and start thinking in terms of purchasing power - your perspective will change.

bitcoin bubbles will be very risky and that's a price sign will be chaotic for no apparent reason so need to be careful because the price will change without any explanation

I don't think it has a risk if people keep on investing in it. It's price may fall a little bit sometimes but it will always get back to what it was and go even higher. Only if alot people will start cashing out their bitcoin, it's price will come down, because of reduce in demand. But it has a pretty low chance as the number of people wanting to invest in bitcoin keeps going up. I think the people who invest when the price is low will get alot of profit as it will most probably recover. Still there always is a risk as you never know when more number of people would want to cash out their btc.

I think those people use bitcoin know and should know that, we are not sure for bitcoin but i believe in bitcoin because of the price its reach. bitcoin has proven its ability so i still invest in on it.

Bitcoin is a big bubble !
The real price for bitcoin is 2-5 K $ not more

Bitcoin have weakness compare to other currencies

It is time for other currencies to move !

Bitcoin is a big bubble !

Bitcoin never & never touch 1 M $ bcs it have many rivals can do it's job better

we need a currency can be spend not just for storing

we need a currency can buy with him pizza .... cryptocurrecies come to make our life easy not harder !

normal price for bitcoin is 2-5K

for currencies have 10-100 M coin the price can be from 100-2000 $
for 100m-1b from 10 - 200 $

for 1B - 20 B from 1-20 $

for 20B - 100B from 0.1-2 $

depend on the currency and the team behind him .

Bitcoin is crashing !

every one , sell and go to cheap currencies below 10 $

It is a big fundamental news !

bitcoin is crashing !

bcs it have many rivals lower prices and better network ...

Bitcoin is just a cryprocurrency not oil or gold .... all cryptos come from electricity and GPU

Bitcoin is Just propaganda ... but black chain remain in the market and go higher and higher .
 Reply

Same here bro, I hold and invest with my own money as I believe bitcoin will increase. Actually I don't believe that bitcoin is a bubble to think bitcoin has a great value having a corresponding amount that really helps those in needs to support the financial aspect.

Bubble or not people are making lots of money out of it

Imo, this is just people selling their profits to buy some Xmas presents. In a few weeks, BTC will rise again. And what if it is a bubble? People who've been here for a few months should have accumulated some nice profits already, if they've been regularly selling profits.

We'll see. It seems to be taking a while for transactions to go through, so I'm seeing slow progess in Bitcoin for the upcoming year.

Really, you look like a prophet mate which you can easily say that bitcoin will slow in progress which more people amazed on the bitcoin. Well, if that's your opinion dude I'll respect it but I believe that bitcoin will become more in progress by this year and in the future.

Actually, we have our own perception on the possible outcome. On my own opinion, yes its possible that the progresson bitcoin become slower due to thousands of people joining here in bitcoin community as well as in crypto currency community but I believe that those  devs and staff will make a possible way to fixed that possible situation since bitcoins and altcoins value are increasing. We hope that all the hindrances that may encountered in the crypto currency will overcome since many people relying in this job.

bitcoin now is more to be too big for a bubble and more than just risk.
bitcoin is fast way to get some money or to be rich but always rick founded.
choose risk because life is a game

Guys, im studying now economic, and read a lot of bitcoin.
check this -->      b i t.ly/ 2 A A 3 O O W
you can read this free, and you will see what i mean.

Honor me later guys.

Dont rage now because the link, just copied it out from youtube video and forum banned the link haha

 Bitcoin is not a bubble according to my concept since previous years people were not aware of this Bitcoin even no one had even heard of what Bitcoin is and how it works .Now, people came to hear about Bitcoin through medias and news papers still globally even half of the worlds populations are not aware of Bitcoin. Since Bitcoin is decentralized digital currency people are scared to be involved in Bitcoin since some countries started to ban this is the main reason that people says Bitcoin bubble.

Bitcoins are always in hot water. We can never say bitcoins are without risks. The risk of bitcoins being a bubble is still there. Other forks can still happen, so consider it a risk, as well. It is also good to mention the possible crash that can occur during the year.

 It allows people to bypass banks and traditional payment methods for goods and services – an idea that has evidently caught the imagination of some investors, because its price has surged by more than 900% in 2017. Bitcoin – created by “miners” who use high-powered computers to solve complex issues on system

Bitcoin is no better than a normal currency which fluctuates every time there by making exchange rate imbalance.   ::)

The bitcoin is like a bubble that is slowly getting smaller. The value went of the charts really fast and made a lot of people a lot of money but then it was Christmas then everyone started to sell their bitcoins to buy things with it. That is probably the reason why the value dropped to around 13k. But i think that it will slowly go up again. My speculation is that bitcoin will be worth around 25k in march/april.

Judging by the latest plan bitcoin, it has long been not a bubble, but something more that people can not yet explain its fall and sharp growth. He is not stable.
 ;)

No bitcoin is not a bubble.It has undergone price correction already and if it had been a bubble,then it would have almost burst much earlier.I hope that bitcoin is not over valued to be termed as a bubble.I think that the critics of bitcoin are continuously terming bitcoin as bubble for the past one year and still it continues to progress.Bitcoin has some use as a payment option and so it has continuous demand based on usage and so,it its not a bubble.

Here we go again... each price correction that BTC has the bubble fear comes up again! LOL

Seriously, if you do not believe in Bitcoin then just stay away from it, Bitcoin has proven time and time again NOT to be a bubble!

I think we are just seeing bitcoin move from a currency to a store of value. Buy a coffee with ethereum or some other coin, hold your wealth in bitcoin. It's the equivalent of gold, you don't cut up your gold to buy a coffee you use a copper coin instead.

yes it is true, all prices that occur due to demand and demand, we all know that currently bitcover marketcap reaches more than $ 265 billion and I'm sure no one can control the money of $ 265 billion and not a bubble.

no is no bubble but many people like bitcoin now. price will go up for this coin is the future currency.

for me it is not a bubble probably because of its many inventories and offerings so that bitcoin prices soars every year

Bitcoin is always too big. It always was, always is, and always will be too big. I don't care about whether it is too big. I know 100 percent that within the year, it will surpass $20,000 or $30,000, possible even reaching as big as $50,000. That is too big just the same. Everything's too big with this invention. When it became $5, it was already too big. Bubble bubble bubble blah blah. If you think it is then do not join. There are so many regret stories in Bitcoin, remember.

everything must be there is a risk it is sure as well as the bubble bitcoin is increasing but for me everything is at risk there is a way out to minimize the risk

The concept of bubble is overrrated - and underrated at the same time, depending on the situation. The whole world's financial system is a bubble of non imaginable size - but who cares. Perhaps Bitcoin is a bubble too - but surely not that big.

Well if you consider dotcom bubble was popped at $3t and was in 1999 I think we have potential to reach $5t before popping :)

the term bitcoin bubbles may now have been familiar to people Internet users ... especially for people who like to mine on the internet ... with a lot of bitcoin specialization could be the bubble will become larger and will continue to grow

Bitcoin is risky, but we as bitcoiner can not make "risk" as a reason to be afraid to be in bitcoin world, because everything that is profitable and valuable must have its shortcomings.