Bitcoin Forum

Bitcoin has recently been a hot topic among many people, economist especially. But as it moves towards the $12,000 index many are having doubts as to how stable the market for bitcoin really is. Just recently, an expert from Yale who was considered as Wall Street's most influential economist described it as a dangerous speculative bubble due to its lack of intrinsic underlying economic value to the concept.

Despite the lack of understanding of its mechanics by lots of investors, why and how does it continue to prosper?

Is it really just a bubble? And if it is, when is this bubble going to burst?

Nobody actually knows bitcoin's future. For now I would not say that bitcoin is going to pop in sooner time, cause of it is just in the beginning, people are investing huge money in it with expectation to get even huger money from that investment. All those people are called as whales and they actually control the price, so while there are those whales with their exceptions bitcoin will not explode.

Depends how it evolves, for now Bitcoin is not real a currency but more of an asset, just like gold is. However, Bitcoin could evolve and becomes a real currency, there is still a long way. The value of it relies clearly on the blockchain, a fantastic technology. IMO Bitcoin price will continue to rise, until at least the end of 2018.
But you may also want to look at the competition of other cryptos, the obvious names are Bitcoin Cash and Ethereum. That's why Bitcoin price standing where it is now and rising is not a given, even though I personally remain optimistic.

It's a bubble when you're not fully impressed with the backbone of the blockchain technology.
Most people considered it bubble are businessmen unlike developers, they are intrigued and amazed that Mr. Satoshi Nakamoto's greatest idea that the economy world is adapting.

It is true that bitcoin price has rose by over 10x within this year which is quite hard to believe but that growth was backed by real adoption of bitcoin technology and increasing demand for bitcoin. Many are buying bitcoin as store of value and many newbies are learning about bitcoin. Even if bitcoin price will reach  $100k+ within next few year, i will not call it a bubble.

Bitcoin is not a bubble. Bitcoin is the currency of the virtual world. On wall Street do not understand. After the emergence of bitcoin industries such as the production of components for computers and combines IT technologies has received additional funding. They will develop rapidly. Is that not proof that bitcoin is a real asset? Maybe the price of bitcoin is too high but he's definitely not a bubble.

If it is a bubble it is showing no signs of bursting. Many wall street economists will claim that it is if they have not invested earlier. With bitcoin has brought a new breed of traders some have probably done very well but for others it has been a learning curve.

I feel as if it will pop soon. The public will soon get used to the high price of bitcoin and no longer care about it too much. This is when demand of bitcoin will drop and so will the price. A lot of people were excited when bitcoin hit 10k as it goes on people will forget about it as it seems too hard to get into as an investment. But the way bitcoin was designed in order to handle with inflation is very smart and might be able to counteract the possibility of the market crashing. All I can say is that bitcoin is very likely to pop as the public loses interest but nothing is for sure.

Most of the people who has made the statement that bitcoin is a bubble are the people who regret not buying bitcoin when the price was feasible/low. All of these so called bankers and wealthy people want to get into the game now and make a quick profit. Nevertheless they know that articles and news saying bitcoin is a bubble will stir up a reaction among the people and cause a dip, therefore enabling these guys to buy at a lower price.

As an application developer, I am amazed and stunned when I deeply learn and study Cryptocurrency Blockchain Technology because it is very complicated but yet complex in the way that verification of every transactions to public ledgers is stunning.
Soome People tagged Bitcoin as a bubble because they don't know the history of the making and the years of development by one of the greatest developers like Mr. Satoshi Nakamoto.
It ia a bubble Because they refer Bitcoin price personally and doesn't recognize the credit to the developers and coders.

Why do they call Bitcoin a bubble? Maybe they are people who are too worried about an investment. And I guess they are people who have not really understood about Blockchain and Bitcoin.

Even if it's a bubble, it shines in the air with most beautiful color.

Clearly that compared to other financial assets today's bitcoin price is inflated way beyond its real-world value. That being said, Gold is also way overpriced and stable.
We believe that Bitcoin is the gold of cryptocurrencies and as such, this behavior does not necessarily indicate a bubble.

The current price for bitcoin is formed by demand, but if it is speculative, then in some ways bitcoin is a bubble. I think that demand will remain for a long time, so if bitcoin is a bubble, then it will not collapse soon.

Seems late investors are the only people who state the Bitcoin is a bubble and they're already behind from the hottest blockchain technology.
Investors are happy enough that they have at least a single Bitcoin on their virtual wallets and drinking coffee with milk while watching their Bitcoin grow up to $15,000 price pumping this quarter of the year or the first quarter of next year 2018.

yes, it is. stick to ethereum :)

The internet is replete with people referring to bitcoin as a “bubble.” They are spreading fear, uncertainty, and doubt galore. They believe bitcoin’s high price spells impending doom, but their criticisms move beyond mere skepticism. It seems like they just hate cryptocurrency. Yet many of these pundits do not fully grasp bitcoin…or even economics.

those who are not have any amount of bitcoin,calling it as a bubble.people said it is a bubble when it cross 1000$,2000$,3000$ ..... 5000$.at the moment that same people understand the real value of bitcoin and consistence of it they try to buy them.and also it is a digital currency.OLD AGE people still not familiar with these things.so they also telling bitcoin is a bubble.it is hard to find a person from new generation who called bitcoin as a bubble.

I still believe, bitcoin will continue to increase. Only I have hope in January will happen Dump. a
fter that the price will continue to rise to reach $ 15K. DYOR

Why do they call Bitcoin a bubble? Maybe they are people who are too worried about an investment. And I guess they are people who have not really understood about Blockchain and Bitcoin.

Yeah. we can't really force others to make believe in btc,some are negative thinkers when it comes to btc or other cryptos because they don't trust it and they are afraid to lose their investment. I cant tell if btc price now is really a bubble because it keeps increasing.

Bitcoin is the most important issue in 2017 I think.Many criticized about this coin in wrold wide.Bitcoin pump amazing 11,700$ but I am not agree to believe BTC is like as bubble.BTC price always movable it's so much pretty.I think no risk in investment.

if only a bubble then bitcoin has been destroy long time ago. is not the price and the value actually getting more and more expensive?
if bitcoin is a bubble then it will not want big investors investing here, but they want to.

I disagreed with the wall street economist, for it to go a long way till this moment from 2009, without any sign of bursting, then what could make it burst at this time of it famous?

People I talked with say that it's seems to be a bubble. That's why I am afraid to buy even a satoshi.

Being calling BTC a bubble, according to me it is the most senseless thing because BTC is not a bubble that is very big now a days and will be burst into air in the future. It is the future of finance that has attracted attention of many investors and moreover BTC increasing valuation and its increasing craze and demand among people has made him the superstar of the currency world, of which every one is fan. BTC redefines the definition of investment and economics and will definitely be used by everyone in coming future, so it is not the bubble but the water ,which will continue to flow always.

I don't understood What do you means bubble for bitcoin ?>:( >:(
Bitcoin is not a bubble that It will explode.Present time Bitcoin is the most important issue.Many people known about bitcoin now.Bitcoin increasing system is very amazing.I am not agree with you that bitcoin is a bubble.

Many well known economist said it's a bubble. They even compared it to the biggest bubble of all time, the tulip bubble. And the comparison is very much alike. The signs of being a bubble can also be seen in bitcoin. That's according to these economist. Maybe they're just scared of how the success of bitcoin will affect the worldwide economy.

I can understand that sudden surge in the price was unexpected to everyone but since institutional investors are willing to join this game, they are pouring their capital day by day and hence the price is increasing. Definitely, the price can decrease rapidly if they decide to exit from this game. However, as of now the intentions of those investors are unclear and hence it appears like a huge bubble but I am expecting a correction soon and the price will fall.

it is hard to see what would stop central banks from creating their own digital currencies and using regulation to tilt the playing field until they win. The long history of currency tells us that what the private sector innovates, the state eventually regulates and appropriates. I have no idea where bitcoin’s price will go over the next couple years, but there is no reason to expect virtual currency to avoid a similar fate.

I do not think it is just a bubble that is the currency of the future because it can not be falsified

saying bitcoin is in a bubble is FUD spread by traditional bankers its like saying the internet or apple was in a bubble when it just started only diffrence is bitcoin is a treat to the global finacial system unlike the internet so you guys must expect a bumpy ride but i bellieve we will see a 100 000$ bitcoin in the future!

The Economist magazine recently published an edition with the article, 'the bubble without any fizz'. The general gist is that 'Low interest rates have made more or less all investments expensive'.
Bitcoin could be included in the scope of 'all investments'. If 'everything' is a bubble, then is it sensible to even talk in terms of bubbles?
If 'Everything' is a bubble in terms of fiat currency, then perhaps the questions should focus on the currency itself. This is the common denominator that gives 'life' to these bubble characterisations.
Our fiat currencies are debased, they are becoming worthless. People are finding safety in houses, art, stocks, land etc. They are becoming stores of value in themselves! Inefficient ones!
Many people are waiting for a more efficient store of value. Bitcoin is the best contender right now to serve that purpose.

In an era of deep mistrust in big government, it's pretty huge.

The technology is just getting better and better. Crypto bubble is just hearsay from this point.

The real bubble occurred in 2013 when it hit $1200 then shat to $200. I bought a flight on cheapoair the day it hit $1100 to go visit my friend overseas, by the time I landed the bubble was starting to pop. I remember the day clearly.

Nah that was a crash due to Mt Gox not a bubble

Even it is a bubble, the value of BTC is growing up and I think that one should take advantage of it and make profits.

I do not agree.
Bitcoin is not bubble. Biitcoin can thrive, can add new features, may change value. The world desperately needs a better currency system, and the superior digital protocols that accompany it.
Bitcoin is not controlled by a single entity. such as the internet that has never been centrally controlled, and that's fine. And of course we are fine with the internet.

it's to hard to say that bitcoin is a bubble or will become a bubble.  I would say that bitcoin is a non-stop rollercoaster with no ending.

Even though bitcoin lacks intrinsic value,the reason for its continuous increase in demand and price is that its supply is limited and so free from inflation.It is free from the hands of governments from whom the normal people suffered a lot due to high taxing.So,people find it as a safe haven.Also,bitcoin having no chance of getting hacked when kept in wallet unless its private keys revealed.The financial freedom it provides.The privacy it provides in sending very huge amounts of money without disclosing any personal details.All these factors make bitcoin price grow continuously.Bitcoin deserves even big price than this and any thing which is not priced above its value could not be termed as a bubble.

Don't listen to the media and what these experts say. They always like to release their views at random. Sometimes people who don't understand the encrypted currency are also commenting. It's ridiculous. I think some people even more than these experts do not know where bitcoin transactions.

If bitcoin is really a bubble, will it be a reason for you to quit ? It's just like facing a two problems alone. Life is worth taking a risk. It is worth to gamble for. However, I'm not persuading you to continue or quit. Overcoming situations such as this depends on the kind of person or the personality you have. If you can take it, then go for it. Quitting now won't give you the answers.

its swollen bubble obviously, and its supposed to be deflated

Investments that skyrockets in price are always called a bubble.
This wont stop until bitcoin takes a higher price in just weeks or just days.
They will keep on calling it like that but what do they really know. There is just a limited number of bitcoin and we are investing for our future where it will be used widely.

many people say that bitcoin is a bubble and many of them say that bitcoin is not a bubble. but for me, I think bitcoin is up and down too often and makes people get panic. but if bitcoin is really a bubble, then I think it is no problem for us because we still make money from bitcoin. if we can buy at a lower price then we can sell for the high price.

it will surely be a bubble if the people who are engaged in it doesn't fully trust the blockchain technology behind bitcoin,
that is why it is a must that anyone engaged on it must fully understand cryptocurrency first.
it is not just a simple investment but a mission.
:D

Have always encounter these almost everyday giving negative views on bitcoin. But my question is, if bitcoin is really a bubble, then why it didn't ever popped until now? With all these negative views, i am still firm to my decision to invest in bitcoin and hodl it. I know bitcoin has still a long way to reach for its peak price.

You have reached the actual point of pivot. Actually these all economist are using their name and disguising the actual facts and figures that bitcoin is making all this way. Bitcoin is succeeding in its mission and this is indigestible to all these. Therefore they are making such statements. Bitcoin is not a bubble, and if they are comparing the pumps and dumps with that, they are wrong.

An expert from Yale, who was considered the most influential economist on Wall Street, called bitcoin a dangerous speculative bubble because of the lack of internal economic value of the concept. And other experts on the contrary believe that this is not true.

For example, the billionaire brothers believe that bitcoin is waiting for a twenty-fold rise in price.

For how much long it will be a bubble. When will it burst out? It is very much clear before the people that people are investing more and more day by day and investor are also increasing every day so how can we say that all these people are fool or non-sense. They are earning huge amount through bitcoin business since 2009 so how they will believe that bitcoin is just a bubble.

Bitcoin is not a bubble. It is a real business of new based technology which saves time. Quitting from bitcoin would not be a wise decision.

Well. in the start it might would had been that. a bubble. but now its no more a bubble. infact now the regular financial system looks like a bubble against the giant 'Bitcoin' and it looks like the the Giant will show no mercy and might crush the other regular financial systems

I think bitcoin is a weird mix of goods and currencies. The value of a bitcoin's currency is derived from its monetary value, but its use as a currency is lessened as its commodity attributes become more pronounced.

Bitcoin is a hot topic on newspapers, on websites in some countries. This year's bitcoin price increase makes many people think bitcoin is a bubble.It is inflated quickly and maximally and it will burst at any time. That makes investors worry about their future and their money

Bitcoin is and can be seen as a sign for a new Era of time. Things (big values of money) and especially markets increasingly will change - what we see now in my opinion is only the beginning and it is reality

bitcoin is not a bubble that is likely to explode anytime, im no expert when it comes to price monitoring of the bitcoin but as  you can see prices can change anytime but look at some of the bitcoin investor, they still keep on waiting to drop like a bubble you said because that was the time to buy some bitcoin and wait for the great time to sell as the price goes higher,
not like altcoin as you can see bitcoin is stable as the times goes on, maybe theres some altcoin that is stable enough to compete bitcoin, and thats the time you can consider the bitcoin can pop like a bubble  ;)

Are cryptos a bubble? Yes for sure, very similar to the start of the Internet. Is Bitcoin a bubble? Possibly not, if it can evolve, save the fees problem and become a real currency.

Bitcoin rises and falls based on changes in demand, and changes in demand are based on how useful it is, and what market participants find it useful, and the supply is fixed and known, more transparently than any commodity in existence.
With that in mind, it is not controversial if bitcoin drops dramatically in value, except to the masses of people that are looking to use bitcoin as a short term retirement strategy. Unlike the stock market, commodities trading never caught on amongst the retail trading crowd for this specific reason as they aren’t expected to rise upwards to infinity, and in fact, have seasonal price spikes and troughs.

Although Bitcoin may not have the data or limited enough use to suggest seasonality, the point is that fixed supply assets always rise and fall dramatically based on changes of supply and demand and that is not controversial.

Looking at bitcoin akin to commodities is important because the effect of news is different. Just like with oil prices, bad and horrible news typically causes for a rise in oil prices. Hurricane in the gulf? Conflict in the other gulf? Higher oil prices because the supply is further constricted. You have probably felt this at the gas pump your entire life, but never considered buying oil yourself to profit from this phenomenon.

Many people have a skeptical or negative view of bitcoin, and are validated when “bad news” comes out, but are confused about why the price keeps rising anyway. Many times, bad news constricts supply.

For example, when bitcoin’s mempool is full, or when there is a backlog of transactions, this means that thousands upon thousands of bitcoin are completely off the market, unable to be accessed. In the graph above, 16,485 bitcoin are off the market for some time, with the current exchange rate being $3,900 at time of writing, this is $64,000,000 that is unavailable to purchase. With demand staying the same, or even rising, this means people have less bitcoin to buy and will have to raise the price they are willing to buy. With so many blockchain businesses using bitcoin, you see this throughout the weekdays, and less on the weekends.

This is just one insight that can give foresight into whether bitcoin is in a bubble, or not. The reality is a lot more nuanced than that.

Learning the stance of bitcoin right now actually lessen the need for people to treat it like a bubble. The upcoming steadiness of bitcoin, as well as recognition, made that possible.

I agree with an expert from Yale, bitcoin in the beginning had no value, but to date, many people have invested heavily in investment and wealth. And I understand most people who are afraid of falling bitcoins, honestly, I'm afraid of it myself, but while trading makes a profit, it needs to be dealt with.

That's the question for those speculating on bitcoin. The only definite thing one should always keep in mind is we should always be attentive. We should be ready to sell when yet it's not too late. However, now bitcoin is a great opportunity! Enjoy!

Actually we humans can't predict future sadly so i have no idea about it. but according to current market and bitcoin price it can't be just a bubble.

Apart from that, people has been calling bitcoin a bubble for far too long since 2013 without burst. So, when will the bubble burst? That is the question what we should be asking these guys who are calling bitcoin a bubble. I don't know why some people don't have a sense of reasoning. Everyone who study bitcoin knows it is not a bubble, so why other people call it with different names perhaps, they would live to regret their actions someday. :)

I think they have a different perception than the other people and they give a statement that says bitcoin is a bubble. but we cannot say that person is wrong because every people can give they're arguing about bitcoin and we don't have to agree or not if it is not matched with our perception. even if bitcoin is really a bubble, we cannot do anything and we only follow the price and try to make a profit because I think this is the most reason for every trader which buying and selling cryptocurrency.

I used to think Bitcoin was a bubble, but I no longer hold this view.  If nothing else, put all the more complicated factors aside and think of Bitcoin as competing for some of the asset space held by gold and also to some extent art.  Gold, too, in its hedging functions is a “bubble,” though not a bubble.  It is hard to ship, but has some extra value because it is perceived as a focal asset and one that does not covary positively in a simple way with the market portfolio.  The same is true of Bitcoin, yet that kind of focality-based “bubbliness” can persist for centuries.  Note by the way that gold has become less of a hedge, partly because inflation has been low and partly because China and India dominate the gold market more than a few decades ago.  So new and better hedges are needed.  And what a backstory Bitcoin has, making it a strong competitor in this regard.

I am not saying that is the Bitcoin story, it is simply a Bitcoin story, a minimalist account that can appeal to skeptics.  And you can buy this story and still think the current price is either too high or too low.

Bitcoins value is unstable. No one can really predict of what will happen to its value. Even though some experts say that bitcoin is a bubble, they don't exactly understand the encrypted currencies. They just saying their comment or opinions on bitcoin bubbles. Understand first what is Cryptocurrencies before believing on them.

Yes bitcoin is strong bubble not bubble only you will see it sometimes in dips but it will pumo again so dont worry if bitcoin goes down i will make sure and i can say that bitcoin will increase more than what you want.

You do see it already comes up again.

Bitcoin isnt a bubble everything which raise is nt bubble bitcoin is real in value and rare commodity present in the market

Soap bubble - must be controlled by someone! but bitcoin is not controlled, there is only negative news from the government! And only this news affects him negatively. I'm sure that the bitcoin is the future and we are all at this forum the first people who were able to observe the development of a new era of mankind with the help of blockchain technologies!

The internet is full of people referring to bitcoin as a "bubble". They are the reason for the spread of fear, uncertainty and doubt. They think that a high price will cause a fall, but their criticism goes beyond mere skepticism. Looks like they hate cryptocurrencies. However, many of these experts do not fully understand bitcoin ... or even economics.

For anyone who does not know what a bubble is, the investment refers to it as an asset resulting from unjustified but outstanding market behavior. It is simply a price increase that led to a lie or "false truth" in relation to the real value of an asset, and thus implies a huge income.

Bitcoin itself is not a bubble. This is an ordinary digital coin, which was the first among the crypto currency, and because of this it became extremely popular. This popularity made bitcoin a financial bubble. Any kind of crypto currency can become a bubble if it has the same rush demand as it was for bitcoins. Now, if, due to the drop in popularity on bitcoin, he does not use the same level of demand, he will again turn from a bubble into a normal good crypto currency. So bitcoin made the bubbles themselves investors an unreasonable desire to enrich themselves by increasing its rate.

Bitcoin is not a bubble. This is new technology with so much potential, some experts compare it with the development of cell phone technology or with the internet. Even the US authorities see the possibilities of cryptocurrencies and many governments are already implementing blockchain. The huge demand of bitcoin is creating the price rise and because of this incredible high price, some opponents call it a bubble.

I strongly believe that Bitcoin will have a great future. Going back to how our money evolved. People started with barter or exchanging of products to another products. Then there came gold. We can buy if we have gold. Then, a solid currency / fiat was made for proper valuation. And now, we have credit cards in which with just one swipe, we can pay what we wanna buy. Then there goes the cryptocurrency world. Bitcoin was introduced and now being adapted by many. Everything just evolved and I believe this is going to dominate in the future.

Bitcoin and in general the crypt market is not like the stock market, once you start buying crypto currency you never stop, you have not to stop if you want to decrease you cost because the only way to decrease your purchase cost is to buy more or sell from top and buy from bottom that I have never able to do this, market is too fast and I never catched it.

same thought with you, bitcoin is not a bubbe, it is still very young currency, it is normal to see the correction from bitcoin nowadays, i believe there will be more price corrections in the future in order to make bitcoin back to its real value and become more stable to be the most value crypto currency on the market.

If you compare Rodrigues graph with the previous crashes.Then bitcoins looks like a bubble.
So it does make bitcoin a bubble, but it always bounces back.And it bounces back to even greater heights.Even stocks can be considered as a bubble.

You can consider bitcoin as a bubble with S curve adaption which is moving up.the market is volatile, sometimes it goes too much up.Then correction occurs followed by a bulls trap.All of these are features of a bubbles.But it inflates again, and everytime a new bubble is created!
How about we call the graph as bubblechain:Chain of bubbles XD

I'm not too worried about the bubble issue, it's a kind of fear that will make us lose and not invest.
I am a trader if my mind always remember it then I may aka feel panicked and will lose my money.
stay calm and enjoy the price, up and down it's normal.

     Bitcoin is the fastest growing asset in the world if we have a closer look at Bitcoin we find that bitcoin is constant
It is hard to understand that Bitcoin a bubble that is about to burst.Even though those who have not  invested in Bitcoin have a close look about what is going to happen to Bitcoin next since the growth of Bitcoin was like a skyrocket at the previous year.Bitcoin is a digital cryptocurrency  that can be used all over the globe without a third party influence.

Nobody can predict the BTC's future.. So it can be or now. In this situation then bubble is a joke and it won't happen because of a lot of peoples were invest their money for BTC specially the BTC whales. So it won't happen due to that.

I dont think bitcoin is 100% bilubble.
Yes its true bitcoin become the hot topic because the popularity of bitcoin increase.
Although biitcoin is dropping but because of this many people notice bitcoin. I dont say its good but at least more people notice bitcoin is exist.

Regarding the bubble, if you see the bubble burst, it will never recover again to boom. But bitcoin, when its correction very deep like now, it has big chance to recover back to its normal price.

Someone said that the people join the party at the last time will loss the money. And i dont agree with that. Why? Because when you having loss, you need patient to wait the best time to buy at deep, so after price recover, they will finally ending with profit.
So profit or loss depending on our decision. Not because first or last.
I dont think all people agree with me but i think that is mine

In terms of its contribution to financial technology, bitcoin is much more than the simple speculative mechanism in which investors have converted it, avid for easy and quick profits. Therefore I believe that the manipulation of price (bubble) that has been seen in recent dates is not the fault of the bitcoin or the blockchain technology itself, but of an open capitalist market always willing to profit even from the noblest ideas such as bitcoin, not caring too much to destroy it on the road, as capitalism usually does.

Bitcoin is not a bubble. This is new technology with great potential, like as Internet or wireless technologies.

As long as investors will not going to pullout because of panic due to plunging value it will not burst to zero. They may say its a bubble, maybe it is, because the value drops but believe me it will not go to zero.. Let just continue believing and invite others to join in that way we can save the crypto world.

Bitcoin is the hot issue overpass in our society now. There are many people who join bitcoins because for them it is a standard cryptocurrencies in the worl. In connection to this, Bitcoin is not a bubble. Bitcoin is real.

Bitcoin value is a bubble but the tech that powers it is not. Govts are beginning to see this and they want to be the ones in control.
Bitcoin is the opposite of government's fiat and gives us monetary freedom. We will be seeing more regulation and these will dampen some demand for BTC. Blockchain tech though will still power through. ICOs are the future.

The future is a question mark no one can guess it. You can see from the 2011 when the bitcoin price is only 1USD now how it? Bitcoin can be said as a bubble can break at any time

bitcoin is actually one of the lucrative projects. I have been earning them for about two years now

Nope Bitcoin is not  a bubble, Community wants bitcoin coz the technology behind bitcoin is powerful which is blockchain and we could see a 2nd phase of adoption.

Most people who considered Bitcoin as a bubble don't even know why so many people want to use it. All they know is some generic information which is mostly made up. Cryptocurrencies now a huge speculation but they are also a future. It might be possible that we will be paying with them in the next 5 years. Some people say that Bitcoin may reach 1 million dollars. It is possible but it's a long path, we will have to make Bitcoin better in order to reach that price.

I'm tired of bitcoin balloon chats now. Could it be such an accepted balloon? First of all, the whole world learned blockchain technology thanks to bitcoin. Although there is a big improvement about central money transfer, it is not only that you do not know it will not be this area.

No one can predict what will happen in the future. But if Bitcoin is a bubble it must have been pop up years ago. It already surpassed many challenges and still exists. I agree that if we want Bitcoin to be better to reach the value we want we need to support Bitcoin.

My sentiments exactly, those that claim that it is a bubble don't know what they are talking about. Most people thought Bitcoin is going to die when it got to $5k about two weeks ago amid the Chinese banning it but it recovered amazingly well.

A peer to peer digital cash can't be in a bubble, unless it's just a small temporary hype and correction. That's not even what a bubble is. This isn't some bs stock of some bs over hyped company, this is a way to change the way wealth is distributed and a way to change the way we think about money in general. This just isn't something that can be compared with the 2000's .com bubble or a freaking tulip bubble. All of those had businesses and infinite supplies. This is majorly different in every aspect.

As far as the current bitcoin transaction itself is concerned, it is a standard zero-sum game in which the profits of its predecessors come from the premium paid by future generations.

Bitcoin may not be a widely circulated currency, but it is not a tulip bubble.

Bitcoin will break the capital controls of any government and use technology to ensure that private property is inviolable in human history.

More people will embrace bitcoin in the future.

In spite of the fact that Bitcoin looks like perfect investment until now and you may be in a rush to put your cash into it, hang on and please read the following section first. Knowing there is no Bitcoin bubble doesn't mean there are no different dangers and obviously cost dependably , pretty much, changes.

This is the question that bothers all the investors and users, is it really a bubble ? i don't think so, as we it now it has a high value because of volatility rate which brought to top with people's demand. If bitcoin is really a bubble it should have pop out or burst when it reached a $20000 in price where it didn't happen instead it just slowly deflating obviously the people pulled out their some to get a profit.

No i think bitcoin is not a bubble. what is bubble ? bubble is the thing that gonna burst in close time.
bitcoin is not a bubble because bitcoin not even burst for a long time. so, bitcoin is real deal.

Bitcoin is not a bubble. Bitcoin is the currency of the virtual world. Bitcoin is not controlled by a single entity. such as the internet that has never been centrally controlled, and that's fine. And of course we are fine with the internet.

it is hard to find someone from a new generation. called bitcoin as a bubble. I still believe, bitcoin will continue to increase. It's just that I have hope in January will happen Dump. a
forthwith that the price will continue to rise to $ 15K. DYOR

Bitcoin is like a bubble  because it doesn't have a permanent price and changes anytime evwrytime

Bitcoin is not provided with anything and does not actually have its intrinsic value. People buy bitcoin only in the hope that it will bring them in the future a significant profit from their growth in price. This is purely speculative interest. Since the price of bitcoin consists almost entirely of the supply-demand ratio, investing in bitcoin leads to an increase in demand, and this raises its price. With the increase in price, interest in bitcoins from people increases, they invest again in a larger amount, the price increases even more. In fact, this is the inflation of bitcoin as a financial bubble.

In my opinion, there will be no official crypto currency, it will be difficult to do

This is a questionable answer. I personally suspect that the Bitcoin will prevail and continue to hold its current position on the contrary to its disadvantages. There are already some other altcoins which have been proven to be better and use better technologies.
Bitcoin has made some standards and investors are investing and supporting in it because of not so big changes.
Bitcoin has reached high price last year and most percent of the people believes that it will reach this value and even bigger price.
We all know the growth capabilities of the Bitcoin and as it is considered as the payment system which is attractive and also the payment system which is supported by lots of the people the bubble; if it will happen; won't happen anytime soon.
Official cryptocurrency is questionable also because Bitcoin has already Bitcoin ATMs which are leading to unofficial- official crypto. Every educated person and even the less educated people had heard about the Bitcoin and that is already giving a big impact and push up, as to the Bitcoin, also that way to the crypto market. Bubble, if it happens, won't happen in this century!

the value of bitcoin prices is influenced by the number of requests, due to limited supply. this is why bitcoin is always increasing every time ..
you should try to find your answer by reading about the origin of bitcoin, how bitcoin is created and the technology contained therein. In conclusion, bitcoin is not a bubble

so many things are priced its value due to popularity not according to its utilisation, like dimond. Actually diamond is a stone and have no use in daily life in the similarly bitcoin have great popularity so its price go up with time.

Bitcoins behave as such but I'm not really afraid of bitcoins popping like a giant balloon on us. But I'm guessing that bitcoins will eventually have to face these kinds of challenges in the future. Not all cryptocurrencies are fool-proof. Eventually, they all face the very same challenge.

Of course not, bitcoin is not a bubble as many economists have said.
Bitcoin is special and unique, bitcoin is not a company that can lose profitability and fail. bitcoin is certainly not a speculative real estate scam that could collapse due to government and bank fraud. Bitcoin is something else.

bitcoin is like a bubble. Bitcoin can explode at any time. The bitcoin market is always vibrant. bitcoin value always decreases rapidly.

and if bitcoin is really a bubble, then why we still exist in bitcoin world? I guess we need to think about how many benefits that we can get from bitcoin and admitted that the price always changes in every time. no matter bitcoin is a bubble or not, if we could still make a profit from bitcoin then we can continue our work and if we are afraid then we can give up and get out from bitcoin world.

Nope, Bitcoin isn't a bubble at all because it has the real valuation for people all over the world and it was adopted by a few big goverments like Japan or US.

this is just a statement of people who can not wait for BTC to return to normal. bitcoin has reached its highest price last year and most of us believe that it will happen again this year. the value of bitcoin prices is influenced by the amount of demand, because of the limited supply. this is why bitcoin is always increasing all the time. so in conclusion bitcoin is not a bubble but a granary of income.

bitcoin is actually one of the lucrative projects. I have been earning them for about two years now

Indeed it is not the bubble because it has its own high and very good recognition now almost everyone knows bitcoin they are aware of the high abilities of bitcoin, it increased the power of the common person, no government can ever control bitcoin it has the freedom to grow and it provide the money risk free, bitcoin is the digital currency and it is the need to e day to have some digital currency because coming age will be a digital age and it will be important to have digital currency, it is not the bubble but it is the future making currency.