Bitcoin Forum

I think Bitcoin is a bubble which is about to burst, its prices are also going higher day by day.

Please, read more carefully forum. There is already a similar topic with a lot of answers. https://bitcointalk.org/index.php?topic=2847977.0

it all depends on the supply and demand, at the moment there are many projects that have new ideas, so the bitcoyne will not explode yet. even Petro has already been adopted at the state level, so I think that the explosion will not go bad

Higher and higher, since 2010.


If bitcoin is indeed a bubble, then it's an unlikely one, seeing that it had burst numerous times yet still pursuing higher highs every time it inflates again. Assuming that this was a bubble, shouldn't it be dead when it popped on 2014? But no, the bubble only took a break and was inflated again by people who strongly believe about bitcoin's potential to change the norms of the financial sector and hopefully convert the world into a cashless society. It could be a bubble, it could be not. 9 years is a small span of time to conclude bitcoin's ultimate nature, but the current events suggest that the world is slowly accepting it day by day so there is a high possibility that bitcoin is here to stay no matter how many times the so-called bubble pops.

Oh, thank you for warning us.
You were afraid that the people on this forum where unaware of this threat and you decided to make an account and post  this?
Again, thank you for taking the time and doing this extremely detailed and conclusive analysis.
Now after hours of reading your arguments, I really believe that we're experiencing a bubble, and it's all due to your insight.

Bitcoin has been in a bubble since its inception. LOL. And I think that this argument can go on and on as long as bitcoin price is going up. So I suggest you checked out this link:

https://bitcointalk.org/index.php?topic=2847977.0

https://bitcointalk.org/index.php?topic=2274758.0

https://bitcointalk.org/index.php?topic=2210186.0

https://bitcointalk.org/index.php?topic=2593767.0

And I'm sure that you will find a lot of good argument in those thread and decide for yourself it bitcoin is a bubble or not.

Don't think about the USD price of bitcoin. Bitcoin has a satoshi value and it's very different from any other currency we are using. Bitcoin is like a one valuable currency and it can compare to a gold+fiat money. Don't ever think that bitcoin is a bubble, try to do some research.

I agree with you and thanks for sharing anyway. This chart seems legit and I wonder why People doesn't know what's going around why bitcoin keeps increasing. The world is changing into a digital or technology, Bitcoin is not a bubble.

The truth is that bitcoin can go both ways any moment. It is not in a bubble and it is not destined to burst, however a scenario that it goes down to as close to 0 as it doesn't matter is possible. As well as an opposite scenario, that it goes up and up and eventually hits 100k or 1m - it is possible too. And everything in between.

This is one of the loudest, if not the most-talked about bitcoin as a bubble. On September 12, Dimon stated at the Barclays bank conference that "bitcoin is worse than tulip flowers", i.e. a bubble in Europe on tulip seeds in the 17th century.

The bank's CEO explicitly stated that bitcoin is "cheating is not a real thing." "It will eventually be closed," said Dimon. He emphasized that he would release any trader who would engage in cryptocurrencies.

After his speech bitcoin drank by 2 percent, but as it turned out, at the moment when Dimon spoke critical words at bitcoin, his bank in San Francisco was ... meeting with experts from cryptocurrency who talked about them to managers and JPMorgan customers.

However, I do not agree with that ...

Actually the tulip mania comparison was around in 2014 and 2015 too... It was all over in media then and the same is happening now. Those people should think of something fresh, because they sound like a broken record already.

One must always remember that anybody who publicly declares this or that stance with bitcoin has his own interests and their words should be seen in the perspective of achieving that person's goals.  

Most of people who are saying Bitcoin is a bubble are haters of Bitcoin. 100% of trusted people are all bankers and they're trying to protect their bank system from Bitcoin even Bitcoin didn't harm anything to them.
Bitcoin isn't a bubble because it's more likely stocks, unless you're saying stocks are bubbles.

It's going higher though there is a lot of people not keeping the coins so they can try to play with gambles and other meaningless things.
Bitcoin should go up higher.

Fuck off from here then.
This is just not the right place for you. Nor do you provide any information.

Many people cannot understand why the price of bitcoin has increased to almost 20K, so they call it a bubble. Bitcoin has dropped to less than 6K a few weeks ago, that would be a burst of the bubble. But now that the price is increasing again, the bubble has not burst at all.

I like your post one another thread about how it is in the bitcoin world and with those who are saying what the OP is saying about it now:

Bubble of Bitcoins is the definition of Nobrain-ers.

It's not the first time some one is talking about the bitcoin bubble. Many people had expected bitcoin price to fall very much. None of them was right. Bitcoin price is rising in long term and there are some corrections in short-time. There is no bubble.

The bitcoin is not a bubble. As usual, the ups and downs will be out. There is an increase in the time we look at the main chart.

I do not agree with your point. The rise of bitcoin at the moment is only temporary. bitcoin is still bubble. The crypto market only stops for a short time and we can not conclude that.
The cost of bitcoins is really hard to predict and they depend on whales. We just wait for news from the investments to judge the market.

It is always a bitcoin bubbles at any time the price can soar to the moon and in a fast time, but in the fast rising bitcoin we also need to watch out for bitcoin can also experience a very rapid price slide too, we better take the opportunity both

Time will come If USD will fall Bitcoin will rise from infancy stages. I always look at the Satoshi of Bitcoin Value. Remember this the main stream media are going to adopt what we have now. They won't stop it but stead they will embrace it for good.

It's true when bitcoin rises to its peak and that includes very good bubbles and we also have to be wary when the bubble goes down and keeps us trapped and has to endure until the price rises again, alert with bubbles.

After 6 years it is still a question until that happens we can only think it is, so far Bitcoin is performing well, there were a lot of crash and I think many more coming but if it is really is a bitcoin, then we are still here talking and trading Bitcoin, don't you think we should move forward and embrace the blockchain technology.

Consider a plausible alternative.

Bitcoin isn't the bubble.

Bitcoin is the pin.

I do not agree with you, I think bitcoin is not a bubble nor is it a ponzi scheme. do you think that bitcoin bubble will rise and when it breaks, will drop quickly and die?

so, i see bitcoin is currency not bubble or ponzi.

Actually, bubbles are not something to be afraid of. All things related to investment will surely inflate. It's just that, in bitcoin, the bubbling process takes place fast enough that many say it will burst soon.

I agree with you that bitcoin is a bubble that can go up anytime and the price can go down anytime, and it could be all the chance to make a profit when the price goes up and the price goes down.

Okay then fuck off because you're going to the wrong forum and mess with the wrong person :)

hmm, I understand what you are trying to say!

What do you mean by pin?

but so many countries are banning bitcoin.

But its getting banned in some countries will it effect it?

but many other icos are getting launched, I was thinking there will be a tough competition in the future.

Bitcoin is unpredictable.

its not bubble but its future of blokchain technology.
bitcoin will increse more and more but its not bubble

Go spout your nonsense somewhere else. You have word ICO in your forum name. So Bitcoin is a bubble and ICOs arent?
I have one response for everyone who thinks that Bitcoin is a bubble - just stay away, don't invest.
So far I only met people who never bought bitcoin or have very little idea of what BTC really is - only these types of people are calling bitcoin a bubble.

May be it`s a true but it will happen after 4-5 years when it will be 100 000 - 1 000 000! Now we are just in the begining of its rise!

Speculation about bubble does continue. Actually, all assets have a chance to become a bubble, and when it reaches its saturation point, the bubble will burst. It's just that the bitcoin of bubbling happens quite quickly and conspicuously. Especially when the price exceeds $ 20000. Bitcoin bubbles look so great. Well, even though the bubble is burst, but that does not mean bitcoin to be worthless, just a drastic price drop.

By looking how the price of bitcoin has changed for the last 2 years, I can agree that "Bitcoin is a bubble which is about to burst". But the quastion is: when it is going to happen?

Why are you here then? You came to a crypto forum to complain about cryptocurrencies? What's next? You'll tell us to stop wasting our time and focus on other things, like kissing our government's butt and working for free, or maybe you have an investment opportunity that you'd like to tell us about?


Haha, I love it!  ;D

What do you guys think of ICOs?

I think you quite not right. what is a bubble ? bubble is something that burst not with the long time.
if bitcoin was a bubble, it would burst already. but now, bitcoin is not even burst, just there are some corrections.

But as bitcoin hits the stratosphere, there are fears an economic bubble is forming as it becomes treated less like a currency and more like a store of value, open for speculators making ever increasing bets on how far it can rise. Central bankers, who had to step in when the subprime mortgage bubble burst, ...

What are the reasons behind thinking this ? I do not agree with you, bitcoin will survive forever. Prices may remain volatile because of differences in supply and demand.

bitcoin is a gas that can increase in volume when we hold it .... and will fly if it has been collected .... and also can grow to rise at the peak

the problem with people these days is that they think there should be a big red sign telling them that this is the bubble and this is the bubble burst where price fell to zero so that they can be satisfied with themselves. a 60-70% drop which bitcoin had runs right by them because that big red sign was not there telling them it is the bubble burst + panic dump.

these people will continue crying their whole lives about the opportunities they missed and will blame others for their idiocy.

A bubble is when the price of an asset does not depend on its "main factors" - investors value the asset to determine its value. It can be money that is transformed from stocks into perspective

Quite often the price fluctuation is termed to be a bubble. This is all because of the growth of bitcoin taking place even after hard downfall in an unpredicted time period. Some make use of the same as an opportunity, while some early investors get into panic and tend to sell their holdings.