Bitcoin Forum

many people say that bitcoin bubble, honestly I still do not understand what is meant by the term bubble earlier?

until now I am still curious

it's the way people speculate that make it like a bubble, otherwise cryptocurrency in itself is not a ponzi they have real utilities for some

Bubble is an incident where the price or value of an investment becomes unnaturally high, and bubble is far more often spoken about by analysts, when they are monitoring the movement of prices in the stock market nor crypto market.

There's growth, there's new technology and there's some animal spirits.

Bubble is the rapid increase and dicrease of bitcoin price, bubble is normally a specified action used on bitcoin business, it is only used by the bitcoin authorities for the balancing system of different transactions on bitcoin. So, as a bitcoiner, we must learn the normal movement of bitcoin price to avoid losses of our capital being invested, we must look forward on what price of bitcoin running up and down to avoid losses of our capital invested.

Crazy Bubble nor Bubble is a market phenomenon, when the price has fluctuated wildly toward an abnormal rise, and resulting in some speculation or assumption among market analysts by calling it Crazy Bubble or Bubble and some even call it "Christmas Tree" LOL.

A bubble is when the price of a commodity, stock, etc., skyrockets due to speculation. Bubble is usually used when the said item is believed to have been overvalued. Many point out to the Tulipomania when talking about bitcoins because of the price increase though after further reading you'll find it wasn't that bad. https://www.smithsonianmag.com/history/there-never-was-real-tulip-fever-180964915/

A more recent example would be the Dotcom Craze, where investors would put money into any company with a ".com" to it. Everyone tried to get into the internet with companies putting out their sites and web-based services and people staking out domain names in hopes of selling them later.

No, why are you still asking this? It has already been replied 10's of times in here.

Just stop spreading that shit, it is not a bubble, and it will never be, and with "bubble" they mean that the price is only going up without any reason and that it will go down harder soon.

Nobel laureate Robert Shiller is fairly confident bitcoin will collapse, but he’s not quite sure when that collapse will occur.

Shiller, a Yale University professor who won the Nobel Prize for Economics in 2013, told CNBC that bitcoin will likely “totally collapse and be forgotten,” although it could linger for as long as 100 years.

“It reminds me of the Tulip mania in Holland in the 1640s, and so the question is did that collapse? We still pay for tulips even now and sometimes they get expensive. (Bitcoin) might totally collapse and be forgotten and I think that’s a good likely outcome but it could linger on for a good long time, it could be here in 100 years,” Shiller said.

Citing a well-worn comparison to the so-called “tulip bubble,” Shiller said that bitcoin has no value outside of the “common consensus that it has value,” which makes it different from gold and other commodities.

“It has no value at all unless there is some common consensus that it has value. Other things like gold would at least have some value if people didn’t see it as an investment,” he said, adding that he “doesn’t know what to make of bitcoin ultimately.”

This is not the first time that Shiller has given bitcoin a bearish forecast. In 2014, he called bitcoin an “amazing example of a bubble,” adding that currency-wise it is a return “to the dark ages.” Last month, he opined that bitcoin’s mythology would be a “wonderful story — if only it were true” and predicted that although it may not immediately crash to zero, it will definitely “come down” considerably.

Nor is Shiller the first Nobel winner to throw cold water on the lunar aspirations of bitcoin investors. Joseph Stiglitz, who won the award in 2001, has argued that cryptocurrency “ought to be outlawed” because — in his view — it “doesn’t serve any socially useful function.”

https://www.ccn.com/bitcoin-will-totally-collapse-even-takes-100-years-nobel-prize-winner/

So yes it is a bubble but it will be quite some time before it will burst...

Well, if you agree with their analysis. Being Nobel laureates doesn't t make them infallible. Even just the fact they claim it serves no socially useful purpose or that they do not offer anything of value can be seen as an example of the superficiality of their opinions on the matter.

There is a certain bubble no doubt, inflated prices in many alts, projects that make no sense, many people that buy not knowing anything just because someone told them....

A "bubble" implies something is extremely overvalued in contrast to what fundamental metrics and statistics suggest it is worth.

The US real estate bubble occurred due to real estate being substantially overpriced in comparison to buying demand. There weren't enough buyers in the real estate market to maintain prices and so the massive price correction which occurred, and the lost of confidence in the market which followed it resulted in subprime mortgage derivatives taking a massive hit off their leveraged position.

I think bitcoin might be a bubble if its userbase weren't growing at a substantial rate. unlike the US real estate bubble (and other bubbles) bitcoin's fundamental metrics and stats look strong. The recent price decline could be described as representing normal bitcoin movement with the decline at the start of the new year.

The addition of crypto futures and paradigm shift towards a more speculative market could also be responsible.

He compares Bitcoin to the Tulip mania in Holland...

The only problem with this analogy is that there never was a real Tulip mania:
https://www.smithsonianmag.com/history/there-never-was-real-tulip-fever-180964915/

Shiller is wrong about Bitcoin and wrong about the Tulip mania as well.
He is a clear example of a guy, who is really good at one thing, but is also
talking about stuff that he is completely clueless about.
I concede that this level of dedication to one field is probably necessary if you want
to be awarded a Nobel prize one day (though, the prize for economics
is not a real Nobel prize).

what would happen when a bubble burst?. they compare bitcoin to bubble cause it is not stable and anytime it would burst like the bubble burst tragedy in the past. like the historic dot-com bubble when it burst/collapse many companies shutdown but few survive like e-bay.
bitcoin is strong and will survive  :)

I did the searching for you https://www.investopedia.com/terms/b/bubble.asp

Not that many, only those people who does have their personal interest to buy bitcoin at the deepest price. And those people are the investors and calling themselves financial experts that wants to buy bitcoin so it's their gimmick when they say it.

It's a metaphor that bitcoin is like a bubble as its market cap and price is growing so big like a bubble that no one knows when it will going to burst/crash that causes its market cap and price to plunge down so deep.

If we try to analyse it from the math perspective. There are around 50-70 thrillions USD. And most people investing aroung ~2% in risky assets. 2% from 50-75 thrillions is around 1-1.5 thrillion. It's pretty rough but it's better than nothing.  ;)

In my own understanding about bitcoin as bubble, it could be something like a rapid increase with respect to its price market value and vise versa. What we are seeing now is that the price has not yet stabilize further maybe that is how it works. But the good side is that there is much greater opportunity with bitcoin.

It is not a bubble, and it will never be. There are a lot of threads in this forum regarding to the same question, and they all say exactly the same. It is not a bubble, and you need to understand that.

If you think that we are in a bubble. just sell all your bitcoins, no one cares about you.

Think of it realistically if you're having trouble grasping the concept of a bubble. When you blow a bubble, you're inflating it. If you inflate it too much it might pop, but while you're inflating it, it gets bigger and bigger. Similarly, Bitcoin can be considered a bubble. People blow into it by putting their money into it and investing even though they have no true security on their money. More and more people put money until at one point, someone with a lot of money in the bubble pulls out and the price drops down and the effect snowballs.

To call Bitcoin a bubble makes sense on some terms, but I think we saw a pretty big pop over the last week.

To some extent, they are right, unless bitcoin was not inflated by speculation different. And now we see the opposite side, in which everything is not so cloudless and many participants have already lost their money. So here's the lottery.

It means that the price/value of the asset is farly higher then it should have been, which means that the asset is overvalued.

It usually happens when a big hype happens on something and everybody runs to buy the asset, even though it doesn't really worth what people are willing to pay for it.
The big risk with bubbles that you may find yourself losing large percent of your investment once the bubble explodes.

Maybe the unwelcome attention that some governments pay to it shows that Bitcoin is the real thing, not a bubble.

I think many people lost their money because they buy bitcoin in high price, no one will know that the price of bitcoin will going down now, the best thing to do is keep hold. Don't sell your bitcoin if you don't get profit .

This question has been already answered multiple times, many such questions are already answered by the community members. You should have done proper search to get the answer before creating new thread. There was no bubble at all, people are not fools to invest their hard earned money in any imagined asset.

For those who believe Bitcoin is an economic bubble, the main argument is a fall in prices. It should be understood that at some point the BTC price skyrocketed as the huge number of new users compares with the total number of those already involved at that time. Generally, price is a major indicator of the importance of cryptocurrency.

Bubble in currency/capital market means sudden rise or sudden fall in price. How bitcoin is a bubble? Bitcoin`s price is rising continuously since last two or more years. It has increased its pace in the month of December last year but that was not new to bitcoin currency. Increase ans correction in price are the basic needs of any currency. After reaching $19000 price tag, profit booking started, which was expected by its investors. Many bitcoin opponents predicted bitcoin will crash and will vanish from market. Nothing like that happened, bitcoin price slipped upto $10000 mark and settled there. Now  once the correction mood is over it will start raising again.

20 k price was bubble. You see for how long time price is around 10 k . But is BTC in it's core bubble, or does it have real usage ? We will see.

"Bubble" means a mania or hype which eventually burst anytime more like a fraud. Just like a ponzi scheme that anytime could collapse.

When they say "bubble", they are referring to bitcoin as something that won't last long. It may be good and fly for a short time, but eventually, it would pop or burst, which equivalent to it losing value. I think many are claiming or believing that due to the aspect that cryptocurrencies are so volatile; it may go up and down at any time, and thus the value of many coins may change without notice or warning, which could be affected of a thousand or a million reasons governing the market. I think since it has been present for a decade, it should be considered as a bubble anymore because so many things have already happened to it, and evidently, it still survives.

Bubbles happen when something is overvalued and the current growth isn't sustainable. Rather than utility, speculators invest into an asset only taking the price into consideration and when an asset's growth is primarily-driven by speculation it is in a speculative bubble. We have already seen that at certain intervals Bitcoin behaves like a bubble, when speculators artificially inflate the price, there obviously comes a period of correction/decline to normalize/stabilize. Less than 1% of the world population uses Bitcoin, still in the price discovery process, volatility, speculation, but until Bitcoin's growth is primarily driven by its utility, there would be times where the valuation wouldn't be sustainable and people coming with analogies like tulip mania, bubble theory, no intrinsic value, just numbers.

Bubble can be means when it has been overvalued, it will be burst and value back to basic. But, by datas of 21M total bitcoin, there are about 80% has been mined and still 3-4M left. I think it's still enough for miner to gain profit from it as the price still enough to increasing. But in fact, since many country are banning and limiting activity of both Bitcoin exchanges and miner, they are starting to regulated with charging high tax from electricity and transaction gained belong. These could be one of reason many miners are leaving it. Holding all your coins asset are good advise for now, because many people should be waiting for safe signal for buying more coins.

Bubbles have the nature to popp when they get too big.
Bitcoin did not popp, at the moment it has a bearish/decreasing phase. And that is something very normal in economy.
To me even the fact that the bitcoin price decreases, or at least how it decreases shows that bitcoin has has become a part of the worldwide approved economy.

Bitcoin to be called a bubble is if the value drops to zero or close to zero which did not happen. Bitcoin is in a development in progress to achieve its full potential to become the future of the world's financial system and it is just starting to gain its momentum. The recent price drop we experienced is just bitcoin showing its true value shedding off those who have weak hands in the market.

many arguments and debate about that question.
when bitcoin started to pump up.
and many people say that it is a bubble .
for me i might say there is a scheme
where 1 person can control the price because he/she hold  a huge amount of btc.
in order to control the dump .
and i think the bubble thing will not happen.
but the dump will still happen because that is the characteristic of any cryptocurrency.

I think It has a possiblity that this will happen bitcoin bubble because if the bitcoin will down into zero we have nothing to hold on like for example the bank close we has still insurance with it and can withdraw a certain amount. But all I can say it is too far that bitcoin will loose its value.

Here is some references from google and wikipedia, and i do think searching from there is more easy than asking in the forums.
bub·ble
ˈbəb(ə)l/Submit
2.
used to refer to a good or fortunate situation that is isolated from reality or unlikely to last.
"we both lived in a bubble, the kind provided by occupying a privileged pied-à-terre in Greenwich Village"

https://en.wikipedia.org/wiki/Economic_bubble
An economic bubble or asset bubble (sometimes also referred to as a speculative bubble, a market bubble, a price bubble, a financial bubble, a speculative mania, or a balloon) is trade in an asset at a price or price range that strongly exceeds the asset's intrinsic value.

So basically a bubble is where an assets was traded in a price of range which many economist think that it is overvalued and will burst one day causing collapes to the economic system, there are lots of economics bubble sample as you will see in the wikipedia list such as tulips bubble, housing bubble and stocks bubble and recently bitcoin also added as a bubble mostly because of the volatility  ;D ;D

Bitcoin is a bubble of people entering into it. When there will be people more than the capacity of bubble, it will burst. And in the other case if its dip is for long time even then it is going to flop.

It really looks like a bubble! It grows up now. But once all of it ends

I hope that one more bubble will appear this year like the last year highest value of the Bitcoin. The term "Christmas Tree" was unknown to me and it made me laugh. I ventured off the main thread - Bubble is happening commonly a couple times in a year. The crypto bubble is widely known today because high volatility and performance we had seen in 2017. The riskiest bubble is not the Bitcoin itself or the other cryptos but the property market that is making new standards as we speak.

The bubble ekonomi ( economic bubble ), gelembung speculative, atau gelembung keuangan adalah “trade in the volume of with the price is very different dengan nilai intrinsiknya”. [ 1 ] [ 2 ] ( in other words: memperdagangkan products or assets with a price of higher than the value of fundamentalnya. )

I don't think that bitcoin would go to failure, because Bitcoin will be with us in the next next generation ,maybe the price for now are not good but I'm sure bitcoin will recover it's price and will continue increase again.

It is possible that Bitcoin is a bubble -- One sign of a bubble is the absence of rational reasoning motivating buyers; they buy because the asset is going up.
Some say it will ultimately reach 100K before heading towards a major crash. And then its likely to rise again to yet an even higher amount than it was before.

Bubbles have the potential to boost either new technologies or the Internet in the 1990s or by new innovative finance (such as financial engineering to make the 2008 financial crisis). Of course, Bitcoin is both a new technology and a major financial change.

Bubbles quickly enlarged then broke. it might be a simple sentence.
I feel the same fear with those beginners. Interest in Bitcoin must pass this stage. we are tested with confidence.
I am constantly looking for reasons to continue to believe in Bitcoin as the currency of the future.

In my own point of view, they said that bitcoin is a bubble thing because it will instantly pop up. We never say that tonight it will vanish or it will stay forever.  We don't know how it will end. Simultaneously, bitcoin's price also the reason why it is so called bubble. The speculations when it rapidly goes down boost to have fear in bitcoin. From now, bubble thing address in bitcoin.

Bitcoin is something that flap, with sudden up and down of price in the market. But the term bubble is i dont think it refers to bitcoin, because I see bubble that after a rapid increase it will just burst like its value will go down tremendously. While in, bitcoin it jas smooth trend that after a few minutes it goes up it will decrease, then increase again.

What people mean when they say something is a bubble is something that is growing too fast but that is very frail and that anything can make it collapse, by that definition bitcoin is not a bubble, bitcoin is anything but frail, if it was, the governments of the world could have figured out a way to destroy it already, the fact they are settling for regulation instead shows how resistant is bitcoin.

A bubble is an asset whose price rises faster than the value proposition should dictate. Since bitcoin is an asset with no inherent value, the value ostensibly comes from one of two places: 1) utility to perform a useful function (value transfer or store of value) or 2) speculation that someone in the future will be willing to buy the asset off of you for more than what you paid for (the later idiot fallacy). Bitcoin was supposedly created to fulfill number 1, value transfer/store of value, but it is much MUCH more widely used for number 2, which makes it prone to inflated price due to hype, FOMO and the collective delusion that the price cannot go down for [insert any number of unsound reasons].

Because there is no reliable mechanism for shorting bitcoin (an equilibrium force in the market), price is pressure primarily builds in one direction without a reliable counter force (someone betting against the price by shorting), and this further tends to skew assets like this into bubble territory. The bubble pops much more violently in these cases than assets that can be shorted easily because the buying pressure suddenly disappears and then there is a rush to get out of the asset by dumping coins on a smaller pool of buyers.

Bubble is when something is being sold at a price rate it’s not worth, to make it simple, let me just say it means speculation. But to be sincere, I don’t really see Bitcoin as a bubble or anything, but if the experts that are into this says so, then I can’t argue with them that it is not. Though recently they have reduced the price rate, and one thing you should know is that you can hardly please people, no matter what.

Now that the price is down, people are still complaining that it is low, and when it goes up again, they will call it a bubble. Sh*t!

This is a funny comparison, as gold is one of the rare assets that also only have value because of the common consensus that it has value.  Gold is economically essentially almost useless.  It is only valued, because of the common consensus that it has value. 

As to the OP: yes, of course it is a bubble, and yes of course it burst.  Like in 2011, and in 2013.  And like the stock market in 1929.  And like the housing prices in 2007.  And like the dot-com bubble in the 90-ies.  Of course.  It is made to bubble.  That's what speculative finance is all about.

Very well said...People speculate and drive prices up. Then fear sets in since it wasn't as good as promised and they start panic selling. Its true value comes out once the panic is over.

Gold has inherent value in that it is used in industrial, medical, and other fields. Absent people's consensus that it is a store of value, it still has practical use which gives it a baseline value, which is not the case for Bitcoin. Bitcoin is purely speculative and has zero inherent value. Gold also has thousands of years of history as a valuable asset, so it is no longer the case that everyone just decides it has value. For centuries before you've been alive, gold has had value. Gold isn't speculative like bitcoin is in that you can be reasonably sure that gold will continue to have value in the future. The same is not true for an asset like bitcoin that has been around for only 10ish years.

well, the way i see it, bubble pretty much means a bubble. literally. and i am not joking. remember when you were young and you were playing with that toy that makes bubbles or when you are the one producing the bubbles with the use of some toy that you blow on? now, as what you have observed, when you blow on your toy too hard and the bubble gets bigger and bigger, it will eventually pop if you do not stop blowing on it. just like here in the crypto world, people often use the word "bubble" or the phrase "bubble is going to pop" on cryptos that are getting pumped so fast or increasing too fast(bubble). now the word "pop" signifies the time when people are already dumping and the coin's value is decreasing drastically because of the people taking profits together with all the panic sellers wanting to break even or cut losses.


hope this clears things up for ya, good day op.

bubble is a very high price increase as the term is often called the price is skyrocketing. indeed the word will be very confusing as I was ever confused with the term bubbles but after my friend explained now I can already know the meaning of the bubbles are often said by some people who are here. besides that there are still a lot of terms about the terms associated with crypto but I will continue to learn it and I will also still ask some things that I myself do not know that is with caraberkonsultasi to my friends who understand more.

today's price shows that people trust bitcoin,We know that there is no economical system behind the bitcoin,this price is just an index of trust and this trust was created by proper use of revolutionary technologies.It is a revolutionary idea of blockchain technology,its just an artificial intelligence and how it could be bubble? Bitcoin is just an example of how we can create decentralized society,for example decentralized infrastructure,decentralized communications,social decentralized networks, where noone can control our converstations and censoring because there will be trust and not fear of something...

I support this stance since this is what I mostly say myself

Though I have to add a small but important commentary here. Gold's inherent value mostly consists in its direct use as jewelry. I certainly understand that defending your position (and mine, for the record, since I share it with you here) by emphasizing the use of gold in industrial and medical fields is a lot easier but it is not required since you can't argue with the numbers. And the numbers are that the jewelry industry is responsible for over 50% of the global demand for gold, over 35% of gold is used for investment purposes (central bank gold reserves as well as the IMF stash and private investments), and only around 8% is used in electronics, with other fields sharing the leftover. On the other hand, Bitcoin has inherent value too, which is called transactional utility, but today, with its extortionate fees and infinitely long confirmations, it is minuscule and utterly irrelevant

The man himself comes up with values. Jewelry are not vital. It becomes apparent in time of war or disasters. Surrounded during the war, people changed the expensive diamonds and gold on a piece of bread. In order not to die of hunger. So for me, bitcoin and gold are of equal value.

The reason why they say it's a bubble is because they don't believe in the technology, or they want to scare people from investing so the banks can keep the power they have.

Nah it's not. If it was a bubble the price this high should continue to go down. The price should be down to $1000 or below to say bitcoin is a bubble but look at the price. There are good reasons why bitcon is so high right now and it will continue to go in that direction.

Bitcoin and gold are different in comparison they're not equal in value if we check their price now and before you can see the big difference.

The term bubble is just another word for the volatility of bitcoin. It surge up and it might blow away like a bubble the would disapear in an instant. But i believe that it is not the case for bitcoin, since it is the most reliable cryptocurrency as of today. Hopefully not a bubble because if so, many would break their emotions on it.

Bubble mean it is the speculation activity which is produced by the number of professional trader where they control the speculation by buying the trading products so  that the price of trading products surged to great height and afterwards suddenly they make panic selling and by this way they profit from the trade move except those who bought in the panic selling. I have been part of many bubbles in the stocks and forex market and now experiencing Bubble in cryptomarket also and this experience is good and i think its a must for every trader so that they come to know what is bubble and they prepare themselves for this bubble.

Well even I believe today that bitcoin is not a bubble and it will be proven soon in coming months.

Actually, when i was a begginer especially here in our forum i don't understand also what is "BUBBLE" means when it comes to market especially in cryptocurreny. And i curious what exactly means for that words "bubble" so i do some research and base on my research Bubble means by moving the market like " volatile " in the other words, but in bubble your investment have posible to disapear in an instant without knowing it..

Is it a bubble,? Well for my own opinion bitcoin is not a bubble because everyone know the value will increase again and also in the future..

Bitcoin is not a Ponzi scheme. Ponzi schemes use referral system. You bring someone to get your money back. It's a pyramid. The people at the base of the pyramid pay the ones on top. Bitcoin does not ask you to refer people. They don't ask you for any money either. They fdon't promise to pay you anything.

Bubble is a fast increase in price of an asset or a stock making it over valued than its actual value. Bitcoin has been termed as a bubble for more than one year and no asset or stock which is in a bubble could remain in higher price for such a longer period. Bitcoin is not a bubble.

Indeed, there's no explicitly set referral system in place, but given that Bitcoin nowadays is mostly speculation, it works exactly this way. You buy with the intention of selling higher following the famous "buy low, sell high" trading wisdom, but you can sell higher only if someone else buys at a higher price (with absolutely the same intention). So it is the same concept even if Bitcoin doesn't ask you to refer people. People are effectively referred to you when they buy bitcoins from you.

There are number of people who are doing nothing else but are spreading negativity in the minds of other people. They are only doing all this and are saying such kind of statements because they themselves are unable to make out anything from bitcoin and that’s why they are getting jealous of those who are wearing a huge money from bitcoin. In reality, bitcoin is really a good way of making money and it is making our lives far better.

Albert Einstein said: "There are two infinite things in the world-the universe and human stupidity. Although at the expense of the first, I'm not sure. "

The history of mankind knows a lot of bubbles - when the value of something reached the cosmic heights only thanks to the agiotage demand, and not the fundamental factors.

The most famous ones are tulipomania, shares of the company of the South Seas (on which Isaak Newton lost money), from the latter - a dot-com bubble.

The picture below shows the rise and fall of the most famous market bubbles. Now bitcoin is on the second place after tulipomania, if counted from 2014 on. And if you take an earlier period, then bitcoin is much higher.

Bubble is the rapid increase and dicrease of bitcoin price, bubble is normally a specified action used on bitcoin business, it is only used by the bitcoin authorities for the balancing system of different transactions on bitcoIn.

People who find it difficult to understand the concept of digital currency and who failed to invest in bitcoin currecy when it was cheap are calling it a bubble. When any currency is manipulated by a group of people for their personal benefit the unnatural and sudden increase or decrease in such curremcies is called as bubble. Bitcoin is a decentralized currency so such manipulation is impossible.  Bitcoin is increasing continuously since last two years. And even after crossing $19000 mark, it is rolling down slowly not suddenly. It shown bitcoin is not a bubble. 

For the sake of historical accuracy, after crossing the $19000 mark Bitcoin crashed over 40% in a couple of days. I don't know how anyone would call that "rolling down slowly not suddenly". It was the crash of all recent crashes but with so many whales cashing out (Roger Ver and his team of minions), there was little that could have been done to prevent it. Besides, being a decentralized currency, which is debatable on its own, doesn't prevent coins from being accumulated in few hands. There are different dimensions of decentralization and in some of them Bitcoin looks pretty bleak.

These people are properly involved in propaganda of defamation of bitcoin, nothing else. These are cheap market tactics for controlling and ruining the fame of competitors, same is being done by cheap coin holders who are unable to develop strong market for their coins just like bitcoin does.

These people should focus on the publicity of their coins rather than spreading negativity about bitcoin. Bitcoin is one of the most astonishing inventions of this century.

Bitcoin is not bubble at all it is name of currency investment which keep on changing lives of people on daily basis and its prices are volatile and it doesn’t mean due to volatility we must start calling it bubble bitcoin has huge no of investor community and people are getting millions of profit from bitcoin on daily basis and of it really is a bubble then it wasn’t followed like that so bring some facts and then say this.

The fact that it is a name of a currency or investment doesn't prevent it from being a bubble. Indeed, it has changed lives of many thousand people, but any bubble does exactly that. With Bitcoin, the only way to get millions today is to buy low and sell high. But those who can't sell higher than they bought will be left holding the infamous bag. Are you one of them? I guess you are pretty much in denial and can't see or rather won't see what's going on.

The harder will be the fall.

Bubble is a situation where the of value of a coins increase without a serious course or unusual increase the value or price of coins. And the term is mostly use by market speculators.

If you have noticed, in last December month, bitcoin prices were rapidly increasing from $10k levels to ~$20k price levels. We may call it as a bubble because the nature of price movement  and it was not based on any news nor events basically. When traders and investors are trying to catch possible lower prices before it will be gone, the bubble kind of situation in market is appearing. We cannot blame anyone other than market sentiment because traders are the only reason for the bubbles to happen.

At the same time we cannot ignore the importance of bubble in market because it is the only way people will realize the real potential of one commodity because people start realizing like even that much higher prices will be possible for one commodity only after a bubble happened.

I like to think of it as a self aware bubble. Most of us know that this growth is probably unsustainable, but we still want it to grow to trillions of dollars in total market cap.

They are saying that this is a bubble mainly because, last year the price of Bitcoin have gone up way up ($19k ~ $20k at most) reaching almost three times the price of Bitcoin on the year 2016. But suddenly after some months or weeks, the price of Bitcoin have drop down to $11k ~ $10k. Yeah we know it is a big drop to not to be noticed.

So I was saying, when you create a bubble it will float way up into to the air because its so light but at a certain height it will suddenly explode, and its excess will drop into the ground. That's why they're saying that it is a bubble.

Doubtless we are really hopping that bitcoin will rise in price again we trust bitcoin but sometimes the fallen price use to scare people to use bitcoin so I think it is not good to lose patience at this time, some bitcoin haters are calling bitcoin as a bubble but it is not a bubble it is reality, many of people are waiting to have bright future with bitcoin so how can we say that bitcoin is a bubble. It is not a bubble but it is treasure that will give you a lot of money.

Quite decent explanation. I also believe that bitcoin has an additional value for it´s original intended use, that is, a peer to peer payment method via a decentralised coin.

This means that while there are new people ready to invest in bitcoin, he will live. But as soon as these people do not become it will collapse.

When you say an asset is a "bubble", it means that it would not prosper or last for a long time. It may gain its peak quickly, but after a while it would be doomed and plummet in value similar to how a bubble may abruptly float and then pop. I think that description is not applicable to bitcoin because it has been present for a while now, for about a decade to be exact. And although its value is going up and down at a very quickly, I think its just one of its features because its not backed by any reserves like the traditional currencies, which pumps value on it readily to avoid the effect of inflation.

This is very spot on! Until now cryptocurrencies has not had many use cases, but in 2018 a lot of applications are being released and I think it will be the best year of cryptocurrencies ever so far.

Sure, jewelry is a large application of gold, but its use in jewelry is because of the value. It's a chicken/egg argument. Did gold have value because it is used in jewelry or was it used in jewelry because it had value? Like many precious/rare elements, it's use in jewelry came about as a function of its value as a means to display wealth. You see the same thing with diamonds, which are used in jewelry because the supply has been monopolized and artificially restricted to create a perception of value. Absent a consensus of value, they wouldn't be used in jewelry. Because jewelry's purpose is to display wealth, value is a prerequisite.

Personally, I don't think it is a chicken and egg argument or problem

And specifically with respect to gold. It is debatable with diamonds since diamonds are just pieces of glass to most people. But it is not so with gold. And I think that it can be said with certainty that gold is used in jewelry because of its value which stems directly from its qualities that are so immediately and unreservedly appealing to the vast majority of people, I mean its shine and luster, its nobility and indestructibility, whatever. There are many materials and precious metals which are way more expensive than gold but they are not used in jewelry since they lack the appeal of gold, which is both unique and universal

The same as it is impossible to every body like you, it is impossible to prove everybody that bitcoin is not a bubble. Both sides in this argue have their own proves with which it is hard to fight sometimes. But if you asking me about the current drop, no it's not a bubble. If it would be a bubble as we know it in economical sense, everything will happen in a moment.

It's a metaphor for an asset that balloons so fast, increasing in size (price) and then suddenly bursts with nothing left (a crash). They can call it what they want but for me, it's not a bubble since the price increase is based on a global market with its own ecosystem. It's value is determined by the people and there is use for it.

Maybe someone thinks of it as a bubble because the price of each altcoin has a fluctuated movement So that the market when it is able to become red and green from where one assumes that altcoin is not always increased continuously.

Many people think it's a bouble cuz there were many situations with such things like bitcoin is and now the credit of people believe is not big.

Well, many people have come to a point the bitcoin is a big bubble or shall we say that it's over the crypto currency. But for me it's not, just because of the value in a market having down fall. The volatility of bitcoin is a just a usual play because they have been base on the demand and supply in a market.

No, it is not a bubble. There is just correction going on and everything will be alright soon. Those who say bitcoin is a bubble is a critics if bitcoin.

Correction do come and it happens every year. So we do not need to panic and sell all the coins. Infact try to buy more coins at this discounted rates. And those who think it is a bubble so let them think and hope they do not invest in this market then because once it will rise then they would feel bad that why dint they invest now and they could have easily made multiple times returns in coming months from this crypto currency.

A bubble is when the price of something increases abnormally way past its speculative forecast and drops down abruptly to an extremely low price as a result. Bitcoin has been looked at by people as a bubble because of its vast increase in price over the year which is speculated to "pop" anytime soon. But with this being said, Bitcoin is proving that it is not a mere bubble given how it has stayed strong as a cryptocurrency over the years, its extremely volatile nature comes from the fact that it is decentralized and is unregulated.

It is not a bubble, the bitcoin and other cryptocurrencies are fast in growing and they are keep on saying that the cryptocurrencies like bitcoin is a bubble but in the reality, it is not, they are just volatile so it looks like that the market is a bubble because the price is changing faster than what the others speculate and that made them think that bitcoin is a bubble.

Something can be called a bubble if it is valued a lot but in fact has from little to no value in itself. Just yesterday I watched a mockumentary called The Great Contemporary Art Bubble where they stated (jokingly) that most of the modern art paintings are highly overvalued, but still the price is rising and the paintings  keep selling for millions USD. IMO Bitcoin has much more real value in itself than any of the paintings, especially in the future to come. I think that $20k for 1 BTC is still far from the highest limit Bitcoin can reach and even far from the reasonable price which it can get in the nearest future (which imo will be close to $100k).

The future potential of Bitcoin has always been there. Even at sub $1000 levels people were speculating about $100,000 and that's still the same. Short term things are a bit different, and we can't ignore the overbought market.

At that point it was all due to the future market as people were expecting it to be the next big thing in regards to being a price booster. And honestly speaking, potential entry of institutional investors is bullish.

Turns out, just the initial speculation was a major price booster, and everything happened afterwards was nothing more than the market readjusting itself to more appropriate levels. Either buy or keep hodling, and have patience.

When people say it's a bubble, they mean that it's not real. People who does bitcoin knows that Bitcoin is not a bubble or a fraud. So, if you yourself have gained from bitcoin, you should know that it's for real.

It is a way of speculating about something that causes fears and fears within investors, who feel threatened by bitcoin, what they want is for people to think that, to convince us that if it is a bubble and we stop investing, for that They have caused all this collective withdrawal.

Some people compare bitcoin with bubble, due to buble's characteristic of being blown up to its biggest form and there will come a time that it will just burst out. In relation with bitcoin that hit its highest value and noe experiencing its lowest price. But I don't think it will be gone just like a bubble.

Yes it is a bubble because we don't see the stability of its value so far, Day by day it fluctuates and investing on it are very risky, In the opposite side it will give you good profit when the transaction runs smoothly, To the Moon:)

That bubble term is came from the critics of Bitcoin giving FUD to distract people not to invest in cryptocurrency. Ever since, Bitcoin has a surname of bubble. Yet no evidence to prove it.

They called it bubble because bitcoin drastically increases its value in a short period of time and predicted that it will collapsed because the spikes of the value is only a results from speculation and manipulation of market behavior. Until now the bubble didn’t burst and bitcoin is still functioning.
It is pure FUD from the people against bitcoin spreading wrong information to knock-out bitcoin existence.

There is nothing wrong in learning new things and if you are learning new things at the cost of loosing your money ,you will remember that for the rest of your life  :P, the rally was too steep and the market is taking a huge hit now with negative news every day which is dragging the market down and expect the market to be like this until every country come up with their regulations .

Probably you are right. But it is not smart to compare Bitcoin and a bubble, as bubble will burst once, and Bitcoin will not.

As long as all you can think of it is its USD value and your only hope is to buy for few USD and sell for more USD, then it's a bubble... and this isn't valid for Bitcoin alone, this is as valid for Bitcoin as it is for gold, oil, potatoes or any asset you're inventing in.
Bitcoin is money on its own, you shouldn't be thinking on "how much USD (or other fiat) I'll get with this", but "what's the purchase power of Bitcoin", how many potatoes can a Bitcoin buy, how many Bitcoins it take to buy a house... basically what you do with USD (or whatever fiat is legal tender where you are).

To admit that most of us didn't know what that term actually means. Personally i admit that i didn't know what was the exact thing that its pointing out, what i only know in my own is Bubble means a pop so many people say that bitcoin is one pop only and it will end that is likely a mirror to the price right now.

it is a bubble onlyifenough people beliveit'sa bubble, like everything else in the world, if we all start to say that googleis a bubble we might take google down

I do not think Bitcoin is a balloon, bitcoin is a ponzi, maximum 2 years is the end, a currency that has existed for almost 10 years, can not be ponzi.

People say Bitcoin is a bubble because its exchange rate has fallen sharply, causing panic among investors. Alternatively, maybe it is just cynical news about Bitcoin to make the cryptos rate decrease. With the knowledge of cryptocurrencies as well as the needs of users, the next 15 years, when 100% of the transaction will be made on the Internet, indeed the market cryptocurrencies will grow and ultimately replace the fiat currencies.

Bitcoin is not a bubble, in fact it is at least 70% not a bubble, cause it is mainly determined by the rate of demand which usually drives up the price and crashes the price when people withdraw. Things can be called a bubble, only when they are sold at a price rate that they are not worth. But as for Bitcoin, I believe that Bitcoin is always being sold at a price rate that it is worth.

A bubble is something to do with bitcoin's price at a very high value and one thinks that it will pop (drop its value at a very low price) just like a real bubble that pops when its water contents evaporates, dryness, or air turbulence.

People who say Bitcoin is a bubble have no idea what a bubble is.
Bubble is when an asset is overpriced.
Bitcoin is growing because people only now are becoming aware of what it is and realizing it's an underpriced asset. That's why there's a rally in price.
If Bitcoin is a bubble, then what about Gold? That you can't divide it easily, send it through the internet or easily store it and transport it.

I agree with you mostly, but why do you think that there's no chance for the institutional investors to enter into the business? After reading some business articles lately I came to conclusion that many of them considering investing in Bitcoin, especially now when the price is so low that the potential profit from the investment is obvious. I think we can see Bitcoin recovering much earlier than we expected exactly because of their involvement.

When someone says "Bitcoin Bubble" it refers to a certain point where Bitcoin will drop almost 60% to 70% of its total value to accelerate to a new higher price. If 20k is the recent top of BTC, then BTC is now on its dip.

It is like a bubble where it can expand and then suddenly can popped.  But I am sure that it is not like a bubble because bitcoin has been here for almost a decade.  And it can be considered as a  strong investment so it is not what like other people are thinking.  As a newbie and new to cryptocurrency, you might think that way.  Panicked about its current price.  But I still believe with bitcoin, its price will still goes up.

The bubble is the banking system of the whole world, and we do bitcoin ourselves, as we ourselves impart its value using it in everyday life for calculations and transactions. The larger the bitcoin community the more and the bitcoin value. He can not burst at one point, because too many people believe in him!

The US debt have already just passed 1 trillion dollars, and is projected to continue to increase at an alarming rate this year due to the tax cuts (that mainly benefited the corporations and super wealthy). And Trump have suggested that he could just print money to settle it. -_-

If fiat "crashes" (inflates), I guess cryptos would thus become more valuable in relative to those currencies, maybe. Especially if some people loses faith in fiat and puts in more into cryptos and go for the long-term; especially now at this great price.

We can expect or speculate that if fiat crashes and massively inflates, people will lose purchasing power of their money and their savings are going to depreciate. Therefore, they will become poorer all in all, and they will have less spare money to invest in speculative assets like crypto. In that case, the wealthy, while they will definitely have some cash, would rather invest it in gold and other hard assets. So it is difficult to say whether cryptocurrencies will get a serious boost if fiat money like the dollar should fail.

In my opinion gold is heavily overvalued already and wise people wouldn't invest in it nowadays. A reasonable price for gold would be $800/oz, not $1,300/oz like it is right now. Don't forget that many people have already lost a big part of their investments with gold. The price was $1,840/oz in July 2011 and it has never recovered from falling to $1,300 in June 2013. I would prefer to invest in silver which at least not so much overvalued right now and will almost certainly not fall in the future.

All of the above refers to the present buying capacity of USD. If it falls significantly for some reasons, then of course even gold will rise in price. But our goal here is to predict what will rise more than other assets in the years to come, and I think Bitcoin and some other decent cryptos will definitely rise more than precious metals in any case.

Actually, I don't think we can take 2011 gold prices as basis for comparison. If gold was overvalued, it was when its price hit $1,840 per ounce. Back in the day, the Fed had been running their sets of quantitative easing, an aptly euphemism for printing money, and the money got poured into various markets including derivatives markets, which made gold prices soar. In other words, it was artificial rise brought about by sectoral devaluation of the dollar, if you understand what I mean. Today's prices are pretty solid, so there is no reason to think that gold is overvalued now.

Yes, it is. But don`t worry. Almost every major project had bubbles, like NASDAQ, Amason, Google. Price would not crash soon and would be much higher after some time

Let's think about the situation you described. Were those "printed money" destroyed or have they just disappeared afterwards? No. And yet, with all those money in the market the gold price had fallen from $1,840/oz to $1,300/oz. Taking into account that the price was only $300/oz in 2002 and was even lower before that, we can come to conclusion that the 2004-2011 rising was over-proportionate to the amount of "printed money". That's why I'm saying that maybe $800/oz is okay for today's gold price, but not $1,300/oz. Among all the financial bubbles gold is the ultimate one according to George Soros, and I agree with him.

In my opinion, bubble in the cryptocurrency is when the value is going higher higher then it reaches the highest price then it will going popped the bubble. Popped the bubble is that bitcoin will go down or it is the end. Bitcoin is not a bubble because bitcoin is the most trusted cryptocurrency out there and it will be a great cryptocurrency now and in the future. Let us be optimistic that bitcoin is not a bubble and I think bitcoin is not a bubble because many invesyors wants to invest more in bitcoin and bitcoin will be successful in the future. Let us hope for the future of our bitcoin.

Bitcoin can be a form of a bubble in terms of fast changes or transaction on its value and price. It is hard to invest out of something without a future to grow if we will classify bitcoin as a form of bubble that might pop in the future or disappear. Bitcoin is much more than that , because it is decentralized meaning that it could develop and can experience progress out of the support of people on dealing with bitcoin in the form of investments and tradings.

It's a bubble from point of view that it growth thanks to it's popularity and being hot topic for mass media and every powerful man in this field can make it bigger or smaller just saying smth. But it's a still great creation of mankind and I believe blockchain technology soon will be used in thousands of fields

The printed money was not destroyed because it was used for two purposes. First, it was used to wipe off debts which came about as a result of subprime mortgage crisis of 2008, and then to boost the economy. In other words, there was no necessity for this money to be destroyed afterwards. At least, this is what I think. Regardless, whatever George Soros can say, he is likely the last person whose words we should take at their face value. Right after Warren Buffett.

I myself really don't know the meaning of bubble being described/named to bitcoin, but base on my understanding and interpretation, bitcoin is considered as a bubble for the reason that it may pop/disappear anytime for its intangibility (some says) and instability which can lead to people's loss. Also, it can be considered as a bubble because of its fast rising price which is we all know started from lesser price than it is right now. I don't know which one of this two  is the meaning of bubble their talking about (the negative one or the positive one) but that answer is either one of them. I think?  :D

can be said this like buble because the price at high time can suddenly break and fall to the base price when bitcoin already has no longer selling price or no enthusiasts at all.

Bitcoin or any crypto currency are not a abubble it's our future digital money so I think it's not a bubble can check the Bitcoin or any other coins history for reference.

the bubble that is created into the real world has not any base and when it pops there is nothing left behind it, it is like it never existed, not any sign is left. So by saying bubble they mean that btc would be here for a certain of time and when it pops there would be nothing left behind it.

Yeah right now the environment of bitcoin bubble is a bit rough so it is time to wait for it to get pleasant once again, it is said to be the most expensive currency but it has more potential to increase in price but we will have to wait for some more time. But if we look at the present value and importance of bitcoin we will see how fast it is grow and make everything easy for people but wait till this bubble get to the suitable place.

It is term related with something overvalued like stocks and coins and not on the actual price due to exceesive specualtion and demand and could burst anytime crashing the market.The current situation of btc market seems the same but in reality its not.The prices went hugely up in last year but now they have gone down but soon will recover so avoid any negativity around you and be wise and patient.

It’s been almost more than a decade since bitcoin has been introduced and by seeing the graph of it, it is evident that the values of bitcoin are increasing and decreasing just like other businesses. So the bitcoin business is the same as many others of this kind, its value depends upon shares and market values and number of investors. So it is not a wise statement to use that the bitcoin is a bubble. Many companies getting involved in bitcoin, governments thinking to legalize it, all are an evidence that it is not merely a bubble.

Technically, a bubble as applied to cryptocurrency is about its market price. Since bitcoin has risen drastically to 20,000$ last year, other people refer to it as a bubble that may burst (plunge down) its value anytime soon.

A similar situation took place on the stock exchange recently, where prices fell strongly. Then nobody called it a bubble. It is convenient to use this term for cryptocurrencies and to scare people.

Bubble is like a shadow or not real in meaning people referred Bitcoin when it was reaching high price, but that is not true and this "Bubble" is actually a negative word spread on Bitcoin by the banks and those who don't know exactly what is Bitcoin is about. Bitcoin is real and as people said or referred as bubble have made super rich persons from the middle class.

This is somehow just speculation that you can make right? There is no solid answer that you can prove that its price going to raise again. People just giving support on each other to make sure that everyone hold their coin but no one really can predict the future yet. For now I can say bitcoin is still bubble just because there are so many panic seller and buyer. If there is some sudden things, market will always fluctuative more than usual days

There is the intention to spread FUD that is true but we cannot deny bitcoin price was in a state of bubble 20k for each coin was a huge price which was impossible to maintain, the stock market is also bubble and it will crash in the future, but the percentage it went down was smaller than the percentage bitcoin lost in a month also the media cannot say that about the stock market since their owners have interests there and they will lose money if they said that.

I believe Bitcoin would crash someday but not now. We could still see 100k. Bitcoin is a market trend now it is so impossible to crash.

Ok so make it simple, many financial analysts especially stock brokers and traders thinks that bitcoin is just a scam and its value made by a hype and what they meant by bubble is once bitcoin reach its highest peak then there comes the slide in its value and will reach 0 price point, by that you can imagine a bubble being pop up and disappears immediately

Bitcoin is a bubble, bitcoin is fraud, bitcoin will not stay. What else we are about to here from those people who are not contented living with their lives?
Bitcoin has been said as a bubble for so many years and for sure those people who said it are already celebrating as bitcoin from $19,000 ----> $6,000 ----> $8,000.
This is a bubble that is worth $8,000. Let's ride on their jokes as they are jealous for not purchasing bitcoin at dip.

A fast rise in price does not constitute a bubble. An artificial over valuation that will lead to a sudden downward correction constitutes a bubble choice based on individual human action by hundred of thousands of market participants is the cause of bitcoins price .To fluctuate as the  market seeks pride discovery reasons for change in sentiments may include a loss of confidence in bitcoin. A large difference between value and price not based on the fundamental of the Bitcoin economy increased press coverage. Stimulating speculative demand for uncertainty and old fashioned irrational exuberance and greed.

Bitcoin is not a bubble as well,  but to my opinion market is in need of stable coins ,  which are backed by resources - in the consolidation with commodities it can be very good opportunity to back cryptocurrencies and secure risks. Also   controlled emission is very important.

There is one thing common to all bubbles, they do not have some unique concept backing them. But crypto is making online transactions easier and thus it is not a bubble.

they use the word bubble as a figure of speech.
 and describe bitcoin is bubble because they are scared of pumping up of price then someday bitcoin will pop or gone.

It's a connotation of Fad, Scam, and useless. But it's a electronic innovation We view this sometimes as useless but let's look at dot.com era like eBay and Amazon certainly many dot-com company failed but they were hit by lows but at the end they were able to escape the possible demise. The difference between electronic innovation and physical one is the adaptation. Cryptocurrency development is very quick that it makes them look like bubble.

They say it is a bubble because it price changes timely no permanent price it goes up and down

Bubble is when something is being priced at a rate that it’s not worth. But Bitcoin is not a bubble, and you can even tell from what it happening right now. The price rate of Bitcoin is being determined by the rate of demand, although it is highly Volatile than other cryptocurrencies.

The price rises quickly whenever it will do and also falls quickly when it does. So Bitcoin is not a bubble, it’s just some haters that keeps saying that. The worst part is that they can’t join, and also don’t want others to join.