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December 03, 2017, 08:30:56 AM |
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Bitcoin, the future asset, the famous and fastest growing virtual currency among all, has spread its massive roots all around the world. Moreover it's continuously inflating valuation has attracted many investors to look into it. But some consider, this cryptocurrency, a bubble, which would burst into air, may be few years later. To them, my advice is that bitcoin is not a soap bubble, it is a bubble of prosperity and weakness which would never be burst. It is the good source of investment, helps people to mint money and make them self dependent.
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jseverson
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December 03, 2017, 11:57:45 AM |
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What does your title have to do with the body of your post? But to answer it, it's only really a bubble if it bursts. It has had plenty of opportunities in the past, and there is no shortage of people and groups wanting to bring it down, but it has been completely resilient and has come back stronger than ever. It's a good investment and even the finance investment world is starting to notice. It has already shed the bubble reputation among many circles.
As for the body of your post, it's not very surprising. The very reason why fiat is inflationary is that so you spend it. You're not going to have to worry about it having double the value by the time you wake up tomorrow. Bitcoin is better for hodling, for better or worse. Also, as popular as it is, it hasn't truly broken out into the mainstream. Few people own some and even fewer are willing to spend it when they can spend fiat.
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bitfocus
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December 03, 2017, 12:06:33 PM |
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For me, bitcoin is both a good investment and security. Also, Bitcoin is the future, the future economy is going to be Crypto Economy for sure. So, I don't think Bitcoin is Bubble, rather, Bitcoin is the most profitable investment for now and next few years.
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HasHe
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December 03, 2017, 01:02:48 PM |
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Bitcoin is the fastest-growing asset in the world this year, but the virtual currency does not appear to have many users in London’s tech district. It has been more than a month since bitcoin was used to buy a flat white or craft beer sold at the Old Shoreditch Station, according to the hospitality manager at the east London bar. Louis Chauvin admits he cannot find the iPad that is used by staff for processing bitcoin payments, as he resumes serving customers queueing to pay with their contactless bank cards. Although the establishment sits in the capital’s buzzing tech hub, and is advertised online as one of the few retailers in London accepting the hipster-cum-computer nerds’ currency, as few as 20 people have asked to pay with it in the two years he has worked there.
Over the same period, the value of a single bitcoin has rocketed from around $300 to more than $11,000 this week. On Friday, the currency was trading at $10,700.
Chauvin says bitcoin’s increasing value – and media coverage – has not escaped customers. More people have come in asking how it works, thinking of using it in their own shop, rather than actually paying with it, he says, adding: “It’s cool, it attracts some people. But for now it’s niche.”
Bitcoin isn't a bubble.Its price has not raised this much high only by speculation.Wall street companies entering the market has triggered bitcoin price.We know that wall street CEOs were the main criticizers of bitcoin earlier like jamie dimon.Now,they have changed their attitude totally and have started to enter the market.We could understand that such big firms would not be ready to invest in just a speculative thing.People have started to think it as a safe haven free from government control.Now,there is no such high return giving asset in the world as bitcoin,the digital gold.
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Jessica2009
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December 03, 2017, 01:15:39 PM |
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According to my studies Bitcoin is a good investment since it is a decentralized digital currency i.e; no central governing body takes control in it ,and it is the fastest currency that can be send all over the world cheaply to serve the poor and needy without hesitation so in my concept Bitcoin is not a bubble that is waiting to burst.Now the price is tripled compared to previous years.
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Riddikulo
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December 05, 2017, 04:27:58 PM |
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It is a fantastic investment! The interest of the whole society including big investors to Bitcoin is only growing. Technologies are changing now, and the world is interested in blockchain. BTC will go up quickly.
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invincible49
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December 05, 2017, 04:45:23 PM |
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It is really hard to predict. But I can say bitcoin will last as long people are interested in, investing in it, trading sites are free from government's hard restrictions. As of now apart from few bumps in the road I don't think there's enough evidences that it could be a bubble.
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Argoo
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December 05, 2017, 07:39:33 PM |
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Bitcoin is now both a bubble and a good investment. It now behaves like a usual financial bubble, which grows in price only due to the increase in demand for it, but due to the fact that it continues to bloat successfully and bring big profits due to its growth in price, it is still profitable to invest in it and yet he did not burst, get a decent income. I think that in the nearest foreseeable future it will not burst, it still has the potential for growth.
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oaz7t
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December 12, 2017, 06:02:27 PM |
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The concept of bitcoin is new to people as it has become a mainstream recently. It definitely isnt a bubble that’ll burst anytime soon as many people are investing more and more in bitcoins and thus the value of BTC is rising. Bitcoin definitely has a lot advantages over other currency transactions because of which it won’t come down easily.
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Irvinn
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December 12, 2017, 08:48:28 PM |
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Bitcoin is both bubbles, which can burst, and a good investment. He is a bubble because his value increases to a large extent only at the expense of the rush demand for it. And this happens countless times: demand leads to an increase in the price of bitcoins, and the rising price for it entails an even greater increase in demand for it. Thus, the cost of bitcoins increases regardless of the state of its intrinsic value. This is a typical behavior of a financial bubble, which can eventually burst Simply in this case, Bitcoine still has reserves for its further growth. Bitcoin is also a good investment. because it brings superprofits to everyone investing in it by increasing its value. So, if in January of this year its cost was about 1000 dollars, now its rate is 17 523 dollars.
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topicaorta
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December 15, 2017, 05:48:22 AM |
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It can be a good investment, but it can also be a bad idea. It depends upon the season of bitcoin, which is unpredictable though.
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buiting
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December 15, 2017, 11:18:47 AM |
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the reason of who say bubble is price so if you use bitcoin for price will be bubble
bitcoin is digital money and not investment
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