Bitcoin, is it really just a bubble?

[tonmoycrypto]

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.

[Gusbaaa]

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

[lodi123]

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?

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

[Ozero]

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.

[ilyashpakin2015]

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

[Minnie1928]

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!

[VeeraS]

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?

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

[akmittal]

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.

[BlackRacerX]

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?

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.

[bajigur894784]

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.

[orarider]

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

[michellee]

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.

[stefanionut99]

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.

[ariscan]

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.

[vladimirovleanid]

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

[Activitycoin]

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.

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.