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Author Topic: is it a bubble?  (Read 882 times)
samtarly
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February 13, 2018, 10:57:41 PM
 #141

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

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

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February 13, 2018, 11:22:56 PM
 #142

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.


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Carmen03
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February 14, 2018, 12:30:30 PM
 #143

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.
fedex
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February 14, 2018, 12:43:40 PM
 #144

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.
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February 14, 2018, 07:05:27 PM
 #145

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


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.
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February 14, 2018, 11:40:42 PM
 #146

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

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.

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Wilsonong222
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February 14, 2018, 11:58:22 PM
 #147

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 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.

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james23
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February 15, 2018, 02:29:08 AM
 #148

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

They say it is a bubble because it price changes timely no permanent price it goes up and down
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February 17, 2018, 06:05:36 AM
 #149

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.
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.

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