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Author Topic: Bitcoin is not a bubble  (Read 2872 times)
Tiktik
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March 23, 2018, 08:03:11 AM
 #61

A different look at the Bitcoin market:
http://www.finance-guy.net/finblog/bitcoin-not-a-bubble

it's not a very positive opinion, but I agree that something needs to be done to attract the general masses to use Bitcoin.  Something needs to make BTC more attractive than cash for everyday people.

What kind of incentives do you think would work for the people you know?
yes some people says that but for me bitcoin is like a bubble bubble that have a strong type because sometimes bubble is decreasing but it is always inccreasing and it will never pop because bitcoin bubble is so strong this  is why people gets a lot of money they buy when it decrease and they selling it when it pump so high.
nitrousteam
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March 23, 2018, 08:17:26 AM
 #62

people around the world are not adopting bitcoin because of those thing in general

1- security
2- regulation

those two thing must be addressed in order to rise the adoption of bitcoin

the secuirty can be done by the exchage(so it's not even a bitcoin fault)

the regulation is on the way on some countries, but need to be speeded up and should be easy for average people, not something like "i need to take note of every transactions" or other things too laborious


Now, the question is who will take the burden to regulate Bitcoin. That will hell of a responsiblity because it's known that Bitcoin has security concern. There are illegal trades happening all over the world and the payment is happening in Bitcoins.

Again with this non-argument, fiat and CASH is mostly used for criminal activitities, bitcoin is a small fraction of that, it's just not an valid argument...

USD is actually known as a currency which is used the most in criminal activities. This activity is even covered by the government which is involved in the money laundry itself from the countries like Iraq and similar. Criminals have a big market in which they are trading with their own illegal goods and the government is using Bitcoin only as a cover to mask the true currencies which are used the most.
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False news that is also supported by the government is actually influencing the modern society with the bad stories about the Bitcoin. Actually, this same false news is giving the popularity to the Bitcoin which will sooner or later be accepted by them all.

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faceoff97
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March 23, 2018, 08:40:31 AM
 #63

A different look at the Bitcoin market:
http://www.finance-guy.net/finblog/bitcoin-not-a-bubble

it's not a very positive opinion, but I agree that something needs to be done to attract the general masses to use Bitcoin.  Something needs to make BTC more attractive than cash for everyday people.

What kind of incentives do you think would work for the people you know?

I would say that there is a part of me where I feel like bitcoin will suddenly dump. We cannot the fact the this might happen specially it ia kniwn to be volatile. With the same hope of seeing it on top there is also a high possibility of sudden dump. I believe seems to be a bubble, but since it has been develop over time, we could expect this coin to soar even though there will come a time of dropping.
OuterTech
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March 23, 2018, 08:42:33 AM
 #64

Bitcoin and blockchain will be the future of money as well as the world financial sector. It's not a bubble. It is true that Bitcoin is facing many hardships by the government in the prohibition. Bitcoin is also used for money laundering by some organizations as well as individuals, so Bitcoin is considered bubble is easy to understand.

maruf_h20
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June 10, 2018, 07:10:27 PM
 #65

Really like Bitcoin Bubble. Its price never decreases, sometimes it grew up. It's a great challenge for the economy and the guarantee that the smart guys know better. Bitcoin's quality is reduced by almost updating and again, so this caution should be in everyone.
cizatext
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June 10, 2018, 07:51:06 PM
 #66

Bitcoin is never a bubble because if bitcoin was ever a bubble the bubble would have bursted long ago, bitcoin is an essential commodity and an assets with great value and which value is determine by the demands for it in the market. Bitcoin is not like the ponzi scheme which can burst and at the end scams it investors.
bobitza
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June 10, 2018, 08:22:23 PM
 #67

Really like Bitcoin Bubble. Its price never decreases, sometimes it grew up. It's a great challenge for the economy and the guarantee that the smart guys know better. Bitcoin's quality is reduced by almost updating and again, so this caution should be in everyone.


It's crazy when you like Bitcoin as a bubble. What will happen if the bubble burst? It will disappear completely, and bitcoin too, if it goes away, we will lose all the money.

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perfect999
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June 13, 2018, 07:16:18 AM
 #68

Really like Bitcoin Bubble. Its price never decreases, sometimes it grew up. It's a great challenge for the economy and the guarantee that the smart guys know better. Bitcoin's quality is reduced by almost updating and again, so this caution should be in everyone.


It's crazy when you like Bitcoin as a bubble. What will happen if the bubble burst? It will disappear completely, and bitcoin too, if it goes away, we will lose all the money.
But the reality is, this isn’t bubble. We all know about bitcoin that it is just a coin who doesn’t have stable lifestyle. It is always moving up and goes down for nothing. We know the results it has made for all the users. Mostly users have got fantastic results from it and they are living a happy life after investing in bitcoin. So don’t just get confused by this volatility, bitcoin isn’t bubble.
senin
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June 15, 2018, 11:50:12 PM
 #69

Bitcoin is not a bubble, and its price of 15-20 thousand dollars is real? People bought bitcoin not because of any of its consumer or other qualities, but only because of the fact that at that time it brought a big profit only because the demand for it increased. There was a vicious circle: an increase in demand led to an increase in prices, and a price increase generated additional demand. This is a classic inflation of a financial bubble and nothing else. Thus, the price for any crypto currency or any physical thing like tulips can be inflated and nothing good has ever happened. A significant increase in the price of bitcoin will simply accelerate its destruction. Therefore, the discussion of the cost of bitcoin in one hundred thousand dollars, it's just a myth, and if it does, it will lead to sad consequences for a short time.
mkhadazz
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June 16, 2018, 12:22:01 AM
 #70

I think bitcoin is not like bubbles I see bitcoin just like the waves because the movement of bitcoin prices up and down when it's high will surely come down and when it is in the base price will certainly be easy to ride again.
Btcaivah1
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June 16, 2018, 01:24:01 AM
 #71

Bitcoin indeed not a bubble. It is true that btc is volatile but it has always a potential to bounce back to higher price. This is the best asset why btc is still trusted until this present days.
Quadrant75
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June 16, 2018, 02:05:16 AM
 #72

Bitcoin is not a bubble because if it is, it would have been gone by now. Many government are trying to kill bitcoin but so far no one have succeed.
KrishaBitcoin
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June 16, 2018, 02:34:17 AM
 #73

A different look at the Bitcoin market:
http://www.finance-guy.net/finblog/bitcoin-not-a-bubble

it's not a very positive opinion, but I agree that something needs to be done to attract the general masses to use Bitcoin.  Something needs to make BTC more attractive than cash for everyday people.

What kind of incentives do you think would work for the people you know?

If all nations will follow the path of unselfishness move of other nations towards Bitcoin like Japan and Germany then for sure many people will join the investments and the possibility to make Bitcoin a world currency will be at hand. Japan ang Germany are using Bitcoin to its fullest capability by letting it to be use by their people at no tax policy that because of this move then probably most of the people will desire to join the invesent making Bitcoin as a bubble will become a 100% impossible.

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CleverOracle
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June 16, 2018, 02:48:40 AM
 #74

Bitcoin is not a bubble because if it is, it would have been gone by now. Many government are trying to kill bitcoin but so far no one have succeed.

I agree with you but some people who are against in Bitcoin says that if the government don't accept these currency then it is just a matter of time that Bitcoin will just disappear but we don't want that to happen so let's keep moving forward and support these new technology by introducing it to many people we know until the government notice it that most of their people use these new technology.

fishball
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June 16, 2018, 01:40:32 PM
 #75

A different look at the Bitcoin market:
http://www.finance-guy.net/finblog/bitcoin-not-a-bubble

it's not a very positive opinion, but I agree that something needs to be done to attract the general masses to use Bitcoin.  Something needs to make BTC more attractive than cash for everyday people.

What kind of incentives do you think would work for the people you know?

Well, bitcoin could be or could not be a bubble. But basically, after how many years of investing and earning from bitcoin, the chances of it becoming a bubble is too slim now.
xitrum
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June 16, 2018, 01:59:43 PM
 #76

A different look at the Bitcoin market:
http://www.finance-guy.net/finblog/bitcoin-not-a-bubble

it's not a very positive opinion, but I agree that something needs to be done to attract the general masses to use Bitcoin.  Something needs to make BTC more attractive than cash for everyday people.

What kind of incentives do you think would work for the people you know?
You can see that after the bitcoin price reached $ 19800, it has continuously declined and depreciated. At present, bitcoin prices have fallen more than 70% and are at $ 6500. Market capitalization is also falling sharply to just over $ 300 billion. I believe these are signs that the bitcoin bubble is breaking.

stimliall
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June 16, 2018, 02:10:21 PM
 #77

Bitcoin is a virtual cryptocurrency, or digital asset!
Its total issuance volume is certain. It does not depend on a certain platform but can exist independently. It is a truly independent asset.
BTC has become more and more valuable, it is not a bubble!
Goroshik
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August 13, 2018, 05:47:09 PM
 #78

A different look at the Bitcoin market:
http://www.finance-guy.net/finblog/bitcoin-not-a-bubble

it's not a very positive opinion, but I agree that something needs to be done to attract the general masses to use Bitcoin.  Something needs to make BTC more attractive than cash for everyday people.

What kind of incentives do you think would work for the people you know?
It WILL not be a bubble, but actually, now it is a bubble.
krishnaverma
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August 13, 2018, 06:13:37 PM
 #79

Bitcoin and blockchain will be the future of money as well as the world financial sector. It's not a bubble. It is true that Bitcoin is facing many hardships by the government in the prohibition. Bitcoin is also used for money laundering by some organizations as well as individuals, so Bitcoin is considered bubble is easy to understand.

If bitcoin is affected because of government regulations or bans, that does mean it is a bubble.

Many good programs or projects had suffered because of such behavior from the government. However, it is quite ironical that some of the governments think that bitcoin is abubble and are thus making those regulations.
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August 13, 2018, 06:38:59 PM
 #80

Definitely not a bubble. Because, if it were such a thing, thousands would not try to develop this technology. What we really need to do here is how far we can move this technology forward.

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