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Hazir
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August 16, 2015, 03:44:12 PM
 #21

Bubbles is not only bitcoin trend. Almost every new project and startup is a ridiculous bubble, that is reality. I sure you know some of the biggest bubble startups in the world:

1. Theranos - $400 mln
2. Dropbox - $10 billion
3. Airbnb - $10 billion
4. Pinterest - $11 billion
5. SpaceX - $12 billion
6. Flipkart - $15 billion
7. Palantir - $15 billion
8. Snapchat - 15 billion
9. Uber - $41,2 billion
10. Xiaomi - $46 billion

Compared to this FIAT based companies bitcoin bubbles are tiny and insignificant.


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CoinBateman
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August 16, 2015, 08:48:45 PM
 #22

Bubbles driven by "hype" drives risk in Bitcoin, yes.  But after the bubbles pop and crashes occurs what's left is a stronger community to build off of...

Without hype the majority of people who are in Bitcoin right now, wouldn't be.

Price is a large part of that because without it, the herds don't come in. Interesting article about Bitcoin and Segway on coindesk is worth a read.


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August 17, 2015, 12:36:36 AM
 #23

Too much hype over Bitcoin, by the main stream media and by word of mouth, is driving the price up too high too soon. I'd rather hold of on the hype, keep the price as low as possible so that we can buy more before the price goes up due to actual popularity.
I completely disagree. We need endless pounding of the benefits of using Bitcoin and relentless marketing to Merchants expanding the capacity of Bitcoin users.
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August 17, 2015, 01:00:34 AM
 #24

I think the media coverage of Bitcoin is kinda limited these last months.
Most news involving bitcoin I've seen in mainstream media has been pretty negative.

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August 17, 2015, 01:25:36 AM
 #25

you just have to make sure you're buying when everyone is selling. then hold it for as long as you can. that's how i do it. so i don't have to worry about i'm too late with buying.

in this early stage of bitcoin is nothing like "too late with buying". we all are early adopters and for long term simply doesn't matter, if you will buy at 248USD or 281USD..Smiley

Long term how your sure it will go up very high price. It was 1000+ and came this level within a short period. Unless more business start accepting bitcoin prices will not move much.
MF Doom
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August 17, 2015, 02:38:17 PM
 #26

I think the media coverage of Bitcoin is kinda limited these last months.
Most news involving bitcoin I've seen in mainstream media has been pretty negative.

It seems like thats the method they are going to take:  Give it extremely limited mainstream coverage, but when it does get mentioned, associate it with criminal activity, money laundering, hype the probems and hacks, etc.  Even the mysterious "isis" tweet about them accepting btc which was blown up in the news.  Then anyone who doesnt dig any deeper just seems that and has a negative association with btc every time they hear about it after that.  Seems like the media knows to limit what and when they talk about it, and outright attacking it hasnt come..yet.
HarHarHar9965
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August 17, 2015, 05:16:10 PM
 #27

you just have to make sure you're buying when everyone is selling. then hold it for as long as you can. that's how i do it. so i don't have to worry about i'm too late with buying.

in this early stage of bitcoin is nothing like "too late with buying". we all are early adopters and for long term simply doesn't matter, if you will buy at 248USD or 281USD..Smiley

Long term how your sure it will go up very high price. It was 1000+ and came this level within a short period. Unless more business start accepting bitcoin prices will not move much.

The price increase of bitcoin depends on more factors than just acceptance of service providers, there are many things the price depends on. The vision bitcoin portrays you to imagine is a future where the price of bitcoin would not be something anybody cares about, because things are bought and sold at btc, nobody wants fiat as much as they do now.
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