True or false: Ethereum is a bubble, bitcoin is not

[semaforo]

   I was reading some articles today which pointed towards such a conclusion, just curious what others think about this notion.

[N12]

Both are in a bubble. Ethereum is in a much bigger bubble.

[jtipt]

Both are in a bubble. Ethereum is in a much bigger bubble.

The bigger the bubble the sooner it will burst, just any day now. While for bitcoin I think we are used to the bubble blowing and bursting, people who invested a lot in ETH might get surprised.

[European Central Bank]

if this is a bitcoin bubble it's unlike any other one that's gone before.

the ethereum bubble is so obviously a bubble i can't believe everyone hasn't already cut and run.

[maokoto]

With Bitcoin, when it gets a very high raise and then falls, it usually falls to a value above the starting value. So even if it is inflated, it ends up a little higher. I remember it going from 450- something to 800, then back to 535 for example. Sometimes it does go very low but that requires very bad news.

I do not know much about ethereum... just seems everybody is talking about it lately.

[chaser15]

The bubble form in a sudden hype mode for a short period of time will easily be popped up. It can be created again and the cycle repeats until it will grows as big.

The bubble form in a continous support alongside with the hype mode will not easily be popped but in case that there's hole it was being repaired in no time so it will not deflate more so the bubble will grow more.

That is my understanding and hope you get the picture.

[Heartilly]

   I was reading some articles today which pointed towards such a conclusion, just curious what others think about this notion.

What is your conclusion then? Mind sharing it.

Both are in bubble but the comparison is how thick their bubble is. ETH bubble is thin and just experienced only few negative news while on progress. Bitcoin on the other hand surpass all negative events that comes to it and there are still many problems in the future but surely it can keep up. As a result, it makes it's bubble so much thick and will be much thicker in the future once main issue on it will be fixed or given a light solution.

[HabBear]

I was reading some articles today which pointed towards such a conclusion, just curious what others think about this notion.

Can you share links to these articles please?

Both are in a bubble. Ethereum is in a much bigger bubble.

What's your rationale for the bubble? Just saying so doesn't do much to make the rest of us understand or believe you.

the ethereum bubble is so obviously a bubble i can't believe everyone hasn't already cut and run.

Why? How? What's the obvious symptoms of bubble that you're seeing? Or more importantly, why do you think Ethereum isn't worthy of it's current value?


A lot of people don't understand what Ethereum is offering. Ether isn't a monetary currency, it's a processing power currency. Anyone comparing Ethereum to Bitcoin as two different versions of the same type of currency doesn't understand what Ethereum is.

Read their website, it's really informative: https://www.ethereum.org/

[European Central Bank]

Why? How? What's the obvious symptoms of bubble that you're seeing? Or more importantly, why do you think Ethereum isn't worthy of it's current value?

over 40x increase in a handful of months. icos that no one understands selling out in seconds. r/ethtrader filled with thousands of posts a day about buying lambos.

does any of that smell like business as usual?

[N12]

Can you share links to these articles please?

Both are in a bubble. Ethereum is in a much bigger bubble.

What's your rationale for the bubble? Just saying so doesn't do much to make the rest of us understand or believe you.

There's a set of conditions on the charts that happen only during bubble times.

I outline and compare them to the most recent bubble from 2013 here for Bitcoin.

As for Ethereum, it is evident to the untrained eye. See posting above mine.

[swogerino]

True. Ethereum has been pumped infinitely and the dump is inevitable for this coin. Only traders who did trading love Ethereum as it made them money but now the price is falling down slowly. Everyone is realizing that the pump is going to go back to where it once was or at about 0.02-0.03 bitcoin and not more.

[Fortify]

The thing with bubbles is, nobody really knows it exists until it bursts. There are so many anonymous investors that could be susceptible to removing money if the major economies start to fail. There are larger boom and bust waves around the world - when they hit the US or Europe, it might plummet or rocket further. Digital currencies seem too new to predict

[Pente]

At one point Litecoin hit around $50, then about 14 months later it bottomed out at around a $1 each. I expect the crash on Ethereum may even be worse.

Another way of looking at Ethereum: Bitcoin at least had a few small crashes before the long crash after the peak around Nov 2013. Ethereum has never been through a big crash before and a crazy amount of money has gone into. The Ethereum community has only seen FOMO and MORE MORE MORE. They have grown arrogant. It will crash hard.

Don't get me wrong, I think Ethereum has a future. Maybe I will even buy a few when the price drops below $5 later next year.

[thejaytiesto]

The grammar is not correct and it's very important for the context. "a bubble" means it is a bubble within itself, like the very thing is a bubble, in this sense "a bubble" is basically "a ponzi".

You should say "in a bubble", this means that the price is temporarily to high to what it should be.

In the first context, then yes, ETH is fucked in my book in it's very fundamentals.

As far as the price goes, I also think it's bubbled, but calling the top of a bubble is hard task, since some bubbles can take years to pop, so I can't just say to people to dump their ETH because who knows, it could it $1000 if the hype continues indefinitely.

[RoommateAgreement]

   I was reading some articles today which pointed towards such a conclusion, just curious what others think about this notion.

both of them were in a bubble, bitcoin a small bubble and etehreum in a much bigger bubble.
bitcoin's bubble busted and it is now over but ethereum's bubble never did, the price has been going down mostly because of the bug and panic but the burst has not started yet.

[cengsuwuei]

etherum (ETH) down price because many problem about transaction
i thin first problem in ETH about transaction same with bitcoin, etherum this now is very high sending transaction

[ktabb]

A more accurate statement would be that the crypto market is in a bubble

[pooya87]

~
You should say "in a bubble", this means that the price is temporarily to high to what it should be.
~

this part is the problem!
sometimes it is too obvious that a price is in a bubble. for example the case of most of the altcoins, including ethereum. but sometimes it is not possible. and those who are saying bitcoin is or is not in a bubble are saying random guesses. the question is "what is the price of bitcoin at this point or what should it be?" and there is no easy answer for this, the intrinsic value of bitcoin is not something you can just put a number on. saying it is $2000 or $2800 or $1500 and then decide whether it is in a bubble or not.

[White sugar]

The grammar is not correct and it's very important for the context. "a bubble" means it is a bubble within itself, like the very thing is a bubble, in this sense "a bubble" is basically "a ponzi".

You should say "in a bubble", this means that the price is temporarily to high to what it should be.

In the first context, then yes, ETH is fucked in my book in it's very fundamentals.

As far as the price goes, I also think it's bubbled, but calling the top of a bubble is hard task, since some bubbles can take years to pop, so I can't just say to people to dump their ETH because who knows, it could it $1000 if the hype continues indefinitely.

but how can we calculate what the price should be

[freedomno1]

Either Cryptocurrencies are in a bubble, or the tech is going to scale up at a rapid pace to match the current market capital of the whole entire series.
Eth is just leveraged in that all the little assets in it add up to the value of it.
If those internal ones become worthless then its a bubble or if they become useful then it is not.