Bitcoin price bubbled?

[noloco]

You got your answer recently, it seems that at 20k most people tought this was pretty bubbled until 6k where it was undervaluated again

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[carter937]

When can you say the price of bitcoin is already or nearly bubble?

Do you expect that the price will dump in coming years?

Edit: On this year how is the bitcoin value soaring ... What I mean is how fast....

I really doubt that the bitcoin is a bubble, we can see the bitcoin price has risen vertically by the end of 2017 and only with a bitcoin bailout China was immediately sloppy. No brakes and up to 70% reduction in value to $ 6,000. Although bitcoin is slowly recovering, I still think that bitcoins are still at risk and can break down at any time.

[Borisb52]

Any kind of money can be called a bubble. The same dollar. While people believe in currency - the rate of this currency will grow. By and large, a bubble can not be called only natural products, which can be eaten, dressed, used. Bitcoin will not burst. Perhaps over time it will change, but it will not burst. It's my opinion.

[Ravenz]

about the price of bitcoin that has been bubbling. i'm sure in a short time will come down drastically again. because bitcoin is like bubble or balloon if in inflatable will get bigger but if it is too big he will erupt
 

[Cryptagio]

about the price of bitcoin that has been bubbling. i'm sure in a short time will come down drastically again. because bitcoin is like bubble or balloon if in inflatable will get bigger but if it is too big he will erupt
 

Well, I think that it is too early to call BTC a bubble right now. However it has really good chances to become one if we do not create successful businesses which would be powered by blockchain

[redsun114]

When can you say the price of bitcoin is already or nearly bubble?

Do you expect that the price will dump in coming years?

Edit: On this year how is the bitcoin value soaring ... What I mean is how fast....

Nowadays bitcoin value hit to $10,000 +++ and for almost 2 days the value of it is almost stable to $9,500 to $10,000. Now the value of bitcoin is recovering from  price dump on late week of January and early week of February. Now in my opinion the bitcoin price will rise again continuously  like happen before last year. We all know that bitcoin is unpredictable and unstoppable.

Why do you guys call it a bubble? So the op just say bubble again and you all start saying bubble. From what I know, bubble means that something is being sold at a price rate that it is not really worth.

So if you guys are saying that bitcoin is a bubble, then it means that Bitcoin is not worth the current price rate of $10,000 each. If it is really worth the $10,000 price rate, then why do you all now calling it a bubble? You all are used to this. Next you all will start saying that it needs correction and start campaigning for it, and when it drops you all complaining again. Funny indeed.

[ipanks]

I think it is good if the price is up and down because we can buy bitcoin when the price is down and then we can sell if the price is up and I think we could make a profit over and over. I think our profit will be big because the price is up and down in many times and if we can use this then I am sure that we can increase our money and our bitcoin in the same time. but we still need to analyze before we decide to buy and sell because sometimes the price could go down too far without any warning.

[Cryptagio]

When can you say the price of bitcoin is already or nearly bubble?

Do you expect that the price will dump in coming years?

Edit: On this year how is the bitcoin value soaring ... What I mean is how fast....

We can see that in the past few days the market has experienced a lot of turbulence when the price of bitcoin has continuously declined, there was a time of $ 6000. But in less than a week, bitcoin has grown exponentially and has returned to the $ 9600 mark and is still on a strong upward trend. I think that at the present time we can completely trust and invest in bitcoin.

BTC does not have the best technology though. There are many more technologically better cryptos than BTC. I think in the long run BTC will be outperformed by some other crypto

[Bitcoincole]

When can you say the price of bitcoin is already or nearly bubble?

Do you expect that the price will dump in coming years?

Edit: On this year how is the bitcoin value soaring ... What I mean is how fast....

We can see that in the past few days the market has experienced a lot of turbulence when the price of bitcoin has continuously declined, there was a time of $ 6000. But in less than a week, bitcoin has grown exponentially and has returned to the $ 9600 mark and is still on a strong upward trend. I think that at the present time we can completely trust and invest in bitcoin.

BTC does not have the best technology though. There are many more technologically better cryptos than BTC. I think in the long run BTC will be outperformed by some other crypto

I think bitcoin price is nearly a bubble this few weeks because the flow of market now a days tells the gradual increase of the demand and supply in the market that signifying the expected bitcoin price this year 2018. As what i have read by the speculation that value of todays year will surpassing the current value of 2017 performanced.

[Bdstar]

I think so. When you enter a decentralized platform then you may find this type of volatile situation, not only that but also Bitcoin price also went down in the last week of January so the price is always moving ups and down. I think Bitcoin is using for mostly trading platform and people are taking the opportunity to make profit within a short time period.

[doedz]

I'm not sure bitcoin bubbles, more and more people are using Bitcoin then bitcoin is getting tougher and may not fall. If down is normal, maybe just a correction.
just look at the current prices have improved.

If the current bitcoin is below $ 3,000 then I am sure that your comment is true, but you can see that the bitcoin price has risen and increased dramatically when it passed the $ 10,000 mark. According to my analysis, the price of bitcoin will touch $ 13000 next week and will continue to recover to $ 19800.

I'm interested in how you analyze the current situation and what will happen in the future with Bitcoin. How did you do that, according to your rules, the next week will be decisive and Bitcoin's growth will be $ 13,000?

I'm not sure sure he did the analysis.
Requires special skills to analyze prices. At least he should master how to read the graph it may be an indicator to be able to analyze or predict the price of Bitcoin or altcoin.

[boynamnhi]

Price corrections do really happen and it's normal for a healthy market of bitcoin. Bubbles would just be considered if its price increase been affected by a temporary hype then suddenly crashes its price and this is not happening on bitcoin as of now since price wont really easily crash because of the strong supports on it which means crashing might not happen easily there posibility but only on minimal

[think3214]

about the price of bitcoin that has been bubbling. i'm sure in a short time will come down drastically again. because bitcoin is like bubble or balloon if in inflatable will get bigger but if it is too big he will erupt
 

Every market has its ups and downs. But I personally think Bitcoin is not a breakaway bubble. Bitcoin is gaining market share in the world and is well known. Bitcoin will never break down completely. Bitcoins are low but they will rise again. At present, bitcoin price is approaching $ 12,000.

[DevilSlayer]

When can you say the price of bitcoin is already or nearly bubble?

Do you expect that the price will dump in coming years?

Edit: On this year how is the bitcoin value soaring ... What I mean is how fast....

For me, I can't say that the price of the bitcoin is bubbled. I can consider that the value of the bitcoin is too volatile and not bubble. Bitcoin cannot easily lose its value because it is now powerful than before.

[phucngungoc]

We may see a few dips here and there, but investors have really fully trusted on it that every time the price falls, a lot of new faces join and enter the hype train. So I can't really see that bitcoin can fall three folds. We are currently laying foundation for what will happen in future and since the foundation is strong we expect that bitcoin will be number one currency

[Silberman]

it was a bubble when it was 20 thousand $ ,but now it's increasing price is real and belief to btc is more than two months ago

It was a bubble when bitcoin reached that price but many make the mistake of thinking that all of the growth was a bubble and that is simply not true that is why bitcoin right now is still trading above 10k which means that while some of the growth was in fact caused by a bubble created by new users investing in bitcoin there was a also a lot of real growth in the previous year.

[peter0425]

We may see a few dips here and there, but investors have really fully trusted on it that every time the price falls, a lot of new faces join and enter the hype train. So I can't really see that bitcoin can fall three folds. We are currently laying foundation for what will happen in future and since the foundation is strong we expect that bitcoin will be number one currency

So I guess we can all call it a bubble then. But a bubble that is going to be cyclical. It will be burst, but then again bounce back and bubbled again and the way bitcoin bubble repeats itself. But if I understand it correctly, a bubble (tulip and dotcom) was not able to recover that time, it died. However, crypto is different that's why I don't consider it one giant bubble as some Wall Street or Bankers would portray it.

it was a bubble when it was 20 thousand $ ,but now it's increasing price is real and belief to btc is more than two months ago

It was a bubble when bitcoin reached that price but many make the mistake of thinking that all of the growth was a bubble and that is simply not true that is why bitcoin right now is still trading above 10k which means that while some of the growth was in fact caused by a bubble created by new users investing in bitcoin there was a also a lot of real growth in the previous year.

New users come and go. Specially those erratic buyers during the hype on December. Sadly they got burned in Ja-Feb crashed. But they will be replaced soon by new investors or they will returned with a new set of mindset.

[Rebisco]

When can you say the price of bitcoin is already or nearly bubble?

Do you expect that the price will dump in coming years?

Edit: On this year how is the bitcoin value soaring ... What I mean is how fast....

The meaning of the term bubble here in the cryptocurrency world is when the value increased so high then suddenly it pop up and the value of the coin almost lose its value.The price of the bitcoin is not bubbled. The price of the bitcoin is too volatile and it the reason why the value of bitcoin is always decreasing and increasing.

[qwertyup23]

When can you say the price of bitcoin is already or nearly bubble?

Do you expect that the price will dump in coming years?

Edit: On this year how is the bitcoin value soaring ... What I mean is how fast....

Prices are still considered high as compared to last year's price. When you mean 'bubble', then expect bitcoin prices to decrease significantly continuously. As compared to its current situation, bitcoin prices are still continuously rising, despite having a massive breakdown from $20,000 to ~$10,000. Though one might consider it as a bubble, cryptocurrencies in general are still in the market and more investors are still seeking for potential skyrocketing of the price.

When can you say the price of bitcoin is already or nearly bubble?

Do you expect that the price will dump in coming years?

Edit: On this year how is the bitcoin value soaring ... What I mean is how fast....

The meaning of the term bubble here in the cryptocurrency world is when the value increased so high then suddenly it pop up and the value of the coin almost lose its value.The price of the bitcoin is not bubbled. The price of the bitcoin is too volatile and it the reason why the value of bitcoin is always decreasing and increasing.

That is the definition of a bubble. When a bubble happens on a certain product or service, people would start to lose interest and eventually pull-out their investments, resulting to an obsolete product in the market. As for bitcoin, many ICOs are popping-out and more countries are starting to accept it as an alternative payment for retail establishments or monthly obligations.

[strongwarrior238]

When can you say the price of bitcoin is already or nearly bubble?

Do you expect that the price will dump in coming years?

Edit: On this year how is the bitcoin value soaring ... What I mean is how fast....

I still doubt that bitcoin is a bubble. We can see that in the early days of 2018 bitcoin prices plunged from $ 19800 to $ 6,000, losing more than 70% of their value. I think that although the present time bitcoin may not be the bubble, it is inevitable. Currently, bitcoin prices are showing signs of recovery but not really strong.