Are we in a bubble?

[devollito]

Yes we are in bubble..bitcoin and another alt coin will burst and take anothe4 deep in this month. Maybe untill next years..i will wait bitco8n at $1000 or maybe $800. And will but many bitcoin if the deep reach that price. Hold tight bro..we are in the bigest roller coster in the world..

[Archimedes]

Yes we are in bubble..bitcoin and another alt coin will burst and take anothe4 deep in this month. Maybe untill next years..i will wait bitco8n at $1000 or maybe $800. And will but many bitcoin if the deep reach that price. Hold tight bro..we are in the bigest roller coster in the world..

think you're going to be waiting a very long time if you're waiting for $800 or $1000 btc

[TheAwkwardBrit]

Yes we are in bubble..bitcoin and another alt coin will burst and take anothe4 deep in this month. Maybe untill next years..i will wait bitco8n at $1000 or maybe $800. And will but many bitcoin if the deep reach that price. Hold tight bro..we are in the bigest roller coster in the world..

Dream on...

[realm]

If we are in a bubble it's just starting to form. Remember we are not even close to the dot com's bubble magnitude. The only question to me is, if it's a bubble which will be the projects to survive and rule ones it pops? Select carefully.

[Geoff999]

So in my opinion:

PARTS of the crypto world are in a bubble - some of these ICO coming out now are just utter rubbish, getting 30+ m in funding without having a working product? Ludicrous, these coins are definately in a bubble.

HOWEVER, other coins like Bitcoin, Ethereum etc which have been proven, and have a purpose I believe are just getting started in the long term

[TeenHunkSuperStar]

Once crypto hits a trillion dollar market cap then you can start being concerned.

[Getmon]

I personally think that it's debatable. The focus shouldn't be whether we are or not in a bubble, but if that bubble is helping push and refine emerging technologies to the masses. If there's progress pushing the blockchain then why not? BTC has always surpassed doomsayers expectations and came out in better shape.

I've written my thoughts about this subject in the following blog post.

What do you think?

Well, the entire world works in a bubble actually. The system, the paradigm, the status quo, and so on are resting on glass foundation. Time will always come for these to end. But right now, the end is not yet in sight and what we should be doing is getting the most out of it. The technologies change always. Hopefully for the better.

[Jating]

Yes we are in bubble..bitcoin and another alt coin will burst and take anothe4 deep in this month. Maybe untill next years..i will wait bitco8n at $1000 or maybe $800. And will but many bitcoin if the deep reach that price. Hold tight bro..we are in the bigest roller coster in the world..

think you're going to be waiting a very long time if you're waiting for $800 or $1000 btc

LOL. I seriously doubt that we can ever touch that price again. Its more than half of the current price and the only thing I can think of such scenario happening is that big whalers dump their coins and shift to altcoin market. Do you think that they are stupid to do not? I don't think so. So this scenario is nearly impossible.

I don't think that we are in a bubble. This is already 2017 and a lot of investors is already in bitcoin. We even have a country that is backing up the market. Japan and Australia. The price decline now is due to the China announcement about banning ICO and local exchanges. Its not that a bubble has been burst.

[alva5763]

In the last few weeks there was talk btc reaching $5000 in October. This was when btc,and other coins, were rising on a daily basis. There has now been a drop, quite large in some cases, in coins. No doubt some will panic and sell. As with most investments the price will recover but it will just take longer for btc to reach $5000.

[macaron]

In the last few weeks there was talk btc reaching $5000 in October. This was when btc,and other coins, were rising on a daily basis. There has now been a drop, quite large in some cases, in coins. No doubt some will panic and sell. As with most investments the price will recover but it will just take longer for btc to reach $5000.

Agreed. But definitely we are not in a bubble yet. Prices have been dropping due to the recent news from China causing many to panic and sell. But I believe prices will stabilise soon and within a few weeks things should go back to normal. Your thoughts?

[lissics]

We are definitely in a bubble. But nobody knows when it will pop, can be any time.

[Michael_Gims]

The only question to me is, if it's a bubble which will be the projects to survive and rule ones it pops? Select carefully.

I agree, there are a lot of altcoins who won't survive because tere is no real project, they are just copies of litecoin or other coins

[Raphal]

This issue has been talked about a lot lately, though not bothering about it, but I still want to give my opinion. We are in a bubble, and this bubble can grow bigger, it will not break if it does not get too much impact from the environment (governments).

[storm122]

Yes, see the price surge the last 6-9 months, nothing can explain that, so defenitely this is a bubble.

[Eugenius2]

I believe yes. The question is how the bubble behaves this time...

I can imagine it to be very dynamic, which means blasting and growing at the same time continuously until the infrastructure is set and we have a fully split society of e-citizens and those who are left behind, not even knowing what a bitcoin and blockchain really is.

[octopus]

we not in a bubble. But we are in dangerous zone now. If China ban crypto. that will be a long nightmare for us

[Yaneman]

In my opinion we're still far away from the bubble to burst. This is just a correction, nothing wrong with it

[CoinratZ]

In my opinion we're still far away from the bubble to burst. This is just a correction, nothing wrong with it

I love to float in this bubble! It bubblicious!

[JanpriX]

I personally think that it's debatable. The focus shouldn't be whether we are or not in a bubble, but if that bubble is helping push and refine emerging technologies to the masses. If there's progress pushing the blockchain then why not? BTC has always surpassed doomsayers expectations and came out in better shape.

I've written my thoughts about this subject in the following blog post.

What do you think?

I must say that we are just entering the bubble and we are still in its early stage. I wouldn't stress myself out regarding whether we are in the bubble or not. With all the money that's entering the cryptospace day by day, I can say that this rush of money helps the technology to improve as the devs are having more resources to test their ideas.

I'll read your blog post in a few hours. Thanks in advance in providing additional reading materials regarding BTC.

[gedor]

Not everyone makes a lot of money now. It is seen like a big bubble if you are not in it. It's a black hole rather than a bubble that everyone enjoys it.