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Author Topic: Bitcoin is a bubble  (Read 1286 times)
PacePay
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September 30, 2017, 09:33:43 PM
 #41

Looking at bitcoin-like goods is important because the effect of news is different. Like oil prices, bad news and horror often increase oil prices. Hurricane in the Gulf? Conflicts in other gates? Higher oil prices due to limited supply. You can feel this at your gas pump all your life, but never think of buying oil to profit from this phenomenon.
Many people are skeptical or negative about bitcoin, and it is confirmed when "bad news" appears, but is confused about why prices are rising. Many times, bad news reduces supply.
I think every picture has two side, positive one and negative one. If you will keep on looking at negative side, then I think there is no way that you can get the real picture of what that thing is actually. You need to remain positive in your thoughts for utilizing those opportunities in a positive way. Simple is this, Bitcoin is the best thing.
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September 30, 2017, 10:12:10 PM
 #42

currently bitcoin is very unstable and raises anxiety on all bitcoin users, plus bitcoin bitcoin issues will be destroyed. I always hope for bitcoin to rise again without china.
The entire crypto currency market is really unstable and the risks are real because the market will react to every news and it could impact the market,i wont say that the price of bitcoin is a bubble,if you consider the limited amount of coins the price could price further with more investments flowing into the market.
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September 30, 2017, 10:14:43 PM
 #43

This bitcoin bubble is not possible, bitcoin is creating a currency in the gital that can make money in the real world and certainly many choose to play bitcointalk.
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September 30, 2017, 10:32:05 PM
 #44

Bitcoin got volatility unlike gold. He is saying it like that's something bad and to be ashamed of. Well as a matter of fact it's whats going to make bitcoin worth more than gold and more valuable than anything that came before it. People are untitled to their opinions even if it sucks and they make it look like a smart one.
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September 30, 2017, 10:36:40 PM
 #45

I really don't think that Bitcoin is bubble. If there is a bubble and that is the current finance system built on capitalism.
Bitcoin is not a bubble. Bitcoin is a revolutionary technology that will make it possible in the future to completely replace fiat money and simplify mutual settlements.

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September 30, 2017, 10:43:33 PM
 #46

"Bitcoin today you can't make much transactions in it. You can't spend it very easily ... Bitcoin is a bubble," Ray Dalio said on CNBC's "Squawk Box" Tuesday.
It's not an effective storehold of wealth because it has volatility to it, unlike gold," Bridgewater Associates founder tells CNBC.

What can you say about it  based on you own point of view?

Why do people like to say this every time??/Bitcoin is not a bubble pls and they should invest in other coins if they don't like it

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September 30, 2017, 10:44:46 PM
 #47

A lot of negative issues lately, it makes some beginners Btc seekers become anxious, but it is stirred from the angle of each pemahan. although btc is a volatile virtual currency but it remains to the point that more and more people are looking for it and getting more and more popular.

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September 30, 2017, 10:51:00 PM
 #48

It is like who cares about what this insecure individuals may say, they do have free speech either but without critical thinking. This month is a mud throwing from media and traditional financial system advocates who close they're mind to innovation and taking a stand against bitcoin because of greed and self interest. Let those "intellectual men" or "professional blackpropagandist" speak and let the bitcoin users and investors laughed at them.

If Bitcoin is a nightmare for them, let them sleep with it whole of they're life. And we bitcoiners will live on paradise.
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September 30, 2017, 11:37:25 PM
 #49

Maybe he thinks that way because he does not yet understand fully about bitcoin. For what we are arguing about, it's good that we as bitcoin hunters here increase our hunt, do not think about that opinion, because it will weaken our minds and make us lethargic bitcoin hunting if we listen too much,

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September 30, 2017, 11:39:22 PM
 #50


I know one thing, when this noise ends, panic, bitcoin starts to go up. People will start buying a little. Bitcoin will become less in circulation, but more will be in the hands of people. Bitcoin is smaller on the market and it will grow. now and will grow my beloved currency monero also
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September 30, 2017, 11:42:15 PM
 #51

Maybe he thinks that way because he does not yet understand fully about bitcoin. For what we are arguing about, it's good that we as bitcoin hunters here increase our hunt, do not think about that opinion, because it will weaken our minds and make us lethargic bitcoin hunting if we listen too much,
Well if you are seen any some news out there i think better to check the background first to know because there are some news are actually true that can affect the bitcoin price..
For now we are seeing more price increase and i think we will see more price increase soon because ICO are regulated in china and most the of the support Altcoin as of now is NEO supported by china base in what i read in some thread here in forum ..

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September 30, 2017, 11:46:25 PM
 #52


I know one thing, when this noise ends, panic, bitcoin starts to go up. People will start buying a little. Bitcoin will become less in circulation, but more will be in the hands of people. Bitcoin is smaller on the market and it will grow. now and will grow my beloved currency monero also
For me all the issues about bitcoin, I will ignore, because I've been stuck with the issue of bitcoin
I panic and sold the bitcoin I had, after I sold it, the bitcoin price went up Sad

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Realist247
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October 01, 2017, 12:50:36 AM
 #53

This has been brought out many times over the past weeks why make a new topic ? Stop it !
If you feel bitcoin is a bubble or want to entertain idiots opinions then please leave. Give up on BTC sell all of what you have and leave.
Noone needs this Fud crap. You only trying to cause trouble. If you want to talk about this go find one of the many topics already made and stop poluting these forms with crap.

Thank you.

Don't offend the crybaby and his Ponzi scheme machinations  Cheesy
Realist247
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October 01, 2017, 12:52:52 AM
 #54

for now it's just bitcoin to purchase something is very limited, most people use bitcoin as an investment and their savings in the future. I myself rarely use bitcoin as a means of payment. I use more cash than bitcoin. in the future bitcoin will multiply that use it as payment


When people admit that they just put money into something and never use it for its actual intended purpose, that's when one knows it something a bubble.
Realist247
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October 01, 2017, 12:54:38 AM
 #55

Maybe he thinks that way because he does not yet understand fully about bitcoin. For what we are arguing about, it's good that we as bitcoin hunters here increase our hunt, do not think about that opinion, because it will weaken our minds and make us lethargic bitcoin hunting if we listen too much,

This weakens my mind in trying to figure out what is being said.  Make sense please.  English isn't my first language either but this is embarrassing.
Realist247
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October 01, 2017, 12:57:10 AM
 #56

This bitcoin bubble is not possible, bitcoin is creating a currency in the gital that can make money in the real world and certainly many choose to play bitcointalk.

A bubble is "not possible"?  Lies like this is why I feel such contempt for 99% of those posting on this forum since they cannot prove or otherwise make sense of anything that they post.
Realist247
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October 01, 2017, 12:59:14 AM
 #57

Looking at bitcoin-like goods is important because the effect of news is different. Like oil prices, bad news and horror often increase oil prices. Hurricane in the Gulf? Conflicts in other gates? Higher oil prices due to limited supply. You can feel this at your gas pump all your life, but never think of buying oil to profit from this phenomenon.
Many people are skeptical or negative about bitcoin, and it is confirmed when "bad news" appears, but is confused about why prices are rising. Many times, bad news reduces supply.
I think every picture has two side, positive one and negative one. If you will keep on looking at negative side, then I think there is no way that you can get the real picture of what that thing is actually. You need to remain positive in your thoughts for utilizing those opportunities in a positive way. Simple is this, Bitcoin is the best thing.

So everyone should just subscribe to "The Secret" on their Facebook feeds?  The power of positive thinking?   Oh yea...historically that worked.  OMG.
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October 01, 2017, 01:01:17 AM
 #58

for now it's just bitcoin to purchase something is very limited, most people use bitcoin as an investment and their savings in the future. I myself rarely use bitcoin as a means of payment. I use more cash than bitcoin. in the future bitcoin will multiply that use it as payment


When people admit that they just put money into something and never use it for its actual intended purpose, that's when one knows it something a bubble.
the opportunity for rising prices is wide open as most people believe that bitcoin prices will increase.
so storing bitcoin over a long period of time is a lucrative thing, when it happens then the bubble can manifest.
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October 01, 2017, 01:05:43 AM
 #59

for now it's just bitcoin to purchase something is very limited, most people use bitcoin as an investment and their savings in the future. I myself rarely use bitcoin as a means of payment. I use more cash than bitcoin. in the future bitcoin will multiply that use it as payment


When people admit that they just put money into something and never use it for its actual intended purpose, that's when one knows it something a bubble.
the opportunity for rising prices is wide open as most people believe that bitcoin prices will increase.
so storing bitcoin over a long period of time is a lucrative thing, when it happens then the bubble can manifest.

96% of Bitcoin is owned by 4% of those involved with it.  Imagine if this 4% believes that it is a speculative bubble like I do.  Then what are you going to do when this minority sells?  Storing bitcoin over a long period of time is lucrative?  Seeing as how past performance is not indicative of future results, you sound like bottom scraping funds manager from a tiny city with that statement.  How do you know that the bubble isn't already at hand?  It makes me laugh how you people can just make up whatever sunshine and rainbows that you want to pull out of your collective asses.
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October 01, 2017, 01:48:28 AM
 #60

Everything is valued based on supply and demand. When the popularity and demand is high, I’m sure there’s a value in it. Gold has its value today because of its long history of demand globally. If no one wants to buy and keep gold in future, then a piece of gold is nothing difference from a stone, do you agree? Same applies to bitcoin, as long as there’s a demand, it would have its value too. Don’t forget, both Gold & Bitcoin has finite supply.
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