is bitcoin bubble?

[SummerBliss]

Right now there is no bubble. User base isn't much and the target market is big. So whatever price rise is there is genuine according to high demand and a limited supply 650k Bitcoin a year which will keep on halving every four years. This trend will continue for a decade or so with some ups and downs. But a bubble will definitely build up later and will pop out too as demand only can't sustain a market until there is some unbeatable real use. But nothing to worry as for now.

[ivrynx]

bitcoin is not a bubble, i think people are just saying that bitcoin is a bubble since it is a new technology and they are comparing bitcoin back to the internet bubble, however it is so much different, if they try to compare bitcoin during the internet bubble, simply because both are using the internet, they might want to check back on their history, back then you can create websites, advertise and make profit, it became an internet bubble, because a lot of companies are so business savvy, that they can attract a lot of investors, however, what they lack is the technical knowledge, though the prices of their companies went up, they do not know what to do, and how to handle the situation in the end, a lot of internet companies were forced to shutdown and only a few good ones are left and became giants in their own right, however this is not the same with bitcoin, bitcoin doesn't have a CEO, bitcoin is technology and we cannot shutdown technology, especially at this time, we need technology in order for us to survive and when it comes to bitcoin, it uses block chain technology, which in turn, gives a us value, thus the price of of bitcoin. those who still think that bitcoin is a bubble, might also want to check the history of money, since bitcoin is also considered a currency and in time, i hope that they will realize that bitcoin will still grow and will worth a fortune.

[liuqi]

Right now there is no bubble. User base isn't much and the target market is big. So whatever price rise is there is genuine according to high demand and a limited supply 650k Bitcoin a year which will keep on halving every four years. This trend will continue for a decade or so with some ups and downs. But a bubble will definitely build up later and will pop out too as demand only can't sustain a market until there is some unbeatable real use. But nothing to worry as for now.

Now price is stable in the marketplace. We knew bitcoin price fluctuation is normal in the price chart. Need to wait the bitcoin price to bump if you are really looking for the bitcoin value to be top value. I would anytime bitcoin price is good to buy because potential of bitcoin will take to skyrocket value.

[Coffee135]

Right now there is no bubble. User base isn't much and the target market is big. So whatever price rise is there is genuine according to high demand and a limited supply 650k Bitcoin a year which will keep on halving every four years. This trend will continue for a decade or so with some ups and downs. But a bubble will definitely build up later and will pop out too as demand only can't sustain a market until there is some unbeatable real use. But nothing to worry as for now.

Loot is always there. It's not the reason. It seems to me that the price is stable because whales don't make large purchases. They are slowly buying up coins so as not to unbalance the market. After they buy out the entire volume of coins the price will go up again.

[Barcode_]

I think the person who is calling bitcoin a bubble doesn't really understand the technology and the advantage in using bitcoin, it is a decentralized currency that can't be control by banks, government or anyone, the true values of bitcoin lies in its technology itself and the demand of it in the market. Bitcoin provides every user the freedom in making payment to anyone worldwide easily, and I would predict the number of bitcoin users would just continue to grow daily, with higher demand, the prices would surely rise higher in the future.

[Ararbermas]

I reckon bitcoin is in a bubble this year; it will come crashing down after this last bull run to 5k maybe 5.5k. Then it will tumble down to 3k and lots of people will buy, and it will go up again to 3,8, and then it will crash again to 1,8.

Yes we already know about that volatility movement of bitcoin. .which is falling and rising its value time on time. And it didn't stay for a moment in a value. But its good that bitcoin is falling sometimes . It is a chance for us to buy a cheap price and  we can sell it when bitcoin rise again in a highest value. Instead of its getting higher and higher we cannot afford to buy  . And also this issue always happened even before that bitcoin is not yet popular  it always volatile . .

[nizamcc]

Bitcoin is not in a bubble atm considering too many big names being added to the list of investors as well as media helping it gain popularity through their ways of spreading the word out. We have seen constant growth without a one-shot pump because it took months to get over here and I feel we are yet to see that "bubble" thing happen in a few months from now. Stay calm and wait for the real action as Bitcoin is yet to achieve its real goal.

[suvo05]

there has been so many articles about this and I am not sure if the price is overpriced or not.

Actually some bitcoin gain its media attention much more when it hit 4000$ last august those media houses had no clue of bitcoin before they just know that bitcoin rise from 700$ to 4000$ in less than six month. So in their view of point it is nothing but bubble. But if you ask a bitcoin trader who is in the business for long time we would say bitcoin has enough potential to become more expensive .

[SummerBliss]

Right now there is no bubble. User base isn't much and the target market is big. So whatever price rise is there is genuine according to high demand and a limited supply 650k Bitcoin a year which will keep on halving every four years. This trend will continue for a decade or so with some ups and downs. But a bubble will definitely build up later and will pop out too as demand only can't sustain a market until there is some unbeatable real use. But nothing to worry as for now.

Loot is always there. It's not the reason. It seems to me that the price is stable because whales don't make large purchases. They are slowly buying up coins so as not to unbalance the market. After they buy out the entire volume of coins the price will go up again.

The reason behind the whale controlling the price is small market. There are bulk holders and can easily drive the price. But with time the distribution of bitcoin will get uniform and whale will lose the hold. Whales have nothing to do with bitcoin bubble. Bubble builds up when the only driving factor for the price of a commodity is demand without any intrinsic value. This will definitely happen but will take some years to pop up.

[CoinsCoinsEverywhere]

Right now there is no bubble. User base isn't much and the target market is big. So whatever price rise is there is genuine according to high demand and a limited supply 650k Bitcoin a year which will keep on halving every four years. This trend will continue for a decade or so with some ups and downs. But a bubble will definitely build up later and will pop out too as demand only can't sustain a market until there is some unbeatable real use. But nothing to worry as for now.

Loot is always there. It's not the reason. It seems to me that the price is stable because whales don't make large purchases. They are slowly buying up coins so as not to unbalance the market. After they buy out the entire volume of coins the price will go up again.

The reason behind the whale controlling the price is small market. There are bulk holders and can easily drive the price. But with time the distribution of bitcoin will get uniform and whale will lose the hold. Whales have nothing to do with bitcoin bubble. Bubble builds up when the only driving factor for the price of a commodity is demand without any intrinsic value. This will definitely happen but will take some years to pop up.

It is extremely unlikely that the distribution of bitcoin will become more uniform with time.  That's not how capital markets work.  As a whole, the rich continue to get richer because they have a significant advantage if they want and know how to use it to manipulate markets, which is even easier in the crypto space because of the lack of regulation.  The more money/bitcoins you have, the easier it is to make more.

[Carlsen]

Right now there is no bubble. User base isn't much and the target market is big. So whatever price rise is there is genuine according to high demand and a limited supply 650k Bitcoin a year which will keep on halving every four years. This trend will continue for a decade or so with some ups and downs. But a bubble will definitely build up later and will pop out too as demand only can't sustain a market until there is some unbeatable real use. But nothing to worry as for now.

Loot is always there. It's not the reason. It seems to me that the price is stable because whales don't make large purchases. They are slowly buying up coins so as not to unbalance the market. After they buy out the entire volume of coins the price will go up again.

The reason behind the whale controlling the price is small market. There are bulk holders and can easily drive the price. But with time the distribution of bitcoin will get uniform and whale will lose the hold. Whales have nothing to do with bitcoin bubble. Bubble builds up when the only driving factor for the price of a commodity is demand without any intrinsic value. This will definitely happen but will take some years to pop up.

It is extremely unlikely that the distribution of bitcoin will become more uniform with time.  That's not how capital markets work.  As a whole, the rich continue to get richer because they have a significant advantage if they want and know how to use it to manipulate markets, which is even easier in the crypto space because of the lack of regulation.  The more money/bitcoins you have, the easier it is to make more.

I think as well that every distribution of wealth is concentrating on individuls with time. That includes bitcoin.
Those who already have many will have more in the future. I think it is because the rich people have no reason to sell.
Poorer people have to cash out their coins in order to make a living. And those coins go to the rich people.

[justarmc]

Nobody knows the future. You can only say it is a bubble after it has burst. But as long as its up, its not a bubble. For years now bitcoin has shown long term growth consistently. Let the haters say its in a bubble, and let the few that are willing to invest out of their comfort zone, like those who still believe in bitcoin (count me in) reap the benifits..

[kriptotr]

Right now there is no bubble. User base isn't much and the target market is big. So whatever price rise is there is genuine according to high demand and a limited supply 650k Bitcoin a year which will keep on halving every four years. This trend will continue for a decade or so with some ups and downs. But a bubble will definitely build up later and will pop out too as demand only can't sustain a market until there is some unbeatable real use. But nothing to worry as for now.

Loot is always there. It's not the reason. It seems to me that the price is stable because whales don't make large purchases. They are slowly buying up coins so as not to unbalance the market. After they buy out the entire volume of coins the price will go up again.

The reason behind the whale controlling the price is small market. There are bulk holders and can easily drive the price. But with time the distribution of bitcoin will get uniform and whale will lose the hold. Whales have nothing to do with bitcoin bubble. Bubble builds up when the only driving factor for the price of a commodity is demand without any intrinsic value. This will definitely happen but will take some years to pop up.

The whale conditions is the reason that makes other thing this is a bubble. More participants will come into the market, and the ecosystem will be much more stable by the way.

[samsgrant]

Bitcoin is almost certainly a bubble to some extent but like most things that bubble, the bubble bursts but given time they rebuild and grow to even higher levels.

[CoinsCoinsEverywhere]

Right now there is no bubble. User base isn't much and the target market is big. So whatever price rise is there is genuine according to high demand and a limited supply 650k Bitcoin a year which will keep on halving every four years. This trend will continue for a decade or so with some ups and downs. But a bubble will definitely build up later and will pop out too as demand only can't sustain a market until there is some unbeatable real use. But nothing to worry as for now.

Loot is always there. It's not the reason. It seems to me that the price is stable because whales don't make large purchases. They are slowly buying up coins so as not to unbalance the market. After they buy out the entire volume of coins the price will go up again.

The reason behind the whale controlling the price is small market. There are bulk holders and can easily drive the price. But with time the distribution of bitcoin will get uniform and whale will lose the hold. Whales have nothing to do with bitcoin bubble. Bubble builds up when the only driving factor for the price of a commodity is demand without any intrinsic value. This will definitely happen but will take some years to pop up.

It is extremely unlikely that the distribution of bitcoin will become more uniform with time.  That's not how capital markets work.  As a whole, the rich continue to get richer because they have a significant advantage if they want and know how to use it to manipulate markets, which is even easier in the crypto space because of the lack of regulation.  The more money/bitcoins you have, the easier it is to make more.

I think as well that every distribution of wealth is concentrating on individuls with time. That includes bitcoin.
Those who already have many will have more in the future. I think it is because the rich people have no reason to sell.
Poorer people have to cash out their coins in order to make a living. And those coins go to the rich people.

It’s hard to determine exactly how many people have how much bitcoin because it’s hard to know how many wallet addresses any given person owns, but I think something like the top few percent own like 80-90% of the bitcoins.

In the normal fiat world, rich people have better access to credit at better interest rates for borrowing money, they get better rates and thus more interest when they lend money, they tend to have better access to insider info that makes it easier to invest successfully, they have access to potentially more profitable investments, they have the ability to move smaller markets by themselves which can start rallies or crashes that they can use to their advantage, etc.  Rich bitcoin holders can’t do as many of these things, but they should have the ability to move the markets to their advantage, if they so choose.

[iamTom123]

bitcoin is not a bubble, i think people are just saying that bitcoin is a bubble since it is a new technology and they are comparing bitcoin back to the internet bubble, however it is so much different, if they try to compare bitcoin during the internet bubble, simply because both are using the internet, they might want to check back on their history, back then you can create websites, advertise and make profit, it became an internet bubble, because a lot of companies are so business savvy, that they can attract a lot of investors, however, what they lack is the technical knowledge, though the prices of their companies went up, they do not know what to do, and how to handle the situation in the end, a lot of internet companies were forced to shutdown and only a few good ones are left and became giants in their own right, however this is not the same with bitcoin, bitcoin doesn't have a CEO, bitcoin is technology and we cannot shutdown technology, especially at this time, we need technology in order for us to survive and when it comes to bitcoin, it uses block chain technology, which in turn, gives a us value, thus the price of of bitcoin. those who still think that bitcoin is a bubble, might also want to check the history of money, since bitcoin is also considered a currency and in time, i hope that they will realize that bitcoin will still grow and will worth a fortune.

The more am reading about the possibility that Bitcoin can be a big bubble the more I realize that maybe people really don't understand at all the history of bubbles when they applied it to Bitcoin. Since the market is getting bigger for Bitcoin and there is a limited supply, the price has to rise. But this rise is always checked by many corrections along the way...these corrections are providing the needed bumps and humps so that at the end Bitcoin can avoid bubbling.

In my opinion, a bubble can happen when people will stop buying into a certain investment or even a product due to many factors. And since there is less buyers and maybe more sellers and people decided that a certain tool has no value anymore, the value will plummet and less people will pick it up or buy it again even at a very low price. This happened actually to many altcoins leading to their deaths.

Will this happen to Bitcoin? No one knows the future for sure we can only speculate and wait.

[arpon11]

there has been so many articles about this and I am not sure if the price is overpriced or not.

Bitcoin is under price or undervalued as at now as there is going to be a long way upward movement. We have not started yet and days is coming when we would look at were we are today as a child play. We should buy now as today price may be the cheapest you can ever get in years to come.

[onrise]

Nobody knows the future. You can only say it is a bubble after it has burst. But as long as its up, its not a bubble. For years now bitcoin has shown long term growth consistently. Let the haters say its in a bubble, and let the few that are willing to invest out of their comfort zone, like those who still believe in bitcoin (count me in) reap the benifits..

So far its being the best which has provided the users huge earning potential on their investment if made at correct times. Though I have read in couple of news paper and JPM CEO says its a fraud and bubble is about to burst. It seems to be incorrect for now as the price is in the range bound currently and hope it rises a smooth ride in future.

[jjacob]

Nobody knows the future. You can only say it is a bubble after it has burst. But as long as its up, its not a bubble. For years now bitcoin has shown long term growth consistently. Let the haters say its in a bubble, and let the few that are willing to invest out of their comfort zone, like those who still believe in bitcoin (count me in) reap the benifits..

So far its being the best which has provided the users huge earning potential on their investment if made at correct times. Though I have read in couple of news paper and JPM CEO says its a fraud and bubble is about to burst. It seems to be incorrect for now as the price is in the range bound currently and hope it rises a smooth ride in future.

It doesn't matter when you invested. What matters is how long you held it for.
Even those who invested before the 2013 crash made money, if they were patient enough.

[sasaku bitbit]

there has been so many articles about this and I am not sure if the price is overpriced or not.

Bitcoin is under price or undervalued as at now as there is going to be a long way upward movement. We have not started yet and days is coming when we would look at were we are today as a child play. We should buy now as today price may be the cheapest you can ever get in years to come.

We recommend that if you want to buy ata seller bitcoin certainly sure you chose the right time to be a big benefit, then it is currently happening a bitcoin unstable bubbles as I am sure bitcoin is still in the position changeable so that movement of the bitcoin increases hold. I am also waiting for the right moment to buy some of the bitcoin