Is Bitcoin a Bubble?

[BitHodler]

Bitcoin can not currently say bubbles because they have not actually broken. Even last month the bitcoin gets big and the price is high but now the bitcoin has not gone down until the value is zero so bitcoin can still go back up again.bitcoin can tell bubbles if bitcoin it will fast big and then broke in instant.

Ignore those who talk about bubbles. Bitcoin was a bubble back in the $400-$500 days, and it still is today. In other words, it's a continuous bubble that keeps growing larger and larger throughout the years.

Once we're about the break through the $50,000 mark, Bitcoin will again be a bubble, which is something that will never stop. People who don't understand why Bitcoin has value in the first place, will even say that $100 is a bubble.

I however find it quite funny that despite these people not valuing Bitcoin, they still find it necessary to talk about it regularly, like it's part of their job. If you don't like something, then just ignore it, it's that simple.

It however has to do with them having missed the early train, that I am sure of.

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[Herressy]

I believe bitcoin is not a bubble but it can be a bubble i mean tbe price can be gone anytime, this can be lost the price if nothing want to invest in bitcoin and no one will use it.

[Jaydis]

If bitcoin a bubble then this currency has no chance to increase the value once again to go back in its power after decreasing the price.

[AidenCasanova]

there is already calculation about bitcoin price, check it by yourself.. so much about it in internet
the one i like the most is about linear regression
with that line we can compare current price and linear regression line
bubble if current price is move too much the line, just like when BTC price about $19k USD
according to that, i can said that current price is normal
you can use another type of analisis before said it is bubble or not

[spraypaint]

Many people say that btc is a bubble and to justify use a lot of arguments but these people forget that btc has a product behind all this value and that product has its purpose.

[Aureliusy]

There are only 21 million bitcoin vs  There is an unlimited central money $ press.

[healthbase_digital]

To me a "bubble" is a good thing in tech to an extent. Sure if you look short term there is risk. However for the longevity of cryptos and blockchains the money brings attention and it will then bring entrepreneurs and developers. This in the long term will bring innovation. Think of it like the internet "bubble" sure we had pets.com and a bunch of scams and a bunch of failures but we also had companies like amazon and paypal. Look at our tech sector now it is booming again. If you are looking to get rich quick and easy sure be worries but if you want to build something great then this is something to relish. 

[mwinter]

Bitcoin has become the ultimate bubble. The Bitcoin implementation has paved the way for a new era of technology, no doubt about it. From a technological point of view, Bitcoin is now nothing else but a dinosaur. Prices have reached a level where one can only wonder who these "investors" are and what they know about cryptocurrencies. If you want to learn more about why you should consider staying away from Bitcoin, just read my article on Steemit: https://steemit.com/bitcoin/@mwinter/why-you-may-want-to-reconsider-entering-the-bitcoin-market

[spyerf]

It's important to distinguish between a bubble and a deflationary currency. Bitcoin is a deflationary currency.

This is a ridiculous post that makes no sense.  It's irrelevant that bitcoin is
deflationary.  Bitcoin is all about supply and demand, and right now the demand is
extremely high.  But what happens if all the jokers who piled into the market suddenly
want to sell at the same time?  BUBBLE POPS.  The deflationary nature of btc
does not rule out such an event.

agree with your opinion, if bitcoin is just a bubble, it will not take long bitcoin to dominate the market, bitcoin value only at zero bia position there is no user or investor who invest money in bitcoin. and in fact the value of bitcoin remains high and still rises.

[richmcrich]

It is not a bubble...we are in a speculative stage but it will stabilize. That is where the bubbles becomes the normal way

I am amazed to see the response from many peopleaboutbitcoins. Actually there is a conception about it that if something is stable then it is okay but on the flip side if something is not that much stable, it shakes like anything than yes this bubble. But I think in the case of bitcoins, they are not bubble. This is the nature of them to shake up and down, so not bubble.

[beej]

If bitcoin a bubble then this currency has no chance to increase the value once again to go back in its power after decreasing the price.

I also think bitcoin is no bubble, If it was it would't increase again after
it's price went down. Even when it went down again after it's highest
increased so far, it's still climbing up again. It reached 18k dollars it's
record high on 2017, it dominated the cryptocurrency then and is still
is now. I find it normal for people to speculate bitcoin as a bubble but
all it did so far was strengthen it's esteemed image, dominance and
popularity.

[Anco_Marzio]

Something is a bubble when its value depends only from collective trust.
Of course this is true for bitcoin, but please note that it's the same for usual fiat money.
Why nobody asks: "Is dollar a bubble?"

[Tavarez]

this is far from the bubble. btc has a huge support, strong community. best recognized coin in the world and the price 13.5K is ok, probably won't drop below 10k. April should be a month for price jumps (many people expect to see btc over 20k). good luck

[payyy]

No. god.. how many times is it going to be asked? Came on guys, at least, be more creative, do not ask the same question all over the day once and once again.. it is boring.
Bitcoin is not a bubble, since it has features to offer.

[cr_liev]

If it's a bubble, you still have time to make a fortune out of, ensure good living for some future years and forget about this bubble. Bitcoin will be gone and something else will come. Easy, easy! 

[faceoff97]

It will always be a bubble. Bitcoin is a bubble. Every time that it will pump up and the price is dumping it is considered a bubble but bitcoin is always regaining it's status and multiple times it did break its own record. Technically, the action seems a bubble.

Bitcoin seem like to be a bubble because of it pumping and dumping price. This is what bitcoin is known to be, it never grts stable until it finally reach the majority of the people. I dont think that a single individual may cause its value to suddenly dump it. Its price is all dependent to its holder and it's increasing demand. Bitcoin will only get zero once people stop using it and step trusting it. But what I can see is that, its becoming more in demand in the market abd gaining popularity even more.

People would really see it as something not suspicious, but the truth is that they just really don't know what really happening and what bitcoin us all about. Bitcoin will never be a bubble.

[mOgliE]

Hi,

I think it is actually hard to determine if there is indeed a bubble... as long as it has not burst!

The analogy seems pretty accurate. If you consider the graphs, it is striking to see how it corresponds. BUT. There is one big difference with the bubble we have already experienced: this one is not relying on anything "real". What I mean is that, of course, you can grasp a tulip. You can touch a house. Even with the internet bubble, there were companies with tangible assets.

In the case of bitcoin, things are pretty different. Indeed, it has always been 100% digital. You can't print bitcoin. This "market" has never been tangible.

I'm not saying that there is not bubble. I am not saying it won't burst. I just say that the situaton itself is quite different, so maybe the economic model will be too.

[NicG13]

There is no simple answer to this question and depending on a number of factors it could turn out to be a bubble or not.

[jaysabi]

Bitcoin can not currently say bubbles because they have not actually broken. Even last month the bitcoin gets big and the price is high but now the bitcoin has not gone down until the value is zero so bitcoin can still go back up again.bitcoin can tell bubbles if bitcoin it will fast big and then broke in instant.

Ignore those who talk about bubbles. Bitcoin was a bubble back in the $400-$500 days, and it still is today. In other words, it's a continuous bubble that keeps growing larger and larger throughout the years.

Once we're about the break through the $50,000 mark, Bitcoin will again be a bubble, which is something that will never stop. People who don't understand why Bitcoin has value in the first place, will even say that $100 is a bubble.

I however find it quite funny that despite these people not valuing Bitcoin, they still find it necessary to talk about it regularly, like it's part of their job. If you don't like something, then just ignore it, it's that simple.

It however has to do with them having missed the early train, that I am sure of.

More like people who don't understand that Bitcoin has no inherent value in the first place don't understand what bubbles are. Bitcoin's price is entirely made up by consensus and is therefore arbitrary. Unlike a lot of things that also are valued through consensus, Bitcoin lacks wide-scale adoption, meaning the number of people reaching consensus on value is extremely small and shallow, and therefore much more likely to be an outlier than say the value of the USD which is valued through consensus by hundreds of millions of people (on the low end). Bitcoin's price is made up by a small number of people screaming into an echo chamber and slowly more people get sucked in at already higher initial prices, so it doesn't look crazy to them. But eventually, you will run out of new people to get sucked in, and you are left with only your small echo chamber, and there's no one to sell your coins to anymore at higher prices. That's when the bubble pops. Perhaps we are in that phase now that the price is on a heavy and steady decline. Only time will ultimately tell.

[ConanTheHODLer]

Bitcoin can not currently say bubbles because they have not actually broken. Even last month the bitcoin gets big and the price is high but now the bitcoin has not gone down until the value is zero so bitcoin can still go back up again.bitcoin can tell bubbles if bitcoin it will fast big and then broke in instant.

Ignore those who talk about bubbles. Bitcoin was a bubble back in the $400-$500 days, and it still is today. In other words, it's a continuous bubble that keeps growing larger and larger throughout the years.

Once we're about the break through the $50,000 mark, Bitcoin will again be a bubble, which is something that will never stop. People who don't understand why Bitcoin has value in the first place, will even say that $100 is a bubble.

I however find it quite funny that despite these people not valuing Bitcoin, they still find it necessary to talk about it regularly, like it's part of their job. If you don't like something, then just ignore it, it's that simple.

It however has to do with them having missed the early train, that I am sure of.

More like people who don't understand that Bitcoin has no inherent value in the first place don't understand what bubbles are. Bitcoin's price is entirely made up by consensus and is therefore arbitrary. Unlike a lot of things that also are valued through consensus, Bitcoin lacks wide-scale adoption, meaning the number of people reaching consensus on value is extremely small and shallow, and therefore much more likely to be an outlier than say the value of the USD which is valued through consensus by hundreds of millions of people (on the low end). Bitcoin's price is made up by a small number of people screaming into an echo chamber and slowly more people get sucked in at already higher initial prices, so it doesn't look crazy to them. But eventually, you will run out of new people to get sucked in, and you are left with only your small echo chamber, and there's no one to sell your coins to anymore at higher prices. That's when the bubble pops. Perhaps we are in that phase now that the price is on a heavy and steady decline. Only time will ultimately tell.

Is this your first crypto crash?