Is Bitcoin a Bubble?

[Xenoph0bia]

With a market capital of $130 billion, Bitcoin is too strong of a cryptocurrency to be in a financial bubble any longer. Though the coin is volatile and its prices can go high and low, the coin can no longer be banished as it is too widespread.
Also, the coin is heading towards being a mainstream currency. Currently, the coin is being used more as an investment asset with good amount of profit gains and also a medium to make transactions throughout the world.

[Redredred]

Bitcoin being termed as a bubble could be because of the decentralization future with Blockchain Technology. It is seen that almost all the time the price of Bitcoin is solely determined by the number of investors or holders trading the currency at any moment in time. This cause diverse fluctuations and it is unlike the traditional systems where the currency and economy is controlled by the government and other sectors.

[Argoo]

Yes, bitcoin is really a financial bubble and it is forced to recognize more and more of its users. To the bubble, the bitcoins were brought by the investors themselves, who after the purchase try to keep it to profit from the growth of its price. Since the offer for sale is small, and the demand for bitcoin is growing, its price really increases and at the same time its bubble grows. This in any case will someday lead to panic when the volatility to lower the bitcoin rate simultaneously coincides with negative information about the crypto currency. Some of the nervous will regard the fall in the rate as a manifestation of this negative information and will sell their very expensive bitcoins. From this, the price of bitcoin will continue to fall and panic will begin here. This will lead to virtually devaluation bitcoin. This is what the greed of investors will inevitably lead to.

[lastnumber]

At the financial, business level. Bitcoin may be a bubble. People buy when Bitcoin is low and sell when Bitcoin is high. Bitcoin moves from one person to another. When Bitcoin reaches its peak, the Bitcoin keeper holds the fire, and Bitcoin explodes. So, investing and trading Bitcoin is a very difficult job. Do not risk if you do not get the full knowledge of it.

[infinity2018]

At the financial, business level. Bitcoin may be a bubble. People buy when Bitcoin is low and sell when Bitcoin is high. Bitcoin moves from one person to another. When Bitcoin reaches its peak, the Bitcoin keeper holds the fire, and Bitcoin explodes. So, investing and trading Bitcoin is a very difficult job. Do not risk if you do not get the full knowledge of it.
[/quote)

Bitcoin is not a bubble because if it is bubble Bitcoin will not come this far of existence.

[bowals]

Moments and articles like this make me wonder many things but then only time would tell. About the utility, it's suppose to be a means of tender, whether it has value or not isn't supposed to matter or is it?

[Keyboard PC]

I do not think bitcoin is like bubbles if bitcoin like bubble seems like it is impossible because bitcoin price when it rises and very high after that price collapsed but can do price recovery so not suitable if you mention with bubble name, more suitable if it said wave.

[Wilfrer]

I understand its meaning. However, I do not think Bitcoin will burst like a bubble. Because it has a solid foundation and it will grow in the future. Perhaps on the road to development, it will be difficult. However, I still believe in Bitcoin, which is the currency of the future

[Xising]

Wall street grows ever more certain Bitcoin is a bubble. I can't even say they're wrong. Flirting with $6000 per coin and low economic utility? For as dumb as Jamie Dimon sounds every time he says anything about Bitcoin, the tulip bubble analogy looks less and less inappropriate all the time.

In a note to clients published on Thursday, analysts at UBS took a long look at Bitcoin, cryptocurrencies, and the blockchain technology that underwrites this whole enterprise.

Looking only at pricing, UBS said that, “a twenty-fold increase in bitcoin prices in just two years, and an absence of any fundamental economic backing, cryptocurrency prices are almost certainly a bubble.”

Blockchain utility doesn't make crypto not a bubble. That'll be important to remember for people buying now expecting to make big gains at this cost basis, and there's real risk there.

I don't think it can be considered a bubble now. I think that assumption has been present everytime Bitcoin goes down and experiences a stagnant movement. However, once it goes back up, all those who say that it's a bubble suddenly changes their minds and believes in it again. I think that's just how the coin works, it's trend is to dip and dip, and then surge back up in value again. If you are a true cryptocurrency follower, you should have known that already.

[Mariksa]

I think and hope that bitcoin will continue growing and become more stable in the future. As for bitcoin as a bubble, it depends on how you look at this. It can be expected that the price can quickly fall and in the same way it can increase in many times. 

[jak3]

Bitcoin is much more than a bubble. It's not absolutely right to call Bitcoin as a bubble because there are many reasons both logically and practically which causes Bitcoin price increase in the market. There is very less chance for being Bitcoin a bubble, Bitcoin is facing a lot of problems right now but still not losing its market value and reputation which is causing more and more people to join the market and keep holding their funds. Which is helping to recover the rareness of the coin as the market is having sortage of coins.

[SearchingforS]

It may be so. But I suppose that everything is a bit more complicated and interesting. Just a simple bubble can't contain such a great technology inside.

[Dansamiv]

In the success of bitcoin there are always negative reflections from the means about bitcoin that bitcoin is the bubble. 2013-2014, bitcoin has great difficulty for many reasons (this is one of them). 2015-2017, bitcoin has been a great success. Even so called crypto world history but there are also such negative reactions. Now, knowledge and belief will determine more than the value of the market.

[Anait]

It is not a bubble, but the way it grow has made people find it to be a bubble. This will change when it gets the importance similar to traditional currency. Even now due to the steep price increase and decrease in a short time period people consider it as a bubble.

[katiecbell]

At the financial, business level. Bitcoin may be a bubble. People buy when Bitcoin is low and sell when Bitcoin is high. Bitcoin moves from one person to another. When Bitcoin reaches its peak, the Bitcoin keeper holds the fire, and Bitcoin explodes. So, investing and trading Bitcoin is a very difficult job. Do not risk if you do not get the full knowledge of it.

I do not think Bitcoin is a bubble and you should also give proof and arguments about why you think it is a bubble. There has been times when the price has dropped to the record low position but with the passage of time, the appreciation in the value continues and this appreciation attracts more and more potential investors to invest which gives more strength to the coin. SO keeping all the things in mind, I cannot say it is a bubble.

[liuziwenfree]

Bitcoin has perfectly interpreted what is meant by being reasonable. When Bitcoin emerges with the new features it brings, it has long been destined that the market cannot eliminate it in the short term.
Once Bitcoin becomes popular and recognized, BTC will become very valuable!

[TooDumbForBitcoin]

It is not a bubble, but the way it grow has made people find it to be a bubble. This will change when it gets the importance similar to traditional currency. Even now due to the steep price increase and decrease in a short time period people consider it as a bubble.

It is a bubble my friend! Let's appeal to definition by Investopedia https://www.investopedia.com/terms/b/bubble.asp . Does you still say that it is not bubble?

[dinar99]

Wall street grows ever more certain Bitcoin is a bubble. I can't even say they're wrong. Flirting with $6000 per coin and low economic utility? For as dumb as Jamie Dimon sounds every time he says anything about Bitcoin, the tulip bubble analogy looks less and less inappropriate all the time.

In a note to clients published on Thursday, analysts at UBS took a long look at Bitcoin, cryptocurrencies, and the blockchain technology that underwrites this whole enterprise.

Looking only at pricing, UBS said that, “a twenty-fold increase in bitcoin prices in just two years, and an absence of any fundamental economic backing, cryptocurrency prices are almost certainly a bubble.”

Blockchain utility doesn't make crypto not a bubble. That'll be important to remember for people buying now expecting to make big gains at this cost basis, and there's real risk there.

I think it is important to distinguish between bubbles and deflationary currencies. Bitcoin is a deflationary currency. and that is normal.

[fight-T]

That's just a bad idea about bitcoin, if you really understand bitcoin, have bitcoin knowledge, know the value of bitcoin for our lives then I am sure you will not think bitcoin is bubbling.

[luckyluigi]

I think Bitcoin now is not good for investing in it, Bitcoin is strong and are on the first place, but if to look in near future, situation is not good