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Author Topic: Is Bitcoin a Bubble?  (Read 3102 times)
tanyeza123
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August 10, 2018, 05:30:17 AM
 #401

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.

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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.
Everything must arrive at an end the inquiry is to what extent, however it doesn't have any significant bearing to Bitcoin. On the off chance that we keep pumping and pumping, at that point it blow and burst like rise, to keep from this to happen. we have to change the energy constantly, much the same as market revision and market swaying like waves, it is much the same as making a breathing example to manage for a more drawn out time frame. Since the starting bitcoin was a rise as indicated by the specialists.
On the off chance that you are an early players of bitcoin you will truly know whether it is bubble or not, once it will blast you won't lament bitcoin in light of the fact that you were there amid its ups and down like riding an exciting ride, a getting a charge out existing apart from everything else until its final gasp.
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Aiiimm
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August 12, 2018, 03:26:28 AM
 #402

Well for me bitcoin is not a buble. Bitcoin is like a business you can never know if you succed or not in creating business you are taking risks its like bitcoin you need to take risk but that risk may grant you more income.
ClackKendi
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August 12, 2018, 03:37:54 AM
 #403

Bitcoin is not a bubble but it is a digital lever created to make it possible for us to trade convenience and savings over real life in our real world.
Ripa17
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August 12, 2018, 03:53:17 AM
 #404

I can not understand why there is a lot of people trying to say this.. you all know that bitcoin is not a bubble and it will never be, and if it is "a bubble" just like everybody is saying, you should know that at least it wont crash for now
aaeeggoo
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August 12, 2018, 05:08:08 AM
 #405

As the price of the currency soars, we can know that the price of bitcoin is not caused by demand. Because the huge changes in demand in the short term are almost impossible.
The skyrocketing currency price is usually an opportunity to speculate. Speculators are the biggest pusher for Bitcoin!
Bitcoin truly is not a bubble in which it is not the same as other investment ,where in you put money on that investment , for few days you will gain profit, but in the second ,your money you invest are gone like a bubble, that will not be backed in your pocket, fir it already vanish like bubble.
trickyriky
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August 12, 2018, 08:36:48 AM
 #406

Bitcoin in a number of large countries has already been recognized by the judicial authorities, in the framework of the cases examined, as goods and property.

I am sure, Bitcoin will be recognized globally very soon. Sure, it is not a bubble, and we cannot compare it with the pyramid schemes and projects as well. I know, BTC will be gaining, and I invest in it.
sgenuine
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August 14, 2018, 11:45:54 AM
 #407

Well for me bitcoin is not a buble. Bitcoin is like a business you can never know if you succed or not in creating business you are taking risks its like bitcoin you need to take risk but that risk may grant you more income.

It is really very strange that still, some people compare Bitcoin with a bubble. They are wrong. BTC is the most powerful cryptocurrency which is also the leader in the market.
DHaosociu
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August 14, 2018, 03:37:59 PM
 #408

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.
aliraza6663
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August 14, 2018, 07:07:27 PM
 #409

I'm interested in bitcoin as a sort of bubble. It doesn't mean that it will disappear, that it'll burst forever. It may be with us for a while
strideynet
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August 18, 2018, 09:30:36 AM
 #410

don't quite understand how bitcoin can be a bubble if it is actively used for transactions and has a different value?
Rellbellerise
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September 13, 2018, 09:26:29 AM
 #411

The bitcoin price is stable, flutuations normally happens in this market. At present the market is not good, but it will recover soon. After a long time today the market looks in green. Hope in upcoming days the price of bitcoin will increase because now slowly it starts to rise, expect this rise will continue.
lebronLALK
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September 13, 2018, 09:44:18 AM
 #412

Bitcoin has no clear value and the market is largely unregulated. This combined with the psychological illusion that Bitcoin can become a bubble.
Nathanclark
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September 13, 2018, 10:02:06 AM
 #413

Bitcoin has existed and developed for nearly 10 years, always fluctuating and changing in the market. The sustainability of Bitcoin has been confirmed, bitcoin will not be a bubble, Bitcoin will represent cryptocurrency as the main currency.
wingsthegreat21
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October 08, 2018, 12:18:02 AM
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 #414

Bitcoin will never be a bubble. Tulips weren't a bubble. Their value was in a bubble. Bitcoins value tends to bubble up and simmer down, but that doesn't make the whole thing a bubble. Bitcoin is infinite and will rise like a stair way to heaven even gov't cant stop it. the only way to stop it is to find out who is the creator and yet.
patarfweefwee
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October 08, 2018, 03:44:47 AM
 #415

Everyone keeps saying that bitcoin is a bubble that it will eventually pop and it is like the tulip hype or another. What i say is that a bubble.is not as volatile as crypto currency. Bubbles will only have an upward trend and crypto currency has beenngoin up and down like crazy. Eitherway, this is what i believe on. Crypto currency is the future.

MAJICOIN
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October 08, 2018, 05:21:33 AM
 #416

Not at all bitcoin is not a bubble it is a real currency and if we know that bitcoin is profitable for many of the people and it is influencing the people power and in these days bitcoin and crypto is the people investments and people are used to it so if some one says that it is a bubble they have no support for their argument.

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Nila soru
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October 10, 2018, 10:25:38 AM
 #417

Bitcoin will never be a bubble. Tulips weren't a bubble. Their value was in a bubble. Bitcoins value tends to bubble up and simmer down, but that doesn't make the whole thing a bubble. Bitcoin is infinite and will rise like a stair way to heaven even gov't cant stop it. the only way to stop it is to find out who is the creator and yet.
Due to huge dump in the price many people say that bitcoin is a bubble and investing in it is just a waste of time and money. There is no future for bitcoin and soon it will disappear from the market. But I am very optimistic about the future of bitcoin and I am sure it will take over the market in the future. Other currencies will disappear from the market.

Vritesh
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October 10, 2018, 11:46:54 AM
 #418

Bitcoin can never be a bubble. Till now bitcoin has become the best investment asset. It has helped many people in many different ways. In this era of big competition bitcoin has the potential of making the money double and providing number of profits. No doubt bitcoin flickers alot but still it can never be a bubble. It has the ability to end the economy crisis all over the world.

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jobukegoya
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November 19, 2018, 02:35:23 AM
 #419

don't quite understand how bitcoin can be a bubble if it is actively used for transactions and has a different value?
I always believe that bitcoin is not a bubble. News of the bubble reached its peak when bitcoin prices reached almost 20,000 USD in December 2017, because they thought the price of bitcoin "pumped" as big as possible then broke into worthless. Apparently this assumption is not proven. Because bitcoin prices have plummeted to this day around 5,586 USD.
trauchot
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November 24, 2018, 03:02:45 PM
 #420

Bitcoin is considered a bubble because of its price, which sometimes grows, but usually falls and sags in tenfold or even more, so many people believe that bitcoin does not depend from anyone and therefore can burst, but many countries have already begun to legalize bitcoin and gradually these countries are more and more and it makes it known that bitcoin cannot be a bubble if many countries already cooperate with it and apply its technologies, so only those who have suffered from bitcoin or do not believe in its capabilities think so.
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