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StockBet.com (OP)
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October 24, 2017, 04:32:21 PM |
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The last bubble was in 2013. Bitcoin is not a classic bubble, but still be 'suspicious,' says investing expert William Bernstein https://www.cnbc.com/2017/10/24/william-bernstein-bitcoin-is-not-a-classic-bubble.html- William Bernstein is a neurologist who became a best-selling author on investing in the 1990s.
- Bernstein does not believe bitcoin is a classic investing bubble because it doesn't fit all four of the criteria of manias he developed.
- "Unless [you are] an expert on blockchain technology and bitcoin, stay away. Don't invest in things [you] don't understand," Bernstein told CNBC.
Do you think we're in the 5th bubble? |
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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boltz
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October 24, 2017, 04:34:27 PM |
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Bubble or not , the tech will remain. But yea , it's posible that we are already on the bubble from a while so the next coming weeks/months will be very important for the crypto space.
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rahul10948
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October 24, 2017, 04:39:29 PM |
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I think bitcoin is in the bubble mode...correction at $5000 will be seen soon...
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xIIImaL
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October 24, 2017, 04:44:21 PM |
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Bubble or not , the tech will remain. But yea , it's posible that we are already on the bubble from a while so the next coming weeks/months will be very important for the crypto space.
Like 2013 dump this time we will not see I think because there are huge number of adoption and demand for bitcoin in upcoming days so we will find bump only in the upcoming. What damin critics the bitcoin but he also bought the bitcoin in huge amount dude. If we hold the give better demand by reducing the bitcoin supply in the market we will find the better rate all the time dude. |
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harizen
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For support ➡️ help.bc.game
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October 24, 2017, 04:49:49 PM |
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The last bubble was in 2013. Bitcoin is not a classic bubble, but still be 'suspicious,' says investing expert William Bernstein https://www.cnbc.com/2017/10/24/william-bernstein-bitcoin-is-not-a-classic-bubble.html- William Bernstein is a neurologist who became a best-selling author on investing in the 1990s.
- Bernstein does not believe bitcoin is a classic investing bubble because it doesn't fit all four of the criteria of manias he developed.
- "Unless [you are] an expert on blockchain technology and bitcoin, stay away. Don't invest in things [you] don't understand," Bernstein told CNBC.
Do you think we're in the 5th bubble? Enough of this bubble thoughts. Just let different people speaks on their own without bothering us. Bitcoin gorwth is not a joke. Bitcoin current status was mainly because of the community that supports it. A bubble can be popped out easily that's why I don't consider any bubble thing in bitcin. The bitcoin's atmosphere is thick than it can filters out the dangerous rays came from the FUD. But on the other hand, Im agree to his last statement "DONT INVEST IN THINGS YOU DONT UNDERSTAND". So for newcomers that want to invest in bitcoin, learn all the risks associated when you invest rather than just expect a big price increase. |
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Zorbak
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October 24, 2017, 04:50:27 PM |
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I think bitcoin is in the bubble mode...correction at $5000 will be seen soon...
Correction at $5000 does not means it is a bubble, correction it is natural when big pumps happen. |
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BrewMaster
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There is trouble abrewing
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October 24, 2017, 04:52:35 PM |
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yes or no are both wrong answers.
when it comes to bubbles, the definition is to vague that you can not call something a bubble until it bursts and some times passes from its bursting. otherwise you will not know. there are too many things about characteristics of a bubble that makes it so.
who is to say the intrinsic value of bitcoin is not $7000 and we are lower than it?
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There is a FOMO brewing...
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MissionPhailed
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October 24, 2017, 04:52:51 PM |
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99% sure Bitcoin is experiencing a bubble right now. Rise of value goes too fast to be stable and I assume we'll see a massive sell-off within weeks. But then again, I assumed a month ago we wouldn't see a new ATH after the last ATH on september the 2nd, and here we are ... If there's a sell-off around the corner, it probably won't be as severe as we've seen after the peak in november/december 2013. Things were made worse back then due to the hack on MtGox, one of the very few existing exchanges in that time.
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promosn
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October 24, 2017, 04:54:20 PM |
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i cant vote but i say defently no !!
trust in bitcoin
greez
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eagleman
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October 24, 2017, 05:00:49 PM |
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I don't think that we are in the bubble, this has been said for so many times just like the thoughts of bitcoin is dead / bitcoin will be dead very soon. If we are in the bubble then the price seems to be good and it may pop very soon so whether we are in a bubble or not we really can't tell it. The future can tell us if it is really on a bubble, if it is then the price will be correcting very soon but as long as we are seeing it on the good price then it's a good experience right?
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The_Dark_Knight
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October 25, 2017, 12:33:01 AM |
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The last bubble was in 2013. Bitcoin is not a classic bubble, but still be 'suspicious,' says investing expert William Bernstein https://www.cnbc.com/2017/10/24/william-bernstein-bitcoin-is-not-a-classic-bubble.html- William Bernstein is a neurologist who became a best-selling author on investing in the 1990s.
- Bernstein does not believe bitcoin is a classic investing bubble because it doesn't fit all four of the criteria of manias he developed.
- "Unless [you are] an expert on blockchain technology and bitcoin, stay away. Don't invest in things [you] don't understand," Bernstein told CNBC.
Do you think we're in the 5th bubble? Even if the price is higher than it should be, so what? All stocks at some point become overvalued, bitcoin suffers more volatility because it is not a stock but a currency, the most important thing is to know that the technology is real, it works and it is not just a speculative instrument like the famous pets.com on the dot com bubble, bitcoin is the real thing and it will become even bigger in the future. |
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sana gull
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October 25, 2017, 12:42:48 PM |
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The last bubble was in 2013. Bitcoin is not a classic bubble, but still be 'suspicious,' says investing expert William Bernstein https://www.c[Suspicious link removed]m/2017/10/24/william-bernstein-bitcoin-is-not-a-classic-bubble.html - William Bernstein is a neurologist who became a best-selling author on investing in the 1990s.
- Bernstein does not believe bitcoin is a classic investing bubble because it doesn't fit all four of the criteria of manias he developed.
- "Unless [you are] an expert on blockchain technology and bitcoin, stay away. Don't invest in things [you] don't understand," Bernstein told CNBC.
Do you think we're in the 5th bubble? Even if the price is higher than it should be, so what? All stocks at some point become overvalued, bitcoin suffers more volatility because it is not a stock but a currency, the most important thing is to know that the technology is real, it works and it is not just a speculative instrument like the famous pets.com on the dot com bubble, bitcoin is the real thing and it will become even bigger in the future. What do you means of bubble or not of bitcoin, as we all know bitcoin is now whenever in which position but this is only due to the support of people not its form of bubble or not. Bitcoin is a decentralized cryptocurrency which is unable to stop in growth and will be more popular with the time and I know one day the bitcoin will get its main position if future. |
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MAHNOOR
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October 25, 2017, 12:43:36 PM |
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I don't think that we are in the bubble, this has been said for so many times just like the thoughts of bitcoin is dead / bitcoin will be dead very soon. If we are in the bubble then the price seems to be good and it may pop very soon so whether we are in a bubble or not we really can't tell it. The future can tell us if it is really on a bubble, if it is then the price will be correcting very soon but as long as we are seeing it on the good price then it's a good experience right?
I really don’t know what people saying about bitcoin form that its now bubble or not but according to its it can be bubble ad also can not because the thing we know about bitcoin is that the digital currency and which is popular just only because of the support of people not anything else because if there was no one to invest in bitcoin is past then bitcoin will not present in front of us. |
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clrpod
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October 25, 2017, 12:59:54 PM |
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Bitcoin is strange because it seems like it is always in a bubble but then it also seems to always recover so rapidly once the bubble is burst, there is ever growing support for bitcoin and I think the crashes in future will be less significant and less often.
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DaMut
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October 25, 2017, 01:07:18 PM |
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there're a lot of people saying such a thing for past few years,
bubble or not,i do not what is the answer but for me it was not.
if it's the bubble,how can it recover from last correction ? bubble mean when it burst the price will remain low and slowly it will lose its value.
but right now i do not thing that way,
indeed we saw a lot of correction,but it's a healthy correction in my opinion and the price always recovering back to its peak and steadily increasing.
i do not really care about what other people say about Bitcoin,
it's just matter of time when everything is concluded and how it will turn to.
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suvo05
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October 25, 2017, 01:27:34 PM |
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there're a lot of people saying such a thing for past few years,
bubble or not,i do not what is the answer but for me it was not.
if it's the bubble,how can it recover from last correction ? bubble mean when it burst the price will remain low and slowly it will lose its value.
but right now i do not thing that way,
indeed we saw a lot of correction,but it's a healthy correction in my opinion and the price always recovering back to its peak and steadily increasing.
i do not really care about what other people say about Bitcoin,
it's just matter of time when everything is concluded and how it will turn to.
Agreed, bitcoin shows that it has enough potential and come across so many tough challenge. If it were bubble then we might not see the the recovery in price each time. But the altcoin price was bubbled and it fall so much down . |
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bifle
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October 25, 2017, 01:51:16 PM |
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For me, a drop/dip of 50% of bitcoin price is not a bubble anymore, it's just an event in the bitcoin life...
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hase0278
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October 25, 2017, 02:00:42 PM |
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The last bubble was in 2013. Bitcoin is not a classic bubble, but still be 'suspicious,' says investing expert William Bernstein https://www.cnbc.com/2017/10/24/william-bernstein-bitcoin-is-not-a-classic-bubble.html- William Bernstein is a neurologist who became a best-selling author on investing in the 1990s.
- Bernstein does not believe bitcoin is a classic investing bubble because it doesn't fit all four of the criteria of manias he developed.
- "Unless [you are] an expert on blockchain technology and bitcoin, stay away. Don't invest in things [you] don't understand," Bernstein told CNBC.
Do you think we're in the 5th bubble? For now I can't say what is the real right answer after all, bitcoin is too resilient ad of the moment to be called a bubble. At the same time no one can determine a well set upped bubble until it burst so I think at least for now that btc price might be a bubble that got so resilient because of something that is temporarily keeping the bubble whole. If it really is a bubble, we will now it in the next coming month. If bitcoin proves to still be standing on the price ranges it has now, it ain't a bubble. If it goes back to a low price by December then btc is just a bubble. |
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Kronos21
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October 25, 2017, 02:16:18 PM |
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Why in December? Why not in January or March? The majority of people who comment on these threads do not enjoy any documentary evidence. They sagely expressed their assumptions. No one knows the exact date of when the bubble will burst. Now bitcoin is very similar to bubble but if the speculators leave the market, bitcoin will have a good chance at life. In this course, the price will drop.
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1Referee
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October 25, 2017, 02:44:38 PM |
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There is no such a thing as a fifth bubble. If we have to believe the general public, Bitcoin's entire existence is one big bubble. People should understand that even a tiny bit of increased adoption, can get the price to double/tripple in value, which is exactly what happened. Does that mean the current price is fair, or justified for the time we're in? Nope. But the factor playing an important role when it comes to a market being overbought/oversold, is the speculation aspect. From the very beginning the speculation aspect was an important factor, and this will likely never change. From my perspective, speculation makes up like 25% of the current market rate, which means that at current levels, that accounts for $1400 in pure speculation premium.
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