IS BITCOIN BUBBLE OR NOT?

[iamTom123]

The price of BITCOIN went down to and extent today. What is your take on Bitcoin been bubble or not?

There had been many definition of a bubble. Honestly speaking, Bitcoin can also be a bubble since there is that sudden surge in price and it is still expanding right now. The next question is this: Will it pop anytime of the day and people will lost the money they invested into it? Nothing can be sure of what would be but I do personally believe that because Bitcoin has a correction mechanism it can be able to avoid the "pop" and can one day reach a very high value...astronomical surge as they say. By the way, bubble can happen to anything and this should not be attached solely to Bitcoin.

[A.H.Rassel]

No, Bitcoin is not a bubble. Please take a look at its historical data and marketcap. Bitcoin is a highly volatile currency and it's not a bubble. I think Bitcoin's price will touch 8000$ or more within this or next month.

[barota]

yes bitcoin bubble because fall from 8000 to 5500 thenrise from 5500 to 8000 in some days

bitcoin is 100 percent bubble

i think invest in bitcoin risk and danger

[Fatunad]

The price of BITCOIN went down to and extent today. What is your take on Bitcoin been bubble or not?

There had been many definition of a bubble. Honestly speaking, Bitcoin can also be a bubble since there is that sudden surge in price and it is still expanding right now. The next question is this: Will it pop anytime of the day and people will lost the money they invested into it? Nothing can be sure of what would be but I do personally believe that because Bitcoin has a correction mechanism it can be able to avoid the "pop" and can one day reach a very high value...astronomical surge as they say. By the way, bubble can happen to anything and this should not be attached solely to Bitcoin.

People have different perceptions regarding on this matter which some would see that bitcoin is a bubble and some would say no its not but in my own side i would go 50-50 on both ways because there are really times that i can treat it as a bubble when it comes into its sudden price inflations and deflation which it do really depend on a significant event which do somehow turns out to be manipulated or being destined to be done. Not a bubble in the part that bitcoin is a volatile thing which prices do normally corrects after a sudden price increase.

[Youghoor]

How many times will it be asked in here? you all know that bitcoin is only a bubble if you see it by that way, and you all probably think that it is a bubble because you read it on some websites like Forbes, or any other kind of magazines like that.
OR maybe you just heard that on the TV, or in some videos about guys saying that they are so wealthy and that bitcoin is going to drop more than 80% because it is a giant bubble.
Dont pay attention to that guys, bitcoin is a good thing and it is not going to drop soon. Just enjoy the profits.

[socks435]

yes bitcoin bubble because fall from 8000 to 5500 thenrise from 5500 to 8000 in some days

bitcoin is 100 percent bubble

i think invest in bitcoin risk and danger

Not really risky if you didn't invest you will not make any profit and bitcoin today is indemand after news about bitcoin here in my country and other country and about news square the price was surprising increased fast from  $6000 to $7000+ that i think more people will be interested about bitcoin since we are now using bitcoin as investment and payment processor online there are lots of company that accept bitcoin as payment.. So day by day people increases and price of bitcoin could increase more before end of this year..

[richardsNY]

yes bitcoin bubble because fall from 8000 to 5500 thenrise from 5500 to 8000 in some days

bitcoin is 100 percent bubble

i think invest in bitcoin risk and danger

If a bubble pops, it will remain hovering over way lower levels for quite a long time. It has only happened once where a bubble in this market has popped, and that was after MtGox's shutdown. We've been in a bear market for quite a long time, and to such an extent, that the $300 level just wouldn't/couldn't get broken through. Current situation is completely different -- we only experienced an extremely short term correction. Investing in Bitcoin isn't dangerous at all if you keep holding through the occasional dumps we from time to time experience. If you can't handle this market mentally, then it's indeed dangerous for you.

[player514]

yes bitcoin bubble because fall from 8000 to 5500 thenrise from 5500 to 8000 in some days

bitcoin is 100 percent bubble

i think invest in bitcoin risk and danger

Not really risky if you didn't invest you will not make any profit and bitcoin today is indemand after news about bitcoin here in my country and other country and about news square the price was surprising increased fast from  $6000 to $7000+ that i think more people will be interested about bitcoin since we are now using bitcoin as investment and payment processor online there are lots of company that accept bitcoin as payment.. So day by day people increases and price of bitcoin could increase more before end of this year..

Sure bitcoin can be in demand right now, but we don't know if that trend will continue in the next hour, the next day, the next week, or even the next month. For all we know, the volatility of it may even drop it down within the next few hours. There is nothing assured with bitcoin, making it very controversial to a lot of investors. I would say that yes, investing in bitcoin is risky and it is dangerous, but you need to know when to put money in and when to get it out. You also need to limit how much you put into bitcoin and remember that you haven't made any money until you've withdrawn.

[batang_bitcoin]

No, Bitcoin is not a bubble. Please take a look at its historical data and marketcap. Bitcoin is a highly volatile currency and it's not a bubble. I think Bitcoin's price will touch 8000$ or more within this or next month.

People think when bitcoin is pumping, it is a bubble. And when they see some other coin pumping they think that it will take over bitcoin. I don't know what type of foods are these people in taking, they have too much hate on bitcoin. I can understand if the person saying this is coming from the banking industry and bitcoin is starting to kill their business but no, people who are saying this are also bitcoiners.

[VanDeinsberg12]

No, Bitcoin is not a bubble. Please take a look at its historical data and marketcap. Bitcoin is a highly volatile currency and it's not a bubble. I think Bitcoin's price will touch 8000$ or more within this or next month.

If you don't understand about what means of the bubble and you can try to learn more from the reliable site just like investopedia. The bitcoin can be considered as a bubble caused by the value is really volatile. Fiat can't include in the bubble caused by the value is remain stable. So, you can see the flash crash of the bitcoin and some expert said that as the bubble burst. Crypto should be considered as a bubble because there is no regulation to regulate it. crypto based on the nature adoption.