rehydrogenated
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November 29, 2017, 01:37:54 PM |
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I think its important to remember that even good companies/products can be overpriced and exhibit bubble like drops in value. Bitcoin is no different. I think there are too many young people who invest in bitcoin and don't remember what 1999-2000 was like. It only took the Y2K scare to eliminate TRILLIONS of dollars in market cap from good companies like Google, Microsoft, Broadcom, IBM, etc. It had nothing to do with people deciding computers weren't important in the future or that computers were a worthless product. It just happened that people had gotten ahead of themselves in valuing how fast and how dramatically computers would change our lives, but more importantly how that rapid change would translate directly into profits.
One problem with bitcoin is it doesn't generate profit if the price isn't rising. That should always be on your mind as an investor.
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Walrus1
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November 29, 2017, 01:53:14 PM |
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The most expensive publicly traded stock of all time is Warren Buffett's Berkshire Hathaway (BRK.A), which is trading at $271,410 per share, as of Nov. 17, 2017). Do you think that is a bubble? We are not even close to a bubble yet. Bitcoin has seen massive adoption in the last year with Japan legalizing it as a currency, so you can expect a huge increase in the price over time. < As more merchants and people start buying and trading bitcoins >
The people call this a bubble, because of the volatility and that is quite normal with a currency/commodity that are small in comparison to other currencies/commodities. <There are also whales that are manipulating the supply & demand side >
Clearly you must have fallen and hit your head. There is solid value behind Buffett's share. Real companies doing real work. There is nothing behind Bitcoin expect naive peoples' hopes and dreams of becoming rich without having to work. berkshire Hathaway had many solid companies in it from private jets to diapers to farm equipment etc etc. Berkshire has price to earnings, profits etc available to us. The class of Berkshire has never split since it's inception. They have other classes of Berkshire that are under 200. If Coca-Cola never split it would probably be worth millions a share. Berkshire Hathaway is a bad example to compare to Bitcoin
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gobbi
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November 29, 2017, 02:00:17 PM |
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In my opinion what we are focusing last days about btc it is just big greed. This is actually not even trading it is just greed, btc just keeps going up and every single day reacing ath. Crazy, my question is who is buying btc at 11k usd?Probably newbies.
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adivip
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November 29, 2017, 02:17:33 PM |
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Bitcoin not bubble but it is always rise and fall.bit[Suspicious link removed]d for investments price is not stable,it helps for profits.
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Sera2.0
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November 29, 2017, 02:28:29 PM |
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Пyзыpeм кoнeчнo тpyднo нaзвaть, oчeнь тaкoй yвepeнный пyзыpь тoгдa. и ecли ycпeeшь eщё нa нeм зapaбoтaть, тo чтo в этoм плoxoг
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fulmetal08larz
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November 29, 2017, 03:49:21 PM |
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Bitcoin was in a bubble but it is in the process of getting out of it. The price breaching $10k has proven that it has true value and many new investors are still getting interested to buy, setting a new level for bitcoin. Many of use were expecting the price to have a correction upon reaching $10k but the opposite happened.
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dvillier
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November 29, 2017, 03:54:19 PM |
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On the off chance that it is truly bubble, on the off chance that you contributed on it then you should know your breaking point. Control your voracity and you won't misfortune the fight. Be that as it may, I truly can't see that every one of the general population who as of now contributed on it will give it a chance to pop. In the event that the cost goes down there will be financial specialists that will purchase at low value that will bring the cost up once more.
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Caladonian
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November 29, 2017, 04:05:12 PM |
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There's still doubt that bitcoin is one of the best investment for this generation since we really don't know why and how the price being calculated since there's no real big use as of now aside from those online merchants we still don't see any big establishment who already start using the system, we can't say if until when the price will stay or if the price will fell back deeply but its better to keep aiming positively and ride with this rise wisely.
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damrianto
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November 29, 2017, 04:36:32 PM |
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the price of bitcoin is hard to predict sometimes rise sometimes down if the bubble problem is not a problem it shows better bubbles it also shows the price up what else we are at the end of the year
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Spoetnik
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November 30, 2017, 05:11:15 AM |
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I dont think that BTC is a bubble. People WANT Cryptos, and BTC is the old king of cryptos, and will continue to reign.
WHY do people want "cryptography" ? The practice and study of techniques for secure communication in the presence of third parties called adversaries Why again is the crowd out there who are computer illiterate idiots clutching cash interested in SHA256 ? SHA-2 (Secure Hash Algorithm 2) is a set of cryptographic hash functions designed by the United States National Security Agency (NSA).[3] Cryptographic hash functions are mathematical operations run on digital data; by comparing the computed "hash" (the output from execution of the algorithm) to a known and expected hash value, a person can determine the data's integrity. For example, computing the hash of a downloaded file and comparing the result to a previously published hash result can show whether the download has been modified or tampered with.[4] A key aspect of cryptographic hash functions is their collision resistance: nobody should be able to find two different input values that result in the same hash output. ohhhh becasue it's a currency that has horrendous wait times and horribly high fees and only gets worse by the day. AHHHH i see ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) WRONG. You are full of shit noob. You are all 100% here "investing" because it is in fact one giant massive ponzi / pyramid scene facade that is run illegally with no requirements.. except when you sign up at an "exchanger" as you dipshit pajeets like to call them. THEN, they are govt AML / KYC compliant. Which is yet another point that takes a fat stinky rotten shit all over the *REASON* Satoshi created the fucking thing in the first place. I could go on and on and on.. but you all do not care. You are all 100% greedy deceitful little ponzi idiots clutching FIAT. Hoping to pour FIAT into Bitcoin so you can "invest" and then dump your Bitcoin and get FIAT *again. You did not come here to support or use cryptoz as you put it investard. I will enjoy the IRS and REV-CAN audits and when you all scramble to cover your tracks.The no regulations and no laws massive free for all will have to come to end end eventually. I will be cheering for the police because you all deserve it. You ruined crypto.. forever. And i don't give a shit what any of you think.. it is a bubble. It is not natural growth.. when it pops is another discussion all together. Investards, currency adoption is not a crypto circle jerk for profits. PS:DeepOnion is a confirmed scam coin. Regardless if the noob above me commenting is participating in the SIG campaign. Yup i prefer my investment advice from nameless shady noob accounts flogging scam coins. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) YES, indeed i am in fact enjoying it https://www.neowin.net/news/coinbase-required-to-turn-over-user-data-to-irs
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FUD first & ask questions later™
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markleal
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December 03, 2017, 10:49:14 AM |
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Bitcoin now is too big for a bubble or the risk is ever the same?
Hi there Bitcall! There are so many people with ordinary status, businessman, traders, CEO, popular investors, professors and others that always note that the bitcoin is huge bubble. Even you compare the tulip and internet bubble in terms of price rate and how it reach its top you can definitely see similar phenomenon, bitcoin even surpasses the price increase of those two bubble. If you are asking about the risk, it is more risky than the previous bubbles. However, what makes bitcoin differ is the huge and robust capability it can do that make it more like a necessity in this technological era. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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daytradeprofit
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December 03, 2017, 11:08:55 AM |
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loaddebitcard
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December 03, 2017, 11:15:05 AM |
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Bitcoin is undoubtely a bubble. It will blow once. We all need to feel when it's time to turn it into fiat.
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gakadem
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December 03, 2017, 11:26:24 AM |
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it's not a bubble, it's like growing a plant he's metamorphosed, becoming bigger .. i watched as bitcoin went up all the money crypto the price went down ... and it survived until now, if indeed the bubble should only be temporary, enlarged then erupted and back like originally, but this is not
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orions.belt19
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December 03, 2017, 11:31:45 AM |
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I think its important to remember that even good companies/products can be overpriced and exhibit bubble like drops in value. Bitcoin is no different. I think there are too many young people who invest in bitcoin and don't remember what 1999-2000 was like. It only took the Y2K scare to eliminate TRILLIONS of dollars in market cap from good companies like Google, Microsoft, Broadcom, IBM, etc. It had nothing to do with people deciding computers weren't important in the future or that computers were a worthless product. It just happened that people had gotten ahead of themselves in valuing how fast and how dramatically computers would change our lives, but more importantly how that rapid change would translate directly into profits.
One problem with bitcoin is it doesn't generate profit if the price isn't rising. That should always be on your mind as an investor.
The Y2K scare made the people doubt and lose their faith on computers. This developed a fear of an impending crash and this discouraged the investors. At that moment, they actually DECIDED that computers will be rendered useless once this crash happens. The investor's loss of faith on computers when the Y2K scare happened was what made the elimination of trillions of dollars. Once the investor's lose faith, it's game over. This would happen to bitcoin as well if its users choose to lose interest or faith on it. Since it's speculative, the price would definitely drop once the users suddenly have doubts on the price.
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nagatraju
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December 06, 2017, 04:26:08 PM |
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I don't think that bitcoin has already become so trustworthy with people that there is no doubt...I think that it would no longer be called a bubble if it were legalized
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bitcampaign
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December 06, 2017, 04:43:32 PM |
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Bitcoin now is too big for a bubble or the risk is ever the same?
One thing: I believe this should be posted in the speculation section, but it should be fine for right now. Bitcoin may always be a form of bubble. There will always be whales trying to buy more and encourage many people to keep buying. What follows these bubbles is correction periods, which do even out the price to much more of a "true value" even though there is no physical backing for bitcoin. This cycle will just continue to happen until we see a huge drop or some stabilization in the bitcoin price through some form of centralization (which defeats the purpose of the coin and should not happen). agree with you, bitcoin will always bubble in the presence of whales that will push bitcoin will become stronger and that's where bubbles are happening in the urge to buy more
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Fizpok
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December 06, 2017, 05:07:31 PM |
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About 1% of people own bitcoin. There is some room to expand.
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Renr
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December 06, 2017, 05:14:00 PM |
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Even if you had “bought in” all those moons ago, there was no guarantee your investment would have made money. Something to think on.
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Stianyd
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December 06, 2017, 05:14:20 PM |
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Even if you had “bought in” all those moons ago, there was no guarantee your investment would have made money. Something to think on.
Only if you sold too early.
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