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Author Topic: Bitcoin Bubble ?  (Read 472 times)
mistletoe
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December 16, 2017, 11:58:29 AM
 #21

to be honest, it pisses me off when people say Bitcoin is a Bubble. like, come on, you haven't seen how long btc has been around and how much it grew? and you speak as if it just appeared from no where instantly?

If thats how those people view it, then so be it. i have no time to argue with people that doesn't know anything about bitcoin and just say "meh bitcoin is a scam"


carrash912
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December 16, 2017, 12:06:40 PM
 #22

Bitcoin may be a bubble, but does not bubble itself change the world?
Numbers is a new type of dotcom bubble
Every day, we hear of a new hedge fund investing in money. And who can blame them? They have spent a long time stagnating with rigorous standards after the financial crisis. Why try to make a profit of 15% on the stock market, while giving you 150% in less than a month.
From the saboteur to the revolutionary

But at the same time, we can not deny that a completely new technology infrastructure will be built - in which the internet will change the way the world works.

Balloons give people the railway. The bubble that opened up the shipbuilding industry in the 18th century. The bubble brings the internet to everyone. Balloons are now the number one currency, which is the strongest currency. Bubbles are not a bad thing at all.
thomassaba
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December 16, 2017, 12:42:09 PM
 #23

Its far from a bubble until McDonalds, Walmart, and Gas Stations begin to accept bitcoin......

Untill then, we have a long ways to go!

Buy and hold is my advice.

Bitcoin Bubble ? No. bitcoin will contentious forever? No

yes in 2018 will find more and more accept bitcoin and many will be read to buy more

yes keep hold better

zgrdyg
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December 16, 2017, 01:00:32 PM
 #24

experts are expecting a price for bitcoin like 100.000 usd, so bitcoin is going that way,  maybe with little corrections it'll continue to increase, More and more people are entering to crypto world and making trades with bitcoin and altcoins. Also big firms are investigating bitcoin shopping opportunities, in germany bitcoin has future contracts so we have an ocean to go. This all means : bitcoin is not a bubble.

BumbleBeast27
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December 16, 2017, 01:02:40 PM
 #25

The way I see it, Bitcoin is going up not because some big institution is 'pumping' the price temporarily for a huge dump later on. The entire world is joining in and for once, no bank can contain this revolution.
ioconvex
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December 17, 2017, 06:06:30 PM
 #26

Well it is  quite possible that bitcoin is just a bubble, but it would be very unlikely because of the amount of people sho supports and use it, also there seems to be a growing support for bitcoins to accept bitcoins as payment.
7788bitcoin
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December 17, 2017, 10:52:48 PM
 #27

Its far from a bubble until McDonalds, Walmart, and Gas Stations begin to accept bitcoin......
Untill then, we have a long ways to go!
Buy and hold is my advice.
Buying bitcoin at this price requires you to be a big time investor and the price of bitcoin is on a bubble because there are big funds coming from big time investors and wall street and hence i do think we will see a big correction soon,as these investors might dump the coin and can manipulate the price ,so be cautious .
syana
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December 17, 2017, 11:21:42 PM
 #28

Its far from a bubble until McDonalds, Walmart, and Gas Stations begin to accept bitcoin......

Untill then, we have a long ways to go!

Buy and hold is my advice.

Steam has abandoned Bitcoin, so why should McDonalds, Walmart, or whatever start to accept it all of a sudden? Methinks, the primary reason why Steam ditched Bitcoin is lack of demand. I mean there weren't enough people willing to pay with bitcoins for the games Steam is selling. They say they dropped Bitcoin because of Bitcoin's insatiable volatility, but personally, I doubt that. If people were actually using Bitcoin in their everyday life, Steam included, volatility wouldn't be an issue any way you look at it.

True that. But I would say that the transaction speed is the bottleneck for them. I mean if you gonna order a Burger and you have to wait 6 hours before your transaction is confirmed. I would say that your burger is burned at that time. No one wants to waits that long for a transaction. There has to be an alternative better and faster coin.

I would also add that fees are very expensive for any transaction.
Goorobo
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December 17, 2017, 11:26:55 PM
 #29

Bitcoin is a commodity very much like oil or gold dollars of euros. There might be price fluctuations and corrections but in the long term it is a bull market. Some say bitcoin will reach $500,000 sooner rather than later but it is a zero sum game someone always loses it is just a matter of when.
spicygummy
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December 27, 2017, 11:19:01 AM
 #30

Over time, bitcoin is becoming more stable and the usage of this in more recognizable transactions generates such stability. Even though the value seems to be fluctuating, the noteworthy ever here is the constant increase all in all.
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December 27, 2017, 11:24:08 AM
 #31

If McDonald's and other big businesses accept bitcoin, then bitcoin is defined as a currency, and prices tend to stabilize.

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December 27, 2017, 11:24:26 AM
 #32

to be honest, it pisses me off when people say Bitcoin is a Bubble. like, come on, you haven't seen how long btc has been around and how much it grew? and you speak as if it just appeared from no where instantly?

If thats how those people view it, then so be it. i have no time to argue with people that doesn't know anything about bitcoin and just say "meh bitcoin is a scam"



People who speaks about bitcoin being a bubble are the people who does not know much about its origins, its capabilities and strength and most importantly they don't have any bitcoin so we should not believe them. They are just basing their words from the stereotypical sense about what bitcoin is. But truly, bitcoin and all these cryptos will create a new era of technology for the world.


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December 27, 2017, 11:35:24 AM
 #33

I'm a bitcoin user, I think it has a good future. But at present, the value of bitcoin is unstable, I think the bitcoin is just a bubble, it is inflated for a short time and suddenly dropped rapidly.

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December 27, 2017, 06:52:24 PM
 #34

It is best to let your Bitcoin stay for now. You need to look for the right time where Bitcoin and its value gets higher than what is expected to enjoy it.
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December 27, 2017, 06:58:20 PM
 #35

some people without any idea talking about a bubble.but real men know what's going on.I think we don't want to worry.just buy and hold.sell it at the right time.

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December 27, 2017, 07:12:01 PM
 #36

It is not a bubble, I think it is just disrupting technology. I do however think it is over evaluate , just not in a "tech bubble".

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December 27, 2017, 07:16:48 PM
 #37

Its far from a bubble until McDonalds, Walmart, and Gas Stations begin to accept bitcoin......

Untill then, we have a long ways to go!

Buy and hold is my advice.
I agree about the holding part, but right now bitcoin is well knwon for many people and i don't think that McDonald, or any other company that will start accepting bitcoin will infulence its price highly, i mean the price of bitcoin is high and keeps on going even higher, so tehre is no man with the mind is going to go to McDonal and buy a burger for 0.0006 btc, not after what happend with the 10000 btc pizza guy, that amount of bitcoin could be worth 10$ now but in a year or 2months it could be worth 100$, bitcoin is not meant for being used on daily basis, it is an investment that needs to be held and saved until the time is right to collect the profit.
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December 27, 2017, 07:44:59 PM
 #38

I don't think it's a bubble. But we could well be in a bubble currently although I disagree with anyone that thinks the entirety of bitcoin is a bubble due to it being one of the most revolutionary things since the internet was introduced. Remember that people said the .com and internet was doomed to fail and was a bubble. How wrong were they?
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January 07, 2018, 08:00:17 AM
 #39

It’s hard to say that bitcoin can fall down. There are more establishments that have become open to using them so they continue to be of value.
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January 11, 2018, 08:02:59 PM
 #40

Speaking about the bubble in the market  of the cryptocurrency, in my opinion, is not correct from the point of view of comparison with what we are used to call a Bubble. For example, the same dotcom market was nine times larger in volume. And the entire market is crypto-currency compared to other financial markets is very small, so if you can talk about the Bitcoin Bubble, then we are only at the very beginning.

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