Is Bitcoin now the biggest bubble of all time?

[bitcon]

Bitcoin still traded and i think thats indicating bitcoin is not a buble. I think its called buble if bitcoin price become zero and no one trade bitcoin anymore. Its true that bitcoin price drop and many investor moan about this but i think its very usual in any market that the price always volatile

A simple logic indeed, we need to see bitcoin to completely disappear so that bubble thing will proven, as long as bitcoin still exist and there's still people who's willing to buy and trade from this industry the journey to success being an alternative currency still exist and bubble claimed can't be proven around,
invest taking your own assessment and make your own analysis so things will be just fine in your future goals.

I have simply stopped paying attention to those people, who call Bitcoin a bubble or a fraud, or something like this. I guess, these fellows simply lost much one time, and now they are looking for some excuses (for themselves).

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[aoluain]

While this thread was created in 2017 it has transpired tgat bitcoin was in a bubble
thats ok with me because i believe in a positive future for it.

On a separate note, the global stock markets took a 3% drop today. Is that bubble
Heading for a pop too? can crypto benefit if it does?

[barabarian1]

It is not all a bubble, with the price of bitcoin fluctuating the people lacking the true knowledge about bitcoin term it as a bubble. If this is a bubble then the destruction of bitcoin as well other digital currencies would have begun long ago, but now the growth continues. This clears the confusion whether it is a bubble or not.

I'd say that a drop from $20,000 to $6,000 over the course of 6 months is evidence enough it was a bubble. Perhaps it didn't "pop" so much as deflate, but it was a bubble nonetheless. Bitcoin has been bouncing around for a long enough period of time and at a price significantly under the ATH to conclude it was a bubble. If it was not, you would need to see a quick recovery to near the same price, and both of those components have failed. There has neither been a recovery (let alone a quick one) nor has it risen to about the same price.

I agree with what you say, that the decline in bitcoin from $ 20k to $ 6k, makes people think that bitcoin is like a bubble. but when the price is too long in stability, I myself am confused to say that bitcoin is like a bubble or not. every thing that fluctuates I say like a bubble. but I don't think that bitcoin is the biggest bubble of all time. because in my opinion bitcoin still has stability for a long time.

[ngano ba]

Its been many times that others will say that bitcoin is the biggest bubble of all time ,especially the falldown of its price value to lower level ,but this is not the meaning of bubble about bitcoin , because it is still the numver one token of the market and have the highest value among all coins, when bitcoin reach its highest level of value , is that a bubble for bitcoin, it it not.

[trauchot]

I most likely now agree that the bitcoin is a bubble, because well, you can’t so quickly blow something up to incredible heights and also quickly burst the bubble to the lowest bottoms, this is only possible with bitcoin and almost all cryptocurrency, because almost all cryptocurrency depends from bitcoin. I think bitcoin will be considered a bubble until the government takes bitcoin and the whole cryptocurrency in their hands.

[Barcode_]

I most likely now agree that the bitcoin is a bubble, because well, you can’t so quickly blow something up to incredible heights and also quickly burst the bubble to the lowest bottoms, this is only possible with bitcoin and almost all cryptocurrency, because almost all cryptocurrency depends from bitcoin. I think bitcoin will be considered a bubble until the government takes bitcoin and the whole cryptocurrency in their hands.

In my opinion, the government of some countries are actually causing this huge impact of price drop on bitcoin at the moment, as they are always releasing negative news about crypto-currencies in their countries, and some of the traditional media are also reporting negative news about crypto-currencies in order to create more FUD towards new investors.

[Ranly123]

The Dutch Tulip Mania is one of the most famous bubbles of all time, for the scale of the bubble, the scale of the collapse, and probably including the seemingly obvious nature of the bubble considering the extremely limited functional utility of tulips. Bitcoin has now surpassed the multiples of value appreciation at the height of the Tulip Bubble (and by a wide margin). While this itself is not proof that Bitcoin is a bubble or that a collapse is imminent, it's worth considering if there's a lot more risk buying at this price (currently bouncing around $17,000) than anyone on these boards seems willing or able to recognize.




Thoughts?

I think it could be the biggest bubble but I still believe that it could recover. Based on the graph, those problems with regards to economic crisis has been resolved so there is no reason for Bitcoin to also do the same.

[lamadu3]

It is not all a bubble, with the price of bitcoin fluctuating the people lacking the true knowledge about bitcoin term it as a bubble. If this is a bubble then the destruction of bitcoin as well other digital currencies would have begun long ago, but now the growth continues. This clears the confusion whether it is a bubble or not.

I'd say that a drop from $20,000 to $6,000 over the course of 6 months is evidence enough it was a bubble. Perhaps it didn't "pop" so much as deflate, but it was a bubble nonetheless. Bitcoin has been bouncing around for a long enough period of time and at a price significantly under the ATH to conclude it was a bubble. If it was not, you would need to see a quick recovery to near the same price, and both of those components have failed. There has neither been a recovery (let alone a quick one) nor has it risen to about the same price.

I agree with what you say, that the decline in bitcoin from $ 20k to $ 6k, makes people think that bitcoin is like a bubble. but when the price is too long in stability, I myself am confused to say that bitcoin is like a bubble or not. every thing that fluctuates I say like a bubble. but I don't think that bitcoin is the biggest bubble of all time. because in my opinion bitcoin still has stability for a long time.

Today many disappointed in Bitcoin people call it a bubble. I can understand these guys - they lost a lot and they blame BTC for their losses. In reality, they are wrong. This is the best crypto.

[andika2018]

There is huge different between bitcoin and tulip buble. Tulip always can produce but not with bitcoin. Bitcoin have limited supply and no one can control the supply. Beside that, if bitcoin a buble why Investment institution like Goldman Sachs investing their funds to crypto market, and we know the reputation Goldman Sachs in investment industry have good reputation

[millionaireshs]

The Dutch Tulip Mania is one of the most famous bubbles of all time, for the scale of the bubble, the scale of the collapse, and probably including the seemingly obvious nature of the bubble considering the extremely limited functional utility of tulips. Bitcoin has now surpassed the multiples of value appreciation at the height of the Tulip Bubble (and by a wide margin). While this itself is not proof that Bitcoin is a bubble or that a collapse is imminent, it's worth considering if there's a lot more risk buying at this price (currently bouncing around $17,000) than anyone on these boards seems willing or able to recognize.




Thoughts?

Yes, because any other crypto currency value is too far from Bitcoin let say they are even fastest moving down the price but because of too much higher of price of Bitcoin than others, Bitcoin is still the biggest bubble of all time.

[syamster]

It is not all a bubble, with the price of bitcoin fluctuating the people lacking the true knowledge about bitcoin term it as a bubble. If this is a bubble then the destruction of bitcoin as well other digital currencies would have begun long ago, but now the growth continues. This clears the confusion whether it is a bubble or not.

I'd say that a drop from $20,000 to $6,000 over the course of 6 months is evidence enough it was a bubble. Perhaps it didn't "pop" so much as deflate, but it was a bubble nonetheless. Bitcoin has been bouncing around for a long enough period of time and at a price significantly under the ATH to conclude it was a bubble. If it was not, you would need to see a quick recovery to near the same price, and both of those components have failed. There has neither been a recovery (let alone a quick one) nor has it risen to about the same price.

I agree with what you say, that the decline in bitcoin from $ 20k to $ 6k, makes people think that bitcoin is like a bubble. but when the price is too long in stability, I myself am confused to say that bitcoin is like a bubble or not. every thing that fluctuates I say like a bubble. but I don't think that bitcoin is the biggest bubble of all time. because in my opinion bitcoin still has stability for a long time.

Today many disappointed in Bitcoin people call it a bubble. I can understand these guys - they lost a lot and they blame BTC for their losses. In reality, they are wrong. This is the best crypto.

Right! Trust me mate all those people are surely going to repent because the way they call it bubble it shows their level of trust for crypto currency specially the bitcoin. It is reality that bitcoin changes the price but it falls only to give us opportunity so we can buy at lowest price and hold to sell later on high price. So for me bitcoin is the real happiness of my life it’s not bubble at all.

[oicieffive]

Bitcoin still traded and i think thats indicating bitcoin is not a buble. I think its called buble if bitcoin price become zero and no one trade bitcoin anymore. Its true that bitcoin price drop and many investor moan about this but i think its very usual in any market that the price always volatile

A simple logic indeed, we need to see bitcoin to completely disappear so that bubble thing will proven, as long as bitcoin still exist and there's still people who's willing to buy and trade from this industry the journey to success being an alternative currency still exist and bubble claimed can't be proven around,
invest taking your own assessment and make your own analysis so things will be just fine in your future goals.

I also some time think that why people say bubble only to Bitcoin while all of the assets do fluctuations in price and sometimes these grow bigger in value. That is with Bitcoin. It is also an asset like others and the fall and rise in price also occur in here.

[duoduoshigexiaozhu]

Please don't overestimate the current market of cryptocurrencies. In fact, the cryptocurrency market is still very small, which is far from the bubble. The biggest bubble in human history is real estate. This is the generation of people's control of the next generation, this development model will soon end, if not the government to control the economic real estate market has long collapsed.

[Vaculin]

Please don't overestimate the current market of cryptocurrencies. In fact, the cryptocurrency market is still very small, which is far from the bubble. The biggest bubble in human history is real estate. This is the generation of people's control of the next generation, this development model will soon end, if not the government to control the economic real estate market has long collapsed.

This is small because we are dealing with the entire world potential to adopt, this is not created a group for them to control, this is a technology that is very useful especially in the future if the development will continue. That's big pump last year was brought by new comers, now the market corrected and we will surely witness a more organic growth. Slowly but surely, that's what I expect in the months or years to come.

[horrifiedx1]

It is not all a bubble, with the price of bitcoin fluctuating the people lacking the true knowledge about bitcoin term it as a bubble. If this is a bubble then the destruction of bitcoin as well other digital currencies would have begun long ago, but now the growth continues. This clears the confusion whether it is a bubble or not.

I'd say that a drop from $20,000 to $6,000 over the course of 6 months is evidence enough it was a bubble. Perhaps it didn't "pop" so much as deflate, but it was a bubble nonetheless. Bitcoin has been bouncing around for a long enough period of time and at a price significantly under the ATH to conclude it was a bubble. If it was not, you would need to see a quick recovery to near the same price, and both of those components have failed. There has neither been a recovery (let alone a quick one) nor has it risen to about the same price.

I agree with what you say, that the decline in bitcoin from $ 20k to $ 6k, makes people think that bitcoin is like a bubble. but when the price is too long in stability, I myself am confused to say that bitcoin is like a bubble or not. every thing that fluctuates I say like a bubble. but I don't think that bitcoin is the biggest bubble of all time. because in my opinion bitcoin still has stability for a long time.

Today many disappointed in Bitcoin people call it a bubble. I can understand these guys - they lost a lot and they blame BTC for their losses. In reality, they are wrong. This is the best crypto.

Right! Trust me mate all those people are surely going to repent because the way they call it bubble it shows their level of trust for crypto currency specially the bitcoin. It is reality that bitcoin changes the price but it falls only to give us opportunity so we can buy at lowest price and hold to sell later on high price. So for me bitcoin is the real happiness of my life it’s not bubble at all.

regret will be felt at the end, at this time it seems as if many people are berating bitcoin, because they are right for a while, but until later bitcoin rises high, of course they will be disappointed why not buy when prices are still as low as now, and certainly will regret it too having missed an opportunity

[Sadlife]

It's not a bubble but rather a manipulation to the price if you look at the coinmarketcap top 100 exchanges you'll see some unknown exchanges that has volume trading of millions per day. Now if you refer at this site https://www.blockchaintransparency.org

You'll find out that they have only few users but their volume trading is showing millions of dollars. Now that's suspicious.

[Indai24]

It's not a bubble but rather a manipulation to the price if you look at the coinmarketcap top 100 exchanges you'll see some unknown exchanges that has volume trading of millions per day. Now if you refer at this site https://www.blockchaintransparency.org

You'll find out that they have only few users but their volume trading is showing millions of dollars. Now that's suspicious.

If that's the case, I would suggest that bitcoin can atleast put some additional security on their system, no one should ever manipulate it becaise ot seems so infair to those who play fair.

[jatin729]

I don't think bitcoin is bubble because of its price fluctuations. as we know crypto one the controversial topic in the world and there are many uncertainties in the environment due to that if price has fallen that would not mean that bitcoin is bubble.
For example -- If there is war  between two countries due to that share market ( stock price fallen drastically) collapse what will you say that is there any bubble in the stock prices.. Not naa the same thing happened with bitcoin..

[bitcon]

I most likely now agree that the bitcoin is a bubble, because well, you can’t so quickly blow something up to incredible heights and also quickly burst the bubble to the lowest bottoms, this is only possible with bitcoin and almost all cryptocurrency, because almost all cryptocurrency depends from bitcoin. I think bitcoin will be considered a bubble until the government takes bitcoin and the whole cryptocurrency in their hands.

If the government takes Bitcoin in their hands, it will be the end of real decentralized cryptocurrency. Traders will be not able to make as much money as they can do it now. As for the bubbles...BTC is not one of them.

[noormcs5]

I most likely now agree that the bitcoin is a bubble, because well, you can’t so quickly blow something up to incredible heights and also quickly burst the bubble to the lowest bottoms, this is only possible with bitcoin and almost all cryptocurrency, because almost all cryptocurrency depends from bitcoin. I think bitcoin will be considered a bubble until the government takes bitcoin and the whole cryptocurrency in their hands.

If the government takes Bitcoin in their hands, it will be the end of real decentralized cryptocurrency. Traders will be not able to make as much money as they can do it now. As for the bubbles...BTC is not one of them.

Bitcoin is not a bubble at all. As far as governments are concerned , they may not be interested in legalizing bitcoin because they think it will be threat for their own financial system of the country. Bitcoin was meant to be decentralized and it should remain like this.