Is Bitcoin now the biggest bubble of all time?

[Sengoko]

Bitcoin is the biggest and strongest coin of all time.
Because bitcoin actually has utilities,
bitcoin can be used as currency,
It allows something that was not there before.

Bitcoin was and will remain the best coin amongst all other coins which are there in the list of crypto currencies. Since the time, bitcoin came into existence, it has made us surprised by number of things. Bitcoin is indeed the top rated coin and is going to rule the world one day. There is no other coin or currency which can compete with bitcoin in any way and bitcoin will remain the most favorite coin of all times.

[Blue Bell]

I believe that bitcoin is not a bubble it just drop big time because of all the fuzz happening and now its correcting it flow.

Yeah right bitcoin is not a bubble at all. It has huge profit and its own recognition all around the world. For some time price of bitcoin use to decrease that calls the dump or the red time but it is not for bad at all as if the price of bitcoin is low then it is the chance and opportunity to buy more bitcoin at an affordable price, for profit in future, we cannot call bitcoin a bubble for temporary price fall. As many people use to admire bitcoin as it has the fluctuation so everyone is able to buy it.

[Ludwig van Cryptoven]

May be is a bubble, so what? If it's a bubble, it's a very profitable one; so accept the opportunities that this "bubble" offers.

[Rubble898zaitO]

I don't think it is right to call Bitcoin as the biggest bubble of all time because it has already proven itself, it is indeed a revolutionary innovation that is the future of financial, banking, payment and investment systems. A lot of lives are changed by Bitcoin and I truly believe in its technology, the block chain would go a long way.

[Happydd]

Bitcoin can be viewed as a bubble . It can be blown up to the room quickly . Put money into your bitcoin investment can quickly get rich . But then the bubble could burst anytime it wants . You must also accept the risk when investing in bitcoin . Everything has two sides .

[Bitcoinjheta]

Bitcoin can be viewed as a bubble . It can be blown up to the room quickly . Put money into your bitcoin investment can quickly get rich . But then the bubble could burst anytime it wants . You must also accept the risk when investing in bitcoin . Everything has two sides .

Yes, that exactly happen when you think the negativity in other side is overwhelming. The fact that bitcoin is hard to eliminate because of people already amaze and addicted due to its platform that really helps the community to have a digital income that can be a profitable coin in anytime.

[Semaj123]

Bitcoin can be viewed as a bubble . It can be blown up to the room quickly . Put money into your bitcoin investment can quickly get rich . But then the bubble could burst anytime it wants . You must also accept the risk when investing in bitcoin . Everything has two sides .

Yes, that exactly happen when you think the negativity in other side is overwhelming. The fact that bitcoin is hard to eliminate because of people already amaze and addicted due to its platform that really helps the community to have a digital income that can be a profitable coin in anytime.

Some economist tend to spread rumours about bitcoin that it is like a bubble. Well, as its characteristics behaves like a bubble doesn't mean that we should be afraid in investing. Instead, we should be happy with it because we can multiple our asset in less than a year. Bitcoin is already established a good foundation and proved its power to help us earn some profits and in that way, we should continue to support its services.

[ricardobs]

I believe that bitcoin is not a bubble it just drop big time because of all the fuzz happening and now its correcting it flow.

I guess thats the spirit we all must have, just think positively and the outcome of it will also be positive. With all these dropping of the value of bitcoin is happening a lot of people are losing hope with bitcoin, but little do they know that it is normal since bitcoin is very volatile. How high the price went up in just a span of time is also why it is dropping rapidly.

That’s true, we should all be having positive thoughts and not negative cause negative thoughts will only bring more problems and even lead to more downfall of Bitcoin.

If we continue to say give only bad thoughts on Bitcoin, it will also discourage some people that are still trying to consider it, and will make them quit. But when we continue to say positive things, the community will continue to progress. Although it doesn’t favor everyone, but just work hard.

[GregH37]

Maybe it is the biggest or it is not. But why are we even calling Bitcoin a bubble? I thought this is a word that is being used by those economists that are seeking for ways to destroy Bitcoin? And what is even a bubble? Is Bitcoin a bubble? Some of us here claimed that a bubble means that Bitcoin is being sold at a price rate it is not worth.

But I’m getting a different definition From Google and that is– a type of economic bubble taking place in stock markets whereby market participants drive stock prices above their value in relation to some system of stock valuation. Seems to have the same meaning. But is Bitcoin a bubble? And is market bubble a bad thing? After all it was caused by the rate of demand according to the definition I found online.

[redsun114]

I believe that bitcoin is not a bubble it just drop big time because of all the fuzz happening and now its correcting it flow.

Yeah right bitcoin is not a bubble at all. It has huge profit and its own recognition all around the world. For some time price of bitcoin use to decrease that calls the dump or the red time but it is not for bad at all as if the price of bitcoin is low then it is the chance and opportunity to buy more bitcoin at an affordable price, for profit in future, we cannot call bitcoin a bubble for temporary price fall. As many people use to admire bitcoin as it has the fluctuation so everyone is able to buy it.

I also don’t consider bitcoin as some kind of bubble. If it were, it would have burst a long time ago. But we are still having this opportunity of investment around us. Bitcoin is the biggest wonder of this century. It has helped many people in changing their lives and has a great future.

Not only this, bitcoin is also said to be the future of our money. With the changing and advancing technology, I have firm belief is the last statement.

[Tenderino]

The biggest bubble in history is still the fiat money. Take a look what you could buy with $100 hundred years ago and compare what you can get with $100 today? Then you know what has lost most in value. Of course decreased the bitcoin price heavily few weeks ago, but prior to that the price increased heavily and you still have a huge win if you bought one year ago. But the fiat money continuously lost its value!

[usam_coiner]

The biggest bubble in history is still the fiat money. Take a look what you could buy with $100 hundred years ago and compare what you can get with $100 today? Then you know what has lost most in value. Of course decreased the bitcoin price heavily few weeks ago, but prior to that the price increased heavily and you still have a huge win if you bought one year ago. But the fiat money continuously lost its value!

bitcoin is not bubble at all it has given a lot to the mankind and you are right flat is bubble it is never worth giving to its owner and i am sure thos who are saying bitcoin a bubble will be impressed by bitcoin soon and will invest into bitcoin to earn from this mighty thing.

[rog1121]

I unquestionably concur with this, Bitcoin is at present on an insecure circumstance where in the cost may dump whenever in its most exceedingly bad and the pumping of the money were too moderate, which makes different financial specialists to be concerned and additionally the people who works and holds a benefit who anticipates that for it will be on a superior cost. The affirmed crash of Bitcoin isn't incomprehensible because of the way that few nations has been forbidding Bitcoin to their states.

[PizzaBTC]

Bitcoin is the biggest and strongest coin of all time.
Because bitcoin actually has utilities,
bitcoin can be used as currency,
It allows something that was not there before.

Bitcoin was and will remain the best coin amongst all other coins which are there in the list of crypto currencies. Since the time, bitcoin came into existence, it has made us surprised by number of things. Bitcoin is indeed the top rated coin and is going to rule the world one day. There is no other coin or currency which can compete with bitcoin in any way and bitcoin will remain the most favorite coin of all times.

Like you and many others, how beautiful it seems that we are talking about bitcoins with much confidence and determination that one day it will become the super currency of the time. Definitely this comes from the relation we all have with bitcoins. Bitcoins have shown amazing feats of successful traits for us that we have successfully increased and increasing our living standards.

[Tiktik]

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?

Bitcoin is the biggest bubble because bitcoinis the biggest  and so fast to increase more than other altcoins so i think this bubble will give an opportunity to al to get more and more money by doing trading i am sure 100 percent.

[nikisev]

BTW is bullshit picture. Checkout NASDAQ indexes, we doubled bubble rates since 2002.
And it 500 bilions, so there is not much users to get excited and push price really high.
BTC has limited supply and its awesome tech.
Check NETFLIX stock for example, looks very familiar.

[Janodevera]

While proponents of the digital currency bitcoin argue that its massive price appreciation over the course of 2017 is only the latest step in a rally that will see it multiply several times over from its current levels, another analyst has a far different take: Not only is bitcoin a bubble, it is the biggest bubble of all time. That view comes courtesy Howard Wang, co-founder of Convoy Investments, who charted bitcoin’s massive gain against other famous periods of speculation, notably the Dutch tulip mania in the 1600s, which had previously reigned as history’s biggest. Like other analysts, Wang said he was “highly bullish” on blockchain, the decentralized ledger technology that is the underpinning to bitcoin and other digital currencies, though he was skeptical on bitcoin’s long-term price prospects.

[Cryptomagnus]

If there is something that men aren't good to do, is to make evaluations about future.
If you read the past declarations of "experts" in any field, you can see how true it is:

-"nobody will lose his time to watch a wood box": it was the TV.
-"nobody will keep on his desk something called mouse"
-"640k of ram will be enough for any application" (oh, this one is from Bill Gates...)
-"there is a market for just 3 computers in the whole world"
-"the internet is interesting only for researchers and big corporations"
-"google is a bubble"
-"facebook is a bubble"

and so on

So, instead to listen to experts' predictions, it's not better to exploit this "bitcoin bubble"?

[yepaiyique2]

Fiat money is the biggest bubble, and it is up to the people to pay as much as they want.

Bitcoin has been around for nine years, and it's been five years since the so-called experts have been singing bubbles, to understand bubbles, to first understand inflation and deflation, bitcoin is deflation, tulips are inflation, and money is inflation.

[South Park]

It really depends what parameter are you using to define big. If you're talking about money invested, impact of the pop or how much it affected people's life.

Bitcoin is not a bubble, there are several other industries that behaved like a bubble and never went down since those were new technologies, people like to talk about the dot com bubble but what they do not tell you is that after that the stocks that survived went to become the huge companies of today, those that invested in bad stocks lost money but those that invested in good stocks became rich.