Is Bitcoin now the biggest bubble of all time?

[hispout]

When bitcoin starts to form and develop. These suspicions always appear overwhelming on the pages of most popular magazines around the world. They call it a bubble, a money laundering organization. And even call for a boycott of bitcoin. But the result, bitcoin away from the unknown doubts to the development and the incredible popularity. Compared to the market downturn, the bitcoin value is still a desirable figure in previous years. The problem here. The reason why Japan supports and accepts as a legitimate currency and applies taxation in bitcoin auctions on commercial sites? It depends on the instinct to see and think of each person.

Yes, prices on bitcoin continue decreasing but not too fast and not totally called as a bubble.Bitcoin is slowly recovering its value because people believes that currencies still has a potential to be the future currency in all over the world, people think like this ,"I don't care about the prices  on bitcoin as long as bitcoin still exist in a future".That's why people still hodl their currencies .

We can see a strong believer of people on bitcoins that they are willing to hold their coins until an unidentified time. They can rely on this confidence that bitcoins never ever goes down and will survive back. So seriously things aren’t that much bad as the media is telling about bitcoins. Yes prices are not getting up but this is normal. They are just usually in dip, and will just jump out soon.

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[gusnulyadi]

It is interesting to discuss this theme, I think bitcoin is not a bubble, given the bitcoin of the next evolutionary representation of banking and electronic payment systems, this is a form of the advancement of the times.In this case, bitcoin will not become bubbles, perhaps better described as the future ? If that makes sense.
That can come down to how many legitimate needs exist for technologies such as bitcoin. It is something that is not easily measured as far as I know. If there is a real and frightening need for bitcoin and crypto currency that will sustain their growth, it may not be a bubble at all.

[Spaffin]

By itself, bitcoin technology does not contain any signs of a bubble. However, when, due to the speculative speculative demand for it, it rose to $ 20,000 in December last year, it proved to be a financial bubble. Only those who do not want to see this do not see this fact. Bitcoin needs to be developed functionally, first of all, to make it so that it can be used for its intended purpose as a means of payment, that is, that it fulfills its direct functions of money. Otherwise, we, it turns out, grow unclear what is very high cost. What for? To console yourself with the fact that we have a lot of capital? However, it can depreciate completely in one day with this approach. This approach is very harmful to all the crypto currency, most of which are very useful for people.

[alisa20172020]

I don't think bitcoin is the biggest bubble in history. People now like to compare the tulip bubbles in Holland in seventeenth Century and bitcoin to know that the current bitcoin has strong community support, and in the future it is likely that bitcoin is used by more people because of the development of block chain technology, I think bit. The community of money is still expanding, and there is not much bubble.

[wewe123]

If bitcoin is a bubble after a while it will burst and then vanish, but bitcoin is growing very strong and establish a stable circulation in the digital world and gaining popularity more and more and expanding bigger and bigger in the digital world.so bitcoin is not a bubble.

[arifteguhr]

Bitcoin is knowwhere near the size of the dot com bubble. Not even a sniff

really nowhere the size of dot com bubble?wayback december last year yes it is,how it reachs the highest price it could ever with just a month.could you imagine how large is that amount and considering that its price has just pumped month before december then?bitcoin is bubble last december and that is the true?

indeed bitcoin will be bubble but now there are many factors that make it will be slightly reduced. many countries have agreed and made a special regulation for btc this means they can already see prospects in the future. that bitcoin will be successful

[Rustamm]

Bitcoin is still a small bubble. It will be great when it reaches large price values. If it bursts, then when its price will be very large. Well, for now, investing in it is not a particular risk. You just need not get carried away and be able to always stop in time. The other crypto currency of the small value of the characteristics of the bubble does not manifest and will exist for a very long time.

[dolagani]

That's not the same. We are profiting primarily from bitcoin as it is our own currency, no one has absolute control about, allowing us to freely  trade and invest. Earning from 'bubble' prices is by exchanging bitcoins to fiat at a higher price than it was bought. Leaving the cryptoworld ! And trading an asset.

[p i e c e]

It is interesting to discuss this theme, I think bitcoin is not a bubble, given the bitcoin of the next evolutionary representation of banking and electronic payment systems, this is a form of the advancement of the times.In this case, bitcoin will not become bubbles, perhaps better described as the future ? If that makes sense.
That can come down to how many legitimate needs exist for technologies such as bitcoin. It is something that is not easily measured as far as I know. If there is a real and frightening need for bitcoin and crypto currency that will sustain their growth, it may not be a bubble at all.

Bitcoin is not sure a bubble. It is the greatest currency of all the times. I believe that even the most skeptical people will soon admit this real fact.

[SplendidHunter]

I dont know, just there was already many posts like this, and whatever bitcoin is still standing and people getting life better with it, still. So I continue to work, but not to invest.

[member1]

The dollar in itselft is the same bubble since it's not supported by golden standart after WW2. It's also contolled by objective and subjective resons, like market fluctuations, speculations, oil/gas prices etc. Nit much difference for me

[Ngewex Yuk]

I think bitcoin is not the biggest bubble of all time, in fact many people feel a huge benefit because bitcoin, we can transact easily and because people feel the great benefits are then they keep in large amounts that affect the price.

[Sled]

I don't think that bitcoin is the biggest bubble of all time because if bitcoin is a bubble then it already popped and we can see a lot of people dumping it but there is no such thing like that since the market of bitcoin is just experiencing up and downs because of the volatility and it doesn't look like a bubble to me since the price of bitcoin didn't go from 0 to $1,000 quick and goes back to 0 again.

[vaughn125]

Bitcoin is knowwhere near the size of the dot com bubble. Not even a sniff

really nowhere the size of dot com bubble?wayback december last year yes it is,how it reachs the highest price it could ever with just a month.could you imagine how large is that amount and considering that its price has just pumped month before december then?bitcoin is bubble last december and that is the true?

this December we are expecting something larger than the previous December so price of bitcoin this year will be highest price ever, I think we should make more investments, trying to get the huge profit will be my first priority so I have planning to put my capital bitcoin at this time of low price to sell it later at the high price, so I am going to hold it and never let the market of bitcoin down, bitcoin is the reality of all rich people in my society for me it’s not bubble but all bubble of profit are make with bitcoin only.

How can you even be so sure that the your expectation that the price of bitcoins will be bigger than last year will really happen? Even some of the traders that have been trading for years did not expect the fast fall of bitcoins which has lead to big losses on their ends. Sure, the price of bitcoins will truly rise but how much? we will never really know exactly. Hence, it is very important to invest only amounts that we can afford to lose as an investment.

[Pejoh Asu]

Can be said that bitcoin is the biggest bubble of all time, a bitcoin has become a phenomenon because it becomes a trend that makes many countries worried about the development of bitcoin, even many countries are banned bitcoin because it is suspected used for illegal transactions such as increasing corruption, drug transactions and so on.

[Betheng10]

It might be, but for several years it is known to be volatile like it is today. Although the sudden hike of price at 18k last year was it's highest I think so far and it has not recovered anywhere near it again.

[SplendidHunter]

There are so many people telling that bitcoin is a bubble, but still there is a possibility to earn profit from it. So just work =)

[patarfweefwee]

There is a possibility that it is a bubble. Then again, it has alot of movements such as dips and rises. The more people holding on to their coins, the more stable bitcoin will be. I just hope we understand this, and just hold and buy more coins. The more stable bitcoin is, the more it will never be a bubble.

[slyfox]

It was a big bubble no one can deny that but fortunately for us the bubble already popped and yet the price of bitcoin is still high which should be a clear sign that not all of the growth that we got was a bubble, many people adopted bitcoin, the technology improved and there were good news in those months so not everything was hype there was real growth.

[Sithara007]

First of all, we still don't know whether the recent crypto craze is a bubble or not. Even if it is a bubble, the largest market capitalization ever recorded was around $750 billion on December 2017. Compared to this, the market cap of the Dot com stocks in 2000 was close to $6 trillion. So even if this is a bubble, it is not the biggest.