Is Bitcoin now the biggest bubble of all time?

[roomboy85]

Yeah. Bitcoin is now the biggest bubble of all time becuase its value is unpridectable nobody knows if bitcoin is what exactly amount reach. Bitcoin is bounceback and after that he can fly to the moon. Bitcoin is the biggest and strongest coins of all time.

do you even understang what are you talking about ?
you said Bitcoin is a biggest bubble of all the time because its price or value is unpredictable and it can fly to the moon.
but at the same time you were saying about the biggest and strongest coin of all the time ?
bubble mean something that does not have a good foundation behind them.
which mean it's a weakest asset that can be manipulated totally by people,
people can push it to the sky and at the same time people can push it to the ground until it lose its value.
it's very clear at this moment Bitcoin is not part of the bubble and it has not yet to reach that point.
the reason behind this ridiculous pump due to demand that keep increasing from time to time,
the whales took that as a chance to maximize their profit.
no more than that.

I dont understand what she want to explain in bubble and it make me going crazy☺
Bitcoin is not part of the bubble because it still kicking and rising again how it become bubble if there is a big change in price value?

[jademaxsuy]

Well i hope it is not because i am starting to like bitcoin in a means of another source for income. As this is the positive way that i could be able to earn on while working so hard in my current job. I know that this will help me to provide means for the family and it will be one of a good source of income also. So for me bitcoin is not a bubble it is just that people for now are still holding their money to invest.

[zedicus]

it seems you are wrong to say bitcoin as a bubble because it means bubbles after rupture will not be able to recover again while bitcoin can still do the price recovery so bitcoin can be said as a wave, and yes the waves that occur when the end of 2017 is very high.

That is so true, people just don't know what bubble means, after downs like we had so many times bitcoin showed that it could go up again and people are still saying that is is a bubble...

I am not saying bitcoin as a bubble because i don't know what it really means and it was far from the idea i am thinking behind that bubble. That is ugly to say bitcoin as a bubble if you don't know it and tellling it from other people. I can't remember who said bitcoin is a bubble is media and now it proves he is ine of those who doesn't really know the value of bitcoin.

[Eigig]

Others say that bitcoin is the biggest bubble of all time especially the haters of bitcoin ,but years has passed now and bitcoin is there standing very still , gaining more praise to the investors and customers that really experienced the goodness of bitcoin in the cryptoworld

[jaysabi]

it seems you are wrong to say bitcoin as a bubble because it means bubbles after rupture will not be able to recover again while bitcoin can still do the price recovery so bitcoin can be said as a wave, and yes the waves that occur when the end of 2017 is very high.

That is so true, people just don't know what bubble means, after downs like we had so many times bitcoin showed that it could go up again and people are still saying that is is a bubble...

1) That's not what bubble means. A bubble is something that drastically changes in value without substantiation or a particular reason, especially because of hype. This can happen when the bubble is inflating as easily as when it is popping.

2) Eventual price recovery doesn't mean it wasn't a bubble. Housing prices in the US have largely recovered from the housing crisis, but housing in 2008 was undoubtedly a bubble.

3) Bitcoin hasn't come close to recovering what it lost anyway, so your example is wrong in this particular case. Bitcoin was a bubble last December and the fact that it hasn't recovered the still 50% of value it lost, it only further illustrates how much of a bubble it was and by your own logic.

[tailwate07]

it seems you are wrong to say bitcoin as a bubble because it means bubbles after rupture will not be able to recover again while bitcoin can still do the price recovery so bitcoin can be said as a wave, and yes the waves that occur when the end of 2017 is very high.

That is so true, people just don't know what bubble means, after downs like we had so many times bitcoin showed that it could go up again and people are still saying that is is a bubble...

Before playing this blame game, I think we all must know what bubble is. If you are really unaware of this word, then get this definition from google. Bubble is something that just comes out, get some life and then vanishes in very next moment. Now just ask your heart, really can you relate this definition of bubble to bitcoin? Bitcoin has always been coming out of the box.

[romero121]

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.

[jaysabi]

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.

[maaydin]

the price which has gone until 17-20k was obviously a bubble and it bursted, this was known by many traders. besides it if we think long term the governments consider on regulating the btc and crypto which makes it not a bubble if done so.

[amber deposit]

If this happens, I think there are a lot of people who are suffering because now I see a lot of people investing all their money in the market. And now the money invested in this market is huge. It has given me a lot of profits before, but I'm worried too.

[Rausachcatur]

The exchange rate fluctuations are not stable is very normal. And the bubble bursts when it reaches a limit point, but Bitcoin has not yet reached a limit point.

[UchihaRukawa]

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 we cannot call it a bubble completely, we have seen it went sky high then it suddenly went crashing down, yes, it true, some people may call it a bubble, But for me, I can see that its price is still higher than its price years ago, that is why I cant call it a bubble just like some people are saying, although it hurts to see bitcoin crashing even more.

[jdebunt]

There has never been any valid association between Bitcoin and the "bubble syndrome" whatsoever. Simply because a market's value rises, comes down, and then rises again doesn't mean it is a bubble. Instead, that is how markets work, especially the ones key to supply and demand like Bitcoin itself.

The only thing genuinely in a bubble is traditional finance, a system which is bound to collapse on its own sooner rather than later. The way banks and corporations control finance is not sustainable for much longer, and a reckoning will occur sooner or later. That might not necessarily draw more people to Bitcoin, though.

[erikoy]

Im afraid on investing cryptocurrency after seeing those investments that are bubbles also. I can't really believe that there are investments other than bitcoin that are just bubble also. I just that bitcoin will not be like that. I just want that bitcoin to be regulated and then it will going to go like stock market.

[Experia]

we can say it is a bubble due to its all time high down to this todays value, but the good thing is the value is still good because when we say a bubble it means that the value from 10-0.

[andriarto]

we can say it is a bubble due to its all time high down to this todays value, but the good thing is the value is still good because when we say a bubble it means that the value from 10-0.

right, as long as I still have value I think it's like a bubble hasn't broken. even though with high volacity, bitcoin is still fighting, with lots of demand, and the downward trend is natural

[TheClownSong]

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

[boyz97]

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

we could called it buble if no more investors interested in this market.but now , the fact was different.BAKKT even will launched their futures trade for bitcoin and ethereum.no more people said it as bubble again.

[matchi2011]

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.

[zacad]

You overestimate Bitcoin, and cryptocurrency is just the corner of traditional finance. There is still a long room for growth in cryptocurrencies. It is still very small. The biggest bubble in human history is real estate, and real estate in major cities around the world may collapse at any time.