Is Bitcoin now the biggest bubble of all time?

[DRVX]

Bitcoin is not going to following the disappointed trend of such previous bubbles. It is a different phenomenon on its own. Bitcoin is money, and as such there will always be an increasing demand for it.

It is not the money in the usual understanding of this word. Bitcoin is an asset. Naturally, BTC cannot be called a bubble as this cryptocurrency managed to prove everybody - it will survive and live long.

[krishnaverma]

Comparing bitcoins to other MLM schemes or bubbles is not right. Bitcoin has already survived for more than 10 years and is still going strong. The prices had reduced currently but it has always recovered from such condition in the past.

I do not think that bitcoin is the biggest bubble of all time, in fact there are still a lot of earning opportunities available with it.

[Best Dreams]

Bitcoin is not going to following the disappointed trend of such previous bubbles. It is a different phenomenon on its own. Bitcoin is money, and as such there will always be an increasing demand for it.

It is not the money in the usual understanding of this word. Bitcoin is an asset. Naturally, BTC cannot be called a bubble as this cryptocurrency managed to prove everybody - it will survive and live long.

For sure it is not bubble id you explore the world most used source of earning so you will get to know that bitcoin investment is running at the top these days. People are spreading such bad news only to reduce the number of investors and they have planned to buy huge amount but after making the market fall down. So don’t listen to them keep buying and keep holding.

[sakokinak]

I'm not sure that bubble is the right word for Bitcoin. Usually bubbles don't last so long and there is usualy some scheeme behind it.
But Bitcoin is definetely some kind a phenomenon, new technology that made a huge success in relatively short period of time and definetely five or six years ago no one expected that it will achieve such value.
And the game is not over yet. I strongly beleive Bitcoin is here to stay and this phase now with the low price is just one of many that will come along with those good ones too.

Yes, bubbles burst quickly. They do not last for many years. Bitcoin is the first cryptocurrency, the father of all the other cryptos. It is one of the best (now) investments that can bring you profit.

[Semosuchi Tesongrato]

Everything on this planet is a "bubble" destined to explode. And there are official "bubbles" that are much more explosive than bitcoins.
What we can do is try not to be nearby when the bubble really explodes.

[akram143]

Everything on this planet is a "bubble" destined to explode. And there are official "bubbles" that are much more explosive than bitcoins.
What we can do is try not to be nearby when the bubble really explodes.

I don't have any trust like the previous thing because they are gone we are here to survive and live the better life so we need to accept the situation whether it is good or bad but Bitcoin is not like the previous things hoping very much for the future development and it will not definitely leave our hands at anytime.

[deadthings]

The price of Bitcoin has been falling rapidly for several years and then it is growing even more rapidly. If we ask if it's the end of Bitcoin, the answer is: definitely not! If it continues to develop at such a tempo as now, we can be sure that in a year or two we will see several times bigger bubble on the price of Bitcoin as it was in 2017.

[ros_hina]

I think bitcoin has recently become a hot topic among many people, especially economists. But when moving towards the index, many doubt how stable the actual bitcoin market is. Recently, an expert from Yale who is considered the most influential economy on Wall Street described it as a speculative bubble that is dangerous because of the lack of fundamental economic values underlying the concept.

Despite the lack of understanding of the mechanism by many investors, why and how does he continue to prosper?

[Vaculin]

I'm not sure that bubble is the right word for Bitcoin. Usually bubbles don't last so long and there is usualy some scheeme behind it.
But Bitcoin is definetely some kind a phenomenon, new technology that made a huge success in relatively short period of time and definetely five or six years ago no one expected that it will achieve such value.
And the game is not over yet. I strongly beleive Bitcoin is here to stay and this phase now with the low price is just one of many that will come along with those good ones too.

Yes, bubbles burst quickly. They do not last for many years. Bitcoin is the first cryptocurrency, the father of all the other cryptos. It is one of the best (now) investments that can bring you profit.

It's time to buy Bitcoin at a low price now because if the price stabilizes, maybe you think again to buy Bitcoin later. There are a lot of things we have to go about making profits in the future.

The price is cheap right now, even if it's not stable or stable based on how you see it.
The bottom is already in like the ETH founder said, so it's up to us now if we are brave enough to make a decision to buy when everyone is worrying.

[Argoo]

Yes, Bitcoin is a bubble in terms of financial relations, because it is not based on financial relations,
but on a new technology. For the means of payment this is not enough. However, no one knows what will happen to Bitcoin. He may die in a few days, or he may exist for centuries. Time will tell.

[Amevalentine]

I believe so too. This fluctuative price of bitcoin is a problem, so I think it's possible for bitcoin to crash in any time. I totally believe that it's very risky to buy bitcoin at this rate. That's why I stick with altcoins now

for me it could be because bitcoin is like a small and enlarged bubble and in 2009 until now I think bitcoin is still growing despite facing a lot of problems with dibitcoin problems

[aeternus]

Yes, Bitcoin is a bubble in terms of financial relations, because it is not based on financial relations,
but on a new technology. For the means of payment this is not enough. However, no one knows what will happen to Bitcoin. He may die in a few days, or he may exist for centuries. Time will tell.

If bitcoin lasts that long then it was not a bubble, one thing that some people may miss is that when a new technology is created the volatility and the price movements are very similar to what you see in a bubble created by speculators, so I really believe that what we are seeing is something similar to that and many people which said that bitcoin is a bubble will have to recognize their mistake.

[pinoyden]

Yes, Bitcoin is a bubble in terms of financial relations, because it is not based on financial relations,
but on a new technology. For the means of payment this is not enough. However, no one knows what will happen to Bitcoin. He may die in a few days, or he may exist for centuries. Time will tell.

If bitcoin lasts that long then it was not a bubble, one thing that some people may miss is that when a new technology is created the volatility and the price movements are very similar to what you see in a bubble created by speculators, so I really believe that what we are seeing is something similar to that and many people which said that bitcoin is a bubble will have to recognize their mistake.

actually bitcoin already existed for nine feakin years and it is considered long enough to say that bitcoin is not really a huge bubble . people only mistaken it as a bubble because they dont consider the risk before they invest and now they loose . they know starting to blame bitcoin but actually that is thier own fault .  volatility is not a bubble but rather it is only an advantage in order for us to earn good income  as long as you know how to wait .

[lamadu3]

Everything on this planet is a "bubble" destined to explode. And there are official "bubbles" that are much more explosive than bitcoins.
What we can do is try not to be nearby when the bubble really explodes.

Sure, everything can die finally. You can call it a bubble. As for Bitcoin, it is the greatest asset, and BTC is one of the best investments as soon as with time, BTC price will be only going up.

[STT]

The problem with comparison on that chart is the pricing for all those things existed long before they first tracking it on that chart.    Obviously we had tulips a long time before they rose in price and popularity greatly.
The point for BTC technology was it was never in existence prior and is unique as a sector not just another type of something

When they talk about biggest ever, I think they should probably take the pricing average over 2013 or a similar year as a starting point

[Janation]

Everything on this planet is a "bubble" destined to explode. And there are official "bubbles" that are much more explosive than bitcoins.
What we can do is try not to be nearby when the bubble really explodes.

Sure, everything can die finally. You can call it a bubble. As for Bitcoin, it is the greatest asset, and BTC is one of the best investments as soon as with time, BTC price will be only going up.

You are saying like it will happen though we are still not sure about that.

Predictions can be made and you can relate them to some announcements, to your analyzation of the price charts and price movements. It is true that everything will eventually die but I think you should not think about that. Bitcoin may live even after a long time and we might not be able to see that because we will be passing before that happens.

[darkr]

Everything on this planet is a "bubble" destined to explode. And there are official "bubbles" that are much more explosive than bitcoins.
What we can do is try not to be nearby when the bubble really explodes.

Sure, everything can die finally. You can call it a bubble. As for Bitcoin, it is the greatest asset, and BTC is one of the best investments as soon as with time, BTC price will be only going up.

[Black Angel]

Every time of course there is a trend, we all know that the most popular trend now is bitcoin, if anyone says bitcoin is the biggest bubble of all time because they never feel the benefit or are late in knowing bitcoin.

[tonlong]

Although the value of Bitcoin is huge and it falls very fast, but I think Bitcoin is not a bubble like the evidence you mentioned. Because the cycle of Bitcoin's survival and development always happens. When it reaches a high price it will decrease and then continue. If Bitcoin is a bubble, it will break and not last as long.

[fauzan Ichsan]

Although the value of Bitcoin is huge and it falls very fast, but I think Bitcoin is not a bubble like the evidence you mentioned. Because the cycle of Bitcoin's survival and development always happens. When it reaches a high price it will decrease and then continue. If Bitcoin is a bubble, it will break and not last as long.

the nature of crypto has a high volatile, so anything can happen, but indeed it is not a bubble. moreover the price is formed purely from the demand and supply that occurs, so that if many transactions occur then the price is easy to move