Is bitcoin just a big bubble that is ready to burst anytime soon?

[Sweeet123]

There has been a lot of speculation of bitcoin being a big bubble ready to burst,what are your thoughts about it

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[777asianinvasian]

Depends on what your definition of a bubble is and about how big this crash will be. If you think it is pushed up too high then yes it is in a bubble but I don't expect a severe crash and for bitcoin to be worth 1k in a few weeks. I expect bitcoin to be worth probably still 10k if a crash happens and that would be quite big for most who recently got into crypto. Overall yes but not the the way the media projects it imo.

[virtualdn]

Sure, it will burst out in 2140.

[Sutters Mill]

There has been a lot of speculation of bitcoin being a big bubble ready to burst,what are your thoughts about it

There's a lot of fud going around and a lot of it is coming from naysayers who are butthurt they missed out on the bitcoin boom. However, that's not to say bitcoin isn't going to be a bubble, but as the above guy said, it depends on how you define a bubble. If bitcoin falls in value dramatically for whatever reason then people will say the bubble burst and feel pretty smug with themselves. However, of course it could keep going up and up but I don't think that can last forever and if you look at bitcoin's history it is full of many up and downs and I'm sure both of those things will happen again in the near future.

[joinfree]

What i think? That this post is a huge crap, this question has already been asked more than 100000 times in here, it is always the same.

There has been a lot of speculation of bitcoin being a big bubble ready to burst,what are your thoughts about it

And what are your thoughts? Is i see that you are posting everyday, dont you see that there is always the same thread on the same discussion everyday?

It has already been discussed, a lot of people think that bitcoin is a huge bubble, and a lot of people are saying that it is not, and that the price is only going up because of mass adoption.

No one knows, if you really think that you are risking your money, then dont invest, and that is it.

[grumpy619]

Sure, it will burst out in 2140.

yes! the same thoughts.everyone who is saying that bitcoin is a bubble - just pass by, risk is not for you. i dont know what will going on with BTC next several years, but i guess we all , guys, will make some money. How big money - difficult to say. But i better will hold the part of  my savings in BTC and other TOP cryptocurrency, than in the bank.  

[Gabb]

Regardless of the possibility that bitcoin is a bubble, I think it is difficult for someone of the real bitcoiners who have remained in this community for many years despite the disbelief of many, may feel disappointed or frustrated before an eventual crash in the value of bitcoin, because those who would really be affected would be the greedy speculators who are arriving at the last minute animated by the digital gold fever, willing to pawn up their shirts in order to get into "the trending business".

And they really deserve bankruptcy.

[jlanzago]

It is not just a big bubble. Is quite a movement and we are still in early stages of adoption. However there is a risk, and this is why you should be diversified. Never have all your money in only one investment.

[alani123]

It wouldn't be impossible for bitcoin's recent price spikes to be the result of a bubble. However, I think that there has been quite a bit of support in the span of 2017 and the money flowing intho crypto markets has allowed for support that crypto hasn't observed again. So even if selling pressure begun the newly found demand would hold up on for support at a recently reached level.

[Sutters Mill]

It wouldn't be impossible for bitcoin's recent price spikes to be the result of a bubble. However, I think that there has been quite a bit of support in the span of 2017 and the money flowing intho crypto markets has allowed for support that crypto hasn't observed again. So even if selling pressure begun the newly found demand would hold up on for support at a recently reached level.

The strong support is what's pushing it forward right now and I think it will carry on into 2018, but that support can dwindle very fast. It's when the new investors stop pouring in that the price will begin to stagnate and then fall. A lot of people will get scared and then start to panic and that's what can set the wheels in motion for a bubble I think. Bitcoin will bounce back though as it always does but a lot of these newbies investing right now will soon panic and vanish if the going gets tough.

[joesan2012]

Hello , everyone here I need your explanations  to those who has a deeper understanding in bitcoin , does anyone here can explain to me what is really bitcoin bubbles mean? Im almost 6 months in this industry but still can't get it what does it mean. Is it negative or positive tern for bitcoin? Is it a sign of pumping or or a sign of possibly massive dump for bitcoin? Please I need concrete explanation?

[Sutters Mill]

Hello , everyone here I need your explanations  to those who has a deeper understanding in bitcoin , does anyone here can explain to me what is really bitcoin bubbles mean? Im almost 6 months in this industry but still can't get it what does it mean. Is it negative or positive tern for bitcoin? Is it a sign of pumping or or a sign of possibly massive dump for bitcoin? Please I need concrete explanation?

Have you not heard of google?

https://en.wikipedia.org/wiki/Economic_bubble
https://www.investopedia.com/terms/b/bubble.asp

From wikipedia:

An economic bubble or asset bubble (sometimes also referred to as a speculative bubble, a market bubble, a price bubble, a financial bubble, a speculative mania, or a balloon) is trade in an asset at a price or price range that strongly exceeds the asset's intrinsic value.[1][2][3] It could also be described as a situation in which asset prices appear to be based on implausible or inconsistent views about the future.[4] Asset bubbles date back as far as the 1600s and are now widely regarded as a recurrent feature of modern economic history.[5] Historically, the Dutch Golden Age's Tulipmania (in the mid-1630s) is often considered the first recorded economic bubble.

And no, it's not good.

[GreatOrchid]

I agree with the other user who posted the same, this has been asked a lot in here, maybe more than 10 times a day, when are you all going to stop posting this crap in here?

does anyone here can explain to me what is really bitcoin bubbles mean? Im almost 6 months in this industry but still can't get it what does it mean

It means that they are saying that bitcoin will crash = go down to zero, because they think tha the price is unreal, so it means that once that it gets X price, it will start to bleed and get back to it's roots.

A lot of people are saying that it will probably touch less than five thousand dollars if it crash, but there are a lot of speculations, and no one knows what is really going to happen, or if it is going to crash or not.

[HabBear]

There has been a lot of speculation of bitcoin being a big bubble ready to burst,what are your thoughts about it

It's all crypto currencies, not just Bitcoin. Bitcoin will survive if we see the bubble burst...it's survived 80% drops before, it'll do it again. The healthy thing about a bubble is that it cleans out the rubbish coins that have weak or no business model. It's like a forest fire, it cleans out and ultimately will rejuvenate the market.

Coins like Bitcoin, Litecoin, Ethereum, Ripple, Monero, Dash will all survive. And so will new ICOs that have sound business models. If the coin or token provides utility to the market, there will be value and growth.

[Drnice]

Bitcoin has been called alot of things right from time. Most people say its a scam, some others say it's a ponzi scheme, and you are not the first person to call it a bubble. Bitcoin has survived over 8 years now, and it is still surviving. There can't be any burst in bitcoin, because the bitcoin fans/backers are much, and more are coming in on daily basis.

[ir.hn]

Bitcoin is currently in a pump and dump by china and china will not dump until they can make 5 trillion off of their peoples coins.  See my analysis:
https://bitcointalk.org/index.php?topic=2530391.0

[dali_masmoudi]

Many critics says that Bitcoin has that bubble effect, he still growing and growing and growing and suddenly there will be absoloutly nothing.
But I think that it is different with Bitcoin because there is some drops and raises, UPs and DOWNs which can warn us sometimes that something is going to happen.
This is really a good sign and I see that this is one of the positive things about cryptocurrencies in general.

[TreeOfDeath]

Its a very true ques,
roumers say it can burst any time but cant say about the destruction will happen how much,lots of bitcoins users don't have any other way after bursting of bitcoin.
so, we should be carefull and have to think other options as well.

[qxo35]

Of course everything that is growing so fast is a bubble. Only question is when this will break and how to earn as much as possible before this happens.
But I doubt that it will fall dramatically. And even if it falls back to few 1000usd, it will really soon grow back with even more market cap because people will then go crazy to buy it back and really low price.

[PMmesexycoins]

It will burst, one day.
It is a matter of when.

Even if it were not functional, inferior to alternatives, it could still survive. Humans don't always make the best choices, and currency is a bit like a cult, or religion. Sorry if it offends the religious ones out there.