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

[tlkchain]

Bitcoin will give people who have it the illusion that they can always have wealth once they understand the value of the currency. Bitcoin is the biggest bubble, but no one knows when it will burst.

[akram143]

Yes,maybe or may not be.People keep saying bitcoin bubble will burst soon for so many years like from 2011 when the price of one bitcoin is around $50 but still nothing happened.The price is just bumping and dumping according the the demands for the coins.
No one really knows when the bitcoin will burst maybe in some years or in some centuries so now I am not worrying about it now just make money from the bitcoin is my strategy.

[Harlot]

It is really hard to classify Bitcoin as one as even though it has the characteristics of a bubble like it has no fair market value or a basis for its price it can still recover. Unlike any kind of bubble when it burst it won't recover, we have recently saw that when Bitcoin goes down it recovers right back again and it has done it several time. We can say that Bitcoin is a bubble but it can be pop several times and still live.

[gigatux]

I like how you make your sentence but I think bitcoin is not just only a bubble it is a bubble where if it pops then that's the end of it. in today's era bitcoin is still in its experimental era where if a bubble pops the satoshi nakomoto company will blew another bubble. I believe that bitcoin has a chance to be the future curency. yes, currently we are at the bumpy road of bitcoin but I'm pretty sure it will also find its own straight path.It might take years but who knows?right?.

[Nellayar]

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

Maybe the speculations are true but we cannot predin when it will happens. A big dip down of bitcoin will cause for other investors to sell out their bitcoins and maybe if that happens, bitcoin will continuously goes down and will result for crashing.

[akkocoin]

I think irrational rapid development will inevitably lead to a large number of bubbles, and all bubbles will burst, now bitcoin has accumulated most of the bubble, so we all become panic.

[pawanjain]

You can call it whatever you want but what really matters is it's return. At the end of the day you will just see how much profit you have  made from investing in Bitcoin. The market right now is down and this would be the best time in history Bitcoin would be at this price. You can consider it as cheap as dust because i don't think it will ever come back at this price again. A bubble is something which grows more than its actual worth and comes back to it when it bursts. Bitcoin has a worth lot more potential and so it will continue to rise in future giving corrections like these then and there. It is known that majority of these coins are owned by the early investors and they will surely use it to manipulate the market every now and then. The weak hands will loose the money while the HOLDERS will gain profit in future.

[Ryan Dugan]

People that speak about bitcoin being a bubble don't really understand what is going on. You can call anything and everything a bubble so it really has no meaning at all.

[usahaali05]

Exploding exploded how?, burst into high prices, or burst into ruins?

[Sean25pogi]

of course yes it is just like a big bubble who will be ready to burst anytime, because bitcoin can boom any time and I'm any situation, if many uses it and investing in it it will surely burst.

[jakerfox]

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

Yes you can call it a big bubble,   It's quite a movement yet adoption of bitcoin are still in the early stages. But there is always a risk, this is the reason why you need to be diversified. Never try to put all your cash in a single investment.

[godfredmanu]

Fear and panick has catch the uninitiate. This is not the first time bitcoins have behaved this way. The only difference is that this time it went to 20000 and came back to 10000. nothing will happen. It will rise back.

[ladydark]

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

I think that no asset or stock which would last for a high price for much longer time could be termed as a bubble and so bitcoin is not a bubble.

[RonJohannson]

Bitcoin is NOT going away. Too much investment, too much potential.

I think it’s a bit expensive and slow in terms of buying something in a certain type of situation, like it’ll never be an option at a McDonald’s drive through for example.

But for eCommerce, heck yeah! And it would only take one big mecrchat to get the ball really rolling, I’m thinking Amazon or Apple should do the trick. If that happened then buying it at $9,000 would look like a bargain.

I just can’t see fiat being the ONLY way to pay 5-10 years from now 

[usahaali06]

Such a thing is common in bitcoin, because in fact it must be like that. Bubbles will continue to occur while there are still conditions where bitcoin traders are more than bitcoin users, and the bitcoin trader's activity is monotonous (just buy and sell bitcoin), bubbles will form if the assets of investors planted dibitcoin swell due to rising bitcoin prices, and bubbles it will explode when investors withdraw their already profitable capital.

[ThorWin]

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

I do not believe bitcoin is fragile, bitcoin only fluctuate in price. At present bitcoin is being accepted by many countries, developing many convenient payment systems, if bitcoin will affect many economies in the world. My guess is that bitcoin will thrive in the future. Bitcoin can replace cash in many countries.

[Rrtt]

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

This question has been ask since bitcoin is conceived. But until now the bitcoin bubble as they say has not burst. They are just speculation to create fear among the bitcoin community. Right now bitcoin is rock solid and moving strong.

[LastRolling]

yes bitcoin is something big bubble that is ready to burst anytime soon. It would surely leave shocked faces worldwide.

[Danglen1010]

In my own pot of view, bitcoin for me is not just a big bubble instead it is a solid big hit that is ready to burst anytime soon.
As for bitcoin have inconsistent pricing, it's price have given a chance to those learners and pioneers. Therefore, a lot of pioneers go each day, anytime soon Bitcoin would surely create a big schock worldwide.

[genology]

I don't believe this statement since Bitcoin is currently been used by people and businesses. In this way, it will bitcoin grow in the future. There are also btc atm developing and there are countries already accepting bitcoin as a payment.