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

[Kakmakr]

Strange how this word, "Bubble" pop up with every dip we have in the price. People ignore the global stock market crash and think that it will not have an impact on the Bitcoin price. People should consider the bigger global picture, before they smack talk Bitcoin. ^grrrrrrr^

Keep the "Tulip mania" and the "Bubble" smack talk for the global markets, because they are long overdue for a correction. I predict that some more "blood" will flow on global markets.

[brotherwood12]

i ever make question like this on : https://bitcointalk.org/index.php?topic=2484936.msg25443528#msg25443528 , and there people said that bitcoin not bubble just the price is volatile like up 20% in a sec and down 20% on another sec
i quote from someone post like this

" According to Wikipedia

"An economic bubble or asset bubble is trade in an asset at a price or price range that strongly exceeds the asset's intrinsic value."

So yes, the major concern of bitcoin being a bubble that went intense recently due to insane increase in bitcoin price is indeed justified. Thus, many are comparing it with the famous .com bubble.

But bitcoin is not a company that can fail. Bitcoin is not centralized that can be controlled or crunched by banks or governments. Bitcoin is providing a completely different outlook to financial landscape. I believe, to measure bitcoin growth using available economic indicators is wrong. Bitcoin is like a revolution that have given people monetary freedom from centralized institution (that a person would never have realized). Bitcoin might not be extensively being used as currency but people are parking their dollars in it to save their money from fiat inflation that we have seen recently in Zimbabwe. So, many have followed!

Bitcoin is certainly not a bubble! "

hope it can give you answer , i think that just correction price and will grow up later

[trickyriky]

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.

Correct. I will tell you even another thing: those, who state that BTC is a bubble buy Bitcoins themselves. Bitcoin is a strong crypto.

[AlexsanderGusev15]

Crash can crash any day any moment at any time so no one is insured there is always a risk.

[Lan75]

When there is a dip we always said that bitcoin is a bubble but it is not. It is just a part of the cycle that bitcoin's price will go up and down.

[superman99]

Of course, bitcoin has a bubble. You know, everyone has different definitions of bubbles. I think from the development of coded money and the maturity of the community, now bitcoin is far from the big bubble. Perhaps this time, investors are the original investors.

[AfterHot542]

If they consider it a bubble then i must say it is the bubble of fortune and when it will burst it will also change our fortune at that time.

[Dmitry.Vastov]

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

What I believe about bitcoin is that bitcoin is very sustainable and very trustworthy crypto currency and this is not hypothetical, bitcoin has made its existence since more than a decade and not made its existence but even has reached the sky high and become so successful that it is now superior of all the crypto currencies and because of its potential, it has provided employment to millions of people and helped them finding their jobs and I think foolish are the people who think bitcoin is a bubble that would burst soon or bitcoin is a fraud.

[Dogtanian]

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

It could be and the few great rises and falls we've been through already over the years could certainly be described as bubbles. Maybe we will see many more bubbles over the next few years as well, but one thing I know is nobody can say for certain whether it will eventually pop for good or not and only time will tell. I hope it doesn't but it's one thing we have to keep in mind.

[Dmitry.Vastov]

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

Bitcoin was introduced in 2009 and now it has been a decade and bitcoin has proved its existence since more than a decade and no wonder that it will further make its existence for coming many decades and by its fate and potential, it has helped millions of people around the world in finding their jobs and abking them to earn their livelihood and I think inspite of all these things, if anyone is calling bitcoin a bubble or a scam, these people are morons and the time will answer them all.