darkangel11
Legendary
 Offline
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
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August 23, 2018, 08:54:50 PM |
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Bitcoin gives you ownership of nothing (a stock gives you ownership of tangible assets)
Bitcoin gives you no right to future payments (bonds give you the right to payments)
Bitcoin gives you no patents or trademarks
Bitcoin gives you no legal rights
I like it how limited your understanding of the world is. Bitcoin gives you ownership of a Bitcoin, it's that simple. You hold BTC, you hold the value in your hand, just like when you're holding a piece of valuable art. You know that some people are willing to pay a lot of money for it and that's it. One day that piece of art may be worth nothing just because you won't be able to find people willing to buy it, even though everyone knows that it used to be valued at 1000 USD for instance. That's the risk each of us has to take every day. Bonds don't give you the right to a payment. They give you a promise of a payment, which is much different. Promises can be broken. |
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beryziq
Jr. Member
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Activity: 31
Merit: 5
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August 23, 2018, 09:04:23 PM |
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Bitcoin fans keep saying "prove it is a bubble" because they do not believe it is - but this is a false question.
The real question all you bitcoin fans should be able to answer is: Prove that bitcoin is not a bubble.
A bubble is when the price of something is far higher than the fundamental value.
Bitcoin gives you ownership of nothing (a stock gives you ownership of tangible assets)
Bitcoin pays no dividend
Bitcoin gives you no right to future payments (bonds give you the right to payments)
Bitcoin gives you no patents or trademarks
Bitcoin gives you no legal rights
Given these facts, you Bitcoin fans need to prove that the fundamental value is different from zero (or close to zero) - otherwise it is a by definition a bubble
I found an interesting review to answer that question. Check here: https://www.quora.com/Is-bitcoin-worth-investing-in |
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Labajah
Newbie
Offline
Activity: 130
Merit: 0
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August 23, 2018, 10:02:22 PM |
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Bitcoin fans keep saying "prove it is a bubble" because they do not believe it is - but this is a false question.
The real question all you bitcoin fans should be able to answer is: Prove that bitcoin is not a bubble.
A bubble is when the price of something is far higher than the fundamental value.
Bitcoin gives you ownership of nothing (a stock gives you ownership of tangible assets)
Bitcoin pays no dividend
Bitcoin gives you no right to future payments (bonds give you the right to payments)
Bitcoin gives you no patents or trademarks
Bitcoin gives you no legal rights
Given these facts, you Bitcoin fans need to prove that the fundamental value is different from zero (or close to zero) - otherwise it is a by definition a bubble
This is the proof that bitcoin is not a bubble because until now bitcoin still remain and popular. Even if a lot of trials that comes to bitcoin but still bitcoin until now survive. And alot of progressive country's are now accepting bitcoin as legal tender.... |
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Vickyrichy
Member
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Activity: 209
Merit: 12
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August 23, 2018, 10:25:16 PM |
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Bitcoin is definitely not a bubble. I don't get it why some people still see bitcoin as a bubble... All you need is to understand the market and trading trends of the crypto market. Bitcoin is the revolution to the world financial system....
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Soots
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August 23, 2018, 10:26:11 PM |
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Bitcoin has being here for over 4 years and still standing with an increasing community, sure if it was a bubble sure it will have gone into extinction, it is still an evolving currency, here to stay and become relevant globally, if you not an investor, do not scare others away, sure will be convince to join the community soon.
The growing community doesn't need to convince people, but the people around the world will notice the popularity of bitcoin though potential profit which we may give us financial security. Most specially when they hear other person's promising stories like they've become rich with bitcoin. The popularity is getting so high now, and I guess they're rushing out to buy bitcoin at cheaper price. |
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Suguha
Member
Offline
Activity: 218
Merit: 10
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August 23, 2018, 10:52:46 PM |
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Bitcoin fans keep saying "prove it is a bubble" because they do not believe it is - but this is a false question.
The real question all you bitcoin fans should be able to answer is: Prove that bitcoin is not a bubble.
A bubble is when the price of something is far higher than the fundamental value.
Bitcoin gives you ownership of nothing (a stock gives you ownership of tangible assets)
Bitcoin pays no dividend
Bitcoin gives you no right to future payments (bonds give you the right to payments)
Bitcoin gives you no patents or trademarks
Bitcoin gives you no legal rights
Given these facts, you Bitcoin fans need to prove that the fundamental value is different from zero (or close to zero) - otherwise it is a by definition a bubble
Bitcoin is not bubble becauae there is still a lot of people who are interested in it and they are interested because it helps a lot people in the case of financial, it helps the people to earn money to fulfill their needs and wants. Bitcoin do not have a stable price but when the price gets high the price of it is higjer than the exepected value. I think those people says that bitcoin is bubble because they do not have enough idea about it and they are not users. |
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Ahimoth
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August 23, 2018, 11:13:11 PM |
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Bitcoin gives you ownership of nothing (a stock gives you ownership of tangible assets)
Bitcoin gives you no right to future payments (bonds give you the right to payments)
Bitcoin gives you no patents or trademarks
Bitcoin gives you no legal rights
I like it how limited your understanding of the world is. Bitcoin gives you ownership of a Bitcoin, it's that simple. You hold BTC, you hold the value in your hand, just like when you're holding a piece of valuable art. You know that some people are willing to pay a lot of money for it and that's it. One day that piece of art may be worth nothing just because you won't be able to find people willing to buy it, even though everyone knows that it used to be valued at 1000 USD for instance. That's the risk each of us has to take every day. Bonds don't give you the right to a payment. They give you a promise of a payment, which is much different. Promises can be broken. We are the living testimony of how great bitcoin is because we already experience its goodness. Well I can really testify what bitcoin has brought into my life. It gives me a lot of opportunities from the very start and it really helps me to have a better living. It is not bubble for it will give you what you expected and it will not disappoint you. |
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Nhor1011
Member
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Activity: 994
Merit: 11
Daxetoken.net
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August 23, 2018, 11:24:02 PM |
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We know how much valuable bitcoin is. I think it is enough to say that bitcoin is not a bubble. After many times of fluctuation bitcoin always rise and recover. A lot of people already a living testimony on how bitcoin helped them and was able to prove that bitcoin is not a bubble.
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White Christmas
Sr. Member
Offline
Activity: 882
Merit: 258
★Bitvest.io★ Play Plinko or Invest!
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August 23, 2018, 11:28:23 PM |
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Bitcoin is definitely not a bubble. I don't get it why some people still see bitcoin as a bubble... All you need is to understand the market and trading trends of the crypto market. Bitcoin is the revolution to the world financial system....
Yes its not, people just its like a bubble because they didnt uderstand everything about it. Most of the time they are lack of knowledge about what bitcoin is. As we see bitcoin was very profitable and helpful. In fact it already changed many lives into something better from nothing. Bitcoin was very valuable and can help you a lot especially in your financial need. |
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rose8963
Member
Offline
Activity: 336
Merit: 10
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August 23, 2018, 11:53:23 PM |
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Bitcoin fans keep saying "prove it is a bubble" because they do not believe it is - but this is a false question.
The real question all you bitcoin fans should be able to answer is: Prove that bitcoin is not a bubble.
A bubble is when the price of something is far higher than the fundamental value.
Bitcoin gives you ownership of nothing (a stock gives you ownership of tangible assets)
Bitcoin pays no dividend
Bitcoin gives you no right to future payments (bonds give you the right to payments)
Bitcoin gives you no patents or trademarks
Bitcoin gives you no legal rights
Given these facts, you Bitcoin fans need to prove that the fundamental value is different from zero (or close to zero) - otherwise it is a by definition a bubble
No doubt, you can see that bitcoin is a bubble, you can see that bitcoin prices are constantly falling and it is hard to guess, the market is bearish in the long run and bitcoin prices have fallen. more than 70% in the last 7 months. I believe bitcoin prices will continue to fall sharply in 2018 so you should not continue investing in bitcoin. |
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spyda5556
Newbie
Offline
Activity: 34
Merit: 0
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August 24, 2018, 01:03:03 AM |
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Bitcoin is not a bubble because of one word. BLOCKCHAIN. Because of the blockchain bitcoin is more than just a form of currency. Cryptocurrency can represent a means of automated transfer and also a system of checks and balances and record keeping. There are innovations that have already been made and adopted that take advantage of blockchain tech. From verifying authenticity of merchandise, accurately tracking automobile history (no rolling back odometers), transferring excess mobile data to other people, streamlining and centralizing medical records the list goes on and one it goes way deeper than just money transfer.
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robertsu
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August 26, 2018, 04:59:22 PM |
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Bitcoin – independent. The first rule which can be in the head for using Bitcoin its anonymity. And also the Bitcoin it's a face of cryptocurrency. What do you think about the fundamental a price of gold? it's just a piece of metal.
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callyf
Jr. Member
Offline
Activity: 203
Merit: 2
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August 26, 2018, 05:20:19 PM |
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To prove bitcoin not a bubble then there is not any method to prove you have to be passion
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metalglowd
Member
Offline
Activity: 546
Merit: 10
💲 EMIREX EXCHANGE 💲
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August 26, 2018, 06:04:25 PM |
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Bitcoin fans keep saying "prove it is a bubble" because they do not believe it is - but this is a false question.
The real question all you bitcoin fans should be able to answer is: Prove that bitcoin is not a bubble.
A bubble is when the price of something is far higher than the fundamental value.
Bitcoin gives you ownership of nothing (a stock gives you ownership of tangible assets)
Bitcoin pays no dividend
Bitcoin gives you no right to future payments (bonds give you the right to payments)
Bitcoin gives you no patents or trademarks
Bitcoin gives you no legal rights
Given these facts, you Bitcoin fans need to prove that the fundamental value is different from zero (or close to zero) - otherwise it is a by definition a bubble
I know, but right now exactly. people are getting smarter. they believe on proof, data, statistics, charts, paper, news, file, etc. because you just cant believe on a group of people who always give same reason. meanwhile data said another and always came with different proof. |
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A7373
Member
Offline
Activity: 602
Merit: 15
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August 26, 2018, 07:14:39 PM |
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I think it's not a bubble becouse if it was the bubble it it would be profitable to burst as early as in 2017 when there was a huge capitalization of the crypto currency.
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AlexandrInt
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August 26, 2018, 07:51:58 PM |
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Bitcoin has a good history, there have been falls as well as good price hikes when bitcoin abruptly began to rule, and the society was at a loss where such prices come from, so this is clearly not a bubble.
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lillyann
Member
Offline
Activity: 308
Merit: 11
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August 26, 2018, 08:51:16 PM |
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I think that the bubbles are things that are known only after the fact. It has never been that during the bubble there were so many articles or opinions that this is just a bubble. We would need a bubble in the evening services to find out who earned what and if you need to pledge your home to buy cryptocurrencies. Secondly, and this is probably more important, a loan is almost always needed to create a speculative bubble. In 2008, in 2000, and as if we were going back to the famous tulips, loans were always accompanied by bubbles. As of today, according to the data we have - there are not many of them - people who buy cryptocurrencies do not get credit, so their sensitivity to declines is not that big. Just because the graph goes up, it does not mean there is a bubble. If we met here a year ago and looked at the graph, when bitcoin cost $ 1000, from a dozen cents to a thousand dollars is also a growth that resembles a bubble.
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A Feeder
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September 12, 2018, 02:03:21 PM |
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A bubble is when the price of something is far higher than the fundamental value. Bitcoin is not a bubble, I'll prove that to you because the price is purely based on speculation and you can always see it in the value of bitcoin that even if it drops it doesn't drop a terrible crash.
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Janadara123
Newbie
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Activity: 56
Merit: 0
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September 12, 2018, 02:14:23 PM |
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Bitcoin is having a bear market , it will be dead like everything in this world but for now it is not going to happen. Bitcoin will be surpassed by a better technology but before that all fiat currencies will be in real trouble and Bitcoin and all other precious metals will have a huge bull run.
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Labajah
Newbie
Offline
Activity: 130
Merit: 0
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September 12, 2018, 02:15:26 PM |
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Bitcoin fans keep saying "prove it is a bubble" because they do not believe it is - but this is a false question.
The real question all you bitcoin fans should be able to answer is: Prove that bitcoin is not a bubble.
A bubble is when the price of something is far higher than the fundamental value.
Bitcoin gives you ownership of nothing (a stock gives you ownership of tangible assets)
Bitcoin pays no dividend
Bitcoin gives you no right to future payments (bonds give you the right to payments)
Bitcoin gives you no patents or trademarks
Bitcoin gives you no legal rights
Given these facts, you Bitcoin fans need to prove that the fundamental value is different from zero (or close to zero) - otherwise it is a by definition a bubble
This is the probability that bitcoin is not bubbles because until now bitcoin is always very strong. No matter how bad the situation about price dumping but still many investor's believe the recovery of bitcoin. And we are one of them because we are also believed that bitcoin gives us a better future. |
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