A Bubble will come, but when?

[BrewMaster]

bitcoin was a big bubble when it went up from around $10,000 to $20,000 and in the past (nearly) 1 month this bubble burst and with the huge drop that happened afterwards it is now done and over with. there is no longer any bubble. and despite what most people think bubbles don't have to be gigantic with a 90% drop!!! it can also be a big one with a 30-40% drop.

as for altcoins they go into bubbles every couple of months that they get pumped hard. but since the market is growing full of newbies, most of them don't drop down to their initial levels because of them when the bubble bursts.

[Idrisu]

Bitcoin is not a bubble and it will never be one in the future! Bitcoin has a high adoption from individual that got tired by governments regulatory agencies and that is why there are saying bitcoin is a bubble and most of these did not look at the technology behind bitcoin  and how it can help regulate the future of other crypto coins. Before 2025 we would see mass adoption of bitcoin and other cryptocoin by governments and other big financial institutions like banks and fund managers.

[amih]

bubbles will come but can not predict when will happen.

[CyberR.]

Media and People have been calling Bitcoin a ‘bubble’ for the past few years. There have been increasing comments of the ‘Bitcoin bubble’ bursting in the very near future, I do believe that Bitcoin is in a bubble and the bubble will burst (because all of them do), I will explain why I don’t think the bubble will burst anytime soon.

Below is a chart that shows a range of times the media has said that the bubble will burst:

When will the bitcoin bubble burst?

No-one can actually tell that when a bubble is going to or will burst; This is similar to the stock market just as it is with the crypto currency market. In the above chart you can see how the media have tried to make this prediction and failed many times. Bitcoin is often compared to various bubbles that have happened throughout history and are commonly fundamentally flawed in the comparison. This is most likely due to the lack of understanding of what Bitcoin, and what blockchain technology is.

[allthingsluxury]

Many would argue that we just seen a bubble. Is it over yet? Who knows?

[jmlona]

According to this article: https://www.investopedia.com/articles/stocks/10/5-steps-of-a-bubble.asp, there are 5 steps going to a bubble:

1. Displacement 2. Boom 3. Euphoria 4. Proffit taking 5. Panic

I think we are in step no. 2 Boom, as the global MCAP is not even in the trillions. Also, the mainstream adoption is still in its infancy (1% or so), but the idea is that we need to stay alert about the first signs of a bubble burst.

In which step do you think that we are in now?
What do you think that those first signs will it be?
What contingency plan would you implement?

Thanks

 

I would not be surprised if in fact we are in the Euphoria stage, almost everything except bitcoin is pumping right now, once bitcoin starts to pump people will transfer money in to it from alts and then we may see mass profit taking, I know now many people who've been in to cryptos for less than a year and started with almost nothing who are now in positions where they have life changing money and that's a dangerous position for the market to be in because it's the stage at which cashing out starts to become a real option and consideration.

[HELLOFF]

Bitcoin is not a bubble and it will never be one in the future! Bitcoin has a high adoption from individual that got tired by governments regulatory agencies and that is why there are saying bitcoin is a bubble and most of these did not look at the technology behind bitcoin  and how it can help regulate the future of other crypto coins. Before 2025 we would see mass adoption of bitcoin and other cryptocoin by governments and other big financial institutions like banks and fund managers.

that Bitcoin has some advantages over other currencies, does not yet provide an opportunity for people to be completely satisfied with them financially. In this situation, it is very good to give an example of gold, which has a physical form and material value. And what does Bitcoin have?

[arcassis]

Yes, but the bubble is fed up by all kind of shity projects or by projects that won't deliver.
I think we will already see this year some ICOs that won't deliver and from then on people will start to ask more questions before investing.
That's the start of the bubble burst.

[zeaderza]

bubbles will come but can not predict when will happen.

This is natural with bitcoins. Everything that is not stable at one place, there are chances for the bubbles coming and going about it. Likewise, bitcoins are bubbling sometimes. There are more chances for a strong pump now a days as bitcoins have suffered so much during last few weeks. Like you have said, there is surety of when is the bubble coming but it will come these days.

[shahani]

Bubble is a system of bitcoin price which bursts and blooms. It is on how the demand and supply balance to the market. In bitcoin there is a balancing system of price everyday. Unstadiness of bitcoin price is natural graph balancing system of what bitcoin transaction being done day by day by every users.

[DaraYu2890]

The saying cryptocurrency is the bubble I see is not true to what it is happening in the present. Because my point of view is that cryptocurrency will be the future of currency where people can easily exchange coin with each other without depending on an intermediary. It will be a transactional revolution, where people do not need physical money anymore.

[Batmain]

According to this article: https://www.investopedia.com/articles/stocks/10/5-steps-of-a-bubble.asp, there are 5 steps going to a bubble:

1. Displacement 2. Boom 3. Euphoria 4. Proffit taking 5. Panic

I think we are in step no. 2 Boom, as the global MCAP is not even in the trillions. Also, the mainstream adoption is still in its infancy (1% or so), but the idea is that we need to stay alert about the first signs of a bubble burst.

In which step do you think that we are in now?
What do you think that those first signs will it be?
What contingency plan would you implement?

Thanks

 

When we are talking about history, then we are at the boom, we are at global adoption. But there are so many panic selling these days and so many burst and bubble, why? Because there is a little adoption and only those who have the largest coin can control the price.
I think for countermeasures you should invest to some main crytocurrencies and wait for the price. Search a really long term and legit platforms like stratis and hold some coin. The only thing that I can say right now is that we are still at the adoption pace and the percentage that the coins you are holding now to go up is really high.

[el kaka22]

Most of the people's call bitcoins as bubble but I do not understand the same. Bitcoins are into regulation since 2009 and until now the price for bitcoins have reached a immense height. I am sure that bitcoins will go much more above but the price change occurs due to demand and supply. The more people's selling bitcoins, the more the price will go below and vice-versa, the more people's buying bitcoins the price will go much more higher.

In my opinion, bitcoin is not in a bubble stage hence will never burst out. But we can see many ups and downs always as bitcoin prices are purely speculative. So, the question of when will remain unanswered forever for sure.

[rodalutor]

The saying cryptocurrency is the bubble I see is not true to what it is happening in the present. Because my point of view is that cryptocurrency will be the future of currency where people can easily exchange coin with each other without depending on an intermediary. It will be a transactional revolution, where people do not need physical money anymore.

Even if cryptocurrency is the future it does not mean a bubble can not occur, the dotcom bubble happened and those companies are certainly the future as well as the present, a bubble is simply when something is vastly overvalued, this can occur without meaning the cryptocurrencies have no value or no place in the future.

[arcassis]

Sharing your views guys.
The image is blurry: there were some bubbles, there is a bubble now and a bubble will come, all statements are true to some degree depending on the context.
I've asked you this because more and more people are asking me to advise them on how to get into crypto but they all ask in 2nd minute: but isn't it a bubble? And my answer is yes/no.

IMO the technology is here to stay even though there are no killer apps yet but they will come for sure.
Also, the shitcoins will disappear but the exponential gains will remain because the technology allows that - we are investors/traders in an instant without brokers and all the friction present on fiat exchanges.

So, as a conclusion, we are living historical moments, this year, imo, it will be still fuzzy with money made simply on hype but things will start to settle.

[Hydrogen]

According to this article: https://www.investopedia.com/articles/stocks/10/5-steps-of-a-bubble.asp, there are 5 steps going to a bubble:

1. Displacement 2. Boom 3. Euphoria 4. Proffit taking 5. Panic

I think we are in step no. 2 Boom, as the global MCAP is not even in the trillions. Also, the mainstream adoption is still in its infancy (1% or so), but the idea is that we need to stay alert about the first signs of a bubble burst.

In which step do you think that we are in now?
What do you think that those first signs will it be?
What contingency plan would you implement?

Thanks

....

This might sound shocking or controversial: I don't think bitcoin is in a bubble.

The type of price hikes bitcoin is experiencing is normal for a growth phase. Bubbles typically occur when there is no room for growth and the value of an asset continues to increase, inexplicably.

According to polls, roughly 2% of americans have used a crypto currency. With roughly 300+ million americans that implies approximately 6 million americans have used crypto in some form. 2% of a population is a small demographic. Bitcoin still has plenty of growth potential (and continues to grow). These may comprise some of the best arguments for bitcoin not being a bubble.

The main thing holding the value of bitcoin (and crypto) back are transfer fees. If those is solved we're going above $20k imo.

[ngavanngo22]

I think that the cryptocurrency market is not a bubble, it is dominated by large corporations and so the exchange rate has fallen dramatically. According to experts, the future of economy 4.0 is indispensable cryptocurrency. There are still a lot of shortcomings in the cryptocurrency market, but in the long term, ICOs are emerging that will gradually solve those problems.

[Rajatruck]

when the bubble bursts it's just the profit taking that we can see, and that we've had often, the bitcoin will never come back to $ 2k

[orions.belt19]

I also think that we're still at the boom stage, and even with the recent hype over bitcoin all over social media, it still hasn't gained total popularity. No one may ever really tell when the bubble may pop. It may depend on the performance of bitcoin for now, as it seems to be tested how it will fair over the price drop these days. If it recovers, then it's possible for the price to rise right after. I'm not quite sure if we're nearing euphoria but perhaps when bitcoin hits a high amount and people start to take their profits, then we might see the impeding doom of a bubble that will pop.

[marcbitcoins]

According to this article: https://www.investopedia.com/articles/stocks/10/5-steps-of-a-bubble.asp, there are 5 steps going to a bubble:

1. Displacement 2. Boom 3. Euphoria 4. Proffit taking 5. Panic

I think we are in step no. 2 Boom, as the global MCAP is not even in the trillions. Also, the mainstream adoption is still in its infancy (1% or so), but the idea is that we need to stay alert about the first signs of a bubble burst.

In which step do you think that we are in now?
What do you think that those first signs will it be?
What contingency plan would you implement?

Thanks

 

Agree with you to the account of what is now in 2 steps. In the end, nobody can give an answer, whether it is the future money, or just a “Bubble”

Indeed, when we can all agree that we are in no.4 or no.5? I think choices should be from 1 to 3 only in which bitcoin is fluctuating and we don't know really what will be the end. Right now again bitcoin and the other coins are in dip but we believed this is temporarily in which profit taking will follow again. So better choices should be 1 to 3 only.