juicyjanet88
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Activity: 81
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MFG Token Sale - 1st of January
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January 14, 2018, 01:26:56 AM |
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I do not feel as though we are in a bubble just now, I feel like bitcoin itself is approaching its maximum value (at this time, it can increase with advances etc) but it is not currently overvalued. For me overvalued right now would be 30k+, a true bubble would be 50k-100k. |
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"The nature of Bitcoin is such that once version 0.1 was released, the
core design was set in stone for the rest of its lifetime." -- Satoshi
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cynical
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January 14, 2018, 08:38:54 AM |
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This may or may not happen nobody can tell so i dont know what all the worry is about? In the first place people should not have invested more than they were willing to loose. If this is the bubble slowly deflating it is only temporary and the coins that will be panic sold will be bought by the true believers in bitcoin. It will be like a reward for hodling, and as soon as the price starts to rise there will be a fomo feeding frenzy. True believers in bitciin dont worry about bubbles. |
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1Referee
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Activity: 2170
Merit: 1427
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January 14, 2018, 09:51:21 AM |
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Yup Bitcoin will probably useless or not be used by so many But that doesnt mean it wont exist. If your worrying on your money so much OP then so be it dont invest then.
How do you know that already? Bitcoin with the right implementations can be functional in an up to date manner for plenty of decades. Lightning Network is a great example of that. People think that altcoins are cheaper, which they are right now due to their lack of network usage, but once we have LN to work with, altcoins will lose that 'cheaper and faster' confirming transaction advantage. Result is that people with their capital will flow back into Bitcoin, which is the only coin worthy of having your money sitting in. If Bitcoin at some point will become obsolete, it won't be because of another crypto currency, but something completely new that offers everything Bitcoin does, but in a far more efficient manner. What that new thing will be, no one knows yet, but time eventually will tell what will happen. |
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BartS
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January 21, 2018, 07:06:15 PM
Last edit: February 06, 2018, 02:28:40 AM by BartS |
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Bubble  , that is why I heard from many economists in 2013 that there was a big bubble in the price of bitcoin, but its price has been on the increase so far, so I should not believe those words.  You must remember that there are a lot of people that are very good at their jobs while most of them suck at it and the job of an economist is the same, so as you can see we cannot rely on their predictions of bitcoin especially since they do not know anything about bitcoin and the technology behind it, so you can ignore them, that is what I do and I have gotten good results. |
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hackzang12
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January 21, 2018, 07:10:32 PM |
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BTC will exist even in the next 100 years... if it crashes everyone will want to buy a lot so it cannot crash
The only ones saying it's a bubble are the ones who missed the train and are envy right now
I agree with your answer Bitcoin is not a bubble. they just envy everyone who believe it at first. If you going to read the article of Andreas M. Antonopoulos bitcoin will exist in the next 100 years people are comparing it to a DOTCOM bubble. |
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devcracker
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January 21, 2018, 07:17:23 PM |
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Well, I think we're approximately closer to bubble and we'll reach that soon. Fluctuations and variations are part of every physical or virtual field. Up and down comes but i doesn't mean that we bounce back and stop doing trading. It's fact that everything is exponentially increasing and it's matter of deep thought that why is it so. According to my predictions something really needs to be changed or edited in bitcoin cycle that makes sure about the constant stream of bitcoin value statistics. I hope it'll be fixed soon the dev team of bitcoin because otherwise people will switch to other altcoins. |
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joinfree
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1A6nybMUHYKS6E6Z3eJFm4KpVDdev8BAJL
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January 21, 2018, 07:34:10 PM |
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How close? This year? Next year? 2020? Doesn’t matter. Crashes are part of every currency. Some people are waiting for this so that they can buy at rock bottom prices.
There is not any bubble in here, i can not understand why there are a lot of people still saying that we are living in a bubble! In fact, the US dollar is the most giant bubble that has ever existed, they are printing over 180 million dollars a day. |
Crypto Enthusiast supporting innovative ideas for the Liberalization of the world from the Centralized Institutions.
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JC btc
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January 21, 2018, 10:27:33 PM |
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How close? This year? Next year? 2020? Doesn’t matter. Crashes are part of every currency. Some people are waiting for this so that they can buy at rock bottom prices.
There is not any bubble in here, i can not understand why there are a lot of people still saying that we are living in a bubble! In fact, the US dollar is the most giant bubble that has ever existed, they are printing over 180 million dollars a day. What we are talking about here is cryptocurrency, we do have some instincts and speculations what and when bubble could be at? Everyone of us were expecting more about bitcoin, we have been clamoring for the bubble so we can all benefit with it. For me, it doesn't matter when what I am doing is just to continue believing and holding until it will come. Just don't worry if we kept waiting when we are just stepping out of getting bored and thinking it won't happen. |
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juicyjanet88
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Merit: 10
MFG Token Sale - 1st of January
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January 21, 2018, 10:57:13 PM |
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There could be a bear market and if you look at the graph zoomed out it could be synonymous with a bubble. The real signs will come in the next months, if we can't increase much from here we'll be under threat from the next wave of bad news. If we can recover then we have a while to run I feel. |
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uray
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January 21, 2018, 11:43:08 PM |
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BTC will exist even in the next 100 years... if it crashes everyone will want to buy a lot so it cannot crash
The only ones saying it's a bubble are the ones who missed the train and are envy right now
There is no ending for bitcoin,that part i understand really well,the only question is,will be price of bitcoin be the same or will it crash,if the development team behind bitcoin could implement solutions to its flaws in a timely manner ,then there is nothing to worry about,sure people who missed the boat are envy about it and there is nothing that can be done  . |
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pjhom
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January 22, 2018, 09:44:52 AM |
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BTC isn't going anywhere. The price may have big swings, but their will always be a market for it. This is different from equity markets because it spans every country and is independent of them all. There will always be someone willing to buy it at the right price.
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jjacob
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★Nitrogensports.eu★
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January 22, 2018, 10:49:18 AM |
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BTC isn't going anywhere. The price may have big swings, but their will always be a market for it. This is different from equity markets because it spans every country and is independent of them all. There will always be someone willing to buy it at the right price.
Everybody will agree that Bitcoin is different from equity markets. The equity investors will say that their investments are backed by solid cash flows, and that the value of their investments will never go to zero. According to them, that is why equity markets are different from crypto markets. Just because Bitcoin market is different from traditional equity market does not mean that there cannot be a bubble. |
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juicyjanet88
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Activity: 81
Merit: 10
MFG Token Sale - 1st of January
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January 22, 2018, 08:03:53 PM |
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BTC isn't going anywhere. The price may have big swings, but their will always be a market for it. This is different from equity markets because it spans every country and is independent of them all. There will always be someone willing to buy it at the right price.
Everybody will agree that Bitcoin is different from equity markets. The equity investors will say that their investments are backed by solid cash flows, and that the value of their investments will never go to zero. According to them, that is why equity markets are different from crypto markets. Just because Bitcoin market is different from traditional equity market does not mean that there cannot be a bubble. Many cryptocurrencies are starting to follow a similar model whereby revenues are shared with token owners, I think there will be a transition in that sense in the future. To suggest that there will always be 'someone' willing to buy at a given price is probably not too far off but let's not forget there are millions of bitcoin, just one person being misinformed is not enough, all in all there needs to be a large amount of people willing to buy at any given price. |
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Zuilhsa
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January 22, 2018, 09:28:57 PM |
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This is a usual thing, whenever price reaches high extent and comes down people start to say it as bubble, there is nothing to get worried about it and we can see many posts here like it is a big bubble, bitcoin is going to die and so on, just don't be panic, don't have negative effects on bitcoin and stick on to it with confidence. Price fluctuations are normal in bitcoin, it will live forever.
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Blockfolioz
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January 23, 2018, 12:49:04 AM |
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Though it is not a bubble, it has affected the community same as that an bubble gets exploded. Looking the current scenario the bubble seems to be elongating for a bigger thing to happen nearby. This can cause a huge price bumping, or else could cause a drop in value.
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bisdak40
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January 23, 2018, 07:57:47 AM |
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The one who says that bitcoin is a bubble, they are just envy and they are the critics of bitcoin. |
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KobeBriant 24
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January 23, 2018, 08:06:49 AM |
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Same old song. bla, bla, bla . tulip mania ...
Why this guy (and others) cannot search why and how tulip mania was ended.
Because he is a dumb guy, are you blind? everybody can see this. This guy has been spreading fake rumours for more than a month in here, no one believes in a single word of what he is talking about. |
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magneto
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January 23, 2018, 09:00:56 AM |
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People have been saying that bitcoin is a bubble at $2000. But if we go back to $2000, will anyone say that bitcoin is a bubble any more? Probably not, because it's going to be a 90% loss for anyone who bought at the all time high. Personally i think that bitcoin's rise has been very quick, and when bitcoin was close to the all time high it was a bubble. However, now that bitcoin is under $11k, it seems quite stable since the ultimate support is at $10k. And who would argue that the advancements that bitcoin has made in terms of adoption wasn't worth the 1000% rise in the past year. If anything, the bubble has already popped. We're just going to be waiting for the next bitcoin season, that is all. |
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babygun
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January 23, 2018, 09:29:37 AM |
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People have been saying that bitcoin is a bubble at $2000. But if we go back to $2000, will anyone say that bitcoin is a bubble any more? Probably not, because it's going to be a 90% loss for anyone who bought at the all time high. Personally i think that bitcoin's rise has been very quick, and when bitcoin was close to the all time high it was a bubble. However, now that bitcoin is under $11k, it seems quite stable since the ultimate support is at $10k. And who would argue that the advancements that bitcoin has made in terms of adoption wasn't worth the 1000% rise in the past year. If anything, the bubble has already popped. We're just going to be waiting for the next bitcoin season, that is all. The rise in value was in my eyes too quickly, almost everyday a new ATH was reached. Now the price is stable around the $10k mark. While the support seems to be quite strong at the $10k mark, if we go below it and it doesn't bounce back immediatly, than I thik we are in for a new big crash. |
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