is it a bubble?

[yohan09]

many people say that bitcoin bubble, honestly I still do not understand what is meant by the term bubble earlier?

until now I am still curious

Yes it is a bubble because we don't see the stability of its value so far, Day by day it fluctuates and investing on it are very risky, In the opposite side it will give you good profit when the transaction runs smoothly, To the Moon:)

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[CrazeCoinz]

When people say it's a bubble, they mean that it's not real. People who does bitcoin knows that Bitcoin is not a bubble or a fraud. So, if you yourself have gained from bitcoin, you should know that it's for real.

That bubble term is came from the critics of Bitcoin giving FUD to distract people not to invest in cryptocurrency. Ever since, Bitcoin has a surname of bubble. Yet no evidence to prove it.

[JMD07]

many people say that bitcoin bubble, honestly I still do not understand what is meant by the term bubble earlier?

until now I am still curious

They called it bubble because bitcoin drastically increases its value in a short period of time and predicted that it will collapsed because the spikes of the value is only a results from speculation and manipulation of market behavior. Until now the bubble didn’t burst and bitcoin is still functioning.
It is pure FUD from the people against bitcoin spreading wrong information to knock-out bitcoin existence.

[SaShiRaJaVu]

many people say that bitcoin bubble, honestly I still do not understand what is meant by the term bubble earlier?

until now I am still curious

There is nothing wrong in learning new things and if you are learning new things at the cost of loosing your money ,you will remember that for the rest of your life  , the rally was too steep and the market is taking a huge hit now with negative news every day which is dragging the market down and expect the market to be like this until every country come up with their regulations .

[trickyriky]

Maybe someone thinks of it as a bubble because the price of each altcoin has a fluctuated movement So that the market when it is able to become red and green from where one assumes that altcoin is not always increased continuously.

Probably you are right. But it is not smart to compare Bitcoin and a bubble, as bubble will burst once, and Bitcoin will not.

[SirArthur]

As long as all you can think of it is its USD value and your only hope is to buy for few USD and sell for more USD, then it's a bubble... and this isn't valid for Bitcoin alone, this is as valid for Bitcoin as it is for gold, oil, potatoes or any asset you're inventing in.
Bitcoin is money on its own, you shouldn't be thinking on "how much USD (or other fiat) I'll get with this", but "what's the purchase power of Bitcoin", how many potatoes can a Bitcoin buy, how many Bitcoins it take to buy a house... basically what you do with USD (or whatever fiat is legal tender where you are).

[Saidmod]

many people say that bitcoin bubble, honestly I still do not understand what is meant by the term bubble earlier?

until now I am still curious

To admit that most of us didn't know what that term actually means. Personally i admit that i didn't know what was the exact thing that its pointing out, what i only know in my own is Bubble means a pop so many people say that bitcoin is one pop only and it will end that is likely a mirror to the price right now.

[thenachoguy]

it is a bubble onlyifenough people beliveit'sa bubble, like everything else in the world, if we all start to say that googleis a bubble we might take google down

[Granxis]

I do not think Bitcoin is a balloon, bitcoin is a ponzi, maximum 2 years is the end, a currency that has existed for almost 10 years, can not be ponzi.

[JCLee]

many people say that bitcoin bubble, honestly I still do not understand what is meant by the term bubble earlier?

until now I am still curious

People say Bitcoin is a bubble because its exchange rate has fallen sharply, causing panic among investors. Alternatively, maybe it is just cynical news about Bitcoin to make the cryptos rate decrease. With the knowledge of cryptocurrencies as well as the needs of users, the next 15 years, when 100% of the transaction will be made on the Internet, indeed the market cryptocurrencies will grow and ultimately replace the fiat currencies.

[ricardobs]

Some people compare bitcoin with bubble, due to buble's characteristic of being blown up to its biggest form and there will come a time that it will just burst out. In relation with bitcoin that hit its highest value and noe experiencing its lowest price. But I don't think it will be gone just like a bubble.

Bitcoin is not a bubble, in fact it is at least 70% not a bubble, cause it is mainly determined by the rate of demand which usually drives up the price and crashes the price when people withdraw. Things can be called a bubble, only when they are sold at a price rate that they are not worth. But as for Bitcoin, I believe that Bitcoin is always being sold at a price rate that it is worth.

[nightfury]

A bubble is something to do with bitcoin's price at a very high value and one thinks that it will pop (drop its value at a very low price) just like a real bubble that pops when its water contents evaporates, dryness, or air turbulence.

[amwer]

People who say Bitcoin is a bubble have no idea what a bubble is.
Bubble is when an asset is overpriced.
Bitcoin is growing because people only now are becoming aware of what it is and realizing it's an underpriced asset. That's why there's a rally in price.
If Bitcoin is a bubble, then what about Gold? That you can't divide it easily, send it through the internet or easily store it and transport it.

[Betwrong]

I think that $20k for 1 BTC is still far from the highest limit Bitcoin can reach and even far from the reasonable price which it can get in the nearest future (which imo will be close to $100k).

The future potential of Bitcoin has always been there. Even at sub $1000 levels people were speculating about $100,000 and that's still the same. Short term things are a bit different, and we can't ignore the overbought market.

At that point it was all due to the future market as people were expecting it to be the next big thing in regards to being a price booster. And honestly speaking, potential entry of institutional investors is bullish.

Turns out, just the initial speculation was a major price booster, and everything happened afterwards was nothing more than the market readjusting itself to more appropriate levels. Either buy or keep hodling, and have patience.

I agree with you mostly, but why do you think that there's no chance for the institutional investors to enter into the business? After reading some business articles lately I came to conclusion that many of them considering investing in Bitcoin, especially now when the price is so low that the potential profit from the investment is obvious. I think we can see Bitcoin recovering much earlier than we expected exactly because of their involvement.

[layoutph]

When someone says "Bitcoin Bubble" it refers to a certain point where Bitcoin will drop almost 60% to 70% of its total value to accelerate to a new higher price. If 20k is the recent top of BTC, then BTC is now on its dip.

many people say that bitcoin bubble, honestly I still do not understand what is meant by the term bubble earlier?

until now I am still curious

[Xester]

many people say that bitcoin bubble, honestly I still do not understand what is meant by the term bubble earlier?

until now I am still curious

It is like a bubble where it can expand and then suddenly can popped.  But I am sure that it is not like a bubble because bitcoin has been here for almost a decade.  And it can be considered as a  strong investment so it is not what like other people are thinking.  As a newbie and new to cryptocurrency, you might think that way.  Panicked about its current price.  But I still believe with bitcoin, its price will still goes up.

[niteroy]

The bubble is the banking system of the whole world, and we do bitcoin ourselves, as we ourselves impart its value using it in everyday life for calculations and transactions. The larger the bitcoin community the more and the bitcoin value. He can not burst at one point, because too many people believe in him!

[JuniAiko]

The bubble is the banking system of the whole world, and we do bitcoin ourselves, as we ourselves impart its value using it in everyday life for calculations and transactions. The larger the bitcoin community the more and the bitcoin value. He can not burst at one point, because too many people believe in him!

The US debt have already just passed 1 trillion dollars, and is projected to continue to increase at an alarming rate this year due to the tax cuts (that mainly benefited the corporations and super wealthy). And Trump have suggested that he could just print money to settle it. -_-

If fiat "crashes" (inflates), I guess cryptos would thus become more valuable in relative to those currencies, maybe. Especially if some people loses faith in fiat and puts in more into cryptos and go for the long-term; especially now at this great price.

[Hell-raiser]

The bubble is the banking system of the whole world, and we do bitcoin ourselves, as we ourselves impart its value using it in everyday life for calculations and transactions. The larger the bitcoin community the more and the bitcoin value. He can not burst at one point, because too many people believe in him!

The US debt have already just passed 1 trillion dollars, and is projected to continue to increase at an alarming rate this year due to the tax cuts (that mainly benefited the corporations and super wealthy). And Trump have suggested that he could just print money to settle it. -_-

If fiat "crashes" (inflates), I guess cryptos would thus become more valuable in relative to those currencies, maybe. Especially if some people loses faith in fiat and puts in more into cryptos and go for the long-term; especially now at this great price.

We can expect or speculate that if fiat crashes and massively inflates, people will lose purchasing power of their money and their savings are going to depreciate. Therefore, they will become poorer all in all, and they will have less spare money to invest in speculative assets like crypto. In that case, the wealthy, while they will definitely have some cash, would rather invest it in gold and other hard assets. So it is difficult to say whether cryptocurrencies will get a serious boost if fiat money like the dollar should fail.

[Betwrong]

The bubble is the banking system of the whole world, and we do bitcoin ourselves, as we ourselves impart its value using it in everyday life for calculations and transactions. The larger the bitcoin community the more and the bitcoin value. He can not burst at one point, because too many people believe in him!

The US debt have already just passed 1 trillion dollars, and is projected to continue to increase at an alarming rate this year due to the tax cuts (that mainly benefited the corporations and super wealthy). And Trump have suggested that he could just print money to settle it. -_-

If fiat "crashes" (inflates), I guess cryptos would thus become more valuable in relative to those currencies, maybe. Especially if some people loses faith in fiat and puts in more into cryptos and go for the long-term; especially now at this great price.

We can expect or speculate that if fiat crashes and massively inflates, people will lose purchasing power of their money and their savings are going to depreciate. Therefore, they will become poorer all in all, and they will have less spare money to invest in speculative assets like crypto. In that case, the wealthy, while they will definitely have some cash, would rather invest it in gold and other hard assets. So it is difficult to say whether cryptocurrencies will get a serious boost if fiat money like the dollar should fail.

In my opinion gold is heavily overvalued already and wise people wouldn't invest in it nowadays. A reasonable price for gold would be $800/oz, not $1,300/oz like it is right now. Don't forget that many people have already lost a big part of their investments with gold. The price was $1,840/oz in July 2011 and it has never recovered from falling to $1,300 in June 2013. I would prefer to invest in silver which at least not so much overvalued right now and will almost certainly not fall in the future.

All of the above refers to the present buying capacity of USD. If it falls significantly for some reasons, then of course even gold will rise in price. But our goal here is to predict what will rise more than other assets in the years to come, and I think Bitcoin and some other decent cryptos will definitely rise more than precious metals in any case.