is it a bubble?

[ralle14]

So yes it is a bubble but it will be quite some time before it will burst...

Nah it's not. If it was a bubble the price this high should continue to go down. The price should be down to $1000 or below to say bitcoin is a bubble but look at the price. There are good reasons why bitcon is so high right now and it will continue to go in that direction.

The man himself comes up with values. Jewelry are not vital. It becomes apparent in time of war or disasters. Surrounded during the war, people changed the expensive diamonds and gold on a piece of bread. In order not to die of hunger. So for me, bitcoin and gold are of equal value.

Bitcoin and gold are different in comparison they're not equal in value if we check their price now and before you can see the big difference.

[Ranly123]

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

The term bubble is just another word for the volatility of bitcoin. It surge up and it might blow away like a bubble the would disapear in an instant. But i believe that it is not the case for bitcoin, since it is the most reliable cryptocurrency as of today. Hopefully not a bubble because if so, many would break their emotions on it.

[Nisharawal]

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

Bubble mean it is the speculation activity which is produced by the number of professional trader where they control the speculation by buying the trading products so  that the price of trading products surged to great height and afterwards suddenly they make panic selling and by this way they profit from the trade move except those who bought in the panic selling. I have been part of many bubbles in the stocks and forex market and now experiencing Bubble in cryptomarket also and this experience is good and i think its a must for every trader so that they come to know what is bubble and they prepare themselves for this bubble.

Well even I believe today that bitcoin is not a bubble and it will be proven soon in coming months.

[Choii]

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

Actually, when i was a begginer especially here in our forum i don't understand also what is "BUBBLE" means when it comes to market especially in cryptocurreny. And i curious what exactly means for that words "bubble" so i do some research and base on my research Bubble means by moving the market like " volatile " in the other words, but in bubble your investment have posible to disapear in an instant without knowing it..

Is it a bubble,? Well for my own opinion bitcoin is not a bubble because everyone know the value will increase again and also in the future..

[Rulelies]

Bitcoin is not a Ponzi scheme. Ponzi schemes use referral system. You bring someone to get your money back. It's a pyramid. The people at the base of the pyramid pay the ones on top. Bitcoin does not ask you to refer people. They don't ask you for any money either. They fdon't promise to pay you anything.

[ladydark]

Bubble is a fast increase in price of an asset or a stock making it over valued than its actual value. Bitcoin has been termed as a bubble for more than one year and no asset or stock which is in a bubble could remain in higher price for such a longer period. Bitcoin is not a bubble.

[Hell-raiser]

Bitcoin is not a Ponzi scheme. Ponzi schemes use referral system. You bring someone to get your money back. It's a pyramid. The people at the base of the pyramid pay the ones on top. Bitcoin does not ask you to refer people. They don't ask you for any money either. They fdon't promise to pay you anything.

Indeed, there's no explicitly set referral system in place, but given that Bitcoin nowadays is mostly speculation, it works exactly this way. You buy with the intention of selling higher following the famous "buy low, sell high" trading wisdom, but you can sell higher only if someone else buys at a higher price (with absolutely the same intention). So it is the same concept even if Bitcoin doesn't ask you to refer people. People are effectively referred to you when they buy bitcoins from you.

[richmcrich]

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

The term bubble is just another word for the volatility of bitcoin. It surge up and it might blow away like a bubble the would disapear in an instant. But i believe that it is not the case for bitcoin, since it is the most reliable cryptocurrency as of today. Hopefully not a bubble because if so, many would break their emotions on it.

There are number of people who are doing nothing else but are spreading negativity in the minds of other people. They are only doing all this and are saying such kind of statements because they themselves are unable to make out anything from bitcoin and that’s why they are getting jealous of those who are wearing a huge money from bitcoin. In reality, bitcoin is really a good way of making money and it is making our lives far better.

[Rafar8]

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

Albert Einstein said: "There are two infinite things in the world-the universe and human stupidity. Although at the expense of the first, I'm not sure. "

The history of mankind knows a lot of bubbles - when the value of something reached the cosmic heights only thanks to the agiotage demand, and not the fundamental factors.

The most famous ones are tulipomania, shares of the company of the South Seas (on which Isaak Newton lost money), from the latter - a dot-com bubble.

The picture below shows the rise and fall of the most famous market bubbles. Now bitcoin is on the second place after tulipomania, if counted from 2014 on. And if you take an earlier period, then bitcoin is much higher.

[Elsie123]

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

Bubble is the rapid increase and dicrease of bitcoin price, bubble is normally a specified action used on bitcoin business, it is only used by the bitcoin authorities for the balancing system of different transactions on bitcoIn.

[kevin go]

People who find it difficult to understand the concept of digital currency and who failed to invest in bitcoin currecy when it was cheap are calling it a bubble. When any currency is manipulated by a group of people for their personal benefit the unnatural and sudden increase or decrease in such curremcies is called as bubble. Bitcoin is a decentralized currency so such manipulation is impossible.  Bitcoin is increasing continuously since last two years. And even after crossing $19000 mark, it is rolling down slowly not suddenly. It shown bitcoin is not a bubble. 

[Hell-raiser]

People who find it difficult to understand the concept of digital currency and who failed to invest in bitcoin currecy when it was cheap are calling it a bubble. When any currency is manipulated by a group of people for their personal benefit the unnatural and sudden increase or decrease in such curremcies is called as bubble. Bitcoin is a decentralized currency so such manipulation is impossible.  Bitcoin is increasing continuously since last two years. And even after crossing $19000 mark, it is rolling down slowly not suddenly. It shown bitcoin is not a bubble. 

For the sake of historical accuracy, after crossing the $19000 mark Bitcoin crashed over 40% in a couple of days. I don't know how anyone would call that "rolling down slowly not suddenly". It was the crash of all recent crashes but with so many whales cashing out (Roger Ver and his team of minions), there was little that could have been done to prevent it. Besides, being a decentralized currency, which is debatable on its own, doesn't prevent coins from being accumulated in few hands. There are different dimensions of decentralization and in some of them Bitcoin looks pretty bleak.

[cluit]

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

The term bubble is just another word for the volatility of bitcoin. It surge up and it might blow away like a bubble the would disapear in an instant. But i believe that it is not the case for bitcoin, since it is the most reliable cryptocurrency as of today. Hopefully not a bubble because if so, many would break their emotions on it.

There are number of people who are doing nothing else but are spreading negativity in the minds of other people. They are only doing all this and are saying such kind of statements because they themselves are unable to make out anything from bitcoin and that’s why they are getting jealous of those who are wearing a huge money from bitcoin. In reality, bitcoin is really a good way of making money and it is making our lives far better.

These people are properly involved in propaganda of defamation of bitcoin, nothing else. These are cheap market tactics for controlling and ruining the fame of competitors, same is being done by cheap coin holders who are unable to develop strong market for their coins just like bitcoin does.

These people should focus on the publicity of their coins rather than spreading negativity about bitcoin. Bitcoin is one of the most astonishing inventions of this century.

[jostorres]

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

Bubble is the rapid increase and dicrease of bitcoin price, bubble is normally a specified action used on bitcoin business, it is only used by the bitcoin authorities for the balancing system of different transactions on bitcoIn.

Bitcoin is not bubble at all it is name of currency investment which keep on changing lives of people on daily basis and its prices are volatile and it doesn’t mean due to volatility we must start calling it bubble bitcoin has huge no of investor community and people are getting millions of profit from bitcoin on daily basis and of it really is a bubble then it wasn’t followed like that so bring some facts and then say this.

[Hell-raiser]

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

Bubble is the rapid increase and dicrease of bitcoin price, bubble is normally a specified action used on bitcoin business, it is only used by the bitcoin authorities for the balancing system of different transactions on bitcoIn.

Bitcoin is not bubble at all it is name of currency investment which keep on changing lives of people on daily basis and its prices are volatile and it doesn’t mean due to volatility we must start calling it bubble bitcoin has huge no of investor community and people are getting millions of profit from bitcoin on daily basis and of it really is a bubble then it wasn’t followed like that so bring some facts and then say this.

The fact that it is a name of a currency or investment doesn't prevent it from being a bubble. Indeed, it has changed lives of many thousand people, but any bubble does exactly that. With Bitcoin, the only way to get millions today is to buy low and sell high. But those who can't sell higher than they bought will be left holding the infamous bag. Are you one of them? I guess you are pretty much in denial and can't see or rather won't see what's going on.

The harder will be the fall.

[BUK2016]

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

Bubble is a situation where the of value of a coins increase without a serious course or unusual increase the value or price of coins. And the term is mostly use by market speculators.

[rickadone]

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

Bubble is a situation where the of value of a coins increase without a serious course or unusual increase the value or price of coins. And the term is mostly use by market speculators.

If you have noticed, in last December month, bitcoin prices were rapidly increasing from $10k levels to ~$20k price levels. We may call it as a bubble because the nature of price movement  and it was not based on any news nor events basically. When traders and investors are trying to catch possible lower prices before it will be gone, the bubble kind of situation in market is appearing. We cannot blame anyone other than market sentiment because traders are the only reason for the bubbles to happen.

At the same time we cannot ignore the importance of bubble in market because it is the only way people will realize the real potential of one commodity because people start realizing like even that much higher prices will be possible for one commodity only after a bubble happened.

[weeman]

I like to think of it as a self aware bubble. Most of us know that this growth is probably unsustainable, but we still want it to grow to trillions of dollars in total market cap.

[NoNetwork]

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 are saying that this is a bubble mainly because, last year the price of Bitcoin have gone up way up ($19k ~ $20k at most) reaching almost three times the price of Bitcoin on the year 2016. But suddenly after some months or weeks, the price of Bitcoin have drop down to $11k ~ $10k. Yeah we know it is a big drop to not to be noticed.

So I was saying, when you create a bubble it will float way up into to the air because its so light but at a certain height it will suddenly explode, and its excess will drop into the ground. That's why they're saying that it is a bubble.

[Topaz72]

I like to think of it as a self aware bubble. Most of us know that this growth is probably unsustainable, but we still want it to grow to trillions of dollars in total market cap.

Doubtless we are really hopping that bitcoin will rise in price again we trust bitcoin but sometimes the fallen price use to scare people to use bitcoin so I think it is not good to lose patience at this time, some bitcoin haters are calling bitcoin as a bubble but it is not a bubble it is reality, many of people are waiting to have bright future with bitcoin so how can we say that bitcoin is a bubble. It is not a bubble but it is treasure that will give you a lot of money.