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Author Topic: Is bitcoin like a Bubble ?  (Read 564 times)
rizqillah
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April 10, 2018, 12:36:14 PM
 #161

Some people say bitcoin is like a bubble and it will burst one day.
Now current situation we can say its price is going down and down.
Is it true that bitcoin is like a bubble ?

No,the price is going down or up in bitcoin is normal.it is not buble.
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April 10, 2018, 12:43:42 PM
 #162

whether the end of 2017 is a bubble burst from Bitcoin, and with a Bitcoin price below $ 10,000, the bitcoin will remain stable, and whether there will be a bigger bubble, Grin
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May 05, 2018, 02:30:24 AM
 #163

Some people say bitcoin is like a bubble and it will burst one day.
Now current situation we can say its price is going down and down.
Is it true that bitcoin is like a bubble ?
The strengthening is driven by an increase in the interest of retail and institutional investors who view the digital currency as a means of payment for the future and the means of storing asset value. Such legitimacy makes bitcoin harmful to investors.
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May 05, 2018, 02:23:44 PM
 #164

Bitcoin has been referred to as a bubble for quite some time now. As the price rises drastically just like what happened last december where it reached a staggering 20,000$, people are quite skeptic that it will pop anytime soon. But that's bitcoin as it is very volatile.

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May 05, 2018, 04:50:12 PM
 #165

It may be true, because the digital moneys are new for peoples and some people still don't want to believe it. And the price of Bitcoin is changeable a lot and it is the another reason for people's bad think.
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May 05, 2018, 05:56:38 PM
 #166

yes it is the same, bubble conditions occur if the value of Bitcoin slumps along with other currencies with relatively equal numbers. Another factor in the decline in the value of Bitcoin is a change in investor preferences to buy cryptocurrencies of lesser value, such as Enthereum and Lite Coin.

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Omega Weapon
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May 05, 2018, 10:20:03 PM
 #167

Some people say bitcoin is like a bubble and it will burst one day.
Now current situation we can say its price is going down and down.
Is it true that bitcoin is like a bubble ?
Many people compare what's happening with cryptocurrencies with what happened with the tulip mania back in the day, but the biggest difference is that cryptocurrencies actually have some use while tulips are completely useless, so cryptocurrencies themselves are not a bubble but the price at which they trade can create bubbles because of the uneven demand coming from the public.
Ramtapsbtc
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May 05, 2018, 11:23:50 PM
 #168

Some people say bitcoin is like a bubble and it will burst one day.
Now current situation we can say its price is going down and down.
Is it true that bitcoin is like a bubble ?
Bitcoin is not a bubble. Prices of cryptocurrencies are going down but definitely it will go up again as this is one of the characteristic of bitcoin. Bubble if burst is gone but bitcoin when price goes down, there is still bitcoin. Grin

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May 06, 2018, 01:22:06 PM
 #169

Some people say bitcoin is like a bubble and it will burst one day.
Now current situation we can say its price is going down and down.
Is it true that bitcoin is like a bubble ?
Bitcoin is not a bubble. Prices of cryptocurrencies are going down but definitely it will go up again as this is one of the characteristic of bitcoin. Bubble if burst is gone but bitcoin when price goes down, there is still bitcoin. Grin

Well if people think that way then let them be. It can be considered a bubble and that bubble has popped. Several times in the past already. But with the support btc enjoys and the potential it presents, it will keep inflating itself after it pops

Qartersa
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May 06, 2018, 03:10:30 PM
 #170

Based on my research that I done for my paper in economics in school, what I found out is that there are two schools of thought. First is that Bitcoins or any cryptocurrency's fundamental value should be based on the cost of mining a unit of it. So this means you have to take into consideration the cost of the mining rig, the cost of electricity and other costs. If the current price is near that amount then it would mean it is not a bubble. The second school of thought is that the fundamental value is based on it's cash flow. Since bitcoins does not really have any form of cash flow then that means that they do not have any fundamental value.

Based on that, I would say that bitcoins should be based on the first school of thought. The second one is likely an old concept that should not be applied to something like bitcoins as it is quite new and unique which old concepts could not be applied to.
cmacwiz
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May 06, 2018, 04:23:45 PM
 #171

Some people say bitcoin is like a bubble and it will burst one day.
Now current situation we can say its price is going down and down.
Is it true that bitcoin is like a bubble ?
Bitcoin is not a bubble. Prices of cryptocurrencies are going down but definitely it will go up again as this is one of the characteristic of bitcoin. Bubble if burst is gone but bitcoin when price goes down, there is still bitcoin. Grin

Well if people think that way then let them be. It can be considered a bubble and that bubble has popped. Several times in the past already. But with the support btc enjoys and the potential it presents, it will keep inflating itself after it pops
Yes exactly, once the price comes down and it takes a long time to recover, but once the price recovers then it crosses its previous high and then again losses value in a few weeks to months, now the bitcoin price is rising again and about to hit $10k so I think it will take only a few months to cross its previous all time high. And once bitcoin crosses all time high then it will only go upward to make a new all time high and there are many chances that it would not come back down in next few years.

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