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Author Topic: Is bitcoin like a Bubble ?  (Read 814 times)
Kaan53
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January 31, 2018, 11:57:11 AM
 #41

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 ?

 I do not agree with these type of guys, BTC will continue increasing to the 20.000-30.000 dolar. Coin market is increasing day by day.
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Kingofbitcoin12345
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January 31, 2018, 11:59:05 AM
 #42

Nope.. Bitcoin is not and should not be called as a bubble.. From the first place if there’s no black propaganda and bad news that is circulating for ruining entirely the price of it.. And in the long run this will only fuel more inverstors that will be the reason of its recovery and that won’t take much time.. This decreases will be stop within this month and February surely be a new month..

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datodota002
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January 31, 2018, 11:59:08 AM
 #43

bitcoin isn't bubble, it just currency that the price will up if a lot of people interesting to it and will go down when a lot people sell it, right now bitcoin price is down because there are many negative issue about bitcoin and make government see bitcoin as a means to finance crime. this situation make weak hands affraid to transaction with bitcoin and make bitcoin on down trend
mOgliE
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January 31, 2018, 12:14:38 PM
 #44

Hi,

Actually, if you compare the trend curb of bitcoin with the curbs of other known bubbles... Similarities are quite striking!

So, yeah, if you consider the "economic model" bitcoin seems to be on the verge of a bursting bubble.

BUT the main difference here is that the bitcoin is not linked and has never been linked to anything tangible. The problem of classic economic bubble is when the value of something (tulips, houses) is no longer n line with what the "thing" sold is. Here... Well, bitcoin is 100% digital.

I am not saying it will not burst.  just say that theoretical models we already know may not apply here. Wink

bitzzer
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January 31, 2018, 12:22:38 PM
 #45

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 ?
Those who said that bitcoin is a bubble may not know or they don't understand the concept of the economic bubble, or they actually hate bitcoin and spread negative issues of bitcoin. I personally disagree that bitcoin is a bubble, the point is that something is traded at prices significantly higher than their intrinsic value is an economic bubble and I do not think bitcoin is included in the criteria, bitcoin has a value that makes people think to buy it. But if you say bitcoin is volatile I might agree with your opinion, bitcoin is still new and I believe the expert are trying their best to make it become more stable.

BtcBling
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January 31, 2018, 12:23:06 PM
 #46

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, Bitcoin is not a bubble that will burst one day, it is only looking for its definite market value. As of now, Bitcoin's value is volatile. If Bitcoin found its median value then it will stay on it and if there will be a movement of value, it will not be this big as we see.

IanDev
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January 31, 2018, 12:25:18 PM
 #47

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 ?

There is a bubble in the sense that the value of the crypto world is not as high as it appears.
Gens09
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January 31, 2018, 02:30:54 PM
 #48

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 ?
yes always we could see the price of bitcoin swing all the time in the market because it has a value that depends in the supply and demand of the consumers so we could already expect for the prices to swing in the market and like stock market we could always expect to the price of bitcoin to skyrocket in the coming years and also to go down also but i guess the bitcoin wee take a longer time to pump because a lot of governments are not agreed in bitcoin system.
Anak Gamers
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January 31, 2018, 03:20:14 PM
 #49

bitcoin is very good asset and if we know how to manage it properley,i'm sure it will work
and now the bitcoin growth is very fast. bitcoin prices go down but will be directly normal again
Proton2233
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January 31, 2018, 03:26:57 PM
 #50

Bitcoin is a decentralized currency. There is no mechanism of regulating the cryptocurrency market. It makes the whole cryptocurrency an easy target for speculators. So now bitcoin price is going down, but tomorrow it could just as easily go up. For me bitcoin is the idea of a free economy. It will always attract people. So there will always be the prospect of rising prices.
764y111
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January 31, 2018, 03:58:35 PM
 #51

My opinion is that bitcoin is like a bubble, it can explode at any time but it is not so big that it has to explode, investing is always risky if you risk you can make a lot of money!
dvabit
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February 01, 2018, 11:06:15 AM
 #52

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 ?

Recently, the value of Bitcoin is going down and down. Some altcoins like ETH, Ripple and etc have lost up to 50% of their value. Of-course, this leads to the question, are cryptocurrencies in a bubble? well this is not new, look at previous bubbles in history. http://www.hashtaginvesting.com/blog/is-cryptocurrency-a-bubble
simonbakla02
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February 01, 2018, 11:27:19 AM
 #53

Bitcoin is a digital currency in literal. Hmmm bubble? Yes I can say that bitcoin is bubble in some other ways like some bubbles are big and some are small. Like bitcoin some transactions are big as hell and some are just small nuisance, but bitcoin is not a bubble that will just burst out in one day. Because the foundation of bitcoin is strongly as steel. Yes, bitcoin are having many followers right now. This proves that bitcoin is not a easy to be destroyed like a bubble.
imapessimist
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February 01, 2018, 11:29:14 AM
 #54

I am beginning to lose heart.  My friend said it is a bubble.  Because people put money in and the bubble grows.  Somebody else takes that money and makes a profit.  So the bubble shrinks.  And the first person loses out. 
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February 01, 2018, 11:47:06 AM
 #55

My opinion is that bitcoin is like a bubble, it can explode at any time but it is not so big that it has to explode, investing is always risky if you risk you can make a lot of money!

Many people say that bitcoin is like a bubble maybe because if you put your money on it and the price of bitcoin will fall your money can be gone anytime. But if you dont look at the negative side you will see how great to invest in bitcoin.
JCLee
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February 01, 2018, 11:52:29 AM
 #56

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 the currency in the future, not the bubble as you say. Bitcoin's current price decreases due to the cryptocurrencies market being affected by news reports such as the government's ban on Bitcoin trading as well as on hackers who have seized the cryptos on the exchange floor. However, Bitcoin future, as well as cryptocurrencies, will ultimately replace fiat currencies in the next 10 years.

Habaek08
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February 01, 2018, 11:55:48 AM
 #57

In the previous year bitcoin is like nothing before but afterwards the price are increase and increase, still there is a chance that bitcoin will also like a bubble again one day.
Roydgon
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February 01, 2018, 11:56:32 AM
 #58

The phenomenon of bitcoin continues to be studied. Some economists try to explain that the crypto currency is a bubble in the market. Others argue for a new reality, so financiers should pay more attention to new investment tools.
A bubble is when the price of an asset does not depend on its "main factors" - investors value the asset to determine its value. It can be money that is transformed from stocks in the future, the company's cash flow, the state of the country's economy or even the rent for the property. But bitcoin does not calculate profits (from shares) or rent (from real estate) and is not tied to the national economy. This is one of the reasons why it is difficult to say about its value.
dlhezter
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February 01, 2018, 12:04:18 PM
 #59

bitcoin is NOT a bubble, as i can see, bitcoin is in a correction stage at this time, from the last year (2017) sales, a huge growth/pump happened which is unnecessary. then all newbie/amateur holders/investors sell/withdraw their bitcoin because they see a biggest changed happened. profits are earned at that time, so in the end bitcoin price dropped for almost $10k which is necessary to happen. until now bitcoin cannot back to it self at all time price hike because of those dumpers before.
Harley29
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February 01, 2018, 05:41:42 PM
 #60

In the previous year bitcoin is like nothing before but afterwards the price are increase and increase, still there is a chance that bitcoin will also like a bubble again one day.
It is chance for all to get profit form bitcoin as invest today, you are right price of bitcoin will rise so high and people will get high profit. It is not like bubble but it is more than this as bitcoin is existing from so long it is not new currency now so it is increasing more and more in price with time I have notice that price rise and fall use to come  but for short time not forever. If price of bitcoin is low it will increase and rumors will keep saying that bitcoin is bubble.
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