Is bitcoin like a Bubble ?

[princesocapuyo]

When you look at a long-term graph of the Bitcoin price (I'm talking about 4+ years) you see clear bubbles and recoveries time and time again. So, even if this is a bubble it's going to recover and go up exponentially again after.

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[bahula33]

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 ?

some cryptocurrency market analyzers, all reminded to be careful with this bitcoin bubble phenomenon. The cryptocurrency trade is highly volatile and unpredictable.

[jak3]

It depends on the market. Bitcoin is not actually a bubble as because it has some initial balance in it which is being fuelled by users like us. The Bitcoin price is not predicted randomly it is generated by the demand and supply in the market and the same goes for all the other altcoins. Suppose if someone text out like 1000 Bitcoin from the network then there is going to crash the price a lot maybe the price will become stable at $200 or $300. And as you know that every market has some spikes or sometimes the price gets frequently increase because of some rumors you can consider those moments as a bubble but Bitcoin is not a bubble.

[compro01]

many do not invest in bitcoin because they believe that this is a bubble. They have the right to think so, because those who have invested know that this is not a bubble

[Ozero]

Bitcoin becomes like a bubble when it grows too fast in price, as it was in December of last year, that is, when it grows in price almost at the expense of an agiotage speculative demand for it. If it grows slowly, it does not manifest itself. Therefore, the higher bitcoin rises in its value, the more cautious it is to be when investing in it.

[maynguyen]

Many people think that bitcoin is a bubble, it is blown to the highest value and will explode. But I do not think so, I think bitcoin is in trouble, the price of bitcoin is reduced but bitcoin is showing signs of recovery. Bitcoin has many benefits, more and more people use bitcoin. I think bitcoin is necessary in our lives.

[spacesniper93]

People are considering Bitcoin as a bubble because there are too many investors investing in it and it makes a huge fluctuation when they're all withdrawing their money.
That situation will make a big change on the market and dropping from 20k$ to 10k$ in a month is a proof for it.

[integrap]

Yes maybe we can say that bitcoin is a bubble. Because we have seen dramatic increace in the price of Bitcoin and it broke $19000. So in a short time many people invested in bitcoin and then some whales sold their bitcoins. After that we have seen a big correction. But I think bubble will recover itself again. We have seen the same scenerio in 2013. If people use bitcoin in real life, there is no need to discuss about if it is a bubble or not.

[Serdaldal]

If you are asking if Bitcoin is like a bubble, it's never a good because Bitcoin is a fast-rising currency, but it's a fast-rising currency, but moralizing and turning your Bitcoin into a bitch If you think Bitcoin is a bit more like a bubble, you're definitely going to get in the corner because Bitcoin is purely patience.

[oksana3619]

Instability and lack of regulation bitcoin does not allow banks to buy this currency. But with the development of new financial products their risk will decrease.

[redhondaxrm125]

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 ?

Well honestly, judging by how it has been moving for the past few months and how people has been seeing bitcoins lately, I pretty much think that  it cannot be something that we can call a bubble. But it really isn't. There are many reasons As to why or why not. But whatever the case is,  bubble isn't one of the word that best describes it.

[Aztek]

Its growing value has proved its worth - and of course its price will fluctuate, just like any new technology. But it is obviously not a scam. When people become accustomed to paying and receiving money using bitcoin, they stop using the dollar, the euro, and the yuan, devaluing them over the long term. The potential of bitcoin will slowly prove that it is not a bubble

Will definitely need to support Bitcoin as we need to positively view it's system and as form of currency on the market. Becasue support is one of the key for it to initially have development and improve its system. I think it is much more capable to improve and to have a better system if more people will trust and support Bitcoin.

[Charloz24]

While people perceive bitcoin as a speculative coin and go into an asset only to earn quick money, yes, it's a bubble! But when everyone in the world will feel its power and start measuring everything in bitcoins, and not in dollars and other fiat money, the stability of bitcoin prices will become permanent!

[BlackRacerX]

Nope. Bitcoins aren't bubbles. It is just volatile that a lot of people are still investing on it and riding the trends. But who knows, mayne this volatility is the behaviour of a bubble. I might be wrong to think that bitcoins aren't a form of a bubble. Anytime, it can pop if it's ripe and big enough to do so.

[astrid.uchiha24]

this debate has been everywhere like ages, god people stop believing for those nonsense. Bitcoin has proven its self a lot of times, did we experience bitcoin having a 0 value from exchanges? non, because demand for bitcoin will always be there.

[maaydin]

so many media say that it is bubble but what we can see it continues it`s path towards being a currency that opens new ways bout payments and business that continues to expand the market cap

[9jaflick]

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 will bubble, forget about the current price going down, it will definitely rise again . expect the big dip

[Umkar]

Bitcoin becomes like a bubble when it starts to rise too sharply in price because of the speculative speculative demand for it. This could be seen in December, when he quickly rose to a price of $ 20,000. After that, he fell in value so low. Now, when the price of bitcoin is relatively low, it does not pose any risk for investing. Only when bitcoin again inflates in the price plan, then it will represent a certain risk for investors.

[Dele2018]

In my opinion bitcoin is not a bubble,and I believe it is here to stay,I believe the future is really bright for bitcoin.

[Dele2018]

This is really the best time to invest when it's low,because it is bound to still go way up before the end of the year.