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rockerzofIco
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February 23, 2018, 07:18:52 PM
 #1

I think Bitcoin is a bubble which is about to burst, its prices are also going higher day by day.
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February 23, 2018, 07:23:21 PM
 #2

I think Bitcoin is a bubble which is about to burst, its prices are also going higher day by day.
Please, read more carefully forum. There is already a similar topic with a lot of answers. https://bitcointalk.org/index.php?topic=2847977.0
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February 23, 2018, 07:30:03 PM
 #3

it all depends on the supply and demand, at the moment there are many projects that have new ideas, so the bitcoyne will not explode yet. even Petro has already been adopted at the state level, so I think that the explosion will not go bad
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February 23, 2018, 07:35:26 PM
 #4

I think Bitcoin is a bubble which is about to burst, its prices are also going higher day by day.

Higher and higher, since 2010.


If bitcoin is indeed a bubble, then it's an unlikely one, seeing that it had burst numerous times yet still pursuing higher highs every time it inflates again. Assuming that this was a bubble, shouldn't it be dead when it popped on 2014? But no, the bubble only took a break and was inflated again by people who strongly believe about bitcoin's potential to change the norms of the financial sector and hopefully convert the world into a cashless society. It could be a bubble, it could be not. 9 years is a small span of time to conclude bitcoin's ultimate nature, but the current events suggest that the world is slowly accepting it day by day so there is a high possibility that bitcoin is here to stay no matter how many times the so-called bubble pops.

 
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stompix
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February 23, 2018, 07:52:34 PM
 #5

I think Bitcoin is a bubble which is about to burst, its prices are also going higher day by day.

Oh, thank you for warning us.
You were afraid that the people on this forum where unaware of this threat and you decided to make an account and post  this?
Again, thank you for taking the time and doing this extremely detailed and conclusive analysis.
Now after hours of reading your arguments, I really believe that we're experiencing a bubble, and it's all due to your insight.

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February 23, 2018, 08:00:34 PM
 #6

I think Bitcoin is a bubble which is about to burst, its prices are also going higher day by day.

Bitcoin has been in a bubble since its inception. LOL. And I think that this argument can go on and on as long as bitcoin price is going up. So I suggest you checked out this link:

https://bitcointalk.org/index.php?topic=2847977.0

https://bitcointalk.org/index.php?topic=2274758.0

https://bitcointalk.org/index.php?topic=2210186.0

https://bitcointalk.org/index.php?topic=2593767.0

And I'm sure that you will find a lot of good argument in those thread and decide for yourself it bitcoin is a bubble or not.

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February 23, 2018, 08:04:25 PM
 #7

Don't think about the USD price of bitcoin. Bitcoin has a satoshi value and it's very different from any other currency we are using. Bitcoin is like a one valuable currency and it can compare to a gold+fiat money. Don't ever think that bitcoin is a bubble, try to do some research.

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joromz1226
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February 23, 2018, 08:08:04 PM
 #8

I think Bitcoin is a bubble which is about to burst, its prices are also going higher day by day.

Higher and higher, since 2010.


If bitcoin is indeed a bubble, then it's an unlikely one, seeing that it had burst numerous times yet still pursuing higher highs every time it inflates again. Assuming that this was a bubble, shouldn't it be dead when it popped on 2014? But no, the bubble only took a break and was inflated again by people who strongly believe about bitcoin's potential to change the norms of the financial sector and hopefully convert the world into a cashless society. It could be a bubble, it could be not. 9 years is a small span of time to conclude bitcoin's ultimate nature, but the current events suggest that the world is slowly accepting it day by day so there is a high possibility that bitcoin is here to stay no matter how many times the so-called bubble pops.
I agree with you and thanks for sharing anyway. This chart seems legit and I wonder why People doesn't know what's going around why bitcoin keeps increasing. The world is changing into a digital or technology, Bitcoin is not a bubble.
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February 23, 2018, 08:13:47 PM
 #9

The truth is that bitcoin can go both ways any moment. It is not in a bubble and it is not destined to burst, however a scenario that it goes down to as close to 0 as it doesn't matter is possible. As well as an opposite scenario, that it goes up and up and eventually hits 100k or 1m - it is possible too. And everything in between.
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February 23, 2018, 08:29:50 PM
Merited by XbladeX (20)
 #10

This is one of the loudest, if not the most-talked about bitcoin as a bubble. On September 12, Dimon stated at the Barclays bank conference that "bitcoin is worse than tulip flowers", i.e. a bubble in Europe on tulip seeds in the 17th century.

The bank's CEO explicitly stated that bitcoin is "cheating is not a real thing." "It will eventually be closed," said Dimon. He emphasized that he would release any trader who would engage in cryptocurrencies.

After his speech bitcoin drank by 2 percent, but as it turned out, at the moment when Dimon spoke critical words at bitcoin, his bank in San Francisco was ... meeting with experts from cryptocurrency who talked about them to managers and JPMorgan customers.

However, I do not agree with that ...

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February 23, 2018, 08:37:13 PM
 #11

This is one of the loudest, if not the most-talked about bitcoin as a bubble. On September 12, Dimon stated at the Barclays bank conference that "bitcoin is worse than tulip flowers", i.e. a bubble in Europe on tulip seeds in the 17th century.
[...]
Actually the tulip mania comparison was around in 2014 and 2015 too... It was all over in media then and the same is happening now. Those people should think of something fresh, because they sound like a broken record already.

One must always remember that anybody who publicly declares this or that stance with bitcoin has his own interests and their words should be seen in the perspective of achieving that person's goals.  
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February 23, 2018, 08:47:16 PM
 #12

Don't think about the USD price of bitcoin. Bitcoin has a satoshi value and it's very different from any other currency we are using. Bitcoin is like a one valuable currency and it can compare to a gold+fiat money. Don't ever think that bitcoin is a bubble, try to do some research.
Most of people who are saying Bitcoin is a bubble are haters of Bitcoin. 100% of trusted people are all bankers and they're trying to protect their bank system from Bitcoin even Bitcoin didn't harm anything to them.
Bitcoin isn't a bubble because it's more likely stocks, unless you're saying stocks are bubbles.
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February 23, 2018, 08:56:50 PM
 #13

I think Bitcoin is a bubble which is about to burst, its prices are also going higher day by day.
It's going higher though there is a lot of people not keeping the coins so they can try to play with gambles and other meaningless things.
Bitcoin should go up higher.

 
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February 23, 2018, 08:58:27 PM
 #14

Fuck off from here then.
This is just not the right place for you. Nor do you provide any information.


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February 23, 2018, 08:59:48 PM
 #15

Many people cannot understand why the price of bitcoin has increased to almost 20K, so they call it a bubble. Bitcoin has dropped to less than 6K a few weeks ago, that would be a burst of the bubble. But now that the price is increasing again, the bubble has not burst at all.

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February 23, 2018, 09:01:52 PM
 #16

Fuck off from here then.
This is just not the right place for you. Nor do you provide any information.
I like your post one another thread about how it is in the bitcoin world and with those who are saying what the OP is saying about it now:
This is how people react:
So don't worry about this,let them worry about it,the more they worry the more they sell and ultimately gives us yet another opportunity to buy in the dip Wink
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February 23, 2018, 09:43:11 PM
 #17

Bubble of Bitcoins is the definition of Nobrain-ers.
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February 23, 2018, 09:47:36 PM
 #18

It's not the first time some one is talking about the bitcoin bubble. Many people had expected bitcoin price to fall very much. None of them was right. Bitcoin price is rising in long term and there are some corrections in short-time. There is no bubble.

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February 23, 2018, 10:02:14 PM
 #19

The bitcoin is not a bubble. As usual, the ups and downs will be out. There is an increase in the time we look at the main chart.
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February 23, 2018, 10:11:27 PM
 #20

The bitcoin is not a bubble. As usual, the ups and downs will be out. There is an increase in the time we look at the main chart.
I do not agree with your point. The rise of bitcoin at the moment is only temporary. bitcoin is still bubble. The crypto market only stops for a short time and we can not conclude that.
The cost of bitcoins is really hard to predict and they depend on whales. We just wait for news from the investments to judge the market.

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