Is Bitcoin a Bubble?

[Dexion]

I do not think that bitcoin is a bubble, because bubbles will explode at any time, and die in a fast time.

but bitcoin is not like that, as long as bitcoin still has high spread and large volume, bitcoin will last long.

so, in my opinion, bitcoin is crypto currency, and not bubble or ponzi.

patient and waiting is what we should do when bitcoin prices are unstable.

[Akosibatman]

In my opinion, bitcoin isn't a bubble because last year experts said bitcoin will just pop and will be gone at the end of 2017 but as of today bitcoin is still alive. Why? Because bitcoin is the future, it is where we are going to be. I dont think it will pop and just gone because as long as the community uses it, it will stay alive. As time passes by, there is increasing amount of people who use bitcoin as form of transaction. There are still country who recognize bitcoin as their transaction but it not yet that wide on the country like here in the Philippines. Bitcoin is like a email, as long as the people use it it wont die.

[csdga]

In my opinion, bitcoin isn't a bubble because last year experts said bitcoin will just pop and will be gone at the end of 2017 but as of today bitcoin is still alive. Why? Because bitcoin is the future, it is where we are going to be. I dont think it will pop and just gone because as long as the community uses it, it will stay alive. As time passes by, there is increasing amount of people who use bitcoin as form of transaction. There are still country who recognize bitcoin as their transaction but it not yet that wide on the country like here in the Philippines. Bitcoin is like a email, as long as the people use it it wont die.

If bitcoin is a currency, then its current function as a means of payment is apparently a failure, and it is hard to imagine using it as a way of payment in everyday life, given the huge fluctuations in exchange rates. We see again that those who do not really understand bitcoin listen to stories and earn huge amounts of wealth by buying bitcoin early on.

[ScotlandPros]

It looks like the general vibe so far is Bitcoin will rise into a bubble and burst repeatidly before eventually stabilising. The drops will push out the weak and the ling term holders will prevail?

Does no one think Bitcoin will die at some point and if you do, why?

[danherbias07]

That was just FUD that had been spread.
Think about it. When the FUD is successful then people will panic and sell resulting to a decrease in value in bitcoin.

Let us put it this way.
If I am a whale and I already sold all my bitcoin to dollar or any other coin. I can somehow use that money to pay others to spread the bad news. Or someone powerful enough for it to look like it is legit.
Then after the decrease in value I can buy back doubling the bitcoin that I will hold.
It is good business.

[Nyenyepogi]

Hello community,

I have heard some reports that 'someone' has put $1 million on Bitcoin being $50,000 before the end of 2018 and other conflicting reports that Bitcoin is a bubble that is going to burst. I understand this is very much a time will tell kind of question and some may argue that the press has said bitcoin is  going to burst/fail since it came out but look at it now... and I understand there may be at least a chance it could be worth $1 million in the future.

What I am asking is what are the big Bitcoin holders thoughts on this are they bailing or are they holding for the long hall, if they are holding can 'The Bitcoin Bubble' really still burst?

I have most of my eggs riding in this crazy but attractive world and would really appreciate inside feedback.

Thanks for reading  

Yes, i do also think if whales are just playing around with us, baiting the increase movement of bitcoin price for us to invest too. I'm thinking if they are going to pull their bitcoin after it reaches a waiting mark, for example $20000 to $50000, i don't know if im only the one who thinks of this, i also want to here your opinion about this. I also want your opinion what would you do if this is correct.

[dothebeats]

The way things panned out since 2011, it seems that bitcoin goes through several bubbles that is being inflated and bursting only to be inflated again at a latter time. Naturally, a bubble is something that goes completely out of hand before being permanently gone for good, but with the way how bitcoin market's move, it seems that this will be a continuous push and pull effort from the bears and the bulls until we reach a point of stability or no volume at all. The use-cases of bitcoin is pretty limited, with investments being the leading reason why people are buying the coin, that's why the price action is pretty much active no matter what the trend is.

[fatirborju]

My opinion bitcoin Not a bubble,Because every month bitcoin always increase and decrease,And if exploded will not immediately rise drastically, for me all need a process
And I believe someday I do not know when bitcoin will surely reach $ 50.000....
Thank you

[jamesscorpin88]

I don't think so. A bubble lasts for few seasons.  After commencement Bitcoin never been died. Beside it's currency value it has strong power for bonding relationship with one another. Bitcoin forum is the vivid example. Has the bubble any power such as this. How I can a forum member invest in bubble.

[joshua05]

We aren't the lord to predict the future. But if bitcoin will sooner be gone, what will happen to its investors and negotiators though? they have been taking the risk of trusting their works and money and I guess investors and affiliates is the one who's making it stand to do work, so I guess its only clear that bitcoin isnt like a bubble.

[Marileno]

I believe it is a bubble. I do not however believe it is a fraud. The fact is that there is no inherent value in BTC for the time being and that valuations are pure 100% speculation. History has shown us that this never lasts and eventually values fall in line with fundamentals. When this happens and to what degree i have no degree, it is however a certainty.

[BrewMaster]

bitcoin had a lot of bubbles and it will have a lot more in the future, some huge ones and even small ones alike.

but right now i do not think we can call bitcoin a bubble anymore because its price has dropped A LOT. you can not have a 70% drop and still consider the asset a bubble and this is while bitcoin has a big intrinsic value which is a lot higher than current price.

[Dreamchaser21]

For me everything is a bubble and the good thing is they can surely bounce back just like any others stocks before. Bitcoin is not different from them in terms of price cycle, I think instead of bubble better to say its just a healthy correction that can help us to go higher in the futue. I am holding my coins no matter what people say, if this is a bubble let it burst and hold until it bounce again.

[ScotlandPros]

It's good to see different opinions on this and there also seems to be some common traits between opinions.  I did also here allot of vibe about the whales trying to force out the weak.

I got a tip for how to look up what the Biggest Bitcoin holders in the world are doing on the blockchain explorer. The deposits in and out of there wallet seem to reflect market swings.

Not sure if I am aloud to put links in my posts yet as still a Newbie?? If I am I will share with you guys so you can look up the explorer and see what I am talking about. (If I am not allowed to put direct link up I am fairly sure you will be able to google it to work it out.) VERY USEFUL

Does this been the long term survival of Bitcoin is in the hands of the big holders?

[ScotlandPros]

Are there any indicators to look out for that indicate when these temporary Bitcoin bubbles might burst. I heard if once Bitcoin reaches $12,400 it will not have a final retrace and will hit a golden cross and go bullish.....any thoughts on this.

[P3]

On the off chance that bitcoin is a cash, at that point its present capacity as a methods for installment is clearly a disappointment, and it is difficult to envision utilizing it as a method for installment in regular day to day existence, given the colossal vacillations in return rates. We see again that the individuals who don't generally comprehend bitcoin tune in to stories and win tremendous measures of riches by purchasing bitcoin from the get-go.

[lord_off]

Hello community,

I have heard some reports that 'someone' has put $1 million on Bitcoin being $50,000 before the end of 2018 and other conflicting reports that Bitcoin is a bubble that is going to burst. I understand this is very much a time will tell kind of question and some may argue that the press has said bitcoin is  going to burst/fail since it came out but look at it now... and I understand there may be at least a chance it could be worth $1 million in the future.

What I am asking is what are the big Bitcoin holders thoughts on this are they bailing or are they holding for the long hall, if they are holding can 'The Bitcoin Bubble' really still burst?

I have most of my eggs riding in this crazy but attractive world and would really appreciate inside feedback.

Thanks for reading  

Of cource it's a bubble. Forget about BTC, close the forum and order a ticket to Siberia!
Just kidding  
Anything could happen, we are here on our own risk.

[novikov433]

It's understandable that bitcoin is a bubble, but because the technology of crypto currency is constantly improving demand more than offers and in the end it will still be growth.

[imapessimist]

Bitcoin sometimes seems to behave like a bubble getting bigger then shrinking.  I don't think it will burst altogether.  If it ends it will be a slow fade away but I don't think it will end any time soon.  It's been going a good number of years now and things have been a lot worse before now.

[swogerino]

Bitcoin is not a bubble. Everyone of us have been witness of how bitcoin has increased in price since the year 2009 when bitcoin was created. Bitcoin is not a bubble because is a new technolgical and financial creation of the latest century and can be used for many different things and purposes. The best of purposes I believe is that it can be used as a store of value some times changing a person life if he has been patient enough. There is a reason why bitcoin is called gold 2.0 .