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Question: Is Bitcoin a Bubble that will eventually burst permanently?
Yes Bitcoin is a bubble it will burst permanently. - 13 (14.1%)
No bitcoin wont burst for years it will go up year on year. - 29 (31.5%)
Bitcoin is a continues bubble it will burst and rise until it eventually stabilises - 22 (23.9%)
Bitcoin will burst and rise until it eventually bursts and die - 2 (2.2%)
Price is on the recovery from that big dump and market is going back to normal levels to reach there and after that start rising. - 26 (28.3%)
Total Voters: 92

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Author Topic: Is Bitcoin a Bubble?  (Read 2410 times)
loicuagio1979
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April 22, 2018, 03:22:36 AM
 #81

As for me, it’s not fair to say or confirm that bicoin is a bubble. Let’s have a short comparison between bitcoin and dot-com bubble. The market capital of Bitcoin or cryptocurrencies are significantly different from those of dot-com bubble in several key respects. And the most important one is the the different size of “the bubble”. At its “peak” now, the cryptocurrencies is around $385 billion, whereas the dot-com bubble was roughly $6.8 trillion, or about 18 times of the size.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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susuberuang
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April 22, 2018, 04:15:45 AM
 #82

I think bitcoin is not a bubble, bitcoin movement is definitely up and down and very different from bubbles that can break at any time, bitcoin has many enthusiasts and many buy orders are blocking at the bottom of the price so I do not think bitcoin like bubbles that after rupture can not recovered again.
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April 22, 2018, 04:58:58 AM
 #83

Highly depends on who you ask, if you ask someone watching from the outside (someone who doesn't get involved in bitcoin ) then they're going to most likely say yes. But if you ask someone who has invested in crypto, doesn't matter at what point in time, they're going  to say that bitcoin has done this time and time again and that it's going to recover.

Though, I'll be the one in the middle who's honest, no one really knows. That's the real story.




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chengyinoing01
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April 22, 2018, 05:49:49 AM
 #84

BTC from birth to now after a rally for many times, after repeated fell at the same time, it has collapsed, have a plenty of Yin fell for a long time, by this kind of thing is usual, basically all sorts of conditions are met many times, if it is a bubble, the collapse of the early?

But bitcoin has survived...

So I said that bitcoin is valuable and not a bubble.
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April 22, 2018, 08:19:35 AM
 #85

I don't think there's any reason to think that.bitcoin is a great cryptocurrency and a great chance for many people to change their lives.but it's definitely not a bubble

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ScotlandPros (OP)
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April 25, 2018, 09:17:54 AM
 #86

Thanks for all the great opinions, I love this community - finally we can talk freely and have an opinion without the man trying to force his view.

Looks like Bitcoin is bouncing back once again, is there a way to tell when it is next likely to 'correct'? or indicators that can be used to move to tether during correction times?

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April 25, 2018, 09:44:06 AM
 #87

Bitcoin not bubble its a good investment cryptocurrency
sashulya7979
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April 25, 2018, 09:54:11 AM
 #88

Do not ponayu why many people say that bitcoin is a bubble? If you understand the essence of the job bitcoin and everything else, then you will understand that this is not so, have you seen that at least one bubble would have a capitalization of 300 billion? ask yourself this question?
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April 25, 2018, 11:14:30 AM
 #89

I absolutely don't think so.why should bitcoin in General be a bubble?Yes, many say so but I think it's just impossible nonsense

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April 25, 2018, 11:17:00 AM
 #90

I don't believe it's a bubble. I'm more interested in what we stand to get out of the blockchain tech than the success of bitcoin its self.

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April 25, 2018, 11:19:27 AM
 #91

In fact, yes, however sad it is to admit it! Like any other pyramid or bubble, bitcoin exists as long as people believe in it, as soon as everyone wants to return their invested money, the price will drop dramatically!

As long as many people are starting using it and trusting how the market goes bitcoin will sure have a time that its price will be stabilized and have a definite price. For now many people are keep insisting that bitcoin is a bubble and anytime its price will eventually go down.
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April 25, 2018, 11:35:39 AM
 #92

I think it far from word bubble. Because BTC need long time to dead and different from bubbles that can burst at any time. More and more BTC Fans and they will not let BTC burst.
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April 25, 2018, 11:39:43 AM
 #93

I don't believe it's a bubble. I'm more interested in what we stand to get out of the blockchain tech than the success of bitcoin its self.
I agree with you . Bitcoin can not be considered a bubble because the market is still very new and we can invest now. If we want to see Bitcoin as a bubble, we should wait for at least 50 years to clear it up. I personally prefer to use Bitcoin or Ethereum for payment because the transaction costs are very cheap and I can pay all over the world without much legal issues.






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dpoisoner
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April 25, 2018, 11:51:48 AM
 #94

I do not think bitcoin is a bubble. But its price is higher, because it is popular. To him a lot of interest. This is a strong currency.

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April 25, 2018, 01:58:52 PM
 #95

no!
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April 25, 2018, 02:05:40 PM
 #96

I think it went through a market cycle just like a stock or any other cryptocurrency! This is a fundamental of an investment instrument like this. I think bitcoin just has a value since it is the FIRST cryptocurrency, but in terms of a technology or as a currency I am not that sure.
I believe it paved the way for a new medium of currency and that it self is a huge thing. Again, bitcoin is not in a bubble it just went through a market cycle.
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April 25, 2018, 02:12:24 PM
 #97

the word bubble does not apply correctly to bitcoin! if someone else has doubts about the entire crypto market and bitcoin, then it is better to study more additional information! that growth which shows bitcoin is accompanied by the fact that this market is crude and absolutely new! We are at the very beginning of development!

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April 25, 2018, 02:23:12 PM
 #98

Maybe Bitcoin, but crypto not. It will be huge in future more and more companies, will accept cryptocurrencies.
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April 25, 2018, 02:24:14 PM
 #99

No, bitcoin is not a bubble! Bitcoin value was higher and it will rise again. Maybe The rising already started!  So, if bitcoin can be bubble then let this bubble fly to the sky and don't break that. So, my vote is for bitcoin is not bubble  Grin

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April 25, 2018, 02:41:39 PM
 #100

Bitcoin has no clear value and the market is largely unregulated. This combined with psychological illusions, makes the bitcoin bubble bigger than anything we find in the history books on the economic bubble.
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