dbutp
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Streamity Decentralized cryptocurrency exchange
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May 09, 2018, 06:17:44 PM |
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The value of bitcoin has risen dramatically and then suddenly dropped. bitcoin has grown slowly for a long time. I've heard many people say that bitcoin is a bubble but I do not think so. Bitcoins are showing signs of recovery. The value of bitcoin will explode and bitcoin will be the currency of the world.
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Google+
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May 10, 2018, 05:04:34 AM |
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I think it's pretty obvious bitcoin is not like bitcoin bubble is a digital currency that has price movements up and down but if you say bitcoin is a bubble it's wrong because if bubbles then bitcoin will not be able to do price recovery while bitcoin can still do price recovery which means bitcoin is not a bubble.
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ScotlandPros (OP)
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May 10, 2018, 04:30:21 PM |
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Bitcoin and the rest of the Market seem to be bouncing back nicely. Does everyone think it is likely to go way up past the rate it will eventually settle at or is it more likely to rise and fall and the reach it's eventual rate before stabilising. Not sure if that makes sense but just wondering what the general opinion is on how it will reach its eventual rate. [/quote] Pump will not take bitcoin to 20,000$. It is a slow and steady process and it may take 4 to 5 months until we see 20,000$ again. During this time we may see increase in prices followed by decrease in prices. The prices can not always move in upward direction constantly. [/quote] I agree with this and think this will be the most likely outcome. Do you think it will go past and back or just upto evtual stable value. (Obviously I am just speculating that it will eventually find a stable value like all commodities.
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LKing
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May 12, 2018, 12:47:08 AM |
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What the media label "bubble" could also be called a "price discovery ". What is happening now has never happened before. Although bitcoin mimics the stock market very closely, it isn't actually the same thing. And as bitcoin hasn't gone through an entire market cycle as yet, who knows what the real price may be?
It could be worth $100 or $7 million. Nobody knows for sure and we won't know for a few years. It will continue to crash and recover stronger because the market cap is still very puny by comparison with the share market. There is tons of room to grow, so hold on to your hat...
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Radio-Active
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YOUC - https://www.youengine.io/
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May 12, 2018, 05:50:57 AM |
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You may think bitcoin is a bubble because its value can rising at insane amount and speed. but bubble cannot rise back once they burst. Bitcoin is able. Just look at the history of bitcoin price.
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gundala
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May 12, 2018, 06:06:01 AM |
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Bubble or not, it depends on the perspective of each. For me, all kinds of investments have the opportunity to bubble, the difference is its speed. Bitcoin, the movement of the price is quite fast, so the issue of bubble increasingly widespread. No need to be afraid of it, the bitcoin price by the end of 2017 is very high, and now has decreased, you could say that bubble has burst. But look, the price is slowly improving, not causing bitcoin to die.
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mudasarali43
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May 12, 2018, 10:00:48 AM |
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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 its true because if the bitcoin in big amount is hold and the little amount in the market will trade than bitcoin price will increasing because of little quantity and huge demand
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hurriebra49
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May 13, 2018, 05:49:16 PM |
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yes it is because the demand and supply will depend on it and the idea of bubble is also we thing by watching the market position because when market will goes up it will effected to the whole economy and when the holders in big amount of bitcoin will sell then it cause to decrease the price,
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Phlaser
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May 13, 2018, 05:58:25 PM |
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Bitcoin isn't going anywhere neither is it a bubble that's meant to burst. Bitcoin will get stabilised in the nearest future and all FUDs been spread around now will be no more. The technology is there to support it and already gaining more attention now. 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
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youdacapt
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May 13, 2018, 06:24:10 PM |
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yes it is because the demand and supply will depend on it and the idea of bubble is also we thing by watching the market position because when market will goes up it will effected to the whole economy and when the holders in big amount of bitcoin will sell then it cause to decrease the price,
this literature will be damaged if bitcoin continues to develop the systems and problems they have about the blocksize system and transaction speed. bitcoin also has strong support from all altcoin as the main conversion goal. positive sentiments continue to grow and skepticism over the bubbles is based only on systems that no one can intervene, we can compare who will survive, whether that is capitalization, or decentralization in the next decade. This is a jurisdiction about which economic system is more fair.
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TRON0824
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May 13, 2018, 06:32:17 PM |
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for me its no , just take a look at the past . they said bitcoin is a bubble but what happen know bitcoin is grow up and up . i don't know why they think bitcoin is a bubble until now .
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hasimkamal
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May 13, 2018, 06:32:41 PM |
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First of all it is not a bubble. Some people believe that bitcoin is a bubble and it will blast any time. This concept is believed by those who don't have elaborate knowledge in it.
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yoseph
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May 13, 2018, 06:47:53 PM |
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Though i don't believe that Bitcoin is indeed a bubble, I have rather seen some trends in it, And that is people invest heavily into bitcoins and then hold for a time and when the value reaches a new high, most tend to sell their bitcoins all at once which brings the value down and the whole thing starts again.
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oni4an
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May 13, 2018, 07:35:04 PM |
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Why in our society is it acceptable to believe what is said in newspapers, TV, magazines? How can people who do not understand new technologies have something to say with confidence? They need to learn again to make some statements in the field of crypto.
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jonland22
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May 13, 2018, 07:50:56 PM |
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We are heading into a future that technology is everywhere and at this point it is clear that soon enough a cash less society will emerge but people is still uncertain if it will be the bitcoin that will bring us into that generation, for me it is not but bitcoin will surely play a big part in order for us to take a step.
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rob143
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May 13, 2018, 08:05:03 PM |
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I will never understand why there are a lot of people who really think that bitcoin is a bubble.. No, the price is setted up by people, there is "no manipulation" from the outside, except those who put millions into it.
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Coinnosaurus
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May 13, 2018, 08:33:14 PM |
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YI think btc is in a bubble, but that doesn’t mean it’s going to burst anytime soon. It’s very likely to go higher because the crypto space has just begun to gain mainstream exposure and btc is the most widely known face for it.
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Victorias
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Gamblica Token Sale launch 01.03.2018!
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May 13, 2018, 08:45:27 PM |
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Bitcoin is already king and crypto coin #1 in the world and will remain forever. All the rest are far behind and can not constitute worthy competition in the near future.
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YED
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May 13, 2018, 10:18:14 PM |
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In order to understand a “bubble” one needs to understand the underlying valuation metrics. Most “experts” simply guess at how to value Bitcoin and subsequently explain the price movements very poorly. Tom Lee of Fundstrat (formerly head of research at J.p. Morgan) has come up with a method using Metcalfe’s Law, which says that the value of a network is proportional to the square of the number of users, and explained 94% of Bitcoin’s price movements over the last 4 years.
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lida311993
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May 13, 2018, 10:27:00 PM |
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All this talk about bitcoin Scam is ridiculous. Well unless it would develop to such scale if it was a bubble?
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