Is Bitcoin a Bubble?

[israthj]

No, i think bitcoin is not a bubble. if bitcoin was a bubble, it would burst in near time. But look at now, bitcoin has not burst yet. So, bitcoin is not a bubble, every year bitcoin price increased. We all know that some time bitcoin will end and you can probably agree with this statement at the moment.

[BLAST2MARS]

Yes, of course, Bitcoin is a bubble. Bubbles are always exploding whenever and always explode with high prices. There is no doubt Bitcoin development from year to year is always growing rapidly. I am sure the end of 2018 Bitcoin price will reach $ 50,000.

Agree. The burst in bitcoin means exploding in price and not dying. Because if the "bubble has popped" really means it's over then why the hell we are still here trading and talking about crypto?

[paymentbit21]

maybe yes, you never know when the bubble will burst!

[dedens212]

It's true Bitcoin is a bubble because Bitcoin can quickly soar in a short period of time. The reason why Bitcoin is increasingly interested in flood is because it is considered to have more profit, compared to conventional transactions. Bitcoin exchange rate from year to year continues to rise. In fact, currently, one bitcoin is equivalent to $9,000. Bitcoin is a promising investment ground. The more enthusiasts the more popular Bitcoin. I also hope that by the end of 2018 Bitcoin can penetrate $50,000.

[LKing]

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...

[Coleen]

Bitcoin is not a bubble it is a digital currency also called crypto currency

[alvinmtp]

In fact, bitcoin has clear properties of the bubble, since without internal value and unsecured, it reached a very high price only by increasing the demand for it. We also know that the growth in demand for bitcoin was due to that. that people hoped to get a big profit from the growth of its price, that is, purely speculative interests prevailed. Many states have already paid attention to this property of the bubble, urging their citizens not to invest in bitcoin because it represents a big risk of losing the funds invested in it.

[CrystalPham]

The amount of gold in the world is only limited and limited, but bitcoin is more mathematically calculated and must follow the rules, and of course no one can change the math. Give that bitcoin a bubble. However, because of its hierarchical, mathematical, and transparency nature, calling it a bubble is not entirely accurate.

[berrieswithwine]

Nope. Here's why.



1. Cryptocurrency has only just begun to enter mainstream awareness never mind adoption. By the year 2000 when the dot-com burst was in full effect, over 43% of the United States population was using the Internet. In contrast, after roughly eight years Bitcoin is at best in its early adopters phase. It is estimated that only .046% of the target population of crypto users has adopted this technology. We are not at the peak of this cycle as mainstream media would like to suggest, rather we are just starting up the bitcoin adoption lifecycle.

2. The Internet was a collaboration of universities and government institutions. These institutions were well funded. Once the potential of the Internet began to be understood mass amount of investment from government, education, and private institutions followed. In stark contrast, there has been little to no investment by any of these entities in cryptocurrency. In great part Bitcoin and cryptocurrency has been supported by small individual investors who support the technology and/or want to make money. The day will come when mainstream investors and possibly even governments will make a big move into cryptocurrency. When this happens the market will explode higher.

3. Almost every government around the world has put roadblocks in front of Bitcoin and cryptocurrency development. This too is in stark contrast to the Internet where almost every government assisted their people and businesses gain Internet access. Bitcoin has had threats made against its existence since day one and countless times thereafter. The Internet never faced such a constant threat. In fact I believe it is a testament to the power of Bitcoin for having survived.

4. Bitcoin threatens banks and the entire financial system for that matter. The Internet promised ever greater profits for the banks through huge cost savings and investments. Bitcoin survived a direct assault from one of the greatest bankers in history, Jamie Dimon of JPMorgan - Bitcoin survived and Dimon backtracked. Think of the potential investment when banks and other financial institutions begin adopting blockchain technology - and this is already beginning.

5. The first ICO occurred in 2017. The ICO is an entirely new use for cryptocurrency. To say something that has not even been around for a year is in a bubble is difficult to understand. By the time the dot-com bubble burst in 1999/2000 almost all of the foundation technologies of the Internet had been established. Crypto wallets and payment systems are just beginning to become available to mainstream users and businesses around the world.

[bjmpoker001]

It can be yes, can be no.
Yes it is a bubble but it is only 'like' a bubble. Not an ordinary bubble. bitcoin price can spiking and falling later.
No, bitcoin can spiking indeed, but when bitcoin falling, the price won't go to zero, unlike other bubbles in general, they burst to zero.

[Cloak1]

Bitcoin is in a bubble and the bubble will burst, but no-one can predict when a bubble will burst. Bitcoin still has a large room for growth before we see its price getting stable at the end.

[MoasKiaet]

No it is not bubble, that new is spread by bitcoins haters who do not have the courage to try bitcoins. Bitcoins is a useful innovative payment medium.

[Md.salauddin]

so many people think that its a bubble but i dont think that its bubble . its a best investment  and high return investment . price volatality always high in this coin but its not a bubble.

[Dotakels]

Unfortunately, bitcoin has all the signs of a bubble. The price depends on people's beliefs, and the price may collapse if everyone starts exchanging money for dollars. Yes, it can be said about the dollar and gold, but the dollar and gold have value and stability!

[Abdullah.dhariwal]

Noooooooooo!

[insidertradingeverywhere]

I think Bitcoin is a bubble, The speed of extraction and emission of bitcoin is constant and does not depend on the total amount of computing power. If all but one old computer is disconnected from the network, it will produce bitcoins exactly as fast as the entire network for today.

[Gatot84]

There is a lot of talk about this, though bitcoin is still on a certain level and despite the fact that many countries do everything to destroy it.

[Stevelulia]

true believer on it say it will surely rise and continue to rise at the top. ITS NOT A BUBBLE 

[rony01941]

No, I don't think so. Because Bitcoin will be more valuable than Gold. Bitcoin will make all transactions in the near future. Bitcoin's transaction will increase in the future and its price will increase. Bitcoin will go on forever.

[JackdunR]

Bitcoin is not a bubble. They are purely coin in the market. Today many people have known BTC, they are more involved and btc now apply in payment of goods and services.