BITCOIN IS NOT BUBBLE!!

[RamonBTC]

It’s all are just narrative from people or investors who can afford the price, but wanted to buy at least lesser to gain more profits. Is it bubble? Nope it is selfishness that most of us is guilty with. I am and I can’t deny it, but do I use this arguments? bubble, negative news and fuds? Certainly not, because it doesn’t make any sense at all. If bubble burst, their is no such thing as new bubble created. So it means, bitcoin be in zero when we called it bubble.

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[Crytptomeniac]

Bitcoin itself is not a bubble, it is a currency and an asset but what happened at the end of december and the beginning of january had all the characteristics of a bubbly but that is over now.

[Sled]

Of course bitcoin is not a bubble because if bitcoin is a bubble then a lot of people will just leave it and they will find another coin that they will think that is not a bubble, a lot of people announced their opinion about bitcoin that it is a bubble when the price hit $10,000 but bitcoin even goes up to $20,000 to prove that it is not a bubble.

[nickmax]

Today, the Internet World is full of people who are called economists who say bitcoin is a "bubble." they seemed to spread fear, uncertainty, and doubt. They say that the bitcoin high price rally will be a disaster. however, it looks like they just hate cryptocurrency. many of these experts do not fully understand bitcoin.

Bitcoin is special. This is not a company that can lose profitability and fail. This is certainly not a speculative real estate scam that could collapse due to government and bank fraud. Bitcoin is something else. Its value does not increase due to market lies. This is increasing because it is a life-changing financial discovery. This increases as more people adopt it.

Bitcoin also grows as a result of basic economy. Its supply is limited to 21 million units and this certainly makes assets scarce.  If something is scarce and many people want it, then, its value will eventually increase.

So.. Bitcoin is not Bubble!!

Those who say that bitcoin is a bubble, or it is not profitable for them, if bitcoin will grow, or they bought $ 20,000 each and now do not know what to do and justify saying that bitcoin is a bubble. And the rest are just stupid and spread false rumors.

[JerryJam]

Disputes over the" bubble " continue. Personally, I think that bitcoin is not a bubble.Bitcoin has a completely different fundamental basis than the shares of Internet companies.Over time, there are new bitcoin users, but the oversaturation of the market does not occur Because the number of bitcoin coins is limited. The cryptocurrency market has a positive impact on the economies of underdeveloped countries. Bitcoin is an alternative means of payment and is used to save savings.Given the growing demand for bitcoins, it can become a full-fledged means of payment around the world.

[fauzan Ichsan]

Of course bitcoin is not a bubble because if bitcoin is a bubble then a lot of people will just leave it and they will find another coin that they will think that is not a bubble, a lot of people announced their opinion about bitcoin that it is a bubble when the price hit $10,000 but bitcoin even goes up to $20,000 to prove that it is not a bubble.

right. and in this year many predict that bitcoin will rise more than $ 20k. so for future boundary btc will be even higher again as it penetrated last year's resistant and there is plan soros will enter its fund in cryptos

[keycellko]

It certainly is not. I dont think it even matters what economist wannabes want to think. Whats important is we believe in bitcoin. We can't listen to all the negativity and the fud they're going to let out in order to pull bitcoin down. And we're not backing down because of that. We will be here to support bitcoin all the way.

[yonjitsu]

Have read articles and some topics already in this forum claiming that bitcoin is just a bubble that is about to pop anytime of the day. Well, until now, they keep on looking for that time when it really pops because bitcoin seems to be proving them wrong all the time.

[Sled]

Have read articles and some topics already in this forum claiming that bitcoin is just a bubble that is about to pop anytime of the day. Well, until now, they keep on looking for that time when it really pops because bitcoin seems to be proving them wrong all the time.

Bitcoin already prove them wrong and we can see that in the price of bitcoin and if bitcoin is a bubble then it will pop as the price reaches the highest point and $20,000 is its highest point and that is when we expected that the bubble pop but it just go down like a normal hyped market and now it is moving up back again to that highest point and trying to exceed to that price.

[IndzheborgC]

Bitcoin is not a bubble. It is a developing competitor to electronic payment systems VISA / MASTERCARD.
In addition, it has one of the important functions as a currency in which other coins based on the blockchain are nominated. These new crypto coins have many practical applications and hence the price of bitcoin will grow as higher the use of altcoin.

[willnotwas]

Today, the Internet World is full of people who are called economists who say bitcoin is a "bubble." they seemed to spread fear, uncertainty, and doubt. They say that the bitcoin high price rally will be a disaster. however, it looks like they just hate cryptocurrency. many of these experts do not fully understand bitcoin.

Bitcoin is special. This is not a company that can lose profitability and fail. This is certainly not a speculative real estate scam that could collapse due to government and bank fraud. Bitcoin is something else. Its value does not increase due to market lies. This is increasing because it is a life-changing financial discovery. This increases as more people adopt it.

Bitcoin also grows as a result of basic economy. Its supply is limited to 21 million units and this certainly makes assets scarce.  If something is scarce and many people want it, then, its value will eventually increase.

So.. Bitcoin is not Bubble!!

Everyone is entitled to his opinions. Bitcoin has been a bubble since 2010  - you may have heard this allegation from those who is too coward to invest their earnings in crypto. This situation remains unchanged. Don't waste time telling the obvious - just get a profit while you still can.

[lzby2000]

Many people compare bitcoins to tulips of Holland in seventeenth Century. This is quite different. It's ridiculous. Bitcoin has a strong community support, and tulip can only be passed between the Royal aristocracy, block chain technology can change many industries, and tulips can not change anything, I think bitcoin has no bubble.

[Yari_k]

"Bitcoins are not a currency provided with something. This commodity (commodity - Ed.) Is rarely like baseball cards, stamps, gold or oil," explains Sean Townsend.

Bitcoin course is very unstable. For example, even the rumor of the "evil" bitcoin system can cost a few hundred dollars - people will hurry to get rid of the currency.

The more people find out about bitcoins, the greater the demand for it. For example, one Prague investigator, Ladislav Kristikuuk, found that the more people "coughed" information about bitcoins, the higher his course.

Also, this is promoted by "Pampers" - experienced players on the exchange, which have a lot of bitcoins. As soon as they see that interest in the currency is falling, then they begin to buy Bitcoins. So they create a visibility of interest in criminals. Newbies start to panic and buy bitininks too. When the course reaches its peak, "Pampers" begin to drop and sell their bitcoins. On June 9, the bitcoin rate is $ 2,822.

Therefore, to consider Bitkhin bubble Ibb did not become. Although anyone who does not understand well on this issue may have such thoughts.

[BitcoinTurk]

Bitcoin is a cryptocurrency discovery that will change the future. Those who claim to be balloons are usually those who are harmless by ignorant, ignorant, or amateur investing. Since they can not accept their own ignorance or mistakes, they are guiding the other way by giving the example of a balloon. Also, those who think that it is a balloon will be better off just watching the market without investing instead of talking blankly.

[pahomovat]

Certainly, it is not a bubble as it has been in existence for 8 years now. A bubble cannot exist for so long and they usually run away with money in months.

[Hell-raiser]

I can name 5 reasons why bitcoin can not be called a bubble:
1. The legal exchange facility;
2. When bitcoin has gained popularity, the potential demand for it from new investors is huge;
3.  Demand from commercial structures;
4. The number of bitcoins is limited;
5. Preservation of wealth in troubled economies.

Nothing in your list is a decisive factor which would prevent Bitcoin from being or turning into a bubble. Some of them are factors which can be said as preventive to a degree but none is enough and sufficient. On the other hand, the potential demand for it, for example, actually contributes to Bitcoin turning or having turned into a bubble given the lack of real adoption and use. When these halt or just lack while the price grows, it is a sure sign of a growing bubble.

[BartS]

Bitcoin itself is not a bubble, it is a currency and an asset but what happened at the end of december and the beginning of january had all the characteristics of a bubbly but that is over now.

The price of bitcoin is what it becomes a bubble, but bitcoin in itself is not a bubble you just have to look at the great things that bitcoin does, bitcoin allow to us to send money all over the world without any interference by a third party by paying a decent fee, and that is not a small thing in fact that is huge just look at inefficient services like Western Union they charge you a fortune to send your payments to other parts of the world, not only that you require an identification in order to claim your money while in bitcoin this is not the case if I send you money with bitcoin you do not need the permission of anyone else or to identify yourself.

[odolvlobo]

Many people compare bitcoins to tulips of Holland in seventeenth Century. This is quite different. It's ridiculous. Bitcoin has a strong community support, and tulip can only be passed between the Royal aristocracy, block chain technology can change many industries, and tulips can not change anything, I think bitcoin has no bubble.

Bitcoin is not a flower. I am sure nobody meant the literal meaning but if someone did, he must be out of his mind at that time. Bitcoin is a beautiful creation like tulip flower which has filled the lives of its holder with fragrance and happiness. Only this is common between two. Bitcoin has a whole different function and it is a digital currency which help a person financially, tulip can’t.

I have no doubt that during the Dutch tulip mania, people were calling tulips a "store of value".

[richardsNY]

Certainly, it is not a bubble as it has been in existence for 8 years now. A bubble cannot exist for so long and they usually run away with money in months.

People should learn what a bubble actually is. Bitcoin's market operating in bubble territory doesn't mean it will completely vanish when the bubble deflates. Markets all go through a bubble stage every couple of years, which is completely normal. The standards however are the main difference here -- where traditional markets usually need an increase of 40-50% to be considered a bubble, Bitcoin with its consistent increases is always considered to be a bubble according to the transitional standards. From that perspective it's pretty understandable, but when you look at how new this market still is, and understand what even a few billion of capital entering this market can do, there is no real bubble. I consider it to be progress....

[bizarro]

This could be a fluence of governments and rich guys, who does not want for regular people to be wealthy and free with help of bitcoin, so it good for them to decieve us.