sjefdeklerk
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SODL
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March 29, 2018, 11:37:47 PM |
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Ok, so you can't use it to pay, almost no shops accept it. In fact the number of shops accepting it has been declining. It's pretty shitty too as a way to retain wealth (seeing it's dropping so hard). So how is this not a bubble exactly?
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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anthinguy21
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OPEN GAMING PLATFORM
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March 29, 2018, 11:59:23 PM |
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From my point of view, people who consider Bitcoin a bubble are those who have no knowledge and belief in Bitcoin as well as the cryptocurrencies market. Bitcoins, as well as Altcoins and Blockchain, are special things that the Creator has given us, it will revolutionize the monetary market as well as the economy of the world.
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Scallywag
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March 30, 2018, 12:08:58 AM |
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Lets face it, BTC is in trouble. bTC's Bubble exploded at 19k. Now we are heading downto 3k or lower. After that another journey for BTC.
just like the time bitcoin went from 1200 tot 150 and stayed there for 2 years. btc is in trouble right now but this is nothing new. |
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Dheo
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March 30, 2018, 01:46:05 AM |
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Lets face it, BTC is in trouble. bTC's Bubble exploded at 19k. Now we are heading downto 3k or lower. After that another journey for BTC.
just like the time bitcoin went from 1200 tot 150 and stayed there for 2 years. btc is in trouble right now but this is nothing new. Nothing new about that, we knows that the value of bitcoin are very volatile and it's a normal. This time the price of bitcoin are dropping and many people in this forum especially beginners are panic on what will happening now. |
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jakagintiri
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www.coinxes.io
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March 30, 2018, 01:54:33 AM |
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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!!
Of course, bitcoin is very special, I agree with you, bitcoin is not good nowadays because governments, banks and all the big players on the internet are a lot of scams to make falling bitcoin can be called public fraud, where if bitcoin is well managed by all circles of society and all the big players who are on the internet, I think in this day there are also many developments of bitcoin. After all, Bitcoin is not a bubble when managed very well. |
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Maximo1
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March 30, 2018, 02:58:16 AM |
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Those who said that bitcoin is a bubble, they are the critics of bitcoin that if had a chance they will spread negative news to discourage people out of it. But you know they can crashed bitcoin but they can't kill it.
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ArnoldChippy
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March 30, 2018, 09:19:04 AM |
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Only people who don't understand Bitcoin call it a bubble, or even worse reference the Tulip Mania. It is like they are saying things without even know what they are saying, dare I say are they begin ignorant?  If it is a bubble it might had ended earlier but why it gone this far and why it just not ended when the time it is in the time struggle and why it is earn acceptance people around the world. I also think that bitcoin is not a bubble. Bitcoin price is trading high because of the increasing demand of bitcoin, i think that this trend will continue for a long time because still very little number of people have knowledge about bitcoin and as soon as the number of bitcoin users is increasing the price of bitcoin will also continue increasing. |
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margert
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March 30, 2018, 04:04:17 PM |
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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!!
I do not think like you, can see that the price of the current bitcoin is reflecting the nature of the bubble. Bitcoin's price hike by the end of 2017 has hit $ 19800, the current drop has dropped by more than 70% in just three months and now stands at $ 7,000. Bitcoin prices have fallen, and market capitalization has been declining steadily and is now more than $ 280 billion. So I believe the bitcoin ball is breaking. |
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nur rochid
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March 31, 2018, 09:53:02 AM |
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I think so. bitcoin is the future currency. I am its natural thing if in btc development there are those who agree and who do not agree, but bitcoin cant dammed with negative news, so i believeif btc have bright future, so I believe bubble will not happen
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NoNetwork
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March 31, 2018, 11:13:01 AM |
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No, they're practically right. Its simply, they are being "economists" at this very point, its not doubt, uncertainty, and fear. I mean anytime it could happen, the downfall of Bitcoin that is. Also, an asset, a product or currency itself or whatever you call it, that doesn't really benefit the economy, then its just worthless to them. And because cryptocurrencies are decentralized and volatile, people are taking advantage of it and most of them are retiring from their jobs to focus entirely on cryptocurrency. With that it will result a big impact to the economy; the loss of executives and employees, may also be workforce, skillful personnel etc., that's why it is a threat to them. They just intend to help the economy.
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eduvacation.net
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Nice Trip With Us
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March 31, 2018, 11:25:15 AM |
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Bubbling bubbles only occurred in 2013 were at that time there was a drastic increase of price pumping by several whales and companies. However, there are no such bubbles now as I see the last price pumping December 2017 the benefits are not only enjoyed by some but all users can benefit from the pumping.
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❍ Treon ❍
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RedUnicorn
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March 31, 2018, 11:30:21 AM |
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Guys you have to realse that calling it a Bubble has it's point you can't simple prove me that it isn't cus there is way too work to be done before you can call it safe and fully usable currency therefore there is so much place for error anything can happen anytime soon ofcouse we all want to believe that it isnt and we will keep repeating it to ourslef but the fact is that there is a chance it may pop anytime countrys may ban it like some of them are doing now people may panic sell it to a level were it coudn't simple recover , there is lots of possible outcome's were all this can end badly just as there is possitive outcomes time will tell.
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Bezobraznike
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★Bitvest.io★ Play Plinko or Invest!
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March 31, 2018, 11:33:06 AM |
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Bubbling bubbles only occurred in 2013 were at that time there was a drastic increase of price pumping by several whales and companies. However, there are no such bubbles now as I see the last price pumping December 2017 the benefits are not only enjoyed by some but all users can benefit from the pumping.
Same bubble could be seen last year. On charts everything looks the same, big rise big drop, people get in, some big whales get out, people get out, big whales come back in. Nothing out of the ordinary in my opinion. People earn money, now Bitcoin is much more then it was and for all early adopters this prices is more then high. In economy bubbles are fast rises, with simple words, after which you expect bubble to burst and usually that happens. Bitcoin in 2013 could not hold $1200, Bitcoin in 2017 could not hold $19000. But price now is more then $1200, believe that in 2021 bitcoin will not be able to hold $150k but it will reach it and be there for a while. |
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faceoff97
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March 31, 2018, 11:56:33 AM |
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The mainstream media has really a big factor on why peoplw believe that bitcoin is a bubble.Media News reports the risk and all the scams related to it. The thing about this, is that people are not oriented on how and why Cryptosystem works. Since Bitcoin demands amount of information to get full understand it.
Since bitcoin is now established, and has been developed over years. There were very big number of people in the market and it would take a phenomena to make sudden dump with it's price. The value is all dependent on the people and bitcoin is actually a decentralized which means no one has full control over it (nothing but the people who invested). Thus, I believe that bitcoin is not a bubble. Its technology is actually hard to corrupt.
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Sorento
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March 31, 2018, 12:53:25 PM |
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Bitcoin is not a bubble.... We are very close to the stability of bitcoin price.....
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Janinjo11
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Janinjo tips
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March 31, 2018, 01:03:45 PM |
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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!!
No, you are wrong. Look what happened in December 2017. Price was inflated, many people invested because everyone was saying BTC will rise to even 500.000 USD! And then the bubble burst. |
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Hell-raiser
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March 31, 2018, 02:06:03 PM |
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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!!
You may want to tell your story to the market first because market is what ultimately matters. Right now it doesn't look like Bitcoin is a life-changing financial discovery. This thought may give you some comfort and a bit of consolation indeed, but as is always the case, reality eventually kicks in. In fact, it has already kicked in and turning a blind eye to it will only make things worse for you personally. The longer you refuse to see them in their true light, the stronger will be your disappointment, frustration, and emotional distress when you finally open your eyes. |
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Bugsbey
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March 31, 2018, 02:13:40 PM |
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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!!
I like your post, it is very well said. For the people saying those negative things, surely they are not knowledgeable about bitcoin. Or maybe they are just afraid of bitcoin. There are some businesses that will be affected if bitcoin will be used by many. Just for example, the banks. |
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vaughn125
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March 31, 2018, 04:26:10 PM |
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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!!
I agree with you I too believe that bitcoin is not a bubble. But the thing is that people who are saying such things or economists as what people would like to call them are really not that well educated yet about bitcoins or only know too few about it and refuses to know more because of their closed minds. Which is probably why they make such claims and say such things that would really make a bit sense to people that like them does not know that much about bitcoins yet or the whole crypto industry. But hey, that's their right and we cannot do sht to prevent them from saying what they want. So we might as well ignore them and spread as much positive things as we can like how they spread as much negate things. |
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