BITCOIN IS NOT BUBBLE!!

[btc78]

Bitcoin was invented as a currency that will become an alternative for all Fiat. Perhaps the price of bitcoin has been artificially increased, but it is our fault. We drugged him with speculative capital. Now the price has returned to the real indicators. Perhaps now the volatility of bitcoin will decrease and the price will grow slowly. I don't see any signs of a bubble.

well everything that has make a huge price that wasnt really truthful is a bubble if we speaks about reality..imagine how huge bitcoin price did last December 2017 and now here is the outcome,when the market having its corrections the price suddenly drops means this is the true price..so we holders must wait for another months or years to feel again our profits because this cant be overnight movement

[SkiOlya]

If you call going from $1000 to $19,000 in a year then declining sharply a bubble, then sure, it's a bubble.

Bitcoin is not a bubble, it's just that he has too high a volatility. 

Five facts, according to Nasdaq, why bitcoin is not a bubble:
1. The Growing Acceptance of Bitcoin as Legal Tender
2. Increasing Merchant Adoption
3. Bitcoin Is Increasingly Acting as a Store of Wealth in Distressed Economies
4. Bitcoin Has Only Just Gone Mainstream
5. Bitcoin’s Supply Is Limited

[Elips1]

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?

,,,That's right!, because some other people thought that bitcoin was a bubble and assuming that they had more knowledge regarding the ability of bitcoin even though they are lack of information or the details of crypto. I think they should better to investigate first for their info.

[y_stars]

It used to be at 19 thousand dollars, and then bla. So those people whom I don't think are experts, non the less must feel that they were right.

[BartS]

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.

Bitcoin is not really in trouble, the price went down by a significant margin but that doesn't mean that bitcoin is in trouble that just means that the people that were investing in bitcoin without thinking about the consequences of doing so have run out of money so the ones that are in trouble are the investors that put their money blindly in bitcoin not bitcoin itself, bitcoin is still as strong as it has ever been and the developers are doing the best job they can so bitcoin remain that way, so I do not read think that we are going to reach 3000 that seems to low probably the price we are seeing right now is one of the lowest points of bitcoin.

[Hell-raiser]

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.

Bitcoin is not really in trouble, the price went down by a significant margin but that doesn't mean that bitcoin is in trouble that just means that the people that were investing in bitcoin without thinking about the consequences of doing so have run out of money so the ones that are in trouble are the investors that put their money blindly in bitcoin not bitcoin itself, bitcoin is still as strong as it has ever been and the developers are doing the best job they can so bitcoin remain that way, so I do not read think that we are going to reach 3000 that seems to low probably the price we are seeing right now is one of the lowest points of bitcoin.

Bitcoin is as strong as people who are using it. It should be as simple and easy to understand as click on a mouse button. It doesn't matter what developers are doing, though I don't think they are doing much nowadays anyway, since if people stop using Bitcoin, it will be dead instantly. In this fashion, people who have invested in Bitcoin and "put their money blindly in bitcoin" only to suffer tremendous losses are also what makes Bitcoin.

[Starone1]

Bitcoin is not a bubble.... We are very close to the stability of bitcoin price.....

This is true that bitcoin is not bubble but the other thing is true that bitcoin is not stable currency, price of bitcoin use to rise and fall often, with market demand bitcoin increase and decrease but it never get stable price. At the start of bitcoin people were saying that bitcoin is only a bubble that will bust very soon but that day never come infect people now accept the reality and the benefits of bitcoin very well.

I do agree with your that bitcoin Is not having any stable price but it is good for us, when we get the chance of low price in market we should buy bitcoin so that we can save it for long time and if we see the price of bitcoin high then sell at huge profit, this phenomena in bitcoin is very natural it does happen, so we cannot call bitcoin a bubble for it. Demand of bitcoin is now increasing so I prefer holding bitcoin even if you see the price of bitcoin not very high, because increasing price is very certain in bitcoin.

[jaysabi]

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!!

First of all, you take as a given something that isn't a given. "If something is scarce and many people want it, then, its value will eventually increase." I don't see a reason many people will eventually want Bitcoin. You're just hoping more people in the future will want Bitcoin, but you don't know they will. Nobody knows this, nor can they even know this. The only thing we know for certain is that fewer people want Bitcoin right now than did in December when it was trading at over $19,000. If this wasn't true, you wouldn't have had a price collapse.

Second, the bold text from your OP isn't very sound. Bitcoin is not special. There is nothing about Bitcoin that gives it the ability to defy the laws of economics, but this is what you have to mean when you say it's special. Bitcoin is not a company that can lose profitability; this is true because it's not a company that produces any profit. It's just an asset, and as only an asset it is only worth what everyone decides it is. While this is true for stocks as well, the difference is that stocks represent a legal ownership of a business that produces profit, and therefore has inherent value. Bitcoin doesn't. As you say, it's not a speculative real estate scam that could collapse, but it is a speculative asset that can collapse, and I would say in some respects, has collapsed or is collapsing.

[yfekolpace]

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 first discovered bitcoin way back 2016. That time btc’s price was only $500-600. A lot of experts said it was a bubble. Now, 1 btc is already $6500K  many experts said again it was a big bubble.

[Noelbetty12]

I don't believe it is a bubble. If it was it should have popped up and gone years after its struggle with its haters. There are so many people who have nothing to do with one self except for being critques of bitcoin. They spread fear which I think wad really unnecessary. They would want it banned. And so many other things that could have destroyed bitcoin. And yet none was successful in pulling out bitcoin from its current position among all coins. If it  is indeed a bubble then let us respect their ideas. Let them blow the bubbles they say and let us see how they could destroy it. That is if they could. In their dreams!

[Harleybtc01]

I don't believe it is a bubble. If it was it should have popped up and gone years after its struggle with its haters. There are so many people who have nothing to do with one self except for being critques of bitcoin. They spread fear which I think wad really unnecessary. They would want it banned. And so many other things that could have destroyed bitcoin. And yet none was successful in pulling out bitcoin from its current position among all coins. If it  is indeed a bubble then let us respect their ideas. Let them blow the bubbles they say and let us see how they could destroy it. That is if they could. In their dreams!

I also dont believe that bitcoin is a bubble, we all know that bitcoin is in bear market now therefore there will be time for bull market also. We dont have to worry because there are a lot of bitcoin supporters. Saying that bitcoin is a bubble is just a rumors made by the people who hates bitcoin or made by the people who feel envy to the people who gained a lot of profit. So lets just continue supporting bitcoin and help it recover.

[cyberkuto]

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!!

Bitcoin is better and getting even better.  A lot of people already been successful with this. Therefore,  Japan is also on the bitcoin side. So expect that success is upcoming. I wonder why some are being negative on it.  They should give it a try and see to their self. 

[sidodadii]

I don't believe it is a bubble. If it was it should have popped up and gone years after its struggle with its haters. There are so many people who have nothing to do with one self except for being critques of bitcoin. They spread fear which I think wad really unnecessary. They would want it banned. And so many other things that could have destroyed bitcoin. And yet none was successful in pulling out bitcoin from its current position among all coins. If it  is indeed a bubble then let us respect their ideas. Let them blow the bubbles they say and let us see how they could destroy it. That is if they could. In their dreams!

I also dont believe that bitcoin is a bubble, we all know that bitcoin is in bear market now therefore there will be time for bull market also. We dont have to worry because there are a lot of bitcoin supporters. Saying that bitcoin is a bubble is just a rumors made by the people who hates bitcoin or made by the people who feel envy to the people who gained a lot of profit. So lets just continue supporting bitcoin and help it recover.

Yeah market is now bear we can not wait now we can wait by supporting bitcoin community to stay solid. and in my opinion bubble already happened from february and it is very reasonable because the bitcoin increase in 2017 is very very big so be reasonable if bubble happened as it is today.

[Reid]

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.

What trouble? You are a Senior Member here and still you are not seeing how far bitcoin went for the past 1 year?
It is not in trouble, it had made a lot of price hike. The real problem is people getting used with a larger price. Why not look at its value?

Now regarding the bubble. I agree with the OP. It is not a bubble. It is just those organizations will keep on bringing bitcoin down so that people will go back to the traditional investment. They might not like the competition because of the billion dollars that are now coming into the crypto world. They want it. Who doesnt? They profit from it. The money they will spend for spreading false news will be nothing compared to what they will profit if they can pull people out of crypto.

[Supercrypt]

There are three types of people that says such.

First we have those that missed the opportunity to invest in Bitcoin when it was at a cheaper rate, so they are boiling with anger whenever they see others making profit and enjoying the benefits that comes from Bitcoin. These kind of people will always say all kind nonsense to make sure that Bitcoin falls. If they succeed in getting the price to fall, they will be like ‘oh it’s down, let’s check it out’…

Next are just writers and journalists looking for what to write about, and when they don’t find any good thing to write about, they just go about shouting Bitcoin is bubble, just to get people’s attention and also promote themselves.

The next group are people are just people who don’t really have interest, but are thinking that Bitcoin will destroy what they believe in, so they have to do anything possible to see to it that Bitcoin is kicked.
But all these people never succeed, rather all they do is make people see the potential of Bitcoin. They even help to make it popular!

[fiulpro]

Here what a bubble means is something that is very volatile and can just disappear by blooming or growing for a while. Now since information about bitcoin and its creation is so limited that it is very anonymous. On top of it, the volatility of bitcoin have always been scary. Sometimes super high, and sometimes extreamly low. That have been the story of bitcoin so far. Thus whenever it starts rising, minds with speculation and some knowledge of economy start calling it a bubble, while they dont do so when the prices are very low.
Its just a terminology for something as volatile as bitcoin.

[Chrisjay29]

For me yes bitcoin is a bubble currency. Because of his unstable price anytime bitcoin can be fall in zero. Thats be wise and be careful about investing. But i think that wouldnt happen. I trust bitcoin more than other coin.

[Coffee135]

For me yes bitcoin is a bubble currency. Because of his unstable price anytime bitcoin can be fall in zero. Thats be wise and be careful about investing. But i think that wouldnt happen. I trust bitcoin more than other coin.

I can't call bitcoin a currency. It does not have the properties of a currency. This is a means of payment and this is the biggest problem. Each user of bitcoin is constantly forced to use exchangers. Fiat is our trouble. The idea of creating bitcoins was to be able to abandon Fiat. But this did not happen and for this reason the government can track all users.

[BartS]

Bitcoin is as strong as people who are using it. It should be as simple and easy to understand as click on a mouse button. It doesn't matter what developers are doing, though I don't think they are doing much nowadays anyway, since if people stop using Bitcoin, it will be dead instantly. In this fashion, people who have invested in Bitcoin and "put their money blindly in bitcoin" only to suffer tremendous losses are also what makes Bitcoin.

What you're saying is very weird, the developers are incredibly important for bitcoin you are talking as if people would just use bitcoin just because they want or just because they have to, and that is not the case people are going to use bitcoin because it benefits them because they have a use for it so the better the technology behind bitcoin the more people are going to be behind it, so the job of the developers is extremely important and also you are talking as if they do not do much when they are working in one of the most important developments of bitcoin, the lightning network.

[Direwolve735]

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.