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quovadiz
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April 15, 2018, 12:00:13 AM |
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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.... Yes that is very right to say,i also think that it is not a bubble, ii s in fact the actual increase in the price of bitcoin. The current increase in the price of bitcoin is due to the increasing demand of bitcoin, and i am sure that this demand will continue for a long time, because still bitcoin is trading in a low price and there are much more possibility of its increase. |
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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jaysabi
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★777Coin.com★ Fun BTC Casino!
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April 15, 2018, 12:38:20 AM |
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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.
None of these explains why Bitcoin can't be a bubble. 1. Legal exchange facility. What does this even mean? It's either an incomplete thought, or perhaps a misnomer of something that may actually exist, but either those words don't disprove the Bitcoin bubble claim. 2. Popularity. Something being popular doesn't mean it's not a bubble. In fact, it's more likely that because something increases in popularity quickly it is a bubble. Bitcoin certainly fits this as people rush in trying to make easy money. Bitcoin's popularity is owed to the mania around people trying to get rich quick. That's prime bubble territory. Nobody can be certain right now that Bitcoin's popularity isn't a fad. You're speculating it's not, which is why buying Bitcoin is more speculating than investing. 3. Demand from commercial structures. Lol, please. There's virtually no commercial demand for a Bitcoin as an alternative to the dollar. Institutionally, something like Ripple is far more likely to eventually be used than Bitcoin for business purposes in the financial sector. That's not to say there won't eventually be commercial demand, but there certainly isn't now and therefore certainly no proof this isn't a bubble. 4. Limited supply. Plenty of things have a limited supply, but if they suddenly shot up in price because of mass delusional mania, they would be a bubble too. Limited supply doesn't mean something isn't a bubble. 5. Preservation of wealth in troubled economies. "In troubled economies" is the operative phrase here. As long as there is a stable world economic system, Bitcoin may have utility for certain emerging economies with weak and undependable local currencies. But if the US itself suffers a massive economic meltdown, Bitcoin dies in the crib because nobody is going to hold or seek a purely speculative asset when everything is falling apart. But the speculation that Bitcoin may eventually have utility in such a limited scope for emerging economies certainly doesn't prove it's not a bubble. |
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shams
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April 15, 2018, 10:50:49 PM |
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It's not a bubble there was just a FUD because of that people got panic and sold their coins at a loss. And because of that, it was crashing but now its stable.
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BartS
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April 20, 2018, 06:52:15 PM |
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I have no doubt that during the Dutch tulip mania, people were calling tulips a "store of value".
That probably happened, but we also need to recognize the difference between some tulips and bitcoin, tulips besides being beautiful never had any kind of use, second they could never be a store of value because tulips are a plant and we know that plants eventually die, that is why a store of value needs to be something like gold which is very resistant in fact that is one of the characteristics of money, bitcoin in the other hand has some utility as a currency, it is not the best currency around the world because the fees are high and the confirmations are slow but the fact that you can send money all over the world and store it in a wallet that only belongs to you and no one else is a valuable service. |
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Dudeperfect
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April 21, 2018, 04:53:55 PM |
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Well, Bitcoin is not a bubble but we should not blame the people who are saying it because it is something that is happening for the first time in the history of mankind. They (even some of us) cannot digest the rate of growth of Bitcoin and crypto industry. On the other hand, there are the people who are using it to execute their scams and it is damaging the overall goodwill of Bitcoin because most of the people don't know what Bitcoin is all about and how it works. It will take at least a decade for most of the people to understand the core concept of cryptocurrencies.
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Ulan01
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April 21, 2018, 05:05:16 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!!
that's right, the change in bitcoin value is not a bubble. bitcoin is a very popular crypto currency that many changes and profits will come in many people's economy. so many people buy it, and sell it when needed. and now the bitcoin increase is still ongoing, but there are no signs that this is a bubble. |
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Capt00
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April 21, 2018, 05:43:35 PM |
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Definitely it is, but some individuals really think that it is just a bubble and it could burst anytime. We know that they don't have any concrete ideas that proves it was like that, only they are just seen the up and down price which mean for them a bubble.
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spyerf
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April 21, 2018, 05:51:20 PM |
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Definitely it is, but some individuals really think that it is just a bubble and it could burst anytime. We know that they don't have any concrete ideas that proves it was like that, only they are just seen the up and down price which mean for them a bubble.
it's because they do not understand bitcoin and have never seen the history of bitcoin trip before, so they can only guess and predict that this is a bubble. |
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meatballsset
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June 05, 2018, 04:05:02 PM |
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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.
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Experia
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June 05, 2018, 04:15:29 PM |
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who says that bitcoin is a bubble, yes bitcoin hits a market last year with a good value and suddenly it drops but doesnt mean it is a bubble until now the price is good enough for the people who still believe in bitcoin.
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bololord
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June 05, 2018, 04:23:32 PM |
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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.
Well to those people say that bitcoin is a bubble they did not truly understand what can bitcoin brings to their life but we cannot blame them because different people different point of views, So the best thing we can do is to ignore them and lets focus to become successful in bitcoin world. |
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inesterdd
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June 05, 2018, 04:29:42 PM |
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Bitcoin is often compared to various bladders, for example with tulip fever. But Bitcoin is different from everything we saw before, and maybe in ten years its market capitalization will be huge, as it will become a new global currency.
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marinakofoleva
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Powered by Search and Discovery
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June 05, 2018, 04:52:05 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 used to work for MLM companies many years and I was always told that you do pyramid schemes and Ponzi. I listened to them and still did my own thing. When they was a couple of years ago said that bitcoin is another pyramid and it will soon collapse, I also did my own way. But now, when all those who told me, I show them my results, they are very nervous and bite their fists. It's late... Although you can still earn. Bitcoin is about to take off. |
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Yoshinoya
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June 05, 2018, 05:22:24 PM |
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No! I don't think bitcoin is bubble because until now the price of bitcoin still good for peoples whom still believed in bitcoin and bitcoin still can give us high profit.
I think is not important to care about what they said, we just need to focus how we can be come successful in this bitcoin world.
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juragane
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CAT.EX Exchange
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June 05, 2018, 05:25:51 PM |
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yes you are right bitcoin not like bubbles, bitcoin I personally think more like wave because I see bitcoin have movement up and down like wave.
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Gabteb
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June 05, 2018, 05:27:46 PM |
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Btc is not bubble what is bubble ? Fiat is Bubble starting from 1976 if i am not wrong fiat is not insured by gold so its just printed by Goverments who knows how much USD is printed?
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Pinoyfan
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June 05, 2018, 07:01:09 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 gagree on this cause until now bitcoin is live so how you say that bitcoin is a bubble afterall. Cause bitcoin is running for twenty years so why you have To do is the best . Bitcoin is bitcoin nothing more nothing less. I think that the best future of bitcoin is will be dont in the future soon. Increasing people that know bitcoin is increasingly its value too |
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Hellokitty09
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June 06, 2018, 09:49:44 PM |
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Bitcoin is not a bubble.... We are very close to the stability of bitcoin price.....
Bitcoin is not really a bubble however it's price can be subject to form bubbles but that is not really the fault of bitcoin, what happens is that people begin to see the price rise in and then they begin to invest heavily in bitcoin thinking the price is going to keep going up and this artificially pumps the price even further creating a bubble and then a crash, but we cannot say that is bitcoin fault at all. |
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Chrisjay29
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June 07, 2018, 02:39:30 AM |
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For me bitcoin is a buble currency its because there are news that sime of the supply of bitcoin is missing the other is on circulation and other is on satoshi. Thats why if it will continue missing some supply there probably that bitcoin will pop like a bubble.
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vazarii
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June 07, 2018, 03:01:29 AM |
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A bubble cannot survive for this long. Bubble is based on no real value but blockchain and crypto solve real problems as they are being used as a payment medium.
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