Xising
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June 23, 2018, 06:18:14 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. Although many say that Bitcoin is a bubble because of the movement it shows, seemingly on a regular basis, I still would say that it's not a bubble because it has maintained and kept a good and high enough price point that is not decreasing on such a sharp manner. Although it is try true that its price changes so intermittently, going up and down at any point. It is still safe to say that Bitcoin is not a bubble because of its continuous presence for the past several years and the continued gain in value.
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fishball
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June 24, 2018, 04:58:59 AM |
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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!!
Bitcoin will never ever turn into a bubble like how come it would happen if bitcoin today is still consistent though there are price changes still it won't make bitcoin to disappear.
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Vannie12
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June 24, 2018, 06:43:24 AM |
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This is a classic topic. The word bubble is already a discussion years a go and still trending because bitcoins and other cryptocurrenciies are naturally volatile. Every time prices or value goes downtrend, they all speak bubbles and bubbles bursting. I am kinda tired of hearing such discussion because there is no sense anymore. Bitcoin burst means it will go flat zero which I do not I agree in. It is impossible.
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PIR
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June 24, 2018, 07:21:03 AM |
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Because of recent price falling in the market and and bitcoin different speculation and comment that people heard, they come up an idea that maybe bitcoin is a bubble and that everything is just a word and nothing really is true about bitcoin, its profit and investment and all that.. but those who experienced it proved what bitcoin really is that t is not a bubble but real cyrpto currency.
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xbl1008
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June 24, 2018, 07:34:41 AM |
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I think they are just really scared to lose their money because of the big incident this past years that a similar price movements which are resulted to a bubble and lose its price rather value, so stock critics and other financial persona are really afraid that this might be repeated again in bitcoin we could not really blamed them warning people for the potential risk that might happen.
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ngano ba
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June 24, 2018, 07:41:59 AM |
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I think they are just really scared to lose their money because of the big incident this past years that a similar price movements which are resulted to a bubble and lose its price rather value, so stock critics and other financial persona are really afraid that this might be repeated again in bitcoin we could not really blamed them warning people for the potential risk that might happen.
I think bitcoin is not a bubble, he has not really managing her bitcoin, bitcoin nowadays is still popular but in investing you should be careful for the right time to work on your bitcoin so that it would not result to bubble, try to look for the time to buy in the coin market and the time to sell your coins , just manage your investment properly because this time there is tight business strategy of your bitcoin.
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MiukoOk
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June 24, 2018, 08:11:37 AM |
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Bitcoin is a hierarchical coding currency. The nature of Bitcoin is different from centralized money that is run by an organization, it is not a bubble as you think. are you kown
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susuberuang
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June 24, 2018, 08:29:20 AM |
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yes you are right I really agree with you, bitcoin is actually not like bitcoin bubbles more like waves whose movements are just up and down, if you say bubbles then the price when high then it will break and can not do recovery while bitcoin can do the recovery price.
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wolffy0216
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June 24, 2018, 09:07:16 AM |
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yes you are right I really agree with you, bitcoin is actually not like bitcoin bubbles more like waves whose movements are just up and down, if you say bubbles then the price when high then it will break and can not do recovery while bitcoin can do the recovery price.
Yeah, maybe what they meant is bitcoin price increase unexpected price then suddenly drops a lot. Let's still wait and we will see that bitcoin will recover again.
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veleten
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June 24, 2018, 10:28:12 AM |
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if you continue to repeat "not a bubble" long enough the price will eventually go back to 20.000$ probably not,since bitcoin and all the cryptocurrencies displaying a clear bubblelike behaviour the latest Tether debacle is used to explain or at least try to give a feaseable explanation as to why it is not a bubble but now we are headed all the way down to some 4-5k areas if nothing extraordinary happens aka some big players decide it is time to blow the bubble yet again and start buying
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Ranly123
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June 24, 2018, 10:35:27 AM |
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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!!
It is not, yet the volatility is high. Knowing that a volatile investment can easily be gone in just no time when no more people is going to patronize it. These is the reason why some economist say Bitcoin is a bubble.
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crazymelons12
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June 24, 2018, 10:36:00 AM |
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They can be right considering that the price sometimes is pumped up so fast and drops suddenly sometimes. The whole idea for this could be due to investors usage of bitcoin. Too many are just keeping their bitcoin in the blockchain awaiting for profit as the price go up but when it goes down this people suddenly changes their mind and sell it causing price to go down and while others are thinking it is going down they do the same creating somewhat like a chain of reaction to make a stop loss. Yet even with this sudden change of value I don't consider bitcoin as a bubble. Maybe it just because of the nature of humans to fear something uncomfortable that causes all these. A bubble maybe is one that explodes and is lost forever or in other word one the starts going strong and all of a sudden is lost forever because it really does not have any utility and is just a pumped up value.
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Baronggot
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June 24, 2018, 10:38:42 AM |
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Basically it's not a bubble because bitcoin's market value depends on the demand of the people. It just so happened that the demand of bitcoin went on a high rise last december and seeing it as it went down to 5,000$ mark as of this writing doesn't also mean that the bubble pops already. It's not the end of bitcoin yet, because i still believe in bitcoin's capability of rising back strong again.
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rickadone
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June 24, 2018, 03:36:06 PM |
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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.
Initially, some people said that bitcoin was created for use by terrorist organizations around the world. But I also believe that bitcoin was created to replace the Fiat money People would say anything just to justify their bullshit. It was said several times that nothing good will come out of bitcoin, it would only create more usefulness in the dark market, and at the end it would end up self-destructing. We are up and running with bitcoin evolving each and every day with adoption increasing gradually and governments not knowing what else to do than to just simply find a way to regulate it. Tulip was the definition of a bubble and that is not in any way close to what bitcoin is offering to the society at large.
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umbara ardian
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June 24, 2018, 04:08:16 PM |
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yes you are right bitcoin is not like bitcoin bubbles more like waves because bitcoin price has movement up and down so bitcoin more like wave not bubble. just calm the bitcoin price can do the recovery again.
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AntonGrishko
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June 24, 2018, 04:41:10 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. But you know they can crashed bitcoin but they can't kill it.
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upsidedown75
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June 24, 2018, 06:07:44 PM |
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Whatever they call it is their own business, I’ve made lots of money from Bitcoin so I don’t care what people call it. There are lots of people who are making money from Bitcoin, so all these economists can go ahead and say whatever they choose to say.
This is not the first time I’m hearing that Bitcoin is a bubble, I’ve heard it several times and it makes no changes at all, things will still be the same.
The reason why it makes no changes is because it is not a bubble, lol. Bitcoin is the first of all cryptocurrencies and the fact that we can use it as a peer to peer system of payment makes it have a value and it is not something that is just generated out of nothing as you need power to get that done through mining. All these things give bitcoin value and that is one thing a bubble does not have. We can enter a state of bubble which has happened several times to different asset but that does not make the asset itself a bubble.
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kb24mvp
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June 24, 2018, 07:22:09 PM |
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Bitcoin is not bubble. because bitcoin backed by blockchain technology. blockchain technology is very unique that is going to rule the future, investors that invest to bitcoin are actually investing to this unique technology.
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jjjrmy
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June 24, 2018, 07:36:26 PM |
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bitcoin is nt bubble bitcoin is an asset and can be called as currency as well but bitcoin is no way related to bubble kind of structure it is false statement on bitcoin
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gamalzour
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June 26, 2018, 07:46:15 AM |
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Bitcoin is a volatile currency which means their is up and downs in its price and when its price down then many investors loss their money and consider bitcoin is a bubble. But i think bitcoin is not bubble. Their is another reason present because of this many people consider it is a bubble. In the year of 2017 bitcoin price increase surprising like a bubble swell but in 2018 their is steadily fall in its price which makes its a bubble in front of many people. I think its price will be increase and it is not a bubble. No doubt the price of bitcoin is decreasing day by day and many people say that it is near to crash but I am sure that the future is that of cryptocurrency and bitcoin is the leading crypto in the world. It is not a bubble because blockchain will never promote a bubble in the world. We know that blockchain is new technology and in the future all the people will use it.
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