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Author Topic: What happen to Bitcoin? Bubble or Not?  (Read 238 times)
rencong bitcoin
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April 18, 2018, 12:15:57 PM
 #41

I think, the price will not go down forever, but it will go back up in time, I believe that the fall in prices will be an opportunity for buyers.

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April 18, 2018, 12:19:39 PM
 #42

I think, the price will not go down forever, but it will go back up in time, I believe that the fall in prices will be an opportunity for buyers.
On what basis do you believe that the price will only go up? Is there anything to back this up or is it just a hunch?
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April 18, 2018, 11:41:01 PM
 #43

I think, the price will not go down forever, but it will go back up in time, I believe that the fall in prices will be an opportunity for buyers.
On what basis do you believe that the price will only go up? Is there anything to back this up or is it just a hunch?
I would believe the same that the price will go back (rise) up slowly in time
nothing to back it up but if you look the chart, it's currently forming an upward gradual slope
next price level resistance is around $9k, if it passes it will rise steadily if no FUD around

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April 18, 2018, 11:46:45 PM
 #44

A bubble is when the price of an asset does not depend on its "main factors" - investors value the asset to determine its value. It can be money that is transformed from stocks in the future, the company's cash flow, the state of the country's economy or even the rent for the property. But bitcoin does not calculate profits (from shares) or rent (from real estate) and is not tied to the national economy. This is one of the reasons why it is difficult to say about its value.
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April 18, 2018, 11:46:48 PM
 #45

Bitcoin will not experience bubble events. Unless the marketcap cryptocurrency is already worth 0. So Bitcoin and other coins will still dominate the crypto market in the future. And price is not everything.

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pocket_lck
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April 18, 2018, 11:47:37 PM
 #46

Bitcoin is a bubble and can rise up suddenly, and the news of workers produced by the government or influential people or the media is very influential on bitcoin prices.
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April 19, 2018, 06:24:36 AM
 #47

Bitcoin is not a bubble, it just normal for bitcoin price to falling in a significant amount.
you can look at the last year price too, it was often to falling and increasing in a large amount.

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April 19, 2018, 09:47:43 AM
 #48

I think, the price will not go down forever, but it will go back up in time, I believe that the fall in prices will be an opportunity for buyers.
On what basis do you believe that the price will only go up? Is there anything to back this up or is it just a hunch?
I would believe the same that the price will go back (rise) up slowly in time
nothing to back it up but if you look the chart, it's currently forming an upward gradual slope
next price level resistance is around $9k, if it passes it will rise steadily if no FUD around

And it's impossible that there won't be any fuds that'll come btc's way. It's a bubble that has popped several times already but has kept pumping itself back. I'm not afraid of this bubble popping since it's part of btc's cycle for me

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April 19, 2018, 10:59:40 AM
 #49

those who claim that bitcoin is a bubble, they absolutely do not understand this.I'm sure if bitcoin ever goes away, it's not because it's a bubble.
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April 19, 2018, 11:08:19 AM
 #50

I think it's a bubble and it burst so the price went down deep. Imagine from $15k to $11k then right now to $8k. This is so devastating because it went down but this time, right now, is the opportunity for those who wanted to invest to bitcoin because of the current price which is $8k and with something of this price it's not that bad you'll get more than what you invested. You have to wait for the price to go up though, it's going to take months or even years but it's gonna be worth it once you reach the profit you want.

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April 19, 2018, 11:10:37 AM
 #51

For me to explain why I think Bitcoin is in a bubble, let’s quickly define what a bubble is so you can understand. An economic bubble is defined as when an

asset at a price or price range that strongly exceeds the asset's intrinsic value. Bubbles occur pretty frequently in markets; they’ve happened many times in

the past and they’ll happen many times again in the future. You might think that we would all learn from the mistakes of the past but people never do and

they never will because bubbles form as a result of human nature.
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April 19, 2018, 12:26:53 PM
 #52

I have never considered bitcoin a bubble and will not count so.obviously it sounds incredibly strange and very silly from the outside

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April 19, 2018, 12:30:23 PM
 #53

Bitcoin price always have high fluctuation. If you remember, bitcoin once fall from $2000 to $200 if i am not mistake thats happen around 2015. If you think bitcoin buble why soros, rockefeller and rothschild start to invest on cryptomarket.

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April 19, 2018, 12:45:05 PM
 #54

Bitcoin will always jump from top to bottom and it's a good chance to earn money or to lose some of them Smiley But for sure it will not devaluate to zero. Some counties are thinking about using of it in their reserve funds...
More and more companies accept during payments..
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April 19, 2018, 12:58:46 PM
 #55

Bitcoin is definitely not a bubble, as there is already regulation by its other states and all the preparatory processes for its legalization
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April 19, 2018, 03:27:46 PM
 #56

I am sure that bitcoin is not a bubble because a bubble is not lasting for long. If bitcoin was a bubble, it would burst in a short time.
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April 19, 2018, 04:01:57 PM
 #57

I think, the price will not go down forever, but it will go back up in time, I believe that the fall in prices will be an opportunity for buyers.

When are we going down? I see us going up since we've touched 6000 USD. Next there was a fast climb that broke, but the correction was much smaller and took us only to 6400 USD, which is bullish. Now all we need is to get to 8500 to confirm this new uptrend and we're fine. BTW, I don't know if you've noticed but we've broken through the descending trendline on the 1d chart, which is huge.

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April 23, 2018, 05:00:19 AM
 #58

Bitcoin stabilized after staggering 8,000 US dollars, Bitcoin volatility is not suitable for low-risk investors.
Since April, prices have fluctuate in the first 10 days. The highest intraday price was at $8,500 on April 4. The lowest price on that day was $7,500. The amplitude was 12.21% on the same day. The intraday low price was $7,150 on April 1. The highest price on the day was $7,999. The day's amplitude was 11.07. %. The April 12 market saw the largest amplitude in the near term – the highest price of Bitcoin was $8807.2 and the lowest was $733.18 with an amplitude of 19.54%.
On Tuesday, bitcoin prices suddenly dipped and fell more than $200 in less than 20 minutes, falling below the $8,000 mark. Some analysts believe that this flashback originated from the investigation of 13 large-scale digital currency exchanges initiated by the Attorney General Eric Schneiderman of New York State, in an effort to increase the transparency of these exchanges and protect the interests of investors in the state.
Robert Schiller recently accepted an interview with CNBC's Trading Nation column and published his opinion on Bitcoin (BTC). He believes that Bitcoin may be a bubble, but that does not mean that it will burst or disappear forever.
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April 23, 2018, 12:00:35 PM
 #59

I think, the price will not go down forever, but it will go back up in time, I believe that the fall in prices will be an opportunity for buyers.

When are we going down? I see us going up since we've touched 6000 USD. Next there was a fast climb that broke, but the correction was much smaller and took us only to 6400 USD, which is bullish. Now all we need is to get to 8500 to confirm this new uptrend and we're fine. BTW, I don't know if you've noticed but we've broken through the descending trendline on the 1d chart, which is huge.
The price is going up now and it looks like it will still continue to go up.  We are waiting for that price to be reached so we can totally say that bitcoin price is recovering.  The price may have been on dumped for a long time but atleast it is showing signs and hope of recovery. 

Honestly,  what I am really afraid now is that bitcoin could also easily dump despite its fast recovery. Bubble or not we don't know about it yet but I consider not trusting the increase because volatility could easily turn things upside down.

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April 23, 2018, 12:28:22 PM
 #60

I am sure that bitcoin is not a bubble because a bubble is not lasting for long. If bitcoin was a bubble, it would burst in a short time.

Oh bubbles can last very long! Have a look at the stock markets!
Highly inflated due to very cheap money which flooded the market all over the years.
Even Bitcoin as a bubble could last several years. But I don't see Bitcoin being in a bubble although many may call it like that.To me it's just wild and crazy growth of a pretty young technology and platform with regular price exaggerations and corrections due to long term price discovery.
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