What happen to Bitcoin? Bubble or Not?

[Astermony]

The bitcoin and crypto world is no bubble. It takes more than just saying or speculating or even providing a few shallow points to say or assert that the crypto is a bubble. A bubble is a scam and it results in loss of lives and business. The bitcoin venture and the crypto world is not so.

Yes, that's right. If bitcoin and crypto is a bubble then no one will spend their time and effort to work for it, but as I observe many people are putting trust to it giving their time. So for me bitcoin and crypto is not bubble. It helps you in your financial. 

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[asyakashi]

The bitcoin and crypto world is no bubble. It takes more than just saying or speculating or even providing a few shallow points to say or assert that the crypto is a bubble. A bubble is a scam and it results in loss of lives and business. The bitcoin venture and the crypto world is not so.

Yes, that's right. If bitcoin and crypto is a bubble then no one will spend their time and effort to work for it, but as I observe many people are putting trust to it giving their time. So for me bitcoin and crypto is not bubble. It helps you in your financial. 

Many people try to bury bitcoin, making it seem worthless.
yes they play cheat like fud done by china and jp morgan, they get a big advantage of the panic they make.
sounds crazy, bubbles only for those who doubt. better go away from crypto and stop saying bad things.

[AndrewBrown]

Classic  bubble and just like a bubble would, it burst. This does not affect the strength of bitcoin though, Bitcoin is recovering steadily and it will continue to do so. I just hope people would not panic so much when a dip happens.

[BitcoinHodler]

for some reason which i will never understand, some people will always call bitcoin a "bubble" no matter what happens with it. my best guess is that they always want to see bitcoin at a lower price as long as they are buying more of it so they try to convince everyone else not to buy. they know the smart money don't listen to them they just want to convince the masses for the time being while they accumulate!

[Gamix]

I certainly think bitcoin is a bubble that will have an end. Maybe that`s just me, but I don`t see the sustainability of bitcoin.

[bob3772]

I think the google ban is being used as part of the existing FUD around Mt. Gox.

I believe so, it could be the Mt Gox talks + Google bans that caused people anxiety and slowly sell their holdings
and that was spread by a handful of people so that they can buy bitcoin with cheaper price

I do think we'll hit a bottom soon because there doesn't seem to have been significant enough news to cause this large dump.

I don't understand this part.
Why would there be a dump if there is no significant news? unless I misunderstood that sentence
IMO having no news on bitcoin would only make bitcoin price to stabilize, not dump or pump

My thinking for the second part kind of ties in to your reasoning for the first part. Bad news is spread and blown out of proportion and the FUD then allows people to manipulate the market for their own gain. Therefore my point was that I don't think the news is significant enough to subdue the market long term, just enough for it to be used for manipulation.

[crystalworld]

Bitcoin is a bubble, but the technology behind it could transform the world. Bitcoin remains the king of digital currencies. And the world has gone global with currencies.

[p i e c e]

I am so worried about the price of Bitcoin now. After climbing a bit up to $11000+ start of this week it drop rapidly now to $8000+ and maybe will still go down or drop more. Is this the bubble? But I hope not. That price climb for the previous days still not enough for what I expected. Very surprising price change.

What do you think will the price of Bitcoin this March? Will it go down more below $5000? Or this is just a buying opportunity? If someone have the idea what affect the price of bitcoin. Kindly drop it here.
Or is this what makes the price to go low. Panic selling of a company of about $400 Mln worth of Bitcoin.
Source: https://cointelegraph.com/news/bitcoin-price-hit-2018-lows-because-of-400-mln-mtgox-sell-off-reports

Please, stop this panic - you just do the worst things for yourself. Nervous people often make mistakes. Just be more patient to wait for the BTC growth.

[OuterTech]

If you look closely at cryptocurrencies, you can see that Bitcoin's exchange rate is mostly dependent on investor sentiment. If they come in contact with too much negative news about BTC, they will surely have the psychological desire to sell to exit the market to avoid risk, bubbles. If Bitcoin faces a lot of negative news, it will lead to a drop in exchange rates, which is a normal thing in this potentially cryptocurrencies market.

[laptev001]

Bitcoin нe дaют cпeкyлянты нaбpaть oбopoтoв , этo зaймeт oчeнь мнoгo вpeмeни.

[Zandar]

Looks like the wallstreet guys are busy again and got the bitcoin to decline. As soon as they'll finish their future btc contracts, it will rise again. But since they have started to hold those BTC future contracts, they have been manipulating the prize of BTC big time. This has been going on since december and it practicly derailed the entire crypto market.

[tabas]

I am so worried about the price of Bitcoin now.

Your account was created last year 2017 before bitcoin hits $5,000. Are you worried before that the price will reach high's?

After climbing a bit up to $11000+ start of this week it drop rapidly now to $8000+ and maybe will still go down or drop more. Is this the bubble? But I hope not. That price climb for the previous days still not enough for what I expected. Very surprising price change.

Stop being greedy and stop asking if bitcoin is a bubble. Bitcoin has never been a bubble so even you are hoping it's not, the idea that comes to your mind is making you think that bitcoin is a bubble.

[ylnar123]

I am so worried about the price of Bitcoin now. After climbing a bit up to $11000+ start of this week it drop rapidly now to $8000+ and maybe will still go down or drop more. Is this the bubble? But I hope not. That price climb for the previous days still not enough for what I expected. Very surprising price change.



What do you think will the price of Bitcoin this March? Will it go down more below $5000? Or this is just a buying opportunity? If someone have the idea what affect the price of bitcoin. Kindly drop it here.

Or is this what makes the price to go low. Panic selling of a company of about $400 Mln worth of Bitcoin.
Source: https://cointelegraph.com/news/bitcoin-price-hit-2018-lows-because-of-400-mln-mtgox-sell-off-reports

If it was a bubble the it would have been gone since the big drop from the start of this year. So I would likely to say that Bitcoin is not a bubble and would possibly rise back up sooner or later this year.

[ambisyon]

I consider bitcoin as a true cryptocurrency and not a bubble probably because it has been evolving for many years and yet bitcoin is still continuing to survive. Fluctuation in price would have been just normal since bitcoin is volatile in nature and no need to worry much since the price may soon again will make a bullish run in the coming months.

[Bitfling]

I dont believe that bitcoin is buble. If we think because the price of bitcoin down right now, or market down, we should look on dow jones index or stocks index, because dow jones drop more than crypto market. I am believe cryptocurrency market this will recover and rising again

[mkhjhv]

Instead, I think that it is not a bubble now. This price is an overreaction of Bitcoin. Bitcoin will definitely fall back because of the previous $15,000 soaring, but it has fallen too quickly, causing people to panic, so prices have continued to fall and the market has been adjusting prices.

[not-a-bot]

Bitcoin is a payment tool. Yes it's a bit pumped with speculative capital. But it's total capitalisation is the best evidence that people trust it.
Let's take American Dollar for example. Ask yourself how it's possible to have $20 000 000 000 000 of sovereign debt and such stable USD rate? The answer is the same - people trust it.
So Bitcoin is not a buble, because there is no sovereign debt. USD is greates bubble ever, and bitcoin is a best way to keep your money if USD crashes.

[BitcoinCommodor]

If you look closely at cryptocurrencies, you can see that Bitcoin's exchange rate is mostly dependent on investor sentiment. If they come in contact with too much negative news about BTC, they will surely have the psychological desire to sell to exit the market to avoid risk, bubbles. If Bitcoin faces a lot of negative news, it will lead to a drop in exchange rates, which is a normal thing in this potentially cryptocurrencies market.

There is no such reason to justify this thing that bitcoin is a bubble. You can only term bitcoin as bubble when it goes down completely after getting to its peak. We have seen the occasions when bitcoin has managed to recover back after having a downfall and this is the only thing which helps the investors in believing this bitcoin as they know that bitcoin will go up even if it is low for certain time.

[bishnoi]

from last year bitcoin is becoming double day by day it is time to invest in bitcoin and become rich and popular and u can solve every financial problem of your life and your all dreams will be full filled

[weertgilders]

Bitcoin during the last bull market had all the characteristics of a bubble which is why a lot of people referred to it as such but with the drop in price after the coin did not totally crash and is still worth a lot of money so it defeats the point of being a bubble.