Bitcoin bubble

[suraza21]

Bitcoins are not bubbles as some people often think bitcoins are like digital coins and are likened to gold even more than gold because of some of their properties such as swapping.

[Keyboard PC]

I think bitcoin is not just like a bubble but this bitcoin is more like a wave that moves up and down and you have to be able to use the movement to get profit and not to be affected by bad news and eventually sell your assets at a low price.

[TranTrongit]

Tulip bubbles can't be compared with bitcoin. Because bitcoin is created and supported by the technology of the future. It's blockchain technology and it's slowly changing the whole world. The current bitcoin has also been accepted by many countries as payment method. Bitcoin is not a bubble, and bitcoin will be a global payment method in the future

[Mhd-Bobbi]

Tulip was a whole different scenario and I don't think we should even compare Bitcoins with that ..
You know there are a lot of People supporting Bitcoins ... So many on the forum itself ! And that's really amazing to see how people are supporting Bitcoins even when it's down ...
It's not something like tulip.. it has brought together many people from around the world and I think .. it has stronger chances of surviving through every odds.

Yes, in different scenarios many people support bitcoin, they hope prices will continue to rise, but many are crazy when prices fall, because they feel a lot of loss. It's difficult to predict the situation with the current situation.

[liseff3]

Bitcoin a currency or investment asset whose value is very speculative just like other assets for example gold means it will not bring in income. You have to sell it to realize any value, such as eGold and other currencies, bitcoin can be transferred peer-to-peer. For me, it's not a bubble. So all of that is a clear signal, that those who feel professional don't believe in the great promises of crypto enthusiasts. If not mistaken the person who first said 'bitcoin is a bubble' is Warren Buffet.

[Coral27]

I think bitcoin is not just like a bubble but this bitcoin is more like a wave that moves up and down and you have to be able to use the movement to get profit and not to be affected by bad news and eventually sell your assets at a low price.

Yes you are right it is not bubble to end up once but it is way of getting income, price of bitcoin use to increase and decrease like waves moves, sometime it rises and sometime it get lower but no situation remains for long or for life time, if today price is down so surely tomorrow it will be higher, so wait patiently let it be high instead of getting upset saying it a bubble.

[bananaunana]

Bitcoin is already too implemented to get lost. We all know the people calling Bitcoin a bubble because they fear it to lose power they have now. They will use everything possible to keep Bitcoin down and secure their own position.

[jcarlo]

Off course bitcoin different with tulip buble. Tulip always can produced but not with bitcoin. Bitcoin is technology and its limited supply. Most peoples saying bitcoin is a buble because they wish buying bitcoin at low price and they trying to make a FUD

[V1saya]

I really don't see Bitcoin as just a bubble. Come on. Look at its blockchain. Also Bitcoin is already accepted by many stores and services world wide and it continues to grow. People gonna be jealous soon once it reaches $100,000 soon.

[ronics]

A bitcoin bubble is actually talked about all the time almost years ago and yet people still want to claim it. I think the fall of today's price as a result of the fall of a crytpo today, that people are struck with no proper knowledge, and especially in things all over the world. Well, I've experienced this thing before and I know bitcoin will come out higher and better someday. we just wait patiently for it.

[weeks65]

Most people's post-bubble belief is that Internet stocks are stupid and worthless. Just as many scholars now look at bitcoin.

Most people listen to other people's attacks and choose to ignore them instead of digging deep into the amazon story.

This is a mistake of lazy thinking.

So when you see the same thing happening in bitcoin, you can try to do something different with most people.

Ask yourself: "why is the market still buying assets that claim to be worthless?"

"Is the bitcoin bubble the same as the tulip bubble?

You will eventually find that the real value of the asset, after the bubble, returns to the value of the asset itself.

And the next wave is coming back, reaching new heights.

How do you see the fall?

I think the bitcoin bubble is very clear, you can see that the bitcoin price has risen upright since late 2017 and has reached $ 20000 but the day after that we have seen a very strong fall in bitcoin prices. fell to $ 5800 (down more than 70% of its value). So I think that at this point you should only invest in short bitcoin.

[Sled]

Most people's post-bubble belief is that Internet stocks are stupid and worthless. Just as many scholars now look at bitcoin.

Most people listen to other people's attacks and choose to ignore them instead of digging deep into the amazon story.

This is a mistake of lazy thinking.

So when you see the same thing happening in bitcoin, you can try to do something different with most people.

Ask yourself: "why is the market still buying assets that claim to be worthless?"

"Is the bitcoin bubble the same as the tulip bubble?

You will eventually find that the real value of the asset, after the bubble, returns to the value of the asset itself.

And the next wave is coming back, reaching new heights.

How do you see the fall?

I think the bitcoin bubble is very clear, you can see that the bitcoin price has risen upright since late 2017 and has reached $ 20000 but the day after that we have seen a very strong fall in bitcoin prices. fell to $ 5800 (down more than 70% of its value). So I think that at this point you should only invest in short bitcoin.

It depends on your entry if you are trying to find out if you are going to short or long term investment in bitcoin because if you are going to buy bitcoin in the middle of the hype or during the hype then you should be set for a short term investment while if you bought bitcoin at the bottom then you can hold for long term and both of those two strategies can give you profit.

[Kakawate]

In  my opinion, this fall is due to the great return or gain that investors had withdrew, the amount of bitcoin just got too high that most of its investors got what they want and traded their bitcoin back to fiat, this way, they earned lots of money and that made a huge fall in the cryptomarket, leaving some investors and most specially start up investors having a huge loss. I hope bitcoin could gain value again, that way, the whole crypto community will gain value again, leading to the advancement of the cryptoworld.

[UchihaRukawa]

I guess the bitcoin bubble have its point, look at what happened to the price of bitcoin, not just bitcoin but the whole cryptocurrency, they all went skyrocketing, value become higher and higher, it got bigger and bigger just like a bubble, and when it got too big, it just popped, and now, yes these coins still have value but most of them just went from the sky straight to the ground, if that is not called a bubble, then I dont know what to call it.

[lingwistiko]

Some people had somehow make believed that bitcoin is indeed a bubble as bitcoin has fallen down more than half of its all time high last year. It also make other people lose interest in bitcoin most especially that bitcoin has really a rough time for almost 3 quarters of the year already.

[rose9696]

After a Dot-com explosion, Crypto will definitely recover. I think the time to recover is long and I think it will fluctuate for about 3 years. That is the most practical time. In the next 2 years, invest in Crypto to get big profits.

[Brunusmagnus]

Bitcoin has a strange destiny: when it loses its value, it is "dead". When it grows, it is a "bubble".
In fact, he was given for dead at least a dozen times, and every time he rose stronger than before.
I say that he can do it again ...

[ganlianshifu1]

Bitcoin is an electronic cryptocurrency that is decentralized, globally versatile, and requires no third-party agencies or individuals, based on blockchain as a payment technology.
In the past ten years, BTC has proved its value, BTC is not a bubble, it is a new value investment!

[Caubethamaner]

This bitcoins isn’t a bubble rather if you want to talk about bubbles, go for ICOs. They are just made on basis of nothing and then used on basis of nothing and then amazingly seized to death for nothing. They have drowned hundreds and thousands of opal and still they are up in the market.

[andriarto]

Bitcoin is an electronic cryptocurrency that is decentralized, globally versatile, and requires no third-party agencies or individuals, based on blockchain as a payment technology.
In the past ten years, BTC has proved its value, BTC is not a bubble, it is a new value investment!

besides that bitcoin is an innovation in modern world as it is today. and reasonable if the pros and cons. i think it's just a matter of time for all governments to accept it, with a future like that i don't think there will be a bubble