PacePay
|
|
June 15, 2018, 11:20:00 PM |
|
No I do not think that bitcoin is a bubble in the human history. I am thinking bitcoin as a currency and for the investors it is an asset and because of them the price of it is increasing and decreasing and it happens in any asset when the traders start to trade with that asset so we have not to worry about the price of bitcoin. It will go up and down and in the long term it will go upward.
|
|
|
|
Victorycoin
|
|
June 15, 2018, 11:51:37 PM |
|
No I do not think that bitcoin is a bubble in the human history. I am thinking bitcoin as a currency and for the investors it is an asset and because of them the price of it is increasing and decreasing and it happens in any asset when the traders start to trade with that asset so we have not to worry about the price of bitcoin. It will go up and down and in the long term it will go upward.
Bitcoin have proven to be the answer to most questions people have had about their finances, that's where the bedrock of the demand and and adoption emanates from. For anyone that knows the history of Bitcoin, calling it a bubble I guess would be the last thing he would ever have it call.
|
|
|
|
wtbhitlv
Newbie
Offline
Activity: 178
Merit: 0
|
|
June 21, 2018, 01:19:18 PM |
|
What investment commodities do not have bubbles, and the dollar is not a bubble? The house is not a bubble? The stock is not a bubble? It's ridiculous to think about bitcoin
|
|
|
|
jamesashmore1964
Jr. Member
Offline
Activity: 336
Merit: 3
|
|
June 21, 2018, 03:39:28 PM |
|
Mainstream think it is and that is why the market is in a sorry state!
|
|
|
|
smajler
Member
Offline
Activity: 125
Merit: 14
|
|
June 21, 2018, 03:42:15 PM |
|
Bitcoin bubble I dont think so.. This is great movement and I think it will be worth more. Someday it will be priceless.
|
|
|
|
jamesashmore1964
Jr. Member
Offline
Activity: 336
Merit: 3
|
|
June 24, 2018, 05:45:40 AM |
|
It appears so at the moment
|
|
|
|
airdnasxela
|
|
June 24, 2018, 05:55:05 AM |
|
The market is finally showing some weakness after a wild post-election stock market run-up, and it's taking Bitcoin with it. At least so far.
Three years ago, Bitcoin was under $400, a price I thought was too high even then. As far as I'm concerned, Bitcoin has no intrinsic value and should be worth nothing. So why does anyone think it's worth thousands (and in some cases, millions) of dollars? It's the theory of false scarcity. There are a limited number of bitcoins in the world and the usage of blockchain technology has assigned the ownership of each coin to specific wallets owned by individuals. So to take "ownership," I have to use the universal blockchain mechanism, accepted by all as valid, to transfer a coin.
Yes, you are right on the part that bitcoin has no intrinsic value or it does not really have a based value. All of us here also experienced that, we do not really expect that bitcoin will grow like what it have accomplished these days. But I don't think it is a bubble. It is real and is use an asset or rather, a currency. Bitcoin will be growing and wouldn't end up dump and pump coin, it only need time to increase its price or value again.
|
|
|
|
Barcode_
Staff
Hero Member
Offline
Activity: 3108
Merit: 570
Join the world-leading crypto sportsbook NOW!
|
|
June 24, 2018, 05:57:08 AM |
|
There are some people who are spreading FUD about bitcoin online, and I think some investors who does not have much knowledge about crypto-currencies just got worried after sawing those negative news and resulted in them selling away their bitcoins at a bad rate, that might be one of the reason that caused the values of bitcoin dropping.
|
|
|
|
zuninholo
Newbie
Offline
Activity: 80
Merit: 0
|
|
June 26, 2018, 04:37:30 AM |
|
Bitcoin is the biggest bubble of history that you know about, so remember it is what you create, it will be profitable if the bubble grows bigger and bigger.
|
|
|
|
bitcampaign
Sr. Member
Offline
Activity: 1876
Merit: 268
Vave.com - Crypto Casino
|
|
June 26, 2018, 04:42:32 AM |
|
please come back in a few years if you see the price of bitcoin back up high, i will come back on this thread to tell you what you say is very wrong, bitcoin has value only it all takes time not so fast but sure will go to the moon where you can not have it
|
|
|
|
jamesashmore1964
Jr. Member
Offline
Activity: 336
Merit: 3
|
|
June 26, 2018, 03:47:03 PM |
|
It is not a bubble it is a currency that can be used to purchase products. THe USD is a bubble not bitcoin!
|
|
|
|
feverpitch
|
|
July 03, 2018, 12:19:17 PM |
|
I agree that this is not the case, as it is a precise example of evolution and technology implementation. People work, earn and live on the market. Maybe it will be closed all the time, but it already has a lot of time. Worth thinking about such news.
|
|
|
|
avoxosuccesful
Jr. Member
Offline
Activity: 252
Merit: 3
|
|
July 03, 2018, 11:44:33 PM |
|
i'lld say i surmise that bitcoin is a rise in the mankind's history. I am thinking bitcoin as a cash and for the financial specialists it is an advantage and due to them its cost is expanding and diminishing and it occurs in any benefit when the dealers begin to exchange with that advantage so we have not to stress over the cost of bitcoin. It will go here and there and in the long haul it will go upward.
|
|
|
|
njnvvmjp
Newbie
Offline
Activity: 100
Merit: 0
|
|
July 04, 2018, 03:20:53 PM |
|
There is indeed a bubble, and the current encryption market is speculative. This is the root of the bubble.
|
|
|
|
minasantos
Newbie
Offline
Activity: 21
Merit: 0
|
|
July 04, 2018, 04:35:44 PM |
|
All valuable things have bubbles, cash, gold and stocks are bubbles. This way, we can understand bitcoin very well.
|
|
|
|
Zaibraid
|
|
July 04, 2018, 04:51:30 PM |
|
I think that bitcoin is the greatest bubble phenomenon in history since I was born, since the 1990s. If I say that bitcoin is the biggest bubble in human history then I do not know what happened before the 1990s. I used to hear the phenomenon of certain flower bubbles in my country. Many people look for these flowers at cheap prices to sell at high prices. The flower that became famous at the time was frangipani and the wave of love. The price of the interest increases from time to time. But, it did not last long, eventually the bubble burst and now the flowers have no meaningful value. I think that bitcoin like this phenomenon. It's just a bitcoin phenomenon already on a large scale. I'm afraid if this bitcoin bubble burst because I will lose the opportunity to get big profits.
|
|
|
|
Tan_avia)vl.
Member
Offline
Activity: 210
Merit: 10
https://eloncity.io/
|
|
July 04, 2018, 05:23:10 PM |
|
It is interesting to know, how do you know so much about Bitcoin, its history, development, if you think it's a bubble? It's illogical, right? Or have you lost faith and want someone to convince you of the seriousness of Bitcoin?
|
|
|
|
Silenox
|
|
July 04, 2018, 05:30:15 PM |
|
Derivatives are empirically the biggest bubble in human history. "an arrangement or product (such as a future, option, or warrant) whose value derives from and is dependent on the value of an underlying asset, such as a commodity, currency, or security."
They have no intrinsic value and are purely speculative. There is no other function or purpose. Yet banks, hedge funds and retail investors can all make bets on assets they don't even own in an attempt to turn a profit. Pure, unbridled gambling. As a bonus, it has a strong tendency to sway the prices of many of the underlying goods people actually need to buy, which ends up costing you, the consumer, money. And best of all, it continues to spiral into a debt that can never be paid off, since the "market value" (although it has no actual value) of this magical casino is now in excess of all the "money" (which isn't exactly real either) on the face of the planet and continues to grow larger by the second. In the time it has taken me to write this post, it's fair to assume another few million dollars worth of completely non-existent "arrangements" have been created out of thin air.
Bitcoin is remarkably sane and rational by comparison. But the media will never tell you that.
Fantastic Comment. That is exactly it, the media will never admit it, since the one who commands the game is exactly who pays the advertisements. Join the derivatives market, fractional reserves and public debt and the image the apocalyptic bubble will appear.
|
|
|
|
GeorgiyBilyk
Member
Offline
Activity: 378
Merit: 10
|
|
July 04, 2018, 05:45:54 PM |
|
those people who say that bitcoin is a bubble! then these people do not understand what a crypto market is, these people are the majority of people who get information from the TV! I'm sure that the crypto market has already changed the world economy and will change it even more! bitcoin and the whole system of the crypto market has outstripped traditional types of investment! the cost of bitcoin reached 20,000, and this price grew only in 8 years! The system of the crypto market has allowed the emergence of new companies! bitcoin has become a very strong competitor in the payment system! and more and more people are opening their doors to bitcoin!
|
|
|
|
alexgreen8012
Newbie
Offline
Activity: 98
Merit: 0
|
|
July 04, 2018, 08:40:42 PM |
|
No, it is not. The dot com bubble was at 28k bn dollars at its peak compared to 280 bn dollar crypto right now.
|
|
|
|
|