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Author Topic: Cryptocurrency is a bubble?  (Read 10210 times)
Vektrum
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April 21, 2018, 09:45:43 AM
 #261

In general, the crypto currency is not a financial bubble, because it is based on real blockchein technologies with real programs that give people financial freedom, many amenities and advantages over conventional money. However, in December last year, bitcoin really proved to be a bubble, rising to $ 20,000 without any real improvements in it, besides, with serious shortcomings that prevented its full use as a means of payment.
Robertqueen2
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April 21, 2018, 09:53:48 AM
 #262



Cryptocurrencies are not a bubble. We have heard the echo of such a term, bubble, many times in the recent couple of years. Arousing all attention to cryptocurrencies springs from the technology crypots use which, in turn, has modified entirely the economical and financial fields. That is why some banking-system-based enterprises and companies have tried to downgrade the importance of cryptos. However, although cryptos have some problems regarding their technology, they will evolve at the end.




bhunesh_crypto
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April 22, 2018, 09:35:50 AM
 #263

I think Cryptocurrency is not a bubble. because it is based on real blockchein technologies with real programs that give people financial freedom and many advantages. I am sure that there is a real project that will give something for the crypto worlds and they came to this industry to makes something new for the people.Gold is not a bubble. Gold is the real cryptocurrency in the world.
bjmpoker001
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April 22, 2018, 10:11:14 AM
 #264

Hello Wink. I want to hear your opinion. Cryptocurrency is a bubble? How long will it last? Is it worth continuing to invest in it?

i think it is not a bubble. if cryptocurrency was a bubble, then bitcoin is the longest bubble in the world.
because from 2009 to now, it has not burst yet. what i know about bubble is, it gonna burst soon when it already known by peoples that is a bubble.

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Lifestudent38
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April 23, 2018, 06:51:13 AM
 #265

Perhaps its a self fulfilling prophecy because the market is dictated by fear and greed.

Firstly greed leads to a condition of "bubble" as players flock to the market in chase of unrealistic returns and the flood of participants causes asset pricing to soar through the roof giving the earliest participants those returns.

This leads to second condition of fear as these participants have chased up asset prices causing more and more to fear the eventual downturn and they start withdrawing causing a drop in prices which sets a course of more fear leading to further selling pressures.


The worst is that the Market Makers know this and they use it against the market to reap in massive profits!!!!
Raggie
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April 23, 2018, 07:54:00 AM
 #266

Hello Wink. I want to hear your opinion. Cryptocurrency is a bubble? How long will it last? Is it worth continuing to invest in it?

i guess cryptocurrency is not a bubble. if it was a bubble, it wouldn't come back to the highest price.
but look at bitcoin for example, last past years value has been surpassed for now.
wpalczynski
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April 23, 2018, 07:56:28 AM
 #267

No it definitely isn't, otherwise it wouldn't have been able to recover so well from various big dumps.
It's just very volatile because heavily manipulated.

People who haven't invested in crypto like to call it a bubble because it makes them feel better about not being part of this and missing out on big profits.

bisdak40
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April 23, 2018, 07:57:38 AM
 #268

Hello Wink. I want to hear your opinion. Cryptocurrency is a bubble? How long will it last? Is it worth continuing to invest in it?
This question of whether cryptocurrency is a bubble is been there years ago. Many people doubted the existence of cryptocurrency but as you can see now, it is still very alive and giving everybody a chance to level up their living condition.

plaintiff77
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April 23, 2018, 07:59:12 AM
 #269

If you are careless then crypto for you is like a bubble because you will lose a huge amount of money.But if you are knowledgeable enough about crypto then it is not bubble because only those who dont know how to earn it will say its bubble but to thoe people who really know crypto it is not bubble.
VenturaBro
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April 23, 2018, 08:02:39 AM
 #270

WWW/Amazon were also considered a bubble, look at them now. Grin

It's also worth mentioning that crypto is still in its early stages, would love to see the industry take off.
arunakiran
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April 23, 2018, 08:07:51 AM
 #271

In every market bubble stage will be there to correct the market growth. Obviously in crypto market also crossed many bubble stages previously. It is for good growth and for investment.
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April 23, 2018, 08:12:33 AM
 #272

The value of cryptocurrency is supported solely by people's belief in its value. As soon as the demand for cryptocurrency disappears, its value will disappear. At the moment I believe that the cryptocurrency is at the initial stage of development. I think that people's faith in it will continue to grow.
Minor Miner
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April 23, 2018, 07:28:06 PM
 #273

I would like people to trust crypto more. I think that this would reduce such issues. People should understand that crypto is not a bubble, not a financial pyramid. I'm sorry that only a few people trust crypto now for real.

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April 23, 2018, 07:32:34 PM
 #274

90% of coins are in a bubble

Get used to it.
terible.hunter
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April 23, 2018, 07:36:07 PM
 #275

How many people who said so and after all are very great and respected traders and people, I think that they can only be compared now with an empty sound, is it so easy for them to talk about this? Why do they specifically fog the brains of normal people?

Lontongmie
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April 23, 2018, 08:17:56 PM
 #276

I think that cryptoccurency is definitely not a bubble because a plenty of projects based on cryptocurrency has already been successfully implemented.

poornamelessme
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April 23, 2018, 08:25:58 PM
 #277

Whether in a bubble or not, not entirely sure it matters. There is no way to know when any bubble will pop... could be years from now, or tomorrow. Best way to approach it in my opinion is to just invest what you are okay losing. If it pops, it pops... if not, you may end up being rich.
Clavulanic
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April 23, 2018, 08:35:20 PM
 #278

I think that cryptoccurency is definitely not a bubble because a plenty of projects based on cryptocurrency has already been successfully implemented.
To others who are not used to cryptocurrency,they may call it a bubble because they don't know how and what is life in dealing cryptocurrency. It may sound as bubble because of unseen currency as what they've said.  Some people are visually attracted rather than mentally attached on something. So if there is a problem,technically it will be somehow be a bubble because only internet is the source of information we can get money from crypto and that is so one of a kind way to earn money.

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NO
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TECHNICAL
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GROWING
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EASE OF
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leow
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April 23, 2018, 08:59:31 PM
 #279

Bubble, as it is imagined by ordinary people, is something that has grown rapidly, by many percent. Or maybe the cryptocurrency market has such a large capital deficit, such a large demand, such asymmetry of supply and demand that this is just the beginning? If you look at the shares of Amazon, for example, in 2001, they were also a bubble. But, first, after shares fell Amazon and other Internet companies, no one not blacked out from the Internet only because, that fell shares. The Internet as the market developed, expanded, despite the fact that shares fell. I think it's a good analogy. And more. Even if you bought Amazon stock at its peak in 2001, you still have a thousand times more money in dollars, because the shares rose a thousand times from the highest point of the dotcom boom period. From this conclusion one, cryptocurrencies are not a bubble. Everyone should understand that any new asset should go through a period of serious volatility, with the growth of its recognition volatility will fall.
Cloak1
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April 23, 2018, 09:36:41 PM
 #280

No, they are not, they will grow and would be used at different platforms like online shopping, bill payments etc. Additionally,  no one knows when cryptocurrency will last
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