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Author Topic: Cryptocurrency is a bubble?  (Read 10208 times)
khoipm
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August 22, 2018, 03:59:47 AM
 #1241

yes its a bubble
ask someone who have a crytal ball to tell you things about the future.
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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August 22, 2018, 04:02:31 AM
 #1242

Yes, the cryptocurrency is always a virtual currency. Although its blockchain technology is developing, it is still relatively unstable and risky.
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August 22, 2018, 04:05:07 AM
 #1243

everything is a bubble, for how long I can't answer because I'm not a prophet.
jump in for quick bucks then get out - rule of the game.
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August 22, 2018, 04:06:44 AM
 #1244

If you understand the technology and the nature of Cryptocurrency, then you will not think the current time is a bubble, and it will last a long time, I think it should be long-term investment in it, the future efficiency will answer. I believe so
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August 22, 2018, 04:10:30 AM
 #1245

Why? For this there are no preconditions, it exists cyclically, as well as other markets, so I believe that the crypto currency will be with us for a long time.

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August 22, 2018, 04:13:46 AM
 #1246

The cryptocurrency is not a bubble for me. I have made a lot of money from the cryptocurrency market. For me, it is very normal for the cryptocurrency market to bleed now. This is very common in the financial world. One thing, I think that cryptocurrency will grow better with the progress of the times.
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August 22, 2018, 04:14:39 AM
 #1247

A financial bubble is any asset that is not secured by anything. Some coins are victims of Pump and Dump, but the whole market is not bubble. People always fear things that they don't understand.
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August 22, 2018, 04:21:40 AM
 #1248

A financial bubble is any asset that is not secured by anything. Some coins are victims of Pump and Dump, but the whole market is not bubble. People always fear things that they don't understand.
It shouldn't be a bubble because  there is a lot of people putting money into it now. I would say it differently if there wasn't any money in it.


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Iyeman
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August 22, 2018, 04:51:43 AM
 #1249

A financial bubble is any asset that is not secured by anything. Some coins are victims of Pump and Dump, but the whole market is not bubble. People always fear things that they don't understand.
It shouldn't be a bubble because  there is a lot of people putting money into it now. I would say it differently if there wasn't any money in it.
Your statement that I bold "there is a lot of people putting money into it now" making it worse lol, you must know that if something is hyped up, so many of people invest into that thing that creates a high rise in the value within an instant, that's a bubble, just like property that few moments ago got its bubble, cryptocurrency can be a bubble too, so don't misunderstand this thing.

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Vasa101
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August 22, 2018, 06:18:46 AM
 #1250

of course you can call cryptocurrencies a bubble, because now the cryptocurrency market is very young, the situation in the market is always unstable, the volumes on the market are very low, but in any case I believe, that the cryptocurrency market has a very great potential

madoka
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August 22, 2018, 06:27:57 AM
 #1251

Everything is a rise to do with cash, smaller scale financial aspects, large scale financial aspects, financial aspects and ect. That is the reason monetary foundations there for to deal with and individuals in there are working hard, so they keep away from rises in economy of whatever nation they work in. That is the reason everybody is frightened of digital currency, as nobody is managing it and it restricts enormous dangers to the entire universe of shaping air pockets.
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August 22, 2018, 06:32:19 AM
 #1252

There is a huge bubble in cryptocurrency. Bitcoin dropped from 20k to 6k, which indicates that there is a bubble in the encryption.
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August 22, 2018, 08:16:59 AM
 #1253

I can understand why or the argument that crypto is indeed a bubble.  On the one hand, we have this incredibly huge market capitalization in crypto but in terms of use case and real life use of many coins/token, there isn't much to write about.  Perhaps with the exception of bitcoin and may be eth which you can use to purchase things in mainstream markets in some parts of the world.   The fact the merchants themselves complete these transactions in fiat says alot about their perception of crypto.   This means that the intended use case of bitcoin for example is no longer there, instead people use it as an investment opportunity for quick returns.  Essentially, make much out of little in very short time.  That does sound like a bubble to me.

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August 22, 2018, 09:52:55 AM
 #1254

I don't think that Cryptocurrency is a bubble. Bubbles are usually of little use value. People rely on people's hype to gain value. Although cryptocurrencies rely on some hype, we can see the huge potential of cryptocurrencies. It can change people's future life, this is not a bubble.
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August 23, 2018, 03:34:46 AM
 #1255

If bitcoin is a bubble, bitcoin had to be bursting up to now. I think bitcoin has been in our world for about ten years and this is a long time to be a bubble.

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August 23, 2018, 03:36:29 AM
 #1256

The digital currency isn't an air pocket regardless of whether the emergency in the market as of late would influence individuals to trust this. I believe that the digital money is the cash that will be utilized by who and what is to come, I don't see an end however an expansion in its utilization in the following couple of years, so it merits contributing
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August 23, 2018, 03:41:16 AM
 #1257

My opinion is to wait patiently, maintain a good attitude, wait for the right time, the cryptocurrency is not a bubble, it will not collapse, the future of cryptocurrency is very promising, I believe that the cryptocurrency will usher in a huge year at the end of this year. Success
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August 23, 2018, 03:42:50 AM
 #1258

Cryptocurrencies are taking baby steps to the mainstream. In many countries, authorities are actually studying Cryptocurrencies, and exploring ways to regulate them.
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August 23, 2018, 03:54:28 AM
 #1259

It's a bubble like the dot.com of the 90's BUT some will survive. Those blockchain projects that will survive will be the amazons and google of the crypto space.
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August 23, 2018, 04:00:36 AM
 #1260

The cryptocurrency is a bubble. You can find it from the past price.
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