Again, Bitcoin described as a Bubble.

[BitHodler]

Bitcoin according to traditional market standards will always remain a bubble, especially when you also take into consideration that ignorant bastards think it has zero value and thus should be worthless by default.

The more people speak of Bitcoin as being a bubble and not contain any value, the more confident I am that their ignorant nature will eventually result in a very bad ending for them, to use Warren Buffett's words.

The world is changing. Traditional market standards don't matter anymore as much as they used to matter years and years ago, but the old school investors have enjoyed a completely different form of education, so they don't realize it.

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[bjmpoker001]

Still a lot of discussions about the future of bitcoin and cryptocurrencies surrounding in scientific community. Aren't experts yet convainced that bitcoin is a reality?
In an interview for CNBC, Robert Shiller the professor at Yale University expressed his rather negative sentiment towards Bitcoin and other cryptocurrencies, saying:

To me it’s another example of faddish human behavior.

Link to the interview: https://www.cnbc.com/2018/05/21/bitcoin-could-be-another-failed-currency-robert-shiller-says.html

Shiller consolidated his opinions on Bitcoin and other cryptocurrencies in a long post from where i prefered to take this note:

Practically no one, outside of computer science departments, can explain how cryptocurrencies work, and that mystery creates an aura of exclusivity, gives the new money glamour, and fills devotees with revolutionary zeal, […] None of this is new, and, as with past monetary innovations, a seemingly compelling story may not be enough.

Link to full article: https://www.project-syndicate.org/commentary/cryptocurrencies-scientific-narrative-by-robert-j--shiller-2018-05

it seems like the fud for me. telling everyone bitcoin is a bubble is considered as spreading fud.
but what the most thing i dont understand is why many peoples believe that, and sell their coins with lower price like now.

[Dudeperfect]

Well, it is happening again and again but I don't think that we should give attention to these things and opinions because we believe that it has the potential to transform the way we live today and it has the potential to optimise our economy not only in finance but also in other sectors by adopting blockchain technology.

Yes it is true that explaining Bitcoin to someone is difficult when it comes to the technical part but we must realise that it is not important to understand each and every aspect of it because there is a huge number of people using internet and email facility but I bet that most of them don't know how the email delivery process actually works, in fact, they don't care about it and the same thing is about Bitcoin and cryptocurrencies. If using cryptocurrencies has some benefits then most of the people would prefer using it irrespective of their understanding of backend of this technology.

[BitProNews]

The world is changing. Traditional market standards don't matter anymore as much as they used to matter years and years ago, but the old school investors have enjoyed a completely different form of education, so they don't realize it.

I am struck by the mainstream confidence that bitcoin is a fraud/fad that will soon collapse, while central bank fiat currencies are presumed to be rock-solid and without risk. Let's think otherwise, if considering bitcoin as a reflection of trust in the future value of fiat currencies which started since its creation (2009). What i want to say that despite all the FAUD remors, bitcoin is a meaningful result of Fiat loosing trust and it's existence (value) doesn't only depends on news and psychology.

[taranbam]

I think it should not be so negative about such statements, in fact most crypto currency is really just bubbles that used the most common PR. But such big cones as Ether, ltc, bitcoin make us think about the correctness of such judgments.

[Dasinc]

People are forced to fix losses fear that bitcoin will break through all reasonable levels of support and burst. It's just gonna disappear. The exchanges will close, the farms will be given to homeless people, and Satoshi will hang himself.  But bitcoin is difficult without fundamental reasons to fall below a certain level – it needs to be hammered into your head, even if it resists. And this level is not zero.
Mining cities (this is not even a farm) by the type of Bitmain affect the bitcoin exchange rate. Not so much as to set the price themselves, but at least in emergency cases they can keep the rate at the level of break-even mining. They need to pay for electricity, pay employees, maintain the premises, develop new equipment. The break-even level is somewhere 6-7K. Yes, the farm can pobarahtatsya on the course below, but not very long, they quickly get bored.
Think about this: monopolists bitcoin mining something in no hurry to change the scope of activity. I mean, it doesn't itch at all. They don't buy plutonium, don't change their shoes to build space shuttles. The guys are calm, which means they are sure that they will not lose their billions. By the way, the break-even level is growing all the time following the complexity of production.
The stupidest thing to do now is to withdraw money. Go back cheaper will be very difficult. Near the bottom is generally dangerous to move, here roll only one option – the gradual purchase. Get rid of the harmful idea that bitcoin can become worthless without fundamental reasons. Thought so, and those who last fall said: "why am I not bought it when it cost a thousand?"Perhaps by the end of this year we will hear it again, only with six-seven thousand.

[Radio-Active]

It doesn't matter if bitcoin is a bubble or not. If other peoples says so, then for me bitcoin is still not a bubble.
Because i know that bitcoin will exist now and later, not burst and vanish.

[mackenzied]

it is true there are still many topics about the future of bitcoin that needs to be discussed, but Bitcoin described as Bubble should also be discussed, because this bitcoin always moves all the time and has change, the tie is termed as bubble

Exactly, we still have a lot of problems to discuss the future of Bitcoin. But I do not agree with anyone commenting on Bitcoin as a bubble. This is a completely negative and irrational badge.

[bitadviser]

They wont stop to say different BS about bitcoin, why say good news? It is not interesting at all, because, most of media controlled by corporations isn't? Freedom it is not about them

[Al-e_x]

we know that the real market with crypto market is not the same, so when real estate market economists predict about bitcoin, I think we better not hear him. they have not the experience about crypto

and better we choose the opinion of crypto figures.

[Catch-22]

Again, these guys insisting that bitcoin is a bubble will be proven wrong. Bitcoin has been described far worse than that and by some of the most influential people in finance. But bitcoin is still here and is about to make another record run.

[zinluzgina]

skeptics lack. They were 4 years ago, when everyone said that the bitcoin is now at the peak of$ 25 and then collapse. To invest what makes no sense is a bubble. What to say. Many believe that the planet earth is flat? and that we all believe that??? Don't , we need to move on.

[IndigoRed]

I think it is the media’s job to thoroughly exhaust all aspects of bitcoin –whether good or bad. But whether they focus more on bitcoin being a bubble or not, any form of dialogue will help bitcoin become more of a household name.

[mkhjhv]

There was also a lot of bubbles in the stock, but it remained here. It is difficult to make clear whether Bitcoin is a bubble, because the bubble is still very good before it is shattered. This is very pointless. Twenty years ago, 10,000 Bitcoins could only buy one pizza. Was it a bubble at the time, and now it has become a bubble because of its rising prices?

[Anees1122]

These are mouth words of people about Bitcoin. Many people passed these words, but actually Bitcoin hitted the peak. Same case will repeat now, Bitcoin will prove all arguments wrong very soon.
Its all about patience.

[pooya87]

Practically no one, outside of computer science departments, can explain how cryptocurrencies work, and that mystery creates an aura of exclusivity, gives the new money glamour, and fills devotees with revolutionary zeal, […] None of this is new, and, as with past monetary innovations, a seemingly compelling story may not be enough.

He's so ignorant. I have never studied computer science and could explain it with ease and before somebody starts screaming that exception confirms the rule, i'll add that I don't even know a single person who studied computer science and is interested in BTC. In reality most bitcoiners are normal people with various interests, not programmers like this guy seems to think.

Somebody should send him one of those very short explanations of BTC that can be found online. It really can be fully described in less than a minute.

no because people don't need to understand bitcoin. in fact they should not understand it! if everyone understands bitcoin that means the projects is too simple and poorly made. when it is complicated enough that average Joe doesn't easily understands it that shows it is a complicated and strong project.

and why should they understand it?!! in fact i say the arguments he made are the most bullshit ones anybody can ever make. we are using shitloads of stuff that we don't understand. it is like saying "I don't understand how internal combustion engine works so i don't use any vehicle ever"! obviously you trust those who understand how it works and when they give you the thumbs up you use cars without wanting to "understand them"!

[riplete]

True, its price is constantly changing, rising and falling but not suddenly, it can be said it is a bubble

[btc78]

Still a lot of discussions about the future of bitcoin and cryptocurrencies surrounding in scientific community. Aren't experts yet convainced that bitcoin is a reality?
In an interview for CNBC, Robert Shiller the professor at Yale University expressed his rather negative sentiment towards Bitcoin and other cryptocurrencies, saying:

To me it’s another example of faddish human behavior.

Link to the interview: https://www.cnbc.com/2018/05/21/bitcoin-could-be-another-failed-currency-robert-shiller-says.html

Shiller consolidated his opinions on Bitcoin and other cryptocurrencies in a long post from where i prefered to take this note:

Practically no one, outside of computer science departments, can explain how cryptocurrencies work, and that mystery creates an aura of exclusivity, gives the new money glamour, and fills devotees with revolutionary zeal, […] None of this is new, and, as with past monetary innovations, a seemingly compelling story may not be enough.

Link to full article: https://www.project-syndicate.org/commentary/cryptocurrencies-scientific-narrative-by-robert-j--shiller-2018-05

Who cares about that news and about whats that companies saying towards bitcoin,it seems like your not really helping here instead you are spreading the negativity why investors must not believe in bitcoin and thats unfair.

What ever you say,and what ever links you will bring inside cryptocurrency still we will continue to progress and support this cryptoworld

[Jiralhanae]

Hyman Minsky he believes that Bitcoin is has five stages: displacement, boom, euphoria, profit taking and panic.
Policy adviser at the Federal Reserve Bank of San Francisco, Joost van der Burgt, says that if Bitcoin is in fact a bubble, it’s likely at the beginning of the ‘profit-taking’ stage, meaning that ‘panic’ is not here yet. But he does admit that he might be wrong about Bitcoin being a bubble and states that it could become "a new global currency".
https://www.newsbtc.com/2018/06/03/according-to-economist-joost-van-der-burgt-if-bitcoin-is-a-bubble-the-final-stage-of-panic-is-on-the-horizon/

[cizatext]

There is many topics and discussion that portrait bitcoin and crypto to be a bubble but the fact still remains that if bitcoin was a bubble it could have bursted long ago, we have witness how bitcoin made it from the scraps to be where it is today in terms of market price and market cap. The truth still remains that bitcoin is never a bubble.