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Author Topic: Again, Bitcoin described as a Bubble.  (Read 1963 times)
Carney Nicholass
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July 25, 2018, 01:49:46 AM
 #81

Well, Btc is really a bubble. By the beginning of 2018, there were 1,142 electronic coins, and the list continued to grow. There seems to be no barriers to entry. Bitcoin's market share in the digital money market continues to decline. Bitcoin currently accounts for about 48.9% of the digital money market, down from nearly 90% in 2013.
As the logic of investing in securities, the higher the market share of a company in its industry, the more valuable it is. In contrast, market share declined, not related to falling prices, is a bubble
KennethDarnell
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July 25, 2018, 02:02:32 AM
 #82

no its not a bubble after price corretion now btc price is up so it a good sign for market
Bulljcak
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July 25, 2018, 01:41:46 PM
 #83

if you look just one year before what was the price, or just show who say 'BTC is bubble' that conversation is over immediately.
[/quote


Btc price early this year had very slow beginning.Thats why its described a bubble.
thekrakennnm
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August 03, 2018, 02:19:44 PM
 #84

The old school thoughts sometimes do not really work at all and therefore we need new ideas.
jakedeez
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August 03, 2018, 08:17:20 PM
 #85

Bitcoin is still the bubble so far
It will benefit you when you take advantage of the opportunity of this bubble

I agree with you because you still need to have knowledge about cryptocurrency and how it work. Using it you can really get prophet in the future.
Rocktop044
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August 03, 2018, 08:21:09 PM
 #86

Bitcoin is a bubble, with no intrinsic value. It is also not an effective store of funds, owing to its volatility.
Cryptocurrency derives most of its worth from the blockchain technology and how in can be integrated into any system.
renggileh
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August 03, 2018, 08:35:45 PM
 #87

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:

Quote
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:

Quote
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

bitcoin is always a bubble, it's hard to get rid of that impression.
but everyone certainly has a different view of this, such a FUD will not affect bitcoin.
DatchRoem
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August 04, 2018, 07:44:03 AM
 #88

The fact that Bitcoin is described as a Bubble is caused by an unhealthy rush around the technology of blockade. This topic suddenly became very popular. Naturally, in a certain period this caused some symptoms of the bubble. When the market stops fever, everything will return to normal.
Blackhammer321
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August 04, 2018, 08:40:21 AM
 #89

Bitcoin always becomes a bubble whenever the prices drives down but becomes the rave of the moment or makes the world go 'crazy' because of addiction to it. It is either here or there. People will not stop spreading lies about bitcoin. Whatever they gain attempting to kill bitcoin is left for them.

People tends to spread positive everytime the situation is on top and they tends to believe amd spread negative during the market's down. This is the illness the people has. They only wanted something in where they are benifiting amd this is not a very good thing. People should realize that even a small dot has an effect. They should not spread false or fake news instead they can create a news that will help everyone to be on a better state of living. Bitcoin is there for help, lets not waste the opportunity the bitcoin is giving to us.
clonely
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August 04, 2018, 11:44:44 AM
 #90

While the price of bitcoin is rising, it's super something, the balloon is falling. These are empty things.

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August 04, 2018, 11:49:47 AM
 #91

don't trust these things again they want people to be fear about investing in bitcoin, but in the other hand just don't invest all your money in BTC
Helex
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August 04, 2018, 12:06:14 PM
 #92

It has been said since 2011, those who ignored it are now millionaires. I am not financial advisor - if you believe in it ,do it. Either you will get success or you will learn.
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August 04, 2018, 03:01:30 PM
 #93

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:

Quote
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:

Quote
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


We should not listen to them. It has been long time that bitcoin called a bubbles or pyramid scheme or something bad.
The reality is bitcoin value keep increasing every year. This means bitcoin have a great value in our world.

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dutchkay
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August 04, 2018, 03:12:06 PM
 #94

Bitcoin being a bubble is no longer a new term to us crypto enthusiasts who have been in the game. We have been hearing if bubble every time. But the real question is are we really in a bubble or is it still coming. What if the bubble is already here with us and we won't know when it will even faze out. Many argue that Bitcoin bubble will be the one that will throw many off balance. But we say let's be doing what we are doing while waiting for its arrival.
#DieHardFans
gabmen
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August 05, 2018, 01:23:20 PM
 #95

It has been said since 2011, those who ignored it are now millionaires. I am not financial advisor - if you believe in it ,do it. Either you will get success or you will learn.

Yup exactly. In the end, your money your call. You don't really lose if you learn from your mistakes and those that took reasonable risks end up with great rewards. Being all too pessimist will only make you lose opportunities

 
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atmos
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August 05, 2018, 01:34:04 PM
 #96

It's simple. Someone defines bitcoin as a bubble, and someone as "digital gold". In the long run, the former will be left with nothing, while the latter will become millionaires. That's all.
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August 05, 2018, 01:36:48 PM
 #97

You need to be patient and wait for better times ! But I think that you need to buy and enter the market !

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August 05, 2018, 01:38:14 PM
 #98

I can't ready these thing anymore... really...
BTC has never been a bubble and it never will be it!!! This is an innovative cryptocurrency that will replace any circulating economic system!
Banks know that and they want to enter into this market at lower price Wink
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August 05, 2018, 02:10:45 PM
 #99

Bubbles also has the capability to rise just like how earlier it helped in earning money.
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August 05, 2018, 02:39:03 PM
 #100

Bitcoin always becomes a bubble whenever the prices drives down but becomes the rave of the moment or makes the world go 'crazy' because of addiction to it. It is either here or there. People will not stop spreading lies about bitcoin. Whatever they gain attempting to kill bitcoin is left for them.
Strangely, it seemed to me that bitcoin manifests its bubble qualities when it rises sharply in price to decent heights, as it was in December of last year, and not when it falls in price. For example, now that it has dropped to less than seven thousand dollars, it is relatively difficult to call it a bubble. If by the end of the year he again rises to 20 000 - 25 000 dollars, then, most likely, he again becomes a bubble. However, at what stage it will become a dangerous bubble, while no one can say.
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