BITCOIN: This Bubble is Different

[bitbunnny]

I think this bull now id different and looks like altcoins still suffer from and some of them not grow, maybe the bitcoin will stop somehow to 10000$ this month if people will start sell after see the grow.

It's different, yes, but there were also situation where altcoins were not rising along with Bitcoin. So this is not such a new and surprising situation to me. If you say that Bitcoin might stop at 10000$ this month that means that it has to come there first. Will see if current bubble will last that long.

[last7minutes]

Bitcoin bubble will continue to blow bigger and will no burst in the next two generation to come, that is what make it different from other bubble in history. Bitcoin is here to stay and I will never refer to it as a bubble because it is not bitcoin is a currency traded on so many market around the globe with decent value against other currencies.

It is not correct to speak about Bitcoin like a bubble, as bubbles burst always. As you say yourself, BTC will not do it in the nearest time. Soon, crypto will be recognized as an alternative currency.

[Nnuego]

Bubble is something that can burst and disappear from the face of the earth. Bitcoin is never a bubble since is existence is much alive. Giving such logic that whatever that rise's and falls back in price is a bubble is totally wrong idea

[pixie85]

OP is trying to make a point that bitcoin bubble is different from other bubbles because it's global.
I know for a fact that bitcoin is not a bubble. It has periods where it goes into speculative bubbles but it has its stable growing value that is based on on simple supply and demand.
There's adoption and infrastructures being built on top. With every upgrade like segwit LN and with every new software and hardware wallet it becomes stronger and more popular and with it more valuable! Bubbles burst but they always find its bottom and you could see one being tested earlier this year.

[alphaboon]

I don’t think it is a bubble at all. The prices are here to stay or keep rising

[killat]

Also, how exactly is Bitcoin a "scam"? Because the $ equivalent goes down? Or because 3rd party exchanges are manipulating certain aspects of their numbers? Neither of these things makes Bitcoin a scam. Bitcoin offers no promises relating to $ value, nor is it connected to any central department or company. It's decentralized by design. Bitcoin never said it would be worth $1, $100, $1,000 or $1 million.

It's a decentralized digital currency, that offers insanely fast and cheap ways of sending any amount of said currency around the world in seconds to anyone, regardless of their nationality, race or religion. What's the scam exactly?

[cipherhut]

Bitcoin Bubble is large and it's increasing with passing time yet the Bitcoin bubble is different as it has an international cloud surrounding it.