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Author Topic: Is Bitcoin a Bubble or Not?  (Read 18579 times)
Micerker
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February 03, 2019, 11:35:25 PM
 #21

Bitcoin is a bubble, but now it explodes when it flies too high. Currently, Bitcoin is like a balloon, and it is waiting for someone to pump air into it so it can fly. We can now consider it something difficult but still have to wait.

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February 03, 2019, 11:37:55 PM
 #22

I think that every financial active is a bubble. If someone can buy something higher than official price, the bubble will increase. It is the law of market. And I think that we are at the beginning of creating bubble in crypto.
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February 04, 2019, 03:53:20 AM
 #23

No bubble, just boom and bust.

Bubble would have happened without futures.
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February 04, 2019, 04:21:32 AM
 #24

invest what you can afford to lose and let Bitcoin do wonders for you. 

This is what anyone who is in the crypto space and bitcoin investment need to understand, you invest what you can afford to lose. Bitcoin just like anything in this world has risks associated with it and people need to understand this. Decentralized environment is way different from that of the centralized one where a central authority controls the outcome of everything. Bitcoin operates in a decentralized platform where its market price is determined by its users and holders. Once we understand this fact, we will know that Bitcoin is not a bubble but just a digital currency with its price subjected to rapid change due to the nature of the platform it operates on.
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February 04, 2019, 04:37:51 AM
 #25

Bitcoin is digital e currency payment have speculative price and bitcoin is not bubble, some time bitcoin could be on higher price and some time could be on lower, but you can take chance to invest and sell bitcoin when price is higher.
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February 04, 2019, 05:48:58 AM
 #26

What if it was? We had the Dot Com Bubble and the Property Bubble a few years ago and look what happened. Most of the big companies bounced back after that bubble burst and they are back even stronger than they were before that bubble burst.

Property prices are back to normal in most countries where the Property Bubble burst and it is once again a good investment tool. People should not see a "Bubble" as a bad thing, but rather a opportunity to make some good profits when others are greedy. Sure this is not 100% ethical, but this is how Stock markets and the financial system work.  Tongue

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February 04, 2019, 09:06:08 AM
 #27

many people said that the bitcoin is the big bubble that can pop anytime, but for people that believing on bitcoin, they are not believe on that things and believe that the bitconin can be use until end of the world, and i think bitcoin is free from inflation in the world., so bitcoin will safe when in all country has ecnomoic crisis

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February 04, 2019, 09:12:19 AM
 #28

I think it is impossible to say this about the most important cryptocurrency, as it has a great dominance in the cryptocurrency market. I believe that in order to strengthen it, it needs to be introduced in all areas, as a means of payment.
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February 04, 2019, 09:23:43 AM
 #29

It is not out of place for people to have divergent views of bitcoin. Just as you captioned it, bitcoin has stirred so many arguments for and against. It is not surprising. Bitcoin is set to upturn the way financial transactions are carried out. This is the core aim of bitcoin. Little wonder why there is interest especially from the government on control, while bitcoin is structured to take away this government control. Bubble or not is as a result of which side you belong.

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February 04, 2019, 10:16:58 AM
 #30


Bitcoin as an investment tool or vehicle can be one of the most volatile in recent history and as what 2017 and 2018 proved it can be dangerous to deal with most especially with people whose orientation or mindset is hinged on just making big profits or just to speculate without proper training...hence many people got burned. Right now, there is a great dip and nobody knows for sure when Bitcoin will be staging a big comeback to regain what it lost in terms of price. This is certainly not a child's toy and if one is not careful then it can be mind-boggling. Bitcoin can be for everyone but not everyone can be for Bitcoin...as it can get so hot to handle. However, many holders are steadfast in their faith that Bitcoin can still save their day soon. Hope that "soon" can really be coming soon. Oh, as to the bubble question...that all depends on one's perspective. As for me, it is not a bubble but it is just another normal investment tool that is subject to the law of supply and demand in the marketplace.

I think by now, it's too far out in existence to consider Bitcoin as a bubble. However, I think many would still say that Bitcoin is still a bubble because many are believing that it's on its way to its downfall. I mean, I know what they mean, it has been having this negative image because it kept declining and declining with no light to see at the end of this very long and dark tunnel. But then again, I think Bitcoin has always had capacity to go back stronger everytime. I think that despite all the negativities happening, there's always a chance for everything to get better as all the things that the market needs would fall into place.
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February 06, 2019, 04:25:46 PM
 #31

It depends on understanding and patience, because it can be our direction to regard bitcoin as a bubble or not, because of the unstable value of bitcoin.

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February 06, 2019, 09:46:29 PM
 #32

Such questions about whether Bitcoin is a bubble or not - people will ask hundreds more 1000 times over the next decades, While the only right decision in terms of Bitcoin in my opinion has always been and there is a rule - buy and store. And nothing else is needed for your sucess.
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February 07, 2019, 05:10:01 AM
 #33

You must have heard about Bitcoin. Is it a get rich quick scheme, fraud or what? To know, read and become familiar with the mystery of Bitcoin. Almost a decade has passed since the invention of Bitcoin and cryptocurrencies.

Is Bitcoin Worth Investing?

   Bitcoin is a decentralized system with no political institution or central issuing authority controlling the exact amount of circulation. Essentially, it is structured on the blockchain technology. It is one of the secure modes of privacy in the digital and technological world.
   Bitcoin witnessed tremendous growth in 2017. The late December made a wide range of Bitcoin holders rich and in no time. Since then, a decline has been the fate of the Bitcoin and thus the rest of the cryptocurrencies.
   Should you invest in Bitcoin? None knows the absolute answer to be true. Nevertheless, a thorough examination of the past trends and the future trends speaks volumes about it.

Hodl or Sell?
   If you are a crypto freak, hodl must be familiar. It means to hold the amount Bitcoin a person is holding. The current prices of Bitcoin range between $3,000-4,000. A year ago, a single Bitcoin cost well above $15,000. Those who sold it were the winners.
   What about those who are still hodling? They must be foolish or something like that in your opinion. Do not rush to pass judgments.
   What if Bitcoin witnesses another uptrend that it received in late 2017? Bitcoin at $25,000, how does it sound? Amazing!
   

Replacing Paper Currency
   Thousands of cryptocurrencies are in the market. The king is Bitcoin. If the price of Bitcoin rises, other cryptocurrencies also accelerate. How long the trend of paper money and the manipulation of the bank will continue?
   Experts have claimed Bitcoin will be the new digital currency because of the safe transactions. It is very volatile though which makes it controversial. Primarily, the manipulation of whales and big guns dominate the decline and rise in the prices of Bitcoin.

The Future of Cryptocurrencies
   Bitcoin holders must be worried. The extremely low prices of Bitcoin are a dangerous sign for them. What hides In the future?
   Will Bitcoin reach a million dollars or the bubble will burst in the future? This question is killing the internet platforms these days. With immense money been put into Bitcoin, people are unsure whether to sell or hold their Bitcoins amid the crisis. Their condition is similar to the boy who is unsure and always cries in front of others to Write My Essay.
   The security of Bitcoin is also not absolute. Several instances have been reported where wallets storing the digital currency were hacked and looted. Without a shade of doubt, the blockchain technology can never be shattered in the current times. The fate of blockchain technology will change entirely after the advent of advanced computations and technology.

The Final Word
The blockchain technology is promising and has amazed everyone in recent years. The future of Bitcoin is neither bleak nor bright. Without several speculations and rumors, none can claim that it will reach this pri
e by the end of this year. A thing is for sure. The prices of cryptocurrencies will continue to face a decline in the near future.
If they do manage to witness a surge, it will be next to a miracle. For you, this is the right time to buy Bitcoin. If you desire to buy it in the future, the prices will certainly be higher.
So, invest what you can afford to lose and let Bitcoin do wonders for you. 

Bitcoin is very worth to invest even the price now is very down. Until now we are not sure if bitcoin or other cryptocurrencies have chance to replace paper money but we are modern era where all of us always use internet so I think somewhere in the future there is small chance that cryptocurrencies might replace paper money. But, I want to say and I'm surely that bitcoin will never become a bubble.



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February 07, 2019, 09:49:02 PM
 #34

What if it was? We had the Dot Com Bubble and the Property Bubble a few years ago and look what happened. Most of the big companies bounced back after that bubble burst and they are back even stronger than they were before that bubble burst.

Property prices are back to normal in most countries where the Property Bubble burst and it is once again a good investment tool. People should not see a "Bubble" as a bad thing, but rather a opportunity to make some good profits when others are greedy. Sure this is not 100% ethical, but this is how Stock markets and the financial system work.  Tongue
As long as what you are doing is legal I do not see the problem of earning money in the markets, all the market participants are looking for the same thing which is to increase their capital, if there are a few participants that can take advantage of the distortions in the market then it is their duty to do so because if they do not then someone else will, some people see it as unethical but that is because they do not understand the market, but if they did and could get profits out of it they will do the same.
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February 08, 2019, 03:02:51 AM
 #35

Bitcoin is a bubble, but now it explodes when it flies too high. Currently, Bitcoin is like a balloon, and it is waiting for someone to pump air into it so it can fly. We can now consider it something difficult but still have to wait.
Bitcoin price movements are not just like bubble but bitcoin is more like a very large tsunami wave that will rise to high when there is good news and like what happens with waves in the sea will rise when there is a big earthquake.
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February 08, 2019, 01:08:30 PM
 #36

Although the bubble helped the sector as such, it always burned people who came into play as the last.
Personally, i do not consider Bitcoin as a bubble for the following reasons:

1. Bitcoin is not a bubble, because the blockchain technology is revolutionary and changes life.
2. Bitcoin is not a bubble, because you need to stop the internet to stop the bitcoin.
3. Bitcoin is not a bubble, because if people are going to continue mining, will continue to increase.
4. Bitcoin is not a bubble because it is not controlled by the institution.
5. Bitcoin is not a bubble because more and more companies accept it as a form of payment.

And so it can continue.

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February 08, 2019, 01:49:26 PM
 #37

Bitcoin is a bubble, but now it explodes when it flies too high. Currently, Bitcoin is like a balloon, and it is waiting for someone to pump air into it so it can fly. We can now consider it something difficult but still have to wait.
Bitcoin price movements are not just like bubble but bitcoin is more like a very large tsunami wave that will rise to high when there is good news and like what happens with waves in the sea will rise when there is a big earthquake.

☝☝☝ what?? A little bit too poetic dude to compare it to a tsunami lol. I agree that it's more like a balloon that's being deflated and inflated over time. It's constantly happening all throughout bitcoin's existence and will continue to happen way into the future.

 
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omonuyak
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February 08, 2019, 06:46:30 PM
 #38

Everything assets that are been traded in financial markets were one time to time bubble in price and bitcoin is not different.  I think bitcoin is not a bubble but an asset that is reacting to the market.
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February 09, 2019, 04:38:58 PM
 #39

Bitcoin is a valuable asset and also the best solution that was invented for current financial problems but it was never a financial bubble but this situation was occurred because people started to use it as a trading commodity than a currency for real world payment purposes which is not a problem with bitcoin but a problem with its users greediness, stupidity and lack of creativity to use it in there businesses to gain benefits and profits so I hope at least in the future this will change

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February 12, 2019, 09:44:42 PM
 #40

Although the bubble helped the sector as such, it always burned people who came into play as the last.

snip
True, but it is their fault if they decided to invest in this market so late, it is not like bitcoin has been a secret or anything, bitcoin has been well known at least since 2013 so anyone complaining they lost money when they invested at the end of 2017 must not blame anyone but themselves because they were the ones that took so much time to invest in a market that was giving profits during a whole year before it crashed.
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