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Prettymie
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February 12, 2019, 11:02:39 PM |
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Bitcoin has the real intentions why it was created and we have seen how useful it is. The market manipulators had taken control of the market price which seems is not good to the small-time investors as they don't have the enough funds to sustain in the long bearish market. This is the point why bitcoin could be dangerous to people who can't afford to wait until the recovery. Whether it's a bubble or not the risk is too high which we need to consider before putting our funds.
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The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
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SIDDHI777
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Activity: 196
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February 18, 2019, 03:48:26 PM |
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Answer would be Bitcoin was never a Bubble and will never be one but many say that because during the previous price decrease the dip was much higher and losses were much bigger than any other time in the crypto market history so many traders lost there hard earned money instantly so with that kind of situation without understanding this as a temporary situation some say Bitcoin is a bubble in the financial history even it is not in reality
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justdimin
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February 20, 2019, 08:04:36 PM |
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First of all, you can learn for those who call bitcoin a bubble how they have changed their opinion because they have seen that it isn't, secondly, the price growth was expected due to mass adoption in 2017 and we are now seeing a price correction. Just like during the time when the internet was first launched, many company began to go create an audience on the internet and after a while, the a podge began to separate the good from the bad and only few companies stood.
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Adriano2010
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February 20, 2019, 08:10:00 PM |
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No bitcoin not a bubble, even if it looks like that. And yes bitcoin is worth investing, but as is an investement, always invest only money that not need, because can take a lot of time to make profit and better always have cash money, because we can't get buy with bitcoin all we need.
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Supercrypt
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February 20, 2019, 08:53:07 PM |
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Bitcoin may have bubble time to time but bitcoin markets itself cannot be a bubble like it cannot survive for more than 10 years without having actual concepts and potential. A bubble may attract more investors and scam them in very short period of time as just circulating the money is the only business there. Here, bitcoin itself a money and investment instrument.
In 2017, by November first week bitcoin got value of $10k which may not be a bubble by considering the investor base and hype but rising from $10k to $20k had happened within a 3 weeks of time which must be suitable for terming as bubble.
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jozymens7
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CurioInvest [IEO Live]
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February 22, 2019, 08:11:44 AM |
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I do not see bitcoin as a bubble because of the tech following it which is causing almost every institution to apply it. The fear of missing out is on the increase because everyone knows that bitcoin is in to last forever and ever. If you don't learn the tech behind it, you will be a beggar in the next couple of years.
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vintages
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February 22, 2019, 01:51:26 PM |
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In my own opinion, whether it's a bubble or not, whoever that wants to rush in and sell should go ahead and do so. It's high time we purge this market from inconsistent traders and investors because part of the reasons why this market is unstable is because of many investors irrational fear and panic action of quick selling.
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Ronyx
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February 22, 2019, 05:04:06 PM |
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I don't think so, because if I think of bitcoin as a bubble then I will go away, the market price is indeed unstable and can decrease or increase high, and I prefer to react with patience.
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ajqjjj
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February 22, 2019, 05:35:10 PM |
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I don't think so, because if I think of bitcoin as a bubble then I will go away, the market price is indeed unstable and can decrease or increase high, and I prefer to react with patience.
Bitcoin is a only hope for all the cryptocurrency so all are accepting the market situation but few of them are still not accepting the fluctuation. We never guide the anyone because own analysis is teach everything in this society. Bitcoin bubble was successfully stopped in this month so we expect some bullish trend. |
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bitcoinisbest
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February 22, 2019, 05:43:58 PM |
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I don't think so, because if I think of bitcoin as a bubble then I will go away, the market price is indeed unstable and can decrease or increase high, and I prefer to react with patience.
It is obviously not a bubble only thing those who keep on saying either does not want others to invest in it or they cannot invest due to some reasons and want others also to stay away from the money making opportunity. So understand and do you research and buy it. |
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n0ne
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February 22, 2019, 06:22:43 PM |
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I don't think so, because if I think of bitcoin as a bubble then I will go away, the market price is indeed unstable and can decrease or increase high, and I prefer to react with patience.
It is obviously not a bubble only thing those who keep on saying either does not want others to invest in it or they cannot invest due to some reasons and want others also to stay away from the money making opportunity. So understand and do you research and buy it. Yes, it's good to have a self analysis on the market and make an investment. Different people come with varied opinions on bitcoin. People who missed the opportunity to make an investment when the price was low and looking its tremendous growth state it as a bubble. This is people's mentality and for this I never consider it a bubble. Analyzing the growth will give an outline, but if one has got a fixed mind it is hard to change. |
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LUCKMCFLY
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Leading Crypto Sports Betting & Casino Platform
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February 22, 2019, 06:24:33 PM |
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I think it's not bubble because simply Bitcoiny-USD has a well-defined structure, (My analysis is based on Wyckoff's Philosophy) and taking into account what Malkiel Burton says in his book "A Random Walk by Wall Streeth" the bubbles have a structure of a large PUMP and fall without recovering, like this: On page 44 of the book, this is a representation of a bubble-style chart when the South Sea Companies passed. Based on my personal analysis Bitcoin-USD has a clear structure, representing a business model, where there is a large volume, and I dare to say that we are in the Accumulation phase ...  Its volume clearly represents that Bitcoin-USD can not be a bubble because of the number of operations that there are every day, in a few months, years, or as long as necessary we will see the growth of Bitcoin and will have new highs where there will be many new millionaires. For this reason it is not a bubble. Do you think the same as me? Someone else that can give me your opinion. |
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slackcryptoz
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February 23, 2019, 11:13:45 AM |
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Whenever there is a price pumping some news will come out stating bitcoin is a bubble. There is no need to be worried whether bitcoin is a bubble or not. We need to read the market and invest. If we keep on examining whether it is a bubble scheme what we gonna miss is the opportunity to invest at the low bottom.
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eroejoe
Member
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Merit: 54
ツ
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February 23, 2019, 11:22:32 AM |
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I think that BTC was in a bubble in 2017, but that is almost nothing compared to new bubbles which will come in next few years. BTC is nothing like tulip mania, because tulip bubble burst only once and never came back.
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BTC
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Aqualung89
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February 23, 2019, 11:42:16 AM |
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Bitcoin is one of the important building blocks for the market. There is no doubt the future will have much older than the level where I think back to the very important place.
Bitcoin bubble for a while as to whether there is nothing definitive to me. It just needs a bit of improvement will determine when something important measure of the market has to come a little more proper place.
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davit putra
Copper Member
Newbie
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Activity: 409
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February 27, 2019, 05:57:48 PM |
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With prices that can pump high and also fall then it will be like a bubble, but that's just an assumption and I don't think hard about it. No need to panic, bitcoin still has the opportunity to grow again.
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xuv500
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Activity: 406
Merit: 11
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February 27, 2019, 06:51:31 PM |
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Bitcoin is a precious gem where you would have seen its potential in 2017, it's clear that BTC is a Star competitor in crypto market. Don't panic and don't be optimistic Bitcoin still leading as a number 1 coin without any doubt. Just believe in this.
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Idrisu
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February 27, 2019, 07:36:40 PM |
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Bitcoin is a precious gem where you would have seen its potential in 2017, it's clear that BTC is a Star competitor in crypto market. Don't panic and don't be optimistic Bitcoin still leading as a number 1 coin without any doubt. Just believe in this.
The foundations of cryptocurrencies is bitcoin and it is standing today in all structures of cryptocurrencies. Bitcoin should be trusted as to me it is the future of cryptocurrencies and fiat money. Whenever there is a price pumping some news will come out stating bitcoin is a bubble. There is no need to be worried whether bitcoin is a bubble or not. We need to read the market and invest. If we keep on examining whether it is a bubble scheme what we gonna miss is the opportunity to invest at the low bottom.
I have see people saying bitcoin is a bubble but it is not a bubble to me. The up and down of the cryptocurrencies pricing is a sign that activities are going on in cryptocurrencies market. |
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oegarod
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February 27, 2019, 07:47:34 PM |
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I think that BTC was in a bubble in 2017, but that is almost nothing compared to new bubbles which will come in next few years. BTC is nothing like tulip mania, because tulip bubble burst only once and never came back.
Tulip mania doesn't have anything to get relative to the bitcoin. What we see with bitcoin is the real growth, at times there were little price manipulation and the same gets termed as bubbles if it provides with a large scale profiting. Growth waves will continue to be a part of cryptocurrency, and this at times gets mentioned as bubbles. Nothing is gonna happen on these indications. |
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STT
Legendary
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Activity: 3906
Merit: 1414
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February 27, 2019, 07:54:38 PM
Last edit: February 27, 2019, 08:07:13 PM by STT |
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The biggest way to consider this or similar questions would be via contrast. There is no perfect currency, all have some inefficiencies to them and a purpose and utility gained over what would be simple barter otherwise which of course causes lots of problems and restriction to trade. Just on the basis could BTC mobilise trade that otherwise would never exist, yes it is justified. Is it the best product out there is another question and will take longer to consider because the whole sector is new and developing. I think BTC as a currency is best suited towards digital goods rather then physical, it can do anything but to me I think that is its most likely sucessful domain. Digital goods is a growth sector so I dont see BTC is a bubble or likely to disappear. It could still be that a better product replaces it, society as a whole will favour the product which does the job best and that is the way it should be. Also a big question to consider is that bubbles or inaccuracies in pricing do not exist in isolation. We have ongoing currency worth mixed with QE programs that have never been reversed, its likely this is related to BTC pricing and all currencies worth imo
Macro economic view of possible bubbles (not just BTC) - https://www.dlacalle.com/en/back-to-fundamentals/ |
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