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Author Topic: Bitcoin, is it really just a bubble?  (Read 1179 times)

Ahmad4

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Bitcoin, is it really just a bubble?
« on: March 17, 2019, 08:18:58 PM »
Bitcoin has recently been a hot topic among many people, economist especially. But as it moves towards the $12,000 index many are having doubts as to how stable the market for bitcoin really is. Just recently, an expert from Yale who was considered as Wall Street's most influential economist described it as a dangerous speculative bubble due to its lack of intrinsic underlying economic value to the concept.

Despite the lack of understanding of its mechanics by lots of investors, why and how does it continue to prosper?

Is it really just a bubble? And if it is, when is this bubble going to burst?
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717

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Re: Bitcoin, is it really just a bubble?
« Reply #1 on: March 18, 2019, 03:14:02 AM »
It seems that I have often read topics like this, and there have been answers from many members. I ask a little about the OP, whether you just copy or not read

katemi

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Re: Bitcoin, is it really just a bubble?
« Reply #2 on: March 18, 2019, 11:52:04 AM »
Bitcoin is a real digital asset, indeed the price changes every time, therapy if we can take advantage of that opportunity, then we will be profit

NguyenTuan

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Re: Bitcoin, is it really just a bubble?
« Reply #3 on: March 18, 2019, 04:28:26 PM »
No Bitcoin is one of the hot assets for investors in the market right now and it will always likely that for a longer time

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Barb

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Re: Bitcoin, is it really just a bubble?
« Reply #4 on: March 18, 2019, 04:35:08 PM »
Bubble or not I think that there are many articles on the internet has said and analysts about it, for me I started to hold now and waiting for a pump of Bitcoin

NguyenTuan

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Re: Bitcoin, is it really just a bubble?
« Reply #5 on: March 19, 2019, 03:47:28 PM »
Bubble or not I think that there are many articles on the internet has said and analysts about it, for me I started to hold now and waiting for a pump of Bitcoin
Haha you right, profit only come for those who know to take the chance of the market, the late one cannot get much profit, that’s also a story that I learned from my friend

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Barb

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Re: Bitcoin, is it really just a bubble?
« Reply #6 on: March 19, 2019, 03:58:35 PM »
Bubble or not I think that there are many articles on the internet has said and analysts about it, for me I started to hold now and waiting for a pump of Bitcoin
Haha you right, profit only come for those who know to take the chance of the market, the late one cannot get much profit, that’s also a story that I learned from my friend
But you also never fomo because it can lead you to a massive loss, instead of that try to master the patient ability and practice it more and more

Richard

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Re: Bitcoin, is it really just a bubble?
« Reply #7 on: March 19, 2019, 04:13:58 PM »
Bubble or not I think that there are many articles on the internet has said and analysts about it, for me I started to hold now and waiting for a pump of Bitcoin
Haha you right, profit only come for those who know to take the chance of the market, the late one cannot get much profit, that’s also a story that I learned from my friend
Time will tell my friend, for now we can’t predict exactly what the market will move in the next month or next year, only the smart can survive in this market

Ahan

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Re: Bitcoin, is it really just a bubble?
« Reply #8 on: March 19, 2019, 10:38:03 PM »
Time will tell my friend, for now we can’t predict exactly what the market will move in the next month or next year, only the smart can survive in this market

Yeah, no one can predict with 100% accuracy. And I think it is no need to guess the next prices so much. Bitcoin will improve, I am sure about it. Not only smart, we need to be more patient and wait for the increase in its value.
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Redix

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Re: Bitcoin, is it really just a bubble?
« Reply #9 on: March 19, 2019, 10:59:41 PM »
~snip~ I ask a little about the OP, whether you just copy or not read

I think he won't answer it, mate. Look at here, there are some replies but no response from OP at all.

Bitcoin is one of the hot assets for investors in the market right now and it will always likely that for a longer time

Bitcoin has been popular as a digital asset. I know it very well since there are many people in my country also become investors.
I think people are interested in this investment because of the possibility of its price to increase significantly. But now, the price looks hard to increase. Let's see how it can be.  :D

termion

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Re: Bitcoin, is it really just a bubble?
« Reply #10 on: March 19, 2019, 11:04:43 PM »
The problem is that the bitcoin course is being manipulated.  Initially, Bitcoin was conceived as a decentralized digital currency, but in the end it became quite centralized.  That is the main problem.

rituvohra01

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Re: Bitcoin, is it really just a bubble?
« Reply #11 on: March 20, 2019, 06:46:11 AM »
Bitcoin is not a bubble. Bubble is always disappear or burst. The popularity of Bitcoin is increases day by day. People aware from blockchain technology.

Richard

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Re: Bitcoin, is it really just a bubble?
« Reply #12 on: March 20, 2019, 04:38:24 PM »
The problem is that the bitcoin course is being manipulated.  Initially, Bitcoin was conceived as a decentralized digital currency, but in the end it became quite centralized.  That is the main problem.
Even in forex we also have the same problem when big investors try to manipulate the market, that a bad site of investment now

Ahan

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Re: Bitcoin, is it really just a bubble?
« Reply #13 on: March 20, 2019, 10:51:02 PM »
Even in forex we also have the same problem when big investors try to manipulate the market, that a bad site of investment now

Yes, not only in crypto space, in another place like Forex also experiences the same thing. We should not avoid this, but we must know how to deal with the situation. I think experienced traders or investors can take advantages very well from dump or pump.
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JocelynKim

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Re: Bitcoin, is it really just a bubble?
« Reply #14 on: June 18, 2019, 03:29:47 PM »
Bitcoin's a bubble or not, that's for you to decide, it being controversial and all. But, it indeed is a great asset. With its current bullish trend of price surge over $9000 and increasing, it might increase more and more over the next year, with the Bitcoin halving nearing.
Converting BTC to USDT can be tried, as USDT is comparatively stable.

 

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