btc Bitcoin is a dangerous bubble

[Oki 675]

I don't think Bitcoin is a bubble if we know how to invest in Bitcoin. That ridiculously high rise in the price of Bitcoin is something we can take advantage of, because a large Bitcoin price boom would bring me profit. As a decentralized coin there are times when the Bitcoin price goes down, so we really need to know when to buy and when to sell it to make a profit.

[Jeff J Carrel 27]

It doesn't make sense, there are a lot of people who say bitcoin is a bubble eight years ago, and so far, what happened?
Where are they from that talk?
I think now they're counting how much bitcoin they have!
And I think they have a lot of stuff! These rumors are just paid rumors of devaluation and then allowing major investors to buy bitcoin at a low price!
Just a scam!
Be careful.

[abohasnn9 2401]

Bitcoin is a currency that is not dangerous at all, although it is a decentralized currency in any global country, and although it is a highly volatile currency, but it is a future storage currency, in the end it will rise and reach a certain profit price and it is not dangerous at all Thank you very much

[Jacks52 351]

The financial bubbles almost always give rise to lopsided expansions in local places for relatively short period.They just want to create FUD to bring down the price of bitcoin and they will buy it at cheap price.

[yonkii 3205]

I don't know what to make from this post, as it was created at a time where Bitcoin wasn't so high at price. Calling it a bubble means that prices rise a lot more than what it should be. Then again it could be just the beginning. What would you call Bitcoin at $10? You would wish to buy it there wouldn't you? Then again from what I am reading, many were selling it and saying it was a bubble.

[Jacks52 351]

the price could go down and up, but it will not burst and go to nothing, it's here to stay for all of us. Bitcoin continues and progresses and is about to become universally accepted and their illusions remain.

[Mir Hamza 2888]

On 10/31/2019 at 3:09 AM, dentolas said:

Bitcoin has been called a bubble many times, but it just won't burst... 😁

It is a volatile asset, and this can be justified by several reasons, some of them related with the small size and youth of the market... but this does not make it a bubble... have you seen the hasrate? higher than ever, and where are the serious millions invested in hardware and power to allow that? not inside the bubble I would say... 😉

It is absolutely true that the price of a bitcoin fluctuates very rapidly and its price is a very volatile. But we should also keep in front of us that the price of bitcoin fluctuates due to its demand, when its demand is high, then its price is high. And because the demand for bitcoin is very closely related to its value, people call bitcoin a bubble. But i think bitcoin is not a dangerous bubble at all.

[Whited35 15285]

I have no problem to represent Bitcoin as a bubble in the sense of its market's conditions. Sometime you can see extreme declination in it's price creating a burst (Take a reference of Mid-March of 2020) and in 2020, it again raised to new ATH. High volatility of Bitcoin enables it to represent as a bubble so investors are advised to be ready for facing the risks. 

[Mwituri 138]

On 1/24/2021 at 6:12 AM, Oki said:

I don't think Bitcoin is a bubble if we know how to invest in Bitcoin. That ridiculously high rise in the price of Bitcoin is something we can take advantage of, because a large Bitcoin price boom would bring me profit. As a decentralized coin there are times when the Bitcoin price goes down, so we really need to know when to buy and when to sell it to make a profit.

Do you really think Bitcoin is not a bubble? Search the internet for how Elon Musk raised the price of DOGE with a speculative statement. This is one example of why Bitcoin costs $ 34,000 now

[teebasas 3018]

Big commercial markets are afraid of this bubble. Economists and major writers in the digital economy describe Bitcoin as just a bubble that is swelling and will explode soon, but to me I do not think so.

[David84 1191]

Bitcoin is not a bubble and whoever says that is an ignorant in the crypto world and do not know anything about it, there are people who are supposed a leading characters in finance world who fought it at the beginning and thought that it was a trend that is going to disappear soon then came back the value of Bitcoin and other cryptos.

[Merry Cherry 670]

I Don't think so that Bitcoin is a dangerous currency and we cannot call bitcoin a bubble beacuse in this epidemic Crypto World helps many people in earning and learning so we are very greatfull to this forum for providing and giving us such knowledge which is very beneficial in our lives and its value is increasing day by day.

[RoyalHouse01 9]

If you want a big profit and earning with your extra money and you do not have to work for that but it is risky so do not think that you will only lose you can gain as much as you want but you should take it as the  way to make money.

[SelimAbi 339]

Unfortunately, I disagree with what you have written about Bitcoin. I don't think Bitcoin is a bubble. Everyone has been saying the same thing since Bitcoin first came out. Bitcoin cannot be trusted, bitcoin may burst in your hand, bitcoin is an inflated bubble etc. Despite all the promises like this, bitcoin has made its investors incredible money and continues to do so.

[Moudr 513]

Welcome, a lot has occurred on the fall of the Bitcoin currency, but it is achieving impressive progress and prosperity. I know that the road is long, but the journey of a thousand miles begins with a step. Thank you.

[kryptonick 2659]

Calling Bitcoin a bubble when price was around $7000 means you would expect it to reach zero. I think that bubble is not correctly placed, maybe the word could be used at certain times, when price reaches parabolic level but this is only the times I use it. I can't use the word bubble for Bitcoin without first explaining that the stock market is also a bubble. Bubble doesn't mean that it should lose 99.99% of its value, it could mean that it is inflated and perhaps the real valuation is just 50% lower.

[Crypto Eng. 1142]

Bitcoin is the oldest cryptocurrency, and it is the basis of alternative cryptocurrencies, and the increase in demand for this currency has led to its rise a lot, which makes it a good asset for investment, and the best option for adoption, so it is natural for rumors to spread and be fought by the haters of this technology.