Bitcoin, is it really just a bubble?

[therozaq]

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?

Yes I see Bitcoin is really just a bubble because bitcoin is high volatile. But I believe bitcoin will be more stable at the future.

[nakmantu99]

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?

Yes I see bitcoin is high volatile. It is really just a bubble. But I always believe It will be more stable at the next year. Because Bitcoin has potential to grow.

[Mbah Jenggot]

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?

Yes I see for now bitcoin is really just a bubble. It is normal. It is good for trading. You will get benefits from it.

[aiviaa485]

Bitcoin is not Bubble, if the bubble is once the price is high then the price is immediately lost.
If the price reduction is like now, because Bitcoin enthusiasts are decreasing and it's natural in cryptocurrency.

[debra]

Indeed, we in Bitcoin often hear and read that Bitcoin is a bubble. But if it is seen that is true like that. I myself don't know why this bitcoin bubble can happen. What is clear is that it threatens the condition of Bitcoin because of reduced market prices and automatic Bitcoin will begin to be abandoned. Hopefully Bitcoin will not be long in the bubble and immediately explodes.

[Azaleea]

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?

No Bitcoin is not a bubble. The high volatile of crypto currency is normal. I have gotten alot benefits from it.

[dpektemek]

Bitcoin wasn't a buble, but it seemed to have a high price.In my opinion prices have now landed at normal levels.These prices need to increase the confidence of bitcoin, because a stability has been achieved. The most important source of trust in the stock market is stability.

[kamal420]

Most people who considered Bitcoin as a bubble don't even know why so many people want to use it. All they know is some generic information which is mostly made up. Cryptocurrencies now a huge speculation but they are also a future. It might be possible that we will be paying with them in the next 5 years. Some people say that Bitcoin may reach 1 million dollars. It is possible but it's a long path, we will have to make Bitcoin better in order to reach that price.

[Fenix]

Bitcoin is a bubble, because no currency can have a value that even bitcoin currently has. Especially, when Bitcoin reached $ 20,000 in its value last December. We still see the consequences of this in the cryptocurrency market.

[Mut-coin]

Bitcoin is not a bubble. Many people assume that bitcoin is a bubble because the price can drop sharply. In my opinion, the bubble if it breaks will disappear. And bitcoin, although sharply down, can prove to rise again.

[nagato]

I am still confused bro with the above quotation, whether bitcoin will die or will be as prosperous as last year ..

[Alpha]

Your stand about bitcoin is what matters for your progress. Make your perspective right toward bitcoin future. Do not be conformed to the patterns of losers mindset but let the mindset of the winners be ours too.

[Niteroy]

It is clear that Bitcoin and other cryptocurrencies are not a bubble, and quite a lot of people are sure of this. I decided to share an interesting opinion of Suzat Fernandes CFO & Co-Founder expert on what cryptocurrencies are and why they do not bubble:
https://icobench.com/thebench-post/67-why-bitcoin-and-cryptocurrencies-are-not-a-bubble