Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Bobcrypto on May 02, 2021, 09:54:04 AM
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Since 2017 I have been hearing about crypto bubble,and especially the so called"The Bitcoin Bubble" that never was burst till date; and recently, I am again beginning to hear another atlcoin Bubble and now, THE DOGECOIN BUBBLE.
The first acclaimed bitcoin Bubble never burst, and I have come to the conclusion that there are no BUBBLE IN CRYPTO AT ALL. WHAT DO YOU THINK?
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Yes, these are just ordinary manipulators who say so as to scare people and various people say this, because when bitcoin appeared, they not invested in bitcoin and now they regret about it and they just make a fuss about bitcoin, that bitcoin is a bubble, and of course bitcoin is not a bubble, because the technologies and capabilities of bitcoin are already using in the real world and bitcoin has already been legalized in many countries.
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Since 2017 I have been hearing about crypto bubble,and especially the so called"The Bitcoin Bubble" that never was burst till date; and recently, I am again beginning to hear another atlcoin Bubble and now, THE DOGECOIN BUBBLE.
The first acclaimed bitcoin Bubble never burst, and I have come to the conclusion that there are no BUBBLE IN CRYPTO AT ALL. WHAT DO YOU THINK?
If you were in crypto around the last bull run, you would agree with me that bubbles once exist and many ICO collapse that has done lots of damage to so many investors.
The current bull run was fuel by DeFi and bitcoin recovery, thanks to whales, the institutional investors and stimulus check that were heavily sign during 2020 to recover back the global market.
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It's a common thing we have heard this many times even some big influential people also said it's a bubble but it did not burst to date even I don't think so it will ever burst as crypto is gaining popularity day by day. Many will come and go with such statements and we should not bother about what someone is saying about crypto the only thing is we trust the crypto for long and will continue to trust like this.
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SafeMoon or Dogecoin and similar meme projects are all bubbles. Yeah, there are lots of legit projects which have working products. But in the crypto space "bubble coins" will always be there because of greedy people.
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Doge is one of the largest bubbles we can see. The problem will be when that bubble bursts and bankrupts those who invest without sense or knowledge. Many people expect a new candy from Elon Musk, but they don't seem to know that they won't get rich, Elon Musk will get richer, if they are lucky, they will only lose a few hundred dollars.
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Since 2017 I have been hearing about crypto bubble,and especially the so called"The Bitcoin Bubble" that never was burst till date; and recently, I am again beginning to hear another atlcoin Bubble and now, THE DOGECOIN BUBBLE.
The first acclaimed bitcoin Bubble never burst, and I have come to the conclusion that there are no BUBBLE IN CRYPTO AT ALL. WHAT DO YOU THINK?
I think you missed the deep meaning of the word "crypto bubble" it was implied to the sudden rise of particular crypto prices without any solid foundation of demand and it was happening on Bitcoin and altcoins in the process of the so-called Bullrun on 2017-2018 and the bubble was burst very fast same as it was rising up. But if we compare today the Bitcoin and other cryptocurrencies except for Dogecoin have experienced an organic demand from institutional investors that's why Bitcoin growth today is not a bubble. But in the Dogecoin status, its price increases were artificially done by manipulating the supply and demand that's why for me it's a true Bubble that waiting to explode sooner or later.
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Yes, we hear this statement many times in crypto. But I think it's just manipulation and making a fuss about bitcoin and Dogecoin. I don't think all of that will explode because cryptocurrencies have had a lot of popularity over time. I believe crypto is a great asset and investment in the future.
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SafeMoon or Dogecoin and similar meme projects are all bubbles. Yeah, there are lots of legit projects which have working products. But in the crypto space "bubble coins" will always be there because of greedy people.
Thanks for your comments, I wish you give me some good facts or reasons why they are bubble and never get bursts simce these years. It was said that bitcoin was a bubble as i stated earlier, but up till date, it never burst, why?
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Since 2017 I have been hearing about crypto bubble,and especially the so called"The Bitcoin Bubble" that never was burst till date; and recently, I am again beginning to hear another atlcoin Bubble and now, THE DOGECOIN BUBBLE.
The first acclaimed bitcoin Bubble never burst, and I have come to the conclusion that there are no BUBBLE IN CRYPTO AT ALL. WHAT DO YOU THINK?
I think you missed the deep meaning of the word "crypto bubble" it was implied to the sudden rise of particular crypto prices without any solid foundation of demand and it was happening on Bitcoin and altcoins in the process of the so-called Bullrun on 2017-2018 and the bubble was burst very fast same as it was rising up. But if we compare today the Bitcoin and other cryptocurrencies except for Dogecoin have experienced an organic demand from institutional investors that's why Bitcoin growth today is not a bubble. But in the Dogecoin status, its price increases were artificially done by manipulating the supply and demand that's why for me it's a true Bubble that waiting to explode sooner or later.
If we analyze even deeper, we can come to the conclusion that the arrival of institutional investors on the cryptocurrency market also practically does not change anything in relation to the comparison of cryptocurrency with a financial bubble. These are just solid investors, however, they can also put up their cryptocurrency for sale at any time in order to protect themselves from larger losses if a difficult market situation arises.
The most important thing that characterizes cryptocurrency is the lack of material support and the rise in price by attracting additional investments. These are signs of a classic pyramid scheme. This is especially true for coins of a general direction with the main function of a means of payment and accumulation of value. In this regard, tokens that provide certain programs or conduct a business differ even more favorably. They are more like securities and therefore less like a financial bubble.
Timing does not affect membership in a financial pyramid and a financial bubble. It can exist for decades and not burst, and under certain conditions it may not burst at all.
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,,.... I have come to the conclusion that there are no BUBBLE IN CRYPTO AT ALL. WHAT DO YOU THINK?
Bubble
Definition:
A bubble is a type of market cycle marked by the rapid inflation of asset prices followed by a steep decline. They are caused mostly by increased and careless buying activity due to unrealistic market expectations. When no more investors are willing to buy assets at increased prices, selling activity increases, causing the bubble to burst.
Bubble is real. Not to mention some unknown and some popular cryptos.
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Since 2017 I have been hearing about crypto bubble,and especially the so called"The Bitcoin Bubble" that never was burst till date; and recently, I am again beginning to hear another atlcoin Bubble and now, THE DOGECOIN BUBBLE.
The first acclaimed bitcoin Bubble never burst, and I have come to the conclusion that there are no BUBBLE IN CRYPTO AT ALL. WHAT DO YOU THINK?
Just like you said. I believe people will want to say whatever they feel about something they dont like or dont want to invest in and like you said, what happened to the so called Bitcoin Bubble? is there no longer any Bubble? because Bitcoin is still going stronger, gaining more adoption so we just might see same for Dogecoin.
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I believe that the entire stock and cryptocurrency market over time begins to pump up and go beyond the fair price and then a bubble is inflated. Bubbles are the norm for the markets and after the bubble has deflated, there is a further natural rise and then a new bubble again. Everything happens cyclically and I think professionals can calculate it mathematically.
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I believe that the entire stock and cryptocurrency market over time begins to pump up and go beyond the fair price and then a bubble is inflated. Bubbles are the norm for the markets and after the bubble has deflated, there is a further natural rise and then a new bubble again. Everything happens cyclically and I think professionals can calculate it mathematically.
If this explanation is what is referred to as the So called Cryptocurrency Bubble, then there is nothing to worry about because the little that i know is that, there is always the ups and the down side of every market and if like you said there is up and down for the stock market too, why are they not calling out the stock market Bubble?
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I believe that the entire stock and cryptocurrency market over time begins to pump up and go beyond the fair price and then a bubble is inflated. Bubbles are the norm for the markets and after the bubble has deflated, there is a further natural rise and then a new bubble again. Everything happens cyclically and I think professionals can calculate it mathematically.
If this explanation is what is referred to as the So called Cryptocurrency Bubble, then there is nothing to worry about because the little that i know is that, there is always the ups and the down side of every market and if like you said there is up and down for the stock market too, why are they not calling out the stock market Bubble?
The concept of a Bubble can be used for any market, including the stock or cryptocurrency market, where it is possible to artificially pump up the price of an asset by any available means and ultimately make a profit. As a rule, the Bubble allows one group of people to earn money, at the expense of the majority.
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Those who have been in this field for a long time do not pay attention to it, this is usually said by those who do not understand anything about cryptocurrency, if you look at the latest news, then huge corporations buy bitcoin for billions of dollars, and after that it is difficult to call the cryptocurrency a " bubble".
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I think even though Bitcoin is not a bubble, or even DOGE is not a financial bubble if DOGE is accepted in the future, there are indeed many bubbles in the crypto sector. We can include projects that have failed after raising a huge amount of capital from ICOs or operating under the Ponzy model: Bitconnect, Envion, OneCoin, Ifan, PinCoin...
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Doge is one of the largest bubbles we can see. The problem will be when that bubble bursts and bankrupts those who invest without sense or knowledge. Many people expect a new candy from Elon Musk, but they don't seem to know that they won't get rich, Elon Musk will get richer, if they are lucky, they will only lose a few hundred dollars.
Yes, and I think that if the first acclaimed "Bitcoun Bubble"did not burst, I put it to you that BUBBLES could just be an ordinary form of expression but never burst or existed as the people always say. It is just price increase each time there are very high demand of any crypto whether bitcoin or altcoins generally. Thanks.
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I think you need to understand what crypto bubble means. the sudden pump of 2017 was crypto bubble. the sharp market movement in today crypto market is another crypto bubble. in general, crypto bubble is the sudden movement of the crypto market which some choose to call a bull market. so there is crypto bubble currently going on.
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SafeMoon or Dogecoin and similar meme projects are all bubbles. Yeah, there are lots of legit projects which have working products. But in the crypto space "bubble coins" will always be there because of greedy people.
Thanks for your comments, I wish you give me some good facts or reasons why they are bubble and never get bursts simce these years. It was said that bitcoin was a bubble as i stated earlier, but up till date, it never burst, why?
As u also know Bitcoin is created by great minds and it is the first of its kind and it has an incredible story. Yeah, too many still claim Bitcoin is also a bubble but I never thought so. It is the most profitable store of value. On the other side, meme coins or scam-like coins. They do not have any decent developer team, they do not have any useful product, they do not have a real community either a story. However, dogecoin in the long run may differ from the others. But still, its use case should be for micropayments, for instance, tips.
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Bubble can happen anytime to anything. This is an occurrence when the value we are ascribing to something is quite big or high and is not really commensurate to the asset's existing or present valuation. Can bubble burst? Of course, it can and here in the cryptocurrency market there is what we call as retracement or correction - the way for the market to deal with bubbles but does not really make the thing collapse by itself. As far as I know, we should not be afraid of bubbles but one must be careful because buying an asset when the value is already in ATH can be a trap and you have to wait for sometime for it to grow again.
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I believe that the entire stock and cryptocurrency market over time begins to pump up and go beyond the fair price and then a bubble is inflated. Bubbles are the norm for the markets and after the bubble has deflated, there is a further natural rise and then a new bubble again. Everything happens cyclically and I think professionals can calculate it mathematically.
If this explanation is what is referred to as the So called Cryptocurrency Bubble, then there is nothing to worry about because the little that i know is that, there is always the ups and the down side of every market and if like you said there is up and down for the stock market too, why are they not calling out the stock market Bubble?
The concept of a Bubble can be used for any market, including the stock or cryptocurrency market, where it is possible to artificially pump up the price of an asset by any available means and ultimately make a profit. As a rule, the Bubble allows one group of people to earn money, at the expense of the majority.
Yes, financial bubbles can be seen in many markets and there are especially many of them in the cryptocurrency market. They can burst periodically, while the price of a particular object can fall to different depths, sometimes to a complete depreciation. In the cryptocurrency market, this is a fairly common occurrence and the lifespan of a cryptocurrency before its bubble bursts is not decisive. So we have already seen the bubbles of bitcoin, but what will happen to the cryptocurrency next, especially after a long time, no one can know. This is a new financial phenomenon and it can both gain a foothold in our life and disappear over time, since it is influenced by a lot of external factors.
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The current bull run was fueled by defaults and bitcoin recovery, thanks to whales, institutional investors, and stimulus checks that were huge signs of recovery in the global market during 2021.
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Yes, these are just ordinary manipulators who say so as to scare people and various people say this, because when bitcoin appeared, they not invested in bitcoin and now they regret about it and they just make a fuss about bitcoin, that bitcoin is a bubble, and of course bitcoin is not a bubble, because the technologies and capabilities of bitcoin are already using in the real world and bitcoin has already been legalized in many countries.
Yes, I think it is just negative issue, to scare people that want to invest in bitcoin and other crypto currency. I think we all know about crypto currency. Pump and dump are Normal at crypto currency market. Bubble doesn't exist.
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Actually, to be honest, bubble exist, I've been in this space since 2016 and I must tell you that the ICOs in 2017 was a bubble that alter burst, and when it did, alot of people were affected, many people huge amount of monies which could have served other purposes in their life, the ICO bubble which burst lead to the birth of IEOs cus people no longer invested in ICO cus of fear of loosing their hard earned money to scammers.
So to cut the long story short, bubble does exist, and if you hold dogecoin, pray it's not a bubble cus if it is, it will eventually burst and alot of people are gonna loose money.
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Since 2017 I have been hearing about crypto bubble,and especially the so called"The Bitcoin Bubble" that never was burst till date; and recently, I am again beginning to hear another atlcoin Bubble and now, THE DOGECOIN BUBBLE.
The first acclaimed bitcoin Bubble never burst, and I have come to the conclusion that there are no BUBBLE IN CRYPTO AT ALL. WHAT DO YOU THINK?
Still everything can be. The fact is that there is no timeframe for the financial bubble to burst. However, cryptocurrency, in principle, has the qualities of such a bubble. It's just that cryptocurrency is a completely new, unexplored financial phenomenon. Therefore, no one knows how it will behave further. Now bitcoin is gaining a relatively high price, the risk of investing in it is growing.
Let's see what happens next. Nobody can be sure of anything.
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the bitcoin bubble that has never exploded until now in fact there was no financial bubble that burst because maybe cryptocurrensy is still new in the community but it seems that it is only a negative issue just to scare
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In fact, virtually all cryptocurrencies fall under the financial bubble category. Cryptocurrency is created from nothing, is not backed by anything, it is quite difficult to find its intrinsic value. We put money in it, and it grows in price. The classic financial pyramid.
However, cryptocurrency also has a number of features that make it difficult to say at all what kind of asset class it is.
Any cryptocurrency with any high capitalization and price can very quickly fall to the depreciation level, including Bitcoin. And how can it be called then?
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the bitcoin bubble that has never exploded until now in fact there was no financial bubble that burst because maybe cryptocurrensy is still new in the community but it seems that it is only a negative issue just to scare
agree, It will never happen. It just negative issue to scare people,
I never believe with this.
I think Bitcoin will more popular and gain popularity day by day until the digital era come.
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First of all, Bitcoin is not a bubble and it will never be. The is just a misinformation about crypto from those that are scared to venture into crypto, and may be because of it's market fluctuations. Crypto bubble has caused a lot confusing in the past 4years, but unfortunately the crypto bubble, as they aclaim, never burst till date. Crypto has come to stay and the moon is sure.
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I think it depends on the interpretation of the so-called bubble because, in my opinion, I believe the bubble has already burst many times, since 2017, Bitcoin Bubble is true when BTC price reach an all-time high in 2017 it burst and return to $3K level that was very fast and because of that, it will not consider as a normal price fluctuation that's why I believe its a bubble that burst.
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There is a bubble, but this bubble then recovers very well, we have already seen how it was that winter as the cryptocurrency quickly fell to the bottom, but then it began to recover.
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First of all, Bitcoin is not a bubble and it will never be. The is just a misinformation about crypto from those that are scared to venture into crypto, and may be because of it's market fluctuations. Crypto bubble has caused a lot confusing in the past 4years, but unfortunately the crypto bubble, as they aclaim, never burst till date. Crypto has come to stay and the moon is sure.
I always believed in crypto currency, if course bitcoin and never believe about bubble.
You're right, they just claimed about bubble and scared to people ,but bubble never burst till today.
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Cryptocurrency has all the properties of a financial bubble. But the cryptocurrency itself has its own characteristics. The world financial system has never known anything like it. We do not know how the cryptocurrency will behave in the future and whether our previous knowledge about financial bubbles can be applied to it. We ourselves have to choose whether to invest in cryptocurrency. However, in the meantime, the participants in this market make good money on it.
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Many people do not believe in cryptocurrency, which is why they say that this is all a bubble and a hoax. But if they study cryptocurrency, they will realize that this is not at all the case.
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I believe crypto is not a bubble it will not burst. In the last 4 years, I heard several times it's a bubble and investors will lose all their money but on the contrary, we can see many new millionaires made who are part of the crypto industry even we can see the adoption of crypto is getting faster and young generation is taking interest in the crypto market and it's a good sign for the crypto world.
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Cryptocurrency is a completely new phenomenon in the financial world and therefore it is not necessary to accurately apply to it everything that we knew earlier about money and the financial sphere in general. It has some of the properties of a financial bubble, but it may not manifest itself in this way, but as it happens in conventional finance. No one can say where the further development of the cryptocurrency will go and how long it will exist. This will largely depend on the general state of development of human civilization.
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Since 2017 I have been hearing about crypto bubble,and especially the so called"The Bitcoin Bubble" that never was burst till date; and recently, I am again beginning to hear another atlcoin Bubble and now, THE DOGECOIN BUBBLE.
The first acclaimed bitcoin Bubble never burst, and I have come to the conclusion that there are no BUBBLE IN CRYPTO AT ALL. WHAT DO YOU THINK?
What exactly are they referring to as a BUBBLE? It is a Hoax, not true, might all crumble one day? Well for those that don't understand the crypto space will continue to say this and will continue to miss out. Even Dogecoin with no use case has been around for quite a while now let alone Bitcoin which is the Genesis of it all.
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I also think the same. There is no bubble so it would never burst some people speak ill to affect the market and buy secretly the dip and make money so we have to ignore the statement of such peoples who says it is a bubble. People are very shrewd so they try to create the fUD and make money we should ignore such people.
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At this time now crypto is not bubble anymore and you can say it as many time you want without a doubt. This is because now almost everyone related to internet any online business knows crypto very well and at so many places it already accepted as a payment now.
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There are many varieties and flavors of FUD concerning crypto, and especially concerning bitcoin. As time goes on, it's becoming apparent that the erstwhile naysayers are now joining up the crypto rank and file, especially celebrities
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I don't know each person's definition of a bubble, but to me crypto or the stock markets are also bubbles inflated by whales. Crypto has a small cap so the manipulation is bigger compared to other markets. Currently we can see the bubble has been inflated quite large and will soon reach and burst in 2022.
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So far, one thing is clear: what we knew about financial bubbles practically does not work in the cryptocurrency market. In addition, it should be borne in mind that the cryptocurrency is a little over ten years old. This time is not enough for a complete analysis of her work. In the future, anything can happen. I am especially worried about bitcoin. People expect its further price growth, although it has already risen in price quite high. If you assess the situation from the perspective of the ordinary market, then investing in bitcoin is already quite risky. But what will happen in practice, we do not yet know.
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I don’t think bitcoin could end up in a bubble. Perhaps certain users who do not believe in cryptocurrency can answer like this. Taking the same Doge cryptocurrency is not a bubble at all! Once countries have accepted bitcoin, the picture will become clear. After bitcoin reaches a rate above 500k dollars, then it will become clearer to many, namely, that bitcoin is not a bubble.
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Of course, there is no cryptocurrency bubble. This is what people who are not familiar with and do not believe in cryptocurrency say.
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As far as I'm concerned, the time for bubbles has elapsed. It's time for serious business. More deliberate and intentional approach is needed to be able to manage the crypto skills and requirements. To mention the most important thing is to stay updated and be ready to learn always. I basically upgrade my crypto knowledge with Bitay academy. Bitay has been proving to be the next generation exchange with it's sophisticated and robust trading system. Bitay coin would be launching soon, another binance coin in the making... Keep an eye on it.
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I don't know each person's definition of a bubble, but to me crypto or the stock markets are also bubbles inflated by whales. Crypto has a small cap so the manipulation is bigger compared to other markets. Currently we can see the bubble has been inflated quite large and will soon reach and burst in 2022.
If you talking about whales , I agree.
I think whales bubbles crypto and stock market.
But several people said fiat is Bublé.
I think It depends on definition of Bublé .
In my opinion Bublé or not, whales always become the main reason why crypto pumps or not.
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I also think the same. There is no bubble so it would never burst some people speak ill to affect the market and buy secretly the dip and make money so we have to ignore the statement of such peoples who says it is a bubble. People are very shrewd so they try to create the fUD and make money we should ignore such people.
Yeah, I think whales always share FUD to buy the dip.
I agree with you, we should ignore this.
Talking about buble, I think there is no bubble, maybe dogecoin is one of bubble coin, But I see it is more stable.
People is more know about this situation.
They just buy FOMO for short term.
It's whales strategy to pump and dump the coins.