Bitcoin, is it really just a bubble?

[Rabia]

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?

[BenWhite]

It's not should be said so since bitcoin has world power as mother of cryptocurriences.

[bacaran]

every investment tool on the market is balloon, in fact, the prelude dose, which applies to the entire monetary system, for real estate industry or other real investment tools. We've been through this many times.

[fbmania]

I do not think it's a balloon

[UNIVERSE]

I also don't expect Bitcoin to be a bubble or not. What is clear now is the price of all coins, especially Bitcoin, tends to fall and continue to fall every week. I don't know what the cause is, what is clear is that this is very worrying for Bitcoin Investors, especially myself.

[emma.lee1890]

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?

For now I would not say that bitcoin is going to pop in sooner time, cause of it is just in the beginning, people are investing huge money in it with expectation to get even huger money from that investment.

[emma.lee1890]

It's not should be said so since bitcoin has world power as mother of cryptocurriences.

The value of it relies clearly on the blockchain, a fantastic technology. IMO Bitcoin price will continue to rise, until at least the end of 2018.

[emma.lee1890]

every investment tool on the market is balloon, in fact, the prelude dose, which applies to the entire monetary system, for real estate industry or other real investment tools. We've been through this many times.

It is true that bitcoin price has rose by over 10x within this year which is quite hard to believe but that growth was backed by real adoption of bitcoin technology

[emma.lee1890]

I do not think it's a balloon

Bitcoin is not a bubble. Bitcoin is the currency of the virtual world. On wall Street do not understand.

[emma.lee1890]

I also don't expect Bitcoin to be a bubble or not. What is clear now is the price of all coins, especially Bitcoin, tends to fall and continue to fall every week. I don't know what the cause is, what is clear is that this is very worrying for Bitcoin Investors, especially myself.

This is when demand of bitcoin will drop and so will the price. A lot of people were excited when bitcoin hit 10k as it goes on people will forget about it as it seems too hard to get into as an investment.

[Altcoinstalks User]

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?

The possibility of Bitcoin being not a bubble is its stabilized price. It doesn't reach zero and its blockchain technology and decentralization concept sure has its price.

[Jetski]

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 real and has its own value that you can really trust to invest in any time and terms you like to invest.

[Elaine99M]

I don't think bitcoin is just a bubble because since from the time it was created, it has already a value and was used as payment. Year after year bitcoin value is increasing until now, which is already 6.2KUSD. And it is almost 10 years that bitcoin always proves to everyone that it exist not just like a bubble. Though how many times it dipped but still it can recover.

[Goku01]

I don't think bitcoin is only a balloon in light of the fact that since from the time it was made, it has as of now an esteem and was utilized as installment.Nowadays Samsung allows to buy their products  using Bitcoin in some countries. After a seemingly endless amount of time bitcoin esteem is expanding as of not long ago, which is now around 6.2KUSD(approximate).It is right around 10 years that bitcoin dependably demonstrates to everybody that it exist not simply like an balloon. Despite the fact that how frequently it plunged yet at the same time it can recuperate.

[Sentinel]

I also think the same thing for the past month, because the price of bitcoin still doesn't rise. There is a sense of worry if someday bitcoin will explode and have no future. Because I see the current market is always red and still red.