Money Talk

Is BTC a bubble?

Submitted by Studo, , Thread ID: 66278

Thread Closed
23-12-2017, 01:51 AM
#1
I don't think it is...
Whenever it forks, people freak out.

But, when you look at a graph, it forks then goes up, then forks and goes up.

Post your thoughts here.

( Is forking the right word for when it drops? Tongue)

RE: Is BTC a bubble?

#2
I think it's a bubble that keeps going up but then goes down again by the wind.
I think it's a bubble that could be popped one day by that wind. Smile

Also i think "crashing" fits better than forking because the price of BTC goes down ALOT when it goes down

RE: Is BTC a bubble?

#3
It's a bubble, just don't mine them, you're wasting your precious time in a virtual coin.

RE: Is BTC a bubble?

#4
Ya ya its biggest bubble, you guys don't buy it. ....
[Image: mEdN04.gif]

RE: Is BTC a bubble?

#5
It is but it isn't, the way it should be described is that it is a high risk stock exchange. I personally make a decent amount of $$ from buying/selling BTC but others buy and hold. It also is starting to be accepted more by bigger companies and more renown companies. HOWEVER, if anyone puts money into BTC in hopes of becoming a millionaire, its not going to happen. It also should be stated that you only put money into BTC if you can afford to lose it. BTC can crash in a week and then people are screwed. Is it likely? no not at all but its a small possibility none the less.

RE: Is BTC a bubble?

#6
It may be, there was a video on YT explaining something about it

RE: Is BTC a bubble?

#7
23-12-2017, 09:57 PM
sinertex Wrote:
It may be, there was a video on YT explaining something about it

It's a bubble but it will also stabilize after the boom. For it to be used mindstream, the price must come down. And yes, i know you can split one coin into satoshis blah blah blah. Listen, the price must come down and stabilize. Its just how things work. Else it will neverbe taken seriously.

RE: Is BTC a bubble?

#8
It's a risky business, not a bubble. Bubbles are things generated by governments and banks, bitcoin is a decentralized currency.

RE: Is BTC a bubble?

#9
How much is one bitcoin worth? i have no clue and it's really bugging me since all it does is fluctuate.

RE: Is BTC a bubble?

#10
It's not a bubble - and if it were, it would not be nearly close enough to bursting.

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