Bitcoin Bubble Opinion – How Blockchain & A Crypto Crash ...
Bitcoin Bubble Opinion – How Blockchain & A Crypto Crash ...
The Bitcoin Bubble Is On - Forbes
Yep, Bitcoin Was a Bubble. And It Popped. - Bloomberg
Is Bitcoin A Bubble? If So, When Will The Bitcoin Bubble ...
Bitcoin Bubble, Toil and Trouble? - Foundation for ...
Bitcoin - The Currency of the Internet
A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
It is July 6, 2020, and a bubble is indeed about to burst in the Bitcoin world. It is not the Bitcoin bubble, because Bitcoin is not a bubble. On the other hand, the anti-Bitcoin bubble is about to burst as I explain here in detail: "The Anti-Bitcoin Bubble Is About to Burst". We can see that the historical opponents of Bitcoin are changing positions one after the other. More and more institutional investors are now buying Bitcoin to hedge against the great monetary inflation that is currently taking place. Pragmatism is taking over the hatred of some towards Bitcoin. You can't fight the fastest horse in the race for profits indefinitely, in the words of macro investor Paul Tudor Jones. In a few months, the anti-Bitcoin bubble will have burst in my opinion. The fiercest opponents will have to face the facts: Bitcoin is here to stay! Footnotes The Anti-Bitcoin Bubble Is About to Burst Bitcoin Is the Fastest Horse in the Profits Race
03-26 11:04 - 'Is the bitcoin bubble about to burst?' (self.Bitcoin) by /u/jennifermiu removed from /r/Bitcoin within 96-106min
''' Hi. Here is the BitOffer Analysis: Firstly, a financial bubble can be defined as “an increase in asset prices that can’t be justified by its fundamentals.” So, an economic bubble is trading in an asset at a price or price range that strongly exceeds the asset's intrinsic value. In our financial history, we have example of a typical bubble: Dutch Tulip Bulb Mania 1636-1637 How much of a bubble is Bitcoin? This is hard to know, as bubbles are often conclusively identified only in retrospect, once a sudden drop in prices has occurred. As of now, several things are clear: bitcoin fundamentals are rapidly increasing every year, as there are thousands of brilliant open-source developers and contributors who are working hard on improving the Bitcoin ecosystem daily. On the other hand, Bitcoin certainly checks some characteristics of a bubble but it also has experienced numerous speculative boom and bust cycles (Bitcoin bubbles) in the past. Bitcoin is the only speculative product that has fallen to the bottom and been restarted several times in human history and it is a young asset class which go through numerous price bubbles. For more Bitcoin news, you can follow me or start following BitOffer on telegram. ''' Is the bitcoin bubble about to burst? Go1dfish undelete link unreddit undelete link Author: jennifermiu
“One of the untold stories of the past few years is that the CFTC, the Treasury, the SEC and the [National Economic Council] director at the time, Gary Cohn, believed that the launch of bitcoin [btc] futures would have the impact of popping the bitcoin bubble. And it worked.”
Christopher Giancarlo, who left the U.S. Commodity Futures Trading Commission (CFTC) at the end of his five-year term as chairman in April, told CoinDesk in an interview:
“One of the untold stories of the past few years is that the CFTC, the Treasury, the SEC and the [National Economic Council] director at the time, Gary Cohn, believed that the launch of bitcoin futures would have the impact of popping the bitcoin bubble. And it worked.”
Reality check: The US Govt manipulated the market in late 2017/early 2018 using futures and derivatives to actively try to "pop the bubble" (and it worked). Why the hell would you want to destroy the market other than to throw more sand in the engine to try to stop it? Now, ask yourselves, who were the biggest proponents of all the futures markets, BAKKT, CME, CBOE, etc? That's right, you know who - Adam Back, Blockstream, etc. I mean he and others have practically been cheerleaders to this type of market manipulation coming to BTC/Bitcoin. Why the fuck would they want to do this? For some other salient points, watch the Bix Weir video on this topic: https://www.youtube.com/watch?v=Wl48ytkZhMA
‘The Bitcoin bubble may ultimately turn out to be a distraction from the true significance of the blockchain.’
Beyond the Bitcoin Bubble This article does a great job of tackling what is the blockchain. This is about a month old, however very relevant. The price of the various cryptocurrencies (more formally known as "cryptographically secured digital assets" which don't all behave like currencies at all) is mainly that which we see rather than the underlying tech we want to see.
So everyone is talking about the BTC bubble bursting very soon. How is this supposed to happen? I don't quiet understand. It's not like a share of a company, that could do some bullshit and go bancrupt. It's a currency with a limited maximum amount. So why should it crash?
Instead, the fundamental value of Bitcoin and other cryptocurrencies need not be fully known to all the participants in crypto-asset markets but is, rather, the subject of continuous, unceasing discovery that is apparent on multiple levels.What we are seeing with the Bitcoin price, according to the dynamist interpretation, is not an irrational bubble, but a reflection of price discovery ... This comment was echoed by a pseudonymous Bitcoin trader, who said that Ethereum and Bitcoin could see a “small pump” when “it”—referencing the recent DeFi bubble—“all comes crashing ... What Should You Know About The Bitcoin Bubble? As of June 11 th, 2017, BTC in USD is equal to $3,018.54.In July of 2010, the average price of one BTC in USD was roughly around $0.08. Now we aren’t some sort of crazy genius economy majors or market experts, but that is a pretty huge increase in value! In the great Bitcoin bubble of late 2017, the honor goes to John McAfee, founder of computer security company McAfee LLC, and passionate cryptocurrency evangelist. On Dec 7, 2017, he wrote ... Whatever the reason for the rapidly rising Bitcoin price, it’s escalating and moving to levels I’ve predicted – but at a faster pace than I was expecting.
Have you ever wondered what the BITCOIN bubble will look like when it finally... POPS? What clues will you look out for? Well, guess no longer as I shall try and answer it in this video. For more ... Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. Thanks for your support guys. Best community ever BTC 1FGCMQV8ZGehJC3UswKpzvzo99ZHaENxJq ETH 0x6d428fcc3398545f5bf25be8b2fa9205a8b13f92 Don't forget to like and ... Is Bitcoin entering a bubble right now? How will we know objectively that bitcoin has become another bubble similar to the years in 2017 and 2013. In this vi... Bitcoin has seen a massive increase in value since its humble beginnings not too long ago. But many are saying the cryptocurrency isn't going to keep that value for much longer. What will it take ...