Hello all my Steemit Friends !!!
In this Blog we will discuss about Is BITCOIN really Bubble or is it Boost?
We will try our best to make you understand.
As we are seeing that BITCOIN and other Crypto Currency are the Trending among all markets from around last so many years.
We have seen that many People used to say that BITCOIN is a bubble. But according to my study We can't say BITCOIN is a bubble.
So let me explain you my views about it :
We can define Bubble as a quantitatively it is an exponential increase in a price over a short period time only.
So by quantitative perspective BITCOIN can be said as a Bubble.
But I will explain it by one another perspective also.
Now by going through Qualitative analysis I don't think Bitcoin is a bubble.
Now let me explain in detail :
Certainly Bitcoin has been impacted by reinforcing loop and that is a feature of bubbles. But it would structurally differs in many key areas from a bubble in many regards. Increase in continuous Price is a combination of low availability and lack of liquidity. And Most of the Current Bitcoin holders don't want to sell their Bitcoin's.
But to the extent new supply also exists. And it generally comes from miners.
So the continuous rise in price reflects that the most of the holders don't want to sell their Coins and that makes a situation like high demand and less supply. That type of situation makes Price to Increase.
So basically in easy terms we can say increase in the Price of Bitcoin occur when there are not many sellers willing to sell their Coins. And there are holders which relatively immune the psychologically to falling prices. Because of their Belief that Bitcoin will change the world.
As a whole BITCOIN and other Crypto Currency are a type of digital Currency which are used as a payment method and from my point of view they will gonna replace the banking service in future.
I hope you have understood something about this. I tried my best to make you understand in a short time.
Now tell me What you all think is BITCOIN a Bubble or a Boost?
Bubble
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@sarcasticbro bro it's not a bubble.. plz study more on this
I understand little again.. i need more information like this to fully grasp my understanding in crytocurrency.. thanks friend!
following you and follow me and upvote . coment
@maquemali surely buddy i will come up with more information. I will make you full crypto analysit slowly.
Bitcoin is the future
Those who understand will earn money in future and those who
don't understand will pay that money in future.
@thepaperboy very right said by you. Bitcoin is definitely a future
good blog @kmayegaindia
bitcoin bubble soon i hope.
@a123araf i don't think bro you are right
Hi i gave you an upvote dont forget to follow me for future upvotes & i always follow back
fb/john.thephotoeditor.56
@johnkhaan i will but asking here like this is against steemit policy.
Future will tell.........
Upvote comment and fallow as I done for you.
@helloplanet present is showing how future will be.
Nice study
@somasekhar thanx for your kind words
Upvote comment and fallow as I done for you.
I think bitcoin will touch the moon soon. Bitcoin has the big market and soon it will be in the high range and make the history.
@sandeshsharma yes crypto is a future and it will touch the moon for sure.
It's a bubble..
@shamim1992 bro i will advice you to study more
bitcoin very soon recover market
plese upvote me
@aman98115 yes recovering
Who say bitcoin is bubble?
1.They never study about bitcoin.
2.They never understand the technology behind the bitcoin.
3.They see only price volatility.
@kumarsanu yes bro i am definitely agree with you. You really gave a very nice concept.
Nice blog buddy... bitcoin will change the world..!!!
@sam0014 yes bitcoin has already started making future
No definitely not a bubble..
@pankuvirat yes you are true buddy
thanks really. Are u struggling here as me?
Its looking intresting post bro @kmayegaindia i think bitcoin has a bubble
Bitcoin is not a bubble it is a future centric currency you have to use bitcoin in some day.
@dpalash124 yes full blockchain is a future.. blockchain gonna will replace all other system
i feel this due to effect of future investores
@jayminvekariya you are little bit with future investors
Good information for me ... 😊
Upvote follow me n comnt on ur my post i will do 4 u same.
https://steemit.com/@rubi0102
Whether or not the bitcoin is a bubble, the future will be decided.but Bitcoin trading is zero Sum game.
@jiva yes future will decide all
Great work.hope we can see high jump in crypto very soon...keep supporting@kmayegaindia
@bhavikpatel74055 yes crypto is already starting to jump
Which coin we can buy this time?
@kmayegaindia bitcoin is not bubble.i think this is a future concept.this concept is change the all world.
@moneymakingguru yes this concept is changing the world
Ru
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You are share very good information about bitcoin.
Bitcoin is not a bubble. Its a pin. By the way great post mate. Keep it up
@dhanjkalita thanx for your kind words.
Good post man
Good info..can you also make a post on how tobuy and sell crypto in india?
@mrgeeksunited i will try to make soon
I understood bitcoin replace banks but it takes lots of duration of time. any way thanks for sharing information.
gud info
Good one brother
now not so much interested in cryptocurrency....nice post
@sonu4012 bro start making interest in crypto.. it's a revolutionary phase..
Nice post
@kmayegaindia i think so.. Bitcoin has that potential to rule....
@secretsuperstaar yes bitcoin has very much potential.
its a future payment method.
just a start, its going to maturity level very soon then everybody accept it...
@abbasi1986 yes at many places it's current payment method also
oh yah ...
basically its already start .....
its like a child he just start walking.. so he try to walk sometine its ley down and people think its a bubble
Depend on RBI decision
@yukta2018 RBI decision doesn't make any sense to it.
@kmayegaindia I think it's a bubble!
@rhn268 no mate.. study more
@kmayegaindia when Btc break our ATH record
@akbarshakeel no fix time for breaking ATH. But i think it will break in this year
That type of situation makes Price to Increase.
@rahul7734 many things makes price to increase
Bitcoin is revolutionary product of blockchain
@vish22i bitcoin is a revolution of 21st century.
Bitcoin is boost,and future for payment gateway
Done....
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@minnowsupport i am glad to se you in my blog. Great movement for me.. i am looking forward to see you more in my blogs.
I hope you will come with more information .
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I have never categorised bitcoin as a bubble. It is so much better more than that
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Target 1000 @anixon wonderful wonderful wonderful
Nice info👌
You follow me i also follow you
Intrested pepole reply me👍😊
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