Quote from: akash15785 on November 18, 2017, 02:58:23 PM

Well, that was 2000, now it's 2017. Bitcoin technology is much secure and advanced than ever. Also, another plus point is, around 1/5th of peoples around globes(I guess), knows what is bitcoin and what's its future. Every day, thousands of new peoples joining bitcoin community. What do you think, why they're joining. Because many experienced economists already predicted that there will be 5-10X rise in value after 2018. So, no, I don't want to withdraw my bitcoin yet. Let wealth grow day by day..

Cheers for some bright future my friend..

Technology has nothing to do with it. Nor does "security"
Probably you haven't bothered to read the whole paragraph or you have no clue what the dot bubble was.
And your phrasing makes BTC indeed sound like a bubble more than defending it:

Quote

Let wealth grow day by day.

This can't go on forever.

Quote from: freightjoe on November 18, 2017, 03:10:32 PM

Once Bitcoin starts to go down, the your strategy of hold and wait will no longer work. Many people who are now invested in Bitcoin are not rich people. When bitcoin is slowly going down then at some point they have to sell in order to pay the rent for their housing, or food or clothing or tuition. That forces some of the small investors to sell, lowering the price more - and on and on it goes.

Actually it is you who is making the wrong assumption here.
If they did buy bitcoin and are ready to wait 1-2 maybe 4 years that doesn't make them unable to pay their rent next month as either way they would still have their money "captive" in their investment.
Small investors here usually have juts enough they afford to lose, the number of those that have taken mortgages to buy coins can be counted by an average monkey

Quote from: KuromaYoichi on November 18, 2017, 04:02:05 PM

seems like everytime we got a new ath people start saying it's a bubble.

Well, when did the other bubbles pop? Not just after an ath?
That is a definition of a bubble, a bubble won't go bust after an all time low.
So if you want to make a prediction and have people cheer you as an "expert'" this one is a safe bet.