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Topic: Are we in another Bubble? when will it Burst (Read 692 times)

full member
Activity: 532
Merit: 107
January 06, 2021, 01:44:52 AM
#69
Indeed it is a bubble, and It might burst anytime, nobody knows. If we look back 20k was top in 2017, but this time it will be $50k in 2021. Then Bitcoin will have a nose dive back to $10k, then slowly will go up towards $100k. That's what I think will happens in current circle. However It might bitcoin straight shoot up to $100k. Anything possible
legendary
Activity: 3122
Merit: 1140
History has never favored Bitcoin in January

Nonsense. The price tripled in January 2011, rose by over 50% in Jan 2013, and rose over 33% last January.

It has never fallen by that much in any January.

They are just simply looking back or trying to compare prices on peaks and assuming that it is dropping on that month without even realizing that it is still on the positive side of things.People just dont know
on how to look into those charts and having some impressions that it never performed well in january but to see that it is still on the gaining side.People are having the same impressions that they are now
seeing currently in the market. It crashed? No, we are still on the positive side but as we all know that price can really correct up this way. Bubble burst? Lets talk about that when we headed
back to 10-13k price on what we have seen into those  previous months before we had climbed up this far.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
When people say "bubble" idk it fills me with rage. It sounds really stupid. If you believe in bubbles then rather use fiat. Bubble heads only care for profits. Crypto is no bubble. A Ponzi is a bubble. Bitcoin will not crash because it is not a Ponzi. Very simple. If you worried about losing profits just split the bitcoin and USD. Always go with your gut.
Bubble they say because they Have no Funds to invest lol, Because they are Bitter not Buying when the value is still cheap so what they do now is questioning the Pump that made them frustrated in they wrong decision.

and maybe some of them are RIPPLE supporters that have very difficult situation now.

Bitcoin now has REAL INVESTORS ,meaning no Bubble and no hyping no manipulation but Pure Investin.g
To me that plays a big role, there are many studies that show that people are very envious, they cannot accept that someone is doing better than them even if they deserve what they are getting so they actively try to ruin things for the successful person, as such many people cannot accept they had years to buy bitcoin for relatively low prices and that they could have become rich in a short amount of time if they decided to do so.

And since they cannot turn back time then they do the only ting available to them, they begin to call bitcoin a bubble in order to protect their egos and see if they can see those that are successful in this market suffer when the price goes down.
hero member
Activity: 2996
Merit: 609
Technical analysis is 99% hinged on the fact that history will repeat itself
History has never favored Bitcoin in January 👌
Will  January of 2021 be an exception or obey the tradition of History .
 If history will repeat it self when will this bubble burst? 🤩🥳
Like the popular  saying Buy the  Rumour Sell the News

Shorters get ready..

NO, It’s Not a financial advice 😋

Take this thing on a pinch of salt.Yes, high probabilties that there might be some sort of huge correction in month of January but doesnt mean that every year we would really
be seeing those kind of circumstances.

Bubble? I dont consider for this sudden rise as a bubble and if you do base up on how many had been adopting bitcoin then you would really tell that this isnt similar
into those old years that we dont even know on whats the reason of such rise.

Now, we can safely tell that institutional money had flowed through this market.
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
History has never favored Bitcoin in January

Nonsense. The price tripled in January 2011, rose by over 50% in Jan 2013, and rose over 33% last January.

It has never fallen by that much in any January.
jr. member
Activity: 70
Merit: 1
I think January could be very good for Bitcoin and will help it reach the $50K mark or at least anywhere near it. But after that, I'm not very confident that it can rise further. People will start selling it eventually and there are high chances that the bubble could burst in Feb. But I certainly hope that this doesn't happen.
newbie
Activity: 1
Merit: 0
I pray to end the bull market, it’s too crazy!
Especially i don't have bitcoin...
sr. member
Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform
The price will drop but its not a bubble, if you done your own research where in the second phase of a big bullrun. Yeah sure a short term pullback will happen but Bitcoin's price will never go back to $10k. If you're a weak hand goodluck with that but shorting instead of accumulating and buying dips is a good move in long term perspective.
Exactly, bubble by definition is quick increase in value which followed by a crash that is impossible to bounce back. Remember the South Sea and Tulip Bubble they never bounced back. I think that a pullback will be healthy for the market because that means that supply is sort of replenished.

My personal take on the title is no we are not in a bubble, if we are in the first place then the prices right now is impossible and bitcoin will just be another failure, the burst will not happen because there is no bubble after all.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
When people say "bubble" idk it fills me with rage. It sounds really stupid. If you believe in bubbles then rather use fiat. Bubble heads only care for profits. Crypto is no bubble. A Ponzi is a bubble. Bitcoin will not crash because it is not a Ponzi. Very simple. If you worried about losing profits just split the bitcoin and USD. Always go with your gut.
Bubble they say because they Have no Funds to invest lol, Because they are Bitter not Buying when the value is still cheap so what they do now is questioning the Pump that made them frustrated in they wrong decision.

and maybe some of them are RIPPLE supporters that have very difficult situation now.

Bitcoin now has REAL INVESTORS ,meaning no Bubble and no hyping no manipulation but Pure Investin.g
full member
Activity: 1274
Merit: 115
★Bitvest.io★ Play Plinko or Invest!
Just another regular question for BTC but with different choice of words.
No one really knows when would the price crash down so we should just learn to analyze it for our own.
We are all in the same boat in here no one knows what would happen next.
sr. member
Activity: 906
Merit: 263
When people say "bubble" idk it fills me with rage. It sounds really stupid. If you believe in bubbles then rather use fiat. Bubble heads only care for profits. Crypto is no bubble. A Ponzi is a bubble. Bitcoin will not crash because it is not a Ponzi. Very simple. If you worried about losing profits just split the bitcoin and USD. Always go with your gut.
sr. member
Activity: 1666
Merit: 268
I don't agree if the increase in the Bitcoin price that is happening right now is another bubble, because the current increase in Bitcoin is
very different from what happened in 2017. If we do research and analysis properly, will discover some facts that Bitcoin fundamentals
are currently much stronger than they were in 2017.

It can be seen from the investors who bought Bitcoin which are big companies with a large market cap. Likewise many rich people around
the world buy Bitcoin, one of Mexican billionaires Ricardo Salinas Pliego is investing 10% of his total wealth. So I don't believe that the current
rise in Bitcoin is a bubble and is about to burst.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
Actually no one knows if this is just kinda sort of another bubble again and if it is, then when it will burst, with that, no one literally knows. That is kinda a difficult and tricky question to ask for we are just being surprised by the market bull run happening that seems to be on start and we are still not reaching the peak of it. Many of us are anticipating the possible dump to happen despite of the continuous pump that we are having right now since many of us have learned the lessen from the last bull run so most of us are surely gradually putting and pulling out to secure profit so if ever the same thing happens once again, at least we are on the safe track. With regards to the bubble burst, no one knows when that is why we must keep on observation but as of now, we must see into it to grab any possible opening of opportunities to get along with this bull run to gain profit while it is still possible to get along.
sr. member
Activity: 1638
Merit: 261
Whoever says bitcoin is bubble has not done enough research about Bitcoin and had it been bubble it will not be active for so many years and when the market crashes it doesn't mean bubble has bursted and if we consider drop in the value as bubble burst then what do we call it when it bounces back?

This will never burst since it's not bubble and eventually everyone will understand the fact it's just an attempt to instill fear in user's mind.
jr. member
Activity: 66
Merit: 1
I don't think Bitcoin will go down much during the correction. I expect not more than $1000-1500 below 30k. Anyway, I'm going to use the occasion to get more $BTC
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
Technical analysis is 99% hinged on the fact that history will repeat itself
History has never favored Bitcoin in January 👌
Will  January of 2021 be an exception or obey the tradition of History .
 If history will repeat it self when will this bubble burst? 🤩🥳
Like the popular  saying Buy the  Rumour Sell the News

Shorters get ready..

NO, It’s Not a financial advice 😋
There are too few data points to make the conclusion that just because it is January the price of bitcoin will go down, I know that is what happened during the last bull run but history never repeats itself perfectly, most people remember the end of 2017 but the bull run actually began at the end of 2016 if we are going to use your argument about history then there could still be many more months ahead of growth as this bull run did not officially started until October of 2020.

As you can see we can always draw from history something that validates our opinion about what will happen, so the best thing to do is instead to ignore it and concentrate on what we have ahead of us.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
Technical analysis is 99% hinged on the fact that history will repeat itself
History has never favored Bitcoin in January 👌
Will  January of 2021 be an exception or obey the tradition of History .
If you want to follow that history repeating itself, then you should remember how Bitcoin got to ATH in Dec of 2017, a post halving year. We can witness correction in January but it won't be anything near a dump. 2021 is another post halving year. History repeating itself will mean we should be looking at Dec for a great ATH.


Shorters get ready..
Too early to start thinking of shorting Bitcoin now. You will miss the train once you sell off, except you're really talented at trading.

NO, It’s Not a financial advice 😋
But of course, it shouldn't even cross anyone's mind to take it as a financial advice seeing that your account is newbie.
legendary
Activity: 3010
Merit: 1280
Get $2100 deposit bonuses & 60 FS
Indeed Bitcoin is in another bubble but the good thing is, it is yet to burst.  We are still in the early phase of its inflation unless something drastic happens like institution shorting or authority trying to manipulate the price and other unexpected events, the price surge will continue. So it is not time yet for the Bitcoin bubble to burst in this cycle.



I don't think it's into the bubble stage yet. because Bitcoin is just back in late 2020 and Bitcoin is doing very well right now and in my opinion, the world economy is getting very tough with the Covid-19 epidemic and People are very shy about communicating with each other, so Bitcoin has emerged with superiority. so it will increase so let's just have fun and welcome the happiness that Bitcoin brings.

I wonder what you call a sudden surge of Bitcoin price in just a short span of time?
copper member
Activity: 238
Merit: 1
Buy Bitcoin in Dubai | Buy Bitcoin in Istanbul
Will  January of 2021 be an exception or obey the tradition of History .
 If history will repeat it self when will this bubble burst? 🤩🥳
I do not think that history will repeat itself. Now it is different than the last time Bitcoin reached ATH. People and institutions now are unanimous about Bitcoin. I do not see a strong threat to Bitcoin.
full member
Activity: 1582
Merit: 101
Yes it can happen again but let's hope that this time it won't happen. We can see right now that the price of Bitcoin keeps increasing and some people are waiting for price correction which is a good opportunity to buy Bitcoin.

Yea, that may be but i think sometimes history brake down and situation also different now. Yea, price may be correction but i think for situation it will hit atleast 40k$ as it rolling many days to 30k$. Actually in recent days is very much vital time for BTC market.Here up and down both can be happen but i always in positive site in this time.

thanks.
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