Topic: Bitcoin's bubble is going to be corrected - Update #3 - page 14. (Read 2403 times)
Bitcoin's price is very expensive right now, What causes the price to soar like today, what amazing chart. it will keep going up anytime it will. it's a monster of cryptocurrency, get yours before too late, fill your bag with bitcoin.!!
Always see this kind of post of FUD everytime bitcoin rallies, It's normal if bitcoin price correct but calling it a bubble don't think so that will burst and crash don't think so. Price of bitcoin is volatile but as of now we cannot really tell why all this rally happening and it's scary but I don't think it's a bubble, maybe more people now are into bitcoin that's why the demand is high.
The bitcoin-bubble will not burst. Soon it will be blown off a bit. Maybe 20-30 percent. And then it will start to inflate again. Everyone can call a crypto currency a bubble, but it will not make it worse
Let that bubble burst if you believe that bitcoin is a bubble. This has been said thousand times and look on where bitcoin is, still thinking that bitcoin is a bubble? Comparing the chart from few years ago? You can have that technical analysis and comparison but we had different thoughts about bitcoin. If bitcoin is a bubble from this years mid run it should pop but what happened, it didn't. So when it reached $14,000 , $15,000 - $20,000 - $100,000 - $1,000,000 it is still a bubble?
standing ovation!!! It's just my thought. I really cannot understand why such a simple, yet powerful, analysis you made is not understood by so many people who still believe that Bitcoin is nothing else than a bubble ready to destroy the world's finances.
Well if it is a bubble why bitcoin is still rising until this day? Yes i admit bitcoin's price rose very quick and i don't know whatever the reason of the very huge boost but i do kow the there will be a price correction sometime in 2018 but I am worried on how huge will be lost on bitcoin 50%? 60% this is my speculation on how huge the correction will be if the correction happens although it will be a good opportunity to buy bitcoins though
The "bubble" may happen so fast that maybe we won't have the time to see it and do any interaction. There is so strong demand of Bitcoin that i think it won't crash so easily now. Look at when Bitcoin was $11000. It did go a little down, but just for 1 or 2 hours! We all hope to be able to buy Bitcoin at a lower price. But we maybe not have the occasion to do it... The crash should be enormous and the demand should slow down if you want to see a bubble i think.
Charts and technical analysis just doesn't work in Bitcoin so far, in particular the most recent run after it's hitting 11k. We used to have a correction of Bitcoin after a sharp spike, not happening so far. What I worried is whether there will be a much bigger correction coming soon after the futures market are open. Anyway, if it did happen, it's an opportunity to get back on the train again, I got off far too early 
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.In my opinion, it will take some time. I believe that until the end of 2018 Bitcoin will grow even stronger and will be worth more than $ 15,000, and what will happen next year will be a specimen.
Even in this topic, opinions are divided. The brain understands that constant growth without an economic reason is not possible, by the rules of the market will correlate. But the eyes see that the price goes higher and higher and higher. And the eyes do not believe the brain, because the growth is frenzied. I'm not an expert, but in my opinion in January there will be a 30% drop. Big investors can not always buy coins, which hundreds enter the market.
Let that bubble burst if you believe that bitcoin is a bubble. This has been said thousand times and look on where bitcoin is, still thinking that bitcoin is a bubble? Comparing the chart from few years ago? You can have that technical analysis and comparison but we had different thoughts about bitcoin. If bitcoin is a bubble from this years mid run it should pop but what happened, it didn't. So when it reached $14,000 , $15,000 - $20,000 - $100,000 - $1,000,000 it is still a bubble?
standing ovation!!! It's just my thought. I really cannot understand why such a simple, yet powerful, analysis you made is not understood by so many people who still believe that Bitcoin is nothing else than a bubble ready to destroy the world's finances.
btc is $17K in usd in Korea right now. Its crazy.
Charts and technical analysis just doesn't work in Bitcoin so far, in particular the most recent run after it's hitting 11k. We used to have a correction of Bitcoin after a sharp spike, not happening so far. What I worried is whether there will be a much bigger correction coming soon after the futures market are open. Anyway, if it did happen, it's an opportunity to get back on the train again, I got off far too early .
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Let that bubble burst if you believe that bitcoin is a bubble. This has been said thousand times and look on where bitcoin is, still thinking that bitcoin is a bubble? Comparing the chart from few years ago? You can have that technical analysis and comparison but we had different thoughts about bitcoin. If bitcoin is a bubble from this years mid run it should pop but what happened, it didn't. So when it reached $14,000 , $15,000 - $20,000 - $100,000 - $1,000,000 it is still a bubble?
We already see last week a Flash crash 11k to 8.5k this not count?
LOL! I've heard of this nonsense of "the bubble is going to burst" since Bitcoin was only worth $100.
It will indeed have a price correction (it's very much overbought today) but that's hardly a "bubble that is going to burst".
Live with it.... Bitcoin is HERE TO STAY and especially GROW STRONGER.
It will indeed have a price correction (it's very much overbought today) but that's hardly a "bubble that is going to burst".
Live with it.... Bitcoin is HERE TO STAY and especially GROW STRONGER.
and those bubbles have busted every time, until there was a new major growth indication, mostly led by volume and etc. Those downfalls lasted many months.
No one here is talking about the longevity or the regrowth to new heights, we are talking about the current climate.
So, you are saying in other words exactly what I am saying my friend. What you are calling "all those bubbles have burst every time" were nothing else than price corrections.
That's what I also agree 100% will happen.
But "a bubble that bursts" is an entirely different thing.. it means a CRASH BEYOND RECOVERY, just like a literal bubble that bursts DISAPPEARS forever.
Hence, price correction? Yes, it will indeed happen as Bitcoin is badly overbought and all the indicators show that it is due for a correction.
Bubble bursting (as in "total crash beyond recovery" as explained above) ? No way, it's not going to happen.
When you talk about the economy and you say the bubble burst you don't normally mean the country will never recover, so I don't see why people think when someone says bitcoin bubble bursting should mean the end of it. It's more like saying the price will crash and the currency will enter a protracted bear market.
I think the correction, it there will be one in short time, will not be huge, demand is so high..... personally I buy (and then hold) everytime I see a decrease more than 5-7% for a day...
Of course there'll be a correction or a crash... but I want to hear someone brave enough to say when. Every free market has a rise and correction... so there's nothing insightful about warning of crashes. People were saying bitcoin was going to correct at $5000, saying it couldn't get much higher. Then at $6000, $7000, etc...
Show me someone who'll say, "bitcoin is going to correct in two weeks by 40%." Now that is bold and insightful.
Show me someone who'll say, "bitcoin is going to correct in two weeks by 40%." Now that is bold and insightful.
What if not? A lot of people are selling and expecting this correction, and if whales have enough appetite to eat them all - there will be no correction, to everyone's surprise.
There will still be a correction if that happens but it will be not that big of a dip if whales plan to buy all those sell orders when that times comes. Still, I think what OP has said is possible and bitcoin might at least go back to 3000$ because BITCOIN HAS BEEN ON A PROLONGED GROWTH PERIOD ALREADY WITH ONLY LEGALIZATION AND SOME POSITIVE NEWS AS SUPPORT and it is impossible for it to always go up and only have little corrections, it won't be healthy for btc if it continues like this. What if not? A lot of people are selling and expecting this correction, and if whales have enough appetite to eat them all - there will be no correction, to everyone's surprise.
Yes, I also see that many people sell at the top of the price. And I'm surprised that whales have such an appetite. If the price does not correlate, it will be another confirmation that bitcoin is something else that does not lend itself to any laws of the economy and the financial market.
What if not? A lot of people are selling and expecting this correction, and if whales have enough appetite to eat them all - there will be no correction, to everyone's surprise.
LOL! I've heard of this nonsense of "the bubble is going to burst" since Bitcoin was only worth $100.
It will indeed have a price correction (it's very much overbought today) but that's hardly a "bubble that is going to burst".
Live with it.... Bitcoin is HERE TO STAY and especially GROW STRONGER.
It will indeed have a price correction (it's very much overbought today) but that's hardly a "bubble that is going to burst".
Live with it.... Bitcoin is HERE TO STAY and especially GROW STRONGER.
and those bubbles have busted every time, until there was a new major growth indication, mostly led by volume and etc. Those downfalls lasted many months.
No one here is talking about the longevity or the regrowth to new heights, we are talking about the current climate.
So, you are saying in other words exactly what I am saying my friend. What you are calling "all those bubbles have burst every time" were nothing else than price corrections.
That's what I also agree 100% will happen.
But "a bubble that bursts" is an entirely different thing.. it means a CRASH BEYOND RECOVERY, just like a literal bubble that bursts DISAPPEARS forever.
Hence, price correction? Yes, it will indeed happen as Bitcoin is badly overbought and all the indicators show that it is due for a correction.
Bubble bursting (as in "total crash beyond recovery" as explained above) ? No way, it's not going to happen.
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