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Topic: Bitcoin's bubble is going to be corrected - Update #3 - page 7. (Read 2403 times)

member
Activity: 84
Merit: 10
Bitcoin does crash at least once per quarter. See chart here.
member
Activity: 714
Merit: 10
Living is easy with eyes closed ...
Correction in bitcoin is long overdue. The way it was pushed upwards testified that this is artificial growth.
This was done specifically to shorten the BTC after entering the stock exchanges.
In my opinion, after falling to the level of $10,000, maybe $9,000, bitcoin  starts to rise again to even higher figures.
sr. member
Activity: 336
Merit: 260
Bitcoin price is becoming bubble, because after too much increasing of bitcoin in the market it was pop up now anf started to falling down. But don't panic mates because it was strategy of bitcoin to invest more in bitcoin industry.

I guess they pull down the price of bitcoin in crypto community to encourage more capitalist. Because if that is happen in return value of bitcoin will increase more in the future.
full member
Activity: 238
Merit: 100
What's missing from the graphs? The grand correction is coming soon.



Cannot even argue with that. It has happened so many times in the past. And is quite frightening for other people who have invested a lot of money into bitcoin. But the real question here is, how big will the grand correction be? And how much will lots of investors lose because of it? Surely, a lot will cry when this happens since a lot of dumb greedy people have invested in it when it's price was increasing drastically and don't know when to take profits because of greed. But clearly. It will also be a feast for a l lot of people who still haven't invested into Bitcoins.

Just really have to wait and see what happens a few weeks or months from now.
full member
Activity: 279
Merit: 102
There starts to be blood in the streets, but not enough. I am afraid desperation will increase in the following days. I also expect a bounce after the fall.
sr. member
Activity: 268
Merit: 250
love is first
yes, but who know where is the top point? no one know,!
full member
Activity: 448
Merit: 109
although the price now is in the red zone, I still have coins that give a good sign so I can sell it to make a profit. I think not all of the altcoin is down because if you see in many exchanges, there still any altcoin that is in the green zone so we could still trade and try to make a profit. but I realize that we need to research with carefully so we don't get stuck after we buy the coin and don't too greedy when we want to take a profit.

I mean it wouldn't surptise me if it went down till like 7-8k per bitcoin, anything lower is just sign that we succesfully created big bubble. I say this because its just went up to fast within 1 month causing many people to enter and specualte about the value - LN/SegWit is not ready yet to be used widley so tbh price like 20$k we've seen was pure speculation because it is not usable to be able to grow that much.

Above all alts follow BTC price everytime, quick reminder check the prices of alts depending on BTC value since when BTC go down some alts are in red compared to FIAT but they are maybe gaining on BTCs value/ or are somewhat staying stable.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
although the price now is in the red zone, I still have coins that give a good sign so I can sell it to make a profit. I think not all of the altcoin is down because if you see in many exchanges, there still any altcoin that is in the green zone so we could still trade and try to make a profit. but I realize that we need to research with carefully so we don't get stuck after we buy the coin and don't too greedy when we want to take a profit.
newbie
Activity: 18
Merit: 0
I don't understand one thing: For a while BCH is promoted as rival of Bitcoin; but all I see is when Bitcoin drops, BCH also drops. When I remember Roger Ver's announcements and all shit news...It just doesn't make sense. Theoretically when Bitcoin drops, BCH shall rise; but it's not happening.
Or is there any altcoin that keeps rising as bitcoin drops?
member
Activity: 84
Merit: 10
97% of the top 100 coins are red  Cheesy
sr. member
Activity: 645
Merit: 253
BLOODBATH!
member
Activity: 75
Merit: 11
Bitcoin is the same bubble as the mortgage and real estate market. Just the public is always suspicious of innovations
sr. member
Activity: 675
Merit: 254
So far so good
Bitcoin is not a bubble and therefore it can not burst. I think that the crypto currency is a new age in the economy. But people do not understand this yet, so they are afraid of cryptos...

Totally agree. BTC is not a bubble. What we are seeing at the moment is called a correction, it is normal and even healthy.
newbie
Activity: 67
Merit: 0
Is not going to burst as is not a bubble... maybe the price stops growing and it stabilizes which i dont think will happen either but who knows...

Better look at the graph and see the difference value of bitcoin from yesterday and today. Well everything is just a bubble including bitcoin. But I hope it goes far before bursting.
member
Activity: 210
Merit: 10
I think it's far from being broken, and the price is still reasonable, it's estimated to be around $50,000, and that's the real bubble.
newbie
Activity: 45
Merit: 0
Is not going to burst as is not a bubble... maybe the price stops growing and it stabilizes which i dont think will happen either but who knows...
newbie
Activity: 67
Merit: 0
A big sudden drop from yesterday. Wew, I think it is already doing its correction. Lucky for those who have cashed in yesterday. Hope it will rise again.
full member
Activity: 238
Merit: 100
Even if this was true and the "bubble" was to burst anytime in the near future, this is a bubble that is here to stay! Blockchain technology is something that wont fade because of price speculators. This technology will stay and improve many things in peoples lives!
full member
Activity: 252
Merit: 101
bubble or not....for me its now shopping time....christmas sale Smiley
member
Activity: 364
Merit: 10
What's missing from the graphs? The grand correction is coming soon.


We don't really know anything about bitcoin been a bubble, but the correction is meaning of whales ding profits.
Then other wallets will make a profit on the subsequent growth.
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