Topic: Bitfinex Price Spreads & Bitcoin Bubble - page 3. (Read 2421 times)
Bubble has form already. Look at the current price on bitfinex its much higher as compare to other exchanges. The bubble is already there and willing to be burst any time soon. A lot of people are now waiting for it to burst then they will buy assuming the price of bitcoin is below $1000 after the burst.
Well, let's assume the worst for bitfinex
Then it's already to late, the bubble is formed and it's gonna go bananas.
Let's assume the best, no problems with any exchange (including china).
In this case , no bubble.
So the bubble is already formed or it doesn't exist at all, and all we can do right now is making more popcorn and watch it unfold.
Then it's already to late, the bubble is formed and it's gonna go bananas.
Let's assume the best, no problems with any exchange (including china).
In this case , no bubble.
So the bubble is already formed or it doesn't exist at all, and all we can do right now is making more popcorn and watch it unfold.
One week has passed since bitcoin exchange Bitfinex announced issues with banking partners and halted fiat withdrawals for its customers. Since then the price of bitcoin has been rallying upwards reaching new highs across global exchanges. As the price surges, Bitfinex prices have been $100 higher than at other exchanges, making traders worrisome a bubble is forming. Some say, once the exchange withdrawal issues get resolved, or a bearish event hits (such as an exchange liquidation), bitcoin’s price is likely to drop aggressively since it’s currently artificially inflated.
Do you think a Bitcoin bubble is forming?
Do you think a Bitcoin bubble is forming?
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