I do wish people would stop calling any price rise at all a bubble.
A bubble is a totally different beast that takes your breath away. This was a rally/rise.
But yes, 7-800 is eminently achievable. I don't think it'll be down to a fork because the likelihood of one is remote, but if there was one most of us would be dreaming nostalgically of 7-800.
Totally agree with you. what we saw over the last 1.5 years was a healthy and steady growth.A nice bull run if you want call it like that.
A Bubble is indeed a completely different thing. People should have a look on the chart of 2013!Two bubbles occured in that year!
And yes we can go lower as we are right now. We are in very unpredictables times at the moment, thus we see this in the markets.Bitcoin's dominance at an all time low, shitcoins in a bubble and gaining more and more traction.
Yes, a slow progress never be the characteristics of bubble. Now also bitcoin prices are showing more stability around $1050 levels which is always would trigger up surge at any time. I do see this topic is just another FUD but making us to have secondary thinking I mean we cannot ignore this types of arguments on first read itself. I am not seeing any sudden fall of bitcoin prices in any near future.
Along with soft fork, we are going to test $2000 levels in second quarter of 2017. A hard fork may follow the soft fork based on the feasibility of soft fork. Bitcoin's success is its community. We should not get it split. Being united must be the only way to stay strong.