As a bitcoin holder I am very scared about this news,bitcoin is going to burst?
Experts please clarify my doubt.
did the bubble burst in 2011, and 2013? sure, you could say the hype ended and the price reversed. after 2013, the bear market was particularly long. and after we have another major top (next year?), all the bears will come out of the woodworks and proclaim that "bitcoin is going to $0" and "it was tulip mania" after all. this is natural in a bear market.
but after every successive bull/bear market cycle, the trend always continues higher---always higher highs followed by higher lows. this won't continue forever, but based on the signs of mainstream adoption i'm seeing (NASDAQ/CME futures, square cash, jp morgan saying bitcoin could be "the new gold"), i think we really are seeing the "s-curve" of adoption. this is like telephones, cars, television, smartphones.
if true, that means that the uptrend could continue until we have reached the "top" of the s-curve, and the world has completely adopted bitcoin like other technology that we use everyday.