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Topic: When bitcoin bubble burst? (Read 432 times)

sr. member
Activity: 833
Merit: 267
December 18, 2017, 02:41:33 AM
#42
I see some fearing the bubble burst. It's not that bad. It's just a brief revisitation of price levels from several WEEKS ago and it goes back up. It's only really a concern for traders.

Bitcoin is not a bubble so don't worry it will not go back to those 4 digit value again but there might be some crazy fluctuations in coming weeks as there is a vicious focus of regulators on bitcoin and other virtual currencies I heard French government is going to discuss this in G-20 summit to regulate bitcoin but let's wait and watch for few months instead of investing in huge chunk.
full member
Activity: 266
Merit: 222
Deb Rah Von Doom
December 18, 2017, 01:54:12 AM
#41
I see some fearing the bubble burst. It's not that bad. It's just a brief revisitation of price levels from several WEEKS ago and it goes back up. It's only really a concern for traders.
member
Activity: 224
Merit: 10
dApps Development Automation Platform
December 18, 2017, 01:49:10 AM
#40
It's actually depend on your view about Bitcoin, because it couldn't be burst if you see it as a real currency not a bubble. That's really impact because the valuation of Bitcoin is depend on the the trust of investors.
full member
Activity: 322
Merit: 100
December 18, 2017, 01:47:06 AM
#39
Bitcoin is at it's extereme everywhere in the world started to talks about bitcoin.Videos about bitcoin going viral on social medias like facebook and youtube.Some videos saying investors get back cause bubble burst is coming soon.

As a bitcoin holder I am very scared about this news,bitcoin is going to burst?
Experts please clarify my doubt.
Well, how do you say when yes, but when nobody tells you yet because the price goes up. Is it conceivable for 2 months to raise from 5k to almost 20k in 4 times. So while pouting and rejoicing, when will burst then and begin to cry.
full member
Activity: 266
Merit: 222
Deb Rah Von Doom
December 18, 2017, 01:09:01 AM
#38
The core values of bitcoin are sacrificed every day and investors/traders dont care. The lightning network or something like it is neccessary because otherwise bitcoin is too slow and expensive to use as anything other than a savings account, and this undermines its intent as a currency. Its a catch 22.
sr. member
Activity: 462
Merit: 250
December 17, 2017, 08:46:59 PM
#37
why you asked this kind of question to be honest ?
if you do your own research i believe you should know that Bitcoin is not a bubble at this moment,
we are seeing this kind of movement due to significant increase in term of demand from other people.
lately we can see that bitcoin get recognized by some country for example japanese,
they're monitoring their exchanger for the past few months and decided to regulate it a month ago,
slowly but sure Bitcoin get approved by many people and because of that people think it's a good time to invest on it,
so what is bubble ? bubble is an asset that can be manipulated easily and do not have a solid foundation.
but Bitcoin is not that kind of asset,because even if the price pushed to the ground by the whales.
its supporter will not leave it alone and treat it as an opportunity,that mean it's zero possibility to reach $0 in the future.
so when the bubble burst ? it's not bubble and it will not burst.

I've also read a news that Tokyo is going to finance the workers payments in bitcoin, if bitcoin is going to burst they should have studied it first, before planning to implements such thing.

I just can't imagine what a horrible story for Tokyo people if the bitcoin just burst.

P.S I reckon bitcoin is not going to break.
If that news is true then I do not think the price will go down much of value because it could to generate more interest from the owners of the companies that would to want BTC to do that,but  definitely isn´t possible to tell if it's a bubble.
legendary
Activity: 1937
Merit: 1001
December 17, 2017, 08:14:36 PM
#36
The only thing you need to think about to know 100% certain that it is a bubble about to pop is this.

Why is litecoin, ethereum, or any other coin worth so much less than bitcoin?
There is no reason, they have all the same value and they can just create 1000 or 1000000 new other copy coins. Effective real value, ZERO. And soon the market will find out and it will drop like a rock to values we have not seen in years!

I know some of you will call on the network effect, but that is temporary, and it WILL CRASH!

Other than that, every single real bitcoiner that got interested in it for its p2p cash concept will cash out as soon as Lightning Network goes active.
It's nothing but a banker instrument that undermines the very principle of bitcoin. It only serves to keep the banks in power and make blockstream filthy rich, not to start an economic revolution.
member
Activity: 392
Merit: 10
Spanish Translator
December 17, 2017, 07:40:06 PM
#35
It´s pretty hard to give you an adecuate answer because this is something that nobody can tell you with confidence. If this wasn´t so hard, so there wouldnt be any risk and everybody would buy bitcoin and maybe it wouldnt be so profitable. But it seems to be the coin of the future and you only can trust your guts to invest. However I don´t recommend to invert everything that oyu have as many people is doing because you never can eliminate the risk. The only think that probably doesnt have risk are the bonds.
newbie
Activity: 48
Merit: 0
December 17, 2017, 07:33:38 PM
#34
Bitcoin is at it's extereme everywhere in the world started to talks about bitcoin.Videos about bitcoin going viral on social medias like facebook and youtube.Some videos saying investors get back cause bubble burst is coming soon.

As a bitcoin holder I am very scared about this news,bitcoin is going to burst?
Experts please clarify my doubt.


I confident it is not a gonna be a bubble until the last bitcoin is mined, that's when it's price is gonna be so high it will became with no value.
member
Activity: 284
Merit: 16
December 17, 2017, 07:30:56 PM
#33
Bitcoin is at it's extereme everywhere in the world started to talks about bitcoin.Videos about bitcoin going viral on social medias like facebook and youtube.Some videos saying investors get back cause bubble burst is coming soon.

As a bitcoin holder I am very scared about this news,bitcoin is going to burst?
Experts please clarify my doubt.
Believe me, bitcoin will occupy the market in the future, this money will replace the current paper currency, keep bitcoin and you will be billionaire
legendary
Activity: 1652
Merit: 1483
December 17, 2017, 06:57:53 PM
#32
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.
hero member
Activity: 1694
Merit: 541
December 17, 2017, 06:19:41 PM
#31
No expert can give you a concrete answer to this question and if they knew when the price of bitcoin will burst ,then they will be making a huge amount of money with it,the bubble you are seeing right now is because of big time investors jumping into the bitcoin bandwagon after the CME group announced their derivative market plans and somewhere down the line we might see a correction.
hero member
Activity: 843
Merit: 608
December 16, 2017, 01:18:11 PM
#30
What bubble?
sr. member
Activity: 896
Merit: 290
December 16, 2017, 01:13:44 PM
#29
After bitcoin went to 1200 in 2013 it went on a 2 year bear trend, but this time is different. There is so much coverage and interest that I cant imagine another 2 year bear market.

Bitcoin has reached a critical threshold and I believe the corrections and dips will be mild compared to years ago.

Think of it this way, facebook had an uptrend of 7 years....dont you think that this bitcoin crypto stuff is a little more important than crypto?

If you are a strong holder what the price does in 1 year shouldnt effect you. I think its completely safe to say that the price of bitcoin will be higher than it is now by 2020, the next halving could really send the price skyrocketing. Dont be scared.
sr. member
Activity: 602
Merit: 255
December 16, 2017, 12:39:52 PM
#28
Bitcoin is at it's extereme everywhere in the world started to talks about bitcoin.Videos about bitcoin going viral on social medias like facebook and youtube.Some videos saying investors get back cause bubble burst is coming soon.

As a bitcoin holder I am very scared about this news,bitcoin is going to burst?
Experts please clarify my doubt.

It is really hard to know when it is going to burst, but don't forget that bitcoin includes the blockchain technology which is possibly the technology that is going to be used by banks and data centers in the future, that's why I believe that bitcoin is going to be worth a lot at the future, even if the bubble burst, you still stay with the technology it has, and it is probably going to be here for a lot of time.

As a very true believer of bitcoin, I am not afraid of any price dips or spikes, it's long all the way.






Bitcoin system is a digital currency and it's a bitcoin exchange or online wallet and right now suggest to you to keep your bitcoin from where you can easily cash out in FIAT if there will be any bitcoin trend and there is a panic sell to newbie and investors if take any big profit so all should becareful it's a never ending bubble because this is a great start and bitcoin when reach now.
sr. member
Activity: 476
Merit: 259
December 16, 2017, 11:58:50 AM
#27
Bitcoin is at it's extereme everywhere in the world started to talks about bitcoin.Videos about bitcoin going viral on social medias like facebook and youtube.Some videos saying investors get back cause bubble burst is coming soon.

As a bitcoin holder I am very scared about this news,bitcoin is going to burst?
Experts please clarify my doubt.

It is really hard to know when it is going to burst, but don't forget that bitcoin includes the blockchain technology which is possibly the technology that is going to be used by banks and data centers in the future, that's why I believe that bitcoin is going to be worth a lot at the future, even if the bubble burst, you still stay with the technology it has, and it is probably going to be here for a lot of time.

As a very true believer of bitcoin, I am not afraid of any price dips or spikes, it's long all the way.
legendary
Activity: 1218
Merit: 1006
December 16, 2017, 11:24:25 AM
#26
As a bitcoin holder I am very scared about this news,bitcoin is going to burst?
Experts please clarify my doubt.
I am not a guy who is fan of bitcoin exchanges or online wallet but right now I suggest you to keep your bitcoin from where you can easily cashout in fiat if there will be any reversal in bitcoin trend. There will be so much panic sell from newbie investors if any big profit taking will be there so we all should be careful.

Market might also stabilizes at current price range so you don't have to worry much about any sudden crash to zero or under $10k if you have bought at below the current price range.
copper member
Activity: 434
Merit: 278
Offering Escrow 0.5 % fee
December 16, 2017, 11:11:04 AM
#25
why you asked this kind of question to be honest ?
if you do your own research i believe you should know that Bitcoin is not a bubble at this moment,
we are seeing this kind of movement due to significant increase in term of demand from other people.
lately we can see that bitcoin get recognized by some country for example japanese,
they're monitoring their exchanger for the past few months and decided to regulate it a month ago,
slowly but sure Bitcoin get approved by many people and because of that people think it's a good time to invest on it,
so what is bubble ? bubble is an asset that can be manipulated easily and do not have a solid foundation.
but Bitcoin is not that kind of asset,because even if the price pushed to the ground by the whales.
its supporter will not leave it alone and treat it as an opportunity,that mean it's zero possibility to reach $0 in the future.
so when the bubble burst ? it's not bubble and it will not burst.

I've also read a news that Tokyo is going to finance the workers payments in bitcoin, if bitcoin is going to burst they should have studied it first, before planning to implements such thing.

I just can't imagine what a horrible story for Tokyo people if the bitcoin just burst.

P.S I reckon bitcoin is not going to break.
legendary
Activity: 2170
Merit: 1427
December 16, 2017, 10:46:07 AM
#24
It's a never endling bubble. This bubble keeps growing larger and larger due to the fact that it enjoys more usage on several levels of the economy. We have seen what a bunch of greedy average joes do with this market when buying in, and we're on the brink of experiencing what professional capital will do with this market. If we think things through properly, there is reason to think that this might be a bubble, there is reason to think that it's a well justified level of growth due to the far greater exposure, or the market has simply said been severely undervalued for quite a long time. Everything to a certain extent makes sense, which is why I am not that harsh on people anymore calling this market a bubble.
newbie
Activity: 78
Merit: 0
December 16, 2017, 09:31:48 AM
#23
It's totally normal to be skeptical of what's been going on with Bitcoin lately. Whatever doubt you may have, I would still strongly suggest investing even a minuscule percentage of your money into this sector as the Bitcoin gives an earning opportunity I wouldn't want to miss.
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