Bitcoin Forum

The value of Bitcoin dumps really hard from almost 20000 USD Dollar to 13835 US Dollar. Does the bubble already burst?

Not yet - this is only the beginning of the drop

no its just another chance to make a huge ton of money mate. All you have to do is take advantage of this drop and buy as many coins you can.

yes i think it is.. its time to sell bitcoin and invest in bitcoin cash just follow the whales

There is no bubble mate, what happened is just a price correction or just a way to breathe, for the gullibles it's a depressing moment to think that almost half of the value of their Bitcoin has gone, for the smart one, it's the ultimate time to buy more and wait for a large amount of money in returns after a couple of days.

Just because it fall that much it is a bubble already? Come on, things are happening base on your imagination that bitcoin is on a bubble. Can't you see that other altcoins too are being dumped? Correction is what makes bitcoin that down for today and the fact that crypto's are volatile, don't you ever say it again that it is in a bubble. Burst or not, take it on your mind that bitcoin isn't a bubble.

Bitcoin cash is also down at the moment and i doubt bitcoin cash as there are news that its recent price surge was due to some coinbase insider job, its safe to say that the bubble burst already and we are back to normal price movement in the market again.

No the bubble is not the first thing i think after a decrease but an opportunity to buy more bitcoin for a big profit when it recovers and increases for the next week or few days.

Definitelty just seems like a price correction, this is something we've to come to expect with bitcoin and the smart traders get in at this point to strengthen their holdings. I tried purchasing some this morning with coinbase and stupid thing is down and refusing purchase but bank said transaction should be fine, typical coinbase right in a dip  ???

There's no bubble OP. The rally just got exhausted and is taking a break. If you took you're profit when bitcoin was on 20k, it'll be a great time to reinvest. It's like the great Christmas sale especially for those who want to start their adventure in bitcoin.

There will be bump after the hard fork on 28th. You may expect the bump may touch the 20k to 25k USD in the January starting week. This may burst for this huge investor who done the fundxon bitcoin alone. They will get the money on once money value recovered only. I see many people going to invest on cheap altcoins. You will find the dump in all the cheap coins soon. Try to keep your fund in bitcoin alone.

No, it`s not. These are only periodic ups and downs of Bitcoin, which we have observed dozens of times. So do not panic. Christmas holidays are one of the factors of such price jumps of Bitcoin. Everyone deduces money from their wallets, so the price falls. But I think, that after a new year within a few weeks the price of Bitcoin will grow again and even reach a new record.

Nah, it is just a normal correction. You don't have to spread FUD around that this is a bubble and that bubble has already burst. This is not the case, bitcoin is never a bubble, the problem is that people keep on holding and not really spending it, but there would come a time that it will be used like currency and that will change the world as we know it.

I think most investors are just cashing in or doing some profit taking to have money to spend for the holidays. After the festivities, I expect bitcoins to continue its run.

Don't panic and please don't be affected by media outlets trying to down cryptocurrencies. I am expecting that most of us here in forum is matured enough how to handle this kind of situation.

Bitcoin is not like a normal currency. You can not say that the bubble is going to burst simply because you don't know if it is a bubble or not in the first place. This can be seen from two different points of vue: A burst of a bubble which I think isn't really the case or an opportunity to buy more because the probability it's going to raise again is pretty high . Again the bitcoin value to time function follows a weirstrass function form. It is not differentiable at any point means you can not know if its going to increase or decrese at any point.

Now is a Really good time to move back into Cash some of your holdings. Investor Faith has been ROCKED by the Ver , CNBC, Coinbase sh-t storm. I'm pulling out my original investment money and letting my winnings ride. Operation Dragon Slayer may be real, if so the BTC blockchain may just stall out( 28 million backlog in transaction already)

The downturn is now driven by more and more people realizing that Bitcoin has failed as a currency, as a store of value, as a community project and all other parameters.

It is described on the forum here: https://bitcointalk.org/index.php?topic=2630742.0

It does not mean that it is the end. As a matter of fact it is just a drop as too many investors sold their coins.There are a lot of people like me waiting for the price to go down in order to by coins.

People have started to term the ongoing drop as a bubble. People who were much into the analysis of the market could have gained a good profit using it an opportunity. In reality I believe bitcoin is all about trust, if it is to burst it might have taken place long back. So nothing seems to be a bubble, believe and surely you get benefited.

I agree that it's making quite a dangerous drop, that's why never buy while BTC price is still falling or else you might find yourself with huge losses. Only buy when price starts to stabilize around a support level.

It is too early to burst:) W e will be watching on bitcoin price nearly $ 100-300k per coin before everything goes to zero. You can buy digital currencies and don't worry about anything.

Much lower to go; we dumped everything at the top. ✌️😀

This is a really deep deep correction. Momentum might still be on the bears' side since people are selling out of fear most probably.

there was never a bubble to want to burst. unless you can $19666 as a bubble and its burst to end at $14000 then you are absolutely right, the bubble burst and it was over.

the fall that you currently are witnessing is because of the panic sellers and the FUD and also the fact that bitcoin fees are increasing at an alarming rate. none of these are good for bitcoin price.

I agree with you. This is no bubble, just a deep correction as someone mentioned above. It may look like a sell-off because it is one. People are afraid.

I don't think so,, it is just many people now are selingl their bitcoin because they need money now as the christmas is now coming. Just hold your bitcoin and for sure it will recover again and will increase more. It is now the time to buy more bitcoin since the price is decreasing.

I think big whales are just starting dropping btc price, lets follow what they are doing buy when dump and wait for the big pump before selling it again. Whales are making big money right now.

Last a couple of weeks, a lot of altcoins have reached ATH.

This is just profit taking. Also, tax thing comes around the same time. This is why bitcoin dumps so hard this time.

However think about the other side, with introduction of how to collect tax, it's is another way of saying crypto is an ASSET that has value.

Good idea dude. It's best to let go of your losses (if you are at a loss) and buy again when the price has bottomed out. Soon it will I'm sure.

I am just scared that the value of Bitcoin may not increase again. I hope you are right because I am planning to invest in Bitcoin. I am going to wait until its value decrease more and then I will buy Bitcoin as many as I can.

No man ! I dont think the bubble already Burst ! Bitcoin just got a little bit mainstream and I know a lot of people want to join and buy crypto, especially people in Wall Street ! Also bitcoin will probably have an ETF soon so I think it will pump up a lot if they announce it, I know a lot of family members who are waiting for bitcoin to drop so they can buy it. The bubble will burst when there is no one who want to buy ! Which is not the case here

Why do you always have to panic when the price starts to decrease? Bitcoin will recover soon, it's the perfect time to buy more. Unfortunately, I don't have any spare money. In my opinion, Bitcoin value will continue to increase. Many people become interested in cryptocurrencies this year and I doubt they will stop using them anytime soon. Personally, I can't leave Bitcoin. Am I addicted?

How sure are you that the price of Bitcoin will reach 100000 USD Dollar to 300000 USD Dollar? Is not that overpriced? Will people still buy Bitcoin at that price? On my opinion, some people will never be interested to buy Bitcoin at that huge price even if they are rich.

The reason why I made this thread is because I have read an article about the decrease in the price of Bitcoin. It says there that the decrease in its price happens because the regulators in US halt share trading in The Crypto.

Oh, now I know. Thank you for the idea! I hope the price of Bitcoin will be dumped more to make Bitcoin more affordable.

when you say bubble  burst that mean price about 1$ or less from 20,000$

bitcoin have big pumps this year and also must have some dumps

we went from 2700 USD to 19000 USD in less then 3  months.  it is now playing around 13k-14 , So answer to your question is NOOOOO!

I think you are right. I hope Bitcoin will reach a new record so that the Bitcoin I will buy at a low price will not be wasted.

I will take note of this one. Thank you for your wonderful tip. I will always take a look at the price of Bitcoin to inform myself.

Bitcoin is not like a bubble, what do you think is just base from a statement of someone who is investing into other cryptocurrency which is normal from a businessman who wanted to get some profit from the fall of Bitcoin.

Bitcoin is not bubble.

BTC will go up 20.000$ in 1 month.
Price will be 70 k end of 2018.

How sure are you? Do you have any basis? Predicting the price of Bitcoin is very difficult. Anyway, I hope your prediction is 100% accurate.

It's not a bubble and it will not burn, it's a normal correction, which always happens after growth. Stay in position and most importantly do not close the deal in minus and will be rewarded.

I think we should stop arguing about "bubble" here. What we are seeing is a major crash already. I don't know, but it looks like its almost down above 30%, so definitely its not a healthy correction but panic selling. Good thing though is that the whole crypto's is crashing not just bitcoin. If you say's that the bubble has been burst, you might as well include altcoins as well. This is some strange occurrence, because a lot of investors are cashing out for unknown reason. Maybe whales are manipulating from behind but its too early to call. The best thing for us to do is just remain calm and wait  till everything settle's down. We know that bitcoin has the ability to recover from this kind of events. But a lot of people are very worried. On the bright side, let's just say that this is a good buying opportunity for everyone.

Bitcoin isn't going to burst anytime soon, even though bitcoin has lost its utility appeal due to scale problems and people just treat bitcoin as an investment object which makes it fluctuate within $1000-$3000 within hours. I remember when bitcoin need a long time to increase as much $1000, but it happens in just few minutes now. This become a common thing as most people trade bitcoin for profits in short-term.

Bitcoin has constatly things looking like bubbles... and now with all the money being controled by exchangers... what do yo expect to be happening ?

Again another guy says that bitcoin is a bubble. No, it is not a bubble and for the crypto's sake many times it was told. You people don't want to stop on saying things like this. The correction has come to bitcoin and it's followers too so that's a normal price movement that everything has been flagged down and red but look on what's going to happen with it's movement. Maybe at the first week of January, it will all be green.

How can I became a whale?) I also want to make money on market pumping and dumping. When your money is limited, you can't even think that you can lose everything. But whales is smarter, they know about small investors fear and play with it. Someone lose, another person win.

No price now rising it is about 15,000$ and all other stable.

bitcoin correction and start rising again in less than 24 hour

Well i think the price is still high, and its a great chance for those people were thinking to invest and waiting for drooping price. I my self bought some coins after the price drop. My suggest is instead of regretting, you should bought some coins now and hold them. I am pretty sure the price will increase in January 2018.

Probably, we might even see another bounce upwards before another slide, like what's happening now. Just be wary, the last person into a speculative frenzy never gets out before it's too late.

 LN will fix the transaction problems NYSE filed for 2 ETF's last week on BTC futures and with a market cap of 23 TRILLION USD a lot of money is going to flow into the BTC market
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@theonevortex

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9:52 PM - Dec 25, 2017
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The bubble will be bursted when the price touches $8000, just remember my words, and if that happens, then it would mean that bitcoin is fucked forever, seriously, because everybody will sell because of panic

Glad I bought it under 1000 usd and I'm a noob..so you premise is fooked as you say. fud fud fud. if it drops to 8000k it freakin XMAS again. load up the truck.

The right thing to do is to start buying bitcoin because we may not see bitcoin at $13,000 in 2018. There are a lot of information flying up and down and you should not expect the market not to react to those information. To me we are not in a bubble! Therefore, I should not expect to see a clash as bitcoin still have a long way to go.

You guys didn't read about the bitcoin recent history, go and read it before you can say some sh*t. Bitcoin will recover in time you'll see.

I do not think that this supposed bubble is bursting, since the big investment funds that are starting to trust bitcoin as a profitable investment will never be willing to drop the bitcoin price, although this is not necessarily a positive thing, since now more than ever, the great power of speculators to move the price of bitcoin at their convenience has been revealed.

Because it dropped by almost 30% it doesnt mean that the bubble has already bursted.
Stop spreading fud because we all know that this kind of things like this suddenly dumps are always possible in a market like this.

People are speculating a huge price in a short time and it is because the price has risen a lot in a short time in the past and they are anticipating the same kind of growth in the coming year and that i think is not that easy,we had a really good year for bitcoin and never expect the same growth every year.

bitcoin has died 222 times and counting

https://99bitcoins.com/bitcoinobituaries/

I think the bubble has burst as it is even dropping further. I was surprise to see bitcoin trying to break $12,000 support area. I don't really know what is happening than the forecast been made by speculators on reddit and others social medias.  I hope bitcoin recover soon as my values has dropped significantly. However, many information and analysis are out there that bitcoin is going to drop below $10,000 soonest.

Don't hope so much. This drop has been happen many times and Bitcoin still survive to recovery back. As i seen for what happening about fall dip in these last 2 weeks are caused by many issue fork and high fee cost. Some people leaved Bitcoins and convert it to cash as nowadays convert from Btc to cash are need some enough fees covered to get fast confirmation.

We're not so high right now, I think there might be a bubble if 10% of ppl on Earth will be using BTC, then yes...

Bitcoin is seriously dropping and it looks like the bubble is bursting. The price will drop to 11K, maybe even lower to 10K next month. Then the price will start increasing again, because everyone will start buying. Next year March bitcoin could hit 30K.