Based on the graphs and history of bitcoins value thats why people are saying it will correct its market price.

With the world right now? Money can buy anything including happiness, depending on a person's perception there are many ways a person can be happy and almost everyone of us can't do things without it.

I think bitcoin must improve its own technology many people thinks that it is now just a bubble because of the high transaction fees and long transaction process.

There's a major possibility that the price will if many of the big investors will remove their stakes from it. For now, we still enjoy its popularity to the market.

It is just because of its volatility and nothing to be scared of. The price is still high, right? So why panic, bitcoins price will never settle because of its volatility.

It could still go up to $20,000 but I don't think it can be done within this year. As long as the volatility of bitcoin is still there, the price of it will still increase I think.

This thing so called Giant Bubble has already burst if its intention was really to blow everyone there investments. But I dont think so, Bitcoin have been solid ever since. LOL

One major benefits bitcoins can give is the potentials to earn big. Another is bitcoin transactions is fast and less stressful than doing bank transactions.

Corrections are normal since some people have already gotten their target prices and would like to cash out. It's actually a healthy move since a new base or support will be established, given that it holds.

I'm starting to think that Bitcoin has reached a point where it's value is only being pumped up because of the hype. I agree that its performance as a mode for payment and transactions has drastically declined.

I used to think the best advantage was the fast and cheap transaction. Now I'm not too sure and all I can think of is its current value.

IMO, Bitcoin price moves according to the demand of the entire community and since we get a lot of new entrants, I also think we could hit that mark soon, just can't predict when that will be. It could even be higher than $20k by end of year.