A little perspective: $198 to $1139 then and $198 to $1139 now

[Proficient]

It may be more stable than it was before but I don't accept that this is natural, sustainable growth.  Nothing just grows by basically half its value in a few weeks - it seems like all this is just based on huge amounts of hype that Bitcoin has built up recently (partially because of the ETF).  Before it continues to grow healthily as it did from 2014 to a couple of months ago, we'll inevitably see another crash.  Even if the ETF is approved, it'll just cause a slightly higher bubble, which will burst before the ETF actually starts bringing healthy growth to Bitcoin.

[genny2kuk]

You know the strength of coins by their fundamentals. Bitcoin is enjoying an increasing ecosystem and will hence continually to hit 'bubbles' while it will take some manipulations for most altcoins to experience same.

[wxa7115]

Bitcoin just a little bubble right now, i was assuming if the price of bitcoin will never below $1000 again. But i was comparing the second chart and the current chart and it seems like bitcoin is more stronger right now.
More support on bitcoin with the PBOC audit to prevent the chinese manipulation.

Maybe but it is not like the massive bubble that happened back then, even if there is a correction I don't expect bitcoin to get any lower than 850 dollars and that is price that is not going to last much as people take the opportunity to get as much bitcoin as they can at those prices.

[pinkflower]

As you can see, this is natural sustainable growth, we are not in bubble territory. If we started a 2013 type of uprise, the price would be at $10000+ with that steep angle, which means, anything is possible and we have not started the FOMO yet.

Do whatever it takes as long as it makes you feel safe and happy for buying at the recent highs my amigo.

But if the price comes crashing down back to $198 from $1139 you would surely be in for a new perspective. Im not saying it will crash to those lows. The point is the other perspective it will bring if it does.

[Betwrong]

The current price is not a bubble for bitcoin.

That's what OP is saying and I agree with that too. It was too early for $1,200 in 2013, but not now. The world is ready for this price and above. Most people are only buying their first BTC nowadays, so there's no reason for them to sell.

In 2013 the early adopters were selling above $1,000 to make big money, and they were right in a way, and that's why the price was dropping dramatically but now the situation is different.

[Doms]

I used to be nervous with such quick price surges, but it seems that at the moment, there is nothing much I can do but enjoy the ride, and I am getting used to it. This amazing run might end at some point this second quarter, but we are sure to see more movements (up, down, and even sideways) along the way. All these talk and anticipation of the SEC approval on the ETF has people wanting more of bitcoin even at such a high price, with the confidence at bitcoin at an all time high.

[pitham1]

I used to be nervous with such quick price surges, but it seems that at the moment, there is nothing much I can do but enjoy the ride, and I am getting used to it. This amazing run might end at some point this second quarter, but we are sure to see more movements (up, down, and even sideways) along the way. All these talk and anticipation of the SEC approval on the ETF has people wanting more of bitcoin even at such a high price, with the confidence at bitcoin at an all time high.

Even with Bitcoin's volatility, I always have a little flutter in my stomach when the price rises up to these levels. But I have learnt to bite my teeth and resist the temptation to sell, primarily because most of my coins are in cold storage. 

[hurain]

I used to be nervous with such quick price surges, but it seems that at the moment, there is nothing much I can do but enjoy the ride, and I am getting used to it. This amazing run might end at some point this second quarter, but we are sure to see more movements (up, down, and even sideways) along the way. All these talk and anticipation of the SEC approval on the ETF has people wanting more of bitcoin even at such a high price, with the confidence at bitcoin at an all time high.

i think we are not going to repeat the previous experience when the price of bitcoin fell down from 1200+ to such a low price i think now people have become too much mature and they do not sell their bitcoin in panic like situation.

[wxa7115]

It may be more stable than it was before but I don't accept that this is natural, sustainable growth.  Nothing just grows by basically half its value in a few weeks - it seems like all this is just based on huge amounts of hype that Bitcoin has built up recently (partially because of the ETF).  Before it continues to grow healthily as it did from 2014 to a couple of months ago, we'll inevitably see another crash.  Even if the ETF is approved, it'll just cause a slightly higher bubble, which will burst before the ETF actually starts bringing healthy growth to Bitcoin.

Even if you are correct we are not going to see 200 dollars per bitcoin, if I remember right bitcoin was around 600 when all of this began so assuming there is an overreaction then bitcoin may touch the 500 at worst but then the price is going to go up once again as we all know.

[berserkinterbuy]

It may be more stable than it was before but I don't accept that this is natural, sustainable growth.  Nothing just grows by basically half its value in a few weeks - it seems like all this is just based on huge amounts of hype that Bitcoin has built up recently (partially because of the ETF).  Before it continues to grow healthily as it did from 2014 to a couple of months ago, we'll inevitably see another crash.  Even if the ETF is approved, it'll just cause a slightly higher bubble, which will burst before the ETF actually starts bringing healthy growth to Bitcoin.

Even if you are correct we are not going to see 200 dollars per bitcoin, if I remember right bitcoin was around 600 when all of this began so assuming there is an overreaction then bitcoin may touch the 500 at worst but then the price is going to go up once again as we all know.

And as always on this fall, you can not bad money. After all, many users will start to panic and sell bitcoin. Therefore, we need to monitor the situation. Although I believe that all these fluctuations in the bitcoin course are not just that. This is manipulation. After all, bitcoin is not affected.

[Pettuh4]

The current price is not a bubble for bitcoin.

Then what is it if it can just deprecate for over $100 just within the space if a few hours. It really got me scared from yesterday until today.

[Hydrogen]

Based on those charts OP posted, am I right in thinking september -- october are the best months to buy btc?

Does anyone have a month chart of bitcoin's rise from $12-$15 to $50 or whatever it went to around 2011-2012?

[kram31]

i gave all my trust on this .... even to the future this will be awesome i will invest more that banking