Is this a REAL Bitcoin bubble?

[hector3115]

I got in a couple of months after the 2013 bubble and I've waited for soooo long!

Should I put my two weeks notice in at work??

[gentlemand]

Not yet. It's a very strong rally. A bubble is when you wake up every morning for a few days in a row and say 'what the fuck?' when you check the price.

Perhaps there never will be another bubble like 2013. It would require a vast amount of money. Or perhaps that'll be like a drop in the ocean if enough people get excited enough.

[Hunyadi]

I'm waiting for 2k weekly candles 

[Kprawn]

What Bubble?   ...... We have a steady climb upwards.... and we have been hanging above $1000 for a while now. Let's say the SEC approve the

ETF, then this bubble will grow much bigger... if you want to call it that.   ....The estimated price per Bitcoin might jump to $3000+ if this

happens and you would kick your own ass, if you sold now.  

[richardsNY]

Nah, I think it's confidence and the ETF that are driving up the price to a new all time high today. We even broke through MtGox's all time high today! But everyone basically knows that the price can't continue to go up without the usual corrections and stagnant periods. I just hope we can finally maintain our position above the $1000 level for real now.

[Paashaas]

Bubbles are inevitable, we will be seeing a few big ones underway to mainstream. Enjoy the ride!

[Yanisumin]

Nah, I think it's confidence and the ETF that are driving up the price to a new all time high today. We even broke through MtGox's all time high today! But everyone basically knows that the price can't continue to go up without the usual corrections and stagnant periods. I just hope we can finally maintain our position above the $1000 level for real now.

I expect the price to drop to around $1200 and then it will rise to $1500 again.

[agustina2]

I got in a couple of months after the 2013 bubble and I've waited for soooo long!

Should I put my two weeks notice in at work??

Forget profits for the current price today as it will increase more. There are lots of basis to believe on that even by technical or self explanatory thing. This isn't a bubble since it was not happen in an instant.

Im not that optimistic and believes that price will decrease thereafter but we are just preparing for another bubble form. I can't considered today's action as a bubble. We have a BIG ONE coming. Hold and hold and hold.

[manselr]

Compare the angle that goes from $85 to the $1163 peak then the angle that goes from $152 to the current ATH peak. You can do it yourself in bitcoinwisdom.com thanks to the nice lines it has. Now you will see that the current rise is very reasoanble and we are not still yet in bubble territory.

Bitcoin marketcap is still tiny, if real big pockets jump in we would see $10,000 in no time, then you can consider that a bubble.

[DefendKebab]

Should i sell my mercedes benz s500 2007 to buy bitcoin ?

[BitHodler]

Compare the angle that goes from $85 to the $1163 peak then the angle that goes from $152 to the current ATH peak. You can do it yourself in bitcoinwisdom.com thanks to the nice lines it has. Now you will see that the current rise is very reasoanble and we are not still yet in bubble territory.

Bitcoin marketcap is still tiny, if real big pockets jump in we would see $10,000 in no time, then you can consider that a bubble.

That's why it's important to see the ETF get approved this month. Big players are waiting for a professional platform that allows them to open up positions into Bitcoin.

Of course they don't actually own the coins if they buy themselves into the ETF, but that's most likely not a big deal for them as they only look for the security that the SEC provides them with.

Can you imagine seeing on the news that pension funds allocate 1 or 2% of their portfolio purely for Bitcoin? If things go well in that matter, then we'll even leave $10,000 far behind.

[Vikingr]

You can see that the price of bitcoin is increasing continuously and with constant rhythm and in the past we all have saw that this type of increase in price are not just a bubble but they are the real increase of the value of bitcoin so it will not go back the price of bitcoin will increase more high if continued like that.

[mindrust]

It is all fucked up at the moment. Money exits from one currency, enters the other and so on. Look at dash, nvc, eth, btc; all are pumped like mad. It is like 2013 all over again. Even ltc woke up and have gotten its pump. Ltc was as dead as my shoes. Somebody is playing with cryptos and when he has his fun, we will go back where we were before.

[HanSchultz]

Should i sell my mercedes benz s500 2007 to buy bitcoin ?

If you own a Benz car then you could have purchased bitcoins without selling the car,hope you did win a lottery to own the car how pitty . I do think we could see a correction pretty soon and i will be happy to get the maximum profit out of the bubble.

[richardsNY]

Nah, I think it's confidence and the ETF that are driving up the price to a new all time high today. We even broke through MtGox's all time high today! But everyone basically knows that the price can't continue to go up without the usual corrections and stagnant periods. I just hope we can finally maintain our position above the $1000 level for real now.

I expect the price to drop to around $1200 and then it will rise to $1500 again.

Honestly, a drop to $1200 is nothing as we were at $1215 earlier today. Right now with the ETF date still ahead of us I think it's fairly safe to say that the price will continue to increase till March 11. With no positive news at that day the price might even drop far below $1100 where a test of the $1000 is still a realistic scenario. But in case we do get an approval at that day, then we might see the price break through $1400-$1500 at best. After that I prefer the market to calm down.

[Raimonn]

I don't see this time increasing as a bubble, isn't a fast movement, and there are real news like the ETF. And this time China exchanges aren't leading the increase movement.

[infofront]

This isn't even close to being a bubble yet. ETF approval could cause a bubble to begin forming though.

[Amph]

not yet, a bubble isn't something that you can see two time in a row so fast, i'm talking about the fact that this value was reached not long tiem ago before the dump from chinese exchange

we were at $1160, being at $1250 now, isn't much of a difference, a bubble at this point should go above $1500 at least or 2k to be called so

[Herbert2020]

the steps we took to rise up to the current price doesn't show a bubble yet but the rise is a bit scary and not-so-common for bitcoin to keep on rising like this. if we break the $1300 resistance in the following days then i am going to start expecting a big correction on the way. but i still can not call it a bubble though.
it is mostly because of the ETF on the way and by 11th things will slow down.

[Osinarad]

the steps we took to rise up to the current price doesn't show a bubble yet but the rise is a bit scary and not-so-common for bitcoin to keep on rising like this. if we break the $1300 resistance in the following days then i am going to start expecting a big correction on the way. but i still can not call it a bubble though.
it is mostly because of the ETF on the way and by 11th things will slow down.

If the bitcoin price rises with the number of users, there is no bubble.