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Author Topic: Is Bitcoin in a bubble right now?  (Read 1768 times)
X-ray
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March 24, 2017, 12:59:25 PM
 #21



Considering the tighter China regulations, the possible upcoming fork, and the rejection of the etf, could it be that bitcoin can actually go down to th $700-800 and settle there?

What do you guys think?
That's all of the bad news about the bitcoin. But in my opinion if looks the upcoming hardfork is to be the serious problem and it will give a lot of the impact to the bitcoin market. More people will feel panic to sell his bitcoin and looks like bitcoin is dying right now. $980 and it's really bad. I think the maximum bottom for the bitcoin is $900. I don't think if the bitcoin will go lower rather than its price.


     
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March 24, 2017, 01:05:22 PM
 #22



Considering the tighter China regulations, the possible upcoming fork, and the rejection of the etf, could it be that bitcoin can actually go down to th $700-800 and settle there?

What do you guys think?
- Tighter china regulation and fud regarding PBOC investigation have already caused massive dump few months ago so i don't think it still have some effect on market.

- Rejection of the ETF by SEC is also an old news

- The only reason we can assume right now is the fear regarding possible dump after network split, but i don't think that gonna happen.

- I will be happy to buy back at $700-$800 range, but i don't think price can go to that level  Grin

the possible fork may really be dragging the price down to less than $800. investors already flock after seeing the price of BU started with 200usd, they are buying BU to full their bags with it. the cheaper the better. the bu existence on exchanges will soon prove to have volume and thus serves as concensus to decide the splitting of the chain.

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March 24, 2017, 01:16:27 PM
 #23

It was clearly a bubble when it hit 1270$ but not now.

Normal bottom price should be around 900-950$ at the moment. If it goes lower than 900$, that would result in a disturbance and can cause serious anomalies in the normal timeline.

But fear not, if it goes lower than 900$, it also means that it is cheaper than it should be
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March 24, 2017, 01:28:31 PM
 #24

People are wondering why the price is just continually sinking and not coming back up. It's a combination of BU, scared investors, and the supposedly upcoming hard fork which will be horrible for us. It's no wonder we're all going down with all this drama going on right now. I'm sure we'll rise right back up after this is all over.














 

 

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March 24, 2017, 01:31:00 PM
 #25

People are wondering why the price is just continually sinking and not coming back up. It's a combination of BU, scared investors, and the supposedly upcoming hard fork which will be horrible for us. It's no wonder we're all going down with all this drama going on right now. I'm sure we'll rise right back up after this is all over.
Or now is January 2014 and we are starting a long descent before the recovery starts again!
I hope that isn't the case, but it isn't impossible.  Wasn't it at about that time when the alts started going crazy too?

We'll see soon enough, but I hope we get back to $1100 soon, then I will believe that this isn't the start of a big decline.


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March 24, 2017, 01:35:49 PM
 #26

People are wondering why the price is just continually sinking and not coming back up. It's a combination of BU, scared investors, and the supposedly upcoming hard fork which will be horrible for us. It's no wonder we're all going down with all this drama going on right now. I'm sure we'll rise right back up after this is all over.
Or now is January 2014 and we are starting a long descent before the recovery starts again!
I hope that isn't the case, but it isn't impossible.  Wasn't it at about that time when the alts started going crazy too?

We'll see soon enough, but I hope we get back to $1100 soon, then I will believe that this isn't the start of a big decline.
Alts are no big deal, they're in their usual pump and dump cycle that wears out quick. The real thing you need to worry about is all of this BU shit that will decimate bitcoin if it ever happens. One of the reasons I'm firing up my old miners and hitting core pools














 

 

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March 24, 2017, 01:36:52 PM
 #27

People are wondering why the price is just continually sinking and not coming back up. It's a combination of BU, scared investors, and the supposedly upcoming hard fork which will be horrible for us. It's no wonder we're all going down with all this drama going on right now. I'm sure we'll rise right back up after this is all over.
Or now is January 2014 and we are starting a long descent before the recovery starts again!
I hope that isn't the case, but it isn't impossible.  Wasn't it at about that time when the alts started going crazy too?

We'll see soon enough, but I hope we get back to $1100 soon, then I will believe that this isn't the start of a big decline.
We are declining for over a month now. It wont get any furhter. This is the time to load guys. Big profit guaranteed in a couple of months.

BTC here for more good charts and trading advice : 1AtPziQf3vYNV9ppLba6USdn1auVwD6a3z
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March 24, 2017, 01:39:13 PM
 #28

People are wondering why the price is just continually sinking and not coming back up. It's a combination of BU, scared investors, and the supposedly upcoming hard fork which will be horrible for us. It's no wonder we're all going down with all this drama going on right now. I'm sure we'll rise right back up after this is all over.
If people are wondering why the price is going down, then they obviously don't know where they have put their money in.

Every serious minded investor thinks through every dollar he invests into something, and when things are about to get serious, he also knows what the reason for that is. It says a lot about people here..

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March 25, 2017, 02:28:02 AM
 #29



Considering the tighter China regulations, the possible upcoming fork, and the rejection of the etf, could it be that bitcoin can actually go down to th $700-800 and settle there?

What do you guys think?

I don’t think so.

The price is high compared to the average price is bitcoin history, sure, but really the price has been slowly rising instead of going up by $500 a day like what happened back in 2013 as the person above me has stated.

The problem with the 2013 pump was that the price went up too high too fast, and this time it’s different.

If you want security, simply sell your coins and wait for this hard fork thing to settle. But that way you are probably going to miss out on potential profit generated through this time period.

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March 25, 2017, 04:28:14 AM
 #30



Considering the tighter China regulations, the possible upcoming fork, and the rejection of the etf, could it be that bitcoin can actually go down to th $700-800 and settle there?

What do you guys think?
- Tighter china regulation and fud regarding PBOC investigation have already caused massive dump few months ago so i don't think it still have some effect on market.

- Rejection of the ETF by SEC is also an old news

- The only reason we can assume right now is the fear regarding possible dump after network split, but i don't think that gonna happen.

- I will be happy to buy back at $700-$800 range, but i don't think price can go to that level  Grin

Well amigo, that $700 price is a mind-flip for me. I still cannot decide whether to buy as many bitcoins as possible or to let go of my current BTCs... do you think it is still a great idea to hold on rather than moving into an altcoin?
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March 25, 2017, 04:42:23 AM
 #31



Considering the tighter China regulations, the possible upcoming fork, and the rejection of the etf, could it be that bitcoin can actually go down to th $700-800 and settle there?

What do you guys think?
- Tighter china regulation and fud regarding PBOC investigation have already caused massive dump few months ago so i don't think it still have some effect on market.

- Rejection of the ETF by SEC is also an old news

- The only reason we can assume right now is the fear regarding possible dump after network split, but i don't think that gonna happen.

- I will be happy to buy back at $700-$800 range, but i don't think price can go to that level  Grin

Well amigo, that $700 price is a mind-flip for me. I still cannot decide whether to buy as many bitcoins as possible or to let go of my current BTCs... do you think it is still a great idea to hold on rather than moving into an altcoin?

i think if you can hold it for a while and if you want to grow your bitcoin amount, then you can do trading altcoin but this is only if you have knowledge in trading. if you don't have any knowledge, its better to hold your bitcoin and don't even think to investing in any programs in out there because you don't know if its works or not.

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March 25, 2017, 07:26:25 AM
 #32



Considering the tighter China regulations, the possible upcoming fork, and the rejection of the etf, could it be that bitcoin can actually go down to th $700-800 and settle there?

What do you guys think?
- Tighter china regulation and fud regarding PBOC investigation have already caused massive dump few months ago so i don't think it still have some effect on market.

- Rejection of the ETF by SEC is also an old news

- The only reason we can assume right now is the fear regarding possible dump after network split, but i don't think that gonna happen.

- I will be happy to buy back at $700-$800 range, but i don't think price can go to that level  Grin

Well amigo, that $700 price is a mind-flip for me. I still cannot decide whether to buy as many bitcoins as possible or to let go of my current BTCs... do you think it is still a great idea to hold on rather than moving into an altcoin?

i think if you can hold it for a while and if you want to grow your bitcoin amount, then you can do trading altcoin but this is only if you have knowledge in trading. if you don't have any knowledge, its better to hold your bitcoin and don't even think to investing in any programs in out there because you don't know if its works or not.
Right now price drop with bitcoin is continuing, same time few other altcoins were on the rising side. So as suggested altcoins trading is profitable for people who have knowledge in it. Else holding will surely profit because till date bitcoin have crossed several hurdles that were found on the way to reach high.


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March 25, 2017, 07:46:06 AM
 #33



Considering the tighter China regulations, the possible upcoming fork, and the rejection of the etf, could it be that bitcoin can actually go down to th $700-800 and settle there?

What do you guys think?

Yes, i definitely think that bitcoin is in a bubble right now. The price is too high for no reason in my opinion, even after the ETF was rejected and there are rumors of a hard fork(actually not rumours now but rather a very real probability that there will be a hard fork), the price has stayed almost the same.

I’d rather see bitcoin at a $800 level than at a $1000 level right now, that would reflect that the bitcoin price isn’t inflated.

But still, i don’t mind having a chance to sell expensive coins… I’ll sell now and buy back later.














 

 

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March 25, 2017, 08:00:09 AM
 #34

Yes, i definitely think that bitcoin is in a bubble right now.
LOL!

The price is too high for no reason in my opinion, even after the ETF was rejected and there are rumors of a hard fork(actually not rumours now but rather a very real probability that there will be a hard fork)
It's still a potential threat of a hard fork, and that's all it is. People wildly speculate while they have no clue about what will happen. It's all speculation that hold no value. The only entities knowing what will happen are the miners themselves. Nothing has changed in that regard.

I’d rather see bitcoin at a $800 level than at a $1000 level right now, that would reflect that the bitcoin price isn’t inflated.
Bitcoin at $1200-$1300 could be seen as inflated, but not when it sits at $1000 as that was somewhat of a steady point.

But still, i don’t mind having a chance to sell expensive coins… I’ll sell now and buy back later.
Good luck with that, and I am sure people will thank you for your coins at current levels. Smiley

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March 25, 2017, 02:40:47 PM
 #35

Double top at $1200.  I'm nervous about a bear market to $500.
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March 25, 2017, 04:35:54 PM
 #36

Double top at $1200.  I'm nervous about a bear market to $500.

Bitcoin to $500 seems unlikely and I had said before the drop that it could go to $900 or lower. I think $500 would only happen if there was a hard fork.

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March 25, 2017, 08:20:08 PM
 #37



Considering the tighter China regulations, the possible upcoming fork, and the rejection of the etf, could it be that bitcoin can actually go down to th $700-800 and settle there?

What do you guys think?
- Tighter china regulation and fud regarding PBOC investigation have already caused massive dump few months ago so i don't think it still have some effect on market.

- Rejection of the ETF by SEC is also an old news

- The only reason we can assume right now is the fear regarding possible dump after network split, but i don't think that gonna happen.

- I will be happy to buy back at $700-$800 range, but i don't think price can go to that level  Grin

Well amigo, that $700 price is a mind-flip for me. I still cannot decide whether to buy as many bitcoins as possible or to let go of my current BTCs... do you think it is still a great idea to hold on rather than moving into an altcoin?

i think if you can hold it for a while and if you want to grow your bitcoin amount, then you can do trading altcoin but this is only if you have knowledge in trading. if you don't have any knowledge, its better to hold your bitcoin and don't even think to investing in any programs in out there because you don't know if its works or not.
Right now price drop with bitcoin is continuing, same time few other altcoins were on the rising side. So as suggested altcoins trading is profitable for people who have knowledge in it. Else holding will surely profit because till date bitcoin have crossed several hurdles that were found on the way to reach high.

yes but the time is right for buying some coins. what best we can do is we have to wait so that price again go high but it needs a month of time i feel. but btc is not at all bubble coz we all know how it has progressed from many years, today is little bit in difficult situation for sure coming days will bring us hope. Keep things so that you will adjust at this situation: keep faith in btc and have patience till you see the price is high.
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March 25, 2017, 08:22:49 PM
 #38

It was clearly a bubble when it hit 1270$ but not now.

Normal bottom price should be around 900-950$ at the moment. If it goes lower than 900$, that would result in a disturbance and can cause serious anomalies in the normal timeline.

But fear not, if it goes lower than 900$, it also means that it is cheaper than it should be

Exactly, and that means it's really impressive how little Bitcoin has dropped.  There was a lot of hype and arguably pumping with the Bitcoin price, but I start to think that it wasn't pumping if really negative prospects of a HF don't send the price below $800 at least.
zimmah
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March 26, 2017, 02:12:00 PM
 #39



Considering the tighter China regulations, the possible upcoming fork, and the rejection of the etf, could it be that bitcoin can actually go down to th $700-800 and settle there?

What do you guys think?

a fork would be good for the price of bitcoin.   

the price is low because of uncertainty, a fork would give stabilty, so the price would go up again.
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March 26, 2017, 02:16:03 PM
 #40



Considering the tighter China regulations, the possible upcoming fork, and the rejection of the etf, could it be that bitcoin can actually go down to th $700-800 and settle there?

What do you guys think?

a fork would be good for the price of bitcoin.   

the price is low because of uncertainty, a fork would give stabilty, so the price would go up again.

I agree. Just cut out the rotten part to let it go up again. Worked fine for Ethereum.

BTC here for more good charts and trading advice : 1AtPziQf3vYNV9ppLba6USdn1auVwD6a3z
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