When will the bubble pop??

[StarrManUK]

Some bubbles will burst for sure, others will stay and become even bigger, and maybe they won't burst at all. Bitcoin is biggest bubble and wont burst if there is constant demand for it. This fact won't change anything, we could soon see 2k$ BTC we all know this.

Bitcoin is losing almost 1% per day of the total market cap, I still holding some but seriously considering switching more to alts before the flippening really gets crazy.

[1714913188]

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[CoinHoarder]

Some bubbles will burst for sure, others will stay and become even bigger, and maybe they won't burst at all. Bitcoin is biggest bubble and wont burst if there is constant demand for it. This fact won't change anything, we could soon see 2k$ BTC we all know this.

Bitcoin is losing almost 1% per day of the total market cap, I still holding some but seriously considering switching more to alts before the flippening really gets crazy.

I think the alt bubble will pop as well when Bitcoin's does. Historically, that has always been the case.

And to clarify to the above posters... I do not think cryptocurrencies are in a long-term bubble. I think they are still undervalued as far as the longterm goes. However, as with anything that is traded on the free market, there will be massive swings, both positive and negative. I am referring to these swings (or "mini bubbles") when I say the cryptocurrency market is in a bubble. I am still longterm bullish, but this crazy upward trend cannot last forever. What goes up must come down. Mark my words, there will be a correction sooner or later.

[European Central Bank]

I think the alt bubble will pop as well when Bitcoin's does. Historically, that has always been the case.

bitcoin is not in any type of bubble. sentiment is pretty low. no one's talking bank loans or million dollar prices next year. the price has risen strongly which makes it a rally. since you were around in 2013 you should know what a bitcoin bubble looks like. it's not this.

many alts certainly are in a bubble.

[konamist]

I think the bubble will not pop until the end of 2017

[CoinHoarder]

I think the alt bubble will pop as well when Bitcoin's does. Historically, that has always been the case.

bitcoin is not in any type of bubble. sentiment is pretty low. no one's talking bank loans or million dollar prices next year. the price has risen strongly which makes it a rally. since you were around in 2013 you should know what a bitcoin bubble looks like. it's not this.

many alts certainly are in a bubble.

Hmmm, you are pretty much arguing semantics. Call it an extended rally or call it a bubble. Same thing. When the price has rallied from $225 to $1350 in 9 months... I call that a bubble. The graph looks similar to when it bubbled in 2013. Sure, it may go a bit higher this time, but the result will be the same.

[European Central Bank]

Hmmm, you are pretty much arguing semantics. Call it an extended rally or call it a bubble. Same thing. When the price has rallied from $225 to $1350 in 9 months... I call that a bubble. The graph looks similar to when it bubbled in 2013. Sure, it may go a bit higher this time, but the result will be the same.

if it goes from 1300 to 13000 in one month then i'll be fully confident that we're in bubble territory and i'll be running for the exit.

i'd argue that that 200-250 price was the result of a combination of the 2013 peak being partly pure fiction thanks to gox and the subsequent doldrums was price intense suppression from the bullshit exchanges in china. now they're gone the basis of this rise has been far more down to increasing demand. if china was fully functional this price would have been dumped to death before it got anywhere near it.

check the localbitcoins volumes and the constant pressure on block space compared to 2013. of course a bunch of that is down to people trying to get into alts too but this is more than just another nosedive in waiting.

[MedaR]

Bitcoin will go up more definitely, you can see what SegWit made for LTC, this will be used for best pump ever. Who knows what can happen, if BTC jumps 30% overnight everybody will join the train as always. Alts without strong comunities will suffer the most.

[CoinHoarder]

The ALT bubble is showing signs of popping today. It is still too early to tell, but there's a lot of blood in the streets across the board.

Bitcoin reached a new all time high today. I'd say it is inching towards a bubble of its own. I agree it could possibly go higher... maybe to $2k or so before popping, but it could just as easily pop sooner.

I sold all of my ALTs yesterday and today, and now I am waiting on Bitcoin to show signs of a pop.

Bitcoin will go up more definitely, you can see what SegWit made for LTC, this will be used for best pump ever. Who knows what can happen, if BTC jumps 30% overnight everybody will join the train as always. Alts without strong comunities will suffer the most.

Hmmm. I have not seen anything about Bitcoin adopting Segwit. Acceptance is only at 36% now... http://www.segwit.co/