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Author Topic: When this bubble will burst?  (Read 627 times)
pijanyAniol
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May 04, 2017, 05:43:36 PM
 #1

Recent weeks have been ridiculous for cryptocurrencies. Almost all major one have hit their ATH , apart from Litecoins (i'm rooting for ya little fella!). It really feels like we are at the verge on another bubble atm. When will it burst though?

I think someone said that in cryptoworld in terms of technology and adoption we are like internet in 1992, but int terms of Hype like internet in 1998.

It feels like it almost has to burst. The question is - how big this bubble will get?
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May 04, 2017, 05:49:51 PM
 #2

If theres anyone out there who knows when this price surge will stop definitely they will start selling. No one one can predict when BTC price will drop as there are factors that you need to consider but there is one thing that is based in history that will ruin this run and that is if one known exchange site closes down or got hacked just like Mt Gox and Bitfinex.

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May 04, 2017, 05:51:47 PM
 #3

I don't like to be pessimistic but the current bull trend on almost every alts along with bitcoin is suggesting another burst is on its way. Best for now is to sell half of your holding for fiat like me.

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May 04, 2017, 05:52:46 PM
 #4

We are definitely in bubble mode, though who knows if it will pop tomorrow, or inflate many factors more.

Better to let your profits run... for now.

~Bitcoin~
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May 04, 2017, 06:10:48 PM
 #5

Nobody cares about current bull trend when they are making alot of money out of it and i have also made nice profit in all this pumps on each and every coin we have these days. But now i am quite scared about possible huge correction on all of this alts and bitcoin. Hope this bubble will not burst in next few days.  Grin

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May 04, 2017, 06:35:54 PM
 #6

no one cares mate as we all here trying to earn and while is bubble is keep ongoing we are getting good benefits from it so whether it will go higher than what we are aiming as long as we are making some good profits just let it happen.

  

 
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May 04, 2017, 06:39:52 PM
 #7

The bitcoin price is rising like crazy and i think this whales have a plan for the bitcoin and they just teaming up for an agreement that they want to reach the bitcoin price at least $2,000 and i think that is when the dump will happen because whales will exit the manipulation and get a lot of profit from innocent buyers, We should not be feel safe to this kind of price movement because it is too risky for now.

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May 04, 2017, 06:43:30 PM
 #8

It is not a bubble this time.

The growth is real. According to zerohedge/coindesk, the volume mostly comes from Japan.


After bitcoin was ackknowledged as an official currency by Japan, Japanese people rushed into bitcoin like crazy. This pump comes from only one country after bitcoin became mainstream. Now imagine what would happen when it becomes mainstream in other developed countries like Germany, France, Norway. I know bitcoin is already well known in those countries but when it becomes mainstream, even the average Joe on the street will have a clue about it, not only geeks.

Look at it, EUR has only %5 of the trading volume of last 24h. Can you imagine the possible growth now? Free Hint: 100k$

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May 04, 2017, 06:49:37 PM
 #9

What do you mean bubble?

Price goes up you margin buy.
Price goes down you margin sell.

In any case you still earn fiat, until you use some body money. Until exchanges exist Smiley
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May 04, 2017, 08:51:33 PM
 #10

When ever the 5 big whales run out of cash I presume, mostly though they have accumulated some altcoins over time and now is the perfect timing while they have caused a disappointment of Bitcoin among the community and the community were desperately looking for some alternatives suddenly everything started to glow in market cap sense.
With Bitcoin it wont matter if it's a pump or bubble because we're actually using it in the real world unlike other alts, I haven't seen any website showing ETH-LTC-DASH-XMR Accepted here have you?

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May 04, 2017, 08:53:22 PM
 #11

I am always in 2 mind, to buy or not  Huh
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May 04, 2017, 09:17:08 PM
 #12

Recent weeks have been ridiculous for cryptocurrencies. Almost all major one have hit their ATH , apart from Litecoins (i'm rooting for ya little fella!). It really feels like we are at the verge on another bubble atm. When will it burst though?

I think someone said that in cryptoworld in terms of technology and adoption we are like internet in 1992, but int terms of Hype like internet in 1998.

It feels like it almost has to burst. The question is - how big this bubble will get?
To be honest, I also think that we should expect some kind of a bubble break. It is because that bitcoin price has risen over 1600$ from 1300$ in such a short time.
It is almost unbelievable that we could witness such an extreme rise, after all BTC price was pretty stable last times but as we can see, it has started to regain its previous volatility.

That all comes together with really big altcoin price increase, which is kind of frightening for me. If everything goes up, Im really getting worried if it is just not a bubble.
In most cases, when BTC increases its price, the other cryptocurrency are going down, but we dont see this usual situation this time.
Well, luckily I have sold most of my bitcoins on this great price, so im not really worried about my funds Smiley

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May 04, 2017, 09:35:16 PM
 #13

It feels like it almost has to burst. The question is - how big this bubble will get?
I do not expect burst here as the user base is well enough to back these up surges of cryptocurrencies. I guess some wall street investors are turning into cryptocurrencies investments. This is highly possible as bitcoin is being covered by media for its frequent applications for etf.
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May 04, 2017, 09:37:03 PM
 #14

About  this theory that this time it is not bubble but organic growth caused by Japan adoption.
It might be true to certain degree, but bitcoin is still a bitcoin, it is shaped by people's emotion above all else.
If masses of new users got scared or will be exposed to negative news, how long it will take for them to sell all coins?


BTW: Why market is showing signs of minor decline? What is current stable support level? $1500?


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