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Author Topic: Is this a bubble? When will it burst?  (Read 1882 times)
virtualdn (OP)
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May 20, 2017, 10:54:30 AM
 #1

Can we see BTC return to $1,000 again? As much as I like BTC I still think this scenario is possible... don't invest more you can lose.

1 BTC = 1 BTC
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May 20, 2017, 11:02:40 AM
 #2

Can we see BTC return to $1,000 again? As much as I like BTC I still think this scenario is possible... don't invest more you can lose.

Personally, I don't believed that it can go down to $1000 level. Japan and other nation now are investing into bitcoin.

The scenario is possible, yes, I agree. But it will take what negative impact to begin with?

Casual investors like many of us, has trusted bitcoin more than even as compare to the previous years. Yes, I also understand that we should only invest money that we can afford to lose. Thanks for the advise mate.

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May 20, 2017, 11:11:18 AM
 #3

Can we see BTC return to $1,000 again? As much as I like BTC I still think this scenario is possible... don't invest more you can lose.

Most likely - no. It is too big to fall this low, the momentum got too serious nowadays.
I understand your question as you would like to buy some BTC but dont wanna do it now for $2k, and hoping it will drop to 1K for a period of time so you can invest, right?

Yeah, i want to do it too, but I am really afraid if we dont buy for 2k we will eventually do it for 3k =(

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May 20, 2017, 11:22:07 AM
 #4

Can we see BTC return to $1,000 again? As much as I like BTC I still think this scenario is possible... don't invest more you can lose.

If you compare the movement of the market back before at 2013 and todays market trend there is a huge difference. 2013 bubble was caused by the big whales in the bitcoin industry that are hyping the price of bitcoin while the price inflation today was caused by a higher demand of bitcoin due to the increase of users. We may say that the increase in bitcoi users was due to the adoption of bitcoin in Japan. Next month Australia will also adopt bitcoin and we can expect a huge spike coming to bitcoin.
virtualdn (OP)
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May 20, 2017, 11:54:35 AM
 #5

Can we see BTC return to $1,000 again? As much as I like BTC I still think this scenario is possible... don't invest more you can lose.

If you compare the movement of the market back before at 2013 and todays market trend there is a huge difference. 2013 bubble was caused by the big whales in the bitcoin industry that are hyping the price of bitcoin while the price inflation today was caused by a higher demand of bitcoin due to the increase of users. We may say that the increase in bitcoi users was due to the adoption of bitcoin in Japan. Next month Australia will also adopt bitcoin and we can expect a huge spike coming to bitcoin.

There are always altcoins people can move to, it's something we should consider so BTC price going only up is not guaranteed

1 BTC = 1 BTC
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May 20, 2017, 12:00:05 PM
 #6

Can we see BTC return to $1,000 again? As much as I like BTC I still think this scenario is possible... don't invest more you can lose.

The "1000 USD again" scenario will happen only after a hardfork.
I don`t think that this is a bubble.It looks like a steady growth forced by mass adoption of
bitcoin is Japan and some other Asian countries. 




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May 20, 2017, 12:13:40 PM
 #7

Can we see BTC return to $1,000 again? As much as I like BTC I still think this scenario is possible... don't invest more you can lose.

Personally, I don't believed that it can go down to $1000 level. Japan and other nation now are investing into bitcoin.

The scenario is possible, yes, I agree. But it will take what negative impact to begin with?

Casual investors like many of us, has trusted bitcoin more than even as compare to the previous years. Yes, I also understand that we should only invest money that we can afford to lose. Thanks for the advise mate.
yes we are not going to pass from any previous experience any more. i know that the price of bitcoin is trading so high, but the price of bitcoin have still the capabillity to increase more, but the price now can take some correction, and the price can drop some points but we cannot call it as panic selling because after that the price of bitcoin has to start increasing again, because it is expected that the price of bitcoin can cross 3000 USD level at the end of 2017.
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May 20, 2017, 12:20:27 PM
 #8

Can we see BTC return to $1,000 again? As much as I like BTC I still think this scenario is possible... don't invest more you can lose.

I think that this year there is no longer any concern for such a sharp decline in prices. After the recovery, the price is constantly growing and there are prospects for even greater growth.

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May 20, 2017, 12:34:35 PM
 #9

Can we see BTC return to $1,000 again? As much as I like BTC I still think this scenario is possible... don't invest more you can lose.
Any body in the crypto world long enough will know that nothing is impossible and even the $1000 you are predicting, the price can even go below that in a matter of hours and even return to the high price in that same hour. So we don't need any one to tell that story or reminder. Its an implicit risk we are willing to take and that's why we are here.
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May 20, 2017, 12:38:01 PM
 #10

It is possible to lower to $ 1000 if any altcoin exceeds in capitalization to bitcoin, would be the end of his reign
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May 20, 2017, 12:43:08 PM
 #11

You can lower it to 1000 $, if some altcoin takes its place, bitcoin is the first but not the best,
      That's why it's good to diversify, and not just focus on a coin
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May 20, 2017, 12:46:53 PM
 #12

You can lower it to 1000 $, if some altcoin takes its place, bitcoin is the first but not the best,
      That's why it's good to diversify, and not just focus on a coin
seriously? well most of those coins that has been created really wanted to be more useful than btc but like what you have said btc started it
and we can't change the fact that btc already gain attention moving down to this level will need some serious news.

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May 20, 2017, 12:49:26 PM
 #13

Yes, it can go down to this mark only not now. While it is rapidly growing and developing, but if the speed of operations does not improve within a few months, users will have to move to another coin, which will reduce its price.

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May 20, 2017, 12:54:46 PM
 #14

I'm assuming sometime soon we'll have a bear market for a month or two but after that we'll break new ATH records over and over again. This bull run has been amazing so something has to go wrong soon. Maybe an exchange goes down or satoshi wakes up from his cryogenic chamber and sells off his bitcoins.
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May 20, 2017, 12:59:44 PM
 #15

Like it or not, we're all having some sort of insecurity about what lies in the future. This is still very much uncharted territory and we hope that we are part of something that's going to be big, something that's going to stay. But yes, if we're invested (time or money), we have to temper expectations with a bit of prudence. Either way, what a ride this is turning out to be, eh?

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May 20, 2017, 01:05:21 PM
 #16

This time, Bitcoin has matured.

It doesn't matter whether there's going to be a bubble in the near future - there might - but even if there is, it'll be a speculative bubble based on real knowledge.

Actually, the most important thing to note about the current situation is that the Bitcoin search volume is still much lower than in 2013, but the blockchain search volume is much higher than then

This shows that people's attitudes are maturing and centering around the real potential of the technology rather than the basics of how to use it for now.  It also shows a growth in institutional investment rather than weak hands who will drop out in a year.

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May 20, 2017, 01:06:52 PM
 #17

It might not go down to $1000, but there WILL be some profit taking, there always is. Note that some issues still haven't been solved: you can't withdraw BTC from the chinese exchanges (it's been that way since feb), the mtgox coins might come on the market, they might be solvent at this level, and so on.

If you invested $1000 when the price was below $1000, cash out some of your state and bank those profits, and let the rest ride.

 
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May 20, 2017, 01:12:09 PM
 #18

I'm assuming sometime soon we'll have a bear market for a month or two but after that we'll break new ATH records over and over again. This bull run has been amazing so something has to go wrong soon. Maybe an exchange goes down or satoshi wakes up from his cryogenic chamber and sells off his bitcoins.
i do really expect this thing to happen anytime that the bubble will pop.out and it will down soon and we should really be ready on that one but going back to $1k would really be hard to believe seeing on the current pricepoint going back to less price but going that lower again seems impossible.lets just go with the flow as of now but we do ready anytime to happen on the price.

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Tyrantt
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May 20, 2017, 01:19:34 PM
 #19

The price may drop after the bursting of a bubble or the dump I've seen someone speaking of here but even if that happens I doubt that the price will remain around 1000$ for some longer time. You can always use the alt-coins. :p

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May 20, 2017, 01:29:28 PM
 #20

It is possible to lower to $ 1000 if any altcoin exceeds in capitalization to bitcoin, would be the end of his reign

bullshit.
market cap is just a meaningless number that is used to fool newbies with. and it is a way to attract them to buy the shitcoins so that the pumpers can make more money while the gullible buy their overpriced coins.

and as you can see ripple has already gotten bigger market cap and it is still the same shit as it was before without any usage. and meanwhile bitcoin has still be rising, ~$300 up from this picture.


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