Bitcoin is a bubble that's gonna burst...

[Qartersa]

So the moral of the story is don't buy bitcoin, because you know it's going to crash again!

Correction is possible on bitcoin price and I think that have already happened few days ago, price jumped from $2700 to $1900 and now already on uptrend. Current bullish trend is not a bubble there is strong buy support at $2000 and that is new floor for another pump.

It didn't dip below $2000 the last time whales were dumping and so I guess its all going to go up to 3k. If it don't, it wouldn't dip below 2k too so its going to plat around 2200 and up and will eventually bubble to 3,500. If you are also looking into this, you'd start dumping your tokens using a sell wall and prepare for btc rise.

My thoughts exactly. This is similar to what happened back in january when prices went up to $1,300 then it dropped by to $800 then just continued to rise up. So I think the drop from $2,700 back to $2,000 is similar. We will not see anything below this anymore and might see that $3,000 levels on the next time it does rise.

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[socks435]

So the moral of the story is don't buy bitcoin, because you know it's going to crash again!

Correction is possible on bitcoin price and I think that have already happened few days ago, price jumped from $2700 to $1900 and now already on uptrend. Current bullish trend is not a bubble there is strong buy support at $2000 and that is new floor for another pump.

It didn't dip below $2000 the last time whales were dumping and so I guess its all going to go up to 3k. If it don't, it wouldn't dip below 2k too so its going to plat around 2200 and up and will eventually bubble to 3,500. If you are also looking into this, you'd start dumping your tokens using a sell wall and prepare for btc rise.

My thoughts exactly. This is similar to what happened back in january when prices went up to $1,300 then it dropped by to $800 then just continued to rise up. So I think the drop from $2,700 back to $2,000 is similar. We will not see anything below this anymore and might see that $3,000 levels on the next time it does rise.

Possible that i think the price can be rise up on december because this the time that always price is increase where we can see almost x2 increase remember last year and 2015 we are experience of huge increase starting from november to december until january when seeing more price increase..
so 3k value is much more possible to happen this coming december..

[ImHash]

We know it and yet we're enjoying it while losers and FUDers will stand by like potato and will do nothing but looking and fuding.
Last time everyone talked about going back to $1200 but looks like bitcoin is once again surprising us, 3 hours ago I was looking at the price being $2400 and now I see it already hit $2560.
It's nothing compared to the time when millions of people start to realize what is bitcoin really, many people still having a hard time to understand what a decentralized digital currency is, I'd suggest not to tell anyone about it and let us accumulate and hoard as many coins as we can afford to before suddenly jumping above $3000.

[richardsNY]

It didn't dip below $2000 the last time whales were dumping

Not sure how you could have missed it, but actually, it did dump below the $2000 level.

Bitstamp -- $1850
GDAX -- $1915
Bitfinex -- $1810
BTC-E -- $1719

Other than that, I don't understand why people constantly keep referring to a bubble, while we're not even in an initial bubble stage. Some people just can't wrap their head around the fact that despite the scaling inconveniences that we are facing, the market still manages to continue going up. Crashes have always been a part of Bitcoin, but the main thing is that they haven't had any effect on the long term price....

[dothebeats]

Except that this so-called bubble keeps on popping and getting bigger, lol. Usually, a bubble only lasts a single cycle hen we begin accumulating again and on and on and on, but may I ask how long have we been in this situation? If in case this is a bubble, then it doesn't stop at $2700. Lucky are the ones who bought back at sub-$2000 because this train isn't stopping any time sooner.

[lumeire]

It didn't dip below $2000 the last time whales were dumping

Not sure how you could have missed it, but actually, it did dump below the $2000 level.

Bitstamp -- $1850
GDAX -- $1915
Bitfinex -- $1810
BTC-E -- $1719

Other than that, I don't understand why people constantly keep referring to a bubble, while we're not even in an initial bubble stage. Some people just can't wrap their head around the fact that despite the scaling inconveniences that we are facing, the market still manages to continue going up. Crashes have always been a part of Bitcoin, but the main thing is that they haven't had any effect on the long term price....

We've been here before again and again, yet every time it bursts and recovers a new higher floor value always becomes established. Unless a true security issue is discovered, it'll remain increasing in value every cycle.

[Rahar02]

Bitcoin has been going through the same way until today, sometimes bubble then decline

when everyone with the desire and means to buy in and has already bought in, there's nobody left to buy in at a higher price

At that point, bitcoin price will significant decrease again due to many adopters don't want miss out the chance to get profits, sell at higher rate.  

bubbles that will soon pop as price crashes back to near-zero.

But not to near zero obviously, just a bit dip for a while because it always increase over time.
That isn't just a theory as we have seen the prove over the past 8 years. People believe in bitcoin and support its existence on economics circulation.