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Question: When will the Bitcoin bubble burst and what will happen after?  (Voting closed: November 25, 2017, 01:45:22 AM)
Never! - 11 (37.9%)
Soon - 8 (27.6%)
Very soon - 4 (13.8%)
next 50 years - 3 (10.3%)
Nearest future - 3 (10.3%)
Total Voters: 29

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Author Topic: When will the Bitcoin bubble burst?  (Read 1399 times)
DaMut
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October 26, 2017, 01:12:00 PM
 #21

Nobody can predict it because until now we're still finding its real value,
bitcoin price was increasing from time to time because of the popularity and their financial freedom.
if bitcoin itself improving their system and discover something new i believe bitcoin price will keep increasing.
we should see the price declining if nothing new discovered.
i believe many people want to implement it in their business but because of the fees and other reason they hesitated to do it.
if bitcoin can solve it i believe it will never burst and always steadily grow up..
at least at the moment i can not see it will.

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player514
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October 26, 2017, 05:12:19 PM
 #22

Nobody can predict it because until now we're still finding its real value,
bitcoin price was increasing from time to time because of the popularity and their financial freedom.
if bitcoin itself improving their system and discover something new i believe bitcoin price will keep increasing.
we should see the price declining if nothing new discovered.
i believe many people want to implement it in their business but because of the fees and other reason they hesitated to do it.
if bitcoin can solve it i believe it will never burst and always steadily grow up..
at least at the moment i can not see it will.

Is there really one true value of bitcoin? I don't really believe so partially because its price is always shifting (by a lot, that too). People do want to implement blockchain technology into their companies and such, but will that really push the price of bitcoin to keep skyrocketing? I think more importantly we need to look into the support of investors. Once major players decide to pull out and sell their huge amounts, then it's probable that a bubble will burst, but that is a valid statement with almost any investment where there are whales of sorts.

This area is up for grabs! PM me if you're interested.
jekjekman
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October 26, 2017, 09:32:03 PM
 #23

Nobody can predict it because until now we're still finding its real value,
bitcoin price was increasing from time to time because of the popularity and their financial freedom.
if bitcoin itself improving their system and discover something new i believe bitcoin price will keep increasing.
we should see the price declining if nothing new discovered.
i believe many people want to implement it in their business but because of the fees and other reason they hesitated to do it.
if bitcoin can solve it i believe it will never burst and always steadily grow up..
at least at the moment i can not see it will.

I agree with this, The "bubble" won't burst until it has enough air to make it burst.
No one even know if what is the maximum potential price for each coin. Mining is not even done yet.
More and more fud are being made against the coin but the price keeps on rising because more and
more people are believing in it. So Bitcoin maybe a bubble but I consider it as a balloon with a thicker
covering it may burst but not in the next few years.
bitbob82
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October 26, 2017, 11:33:39 PM
Last edit: October 29, 2017, 12:05:15 AM by bitbob82
 #24

Nobody can predict it because until now we're still finding its real value,
bitcoin price was increasing from time to time because of the popularity and their financial freedom.
if bitcoin itself improving their system and discover something new i believe bitcoin price will keep increasing.
we should see the price declining if nothing new discovered.
i believe many people want to implement it in their business but because of the fees and other reason they hesitated to do it.
if bitcoin can solve it i believe it will never burst and always steadily grow up..
at least at the moment i can not see it will.

Is there really one true value of bitcoin? I don't really believe so partially because its price is always shifting (by a lot, that too). People do want to implement blockchain technology into their companies and such, but will that really push the price of bitcoin to keep skyrocketing? I think more importantly we need to look into the support of investors. Once major players decide to pull out and sell their huge amounts, then it's probable that a bubble will burst, but that is a valid statement with almost any investment where there are whales of sorts.
To me i am too much sure that the present value of bitcoin is it true value. I think bitcoin  even have good potential to increase. The real reason of increase in the price of bitcoin is due to the interest of the people. in fact people are too much interested in bitcoin and are investing money in bitcoin which is in fact increasing the price of bitcoin too much.
StockBet.com
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October 27, 2017, 01:01:37 AM
 #25

John McAfee doesn't think it will burst anytime soon.

John McAfee: ‘Bitcoin moves above  $500,000 within three years. Bets?’
https://twitter.com/officialmcafee/status/887012614131372032

After Token Sale, StockBet will enable McAfee and you to bet against each other.

John McAfee: ‘I will eat my d–k’ on national television if I lose $500K Bitcoin bet

tweetbit
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October 27, 2017, 01:08:22 AM
 #26

I don’t know if I’m the one not understanding what a bubble is or you just making controversial way of describing for people to look more further information about its value.

Whatever your purpose is, I stand firm to what I believe in. “Bitcoin is not a bubble and not in a bubble”, because if you were right that it is, why until now it is on the rise and it was been described as a bubble since before.

HODL
Ararbermas
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October 27, 2017, 03:49:58 AM
 #27

When do you feel the Bitcoin bubble will burst and what will happen after?
The rise, decline, rise further pattern- when will it go down and never come up?
when will it go down and never come up? In my opinion now adays bitcoin is in higher value its impossible that after fall it will never come up or rise cause now aday  bitcoin is very popular so it will rise depends on the demand of supply from the market. And also we cannot specule when will be this currency will go dow because its always fluctuate.
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October 27, 2017, 07:49:30 AM
 #28

When do you feel the Bitcoin bubble will burst and what will happen after?
The rise, decline, rise further pattern- when will it go down and never come up?

I am not sure if Bitcoin is the same with other investment instruments that had bubble burst events because of price ceiling. Bitcoin is an unusual investment. It is very volatile and very predictable. But it there is a price ceiling, then it may be the reason of a bubble burst of Bitcoin price. This will happen if the Bitcoin price has reached it's limit and people will then panic sell their Bitcoins dragging down the demand and price of it.
orions.belt19
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October 27, 2017, 08:23:46 AM
 #29

Nobody can predict it because until now we're still finding its real value,
bitcoin price was increasing from time to time because of the popularity and their financial freedom.
if bitcoin itself improving their system and discover something new i believe bitcoin price will keep increasing.
we should see the price declining if nothing new discovered.
i believe many people want to implement it in their business but because of the fees and other reason they hesitated to do it.
if bitcoin can solve it i believe it will never burst and always steadily grow up..
at least at the moment i can not see it will.

I agree with this, The "bubble" won't burst until it has enough air to make it burst.
No one even know if what is the maximum potential price for each coin. Mining is not even done yet.
More and more fud are being made against the coin but the price keeps on rising because more and
more people are believing in it. So Bitcoin maybe a bubble but I consider it as a balloon with a thicker
covering it may burst but not in the next few years.

Many have been saying that it is in a "bubble" for many times already yet bitcoin continues to rise and grow. Perhaps its unusual nature has made an unusual bubble; as you have said, a balloon with thicker covering. For now, bitcoin continues to grow and I believe that it still has plenty of room for growth and its potential is very promising. Bitcoin still has a long way to go. We may not know until when but for now it is still growing.
8270thNinja
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October 27, 2017, 08:36:03 AM
 #30

This has always been asked here in the forum. Bitcoin is a "bubble". YES, a "bubble" that every time it bursts it will just take a day, an hour or a year or month to fully recover again to be a bubble. Bitcoin's community is continually growing and e every time there is a dip on the price, Bitcoin bounces back., so i don't know what bubble you are talking about.
serjent05
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October 27, 2017, 09:17:17 AM
 #31

Which bubble? Wink

One may argue that BTC is overvalued right now. However since BTC was heavily undervalued the last few years, I think it's mainly the market going beyond the initial upward correction. We may see the market retracting a bit, but I don't think we're at price levels that would lead to a bubble-burst -- ie. a drop of larger than 50%.

If we are in a bubble, I'm fairly positive that we're still in one of the early stages of this bubble cycle.

I agree,  and i never think that Bitcoin is over value since price is dictated by demands.  There is no central authority that supports the price and most of this demands come from different people all around the world.  I do not think this is a bubble, this is just the result of peoples demand and how they look at bitcoin value at the current stage.  I think this price will still increase as the number of supporters and people join this beautiful community.

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jakezyrus
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October 27, 2017, 09:54:04 AM
 #32

Nobody can predict it because until now we're still finding its real value,
bitcoin price was increasing from time to time because of the popularity and their financial freedom.
if bitcoin itself improving their system and discover something new i believe bitcoin price will keep increasing.
we should see the price declining if nothing new discovered.
i believe many people want to implement it in their business but because of the fees and other reason they hesitated to do it.
if bitcoin can solve it i believe it will never burst and always steadily grow up..
at least at the moment i can not see it will.

Quote
Nobody can predict it because until now we're still finding its real value.
yes no one can possibly predict it because it wont actually happen.  bitcoin is not a bubble and its just normal for the coin to pop just like a bubble  because of volatility but it is just normal and probably will recover in the next day or two. and we cant find its real value because it will always fluctuate and it wont stay in the same base price.

Quote
we should see the price declining if nothing new discovered.
discovered of what?

Quote
i believe many people want to implement it in their business but because of the fees and other reason they hesitated to do it.
yes you got the point but they can just always adjust their pricing according to the latest price of bitcoin.


Quote
if bitcoin can solve it i believe it will never burst and always steadily grow up..
at least at the moment i can not see it will.
solve what? for sure it will still burst because bitcoin and cryptocurrency is made that way and volatility is a good idea for traders and investors to earn profit. so i think if volatility will be removed it will greatly affect the whole ecosystem.

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October 27, 2017, 10:11:23 AM
 #33

Hmmm... tell me if this sounds like nonsense because I haven't looked into the Chinese pull out and what that meant in terms of BTC dumping or hoarding. But looking at market volumes I can gauge a pretty clear assumption.

If China whales were out of the recent boom, which they apparently were, and it's likely they're some of the biggest whales. Wouldn't them not taking part recently explain the strange lack of volume as well as partly explain the velocity of the spike?

Think about it, they pull their coins out of circulation as a group... they definitely didn't dumped them or it wouldn't have hiked.

So, the hike then could be partly attributed to China based coins being pulled from circulation. Increases scarcity.

Chinese are crafty fuckers hey, so, what if they pulled out, en mass, let the price surge, only to then see them dumping en mass, right now on the boom, cleaning out, then re-buying on the low. Policy is actually the only way to influence a market universally like that. Let's see what happens next 36 hours.
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October 27, 2017, 11:08:08 AM
 #34

If the price of bitcoin right now is very too high for you, then be ready for the bubble to be bust and I think it will be as soon as the correction occur, and we are expecting another Fork this November that is why hold to your horses cause we are in for another bumpy ride!
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October 27, 2017, 11:36:44 AM
 #35

When do you feel the Bitcoin bubble will burst and what will happen after?

I don't feel that there's a bubble that will burst soon and I don't even thinking that we are on a bubble. Why you keep on thinking the same with other analysts that bitcoin is on a bubble?


what will happen after?

Let's say that "bubble" popped, obviously the price will go down. Many dip buyers will come in and do panic buying that will lead bitcoin's price to increase again.  Grin

The rise, decline, rise further pattern- when will it go down and never come up?

No one knows on when exactly is going to decline.

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October 27, 2017, 12:11:47 PM
 #36

It seems to me that the bubble will burst in the event that any state or just a community of people establish control over it. Until bitcoin free is a unique system and he will live and increase in price. I hope that someday we will be able to pay bitcoin for any product and then we will be able to abandon Fiat.
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October 27, 2017, 02:01:40 PM
 #37

In my opinion, bitcoin will never burst because it is not a bubble. The price in the market may seem to rise and fall rapidly but this is all part of the trading process. There are far too many investors and support in bitcoin now compared to previous years. Bitcoin is still in its early stage of development and it will never stop. We all hope to witness Bitcoin to reach its full potential maybe in the next 10-50 years.
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October 27, 2017, 02:12:25 PM
 #38

When do you feel the Bitcoin bubble will burst and what will happen after?
The rise, decline, rise further pattern- when will it go down and never come up?

price now is Bumped a lot so that you can say it is bubble but Bitcoin price them self not bubble you can see bitcoin start at 2009 and many trust in bitcoin .

In short words price now is Bubble and real price need long time of stability
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October 27, 2017, 02:19:01 PM
 #39

Bubbles, bubbles everywhere....

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October 27, 2017, 02:50:23 PM
 #40

What makes you think that bitcoin is a bubble. Is bitcoin over brought? No. Sure the price of bitcoin increases exponentially but that just because of high demand. The marketcap of bitcoin is still considered very small compared to what it can actually give out. Even with the current trend we are nowhere near a bubble.
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