Bitcoin's bubble is going to be corrected - Update #3

[skullsandbones]

If bitcoin was in a bubble then i would think it would of popped quite some time ago. It looks like its stopped rising in price but im quite confident also that it will rise to $20K again and from there higher.

[cryptoenterprise]

Things dont look too good for Bitcoin right now, it's heading for a dip, but how long will this carry on.
Altcoins are taking advantage of this situation and rising steadily.

[cryptopusa]

Every booming community are always being called a bubble,dont worry mortgage car loans house etc in the u.s was called bubbles too and look at them now.

[jaka331]

Some say it is a bubble, other say its not, but no one can see the future so we will just have to wait and see. The rise in 2017 is extreme, everything is pumping, hopefully the bear market does not come soon

[kandholabhavna]

The bubble is not even inflated yet to burst! We are going towards 100,000 USD per coin before 2018 and then 1 Million a coin. Bitcoin is going to revolutionize the world for good. To answer to your ques, yes, there will be a correction but btc will come out of it even stronger than it is now.

[TimeHacker]

What if not? A lot of people are selling and expecting this correction, and if whales have enough appetite to eat them all - there will be no correction, to everyone's surprise.

That's quite possible. There are so many new people entering the crypto market, that most exchanges are having huge delays (several weeks) with approving registrations and some of them even temporarily disabled them as they can't process so many people. There's an avalanche of new buyers trying to get in. So if there will be some correction, it will be bought up very quickly.

[svojoe]

Bitcoin is not a bubble and therefore it can not burst. I think that the crypto currency is a new age in the economy. But people do not understand this yet, so they are afraid of cryptos...

[borgx]

A bubble for a year already. Probaly a bubble in another year.

BUT WARNING: ITS A BUBBLE! ...OKAY?

(newspaper in 30 years: Dont invest in bitcoin bubble! Risky investment as bitcoin just dropped below 330.000 dollar! - experts say.)

[kambaralikhan]

I don't think so. Calling Bitcoin a bursting bubble is insult of Bitcoin in itself. If Bitcoin bubble burst ? Whole crypto globe will burst with it. That's the same thing I heard when Bitcoin reached $ 6000 but I think it's not going to happen. Biggest market cap Bitcoin has. Investors, even general public believe in Bitcoin. I'm not a future predictor after all but this is something I can feel. Bitcoin will grow, grow and grow.

[LightFork]

Not yet blowing. A small correction before another growth. I think next goals are 25-30k.

[drunkbillmurray]

What's missing from the graphs? The grand correction is coming soon.

We don't really know anything about bitcoin been a bubble, but the correction is meaning of whales ding profits.

[LightFork]

What's missing from the graphs? The grand correction is coming soon.

We don't really know anything about bitcoin been a bubble, but the correction is meaning of whales ding profits.

Then other wallets will make a profit on the subsequent growth.

[magiccarpett]

bubble or not....for me its now shopping time....christmas sale

[bribed]

Even if this was true and the "bubble" was to burst anytime in the near future, this is a bubble that is here to stay! Blockchain technology is something that wont fade because of price speculators. This technology will stay and improve many things in peoples lives!

[Essaint56]

A big sudden drop from yesterday. Wew, I think it is already doing its correction. Lucky for those who have cashed in yesterday. Hope it will rise again.

[inklingzade]

Is not going to burst as is not a bubble... maybe the price stops growing and it stabilizes which i dont think will happen either but who knows...

[sarfwr]

I think it's far from being broken, and the price is still reasonable, it's estimated to be around $50,000, and that's the real bubble.

[Essaint56]

Is not going to burst as is not a bubble... maybe the price stops growing and it stabilizes which i dont think will happen either but who knows...

Better look at the graph and see the difference value of bitcoin from yesterday and today. Well everything is just a bubble including bitcoin. But I hope it goes far before bursting.

[bitcoinbox]

Bitcoin is not a bubble and therefore it can not burst. I think that the crypto currency is a new age in the economy. But people do not understand this yet, so they are afraid of cryptos...

Totally agree. BTC is not a bubble. What we are seeing at the moment is called a correction, it is normal and even healthy.

[antongee28]

Bitcoin is the same bubble as the mortgage and real estate market. Just the public is always suspicious of innovations