Are we in a Bitcoin Bubble

[akhjob]

Hey Guys, I just came across the following tweet regarding Bitcoin. https://twitter.com/Elite_89/status/944746253929336832 I am not good at reading charts. If anyone is good at reading charts, can you please help me out.
Bitcoin Bubble

[Fortify]

What do you mean, you are no good at reading charts? It is pretty obvious to anyone that the price of bitcoin has gone up massively and historically, what goes up - must come down. There is no special formula that will tell you when the bubble will burst, however the recent massive drop should be a grave warning sign to all speculators.

[sabbathhawk]

Hey there

Nobody knows for sure. Maybe yes, maybe no. Maybe we are in fiat bubble which is going to burst... who knows?!
Anyway, soon we will see if it is bubble or not

[mk4]

Whether or not you're good or bad at chart reading or technical analysis, it won't do crap if you don't know what a market bubble is.
Sure, bitcoin has crashed numerous times in the past(as well as recently), but what happens after? It recovers almost immediately. Is it a bubble? Probably, and the bubble has popped a good number of times already.

[healthureum]

Yes we are in a bubble and sometimes it burst, but we will recover soon

[aceman09935]

For me the bitcoin is not Bubble because I've proven myself that this way I earn money. So I have faith and trust in bitcoin.

[FlyingDutchman420]

The bubble has popped several times over the past few days. It went from $20,000 to nearly $10,000 and then to $16,000. Now it is back to $13,000. This was guaranteed to happen because there are so many new people in the market and the price rose so quickly. This is a good thing. This is just market correction. The the price will stabilize soon. I think we will see $20,000 and above within the next month or two.

[jekirtavirum]

With digital money like bitcoin it is hard to understand for some but bitcoin certainly has some intrinsic value as the feature of sending any amount of money to anyone in the world alone is so powerful and backed and made possible by the blockchain.
BUT
Bitcoin is very attractive to speculators who drive price up like crazy (noone can argue with me that bitcoin is worth 20k USD in its current state). I think the core technology of bitcoin is worth less than 100 billion USD marketcap for sure. Though I am not saying that the price will not keep rising in fact I think we can go even beyond 100k USD but everything that goes up must come down at the same pace. (Look at some Pump and Dumps or insane bullruns with a correction, they usually happen equally fast).

Bitcoin has significant infatructure built around it but don't forget that there are even altcoins that can do all things that bitcoin can or are even better than it. (Privacy, tx/s, security, waste of energy, etc.)

The Cryptomarket will in my opinion reach a cap of 1-3 trillion USD withing Q2 of 2018.

[jekirtavirum]

The bubble has popped several times over the past few days. It went from $20,000 to nearly $10,000 and then to $16,000. Now it is back to $13,000. This was guaranteed to happen because there are so many new people in the market and the price rose so quickly. This is a good thing. This is just market correction. The the price will stabilize soon. I think we will see $20,000 and above within the next month or two.

A market correction is clearly not a bubble popping though, when the bubble really pops it is going to be nasty but I believe we still have much more room to grow!

[PaRiTyyy]

Hey Guys, I just came across the following tweet regarding Bitcoin. https://twitter.com/Elite_89/status/944746253929336832 I am not good at reading charts. If anyone is good at reading charts, can you please help me out.
Bitcoin Bubble
https://imgur.com/a/Oygvc

You should make your own analysis bro. Just because someone said it's a bubble doesn't necessarily mean so 

[JureViewly]

People are saying it's a bubble since the early days, there is a nice tweet I have to find... anyway Bitcoin had at least 5 bigger corrections only this year, followed by higher high.
Always do your own research.
Merry Christmas.

[Snorek]

Yes we are in a bubble and sometimes it burst, but we will recover soon

If we are indeed in a bubble right now - then I am afraid that Bitcoin might not recover that easily and might be crippled forever.
Ther problem with Bitcoin is fact that we will never know for sure what is going on as the value is based purely on people's view and demand for BTC.
Anyway, follow the twitter of that guy from the Op's posts - apparently he is giving out 0.0002 BTC to everyone

[Mike Mayor]

Stop shitposting noon people talk about this bubble nonesense so often. There is no such thing as a bubble.

Yes we are in a bubble and sometimes it burst, but we will recover soon

If we are indeed in a bubble right now - then I am afraid that Bitcoin might not recover that easily and might be crippled forever.
Ther problem with Bitcoin is fact that we will never know for sure what is going on as the value is based purely on people's view and demand for BTC.
Anyway, follow the twitter of that guy from the Op's posts - apparently he is giving out 0.0002 BTC to everyone

Well in that case your life expectancy s a bubble too so then why worry about bubbles? Talking like bubbles is what people with their heads n the clouds talk about.

If you start talking about bubbles and are so afraid then just give up and sell all your bitcoins.

[tues]

bitcoin bubble. hilarious

bitcoin shoe
bitcoin apple
bitcoin sex
bitcoin bitcoin
bitcoin pneumonoultramicroscopicsilicovolcanoconiosis

you see anyone can do that.

just because a word exists, it does mean that attaching it to another word will give it meaning.

and i would think that a term like "* bubble" is only valid when it is used to describe a time(in the past) has reached a point where it pops which means its run has come to an end.

[JohnPain]

Bitcoin is something like a bubble, but still building.
And price change is somehow very influenced from bitcoin holders
in the east of the world 

[coinsensus21]

Hello.

Nobody knows for sure.
But i think yes.

[popetro]

It's hard to tell if the bitcoin is in the bubble. Even if the value of the bitcoin fell, I trusted him. It will definitely recover and the price will stabilize.

[frenkelebre]

Bitcoin bubble? Nobody knows what will happen next. We have seen that the price went down a couple of times in the past but it has recovered tremendously at 4th quarter of 2017. Who knows what will happen in 4th quarter of next year. I doubted bitcoin at first. I invested a lot last 2016 and withdrew it at the end of that year. Now, I regret my decision.

[Rosewater Foundation]

pop

[ImNewAnDontKnowWhat2Do]

Hey Guys, I just came across the following tweet regarding Bitcoin. https://twitter.com/Elite_89/status/944746253929336832 I am not good at reading charts. If anyone is good at reading charts, can you please help me out.
Bitcoin Bubble
https://imgur.com/a/Oygvc

Which bubble? I have honestly lost track