Has The Bitcoin Bubble Burst? Learn Why There is Current Instability

[Urban Crypto]

Is the Bitcoin Bubble Over?

As you begin reading this article, you will notice that I use the term Bitcoin Bubble. In reality we are takng about the whole Crypto Bubble including Cryptocurrencies, Tokens and ICOs.

Anyone tracking Bitcoin and other cryptocurrency since December, will have noticed a trend of extreme price swings, with BTC ranging from $20,042.90 USD on December 17, 2017 to $6135.56 USD on February 6, 2018. Of course, the price drops are hardly surprising given recent announcements such as major players Facebook and Google moving to ban ICO ads, as well as major hacking scandals on various exchange platforms and crypto-wallets.

Perhaps, what is more note-worthy, is that all of these scandals only caused momentary price changes (at least since February). The effect of the bubble craze and Tether scandals in December are still clearly evident, despite its having no apparent negative effects on Tether USDT’s prices or usage on exchanges.

To read the causes of the instability click here: https://goo.gl/bmis5r

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[BitcoinHodler]

most of the people calling bitcoin a bubble just love doing so, they don't even have to believe it themselves they just want to talk about how bitcoin is in a bubble. most of them wish for a drop so they can buy more an i am sure even if price were to fall to $10 they would still call it a big bubble.

[VIC-btcforum]

I don t think there is a bubble anymore in BTC but other coins are over valued in my opinion

[Urban Crypto]

I don t think there is a bubble anymore in BTC but other coins are over valued in my opinion

I think the majority believe that BTC has some value but the other cryptos are a different story