Post
Topic
Board Speculation
Re: When will the Bitcoin bubble burst?
by
player514
on 26/10/2017, 17:12:19 UTC
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.