Quote from: cybersofts on November 04, 2017, 02:12:51 PM

Quote from: The_Dark_Knight on October 26, 2017, 02:07:29 AM

Quote from: _backslash on October 26, 2017, 01:45:22 AM

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?

This is not a bubble, the price of bitcoin is that high because that is demand that is having at the moment if at some point that demand changes and the price goes down that does not mean the bubble burst it is just that people no are no longer requiring bitcoin for their needs and as such the price is going to go down, this is not like the 2013, that was a bubble.

Lots of people are calling bitcoin a bubble since 2013, though!
But you know what bitcoin value keeps getting higher and higher everyday.
Sooner or later the people who are calling bitcoin a bubble would realize that is the biggest mistake of their life.

You are aware right that the price rising as it is, is an indication of a bubble? I do not think it will burst in the way some people feel in the sense that it will crash irrecoverably but it will certainly burst at some point in the coming months or years, I do believe however that it will recover after said time however, much like house prices.