Quote from: bitart on November 07, 2017, 08:50:42 PM

Quote from: darkangel11 on November 07, 2017, 08:37:31 PM

Quote from: pitiflin on November 07, 2017, 07:38:06 PM

Quote from: Paranuatu on November 07, 2017, 07:20:26 PM

I am asking for your honests opinions.
Is it safe to invest now or wait for the bubble to burst?

thank you

No dude,people often misunderstand that bitcoin's fake bubble thing is just like that of housing bubble burst which happened before a decade ago. Just because the price is increasing doesn't mean that its a bubble. There might be a contingency of a price crash next year or maybe even this year. This is bitcoin, its volatile,so that in any means ,doesn't prove that its a bubble. So stop getting influenced by misconceptions.

+1 this is a crazy growth, but it's a growth not a bubble.
Bitcoin is a bit overbought at the moment because people are grabbing it like crazy knowing what impact it will have on the future of banking. This means that its price is higher than it should be if we considered its usage, but price doesn't have to depend only on real life use of an item. Some art pieces are totally useless, yet worth millions.

That's for sure, everything worths the amount other people are paying for it. People are paying for bitcoin higher and higher prices now, because they expect further growth in price. Bitcoin should not be a bubble yet, but we should be really careful about governments and regulations, because if some kind of really bad news hits the market, people will expect decrease in price, so that could cause the bubble effect.

Bitcoin is not rubust enough to justify a $7,000 pricetag, when normies see the price exhale they will panic sell and lose their shirts, they will come down hard against bitcoin. Exchanges etc.