Post
Topic
Board Speculation
Re: Is bitcoin in a bubble right now?
by
Gaff
on 09/11/2017, 11:28:02 UTC
I am asking for your honests opinions.
Is it safe to invest now or wait for the bubble to burst?

thank you

Bitcoin is really unpredictable, but I could say that it will not crash instantly. Bitcoin is ever growing, it will sometimes drop but it really goes up. Volatility is a normal feature of bitcoin, but this doesn't mean that bitcoin is a bubble. The growth is legit because the demand has really increased while supply is decreasing. Way back it has shown sudden increase, they told that bitcoin is bubble, but it just actually having good growth and no suddeb dumping will happen.

Well I am not into negative insight about that possible crash mate, and if other people speculate about that then I conclude they've been frustrated. That's certain bitcoin is a growing currency and it gathered more investors everyday in parallel to those who sell, but again buy an new asset at bigger amount compared from previous small holdings. No bubble is happening and I am confident that if there's a corrections of price, then it has been already corrected as we can see the latest updates of bitcoin price in the coinmarketcap website.