Post
Topic
Board Bitcoin Discussion
Re: Is this Bitcoin run sustainable?
by
Iranus
on 02/12/2017, 18:07:48 UTC
That's the size of a correction in the stock market, it's normal.
Not often.  Once every few years maybe, but it doesn't happen once every two weeks like it does in BTC.

Even if there's a correction and then a recovery, BTC's price growth has still been very unusually rapid over the past year, and a lot of it has been pretty rapid.  It's worth worrying about for sure.
I will be really surprised if we close out the year above 10k....
You'd be surprised.  Bubbles can last a long time.