Post
Topic
Board Bitcoin Discussion
Re: Is this Bitcoin run sustainable?
by
ItsEzMkay
on 02/12/2017, 19:27:11 UTC
I'm beginning to fear that this Bitcoin run up is a bit too fast and a bit of a bubble. Does anyone else get the same feeling?

I will be really surprised if we close out the year above 10k....

Not really I think we have a long way to go before this so called "bubble" pops. Btw even if it is a bubble and it does pop don't think the value will simply head to zero it will lose a significant chunk but then again will rebound because the new found price will be super low and not have been seen for who knows how long. Take a look at the housing bubble in the USA in 2008 it popped and within a year things were back to normal basically. Everything went to shit for a bit yes but eventually confidence was regained and the markets function as normal. I expect similar things for bitcoin if when the bubble pops