I have to say this growth really looks too fast. The first think which comes to my mind is whether they ll be any correction.
What do you think?
Of course correction is bound to happen, the question is when? With all he bullish sentiments going on, how long can bitcoin sustain it? We don't know. What we all know is that CBOE bitcoin future contracts offering starts this December 10, for me bitcoin price will continue to rise up to December 10. Then CME's time to begin offering in Dec. 18. So we gonna see how this future contracts can sustain this massive bull run. This two news really drove what we call craziness and madness.
It's really amazing how bitcoin is growing too fast with just a short period of time. The phasing was really fast despite the FUDs and forks that has happened. I believe bitcoin will rise higher than today. I cant help but to get excited for the next year 2018. No one knows if there will be a great decline on the price. But I am waiting for that to buy bitcoin. And about the hacking of nicehash, i think it wont make a big impact since the bitcoins that has been hacked would still circulate.
As for the FUD, investors have been matured with. They don't care about this so called FUD anymore and no amount of fakes news could swayed the bulllish investors that are willing to pour in their cash despite bitcoin reaching all-time-high. There's a lot of money to make and no amount of skepticism will stop them.
I'm not aware of any hacked though. But if you look at the price, it doesn't have any significant effect.