Post
Topic
Board Altcoin Discussion
Re: Bitcoin's bubble is going to burst
by
irfanrete
on 21/12/2017, 07:43:53 UTC
What if not? A lot of people are selling and expecting this correction, and if whales have enough appetite to eat them all - there will be no correction, to everyone's surprise.

Yes, I also see that many people sell at the top of the price. And I'm surprised that whales have such an appetite. If the price does not correlate, it will be another confirmation that bitcoin is something else that does not lend itself to any laws of the economy and the financial market.
Of course there'll be a correction or a crash,  I want to hear someone brave enough to say when. Show me someone who'll say,
"bitcoin is going to correct in two weeks by 40%."  Now that is bold and insightful. Every free market has a rise and correction.
so there's nothing insightful about warning of crashes.  People were saying bitcoin was going to correct at $5000, saying it couldn't get much higher.