Quote from: BartS on February 08, 2018, 11:12:14 PM

Quote from: CyberKuro on January 30, 2018, 10:41:41 PM

Everything that suddenly pumped significantly in a short time is a bubble, including bitcoin when it reached $20,000 and then pops up to $11,000. Look at the current price at $10K, barely can't pass the $12K wall. Hence, it's better if bitcoin price increases slowly but steady. But, it won't be achieved without usability appeal of bitcoin, as soon as core developers and miners agreed to implement another scale solution such as the lightning network or Schnorr signatures, hopefully, the transaction fees will be decline and no longer takes a long time to be confirmed.

It was a bubble but that does not mean that bitcoin cannot reach that price again or that the price of bitcoin was not fair, it was fair, the problem is there is simply not enough demand to justify that price right now but as bitcoin becomes more popular then we are sure to see that price again, in fact I think it is very likely we are going to see that price again in this year.

The demand will just their but the Bad news is one of the barricade right now since many people doubting to buy BTC at this point since they will afraid if their would be a dump will occur again. And if the weather will calm well maybe we can see that the demand will rise again and we will see that Bitcoins will pump and reach again to its 19k$ level or maybe evenmore.