Quote from: carter937 on February 19, 2018, 09:28:25 AM

Quote from: waiberz on August 14, 2017, 07:37:34 AM

When can you say the price of bitcoin is already or nearly bubble?

Do you expect that the price will dump in coming years?

Edit: On this year how is the bitcoin value soaring ... What I mean is how fast....

I really doubt that the bitcoin is a bubble, we can see the bitcoin price has risen vertically by the end of 2017 and only with a bitcoin bailout China was immediately sloppy. No brakes and up to 70% reduction in value to $ 6,000. Although bitcoin is slowly recovering, I still think that bitcoins are still at risk and can break down at any time.

If bitcoin is a big bubble, the market of bitcoin would have popped and dropped dead a very long time ago. Over the years even after a bull run and some huge correction, bitcoin has always shown greater sign of strength and everyone that the market has a lot of space to keep growing as the adoption keeps increasing. Sure, the huge increase in value could not have been warranted as there was nothing driving the price except speculation, but bitcoin itself is not a bubble.