I think the bubble already burst and we have been riding the shock waves of bitcoin for a while. It won't die completely but bitcoin was seriously over-valued.
I had the same thought, that this was an inevitable decline. Over-hyped like a crazy dot.com ipo.
Still there is something there in this unique crypto-currency, a base-line value that will find its real worth in the trading exchange.
And so the question remains..., when to buy in !!!!
