Quote from: The Pharmacist on Today at 06:12:37 PM

Quote from: Husires on Today at 05:51:26 PM

current bubble may be different and correction may be longer and not only by next December.

If this sudden price rise is due to all of the big, institutional buyers we've been hearing about, bitcoin might not actually be in a bubble. This might actually be sustainable, but I think it depends on the activity of the short-term traders and/or those who decide to cash out and take their profits.

Bitcoin's at $46.7k as I write this, and it's mind-blowing in the extreme. It isn't as though it's hit $50k yet, but I didn't think btc would get anywhere near that level this year. I'm proven wrong once again.

Considering on the current price then no one did really anticipate this.It is way too much for us to believe that it did really rise up on a short span of time.
I cant blame out people on not to think that this is a bubble but if we do back up with those significant adoption events then we can tell that there is really
something behind on these pumps compared into those previous years where price increase do came from nowhere, without news or fundamentals
that would really support its price or value but now we are really looking on different scenario.