Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: mamun777 on October 31, 2018, 09:42:50 AM
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When do you feel the Bitcoin bubble will burst and what will happen after?
The rise, decline, rise further pattern- when will it go down and never come up?
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Personally I really don't think that those who ask this know how the variation in price works. The price of bitcoin is very volatile because it is market oriented, meaning the price depends on the supply and demand force of the market so bitcoin will stay as long as there are people using it which I don't think there will be a time where no one would use it or everyone would stop using it even in the next 50 years.
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When do you feel the Bitcoin bubble will burst and what will happen after?
The rise, decline, rise further pattern- when will it go down and never come up?
Are you sure that you are saying that bitcoin is going to read , Because here you are saying that it should go down and never come up ? , Here clearly you want either one of them , At one side you are willing to buy bitcoin at very low price or you don't like or don't know about the bitcoin much.
Here I would like to tell you that it is not sure that when the price of the bitcoin will go to fluctuate much because all depends upon the Market and discesion. Here in my opinion may be small flcutuations happen but I am 100% sure that it will not remain down for long term . Because it has lots of demands in the whole world .
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When do you feel the Bitcoin bubble will burst and what will happen after?
The rise, decline, rise further pattern- when will it go down and never come up?
No one can say for certain when bitcoin bubble will burst. In fact, bitcoin bubble bursting may not happen because it may not be a bubble in the first place. If bitcoin is really a bubble, it is the first time that I have seen a bubble being so resilient despite many people calling it a bubble. It will probably never go down to never recover again because adoption rate is increasing so fast, it even got legalized on some countries. Many people uses it too and unless they stop using it, rise and dump wont stop.
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I also really hope that the bitcoin bubble will soon emerge, and I really believe in the bitcoin bubble that will be able to recover and rise at the beginning of 2019, believe everything will be fine.
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all bitcoin holders will always want the price of bitcoin to explode and soar, but I also strongly believe that it will happen at the end of this year, and we just have to be patient.
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No one will know when the bitcoin bubble will explode. At this year I think bitcoin will always go down because of a lot of bad news that causes investors to be scared. But with this bad news we can buy bitcoin at cheaper price.
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This was certainly the case with bubbles relating to mass technological change which promised to change the world, as the hype around Bitcoin and the wider cryptocurrency market would suggest.