xtinepink Posted March 15, 2018 #1 Posted March 15, 2018 The cryptocurrency market is in bloodbath atm. Maybe one of the reason is that also the announcement of Google. Bitcoin fell 9 percent following news that Google, the world's largest ad provider, is cracking down on cryptocurrency. Bitcoin prices are in a bubble that will burst in the near future because the cryptocurrency has many inherent flaws, "It appears to us that bitcoin mania is a textbook-like bubble – and one that is probably just about to burst," says Stefan Hofrichter, head of global economics and strategy at Allianz Global Investors. What do you think of this one? Is btc about to burst now? share your thoughts
Han2x Posted March 15, 2018 #2 Posted March 15, 2018 Let us just hope that it will not going to happen. My trust in bitcoin is still solid. If it will not reach $20,000 this quarter there are still a lot of time for it to climb up again and break it.
kurian Posted March 15, 2018 #3 Posted March 15, 2018 One of my friends shared this. BTC possible scenarios.. upcoming days will decide where market heading... Long year bear market or beginning of new cycle... Let's hope for the best.
skillex Posted March 15, 2018 #4 Posted March 15, 2018 For me, this is likely not going to happen yet but maybe in the future. Bitcoin is still on its early adaptation to civilization and the forefather of all cryptos and many still didnt recognize it. Though it will likely go down more maybe about 4k $ this year that many will go panicselling, but the bubble is still doubtly to happen since btc is a real asset and has only limited supply of 21 million and has increasing demand so we can still rely on it.
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