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What we're experiencing right now is not the "crypto-bubble" exploding, it's the "next Bitcoin" bubble exploding.
I think in 2017 we experienced two, highly correlated but different bubbles: the first was one more of Bitcoin's price discovery bubbles and the second was the "next Bitcoin" bubble where a lot of FUD and misinformation caused an important number of newbies and speculators to believe that Bitcoin was dying and that the next Bitcoin was among over one thousand of alternative coins. Today we have apparently reached a somewhat solid bottom in Bitcoin but we're witnessing alts free fall because the second cycle, in which speculators are realizing Bitcoin was actually never threatened as the absolute leader in the crypto space. I wouldn't so bold to try to predict bitcoin/alts price for the near future, but I feel quite confident the decoupling will continue and we will probably see BTC market dominance over 80% in the next weeks or months, which in my opinion, is great for the future of Bitcoin and crypto in general. Remember this all started being about crypto scarcity, and the alt explosion wasn't good at all for that narrative. Just my 2 cents.
When Will the Next Bitcoin Bubble Occur? (Speculation Thread)
Slow news/price period in Bitcoin lately. Haven't seen one of these posts in a while, so im curious as to the general sentiment here regarding the future. Will there be another bubble/surge in the price of bitcoin? If you believe so, then when, & why? Will it be larger or smaller in magnitude than the ones that have occurred previously? Discuss:
Bitcoin exactly fits the theme of the bubbles discussed below. In each case, speculators bought assets that didn’t produce cash flow over time and hoped to sell them later to someone who was ... Bitcoin has gone through bubbles before. The first occurred in 2011, when the price soared from a few cents per coin to a high of $31.91. However, the currency dropped by over 93 percent over the next four months. Prices increased again in 2013, this time reaching over $1,000 per coin. The price again fell, this time to $0 per coin, when investors learned that bots drove the rise and that ... Bitcoin didn’t die after the "bubble." It’s back and looking strong, and the market has matured and the sky remains the limit. Anyone else think the next bubble may give us exponential growth like we haven’t seen since 2010/11? The reason being that we haven’t seen anything like what the Fed has recently done with all the money printing since the creation of Bitcoin. It was expected by a lot of people that this would increase Bitcoin’s price immediately, and although that didn’t happen, I believe it’s very ... 6 cryptocurrencies that could become the next Bitcoin. By Jonas P. DeMuro 03 February 2018. Virtual currency pretenders waiting in the wings. Shares. Cryptocurrencies continue to vex investors ...
The next Bitcoin Bull Run is heating up!! Can BTC surpass 100k? My answer is YES! And we have the exact price it will be & the exact date it happens on. This is the ultimate Bitcoin price ... Autoplay When autoplay is enabled, a suggested video will automatically play next. Up next Bitcoin: How Does it Work? Roger Ver TECH Rubin Report - Duration: 59:06. The Ministry of Finance has clarified that bitcoins are not “currencies” and are not authorised by the government. Finance Minister Arun Jaitley also said th... John Authers takes a closer look at bitcoin in a new piece in the Financial Times -- he gives Wilfred Frost his take. » Subscribe to CNBC: http://cnb.cx/Subs... Close. This video is unavailable.