Due to the ongoing and sudden increase of Bitcoin prices in various digital currency exchanges, some experts believe that a future cryptocurrency bubble will burst soon.
Digital currency investors somehow fear that a bubble will soon burst as a result of the abnormal increase in prices of not just bitcoin, but all other traded crytocurrencies out there. For the past year or so, Bitcoin price have grown tremendously and market analysts fear that the unregulated market of digital currencies will cripple down in the near future.
However, other researchers believe that the forecast about a future bubble burst is of no reliable basis. They believe that 2017 is just the beginning of a good future for crytocurrencies, hence, it would be advisable to join the craze for future profits. They also believe that prices of various digital currencies will still increase in the coming months and years.
However, for me, these are all just forecasts and we cant really predict the future of this unregulated market. Its just a matter of self study, research and taking risks. Hence, we should all be ready and prepare for a possible bubble burst or we should anticipate and pray for a bullish market run in the near future.
What are your thoughts about this? Do you believe that a bubble burst will soon happen or do you believe that the bullish run will continue? Share your thought, I appreciate them a lot.
I don't think there is a bubble like in the 2000s with internet but I do think a large correction is on its way. Maybe Bitcoin will act as a save haven just like gold is for the stock market, not sure about that today. We will see in the future.
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Analyst dont know anything finally, im here since 7 years and they tell same shit during all theese years... finally it still grow.
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