Hey Veeky Forums
Normie piece of trash here.
Wtf is all this talk about the bitcoin bubble bursting. What does that even mean?
Hey Veeky Forums
Brody Nguyen
Juan Butler
crypto colapse cause everyone s here to make gains while there s no real use
Austin Rivera
A bubble is when the chart is now going up at 70 to 90 degree angle. People are buying out of pure greed and have no idea what they're buying into. This is illustrated on the chart as the price won't correct but instead shoot higher and higher.
The issue with this is, once a sell off begins those who were looking to get rich quick will panic sell, thus ensuing a snowball effect. And that is when the bubble will pop.
Once we find the bottom, another market cycle starts.
Hunter Collins
So it will just rise again eventually?
Mason Gutierrez
no it will drop to $5000 then stay there for a year until there is a another smaller bubble, then all the big players will dropout and bitcoin will go down to $2000 and stay there years until bitcoin is dead because of all the hoarders
James Carter
Its just fearmongering.
Austin Smith
It sounds very unlikely with everyone talking about bitcoins. Id imagine people would buy it low knowing it was once 20k a coin
Josiah Garcia
The price is going to crash down to maybe like 3-5k, because of all the bagger dropping everything and making money.
This happend to bitcoin before, its just that this time its bigger.
The good thing is, that crypto will eventually rise again and once the bubble goes down, the prices will be very low so you can invest again.
Dylan Thompson
yes. Go look at the ethereum/btc ratio chart on the 1 week time frame and google 'wallstreet bubble chart' ....you'll notice how similar they are.
Ryder Barnes
It will correct to 10 000$ than back mooning
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