When Will The Cryptocurrency Bubble Pop?
No doubt there is a bubble in the cryptocurrency market. It will pop eventually. There is speculation the bubble will pop a little bit before the upcoming hard folk on August 1st. But in my opinion, I think there is more room to grow before the pop. When will it pop? The bubble will pop horribly when most of the population adopts it. When establishments start to accept it more and when it become part of everyday lexicon for people is when we should start to really worry. This can happen as soon as mid to late 2018 and early 2019. The bubble will pop when we see concurrency on Wall Street.
Again, there will be a mini pop coming soon, but the one we have to worry about is when it finally became mainstream, just like the Dot Com bubble in the early 2000's. When it does happen, this will help correct the market and weed out the useless players.
Good Luck
Hi Samdaman,
When do you think we're going to see the flippening? Win 10 STEEM :) my link below:
https://steemit.com/ethereum/@steemthenews/the-flippening-is-comming-let-s-predict-the-flippening-date-and-win-10-steem
technical analysis is best way to know when the bubble Brusts
keep your eye on technical analysis
I imagine the gold 'bubble' looked similar when it first became a worldwide standard for value transfer. Do you believe that was a 'bubble' too?
I am wondering why the OP thinks there probably is a bubble. By all metrics we have on Bitcoin, the current price is just a small pop in a very long bull run already. A price drop is just that, a price drop. Meanwhile, Bitcoin did not change (although we now have the scaling debate).