Grayscale Bitcoin Trust (GBTC)

[bigjuice]

Bitcoin bubble?

I don't know you so I don't know how long you have been tracking Bitcoin, but if you are saying the bubble burst then I have a hard time thinking you have been tracking for too long.

Bitcoin has suffered some major tragedies that would have sunk this ship a long time ago if it wasn't legit and wasn't going to have much of a future. For example, Mt. Gox.

Most recently, China's exchange shut downs and JP Morgan Chase saying that it was a huge fraud, but Bitcoin has survived and thrived.

Bitcoin is not going anywhere until the US Government in tandem with other major world powers find a way to shut it down. At the moment, it is looking more likely that governments will find ways to employ Bitcoin themselves, only making it more powerful.

Bubble bursting? That is a enormous stretch. Bitcoin consolidating, more likely.

Everyone needs to be careful reading posters who post doom or boom. Do your own research and make your own judgement. DO NOT, I repeat DO NOT base your decisions off of people you don't know's advice.

Have fun. We will retrace slightly, over-correcting, and then begin to trade as normal again, following Bitcoin as best as possible.