# <h1>What is a Bubble?
![bitcoin_bubble.jpg](https://steemitimages.com/DQmUqFjqZT5pVJXracJggJwqFfqTS5tEJeuEHPpa6N4ssVL/bitcoin_bubble.jpg)

A bubble is a type of investing phenomenon in which investors puts high demand on a stock that they drive the price beyond its actual worth. Soon after price become high it crashes making bubble to brust.
A ***crash*** is a significant drop in the total value of the market.

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# <h1>Bitcoin Bubble
Lets take an example of Bitcoin. The First bubble was seen in May of 2011, hit its all-time high of $31.91 before crashing down to $10.25.
The cause of the bubble was widly believed to be due to the Silk Road marketplace gaining popularity.
![bitcoin-top-2011.png](https://steemitimages.com/DQmbZrVrLfTekoGjop7SqSGuQWVWZCz38nH5tGotkjf1j1q/bitcoin-top-2011.png)

In the year 2013, we saw two bitcoin bubble.
first in april, when the price climb to the new high of $266 and soon chashed to $60. This was the time when Bitcoin version 0.8 was released and the internet archive atarted accepting bitcoin.![March-2013.png](https://steemitimages.com/DQmY1ByLSg69QP5U4TxBAQ6EzhswNX5fpkF94J2whuz7yLj/March-2013.png)

Second in November, when the price of bitcoin went to the all time high of $1,242(on november of 28,2013).
Then it crash but did not fall below $400.![Nov-2013-Gox.png](https://steemitimages.com/DQmdv8MBfLNGAPz8s7Xp4GNN3xC4rdCFfrXXzEPBp6TjLBp/Nov-2013-Gox.png)

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# <h1>The Present Bubble
In january of 2017 the price of Bitcoin went fron $767(approx)to $2,990 in the end of may,and it is fluctuating between $2200 to $2800.Rising the hype of cryptocurrency in the market and social media which causing new invester to join.![chart (2).jpeg](https://steemitimages.com/DQmadRc1k2Hj3serQNbVda1cZo8nh4XXS5RWkkFiN2WoTBr/chart%20(2).jpeg)

Many news outlets believe that the bitcoin bubble is going to brust, and its going to happen soon.If is happen a lot of people are going to lose their money.

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Image source [1](https://assets.pando.com/uploads/2013/05/bitcoin_bubble.jpg),[2](https://afbitcoins.files.wordpress.com/2013/03/bitcoin-top-2011.png),[3](https://news.bitcoin.com/wp-content/uploads/2016/12/March-2013.png),[4](https://coinmarketcap.com/currencies/bitcoin/#charts)

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**Thanks for Reading**
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