If it busts through $7 it might go to $12
However, I think we will probably need to re-test $2.20 before we start looking for new all time highs (they will come though, in time).
Topic: Bitcoin Bubble 2012 - page 3. (Read 6807 times)
Fundamentals bear here. It's still overvalued based on current need and IMO the current rally is based on pure speculation... IE, it's a speculative bubble.
I speculate that Bubble2 won't be as extreme or last as long as Bubble1. I give it a few months before we hit $2.00 again.
I speculate that Bubble2 won't be as extreme or last as long as Bubble1. I give it a few months before we hit $2.00 again.
Yeah, this is far from a bubble. We're simply recovering from 32 and still have a long way to go.
You call this a bubble? Well, last time it was doubling every week 
Soo..
Bitcoin doubled value in one month.
How long will this one last?
Bitcoin doubled value in one month.
How long will this one last?
Jump to: