The movement of the price right now is not a bubble like other said i think its just a normal pump and dump.. so
Expect to save your profit right now if you wiling to sell few of your bitcoin just to safe your profit and if the price was increase then you can be still sell the rest and if the price decrease you buy again and save the profit..
Topic: Bitcoin Bubble 3.0 (Read 3495 times)
Good time to buy now on this dip before we go over 1000
Just a regular pump, might be drop soon. Then pump again. Nothing dramatic.
$900 is the new bottom. $1,000+ is the new norm. The bubble will be post $1,500.
If it's really a bubble it'll shoot over that IMO. Think probably $2k+
How will the government know you own Bitcoin? If you feel you have a moral obligation to tell the government you own Bitcoin than you shouldn't be involved in crypto. we don't want a bunch of pussies in our community anyways.
Government cannot know the exactly person who use bitcoins, it's just impossible to control everyone. But I think Government can know all the sites that work with bitcoin on the territory of the country. This sites probably will be with obligation to take higher fees to pay to the government necessary taxes from the site's profit. And overboard sites will be just banned for use for citizens.
$900 is the new bottom. $1,000+ is the new norm. The bubble will be post $1,500.
How will the government know you own Bitcoin? If you feel you have a moral obligation to tell the government you own Bitcoin than you shouldn't be involved in crypto. we don't want a bunch of pussies in our community anyways.
Hopefully we'd establish a $1000 baseline by month's end.
Although the thing that bothers me is that the more the BTCBTCBTC's price rises, the more regulators will look into it. 2017 might be the year we see a full scale taxation of BTCBTCBTC.
Although the thing that bothers me is that the more the BTCBTCBTC's price rises, the more regulators will look into it. 2017 might be the year we see a full scale taxation of BTCBTCBTC.
whethere any of the governments tax bitcoin or not will not have much effect on bitcoin price.
because most of all, many other things are taxed such as Gold and you don't see gold price going down and bitcoin is 1000 times better than gold.
and also if the governments start taxing bitcoin it means they finally recognized bitcoin as a legit thing and that also means lots more adoption the day they announce it and lead to a huge price rise over night.
Hopefully we'd establish a $1000 baseline by month's end.
Although the thing that bothers me is that the more the BTCBTCBTC's price rises, the more regulators will look into it. 2017 might be the year we see a full scale taxation of BTCBTCBTC.
the taxation have nothing to do with the current price, $1000, $2000, or whatever if the government have seen bitcoin as an option for those riches to save their wealth and they're starting to use it .then the regulation may be released, it's the matter about how much the government will make bitcoin as source of income from the taxes and whether it's worth it or not. , Although the thing that bothers me is that the more the BTCBTCBTC's price rises, the more regulators will look into it. 2017 might be the year we see a full scale taxation of BTCBTCBTC.
Hopefully we'd establish a $1000 baseline by month's end.
Although the thing that bothers me is that the more the BTCBTCBTC's price rises, the more regulators will look into it. 2017 might be the year we see a full scale taxation of BTCBTCBTC.
Although the thing that bothers me is that the more the BTCBTCBTC's price rises, the more regulators will look into it. 2017 might be the year we see a full scale taxation of BTCBTCBTC.
Good thing is that everytime bubble burst, floor is higher and higher. So if this continues price will only rise, with small corrections.
Bad things we cannot relay much on altcoins, those kind of investment becoming more and more dangerous.
Also risk of holding coins on markets increases rapidly.
I expect that our next floor (current one?) will be even more secure due to PBOC stepping in with exchange regulations. Bad things we cannot relay much on altcoins, those kind of investment becoming more and more dangerous.
Also risk of holding coins on markets increases rapidly.
Hopefully we get rid of ultra fluctuation, fake volume, margin trading with borrowed money which caused mostly problems for legit traders.
What is the bubble in the economical sense?
The usual definition of a bubble is when prices move but there are no changes in fundamentals to justify the move. The rise from $700 to $1100 in December was a bubble because during that point there was no big adoption of bitcoin, no sudden uptake in using it, no resolution to the blocksize debate, nothing real behind it at all.
Bubble in bitcoin price is just to gain more support from the people who make reasons to join bitcoin communities. And the ongoing price after the sudden rise and fall is the real increase. The bubbles help in more adoption and decrease the volatility. The next bubble can be expected by the year ending.
What is the bubble in the economical sense?
The usual definition of a bubble is when prices move but there are no changes in fundamentals to justify the move. The rise from $700 to $1100 in December was a bubble because during that point there was no big adoption of bitcoin, no sudden uptake in using it, no resolution to the blocksize debate, nothing real behind it at all.
Why "3.0" when the last bubble was number 6....?
We must even be still in bubble 6 and merely in a correction/profit-taking phase.
If we would be in a bubble, people would be busy arguing about the price and trading like there's no tomorrow.
I think that we are after a bubble and we can sit and discuss.
I feel it's an after-bubble correction and I think that this is the current state of Bitcoin, a well deserved 900-ish in January 2017.
Of course, that means your table, while it's nice and made me smile, needs to be adjusted.
And it's too early for a new big bubble; we may stay for months in 800-1000 range...
For me if bitcoin remains stable above 900$ for three to four months, then bitcoin is again ready to set up for next big bubble. I think this time after bubble and pump, we shall see price stable at the high prices and not falling down much. If all start buying and so selling, bitcoin will just blast to 5000$ or even more.
Another bubble will come and then a correction. It seems to be like any market in the sense that the supply and demand varies and there is some manipulation involved.
What is the bubble in the economical sense? It's is the moment when the price is directly growing and on some stage it stops to grow and it starts the moment of directly going down with tiny tryings to up the price. I think this is the far future for bitcoin, but I can't call the exactly year of it.
Good thing is that everytime bubble burst, floor is higher and higher. So if this continues price will only rise, with small corrections.
Bad things we cannot relay much on altcoins, those kind of investment becoming more and more dangerous.
Also risk of holding coins on markets increases rapidly.
Bad things we cannot relay much on altcoins, those kind of investment becoming more and more dangerous.
Also risk of holding coins on markets increases rapidly.
People mostly worry about the price that has gone down and complain afterwards, but if you look at the long term charts then you can see what level of growth we have gone through. If you look at it from that point, then you're right, floors have become higher and higher. Regarding altcoins, we never have been in a position to rely on altcoins as they only serve as a speculative investment solution. Quite often when Bitcoin heads down people jump into altcoins and vice versa, but that's just because people follow the money.
Have to disagree with you op on this, as your view is not at all justified, a slight up and down doesn't mean a bubble is coming, it happens all the time, I will Bitcoin will be stable for now and should rise hopefully, until something like China incident is repeated but don't see any reason for near future to see its fall. I feel you should not panic so much, and trust the power of Bitcoin, and just cause it's happened in past, it won't happen again.
We must even be still in bubble 6 and merely in a correction/profit-taking phase.
If we would be in a bubble, people would be busy arguing about the price and trading like there's no tomorrow.
I think that we are after a bubble and we can sit and discuss.
I feel it's an after-bubble correction and I think that this is the current state of Bitcoin, a well deserved 900-ish in January 2017.
Of course, that means your table, while it's nice and made me smile, needs to be adjusted.
And it's too early for a new big bubble; we may stay for months in 800-1000 range...
Jump to: