Bitcoin Bubble 3.0 - page 2. | Bitcointalksearch.org

CyberKuro

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Quote from: Sithara007 on January 15, 2017, 03:16:08 AM

Quote from: BitcoinBarrel on January 14, 2017, 10:46:19 PM

It's more like:

1. Rally to $266
2. Rally to $1,300
3. Rally to $35,000

$1,300 (or $800 at current exchange rates) to $35,000 is a bit too much to ask for, in my opinion. That would require the market cap to increase to almost $500 billion. It is not theoretically impossible, but at current circumstances I can't see a clear path towards it.

It will more reasonable if you said third bubble to $1500 or $2000, because $35,000 is too far far away from now.
Or maybe you mistyped that, is it $3500?
I'm sure we can get back to $1200 in the next month as the price slowly increases again.
But, still there is a problem to those who don't want bitcoin price rise up due to what they do (daily trading).
Well, as long as we have money, buy more and more bitcoin to gird up one's loins.

arbitrage

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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.

rjclarke2000

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Quote from: LuanX3 on January 17, 2017, 07:41:24 PM

Quote from: BitcoinPanther on January 17, 2017, 06:12:01 PM

Quote from: BitcoinBarrel on January 14, 2017, 10:46:19 PM

It's more like:

1. Rally to $266
2. Rally to $1300
3. Rally to $35000

I agree that there will be another bubble coming but i wonder where you get our math in here? That $35,000 as much as I wanted to see it is a wishful thinking saying that price this early. So tell me how did you calculate it or you just put some random numbers in there? Probably the second one. Wink

I am not sure too how he calculated it, maybe just because of mere speculations. If it does realy $35,000, then that is a sight to behold. A bitcoin can buy you a nice house or a low end sports car by then. Heck, if I just held my bitcoins back in 2015, I would be a millionaire by that time. Oh well.

Hodl and hodl well. My target and dream is to be able to buy a house or more with my bitcoins. I will hodl until this is possible!

LuanX3

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Quote from: BitcoinPanther on January 17, 2017, 06:12:01 PM

Quote from: BitcoinBarrel on January 14, 2017, 10:46:19 PM

It's more like:

1. Rally to $266
2. Rally to $1300
3. Rally to $35000

I agree that there will be another bubble coming but i wonder where you get our math in here? That $35,000 as much as I wanted to see it is a wishful thinking saying that price this early. So tell me how did you calculate it or you just put some random numbers in there? Probably the second one. Wink

I am not sure too how he calculated it, maybe just because of mere speculations. If it does realy $35,000, then that is a sight to behold. A bitcoin can buy you a nice house or a low end sports car by then. Heck, if I just held my bitcoins back in 2015, I would be a millionaire by that time. Oh well.

BitcoinPanther

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Quote from: BitcoinBarrel on January 14, 2017, 10:46:19 PM

It's more like:

1. Rally to $266
2. Rally to $1300
3. Rally to $35000

I agree that there will be another bubble coming but i wonder where you get our math in here? That $35,000 as much as I wanted to see it is a wishful thinking saying that price this early. So tell me how did you calculate it or you just put some random numbers in there? Probably the second one. Wink

coinplus

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Quote from: alyssa85 on January 15, 2017, 12:08:11 PM

I think next bubble is bitcoin bubble 7.0. See the following for the number of bubbles we have had:

https://medium.com/@mcasey0827/speculative-bitcoin-adoption-price-theory-2eed48ecf7da#.w5xwlz9hq

We must even be still in bubble 6 and merely in a correction/profit-taking phase.

Hey, thanks for sharing this table. Really impressive information. Nice to have and nice to show my friends.

Moreover I never believe in the term bubble, yes I always use 'rally' instead of that. Bubble maybe a term of pessimists. Being a trader I do view this as a potential commodity's life cycle. More are yet to come. Hopefully these rally will continue to buy yacht in near future Grin

pealr12

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Quote from: BitcoinBarrel on January 14, 2017, 03:05:11 PM

It's coming, are you ready?

Im always ready to whatever will happen.. the best thing that excites me if bitcoin can regain the price of 1150$ and starts to pump its price to the highest level.like no one could ever imagined.

alyssa85

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Quote from: alyssa85 on January 15, 2017, 02:24:46 PM

Quote from: BitcoinBarrel on January 15, 2017, 01:33:52 PM

Quote from: alyssa85 on January 15, 2017, 12:08:11 PM

I think next bubble is bitcoin bubble 7.0. See the following for the number of bubbles we have had:

https://medium.com/@mcasey0827/speculative-bitcoin-adoption-price-theory-2eed48ecf7da#.w5xwlz9hq

We must even be still in bubble 6 and merely in a correction/profit-taking phase.

With a 1500% ROI at $700 baseline, the $10,000 figure is appropriate (average price of used+new cars)

Which implies we're still in the current bubble, we've merely encountered a correction.

And the price is now up to $899, which means the blip down to circa $800 was a mere correction.

spazzdla

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Hum... hum...........

Going from the last 3 run ups.. I think we trend between 800-1000 for 40-60days.. then a few days of 20-30% gains taking us to who knows where.

angaper

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Quote from: alyssa85 on January 15, 2017, 12:08:11 PM

I think next bubble is bitcoin bubble 7.0. See the following for the number of bubbles we have had:

https://medium.com/@mcasey0827/speculative-bitcoin-adoption-price-theory-2eed48ecf7da#.w5xwlz9hq

We must even be still in bubble 6 and merely in a correction/profit-taking phase.

Beautiful numbers. Although the conditions in which those bubbles occurred were totally different from the current ones, I would like to imagine that they could have a real meaning, and if we see the progression of years, each "period of bubbles" doubles the number of years to pass: 2010, 2011, 2013, 2017? 2025? Grin

dothebeats

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Quote from: Slow death on January 15, 2017, 06:23:19 AM

When the governments of certain countries approve policies that hinder people's investments. People try to protect their investments and run to invest in bitcoin... bitcoin price rises, in a few hours we have huge dump of Altcoins, because altcoins holders want to take advantage of the high price that bitcoin has at that moment

When bitcoin falls, they run to altcoin and altcoin climbs to the sky. Maybe my reasoning is wrong.

It is possible to happen what OP is saying

Quote from: BitcoinBarrel on January 14, 2017, 03:05:11 PM

It's coming, are you ready?

yes.

Aside from bitcoin, there are other investments out there that could be used to protect these rich people's asses after all. If the conventional investments such as oil, gold and whatnot fails to get what they wanted, it's either they keep their assets offshore on a bank or find some decent item that could store value for the next couple of years. As for the bubble that happened, I think that it's just a perfect execution of price manipulation that drove FOMO to most people causing insanely high prices.

Well I'd love that to happen once more.

alyssa85

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Quote from: BitcoinBarrel on January 15, 2017, 01:33:52 PM

Quote from: alyssa85 on January 15, 2017, 12:08:11 PM

I think next bubble is bitcoin bubble 7.0. See the following for the number of bubbles we have had:

https://medium.com/@mcasey0827/speculative-bitcoin-adoption-price-theory-2eed48ecf7da#.w5xwlz9hq

We must even be still in bubble 6 and merely in a correction/profit-taking phase.

With a 1500% ROI at $700 baseline, the $10,000 figure is appropriate (average price of used+new cars)

Which implies we're still in the current bubble, we've merely encountered a correction.

BitcoinBarrel

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Fill Your Barrel with Bitcoins!

Quote from: alyssa85 on January 15, 2017, 12:08:11 PM

I think next bubble is bitcoin bubble 7.0. See the following for the number of bubbles we have had:

https://medium.com/@mcasey0827/speculative-bitcoin-adoption-price-theory-2eed48ecf7da#.w5xwlz9hq

We must even be still in bubble 6 and merely in a correction/profit-taking phase.

With a 1500% ROI at $700 baseline, the $10,000 figure is appropriate (average price of used+new cars)

gentlemand

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Welt Am Draht

Quote from: CoinCidental on January 15, 2017, 01:01:51 PM

the people who wanted out at 1200 could have left last week ,personally ,i wouldnt dust off my cold storage for anything under 10k
(even when we reach 10k il probably only sell about 20%)

Indeed. Reaching multiple thousands and, most importantly, staying there is when it's time to start rethinking whether you should ever sell. It can potentially scrabble around between 400-1200 until the miners give up with no more fresh blood.

If it goes above and stays above then that means demand has notched up a level while production is winding down. That only points in one direction.

CoinCidental

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Si vis pacem, para bellum

Quote from: pitham1 on January 15, 2017, 08:06:36 AM

Quote from: BitcoinBarrel on January 14, 2017, 10:46:19 PM

It's more like:

1. Rally to $266
2. Rally to $1300
3. Rally to $35000

Can you imagine the number of sellers there would be at$1200 levels? A lot of money has to come into the bitcoin system for tge next bubble. I personally would be delighted with $35000, but I dont see it happening soon.

the people who wanted out at 1200 could have left last week ,personally ,i wouldnt dust off my cold storage for anything under 10k
(even when we reach 10k il probably only sell about 20%)

CoinCidental

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Si vis pacem, para bellum

Quote from: Sithara007 on January 15, 2017, 03:16:08 AM

Quote from: BitcoinBarrel on January 14, 2017, 10:46:19 PM

It's more like:

1. Rally to $266
2. Rally to $1,300
3. Rally to $35,000

$1,300 (or $800 at current exchange rates) to $35,000 is a bit too much to ask for, in my opinion. That would require the market cap to increase to almost $500 billion. It is not theoretically impossible, but at current circumstances I can't see a clear path towards it.

very possible my good man
facebook is worth about 350 B
would you let anyone tell you that bitcoin is less functional than facebook ??

alyssa85

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I think next bubble is bitcoin bubble 7.0. See the following for the number of bubbles we have had:

https://medium.com/@mcasey0827/speculative-bitcoin-adoption-price-theory-2eed48ecf7da#.w5xwlz9hq

We must even be still in bubble 6 and merely in a correction/profit-taking phase.

lumeire

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Quote from: Sniper44 on January 15, 2017, 10:41:39 AM

Quote from: BitcoinBarrel on January 14, 2017, 03:05:11 PM

It's coming, are you ready?

bubble, crash, moon, dead!
why is everyone in speculation board always so melodramatic

you should come down to earth and start thinking more realistically instead of always thinking and wanting some unreal numbers like $10K or other way $50

Because it's speculation. Emotion can heavily influence everything here.

severaldetails

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Activity: 959

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Hell no. Not another bubble.
The only ones making profit out of bubbles are the major investors.
I prefer the steady growth backed up by real demand of people who want to keep their coins longterm or use them as a way of payment.
But for the next few months, I see no bubble coming. It always takes time after one bubble has collapsed to create another one.

Sniper44

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Quote from: BitcoinBarrel on January 14, 2017, 03:05:11 PM

It's coming, are you ready?

bubble, crash, moon, dead!
why is everyone in speculation board always so melodramatic

you should come down to earth and start thinking more realistically instead of always thinking and wanting some unreal numbers like $10K or other way $50

Topic: Bitcoin Bubble 3.0 - page 2. (Read 3495 times)