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...
It's more like:
1. Rally to $266
2. Rally to $1,300
3. Rally to $35,000
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.
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.
It's more like:
1. Rally to $266
2. Rally to $1300
3. Rally to $35000
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.
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!
It's more like:
1. Rally to $266
2. Rally to $1300
3. Rally to $35000
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.
It's more like:
1. Rally to $266
2. Rally to $1300
3. Rally to $35000
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 $35,000 as much as I wanted to see it is a wishful thinking saying that price this early. So tell me how did you calculate it or you just put some random numbers in there? Probably the second one.
I think next bubble is bitcoin bubble 7.0. See the following for the number of bubbles we have had:
https://medium.com/@mcasey0827/speculative-bitcoin-adoption-price-theory-2eed48ecf7da#.w5xwlz9hq
We must even be still in bubble 6 and merely in a correction/profit-taking phase.
Hey, thanks for sharing this table. Really impressive information. Nice to have and nice to show my friends.https://medium.com/@mcasey0827/speculative-bitcoin-adoption-price-theory-2eed48ecf7da#.w5xwlz9hq
We must even be still in bubble 6 and merely in a correction/profit-taking phase.
Moreover I never believe in the term bubble, yes I always use 'rally' instead of that. Bubble maybe a term of pessimists. Being a trader I do view this as a potential commodity's life cycle. More are yet to come. Hopefully these rally will continue to buy yacht in near future
It's coming, are you ready?
Im always ready to whatever will happen.. the best thing that excites me if bitcoin can regain the price of 1150$ and starts to pump its price to the highest level.like no one could ever imagined. 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.
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.
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.
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.
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.
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?
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
yes.
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
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.
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.
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.
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.
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)
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%)
(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.
It's more like:
1. Rally to $266
2. Rally to $1300
3. Rally to $35000
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%)
It's more like:
1. Rally to $266
2. Rally to $1,300
3. Rally to $35,000
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 ??
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.
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.
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.
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.
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.
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
i have been saying this from the start and for years. bubbles are not good and they never have been. unfortunately about bitcoin it had a couple of them already which makes it look bad and only a trading tool and drives people away from the currency aspect.
but fortunately for bitcoin these bubbles are becoming more rare and also smaller which shows the market is maturing over time and becoming bigger than just a small number of traders pumping.
in time we will see a market more stable than anything ever seen even better than gold.
but fortunately for bitcoin these bubbles are becoming more rare and also smaller which shows the market is maturing over time and becoming bigger than just a small number of traders pumping.
in time we will see a market more stable than anything ever seen even better than gold.
With bitcoin and crypto in general bubbles are forces to be reckoned with. Why else do you think it got a lot of adoption on such a small notice. When there is mass adoption the price may not be this volatile, but at this moment i rather hope the corrections are in line with the growth.
Instead of another hack bringing the price back 20% or more...
i have been saying this from the start and for years. bubbles are not good and they never have been. unfortunately about bitcoin it had a couple of them already which makes it look bad and only a trading tool and drives people away from the currency aspect.
but fortunately for bitcoin these bubbles are becoming more rare and also smaller which shows the market is maturing over time and becoming bigger than just a small number of traders pumping.
in time we will see a market more stable than anything ever seen even better than gold.
but fortunately for bitcoin these bubbles are becoming more rare and also smaller which shows the market is maturing over time and becoming bigger than just a small number of traders pumping.
in time we will see a market more stable than anything ever seen even better than gold.
It's more like:
1. Rally to $266
2. Rally to $1300
3. Rally to $35000
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.
Neither do I. there is no basis for that. With noever 600 we can be very happy the price stablized around 800 dollars now.
Perhaps we see a new up later this year but for now i don't expect any big jumps.
It's more like:
1. Rally to $266
2. Rally to $1300
3. Rally to $35000
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.
It's more like:
1. Rally to $266
2. Rally to $1300
3. Rally to $35000
Your point 3. is not happening during our life time. Not if I base my observations on Bitcoin history so far. Even if investors will be able to start pushing the price so high that race will be doomed sooner or later.1. Rally to $266
2. Rally to $1300
3. Rally to $35000
We already have seen seen what it will be: bitcoin will gain momentum price will rise, ready to break ATH and as result Chinese, American (pick your country) central banks will prepare warning and say that bitcoin is not and never will be legal tender or even a currency. Then it will be a crash... Just like the last time 2 weeks ago.
You see, the "bubble" it is impossible to call any movement of the market when the rapid rise in prices has followed the decline - it's just an ordinary volatility, which is typical of many assets. Specifically, the term "bubble" refers to a situation when a sharp rise in prices was not based on any economic justification. That is, prices are rising solely because of over-optimistic speculators, and not on the basis of sober consideration of market realities.
When this investment bubble bursts, there is no reason for its re-growth. The market is recovering, speculators understand that they were wrong and that high price was just irrational. But what if, instead of further depressing falling, the price suddenly begins to grow again, and a few months later triumphantly returns to its previous highs? This suggests that, like it or not, the initial rise may not have been so unfounded.
When this investment bubble bursts, there is no reason for its re-growth. The market is recovering, speculators understand that they were wrong and that high price was just irrational. But what if, instead of further depressing falling, the price suddenly begins to grow again, and a few months later triumphantly returns to its previous highs? This suggests that, like it or not, the initial rise may not have been so unfounded.
First of all it wouldn't be bubble 3.0! Bitcoin has already seen more than just 2 bubbles!
And no I don't see it happening any time soon.
Chinese exchanges stopped high leveraged trading which will reduce Bitcoin's volatility even more.However this will make it much more interesting for serious investors.
In the long run of course if we keep growing in terms of user adoption and progress in technology there might be prices of high 4 figures to even 5 figures in a few years or a decade.
And no I don't see it happening any time soon.
Chinese exchanges stopped high leveraged trading which will reduce Bitcoin's volatility even more.However this will make it much more interesting for serious investors.
In the long run of course if we keep growing in terms of user adoption and progress in technology there might be prices of high 4 figures to even 5 figures in a few years or a decade.
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
yes.
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
It's coming, are you ready?
yes.
Nah don't think so.
If you look at "maths" and TA as you said, it seems like the risk for a 3rd bubble was a few days ago and is now finished.
The risk was when we reached 1200, I was very frightened of going even upper, 2k$ would have been terrible...
But right now price is at around 800$ stable and that's good!
If you look at "maths" and TA as you said, it seems like the risk for a 3rd bubble was a few days ago and is now finished.
The risk was when we reached 1200, I was very frightened of going even upper, 2k$ would have been terrible...
But right now price is at around 800$ stable and that's good!
well, even if a new bubble starts shaping up, that wouldn't technically be the third one because there has been other bubbles, mostly smaller ones that didn't last long either.
but yeah i am ready, because i have been smart unlike most people who are weak hands and i have bought when everyone was running around asking "should we buy or will it go down", that was my queue to buy as much as i can as fast as i can and i acted on it.
but yeah i am ready, because i have been smart unlike most people who are weak hands and i have bought when everyone was running around asking "should we buy or will it go down", that was my queue to buy as much as i can as fast as i can and i acted on it.
But you should know when to sell too.
If you look at the graphs it really starts to remined the fall of December 2013.
I think we'll have another big rise, and then a small and consistent fall.
Eventually it will hold still at around 600 USD/BTC.
yeah i sold some in the bubble at $1100 and bought back again when price dropped a couple of days ago.
but i am not convinced about any similarity between today and December 2013. that bubble started out from less than $150-$200 and price fell down to $200 after and this new bubble of 2017 started at $790 and price dropped down to $800 (and a short period below $800) that is why i don't see it dropping any more.
i am interested to know why you say you think there would be another "consistent" fall?
well, even if a new bubble starts shaping up, that wouldn't technically be the third one because there has been other bubbles, mostly smaller ones that didn't last long either.
but yeah i am ready, because i have been smart unlike most people who are weak hands and i have bought when everyone was running around asking "should we buy or will it go down", that was my queue to buy as much as i can as fast as i can and i acted on it.
but yeah i am ready, because i have been smart unlike most people who are weak hands and i have bought when everyone was running around asking "should we buy or will it go down", that was my queue to buy as much as i can as fast as i can and i acted on it.
But you should know when to sell too.
If you look at the graphs it really starts to remined the fall of December 2013.
I think we'll have another big rise, and then a small and consistent fall.
Eventually it will hold still at around 600 USD/BTC.
yeah i sold some in the bubble at $1100 and bought back again when price dropped a couple of days ago.
but i am not convinced about any similarity between today and December 2013. that bubble started out from less than $150-$200 and price fell down to $200 after and this new bubble of 2017 started at $790 and price dropped down to $800 (and a short period below $800) that is why i don't see it dropping any more.
i am interested to know why you say you think there would be another "consistent" fall?
well, even if a new bubble starts shaping up, that wouldn't technically be the third one because there has been other bubbles, mostly smaller ones that didn't last long either.
but yeah i am ready, because i have been smart unlike most people who are weak hands and i have bought when everyone was running around asking "should we buy or will it go down", that was my queue to buy as much as i can as fast as i can and i acted on it.
but yeah i am ready, because i have been smart unlike most people who are weak hands and i have bought when everyone was running around asking "should we buy or will it go down", that was my queue to buy as much as i can as fast as i can and i acted on it.
But you should know when to sell too.
If you look at the graphs it really starts to remined the fall of December 2013.
I think we'll have another big rise, and then a small and consistent fall.
Eventually it will hold still at around 600 USD/BTC.
well, even if a new bubble starts shaping up, that wouldn't technically be the third one because there has been other bubbles, mostly smaller ones that didn't last long either.
but yeah i am ready, because i have been smart unlike most people who are weak hands and i have bought when everyone was running around asking "should we buy or will it go down", that was my queue to buy as much as i can as fast as i can and i acted on it.
but yeah i am ready, because i have been smart unlike most people who are weak hands and i have bought when everyone was running around asking "should we buy or will it go down", that was my queue to buy as much as i can as fast as i can and i acted on it.
It's more like:
1. Rally to $266
2. Rally to $1,300
3. Rally to $35,000
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 does look like if we follow the trend from the last 5 months we will be at 1200usd by 2018
good luck with your hype but i am afraid the rally/bubble days are over for now and it is highly possible that we are back to the same approach to price rise as before. which means slow rise over time, exactly the same kind of rise from $200 to $780 minus the two rallies that happened in the past two years.
It's coming, are you ready?
With bitcoin that is quite assured that there will be a bubble. The question is when will it happen?
It's more like:
1. Rally to $266
2. Rally to $1300
3. Rally to $35000
1. Rally to $266
2. Rally to $1300
3. Rally to $35000
It's coming, are you ready?
agreed with previouse poster , what makes you so sure?
How can you do math when you can't even count?
1. rally to $1
2. rally to $32
3. rally to $266
4. first rally to $1200
5. second rally to $1200
If we do take off here, it will be a continuation of at least the 5th "bubble".
Bitcoinbarrel, what kinda maffs is you talkin' bout? Less'n you gots a crystal ball you cain't tell nobody awhere we're headed. But nuffa dat, I am reddy fo' liftoff if we headed fo' the moon. I ain't sellin' nuffin'. But I am curious. What kinda time frame is you predictin' here fo' the big salami launcher? An' how high is the fire tower whence we can voraciously observe the explodion? I humbly await yo answa.
History always repeats it's self.. Its bound to happen again! and again.. and again..
It's coming, are you ready?
With bitcoin that is quite assured that there will be a bubble. The question is when will it happen?
Yea it's just a part of life. But when? I'd say next week.
It's coming, are you ready?
With bitcoin that is quite assured that there will be a bubble. The question is when will it happen?
It's coming, are you ready?
agreed with previouse poster , what makes you so sure?
Or TA you mean ?
Pardon me, but even what you said, is not even an appropriate full answer
It's coming, are you ready?
agreed with previouse poster , what makes you so sure?
It's coming, are you ready?
agreed with previouse poster , what makes you so sure?
It's coming, are you ready?
What is making you quite sure my friend ?
It's coming, are you ready?
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