Topic: Bitcoin - It's not a bubble, it's a boom (Read 3351 times)
i agree with OP
I hope it will be 400 around mid 2014 because then 1000 by fall 2014 won't be a bubble
I believe now we are not in bubble stage, but bubble shooting to 400+ might happen early next year
We are behind the trend currently. I expect the next overshoot to consummate early next year with at least $1,500 top.
It is in a small bubble atm and we will see a correction soon.
Eh, I think that whether Bitcoin turns out to be a bubble is still kind of up in the air, but anyway it definitely seems to be booming for now, and seems like it's set to rise for quite a while at least...
Hope BTC/USD go to 1 again 
If it went to 1, I think its pretty high chances that it would go 0.....
The highest we will see is $280 before we plummet down to $100 and all the wannabe traders get hammered.
nah... when it breaks ath, it will go much higher - no stop until 400...
The highest we will see is $280 before we plummet down to $100 and all the wannabe traders get hammered.
Still too soon to tell. What would happen if you wake up 1 day and see the price at 1$.
... i would realize i am having a fkn nightmare
Hope BTC/USD go to 1 again
The irony is that if BTC went to only $1 no one would want them anymore! Or people would be afraid to invest in them at that point.
Hope BTC/USD go to 1 again
Still too soon to tell. What would happen if you wake up 1 day and see the price at 1$.
Buy, Buy, Buy - Will not happen
Still too soon to tell. What would happen if you wake up 1 day and see the price at 1$.
Americans in particular were trying to claim that China was a bubble
Pot, meet kettle.
You can realistically talk about bubble if it takes at least 5 years to get the money back after buying in at the top.
With bitcoin, this has been maximum 1.7 years, which is better than most stock.
With bitcoin, this has been maximum 1.7 years, which is better than most stock.
Right? That is so true!
You can realistically talk about bubble if it takes at least 5 years to get the money back after buying in at the top.
With bitcoin, this has been maximum 1.7 years, which is better than most stock.
With bitcoin, this has been maximum 1.7 years, which is better than most stock.
bitcoin bubbles itself up all the way to ... hm... 10 k $ 
Maybe the recent BTC price rise and fall has been volatile, but if you look at the exchange rate across the different exchanges for the last couple of months as shown on http://www.bitcoingraph.org/ you can clearly see that the price of BTC was increasing smoothly until the peak on Oct 23rd, then a market correction, but now it is clearly on the rise again.
Boom, bubble, whatever. Just semantics. There are extremes on both sides. What bothers me about the "not a bubble" crowd is that -- like the converse -- you can only state this after the fact. So let's wait and see. 
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