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Topic: How high will the next bubble go? (Read 5022 times)

legendary
Activity: 2744
Merit: 1288
August 13, 2014, 06:42:49 AM
#91
Can't see anything to trigger a new bubble, so any guess would be based on nothing.

true, bubble will happen 3 months after something big will happen. there was nothing such recently.
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
August 11, 2014, 11:37:42 AM
#90
Pretty difficult to tell! If we see a bubble this year... It could go either way, it could be a small one ($1500-$2000) or we could see a medium sized one ($3000-$6000). But anything above $6000 is highly unlikely if you ask me! But maybe we need the bubbles and the media frenzy that's accompanying it!
member
Activity: 107
Merit: 10
August 11, 2014, 11:30:06 AM
#89
I can't vote in your poll...

The next bubble will start between $30-$300..

For now, we go down, down, down. There are too many greedy people expecting too much.

Smart money won't buy that at these levels.

We need to reach the capitulation phase before a new big bubble.
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
August 11, 2014, 09:56:18 AM
#88
we can make a funny calculation: if in 5 years btc rised from 1 to 1K, it's mean an average of 200 per years, then we can expect 1200 dollar at january of 2015, or probably much higher but with a dump in april 2015 that will reduce it to 1200 dollar, and so on...
full member
Activity: 210
Merit: 100
August 11, 2014, 07:27:34 AM
#87
4k to 5k but its just a guess, no body knows.

Maybe Satoshi knows! He's such a genius and it wouldn't surprise me if he actually has a model that accurately described every part of Bitcoins development, including the price. He could make a fortune with that!
3x2
legendary
Activity: 1526
Merit: 1004
August 11, 2014, 07:25:05 AM
#86
4k to 5k but its just a guess, no body knows.
full member
Activity: 210
Merit: 100
August 11, 2014, 07:22:35 AM
#85
It won't go that high. We still need more adoption in order to justify a higher price! I think we might see USD $2000 if the bubble starts this year, or maybe USD $3000 if we wait for some time and give Bitcoin more time to gain traction!
sr. member
Activity: 350
Merit: 250
Honest 80s business!
August 11, 2014, 06:56:03 AM
#84
sideways not up or down for awhile. thats the bubble.

Haha, you're not around for a very long, time are you? This sideways movement is completely normal for Bitcoin! It's just because it's summer now and the previous bubble has popped. We're experiencing a normal phase of stability! We'll go up eventually! Smiley
sr. member
Activity: 266
Merit: 250
August 11, 2014, 02:47:24 AM
#83
sideways not up or down for awhile. thats the bubble.
full member
Activity: 182
Merit: 100
August 11, 2014, 02:44:23 AM
#82
We are waiting already for a really long time for the next bubble. I think it will be a crazy one with spikes up to 12k $ and then going back to ~7k $ until the next world economy crisies arrives and pushes us to higher limits.

Somewhere in 2018-2020. I don't think we'll go past 700 this year again.

Still 4 more months in 2014. And the ETF will start trading in Nov/Dec.
legendary
Activity: 1064
Merit: 1001
August 11, 2014, 02:41:17 AM
#81
We are waiting already for a really long time for the next bubble. I think it will be a crazy one with spikes up to 12k $ and then going back to ~7k $ until the next world economy crisies arrives and pushes us to higher limits.

Somewhere in 2018-2020. I don't think we'll go past 700 this year again.
legendary
Activity: 1473
Merit: 1086
August 10, 2014, 05:17:39 PM
#80
We are waiting already for a really long time for the next bubble. I think it will be a crazy one with spikes up to 12k $ and then going back to ~7k $ until the next world economy crisies arrives and pushes us to higher limits.
Buo
member
Activity: 112
Merit: 10
August 10, 2014, 04:24:17 PM
#79
The next bubble will hit a ATH of 4000$, and I think it will start in mid 2015.
hero member
Activity: 988
Merit: 1000
August 10, 2014, 04:14:02 PM
#78
I am still waiting for the next bubble, shouldn't it be September?

Yeah, I guess it's scheduled for then. I think the Wallstreet people are still discussion about when the bubble should start. Maybe they even prepare some secret party that concides with the start of the bubble. We'd have to see if anyone knows when that's scheduled so we can act accordingly!
Bubbles are not "scheduled" as if this was the case everyone would buy prior to the time the bubble is to start and sell prior to when it reaches it's peak. This would result in the bubble "starting" prior to when it is "scheduled" to start. I think the fact that we have not seen a bubble this year is a sign that bitcoin is starting to stabilize.
legendary
Activity: 1988
Merit: 1012
Beyond Imagination
August 10, 2014, 03:42:58 PM
#77
The previous rally were mostly triggered by mining technology switch, but now the mining tech won't change too much in the coming years, the price will stabilize. So maybe not a big dramatic rally but a long and steady rise

I would think that it was in the opposite way, mining switch was triggered by the rise on the price not otherwise. Simply people saw profit on investing in new mining hardware seeing the price.

When people first pre-ordered ASIC mining rigs, no one knew if they would succeed, but bitcoin price were very low by then and no one knew if its price will rise. After ASIC arrived, many true believers could not get coin by mining using GPU farm, this forced them to buy coins on open market and dramatically lifted the price (They continuously accumulate bitcoins, for them the bitcoin is priceless, they will use the lowest possible cost to get coins no matter what)

Now all these investors have changed to ASIC farms, if difficulty increase slows down, there will not be so much buying support from these true believers since they have already a steady inflow of bitcoins from their ASIC farms. Rest of the capitals are mostly from speculators, if price movement calms down, those money will retreat and find other speculation targets

You can imagine, if a quantum miner which is 100 times more efficient than ASIC miners comes out, same thing will happen, many miners will lose their market share and their only way to get bitcoin is to buy it from exchanges, that will drive the price up another 100 times

But today's quantum computer costs too much energy, they are essentially useless even if they managed to get the calculation right


sr. member
Activity: 280
Merit: 250
Relax!
August 10, 2014, 10:45:47 AM
#76
I am still waiting for the next bubble, shouldn't it be September?

Yeah, I guess it's scheduled for then. I think the Wallstreet people are still discussion about when the bubble should start. Maybe they even prepare some secret party that concides with the start of the bubble. We'd have to see if anyone knows when that's scheduled so we can act accordingly!
sr. member
Activity: 350
Merit: 250
Honest 80s business!
August 10, 2014, 10:00:20 AM
#75
According to solid TA from various experts, like myself, the next bubble will be at least 8000$ and could possibly top at 20000$. What do you expect? Please vote!

Ummm I guess we should see at least $7500. This current bubble really seems to take its time, and therefore it has a lot of momentum built up. A 12.6x increase due to a bubble? Why not? This isn't unprecedented in Bitcoin land!
sr. member
Activity: 255
Merit: 250
August 10, 2014, 09:53:33 AM
#74
I am still waiting for the next bubble, shouldn't it be September?
sr. member
Activity: 644
Merit: 260
August 10, 2014, 09:47:14 AM
#73
Maybe we started to "bubble" again after the $340ish low, and then the top was at $685. And now back to bear market? Grin Bit of a stretch in definition, but hey, we doubled!

A bubble should only be considered a bubble when it is in uncharted price territory. Bouncing around previous price territory is not a bubble.

This is just a stagnation period after the "real" bubble we had in late 2013.
You can recognize a bubble from its exponential rise where most people panic buy all what they can afford in a short period of time.
legendary
Activity: 1316
Merit: 1000
Varanida : Fair & Transparent Digital Ecosystem
August 10, 2014, 08:27:09 AM
#72
Without Chinese, there are not enough speculations, the price can not go skyrocket, so, $680 would be the answer
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