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Topic: Markets Tanking >>> Bitcoin Steady Climb >>> Safe Haven Effect Kicking in - page 2. (Read 1462 times)

full member
Activity: 140
Merit: 101
To answer your question:
1) I think yes, it's finally on the card and is getting there closers and closer by each day as opposed to the past 6 months.
2) I think it would be within the next 3 months or so and many factos could come into place, the halving/ the media ( not sure if many notice but I do watch a lot of TV Series and almost all of them had somehow used the use of bitcoin on at least 30 seconds of the show, if I'm not mistaken, 4 tv shows this week and two tv shows last week ) so it does have an impact of it self and for as to how high it goes, hoping for 550-ish to 600 value.
Cool observation.  I'll have to start paying attention.  I actually think that would be the canary in the coalmine regarding the bitcoin explosion (or fiatcoin if it goes that way.)  Either way - when you start seeing subtle, and positive, insertions of the "idea of bitcoin" and little "bitcoin is cool" things coming out of mainstream - then it means the big players are getting ready to announce, and it is the slow buildup.
sr. member
Activity: 274
Merit: 250
Negative rating was requested by me (SFR10)
To answer your question:
1) I think yes, it's finally on the card and is getting there closers and closer by each day as opposed to the past 6 months.
2) I think it would be within the next 3 months or so and many factos could come into place, the halving/ the media ( not sure if many notice but I do watch a lot of TV Series and almost all of them had somehow used the use of bitcoin on at least 30 seconds of the show, if I'm not mistaken, 4 tv shows this week and two tv shows last week ) so it does have an impact of it self and for as to how high it goes, hoping for 550-ish to 600 value.
full member
Activity: 140
Merit: 101
With the increasing panic and uncertainty in the market, it is interesting to see the persistent and solid rise in the price of Bitcoin.   Obviously Bitcoin is playing by a whole separate set of rules, and you do have sideline issues such as Craig/Satoshi, etc...

But I get the sense that what we are seeing is the beginning of a growth curve.   Will we see Mainstream Media / Banks try and put the breaks on with bad news/spin? 

But I really like this slow, deliberate climb.  Bodes well I think.

Honestly, my biggest fear right now is that FANTASTIC Bitcoin news could come about, that would instigate a rocket shot to the moon - which may be more unstable.  Plus I really fear it would leave consolidation in too few hands.  My second greatest fear is that we don't get enough clarification on the blocksize issue, and momentum is allowed to swing to some sort of big news event regarding fiat coin, and the bitcoin vs fiatcoin becomes more difficult for bitcoin (Not deadly difficult, but more difficult)

Historical Times.  Global Financial Meltdown.  Financial change.  Societal Chaos.  The eve of the Singularity.  Don't know whether to be excited - or scared to the point of crapping my britches.

So.... to question(s).

1) Do you think that the Safe Haven effect is finally starting to get larger traction regarding bitcoin?

2) When does anyone think Bitcoin hits it's next sustained and substantial growth curve, what triggers it, what does it look like, and how high does it go before next major speed bump?
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