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Topic: Next boom within 3-4 months tops - page 2. (Read 5674 times)

newbie
Activity: 25
Merit: 0
September 05, 2014, 07:52:00 AM
#57
If one bitcoin will be valued 100,000$ my 0,3 btc will be 30,000$ and it's not bad at all!
sr. member
Activity: 644
Merit: 260
September 05, 2014, 07:20:31 AM
#56
According to the above chart in september 2016 we will be all rich... That's too much optimistic in my opinion, we can't reach 100,000$ in a period of time so small.
legendary
Activity: 1199
Merit: 1047
September 05, 2014, 06:44:54 AM
#55
Define boom.
$2000+ at least, probably $3000+ at peak



Don't stop there, prolong the graph until 2025 or so!


One of these graphs has 1,200 data points. The other graph has 1 data point. Which do you think is more useful?


The first one, but it's still very stupid to expect past perfomance to replicate in the future. It's simply impossible to grow indefinitely at 0.59% per day. Unless we have USD hyperinflation, of course.
hero member
Activity: 784
Merit: 1000
https://youtu.be/PZm8TTLR2NU
September 05, 2014, 06:31:54 AM
#54
Define boom.
$2000+ at least, probably $3000+ at peak



Don't stop there, prolong the graph until 2025 or so!


One of these graphs has 1,200 data points. The other graph has 1 data point. Which do you think is more useful?
legendary
Activity: 1199
Merit: 1047
September 05, 2014, 06:15:46 AM
#53
Define boom.
$2000+ at least, probably $3000+ at peak



Don't stop there, prolong the graph until 2025 or so!

hero member
Activity: 784
Merit: 1000
https://youtu.be/PZm8TTLR2NU
September 05, 2014, 05:18:41 AM
#52
I study paterns as well, looks bullish to me!

https://blockchain.info/charts/difficulty
https://blockchain.info/charts/hash-rate

Quite insane how difficulty and hash-rate grew in not even one year's time!
Indeed. The beautiful thing, is what you begin to see when you extrapolate those curves outward a bit..



Difficulty, hash-rate, and adoption all look like this.

Price follows sooner or later, it's a mathematical inevitability. Demand is going nowhere but up, while supply becomes more and more scarce (hashing difficulty).

This ain't rocket surgery folks.
legendary
Activity: 2242
Merit: 3523
Flippin' burgers since 1163.
September 04, 2014, 03:47:04 AM
#51
I study paterns as well, looks bullish to me!

https://blockchain.info/charts/difficulty
https://blockchain.info/charts/hash-rate

Quite insane how difficulty and hash-rate grew in not even one year's time!
legendary
Activity: 1260
Merit: 1000
World Class Cryptonaire
September 04, 2014, 03:36:27 AM
#50
Define boom.
$2000+ at least, probably $3000+ at peak



Nothing goes up forever.

Except the US monetary base or the US national debt among many other things....unless you are suggesting that they will go up until they cease to exist?
full member
Activity: 236
Merit: 100
September 04, 2014, 03:07:55 AM
#49
Bitcoin truth is found by you
legendary
Activity: 1722
Merit: 1000
September 03, 2014, 07:33:30 PM
#48
IMO the next peek will be MUCH higher than most are expecting IMO 20k, but it will take a lot longer before it even starts.  IMO we might be in a year and a bit of fallin phase :O.
sr. member
Activity: 322
Merit: 250
September 03, 2014, 05:59:14 PM
#47
Nothing goes up forever.
Nothing except the other decentralization of an existing centralized system, AKA the internet, when it replaced the aging dinosaur Telecommunications industry over the course of 15 years.

Quote
"The Internet's takeover of the global communication landscape was almost instant in historical terms: it only communicated 1% of the information flowing through two-way telecommunications networks in the year 1993, already 51% by 2000, and more than 97% of the telecommunicated information by 2007.[1] Today the Internet continues to grow, driven by ever greater amounts of online information, commerce, entertainment, and social networking."
http://en.wikipedia.org/wiki/History_of_the_Internet

The internet is the ONLY technology it makes sense to compare Bitcoin with.

Too legit. We'll see nothing but growth. We are talking a complete revolution here as the FIAT system collapses. This is not a joke. Look at the DATA. We are headed for FIAT devaluation, MATHEMATICALLY.
hero member
Activity: 784
Merit: 1000
https://youtu.be/PZm8TTLR2NU
September 02, 2014, 09:44:15 AM
#46
Nothing goes up forever.
Nothing except the other decentralization of an existing centralized system, AKA the internet, when it replaced the aging dinosaur Telecommunications industry over the course of 15 years.

Quote
"The Internet's takeover of the global communication landscape was almost instant in historical terms: it only communicated 1% of the information flowing through two-way telecommunications networks in the year 1993, already 51% by 2000, and more than 97% of the telecommunicated information by 2007.[1] Today the Internet continues to grow, driven by ever greater amounts of online information, commerce, entertainment, and social networking."
http://en.wikipedia.org/wiki/History_of_the_Internet

The internet is the ONLY technology it makes sense to compare Bitcoin with.
sr. member
Activity: 322
Merit: 250
September 02, 2014, 06:01:56 AM
#45
We won't see under $1000 USD again after the next boom. There might be a small rise at the end of the year with anticipation but I think something major needs to happen for a significant influx of new money (BRIC adoption, financial collapse, reward halves etc).

The next bottom will probably be around $1500 and the peak at abou $5000 or more, but how far are we from that?

far as forever

you should hope bitcoin don't break $300 and $200 first, would you?
Wrooong. No one cares how low it goes, objectively speaking i'll surpass ATH eventually. So if you sell now, you are lossing shit loads of money in 10 years, it's too much of a risk. Buy and hold. It's like you guys want to be poor?
member
Activity: 112
Merit: 10
September 02, 2014, 05:20:09 AM
#44
We won't see under $1000 USD again after the next boom. There might be a small rise at the end of the year with anticipation but I think something major needs to happen for a significant influx of new money (BRIC adoption, financial collapse, reward halves etc).

The next bottom will probably be around $1500 and the peak at abou $5000 or more, but how far are we from that?

far as forever

you should hope bitcoin don't break $300 and $200 first, would you?
Buo
member
Activity: 112
Merit: 10
September 02, 2014, 04:57:08 AM
#43
We won't see under $1000 USD again after the next boom. There might be a small rise at the end of the year with anticipation but I think something major needs to happen for a significant influx of new money (BRIC adoption, financial collapse, reward halves etc).

The next bottom will probably be around $1500 and the peak at abou $5000 or more, but how far are we from that?
hero member
Activity: 988
Merit: 1000
September 02, 2014, 04:07:37 AM
#42
We won't see under $1000 USD again after the next boom. There might be a small rise at the end of the year with anticipation but I think something major needs to happen for a significant influx of new money (BRIC adoption, financial collapse, reward halves etc).
hero member
Activity: 560
Merit: 500
September 02, 2014, 03:59:21 AM
#41
I also believe in the cyclical theory of the price of bitcoin. Let's just hope that everything starts soon. Some had said it had to begin in late July or early August
hero member
Activity: 756
Merit: 502
September 02, 2014, 03:40:08 AM
#40
Define boom.
$2000+ at least, probably $3000+ at peak



one of the best chart i have ever seen,thank you beli dear
full member
Activity: 210
Merit: 100
★☆★ 777Coin - The Exciting Bitco
September 02, 2014, 01:44:34 AM
#39
So the bubbles cycle is finished and bitcoin is overvalued at the moment?
If I had to guess I would probably guess no.  It sounds to me like bitcoin will likely have more bubbles than a pot of boiling water before the last bitcoin is mined a couple of generations from now.
sr. member
Activity: 433
Merit: 250
September 01, 2014, 11:00:24 PM
#38
hodl!
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