Author

Topic: Permanently High Plateau? (Read 3942 times)

full member
Activity: 133
Merit: 100
September 06, 2013, 09:19:04 AM
#16
'Never a better time to buy'

the first one or the second?  Grin
legendary
Activity: 2097
Merit: 1070
September 06, 2013, 08:46:32 AM
#15
'Never a better time to buy'
legendary
Activity: 1904
Merit: 1002
September 05, 2013, 07:32:15 PM
#14
It's better to rent
legendary
Activity: 2101
Merit: 1061
September 05, 2013, 04:53:53 PM
#13
Here's a chart of Japanese land prices during their boom and bust cycle.  The US housing market seems to have followed a similar pattern.
If Bitcoin follows a similar trajectory, where do you think we are on the curve?





Nice chart! If bitcoin follows a similar trajectory theres 10 more years of rising price ahead, which puts us right at the beginning

 Cool
legendary
Activity: 1582
Merit: 1001
September 05, 2013, 01:19:26 AM
#12
The phrase "permanently high plateau" was first popularized by famous economist Irving Fischer. Fischer claimed that the Stock market had reached the PHP just prior to the Wall Street crash on 1929. 

Investors and economist know that whenever the PHP phrase starts being used, that the bull market has quite probably jumped the shark.

Exactly. They just said something similar in Australia regarding housing prices, so you know the australian housing bubble is about to crash. The real state agents are already failing to provide the prices they are selling the houses for as required by law.

Now that China housing bubble is about to pop now, the only big housing bubble that is left is the canadian one. I wonder when will Canada crash.

Prices in Vancouver are ridiculously high when compared to equivalent rent. The bubble pops when the pool of greater suckers is exhausted.

Get real canadas real estate IS on a permanently high plateau

legendary
Activity: 1218
Merit: 1000
September 05, 2013, 01:10:33 AM
#11
are we in the cycle yet?
legendary
Activity: 1106
Merit: 1007
Hide your women
July 18, 2011, 11:06:01 AM
#10
Have you stopped beating your wife yet?
I'll take that as a vote for "totally new paradigm".

We're not in the cycle.
legendary
Activity: 1284
Merit: 1001
July 18, 2011, 03:47:31 AM
#9
Have you stopped beating your wife yet?
I'll take that as a vote for "totally new paradigm".
legendary
Activity: 1106
Merit: 1007
Hide your women
July 12, 2011, 07:27:37 PM
#8
Sorry, fixed the image in the original post.

It seems that in any rapidly growing market there's always talk of 'bubbles'.

In Japan and the US, there was 'bubble talk' about the housing market long before the peak.  Then at the peak the conventional wisdom was that of a 'permanently high plateau'.  And on the way down, the conventional wisdom was 'never a better time to buy'.

Is bitcoin following a similar trajectory?  Where are we in the cycle?


Have you stopped beating your wife yet?
full member
Activity: 532
Merit: 102
July 12, 2011, 06:12:00 PM
#7
Sorry, fixed the image in the original post.

It seems that in any rapidly growing market there's always talk of 'bubbles'.

In Japan and the US, there was 'bubble talk' about the housing market long before the peak.  Then at the peak the conventional wisdom was that of a 'permanently high plateau'.  And on the way down, the conventional wisdom was 'never a better time to buy'.

Is bitcoin following a similar trajectory?  Where are we in the cycle?
legendary
Activity: 1106
Merit: 1007
Hide your women
July 12, 2011, 01:57:07 PM
#6
The phrase "permanently high plateau" was first popularized by famous economist Irving Fischer. Fischer claimed that the Stock market had reached the PHP just prior to the Wall Street crash on 1929. 

Investors and economist know that whenever the PHP phrase starts being used, that the bull market has quite probably jumped the shark.

Exactly. They just said something similar in Australia regarding housing prices, so you know the australian housing bubble is about to crash. The real state agents are already failing to provide the prices they are selling the houses for as required by law.

Now that China housing bubble is about to pop now, the only big housing bubble that is left is the canadian one. I wonder when will Canada crash.

Prices in Vancouver are ridiculously high when compared to equivalent rent. The bubble pops when the pool of greater suckers is exhausted.
legendary
Activity: 1148
Merit: 1001
Radix-The Decentralized Finance Protocol
July 12, 2011, 12:56:58 PM
#5
The phrase "permanently high plateau" was first popularized by famous economist Irving Fischer. Fischer claimed that the Stock market had reached the PHP just prior to the Wall Street crash on 1929. 

Investors and economist know that whenever the PHP phrase starts being used, that the bull market has quite probably jumped the shark.

Exactly. They just said something similar in Australia regarding housing prices, so you know the australian housing bubble is about to crash. The real state agents are already failing to provide the prices they are selling the houses for as required by law.

Now that China housing bubble is about to pop now, the only big housing bubble that is left is the canadian one. I wonder when will Canada crash.
legendary
Activity: 1106
Merit: 1007
Hide your women
July 12, 2011, 12:11:48 PM
#4
The phrase "permanently high plateau" was first popularized by famous economist Irving Fischer. Fischer claimed that the Stock market had reached the PHP just prior to the Wall Street crash on 1929. 

Investors and economist know that whenever the PHP phrase starts being used, that the bull market has quite probably jumped the shark.
hero member
Activity: 695
Merit: 502
PGP: 6EBEBCE1E0507C38
July 12, 2011, 02:24:55 AM
#3
why not hair length.

I will Let my hair grow with the price of BTC, when it crashes I will cut my hair.

I'm only serious about letting my hair grow if I get a few btc/day donation to the cause.  its currently about 3/4 in or 18mm

If it gets long enough I'll donate the long hair to cancer or who ever collects it.
member
Activity: 84
Merit: 10
July 11, 2011, 02:34:22 AM
#2
There is no chart. And why are you comparing the housing market with bitcoin? Just because it's increasing? Why not the apple stock? Or the fuel price?
full member
Activity: 532
Merit: 102
July 10, 2011, 10:43:13 AM
#1
Here's a chart of Japanese land prices during their boom and bust cycle.  The US housing market seems to have followed a similar pattern.

If Bitcoin follows a similar trajectory, where do you think we are on the curve?



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