Topic: [prediction] How this 'bubble' will end - page 2. (Read 2653 times)
Yeah we all know governments have infinite power over p2p technologies right? The most they can do is outlaw exchanges, and it would take *all* governments to cooperate to have any effect. After that bitcoins would go to the black p2p underground market, that's all. Regulate? Try to describe how that would work?
You're only kidding yourself. Bitcoin is already on governmental radars on both sides of the pond. They've already issued statements that they want this thing regulated and brought under control. Sure, it may get to $500 while the authorities scramble to come up with some effective policies, but I don't see them letting it go far beyond that. Not while remaining the same Bitcoin we know now.
the truth is nobody knows how it will end. you can speculate all you want but at the end you will be wrong
But it will go UP and then it will go DOWN, and that will be fun to take advantage of.
the truth is nobody knows how it will end. you can speculate all you want but at the end you will be wrong
Amazingly said. I'm looking forward to this eventually happening so I can load up on more coins at the bottom.
You have put my exact thoughts into words. Agree 100%.
+1
You have put my exact thoughts into words. Agree 100%.
Right now, many of you are saying that this kind of growth cannot last forever, and that may be true. However, it is true without a shadow of a doubt that Bitcoin, if successful, will be worth a great deal more in the future, and to get there, we simply must have dramatic rises such as the current one. Thus, crashes will not last.
This is not 2011. The end of the rally will be more like January or August 2012. A panic sell happens at $500, for example, and for two months, people will be depressed as the price just slides down, but overall, stability is much better, and liquidity improves in the markets. The fall stops at $350-400, and then we have a consolidation period where we rise into the mid-high $400s and stabilize for a few months. Then, good news arrives in the form of increased adoption, beginning the next leg up.
The 'bubble' will not end with a bust, it'll end just like the previous two 'bubbles': more adoption, better fundamentals, better liquidity.
This is not 2011. The end of the rally will be more like January or August 2012. A panic sell happens at $500, for example, and for two months, people will be depressed as the price just slides down, but overall, stability is much better, and liquidity improves in the markets. The fall stops at $350-400, and then we have a consolidation period where we rise into the mid-high $400s and stabilize for a few months. Then, good news arrives in the form of increased adoption, beginning the next leg up.
The 'bubble' will not end with a bust, it'll end just like the previous two 'bubbles': more adoption, better fundamentals, better liquidity.
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