Topic: Predictions for the next bubble - page 2. (Read 4933 times)

Perhaps it already has.  e.g. Litecoin

It's not in any way a foregone conclusion that Bitcoin will fail. Bitcoin could evolve into it's own replacement.

That's up to the dev team though.

This.  BTC got millions of people thinking about cryptocurrencies.  In that respect, it was a resounding success.  However, I agree that it will be replaced within a few years.  I'm not sure what will take its place, but it will feature more de-centralization, less susceptibility to KP injections and 51% attacks, and (most importantly) will be readily convertible to some useful form to give it a minimum level of value.  Currently, it requires more faith than fiat.  Time will tell.

THIS

Since the bubble burst, we are in a long term bear market, ending with bitcoin eventually going to $0. Any short term rallies from here on are bear traps, beware!

My view is with BubbleBoy, the bubble has burst and is not coming back. Sorry guys. Anyone who bought high and is waiting, reduce your holdings dramatically now whilst we are in a short term bull market.

Bitcoin has had it's glory days. It will be replaced by something.

Once again we are in a bear market now. I predict further price declines over the coming weeks and monrths with the price eventually falling below $50 and eventually to $0. However, keep watching the cryptocurrency space for something better to emerge. Bitcoin has led the path to the future, but the future will not be bitcoin.

The "bubble" I.E uptrend will resume within 96 hrs. That's my speculative prediction

Sorry, but IMO you're wrong... the alt crypto currencies won't get too far....
I'm yet to hear about ripple or LTC on TV! much less the other ones...

That's what everyone was saying when it was going parabolic on the way to $266.

Never say never, this is Bitcoin.

This is not a bubble...  266 was a bubble, that went down to 55, then 160 and back down to 79... next bubble might hit $200 and then back down to $100 sometime in July.... the patterns are there for whoever wants to be objective. I laugh at the people that want to see $40 again...

Its said the markets move by fear and greed. Given that the last bubble popped when mtgox had issues (greed turning into fear of losing money), my guess is whenever the price rises significantly again and get greedy.... I say itll take around 9 months.

My hobby: extrapolation

http://xkcd.com/605/

If it's anytime before the next reward halving, I couldn't see $10,000.  We would need some very strong news even to get near $1,000 right now, which is still a possibility.

To correctly ride the bubble on the upside I should have invested 100K last year and extract a few million dollars last month. Of course I did not do that, I only invested petty change in what I saw and still see as a high risk greater fool game. That being said, I'm happy with my analysis since 99 times out of 100 it will me keep from losing my shirt in shady investments. The bitcoin billionaires are exactly the type of suckers who usually fall for these schemes and they have little merit of being among the first suckers to head about bitcoin. Their long term success is completely dependent on the supply of future suckers.

To ride the bubble on the down slope there's no precise timing required: wait for the burst and a suckers rally, like that peaked on 160, short and hold for a few months. I can't daytrade and profit from the high volatility, but I'm pretty sure a few months from now the price will be much lower than 150$ where I shorted. Easy money.

@ineededausername: I see you found an older prediction of mine anticipating another bubble. So I'm the only poster in this thread that actually predicted something. So believe me when I tell you that this time really is different: due to significant competition and innovation spurred by Bitcoin's success, we will not see another bubble into 2015. XRP, Litecoin and many other improved currencies that are to be released in the immediate future will take care of that.

And by the way, I still don't think we're in a bubble. Just huge correction. If another 6 weeks will pass and stil downtrend, I'll accept the bubble theory. Until then, no way.

Interesting opinion. But if Spain enters crisis, so will the rest of PIGS. I think Greece will be first...

I think when the next big bankruptcy in the Eurozone happens, will see another bubble. It won't be a speculation-based bubble but more just a rapid increase in value, correcting to the next new plateau for BTC.

Hmm gonna say Spain will be the next big domino to fall in the completely unsustainable continued transfer of wealth from government social spending & taxes to the banking cartels. Gonna say Spain will be taking out further loans they can't pay, in August or September, around the that time the ASIC wave will hit, also really adding to the strength BTC.

short version:

Late August. BTC will go to 330 - 375 peak, will then go down to steady around 245 - 260, and will stabilize here on in to a steady incline up until start of 2014.

My guess would be anywhere from 6 to 18 months, peaking at anywhere from $500 to $1,500 USD.  With a crash to a bottom value of anywhere from $200-600.

And singe digit difficulty also , because all miners will turn off their rigs at this price.

We will revisit double digits within this month and single digit next month.

About 6 months, but I don't think it will be a bubble.  Near the end of the year we will see another massive uptick in the exchange rate, but it will hold.   

EARTHQUAKE.... ... ... aftershock!

Bubbles not over, still experiencing aftershocks.