Predictions for the next bubble - page 3.

superduh

hero member

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Quote from: BubbleBoy on May 09, 2013, 08:00:47 AM

You are confusing the genius and highly successful bitcoin cryptocurrency design with the obnoxious anarcho-libertard crowd that pushes the current chain as an investment and get rich quick scheme. I will continue to inhabit these forums because I'm a crypto and economics geek, and simply ignore the fools.

As for "investing", I rode the bubble on it's upside, then shorted like a boss from 150 down. And I'm gonna keep shorting until the price hits 2-3x it's winter value. Now that's what I call a profitable bubble !

every single "bear" rode the bubble up and shorted at the correct time. it's amazing at how they all get the timing perfectly right

ineededausername

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Activity: 784

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bitcoin hundred-aire

Quote from: BubbleBoy on May 09, 2013, 03:38:12 AM

Never. The bitcoin experiment has ran it's course and will be replaced by better, more scalable, more stable, faster cryptocurrencies. Those left holding bitcoins into 2015 waiting for the next bubble will be the last suckers standing.

Quote from: BubbleBoy on October 19, 2011, 10:46:29 AM

Quote from: cypherdoc on October 19, 2011, 09:30:02 AM

it could take less than another 6 mo for you to be eating your words.

Bitcoin is not going anywhere because it's economically and technically flawed. That being said, a new bubble can very well re-emerge after the current one cools-off, successive bubbles are historically documented. The bubbly appeal is certainly still there: revolutionary, this time is different, game changer, paradigm shift etc. Maybe we can see re-ignition in the pennies range, 0-20c, but that price will not be hit very soon, judging by the subjective interest I see a bull trap is long overdue.

However a second bubble with gentler slopes will not in any case comfort the owners of the 1 million or so coins sold in the 15 - 30$ range. Those are millions of dollars of wealth destroyed through mining overvalued bits, and millions of dollars into the pockets of a hand full of "early adopters" pushing the scheme.

Not going anywhere, gonna die any day now Roll Eyes

wonkytonky

sr. member

Activity: 411

Merit: 250

Quote from: ThatDGuy on May 09, 2013, 10:34:24 AM

Quote from: BTC Books on May 09, 2013, 01:06:45 AM

Everything is faster...

22 months between June '11 and April '13.

I'll go with somewhere around six to nine months for the next.

This. A lot of people with vested interest made a lot of money during the most recent one, and it drew a significant amount of interest in the process. Improvements in the infrastructure and lowering barriers for entry from fiat and back would go a long way.

this.

i'm sitting here with 10x the money i started with (.. ready to buy in again.. i'm in for the long run.. .. meanwhile bringing more sepa over to bitcion and slowly bying up more

) ..

ThatDGuy

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Activity: 728

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Quote from: BTC Books on May 09, 2013, 01:06:45 AM

Everything is faster...

22 months between June '11 and April '13.

I'll go with somewhere around six to nine months for the next.

This. A lot of people with vested interest made a lot of money during the most recent one, and it drew a significant amount of interest in the process. Improvements in the infrastructure and lowering barriers for entry from fiat and back would go a long way.

BubbleBoy

sr. member

Activity: 504

Merit: 250

You are confusing the genius and highly successful bitcoin cryptocurrency design with the obnoxious anarcho-libertard crowd that pushes the current chain as an investment and get rich quick scheme. I will continue to inhabit these forums because I'm a crypto and economics geek, and simply ignore the fools.

As for "investing", I rode the bubble on it's upside, then shorted like a boss from 150 down. And I'm gonna keep shorting until the price hits 2-3x it's winter value. Now that's what I call a profitable bubble !

superduh

hero member

Activity: 602

Merit: 500

Quote from: BubbleBoy on May 09, 2013, 03:38:12 AM

Never. The bitcoin experiment has ran it's course and will be replaced by better, more scalable, more stable, faster cryptocurrencies. Those left holding bitcoins into 2015 waiting for the next bubble will be the last suckers standing.

yes, you are correct. you should move unto a different board since you are obviously done with bitcoins

BubbleBoy

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Activity: 504

Merit: 250

Never. The bitcoin experiment has ran it's course and will be replaced by better, more scalable, more stable, faster cryptocurrencies. Those left holding bitcoins into 2015 waiting for the next bubble will be the last suckers standing.

WackyWilly

newbie

Activity: 58

Merit: 0

There is no way of telling. It may happen, or it may not happen for 10 years. Actually, after fiercly hitting $80 once more (a re-test, and not breaking it) we MIGHT just go back to a second parabolic event right away. I'm not looking at that as my no.1 scenario though, but it could still happen. These are the levels I am watching within the big picture: https://bitcointalksearch.org/topic/my-take-long-term-levels-197820 .

In all: there is just no way of telling which side this market will break out to, and certainly no way of telling when the next bubble will come around.
I will just look at what the charts are telling me.

Zaih

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3 months.. Grin

doyourduty

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there is a lot of money on the sidelines that is just itching to get back in when the market gives a clear trend up. however, this doesn't consider the psychology of emerging markets which have seen the previous highs and see the current prices as a steal.

id say the end of this week is the bottom and we will see a $20-30 jump next week.

new high in july

next peak in the winter shopping craze as more people use it as a payment system and gifts

superkawaii

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Activity: 72

Merit: 10

Quote from: ineededausername on May 08, 2013, 11:44:51 PM

I wonder where the next peak will be. $1000, $10000, $100000?

ha that is an interesting question and worthy of a thread xD

BTC Books

member

Activity: 84

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Everything is faster...

22 months between June '11 and April '13.

I'll go with somewhere around six to nine months for the next.

notme

legendary

Activity: 1904

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Quote from: Quantum_Negatum on May 08, 2013, 08:23:12 PM

Whenever the bots decide to create another one.

lol

bubbles happen because of human emotion and psychology, not logical programs

amencon

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Activity: 410

Merit: 250

I think it'll take awhile for investors to forget the last crash as they will likely sell into rallies more readily than before. It seems possible that once investors start feeling comfortable and new investors enter the market again the VC money being poured into BTC businesses will start to bear fruit and trigger another strong build up in price. That's my bullish hope at least, so I'll say 3-6 month range?

ineededausername

hero member

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bitcoin hundred-aire

I wonder where the next peak will be. $1000, $10000, $100000?

SlipperySlope

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Stephen Reed

Bubble 1 peaked June 8, 2011. Bubble 2 peaked April 10, 2013. 1 year, 10 months, 2 days separate these first two bitcoin bubbles.

Therefore I extrapolate from that evidence to predict that bitcoin bubble 3 will arrive in 672 days ...

Wednesday, February 11, 2015.

Frozenlock

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Activity: 434

Merit: 250

We are still in the first bubble! Wake up sheeple!

ShaunOfTheLive

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2 years. 2011, 2013, 2015. Bubbles like odd years. Trust me, I'm a financiologist.

evolve

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daytrader/superhero

1-3 years.

Or more.

....maybe less.

Cheesy

MAbtc

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Merit: 508

We'll see after this bubble is finished.

Topic: Predictions for the next bubble - page 3. (Read 4933 times)