Bitcoin doesn't crash; there are only corrections. 
Growth spurts and associated growing pains.
Minor bends and twists on the road to glory.
The scenic route.
Pit stops on the way to the promise land.
Topic: So when's the crash? (Read 10805 times)
Growth spurts and associated growing pains.
Minor bends and twists on the road to glory.
The scenic route.
Pit stops on the way to the promise land.
Bitcoin doesn't crash; there are only corrections.
Growth spurts and associated growing pains.
Minor bends and twists on the road to glory.
The scenic route.
Pit stops on the way to the promise land.
Bitcoin doesn't crash; there are only corrections.
Growth spurts and associated growing pains.
Minor bends and twists on the road to glory.
The scenic route.
Bitcoin doesn't crash; there are only corrections.
Growth spurts and associated growing pains.
Minor bends and twists on the road to glory.
Bitcoin doesn't crash; there are only corrections.
Growth spurts and associated growing pains.
Bitcoin doesn't crash; there are only corrections.
One thing i noticed about ripples is that they don't rise and fall with Bitcoin like the other alt coins.
cuz they are not mined and are not traded by miners for BTC, same with NXT
Ripple and NXT are digital currency but a completely different business model. Original investors own all the coins and trickle them into the market to pump the price up before they sell to pay for their initial investment and a few extra million.
small correction coming on the short-term... if the newb traders who pushed us above the trendline are panicky enough it could turn into another capitulation event.
Wait for the blockchain to fork again.
Then there will be a crash.
Then there will be a crash.
just asking: So, when's the crash?
There'll be one in 2016 
just asking: So, when's the crash?
Two weeks.
just asking: So, when's the crash?
One thing i noticed about ripples is that they don't rise and fall with Bitcoin like the other alt coins.
For a real contender, if it works as advertised, look at Ripple.
So how many RippleCoins do you own?
I'll lend you my 50k if you pay a decent interest.
For a real contender, if it works as advertised, look at Ripple.
So how many RippleCoins do you own?
I wouldn't advise anyone to pay any money for them, OpenCoin claims they will distribute all within 2 years, so it's going to get flooded and you'll be able to get them for free, like here: https://bitcointalksearch.org/topic/ripple-giveaway-145506
My point was only that it appears to be a good system if it works under stress. There's no mining and transactions are instantaneous. If there is anything to compete meaningfully, I don't think it will be Litecoins and xyzcoin but Ripples because it's a completely different system.
For a real contender, if it works as advertised, look at Ripple.
So how many RippleCoins do you own?
The real problem is, we can never be sure that Bitcoin will have another bubble at all.
When enough new, inexperienced speculators come into the market, we will see another bubble.
I don't know whether it can survive the bear market with its position as Digital Cash #1 with things like altcoin competition (Litecoin is coming to MtGox, and Ripple might be a true future competitor) and problems like the block size limit. Thoughts?
That may be impossible to predict. Usually the first comer garners a natural monopoly. That is why there is only one big eBay, only one big PayPal, only one big Facebook, only one big Google. Of course these don't stay natural monopolies forever, but usually they can cling to their position for many years.
That said, if a new digital currency comes along that has at least one clear and important advantage over bitcoin, then things may change.
There's already been a tonne of crashes, which have all led to the coin going back up. There's obviously sufficient people who have faith in Bitcoin to not let it fall. It's safe to say this our new price Well I feel this way at least.
Well I feel this way at least.If bitcoin does not fail and is not superseded, then you will be right in the long run. The typical speculator is looking at shorter-term price movements though, and here we have a high probability of the price generally moving downward during the months after a burst bubble, with interspersed bull traps.
There's already been a tonne of crashes, which have all led to the coin going back up. There's obviously sufficient people who have faith in Bitcoin to not let it fall. It's safe to say this our new price Well I feel this way at least.
Well I feel this way at least. 
i dont really see ripple as a competitor because it requires btc to operate, no?
Ripple will work fine with any currency.
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