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Topic: The Bitcoin Bubble of 2015! (Read 3732 times)

newbie
Activity: 56
Merit: 0
April 09, 2013, 12:06:22 PM
#38
"good money drives out bad money" or something like that...

Actually, it's the other way around.
newbie
Activity: 59
Merit: 0
April 09, 2013, 11:36:36 AM
#37
Where can I use my bitcoins on a hooker?

~0.75BTC / hour
PM me...

That's gonna be a pretty high price in a few days' time  Grin
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
April 09, 2013, 11:26:53 AM
#36
Where can I use my bitcoins on a hooker?

~0.75BTC / hour
PM me...
hero member
Activity: 602
Merit: 508
April 09, 2013, 10:47:38 AM
#35
I really thought about 50 €. If the rate does not stop to grow, I could pay out my 50€ later. If I lose 50€ it would not hurt too much. But still afraid that the melting point is reached until the weekend.  Grin

I'm sitting with 2.5 btc and thinking about buying another 0.5 with the last funds that I can spare. It's not fun being poor and late to the party, like we both are. But you can earn back €50 easily whether it crashes or not. It's not like you'd be out on the street. Speaking for myself, I went in at $140 simply because I knew I'd regret it more if I didn't, no matter the outcome.

True... my 50€ are rather savings and would be in next month because of the job. The ugly thing is that the rate grows faster then we can think about our decision to spend a few bugs Cheesy But I wil make a decision today I guess.

The "it is a bubble" and the "It wont stop growing" factions in the forums just confuse me. My brain is like forth and back after reading many topics here.
full member
Activity: 154
Merit: 100
April 09, 2013, 10:34:55 AM
#34
I really thought about 50 €. If the rate does not stop to grow, I could pay out my 50€ later. If I lose 50€ it would not hurt too much. But still afraid that the melting point is reached until the weekend.  Grin

I'm sitting with 2.5 btc and thinking about buying another 0.5 with the last funds that I can spare. It's not fun being poor and late to the party, like we both are. But you can earn back €50 easily whether it crashes or not. It's not like you'd be out on the street. Speaking for myself, I went in at $140 simply because I knew I'd regret it more if I didn't, no matter the outcome.
hero member
Activity: 602
Merit: 508
April 09, 2013, 10:20:30 AM
#33
The Dow Jones had a big rally in 2007. When the housing bubble burst, I saw a lot of broke and sad people. Some committed suicide...

But look on the bright side- bubbles come and go- DJ is again in the same levels as the beginning of 2007.

Bitcoin will burst, fall and then shoot up again way past $200.

Your greed sees in the short-term. Wisdom sees in the long run.

Your story is my master plan. I am too late to afford any bitcoins apart from the 0.16 I own. But after the big crash I am in the game and buy several coins and watch the numbers climb to $200 again.  Grin
Keep dreaming. How can you not panic buy?

First because the bubble will explode next week, second because if not.. then there seems to be potential that I can even get rich with my 0.16 b in the next years. And third.. as said I can´t afford to panic buy at a price of $200 per coin Wink I am just a german poor men under angela merkels dictatorship. They milk us here pretty much so that there is not much place for aggressive speculation Cheesy
Man, you don't need to buy 1 btc, try to put in like 50€ at a time, or less. Start doing things, like handmade shit, and sell it for btc  Wink

I really thought about 50 €. If the rate does not stop to grow, I could pay out my 50€ later. If I lose 50€ it would not hurt too much. But still afraid that the melting point is reached until the weekend.  Grin
full member
Activity: 224
Merit: 100
DigiByte Founder
April 09, 2013, 09:28:11 AM
#32
Why is it a bubble and not an unprecedented hyper-monetization event?

The world has never seen anything like Bitcoin before. Don't be so sure you can compare it to tulips and houses. Try actually comparing the fundamentals of housing and tulips to bitcoins... You will realize how stupid you are being.

+1 For the sexiest play on word by chick in Bitcoin that knows her shiit! Smiley lol!
sr. member
Activity: 448
Merit: 250
April 09, 2013, 09:22:11 AM
#31
Why is it a bubble and not an unprecedented hyper-monetization event?

The world has never seen anything like Bitcoin before. Don't be so sure you can compare it to tulips and houses. Try actually comparing the fundamentals of housing and tulips to bitcoins... You will realize how stupid you are being.
full member
Activity: 126
Merit: 100
April 09, 2013, 08:35:15 AM
#30
The Dow Jones had a big rally in 2007. When the housing bubble burst, I saw a lot of broke and sad people. Some committed suicide...

But look on the bright side- bubbles come and go- DJ is again in the same levels as the beginning of 2007.

Bitcoin will burst, fall and then shoot up again way past $200.

Your greed sees in the short-term. Wisdom sees in the long run.

Your story is my master plan. I am too late to afford any bitcoins apart from the 0.16 I own. But after the big crash I am in the game and buy several coins and watch the numbers climb to $200 again.  Grin
Keep dreaming. How can you not panic buy?

First because the bubble will explode next week, second because if not.. then there seems to be potential that I can even get rich with my 0.16 b in the next years. And third.. as said I can´t afford to panic buy at a price of $200 per coin Wink I am just a german poor men under angela merkels dictatorship. They milk us here pretty much so that there is not much place for aggressive speculation Cheesy
Man, you don't need to buy 1 btc, try to put in like 50€ at a time, or less. Start doing things, like handmade shit, and sell it for btc  Wink
hero member
Activity: 602
Merit: 508
April 09, 2013, 08:30:48 AM
#29
The Dow Jones had a big rally in 2007. When the housing bubble burst, I saw a lot of broke and sad people. Some committed suicide...

But look on the bright side- bubbles come and go- DJ is again in the same levels as the beginning of 2007.

Bitcoin will burst, fall and then shoot up again way past $200.

Your greed sees in the short-term. Wisdom sees in the long run.

Your story is my master plan. I am too late to afford any bitcoins apart from the 0.16 I own. But after the big crash I am in the game and buy several coins and watch the numbers climb to $200 again.  Grin
Keep dreaming. How can you not panic buy?

First because the bubble will explode next week, second because if not.. then there seems to be potential that I can even get rich with my 0.16 b in the next years. And third.. as said I can´t afford to panic buy at a price of $200 per coin Wink I am just a german poor men under angela merkels dictatorship. They milk us here pretty much so that there is not much place for aggressive speculation Cheesy
newbie
Activity: 59
Merit: 0
April 09, 2013, 07:48:15 AM
#28
The Dow Jones had a big rally in 2007. When the housing bubble burst, I saw a lot of broke and sad people. Some committed suicide...

But look on the bright side- bubbles come and go- DJ is again in the same levels as the beginning of 2007.

Bitcoin will burst, fall and then shoot up again way past $200.

Your greed sees in the short-term. Wisdom sees in the long run.

Your story is my master plan. I am too late to afford any bitcoins apart from the 0.16 I own. But after the big crash I am in the game and buy several coins and watch the numbers climb to $200 again.  Grin
Keep dreaming. How can you not panic buy?
Yeah, what a shame  Grin
full member
Activity: 126
Merit: 100
April 09, 2013, 07:41:57 AM
#27
The Dow Jones had a big rally in 2007. When the housing bubble burst, I saw a lot of broke and sad people. Some committed suicide...

But look on the bright side- bubbles come and go- DJ is again in the same levels as the beginning of 2007.

Bitcoin will burst, fall and then shoot up again way past $200.

Your greed sees in the short-term. Wisdom sees in the long run.

Your story is my master plan. I am too late to afford any bitcoins apart from the 0.16 I own. But after the big crash I am in the game and buy several coins and watch the numbers climb to $200 again.  Grin
Keep dreaming. How can you not panic buy?
hero member
Activity: 602
Merit: 508
April 09, 2013, 06:29:53 AM
#26
The Dow Jones had a big rally in 2007. When the housing bubble burst, I saw a lot of broke and sad people. Some committed suicide...

But look on the bright side- bubbles come and go- DJ is again in the same levels as the beginning of 2007.

Bitcoin will burst, fall and then shoot up again way past $200.

Your greed sees in the short-term. Wisdom sees in the long run.

Your story is my master plan. I am too late to afford any bitcoins apart from the 0.16 I own. But after the big crash I am in the game and buy several coins and watch the numbers climb to $200 again.  Grin
newbie
Activity: 59
Merit: 0
April 09, 2013, 06:01:14 AM
#25
The Dow Jones had a big rally in 2007. When the housing bubble burst, I saw a lot of broke and sad people. Some committed suicide...

But look on the bright side- bubbles come and go- DJ is again in the same levels as the beginning of 2007.

Bitcoin will burst, fall and then shoot up again way past $200.

Your greed sees in the short-term. Wisdom sees in the long run.
newbie
Activity: 42
Merit: 0
April 09, 2013, 05:23:16 AM
#24
Where can I use my bitcoins on a hooker?
newbie
Activity: 32
Merit: 0
April 08, 2013, 11:46:39 PM
#22

So much win in this picture.

I just saw the bull and everyone, scrolled over and started laughing.

Thank you for that picture Adam.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
April 08, 2013, 11:27:07 PM
#21
They could but they won't Wink

It's one thing to mine, speculate or invest some play money, it's other to run daily small business on speculation how much your good are going to be worth in 10 minutes.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
April 08, 2013, 11:22:36 PM
#20
Bitcoin can be massively adopted only when it would have some price stability.

No chance we'll see people spending lot of their bitcoins because they hope it's value will rise and no chance we'll see merchants massively accepting bitcoins when there is a constant fear of bubble and crash.

It's simple as that, some tech internet companies might adapt it but until bitcoins stop to be hugely speculative stuff there'll be no mass adoption.
How do you define mass adoption? People spending their BTC? Or people hoarding their BTC? Still mass adoption of the coin either way. And as all the data suggests do to bank account confiscations and precious metal confiscations now occurring in Europe there is a flood of people adopting BTC.

I define it the mass adoption as OP said it - paying pizza with it, pizzerias paying suppliers, they paying their suppliers etc..

No chance those kind of businesses are going to massively adapt bitcoins unless it's tied with fiat value. Supplier doesn't want to sell his good to pizzeria just to find that bitcoin went 15% down while he was driving back what would eat all his profit on that transaction.

they can all use bitpay and secure their earning in USD at the time of the TX, wont make a difference, its still going to snowball!

"good money drives out bad money" or something like that...
legendary
Activity: 2772
Merit: 1028
Duelbits.com
April 08, 2013, 11:17:44 PM
#19
Bitcoin can be massively adopted only when it would have some price stability.

No chance we'll see people spending lot of their bitcoins because they hope it's value will rise and no chance we'll see merchants massively accepting bitcoins when there is a constant fear of bubble and crash.

It's simple as that, some tech internet companies might adapt it but until bitcoins stop to be hugely speculative stuff there'll be no mass adoption.
How do you define mass adoption? People spending their BTC? Or people hoarding their BTC? Still mass adoption of the coin either way. And as all the data suggests do to bank account confiscations and precious metal confiscations now occurring in Europe there is a flood of people adopting BTC.

I define it the mass adoption as OP said it - paying pizza with it, pizzerias paying suppliers, they paying their suppliers etc..

No chance those kind of businesses are going to massively adapt bitcoins unless it's tied with fiat value. Supplier doesn't want to sell his good to pizzeria just to find that bitcoin went 15% down while he was driving back what would eat all his profit on that transaction.
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