Topic: The next bubble could well surprise even the early traders... - page 3. (Read 5729 times)

Agree, but that may happen only after ETF really materialise, that is... when?
Well, to me it looks that we will see a lot of positive events and developments shortly before the next halving event. That is, more or less one year from now.

Because

Apparently, there aren't many people in this world that believes in bitcoin's potential. As history is stating, the majority of the people in the world tend to follow their "leaders" and those people who are deemed as their "model", same as to what is happening in the financial and economic sector. Most people wouldn't risk their money if they do not have enough knowledge and the guts to take the risks and accept losses whenever they fail. They tend to follow a successful man rather than shape their own future. And guess who are the successful entities that I'm talking about? They are the risk-takers. Bitcoin has a lot of potential; it's just that people aren't seeing it, still sticking to fiat and believing that it could do them good. But once the "successful ones" entered the bitcoin scheme, majority of the people who wants to be successful will soon follow their footsteps.

A nice insight. During the ath at Nov. 2013, only a few people all over the world knew about this bitcoin thing. When the price skyrocketed, many people--particularly those who thought of bitcoin as a legitimate 'get-rich-quick' scheme'--entered the scene and thus add to the buying and selling force. Some who faced losses in buying bitcoins left the markets, but most of them don't, and stayed. The point is there are more users who might add up to the buying force in the market once another bubble occurs. If the Wall Street and other major players in the economic scene invested in bitcoin, then people who are looking for an opportunity to get some hefty profit may (or may not) invest into bitcoins as well. Seeing that most of the major financial institutions are also invested, they might feel safe in having this investment. As a result, the graphs will see a horizontal uptrend, but no one will be accused of manipulation because, well, there are many people who are willing to buy bitcoins at any given price. The bubble could explode any time, but the cycle could be easily repeated because there are many people who might support the next bubble. Well if another bubble will happen, I can at least say that it will be bigger this time, given that the exposure bitcoin gained over the past years is higher compared to what it had om 2009-2013.

what's the point of waiting when you can enter now at $250 instead of buying bitcoin once a bubble is in the making.
people will end up buying at much higher price. best is buy now and be ready for it once it happens.

Still there are enough people who are willing to invest in this risky asset (obviously). With better ETFs and investment vehicles, investors on Wall Street may be very willing to give our little golden coin a shot!

Most subtle trolling I've read in the last week here. Great job! 

Oh my god thank you so much! I have never seen such concrete and unarguable proofs in my life! This is without a doubt the truth.

The bottom is in at 152$, trust me. At least 2 people have confirmed it as this number appeared in their dreams prior to the actual manifestation of the bottom itself.

ok, but wait a second. The same people waiting on the sidelines are reading every day the news about another exchange biting the dust. I wouldn't over-estimate the number of people who want to get into Bitcoin, just based on (the sentiment on) this forum. But in the end I agree, Bitcoin has big potential for the upside, provided all the 'smoke news' about the ETF materialise. Then it can go quite quickly.

A government will not give up printed money that easy. Ukraine, Greece - yes, there's a tiny chance there. The only real luck can be with China, which will buy any possible means of assets possible, Bitcoin included.
But they may be already "full".


Yes. We may be close to the true bottom or we may have reached it and now being in the "stable" area. But the stable area needs some time the investors gain trust in Bitcoin again after some got goxxed big time. And the stable area may not be breached (upwards) this year.

Careful, people will tell you that this was due to the Willy and Markus bots by Gox. Could be, could not be. That being said, even if we factor out both bubbles of 2013, we're not back on the long-term exponential curve.

they said the same thing before the 1200 peak, bitcoin was stuck at 100 dollars, then boom, 1200 in a few moments

x12 increase, 15k i might agree that it is out of range for now but 2k is achievable

You do realize that we're in a phase of finding the true bottom and are struggling to achieve a breakout off the 15-month bear market(!!!) If the turnaround has been confirmed, we will go up. Big time.

guess what, if 1 unique country (ireland, island) convert 50% of his currency to use a "stable" value ... but if they can't buy gold (because of the russia and china buyers) ?

they choose bitcoin instead.

While bitcoin is not able to break the 300$ barrier, dreaming of 2000$ and 15000$ is.. lovely 

But my guts tell me that (though not impossible to reach!) those figures will still wait quite a few more months.

Yeah, I think one of the biggest advantages we now have may be the sheer mass of people with a lot of money lying around watching Bitcoin to see if it bubbles again at some point. If it does, they will enter. Just wait for a trend-reversal...

people who sell at $2000 will be shocked when we hit $15000

I think this "unstable" trollish behavior is primarily those who either missed the boat at single/double digits, sold too early or lost their coin somehow and now are angry and bitter, or can't afford much and see it as an opportunity to better their economic status. Some are trading, talking their books, risking what they already have to make more. Some are simply angry and jealous. Their emotions reflect that they are (or were) invested somehow.

Overall I get the sense that most here are self-interested, trying to increase their stash of a very limited and soon-to-be more expensive digitally-limited commodity.

We're near the bottom of a market cycle that plays out over years, so it is very difficult for many to take a longer-term view. I do think the market will turn around this year, either gradually or violently, which will help sentiment a lot but unfortunately draw in many new users looking to get rich, probably more so than 2013 given Bitcoin's increased publicity. Those that buy near the top will become future weak hands that will drive the subsequent and unavoidable bear market. Those few that stuck out the bear market will now be in a much stronger position. Exciting times if it happens.

People seem to be unstable emotionally, at least the most of these that are posting in the speculation sub-forum. Every single day there is a new thread about either going to the moon, or going down to double digit, and then people are 'disappointed' when some healthy horizontal trend happens. It will be boring for the next month or two, nothing bad about it. Patience is the key!