So the question I have for everyone is are we really ready for another bubble? For those of you that have been through a rally before do you remember how addicted we became to the charts? Even more so than now, which can be hard to believe for some of us. And if you are anything like me, all I seemed to talk about day and night was Bitcoin. My kids would even say, "Stop talking about Bitcoin!" But the obsessiveness was because of the adrenalin rush of price increases every day, every hour and sometimes every minute! Hopefully I can remain more calm and less of an "addict" this time around. We will see. . .
I prefer a modest rise of 10% per week in the beginning of a new bubble, so we rise too fast. Wild guess: this time we first get a minibubble of say 2000 USD/B, after a pause of a month or so we get the real bubble.
How far does the real bubble go?
Initially, I had been thinking $2.5k to $5k; however, since we seemed to have been delayed a few extra months, I began to conjecture between $3k and $13k... mostly based on pent-up demand and the fact that there has been considerable more infrastructure built and additional easy abilities for big money to easily get in or out, in fairly short notice.
I agree, much pent-up demand. At least $10K.
You are predicting, more or less, mini-bubble in 2014, and then "real" bubble in early 2015?
