What will the next BTC bubble be... (after this pops)

azguard

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Quote from: ubitcoin on June 26, 2017, 02:48:14 AM

Quote from: pooya87 on June 21, 2017, 11:37:41 PM

there is no bubble and even if there were it has already popped with the latest big drop down and price now is at a very nice correction.
and in the future even if price goes down it is not because of existence of a bubble, it will be because of hundred other reasons (mostly drama and political)!

Yes, I agree many people called it a bubble when the BTC price reached $2900 before the recent price drop and if it was a bubble the price would have taken a longer time to stable again and is progressing with crossing $2700. This increase of the price shows the strength of bitcoin.

We are gonna experience the real bubble for upcoming month. It will not be big but it will be good one, maybe it wont be like it was in May when i really didnt think price can go so fast that high. But think that when activation of segwit occur we will see real bubble in motion.

BartS

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Quote from: Mikcik on June 21, 2017, 06:46:53 AM

So we are most likely on a bubble (but i believe we are going higher). And please dont be stupid and dont tell me we are not in a bubble. We are... My believe is that once it pops (my estimate is that it will go to something around 3500 or even higher). Poeple said 5000 i dont know about that. My amateurish expecatation is pop at 3500 (or even higher because of sgwit) and then crash (dont know how low, i would hope for 1300) and then stabilize around 1800-2200 range for several months (i hope not few years :-D :-( ).

My question aims even further- what will the next bubble after this one be? What will be the reason to push BTC (little) over 10 000 USD per BTC in the next dew years?
My tip is the "collapse" of EU or some countries within EU (European Union) and the flight of money out of the country (i dont believe USD will collapse anytime soon (i used to believe it few years back, but im out of this mindset)?

What will the reason behind the next BTC bubble be?

It seems the bubble is bursting already at the moment, so to me this is as far as it will go at the moment, the next big thing could come very quickly if we get segwit activated and I think bitcoin could reach up to 5000 dollars in that instance only to go back to 4000 at the end of the bubble.

ubitcoin

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Quote from: pooya87 on June 21, 2017, 11:37:41 PM

there is no bubble and even if there were it has already popped with the latest big drop down and price now is at a very nice correction.
and in the future even if price goes down it is not because of existence of a bubble, it will be because of hundred other reasons (mostly drama and political)!

Yes, I agree many people called it a bubble when the BTC price reached $2900 before the recent price drop and if it was a bubble the price would have taken a longer time to stable again and is progressing with crossing $2700. This increase of the price shows the strength of bitcoin.

2double0

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Both the sides whether good or bad are fighting hard over this topic whether we are currently in a bubble or not, I can only say that time will let everyone know about this so we should stop speculating too much over this.
About the bubble part, IMHO I really don't think that this is a bubble because when alts are gaining too much because of their usage as well as different implementations like segwit and PoS strategy, why not Bitcoin deserve to be on such higher prices? Why are we talking about burst here when a bubble isn't there? Times are different now as lots of users are being added to cryptonomic world daily and they are not stupid who are buying Bitcoins at such high rates and Btc is even getting sold at extremely premium rates in many countries, are they getting in just for profits?

PokerFace3

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Quote from: azguard on June 23, 2017, 07:04:19 AM

With everything in motion set for bitcoin, any price is achievable any time now. Think that stable price after activation will be around 3500 dollar per one Bitcoin, after everything goes well with implementation of segwit. Im positive on this cuz I expect same effect as seen in Litecoin, so I dont expect for price to go down just up.

Also will this effect some alts in price, yes I believe so and expect this to happen.

This is good to find you optimistic about bitcoin in future but the truth is that you have to be get ready for any type of the situation. To be very honest I am very much confused at the moment about the segwit stuff that what will be the result of it and how will it be impacting for the holders.

Recently I read an article about bitcoin bubbles, it explains the last stage of bubble for current season yet to happen. It means we may have another round of rally too.

freedomno1

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Learning the troll avoidance button :)

I would predict about 3X the current peak in USD of 3K so we would be nearing the 10,000 dollar a coin after this bubble pops.
With some serious movement from the 5 to 7k range then a push towards that point.
That said after the correction the price may well just get stuck at 4 to 5 K and stay there until the next rally that pushes it even larger than 10K.
(Or it could be fundamentals we will know in August how sentiment goes)

freebutcaged

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Mate when bubbles pop usually prices go down instead of going up, seems like you want it to crash and at the same time you want it to rise.

What kind of a sick and twisted mind do you have? important thing in Bitcoin community is the support, when we have the full support of almost

Everyone I don't think we would be in need of anything else, as long as people have faith we're OK. however if you have noticed it miners started

To show some signs of improvement, I have been transacting for a week now with fees lower than 100 sats/B and 10-15 mins confirmation intervals.

It was about time they feel threatened by other altcoins.

AK47-

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I don't think we are in a bubble now. We were before but that pops out and we again gain a momentum. But even if we are, that should not matter. We should keep a long term view for bitcoin. Whatever happens in short term should not be considered. Because I know whatever happens we ll have a good profit by the end of this year. These short term pumps and dumps shouldn't be paid attention.

BitHodler

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Quote from: TetraFugolini on June 24, 2017, 07:16:18 AM

I think ethereum is in a bubble. Look at all those ICOs raising millions for nothing.

Ethereum's recent increase to current levels perfectly examples what a real bubble looks like.

I seriously keep thinking how anyone could actually spend +$300 (it peaked at +$400) on a coin that is nothing more than the next big centralized money vanishing garbage.

I think Vitalik and his fellow major share holders are celebrating big time as they by value of their holdings can properly call themselves billionaires right now ~ what a joke.

Amph

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this won't pops, because it's already happened, remember $2500 retreat to $2000 or so, that was the dumping, now again in the same range, there will be another one of this bubble and then another retreat

and for every new one the bottom will be higher, this is how you build the future value

warwar

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Quote from: TetraFugolini on June 24, 2017, 07:16:18 AM

I think ethereum is in a bubble. Look at all those ICOs raising millions for nothing.

ETH really in bubbles right now. Price is really increasing everyday. Lucky to those people who bought it in a low price it is in real profit now. Because of the ico now a days it is based on the eth thats why it is gradually increasing.

ETH now is also best if you hold and spend it later in a year or more to earn profit. ETH now is compared with btc because of the price that is increasing and it could have a potential in the next btc in the future

TetraFugolini

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Linux Geek

I think ethereum is in a bubble. Look at all those ICOs raising millions for nothing.

cryptocratic

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Quote from: Mikcik on June 21, 2017, 06:46:53 AM

My question aims even further- what will the next bubble after this one be? What will be the reason to push BTC (little) over 10 000 USD per BTC in the next dew years?

Don't you consider first wether btc will remain in dominance?

BitcoinerXX

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you want to see where we are going, look at the price of GBTC, been trading at over 4k for a while now

buwaytress

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Join the world-leading crypto sportsbook NOW!

Bubble no bubble, doesn't change the long-term view that there will be inflations and deflations. However you see it, this is still an overheating but we can all gain from a lot of patience.

The time is now, never later, at least in our memory of years.

azguard

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With everything in motion set for bitcoin, any price is achievable any time now. Think that stable price after activation will be around 3500 dollar per one Bitcoin, after everything goes well with implementation of segwit. Im positive on this cuz I expect same effect as seen in Litecoin, so I dont expect for price to go down just up.

Also will this effect some alts in price, yes I believe so and expect this to happen.

Jherek

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Quote from: Mikcik on June 21, 2017, 06:46:53 AM

So we are most likely on a bubble (but i believe we are going higher). And please dont be stupid and dont tell me we are not in a bubble. We are... My believe is that once it pops (my estimate is that it will go to something around 3500 or even higher). Poeple said 5000 i dont know about that. My amateurish expecatation is pop at 3500 (or even higher because of sgwit) and then crash (dont know how low, i would hope for 1300) and then stabilize around 1800-2200 range for several months (i hope not few years :-D :-( ).

My question aims even further- what will the next bubble after this one be? What will be the reason to push BTC (little) over 10 000 USD per BTC in the next dew years?
My tip is the "collapse" of EU or some countries within EU (European Union) and the flight of money out of the country (i dont believe USD will collapse anytime soon (i used to believe it few years back, but im out of this mindset)?

What will the reason behind the next BTC bubble be?

First of all, yes. Bitcoin is definitely in a bubble right now, i don't think that it does any good to deny it. I've seen people trying to say that it's just volatility, but is that really true when the currency has appreciated from less than $400 to now, $2700 ish? I just don't think it is sustainable for bitcoin to continue this growth, no matter how good the technology is.

I would expect that when this one pops, the next bubble is going to come around 2020-ish. There are several key events that are happening in that year, the Tokyo olympics(as we all know, bitcoin is legalized in Japan just recently) and the bitcoin halving(which means that bitcoin becomes harder to mine).

$10,000 is entirely possible, in fact i would say extremely likely by 2021 which is in 4 years time.. As with EU, i think that when they do collapse, people will definitely look at bitcoin, if they take that onboard it'll drive the price up as well.

Oceat

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Quote from: Vishnu.Reang on June 21, 2017, 12:56:23 PM

In my opinion, the only bubble is with the altcoins. I believe that the Bitcoin is actually under-valued. So if the SegWit implementation goes ahead as planned, Bitcoin is going to hit $10,000 per coin without much trouble. The next real bubble may occur at $25,000.

If the SegWit implementation goes ahead, i think $10,000 is too much before bitcoin burst out to hit that price. People are still learning about the bitcoin before they want to buy it, i don't believe that high as much that more people will quickly learn about the bitcoin if it's new to them. But don't worry bitcoin will hit that price soon as long as more people is able to adopt bitcoin slowly.

BitcoinerXX

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Quote from: pooya87 on June 21, 2017, 11:37:41 PM

there is no bubble and even if there were it has already popped with the latest big drop down and price now is at a very nice correction.
and in the future even if price goes down it is not because of existence of a bubble, it will be because of hundred other reasons (mostly drama and political)!

if you lived through the 2013 bitcoin bubble then you know this aint no bubble

alt coins on the other hand are in a bubble

pooya87

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there is no bubble and even if there were it has already popped with the latest big drop down and price now is at a very nice correction.
and in the future even if price goes down it is not because of existence of a bubble, it will be because of hundred other reasons (mostly drama and political)!

Topic: What will the next BTC bubble be... (after this pops) (Read 1521 times)