Topic: What will the next BTC bubble be... (after this pops) - page 2. (Read 1521 times)
I prefer to talk about an overbought price rather than a bubble. I don't believe this is a bubble since the price isn't extremely overbought till the extent of how various altcoins are pumped right now. I believe that once SegWit2X is fully operational, we will experience another bull run that will push the price possibly through the $4000 level. What comes after that is not something that has a lot importance right now, that's a concern for later....
Perhaps a major war in the middle east(Saudi Arabia,USA,Izrael vs.Iran,Turkey,Russia and Qatar) would cause the oil price and cryptocurrency prices to skyrocket.
Yes,we are in a bubble.Every financial asset price(and bitcoin looks more like a digital financial asset rather than a currency) in a market economy is a bubble.
When the demand for that asset decreases,the bubble bursts...
Italy would collapse,but i don`t think that the italians would start buying bitcoins like crazy...
Yes,we are in a bubble.Every financial asset price(and bitcoin looks more like a digital financial asset rather than a currency) in a market economy is a bubble.
When the demand for that asset decreases,the bubble bursts...
Italy would collapse,but i don`t think that the italians would start buying bitcoins like crazy...
why dont you think that a certain (small) portion of Italians would start buying BTC when italy would face bank collapse?
And why do you think that war in general (middle east) would drive the price of BTC yet...? There is no precedent for this yet? (or does gold go up in war time and thuis BTC should to)?
There've been bubbly moments, but I don't buy this as a bubble. Though valuations are high it's been fairly subdued and it doesn't look like there'll be much of a collapse beyond late $1000s. And these rises have been taking place over weeks, not a few days.
Alts are a different matter entirely. They're in a very empty and heady phase.
There doesn't need to be a reason for a bubble. When the news in the past has been consistently super positive the price carried on grinding down.
Alts are a different matter entirely. They're in a very empty and heady phase.
There doesn't need to be a reason for a bubble. When the news in the past has been consistently super positive the price carried on grinding down.
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.
$12k, in 2022
price went up to $500 one of yous came here and asked this question.
then a correction came and then rise continued proving there is no bubble.
then price went up to $700 another one of yous came here and asked the same question. and same thing happened.
the same thing again happened multiple times when price broke $1000 at first then the old ATH, and one of yous came here and called bitcoin "similar to 2013" and asked the same question. and a correction happened and proved there is no bubble and price went up again.
.... (story of past 2 years that i have been with bitcoin)
now here we are. after a correction and you still saying it is a bubble.
then a correction came and then rise continued proving there is no bubble.
then price went up to $700 another one of yous came here and asked the same question. and same thing happened.
the same thing again happened multiple times when price broke $1000 at first then the old ATH, and one of yous came here and called bitcoin "similar to 2013" and asked the same question. and a correction happened and proved there is no bubble and price went up again.
.... (story of past 2 years that i have been with bitcoin)
now here we are. after a correction and you still saying it is a bubble.
Perhaps a major war in the middle east(Saudi Arabia,USA,Izrael vs.Iran,Turkey,Russia and Qatar) would cause the oil price and cryptocurrency prices to skyrocket.
Yes,we are in a bubble.Every financial asset price(and bitcoin looks more like a digital financial asset rather than a currency) in a market economy is a bubble.
When the demand for that asset decreases,the bubble bursts...
Italy would collapse,but i don`t think that the italians would start buying bitcoins like crazy...
Yes,we are in a bubble.Every financial asset price(and bitcoin looks more like a digital financial asset rather than a currency) in a market economy is a bubble.
When the demand for that asset decreases,the bubble bursts...
Italy would collapse,but i don`t think that the italians would start buying bitcoins like crazy...
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?
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?
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