When is this bubble bursting? | Bitcointalksearch.org

dnaleor

legendary

Activity: 1470

Merit: 1000

Want privacy? Use Monero!

Quote from: BitChick on August 31, 2013, 04:47:40 PM

Quote from: FNG on August 31, 2013, 01:26:15 PM

Quote from: server on August 31, 2013, 01:25:15 PM

no bubble.

This

I would like to think that. I thought that last time when the price got over $200 (for a day or so). I think the longer we have been into Bitcoin the more we realized that this is a roller coaster ride and not a smooth train upwards. It might not dip down below $100 ever again but I would be shocked if we do not get over $200 or $300 without another slide back down to $150 or so. Just my thoughts.

This is indeed no bubble - i think...

This is nomal bitcoin value growth after the recent dip

Just take a look at this chart:

The number of new members isn't exploding (like in the previous bubbles) it is just a normal rate, pretty stable at the moment. The number of posts and topics however is growing, whcih indicates more interest in bitcoin economy I suppose.

I don't call buble at the moment, but still keep an eye on these numbers. When the number of new members is accelerating again, we need to watch out and take some profits (and buy back in at a lower price)

JimboToronto

legendary

Activity: 4032

Merit: 4562

You're never too old to think young.

Quote from: Xiaoma on September 01, 2013, 09:20:20 AM

I didn't ask when bitcoin is dead, just when the correction is gonna happen. There is pretty much no volume on the exchanges, so this artificial price is going down soon.

That depends on whose opinion you ask.

Some of us consider the last 2 months' steady climb to be a correction itself after the artificially low prices caused by the DHS/Dwolla/MtGox fiasco.

Not everybody considers the recent string of askwall-busting whale buys and ensuing bidwalls to be panickers trying to "get their money out of Gox". Some people consider the possibility that some group(s) is trying to amass a large inventory of coins while driving up the price, likely before announcing something that will create additional demand and push the price even higher.

The push through 140 on MtGox was done without assistance from the whales. My guess is that sometime within the next 48 hours, they'll be back to smash 150.

toy4lov3rs

sr. member

Activity: 375

Merit: 250

Quote from: Xiaoma on September 01, 2013, 09:20:20 AM

Quote from: xxjs on August 31, 2013, 10:23:49 PM

The bubble is over when a better coin arises. Could be a long time from now.

I didn't ask when bitcoin is dead, just when the correction is gonna happen. There is pretty much no volume on the exchanges, so this artificial price is going down soon.

150 high and going back to 100 quickly then. I wanna change my vote from $180 - next week

Xiaoma

full member

Activity: 133

Merit: 100

Quote from: xxjs on August 31, 2013, 10:23:49 PM

The bubble is over when a better coin arises. Could be a long time from now.

I didn't ask when bitcoin is dead, just when the correction is gonna happen. There is pretty much no volume on the exchanges, so this artificial price is going down soon.

superduh

hero member

Activity: 602

Merit: 500

Quote from: Impaler on August 31, 2013, 05:12:56 PM

The bubbles isn't over until hash rates stop rising. The first generation hardware is a few months at most from being unprofitable to run which would collapse the bubble, but manufacturers are still looking at producing still more efficient hardware that might continue to pump up this bubble for a while longer.

hashrate follow price? or price follows hashrate? whatever it is hashrate is going up in the forseeable future and only up

Foxpup

legendary

Activity: 4326

Merit: 3041

Vile Vixen and Miss Bitcointalk 2021-2023

This bubble will not crash down to double digits. It will more likely crash down to triple digits, after rising to a few thousand. Anyone waiting for cheap coins is going to be disappointed.

xxjs

sr. member

Activity: 280

Merit: 250

Quote from: Impaler on August 31, 2013, 05:12:56 PM

The bubbles isn't over until hash rates stop rising. The first generation hardware is a few months at most from being unprofitable to run which would collapse the bubble, but manufacturers are still looking at producing still more efficient hardware that might continue to pump up this bubble for a while longer.

The bubble is over when a better coin arises. Could be a long time from now.

Impaler

sr. member

Activity: 826

Merit: 250

CryptoTalk.Org - Get Paid for every Post!

The bubbles isn't over until hash rates stop rising. The first generation hardware is a few months at most from being unprofitable to run which would collapse the bubble, but manufacturers are still looking at producing still more efficient hardware that might continue to pump up this bubble for a while longer.

BitChick

legendary

Activity: 1148

Merit: 1001

Quote from: FNG on August 31, 2013, 01:26:15 PM

Quote from: server on August 31, 2013, 01:25:15 PM

no bubble.

This

I would like to think that. I thought that last time when the price got over $200 (for a day or so). I think the longer we have been into Bitcoin the more we realized that this is a roller coaster ride and not a smooth train upwards. It might not dip down below $100 ever again but I would be shocked if we do not get over $200 or $300 without another slide back down to $150 or so. Just my thoughts.

600watt

legendary

Activity: 2338

Merit: 2106

Quote from: FNG on August 31, 2013, 01:26:15 PM

Quote from: server on August 31, 2013, 01:25:15 PM

no bubble.

This

no bubble yet. just back to normal.

Zaih

hero member

Activity: 504

Merit: 500

$

Xiaoma

full member

Activity: 133

Merit: 100

silly me posting this poll in the bull forum Grin

FNG

hero member

Activity: 588

Merit: 500

Quote from: server on August 31, 2013, 01:25:15 PM

no bubble.

This

server

legendary

Activity: 892

Merit: 1002

1 BTC =1 BTC

no bubble.

MAbtc

hero member

Activity: 826

Merit: 508

I think next bubble is $2k+.... but I don't think this is it.

culexevilman

legendary

Activity: 1064

Merit: 1000

Bitcoin is too valuable to be used as a currency

man, I am so happy, bitcoin up!

1Pakis

full member

Activity: 227

Merit: 100

266/32*266=2211$

superduh

hero member

Activity: 602

Merit: 500

about $600/coin

Xiaoma

full member

Activity: 133

Merit: 100

I wrongly expected this artificially inflated value to end already, but then this clear bubble started forming, pushed up by whales abandoning the Gox ship.
Now I'm really puzzled how long can this go on before there are no more coins Gox?

Topic: When is this bubble bursting? (Read 1938 times)