I'd prefer a sustainable, slow rise over an unsustainable mania. But that doesn't seem to be the way bitcoin works...
However I'm sure that the next bubbles will not feature a rise as steep as the previous ones. We already have a high market capitalization, so a lot of capital is needed to move the pricce significantly.
Regarding the next bubble, i think we have to wait a little longer. I predict a slow rise for the coming months, more like a stabilization period. 2015 we'll see the next bubble phase.
ya.ya.yo!
Topic: When will the next bubble start? - page 2. (Read 3861 times)
I think $5000 is a fair estimate
Isn't a bit optimistic?
Isn't $1000 a bit pessimistic?
Getting back to 4 digits is just a start. The last half year has been an aberration.
This is equivalent to last summer when the price was artificially low and some people thought triple digits were unlikely before the end of the year and anyone who suggested $500 (let alone over $1000) was ridiculed as a dreamer.
I'll be extremely surprised if the price doesn't reach $5000 some time in 2014.
I think $5000 is a fair estimate
Isn't a bit optimistic?
I think $5000 is a fair estimate
It'll end the year above $1000
The average is now August 23rd.
If price went from 1200 to 300 (btcchina) do not worry holders here, you must be braver than I am.
Where the price will finally stabilize is anyone guess.
Where the price will finally stabilize is anyone guess.
$40,000?
Yeah, I've been holding since $50-$100, so holding from $1200 to $339 is no big deal. I'm still up by more than double.
Look, you either believe bitcoin is going to change the world or you don't. If you do, then holding is the only logical thing there is.
Where the price will finally stabilize is anyone guess.
Finally stabilize? LOL
Certainly not within the next few years and certainly not in mere triple digits.
We've barely moved from the innovator stage to the early adopter stage.
While some bagholders desperately hope for lower BTC prices to dump their fiat, they're deluding themselves with their pipedreams of sub-$400 coins.
The biggest mistake a noob can make is to treat Bitcoin as if it were stock in a company or some kind of investment vehicle. Save that for things like the Winklevoss ETF.
Bitcoin is a protocol, and an open-source, peer-to-peer, cryptographically secure one at that. Don't compare it to stocks, bonds or forex. Compare it to the early days of TCP/IP.
If price went from 1200 to 300 (btcchina) do not worry holders here, you must be braver than I am.
Where the price will finally stabilize is anyone guess.
Where the price will finally stabilize is anyone guess.
This is bitcoin the price does not "stabilize", Volatility is our bitch.
If price went from 1200 to 300 (btcchina) do not worry holders here, you must be braver than I am.
Where the price will finally stabilize is anyone guess.
Where the price will finally stabilize is anyone guess.
Bubble is bursting.
What we are experiencing right now is bull trap.
So we shouldnt buy in then?What we are experiencing right now is bull trap.
What you shouldn't buy into is the ridiculous trolling by clueless noobs like scryptasicminer.
Noob, maybe. But far from clueless.
Sorry. I thought you were being serious.
I guess I'd better get my sarcasm meter fixed.
Next bullmarket has already started since yesterday or so. $350 was the golden purchase but $450 is pretty good from a broader perspective, above $1,000 just $100 doesn't look much different.
So if you wait to purchase in hope for a lower price, just buy it up dudes and sitback for the next 4 months or so.
So if you wait to purchase in hope for a lower price, just buy it up dudes and sitback for the next 4 months or so.
Bubble is bursting.
What we are experiencing right now is bull trap.
So we shouldnt buy in then?What we are experiencing right now is bull trap.
What you shouldn't buy into is the ridiculous trolling by clueless noobs like scryptasicminer.
Noob, maybe. But far from clueless.
Bubble is bursting.
What we are experiencing right now is bull trap.
So we shouldnt buy in then?What we are experiencing right now is bull trap.
What you shouldn't buy into is the ridiculous trolling by clueless noobs like scryptasicminer.
Bubble is bursting.
What we are experiencing right now is bull trap.
So we shouldnt buy in then? What we are experiencing right now is bull trap.
Bubble is bursting.
What we are experiencing right now is bull trap.
What we are experiencing right now is bull trap.
LOLOLOL
I guess it depends on what you consider the start of a bubble to be.
One take is that it starts with the reversal of the downtrend from the previous bubble, i.e. $2 in 2011 or $66 in July 2013.
Another view is that it starts at the point that it seems to go exponential, i.e. Apr 2011, Jan 2013 or last October's Silk Road bust.
I chose the former so I voted that it's already started.
The exponential part is probably still weeks away.
One take is that it starts with the reversal of the downtrend from the previous bubble, i.e. $2 in 2011 or $66 in July 2013.
Another view is that it starts at the point that it seems to go exponential, i.e. Apr 2011, Jan 2013 or last October's Silk Road bust.
I chose the former so I voted that it's already started.
The exponential part is probably still weeks away.
Bubble is bursting.
What we are experiencing right now is bull trap.
What we are experiencing right now is bull trap.
People only wish they'd know.
I'm betting toward the end of the summer or the very start of the fall.
+1 this is my prediction as well. Definitely later this year!
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