When will this bubble pop? - page 4.

pyromaniac

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Quote from: adamstgBit on August 15, 2012, 02:25:36 PM

Quote from: cheat_2_win on August 15, 2012, 02:13:33 PM

Quote from: adamstgBit on August 15, 2012, 02:11:12 PM

Quote from: Kupsi on August 15, 2012, 02:08:07 PM

Quote from: axus on August 15, 2012, 02:02:21 PM

If history repeats itself, there will be a 100% increase in a very short period, then the bubble pops.

Last time it was a 3800% increase in 2 months.

this will not happen,

this only happened because people were thinking this was it, bitcoin was going to take over.

no one is that naive anymore....

as long as people with money believe that, i am ok Cheesy

No one believes that

whats driving up the price is the thought that, as long as bitcoin continues to grow and improve, everyone holding will continue to hold, no matter what the price....

we see no sign that bitcoin will ever stop growing, so....

The problem is nobody knows and haven't any signs. Dump will be sudden and dramatic.

adamstgBit

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Quote from: conspirosphere.tk on August 15, 2012, 02:24:54 PM

Quote from: misterbigg on August 15, 2012, 12:48:52 PM

When are we going to see the price settle back down for a brief interval before resuming its inexorable upward plod?

When s/t bad happens (like Gox). e.g. Pirate vanish.
Then BTC would be famous as the only money backed by drugs and ponzis. (Not that I would not invest any more in it)

Or when ppl figures out that the blockchain growth is not practical and/or cannot sustain a serious traffic of Tx.

yes this is one issue that, if not solved. could kill bitcoin...

the buying of drugs online using bitcoin will continue. but people will stop believing it will ever be anything more

adamstgBit

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Quote from: cheat_2_win on August 15, 2012, 02:13:33 PM

Quote from: adamstgBit on August 15, 2012, 02:11:12 PM

Quote from: Kupsi on August 15, 2012, 02:08:07 PM

Quote from: axus on August 15, 2012, 02:02:21 PM

If history repeats itself, there will be a 100% increase in a very short period, then the bubble pops.

Last time it was a 3800% increase in 2 months.

this will not happen,

this only happened because people were thinking this was it, bitcoin was going to take over.

no one is that naive anymore....

as long as people with money believe that, i am ok Cheesy

No one believes that

whats driving up the price is the thought that, as long as bitcoin continues to grow and improve, everyone holding will continue to hold, no matter what the price....

we see no sign that bitcoin will ever stop growing, so....

pyromaniac

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Quote from: ElectricMucus on August 15, 2012, 01:54:08 PM

Quote from: pyromaniac on August 15, 2012, 01:50:30 PM

There is two ways of current situation:
1. Bubble will pop after raising around 17 BTC then goes down to 1.99
1. Bubble will not pop and the price goes to 30 and up.

may I rent your crystal balls some time? (no pun intended)

Sure I haven't crystal ball, it's just a humble opinion. Roll Eyes

https://bitcointalksearch.org/topic/a-potential-top-1216-the-bearish-case-100562

conspirosphere.tk

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Bitcoin is antisemitic

Quote from: misterbigg on August 15, 2012, 12:48:52 PM

When are we going to see the price settle back down for a brief interval before resuming its inexorable upward plod?

When s/t bad happens (like Gox). e.g. Pirate vanish.
Then BTC would be famous as the only money backed by drugs and ponzis. (Not that I would not invest any more in it)

Or when ppl figures out that the blockchain growth is not practical and/or cannot sustain a serious traffic of Tx.

dopamine

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Learn to read charts people we just had a break out next resistance is 14.

mp420

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Quote from: adamstgBit on August 15, 2012, 02:11:12 PM

no one is that naive anymore....

Except those who haven't heard about bitcoin yet.

But yeah, I don't except that kind of money flow into Bitcoin any soon. If not any other reason, the scalability issue is still not resolved. If a huge number of new people buy bitcoins and start playing with them the transactions start to drop.

Kupsi

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9.9.2012: I predict that single digits... <- FAIL

Quote from: adamstgBit on August 15, 2012, 02:11:12 PM

Quote from: Kupsi on August 15, 2012, 02:08:07 PM

Quote from: axus on August 15, 2012, 02:02:21 PM

If history repeats itself, there will be a 100% increase in a very short period, then the bubble pops.

Last time it was a 3800% increase in 2 months.

this will not happen,

this only happened because people were thinking this was it, bitcoin was going to take over.

no one is that naive anymore....

I hope you're right

(I want a slow and steady raise.)

cheat_2_win

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Quote from: adamstgBit on August 15, 2012, 02:11:12 PM

Quote from: Kupsi on August 15, 2012, 02:08:07 PM

Quote from: axus on August 15, 2012, 02:02:21 PM

If history repeats itself, there will be a 100% increase in a very short period, then the bubble pops.

Last time it was a 3800% increase in 2 months.

this will not happen,

this only happened because people were thinking this was it, bitcoin was going to take over.

no one is that naive anymore....

as long as people with money believe that, i am ok Cheesy

kentrolla

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Quote from: adamstgBit on August 15, 2012, 02:11:12 PM

Quote from: Kupsi on August 15, 2012, 02:08:07 PM

Quote from: axus on August 15, 2012, 02:02:21 PM

If history repeats itself, there will be a 100% increase in a very short period, then the bubble pops.

Last time it was a 3800% increase in 2 months.

this will not happen,

this only happened because people were thinking this was it, bitcoin was going to take over.

no one is that naive anymore....

i am

adamstgBit

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Activity: 1904

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Trusted Bitcoiner

Quote from: Kupsi on August 15, 2012, 02:08:07 PM

Quote from: axus on August 15, 2012, 02:02:21 PM

If history repeats itself, there will be a 100% increase in a very short period, then the bubble pops.

Last time it was a 3800% increase in 2 months.

this will not happen,

this only happened because people were thinking this was it, bitcoin was going to take over.

no one is that naive anymore....

Kupsi

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Activity: 1193

Merit: 1003

9.9.2012: I predict that single digits... <- FAIL

Quote from: axus on August 15, 2012, 02:02:21 PM

If history repeats itself, there will be a 100% increase in a very short period, then the bubble pops.

Last time it was a 3800% increase in 2 months.

ElectricMucus

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Marketing manager - GO MP

What's with all the new signups and their crystal balls?

adamstgBit

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this is not a bubble because their would be extreme support at 9ish ( even without the new big bull player )

any significant rise from here is a bubble

i do not think the market will allow for another bubble, the same way we saw last year...

but if the new bull keeps buying the way he has been... the market might have no choice but go into bubble mode.

hopefully this bubble to say 30 will stop the new bull from buying, then we'll see a crash to 12 where the new bull will resume his constant buying and supporting

axus

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If history repeats itself, there will be a 100% increase in a very short period, then the bubble pops.

ElectricMucus

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Quote from: pyromaniac on August 15, 2012, 01:50:30 PM

There is two ways of current situation:
1. Bubble will pop after raising around 17 BTC then goes down to 1.99
1. Bubble will not pop and the price goes to 30 and up.

may I rent your crystal balls some time? (no pun intended)

pyromaniac

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There is two ways of current situation:
1. Bubble will pop after raising around 17 BTC then goes down to 1.99
1. Bubble will not pop and the price goes to 30 and up.

evolve

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I'm thinking soon. I'm keeping my btc positions for shorter periods of time and taking more time between buying in...It means missing out on making as much money as I could be, but I don't trust the market at all right now.

ElectricMucus

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Prisoners Dilemma as a practical joke.

this is just a notch more ~~complicated~~obvious.
popcorn.gif

klaus

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no bubble.
more buyer, than seller. thats all.

Topic: When will this bubble pop? - page 4. (Read 6834 times)