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Title: When everyone is convinced there's a bubble, there's no bubble Post by: Alonzo Ewing on March 14, 2013, 04:32:14 AM The bubble happens when people are convinced the rally is real and laugh at the bubble talk.
This tells me we're still early in the rally. Title: Re: When everyone is convinced there's a bubble, there's no bubble Post by: AgeraS on March 14, 2013, 04:34:01 AM I agree, but only time will tell.
Title: Re: When everyone is convinced there's a bubble, there's no bubble Post by: gnu on March 14, 2013, 04:37:59 AM I don't know. I'm bullish long term. But looking at some of the posts on Reddit, people are saying "I got in at 25", "I got in at 35" and planning to max out their daily buying limit on coinbase. That sounds like a bit of a bubble to me. But maybe I'm just hopeful so I can get in lower. lol
Title: Re: When everyone is convinced there's a bubble, there's no bubble Post by: bullyboy on March 14, 2013, 04:39:27 AM I'm worried about a bubble for sure.
How can it not be a bubble? I didnt check my btc for a few weeks, because I got busy, came back to a double... Title: Re: When everyone is convinced there's a bubble, there's no bubble Post by: AgeraS on March 14, 2013, 04:45:30 AM I'm worried about a bubble for sure. How can it not be a bubble? I didnt check my btc for a few weeks, because I got busy, came back to a double... Bitcoin has received a lot more positive press coverage over the last month, and it seems like more and more people are becoming interested in Bitcoin. That is why I think we are not in a bubble. Title: Re: When everyone is convinced there's a bubble, there's no bubble Post by: Alonzo Ewing on March 14, 2013, 04:50:59 AM Bitcoin has received a lot more positive press coverage over the last month, and it seems like more and more people are becoming interested in Bitcoin. That is why I think we are not in a bubble. In a bubble, the news is very positive. That was true for both the dot-com bubble and the real estate bubble. Title: Re: When everyone is convinced there's a bubble, there's no bubble Post by: xisnotx on March 14, 2013, 07:19:33 AM Bubble is popping as we speak. Look out below...
Title: Re: When everyone is convinced there's a bubble, there's no bubble Post by: aes1 on March 14, 2013, 08:39:20 AM Bitcoin doesn't seem to be the stablest currency, but I don't suppose that its intrinsic value is going anywhere any time soon.
There will be 21 million bitcoins eventually. You can buy 21 bitcoins with less than $1000. With that, you get one millionth of the eventual bitcoin market. Assuming that bitcoin is going to be big (as it looks like), that's not going to be a small sum. Title: Re: When everyone is convinced there's a bubble, there's no bubble Post by: nanocoin on March 14, 2013, 08:50:52 AM I'm worried about a bubble for sure. How can it not be a bubble? I didnt check my btc for a few weeks, because I got busy, came back to a double... Bitcoin has received a lot more positive press coverage over the last month, and it seems like more and more people are becoming interested in Bitcoin. That is why I think we are not in a bubble. With only ~10mm BTCs in circulation at the moment, BTC is trading like a hot IPO with microscopic float. A BTC hedged fund was formally announced recently, holding nearly 1% of the outstanding BTC. Given the hype and the limited float, it seems like BTC still has some room to run before we see the massive sell orders. Title: Re: When everyone is convinced there's a bubble, there's no bubble Post by: dirtycat on March 14, 2013, 09:00:26 AM its not a bubble its a balloon!
Title: Re: When everyone is convinced there's a bubble, there's no bubble Post by: rh1n025 on March 14, 2013, 09:44:25 AM its not a bubble its a balloon! Hopefully if it is a balloon, it's one like that felix baumgardner guy used and not a free one from macdonalds! Title: Re: When everyone is convinced there's a bubble, there's no bubble Post by: Mooshire on March 14, 2013, 12:15:57 PM I think that when the mining reward starts to disappear, all of the miners are going to suddenly turn around and go, what happened to our coins? Then they will start buying as fast as they can.
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