Bitcoin Forum

What do you guys think? Moon or doom.

Pump and dump happen all the time and in all kinds of trading. I think there will be many rounds of bubble and we just have to be calm and trade carefully.

we are already at 661$ from 400$. can you notice that ? so we are already headed towards the moon. but the fact is we people dont get satisfied easily. if we get more, we keep thinking of getting much more than we have now. btw, by the end of this year hopefully we can touch 1000$ as many of the news channels are predicting it. remember the last halving ?

we are all waiting for this to happen i think btc will keep mooning up as many investors and traders already in and many people as well who knows now how to use bitcoin especially in the web price will keeps moving up and hopefully we reach 1k this end of year.

what do you mean by doom? if you mean going down from current price then no it is never going to happen.
but a bubble is possible, although i hope it won't happen and this slow rise continues happening over time and price goes up slowly instead of suddenly because a bubble will burst.

There's nothing wrong in hoping, but don't expect too much. Bitcoin is becoming more popular and accepted, so yes, there is a higher chance of rocketing again to the moon. However, we must be always ready for all the possibilities that might happen in the future. Price might increase or decrease and we must just go with the flow. :D

i hope it is moon  :) , bitcoin currency price  is increasing slowly, hope it may go to bubble,if more and more people buying it will help increasing the price. Probably it may go up to @1000.

it is hard to say these days, bitcoin rise and falls have slowed down significantly, and it is not like before where there was only one major exchange service (mt.gox) and they could do whatever they wanted with the price using their willybot, instead there are a lot more exchanges.
also now there are also a lot more investors too which has always slowed down swings and made them smaller so I think a bubble at this point will be so much smaller, but the rise is still there and slowly but surely we are moving towards the moon.

Hopefully the price were at right now isnt a bubble just ready to pop. If its not and we do go up in price in another bubble then i doubt it would be a bubble of any significance. Most of these bubbles come about due to 1 or 2 key players and to get anywhere higher than 1k would take a serious amount of money that 1 or 2 people just wouldnt be able to afford by themselves. A real bubble will take billions to bring us up to new all time highs. I doubt thats coming anytime soon.

There will be enough bubbles that will form and pop giving people enough possibilities to make some decent profits. If you have patience to wait for it, then I definitely say moon!

Its either moon or death, while its alive there is no other option but moon. I predict another 2 bubbles in next couple years infact.

I would prefer a little fall in price so that I can buy more bitcoin.Once I am done,I want its prices to touch mars ;).I think bitcoin price will now go further up

There will be great future for bitcoin, many people start to used bitcoin as transaction, many company also adapting bitcoin, so i optimistic that bitcoin is heading toward the moon, hopefully after the halving event bitcoin can rrach its golden era in this year

Bubbles tend to come out of nowhere.
Or at least somewhere where nobody wants to look.
The possibility of a bubble is high, in my opinion.

Bitcoin has been full of brewing bubbles since the very beginning of its first exchange listing.

It won't be any different in the coming years which I don't mind as a bubble lets me sell at a high price.

And that same bubble when it bursts is allowing me to reenter the market at a much lower price.

It also keeps the market healthy as nothing in the world can only go up in value.

The question is what to call a bubble. If in the beginning of the 2014 the price over $800 was a bubble, today it's a normal price IMO. The first big bubble happened in april 2013 and the price was $260 then, but what can we say about this price now? Was it a bubble? Have people lost their money who bought at $260 then? Of course they lost if they sold at $90 two weeks later, but what if they waited until today?

Small bubbles will definitely happen this year - still five months more to go. Big bubble (something like late 2014) may happen this year if something big happen in the fintech or crypto industry. If not another big bubble may happen a few years later. Bitcoin is here today and will be here in the coming years.

For now the price is very stable at normal price and we will still waiting for the price to be the moon.. but i think many people are still holding their coins and they dont have a plan to sell it they are waiting for the price  to increase..

Of course,  perhaps even more than one bubble is happening simultaneously. I think most of the predictions here though are not worth considering. Unless you have insider knowledge on fintech industry,  or you're part of a Whale comglomerate of pumpers then you don't know anything ahead of the curve. You would only be a reactive trader,  hoping to hoover up a small % increase after the whales have made their lions share.

Bubbles make for perfect surfing weather for day traders :D They're a great opportunity for making money but your timing needs to be spot on because all bubbles burst at one point or another. Personally I'd much rather there is a solid increase backed by real demand. But to answer your question, I think there will probably be plenty more bubbles down the road  :)

Bubbling is a part of Bitcoin.And you can be sure we are going to see many more pumps and mega pumps followed by dumps in the next years on the way up to 10k and even higher.
Traders love that volatility and speculation will be the main driver for Bitcoin's growth for a long time.
So buckle up and enjoy the ride.To newbies I recommend a vomit bag! ;D

i think there is still possible to see another bubble in bitcoin. because bitcoin is still young and growing with so many whales and weak hands that let the whales grow bigger so they can pump bitcoin to the moon, which in return will make a bubble.
and since everyone is waiting for a big rise anyways , reaching the top of the bubble is made easy.

Definetely it will go to the moon next. Sure there are some rocks that need to broken on the way there but once the bankers start competing after bitcoins there is no limit how high this can rise.  :-*

any rise that's taken place since 2013 qualifies as a rally and not a bubble. they haven't had any of the mania that a real bubble has.

Maybe, but probably will take some time and come when less expected.

Don't base your hopes in another bubble otherwise you may be disappointed and probably will leave the Bitcoin world before the next bubble happen

Yeah bubbles come in the bitcoin market price when people least expect it but in the end it will burst.

Honestly if the price will not increase right now i believe this december or november just like year ago that we will see huge pump of the price of bitcoin
For now better to choose either to hold or sell because i think the price will reduce this following months.

No more bubbles for bitcoin.

Unless you find a New China. Or a rich alien nation on another planet. The possibilities are endless in your imagination, but only there, not in real life. So, get over it, just be happy with incremental increases from now on.

it is impossible for bitcoin price to go up a lot and then hold in my opinion, it is better for the price to just go up but we cannot do anything about it i think unfortunately

Definitely moon.
Bitcoin is saving its strenght for the month of.august.
Cause moon is the next destination of bitcoin.

yeah, the price is going to the moon really soon, i think that it will reach a new all time high pretty soon and it will allow us all to make some good money hopefully

Why august? What do you base this on?

If based on pattern from last halving the rise should be 6-7 months after halving so around Jan-feb 2017

For me surely it will be moon, not any reason for price to get dumped other than some big whales manipulating market for few hours.

I think moon is going to happen as the price of bitcoin has started to increase and I think the effect of halving has been started , the better time is starting once again for bitcoin.

I hope you are right. I don't think the price will increase significantly in the near future but I'm sure it will be steadily increasing. Actually I'm happy we haven't had another bubble this time.

There will be many bubbles ahead in the future for the bitcoin. But the size of bubble will be much smaller.

Well i think the price well stable at this current price and i dont find any blogs nor articles that whales are predicting the bitcoins price in near future thats why i think this price will be fair enough stable and wich is good for me since the price for today is bit high unlike those past long months and yet our earnings with it will bloated unlike those before so better cheer this things up and let it remain steady for this price today.

I think there's almost certain to be another bubble, probably a number of them. There will most likely be a number of epic crashes too, this is bitcoin after all.

Until the days of next halving bitcoin doesn't have the possibility to experience some other special events. For this reason bitcoin is expected to have gradual increase and no big bubble gonna happen.

of course it is justt the beginning of a currency and there will be  lot of huge pumps pretty soon, in my opinion we will make some profit with it easily

Moon !

The financial market and the people are slowly waking up to the incoherence and the bubbles in the western countries.

Sometimes doom, sometimes moon. That's what I think.

That's pretty much the way bitcoin works or certainly has been for the last few years. In answer to the OP though, yes there will be another bubble.

yeah it is surely possible that the price is going to go to the moon soon and i think the price will not stop

Without further good news, the price will stay around the $600 to 700 range for the next few months.

I don't need any bubbles. I'd be more than happy with a nice steady step-wise rise. A general rise in the direction of north by northeast is perfectly fine. I would prefer that more than a bubble.

Actually the June 2011 bubble was greater than the April 2013 one. It went from under a dime to over $30 in a few short months.

As for the OP's question, of course it will bubble up again, and probably sooner than a lot of people think. IMO.

Yes there ate another bubble in bitcoin it will happen in next 2 years according to my research so if you have extra money do invest it in bitcoin because bitcoin become profitable in the next 2 years or next year. You earn and gain profits. Your saving got increase.

I'm calling BS, there's no way to predict what's going to happen to the price in the next 2 years.  You're saying this because you have your own money in BTC and want people to buy in so the price will go up, helping you out.  There very well could be another bubble that's set off by something, or a crash back to the 300-range.  Nobody really knows what's going to happen.

research? really?
care to share it with us too, share what resources did you use and how did you come to this conclusion.
there is no argument about bitcoin rising and becoming more popular so price goes up but to see another bubble is a complete different story and as we go forward the possibility of another bubble becomes less and less.
and remember not all rises are bubble.

moon no doubt bullish and long but not going to be pretty, or it has not but we're almost moving to another phase we got a few more to go

Usually bubbles happens based on starting stages of growth or the other factor which falls on entire industry a failure.

But if you noticed its not in a industry since its being used a multiple different factors - but the higest one we can agree on is a form exchange similar how you use western union.

So see it like youre owning a part of western union? this is just my view.

It's always been sometimes doom sometimes moon, that's just the cycle of a free market that lacks a majority of regulations and safeguards that are in place with a majority of markets these days. It's not something new and I would expect for a lot of the same cycles to repeat in the future, as long as Bitcoin remains relatively unregulated and there are similar movements in the future when you compare it to what is happening these days.

bitcoin price has always been greatly affected by hype and that is why there was a big bubble in the first place (of course with the help of willy bot). and since this hype has not disappeared in bitcoin and only the effect has became smaller, i still expect another bubble but this time a smaller one.

first of all, bitcoin price is still being manipulated although i agree that it has gotten harder comparing to 2011 but it is not yet that hard.
secondly there is no need to manipulate to enter a bubble. manipulation can cause it of course like the MtGox manipulations, but it is not the only way that causes a bubble. there is a lot of other reasons that can cause that and since bitcoin is still a small market compared to something like gold it can easily enter a bubble phase.

the value of Bitcoin may enter a bubble phase because its exchange rate with real world currencies is hiking up at an incredible, likely unsustainable pace.

No.Compared to all the other markets out there, Derivatives, stocks, precious metals, real estate etc. Bitcoin still is ridiculously small.
We will see several more bubbles in the near and far future.
So I recommend to buckle up and enjoy or hate the ride. ;)

i think from now on the prices will be going only up, i hope that the price of the bitcoin is going to the moon right now, in this way i would make a lot of profit

Correct. Bitcoin still have a very small market share. With the increasing of popularity, will increase investments, and with them will come a bubbles. We can see that the price after halving very quickly stabilizes, which means (that's my private opinion) that within a few weeks we can expect a bubble.

a bubble is not a simple rise because of the popularity or adoption of bitcoin, but instead a bubble means when the price suddenly rises a lot in a very short time. for example if price goes to $1500 in the next week that is called a bubble. but instead if the price rises to $1500 over 1-2 years and because of the adoption that is a simple rise because of popularity.

thats true, a bubble means that the price is going up really fast and then it dumps back to the same price it was before, i think such things are not good for bitcoin

No one can guarantee you that we will have another bubble, but i can honestly say that i am fairly certain how it will happen, if not by random, then in an
orchestrated mega pump. There is simply too much money now in bitcoin, and the market didn't feel excitement for a long time, so the timing for a bubble couldnt be better.
I fear that people (traders and holders mainly)  could lose interest in bitcoin due to relatively dull market if something doesnt happen soon.

A bubble, yes, i am sure of that, will it be the same as we saw in 2013?
I am quite sure such a thing will not happen anymore. The markets it totally different then in 2013, more resistances, more users (who will cash out etc.).

Bitcoin market cap is just 10 billion USD right now and there are lots of whales holding atleast 5-10% of those bitcoin so manipulation at the current price is also possible. However the steady growth after every pump we seeing these days is proof of more market demand than only manipulation.

Yes, I think that can happen in less than two years from now.

and by then, we'll be trying to decide which bitcoin chain to remain on... perhaps

Lots of whales holding 5-10% of the total coin supply?

5% of the total coin supply is 790K BTC.
10% of the total coin supply is 1.58 million BTC.

I don't think there is an entity actually owning 1.58 million coins.

of course the bubble will happen way sooner, i think we can expect to see it in like a month or something lie that, that would make investors big profit

Why do you think so, if I may ask?
If you are so sure of that, you may put all your savings in Bitcoin now and earn a lot in next month or two. Would you?
I don't think so.

Don't be surprised if another altcoin comes into the scene to replace ETH and ETC. Gone are those days when bitcoin was the only clown in the circus, we now have other clowns spicing up the show.

Still, outside of this forum there is only one that is really recognised. Until this changes, Bitcoin is the king. End of story.
that means if there is an inflow of new money, a serious one, it will primarily go to Bitcoin anyway.

uhmm you might be right about it as no one can predict the price of the bitcoin, i think that the price growth might happen in like a month though thats just a prediction

ups and down is the routine of bitcoin market but the important thing is to be remain calm, strong and confident because some time the price will decrease to some low level which will compel you to think about the selling of your bitcoin and some time the price will go ho high that you will be welling to book the profit but if you have invested your money for a long term investment then you have to stay and just study the market and no need to worried about the price.

how if the big player dump and pump bitcoin and other altcoins without any news? and they just want to make a play and to make the market not stuck in one rate. i think it will be more interesting to trade, making people confusing to buy and sell  ;D

don't be so sure. the dotcom bubble was massively larger than any bitcoin bubble and it involved all the top line people everywhere in the world. bubbles happen in the largest markets. bitcoin's freaking tiny.

the reason there hasn't been a bubble in bitcoin since then is because there hasn't been any demand for it ever since 2013. if demand grew faster than people willing to sell it then it's bubble time again and sellers are just as paranoid at missing out as buyers.

How can you say there hasn't been a bubble since 2013? What do you call the price of the last few months,  organic growth?  The truth is with bitcoin you can only call a bubble a bubble in hindsight,  if the price drops back down to $250 this whole period could be classed as a bubble.

a bubble can not keep itself up because it is artificial and more importantly unstable so it will burst not go down slowly.

the bubble at this point was the $780+ and it bursted down to $630-$666 range and has stayed there for well over a month.

and yes if it continued down this path and was at $500 today i could agree that this was a bubble, but it doesn't seem to be one.

Well, for me there will be another bubble in the future but for the current price, I think that is just fair to see this and this is not overprice, if you notice the recent fall back of price, if the price was just a bubble it could have not rise again.

It's been a month already since the last bubble. The bitcoin just decreased its price a lot this week. So we can assume that our baseline is between 600$ and 700$ to say that a "mega-pump" has happened. Unfortunately, we're just approaching 600$ at the moment. Slowly recovering from the dump that the Bitfinex hackers did. Nevertheless, people are still expecting the price to shoot up this year because of the bitcoin halving.

If many people keep using it just for speculative purposes, I believe that it is possible in a few years. But things can be better if people start to use it daily, and if bitcoin reaches a better level of liquidity and stability.

Every year there is at least one or two bubbles that happen, aside from maybe 2015 but that was more of an odd year for everyone compared to the other years we're experienced. Bubbles will definitely be a less common occurrence if/when more people start using it more often, but for now it will experience its own fair share of bubbles.

There's always going to be speculation on another bubble and of course it's going to happen. It would be very unlikely that we'll ever see a huge spike like when Bitcoins went from worth a few dollars to over $1000 though.

That is easy to spot and I encourage everyone here that once we see the price is skyrocketing we should ride with it because it might be the start of another bubble but do it with timing as you will also need to sell your bitcoins immediately when the price starts to fall.

I'm not going to wait when the price is falling in order to sell. I prefer to sell at the time the price is still going up, which for me has been working out very well. This of course depends on the type or person, but I am not that greedy to keep waiting for the top price.

It's a very good plan buddy, for if we sell when the price fell then it will only make us lose. Except to those who get free way, bitcoin until whenever they will still profit. Because they get free way bitcoin. We don't have to worry about the future of the bitcoin, most important is staying focused on our lives in order to be better

I hope there will be a fourth bubble in Bitcoin and i expect it will happen in 2017.If it happens, it will be very beneficial for bitcoin community and more people will start to use bitcoin

I think there is a possible bubble to occur when the news of segwit being activated, and speculators rally behind this update.  Development plus good press + speculators rallying and making noise about price increase speculation might trigger a bubble if done perfectly.  So I think the activation of Segwit will triggle the next bubble.

Biggest pump always happen on every halving time only. So that sure we can see a difference in the price of the Bitcoin. Apart from that every year end we can see some bubble in the price chart.

We can expect another bubble soon. Prices corrected after the bitfinex hack and now it's more stabilized for the moment. The halving has happened and the supply is reduced. I am guessing that we can see a price rally soon. This time I am betting it will cross the $1000 limit.

Will there ever be another bubble in Bitcoin?

I damn sure hope so, if I didn't think there would be I'd cash everything in now.

Yes sure we must no doubt about it because bubble will not comes only when half want to occur at least we can expect the shortest bubble comes before new years.

Mee too i hope and waiting to that happen that bubble of bitcoin. I think it will happen before the end of these year. And also the year 2017 it become more popular the bitcoin so that bitcoin have another bubble. We must do is wait that time for we to get profit.

i don't think too serious for another bubble, and if there is a sign for increasing price, i think i will wait for a moment because i see that maybe in next the price of bitcoin will get up, but its need a little time before its sure to go up. and when i see on polo, the sign of increasing price is show up but i must be sure for first before i can sell my bitcoin.

The days of big bubbles are OVER. In fact, it's been almost 3 years since we had a bubble. We're seeing a stabilization in the price at around $600 for months now. Get used to it, this is the normal. You will not see another bubble to $1200 any time soon.

since 2013 there've been rallies. there certainly haven't been any bubbles. a bubble is a totally different beast imo. you can feel the market going crazy. in recent years there's been some exuberance but nothing felt like a bubble to me. it went up and then it came down without any type of the hangover that real bubbles have.

How can everyone be sure of that we are not in a bubble right now? The price was 400$ a few months ago, 200$ last summer.

It rose %200 since last summer and %50 since April. Don't you think it looks a bit like a bubble?

$2 to $32 is a bubble. $100 to $1000 in the space of a few weeks is a bubble. waking up to a price $100 higher than the night before is a bubble. going up a healthy amount over a few months is not.

I wouldn't write off the effects of the past halving completely. Neither would I classify the recent growth as a bubble even if Bitcoin went or would eventually go down to $250. After the halving the supply of new coins has diminished two times, this is what could be called a new normal as others suggested. It is something which you can't sneeze at or discard as unimportant whether you like it or not. I don't think we can disregard the reward halving as an insignificant detail in the price picture of this year. Bubbles, on the contrary, consist mainly of air, figuratively speaking, or, in other words, of expectations based on nothing.

yes of course there is no doubt about this that there are more than more that one bubble in the  price of bitcoin because mostly people thing that the price of bitcoin will really cross 1200 USD level in next few months.

an artificial "bubble" or a steady,although big price jump as the result of some groundbreaking news?
if you define bubble as something that drives the price up several times over without any reason or event behind it,basically - result of a "conspiracy" between traders and major holders
then I doubt we see one any time soon
but the price could skyrocket due to some particular events ,as an example the block size increase decision or changes in legislation that would allow bitcoin to become legal tender  
or this :) https://cointelegraph.com/news/final-countdown-bitcoin-cores-segwit-to-be-released-after-long-testing

Unfortunately in this altcoin market it is relatively easy to see continuous bubbles, so it would not be so difficult to face an eventual bubble in bitcoin at any time, under any pretext.