Bitcoin Forum

Economy => Speculation => Topic started by: ehoffman on April 08, 2013, 01:49:57 AM



Title: Last great bubble was 35$. This bubble will be 350$!
Post by: ehoffman on April 08, 2013, 01:49:57 AM
... and after that, we'll fall to 20$ and in a year or 2, go up to 3500$ :P

See the pattern here? :)


Title: Re: Last great bubble was 35$. This bubble will be 350$!
Post by: sunnankar on April 08, 2013, 01:54:54 AM
... and after that, we'll fall to 20$ and in a year or 2, go up to 3500$ :P

See the pattern here? :)

Have you read Why Bitcoin Is Just Getting Started (http://bitcoinmagazine.com/trace-mayer-on-fox-business-why-bitcoin-is-just-getting-started/)?

Quote
And for those who think there is a massive Bitcoin bubble. The last bubble went from $0.05 to about $32 and unlike so many who are calling this a bubble I know what it felt like back then because I was there. For a comparable move the bitcoin price would need to move from about $5 to around $3,200, a 20x rise from current prices, and we are only about 5% up this ‘wall of worry’. And like usual, Scoreboard, because we are playing this game for financial keeps:


Title: Re: Last great bubble was 35$. This bubble will be 350$!
Post by: ehoffman on April 08, 2013, 01:56:25 AM
My numbers was off a little!

Time to get the "mBTC" out of it's plastic wrapping soon! :)


Title: Re: Last great bubble was 35$. This bubble will be 350$!
Post by: ElectricMucus on April 08, 2013, 02:37:57 AM
Sure why not.

Just don't get hurt if it pops before that or goes to 9001.


Title: Re: Last great bubble was 35$. This bubble will be 350$!
Post by: sunnankar on April 08, 2013, 02:39:10 AM
Great article! Love it. You are the best spokesman for Bitcoin to date. Keep it going m8.

As for the bubble, you people have seen nothing yet.

Thanks! If this Bitcoin experiment actually plays out then it will probably lead to the creation of some Bitcoin barrons, like early GPU miners  ;), with estates that are larger in purchasing power terms than Rockefeller, Carnegie, etc.

We all have a lot of work to do in building out the Bitcoin economy, from mining to media to payment processing to goods and services, etc. and need to keep our eyes on the prize. There is so much potential for wealth creation and wealth transfer here it is absurd.

So I will keep up the battle in the marketplace of ideas as long as the soapbox is there!


Title: Re: Last great bubble was 35$. This bubble will be 350$!
Post by: ElectricMucus on April 08, 2013, 02:41:43 AM
Great article! Love it. You are the best spokesman for Bitcoin to date. Keep it going m8.

As for the bubble, you people have seen nothing yet.

Thanks! If this Bitcoin experiment actually plays out then it will probably lead to the creation of some Bitcoin barrons, like early GPU miners  ;), with estates that are larger in purchasing power terms than Rockefeller, Carnegie, etc.

We all have a lot of work to do in building out the Bitcoin economy, from mining to media to payment processing to goods and services, etc. and need to keep our eyes on the prize. There is so much potential for wealth creation and wealth transfer here it is absurd.

So I will keep up the battle in the marketplace of ideas as long as the soapbox is there!

Your only battle is to convince new suckers to buy the price up.


Title: Re: Last great bubble was 35$. This bubble will be 350$!
Post by: ruski on April 08, 2013, 02:45:28 AM
Wealth creation is the product of hard work and new resources. Wealth transfer is getting rich through trading stocks etc. There is a difference.


Title: Re: Last great bubble was 35$. This bubble will be 350$!
Post by: ElectricMucus on April 08, 2013, 02:46:58 AM
Wealth creation is the product of hard work and new resources. Wealth transfer is getting rich through trading stocks etc. There is a difference.

But, but. that's supposed to be a secret.  :o


Title: Re: Last great bubble was 35$. This bubble will be 350$!
Post by: smoothie on April 08, 2013, 02:52:26 AM
Great article! Love it. You are the best spokesman for Bitcoin to date. Keep it going m8.

As for the bubble, you people have seen nothing yet.

Thanks! If this Bitcoin experiment actually plays out then it will probably lead to the creation of some Bitcoin barrons, like early GPU miners  ;), with estates that are larger in purchasing power terms than Rockefeller, Carnegie, etc.

We all have a lot of work to do in building out the Bitcoin economy, from mining to media to payment processing to goods and services, etc. and need to keep our eyes on the prize. There is so much potential for wealth creation and wealth transfer here it is absurd.

So I will keep up the battle in the marketplace of ideas as long as the soapbox is there!

Your only battle is to convince new suckers to buy the price up.

Well if you want to look at it that way. Sounds like you're short BTC....are you?  ;D ;D ;D


Title: Re: Last great bubble was 35$. This bubble will be 350$!
Post by: ElectricMucus on April 08, 2013, 02:55:34 AM
Well if you want to look at it that way. Sounds like you're short BTC....are you?  ;D ;D ;D

By your definition, yes I bought yesterday and sold those today.
By my definition I made cash.

You see I am not actually "short" anything cuz I do not borrow money to speculate. :)


Title: Re: Last great bubble was 35$. This bubble will be 350$!
Post by: smoothie on April 08, 2013, 03:37:04 AM
Well if you want to look at it that way. Sounds like you're short BTC....are you?  ;D ;D ;D

By your definition, yes I bought yesterday and sold those today.
By my definition I made cash.

You see I am not actually "short" anything cuz I do not borrow money to speculate. :)

Wow good for you.

You've got fiat imaginary numbers. Love it.

Too bad you can't wipe your ass with it huh? lol


i'm just playing with you...LOL!