- Bitcoin - Litecoin - Eth - NEO - Monero
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Ok I can confirm, as a french, translating "illuminé" with Illuminati is totally bullshit, in the speech you can understand this word as "fool" or "someone who has visions". Wow, the two words are similar. If I describe this translation as completely " naze", do I need to precise it has nothing to do with Nazis ?
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You only need one thing to predict Bitcoin 100% of the time Something like that
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C'est moi ou la qualité des articles sur le bitcoin dans les medias generalistes s'est largement améliorée ces derniers temps ?
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With the numbers I found:
Canadian dollar reserves : 100Billion Us dollar value (fifth world currency) Bitcoin in circulation : 5 Billion US dollar value
So if we do the math, it would make x20 for bitcoin, so you'd get a bitcoin value (only as a reserve currency) around $6600 (?) If I'm wrong please correct me
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Are you millionaire now ?
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The top of the bubble depends on the price rise. The quicker the rise, the lower the top. If the price rises slowly, the top could be over $10k.
Highly doubt we are prepared to talk about 10k prices within a 1-3 years, but over 1k is definitely an option, if not this, then next year probably. Sharp movements like this recent one is an excellent chance to increase your bitcoin holdings, because support levels are low on such high spikes, and if you manage to sell high, you should probably have a safe spot for re-buy one things cool down. Each last bubble people were not surprised by the top itself, but more by the velocity of the rise. It was always values people were expecting, but more in 2 or 3 years of regular rise. Regular rise don't exist much in the world of bitcoin. The "over 1k" if it happens, could be as soon as next week. And nobody will sell, waiting for the 10K. Me included. Before it crashes again.
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besides, for now we seem to have a nice gauss curb with 3000 or 4000 as a top
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Voted 3000.
First bubble ~30 *8 = Second bubble ~240 *5 = Third bubble ~1200 *3 = ~3600.
8, 5, 3, is Fibonacci sequence in reverse (perhaps 13, 21, 34 etc came earlier in Bitcoins development).
Bitcoin loves Fib ratios.
I like that
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Nice question, I voted for "no buble, just stabilizing". It's just my opinion, or it's just that i would prefer it's just a real rise of price and not a bubble. But if I'm wrong and this is a bubble, I would like to know more how much will fall after bubble snap?
I try a scenario for fun: - falling to $300 tomorrow or the next week - oscillating in the $3xx during the month... boring. - last low in the $200 - then start of the new bubble in january/feb, until $6000 or something like that - and then collapse to $1000 during the rest of the year "bitcoin is now dead" Or maybe just sticking to $666 forever
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1000 $ on Friday 6-11-2015
Hmm so if on Friday 6th price will be $1000 i wonder what will happen with price on Friday the 13. $10000? $100000?
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well we already reached the top price in my opinion it wont go anywhere more than 410 dollars the only change is negative right now in my opinion
Why are you so negative about the future of bitcoin ? In 2013 bitcoin reached $1000 without making the cover of The Economist. And it was 2 years ago.
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Because of threads like this bulls will be out of money when this correction finally bottoms out.
This poll is too bullish, I add a bearish option
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There is no bubble to burst this time as this recent increase is solid and on permanent basis because situation is not same as it was then.Bitcoin has more adoption with some legislative moral support and recognition and large remittance market so price will be stable this time.
Is there still big holders who could cash out ? Is there still speculators ? Is there people who could enter in bitcoin ? If one of these answers is YES I don't see how we could avoid volatility and a new bubble. Even mature markets like gold or real estate have their bubble too.
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If this is a remake of 2013 then the real epic rally won't come for another 6 months or so. Yet, given the droning on of the last two years coupled w/ the ability to buy coins all across the world (unlike 2013) and every other market upgrade that has happened and will continue to happen, it could be an upwardly mobile choppy next few years. Perhaps a grandiose rocket lift-off that just keeps going for 3-5 years that will blow everyone's mind. The fun part is no one knows and even the pros can't call this one's landing zone.
You're right, I have to add the option "no bubbles before 6 month"
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one thing i know is that bubbles do not looks never the same, so i'm not expecting something that has already happened
but i can agree on surpassing the last ath, i'm more for 1k-10k range this time
Would you agree that each bubble has greatly exceeded the general sentiment as to where the price would top out? $10k seems to be the high end of the sentiment for the current/next bubble top. Just something to think about. i don't remember... was the sentiment before the last ath, above the last ath? what i mean is before the last ath, long before it... was everyone expecting a bigger value than 1200? Specifically referencing the time in between April 2013 and November 2013: I can remember when it reached >1,000, it was well beyond whatever I imagined it could possibly reach *in the next bubble*. If I'm recalling correctly, 1200 was way above what most everyone ever expected bitcoin to rise to at the time. At least this is what I remember the general sentiment being. No exactly true https://bitcointalk.org/index.php?topic=313818.0but it's true nobody was expecting such a quick rise... most were expecting $1000+ later, in 2014 or 2015 $1000 was a value as accepted as $10, $100 or $10 000 https://bitcointalk.org/index.php?topic=264628.0In this poll from july, 32% were expecting a top between $150 and $400 42% were expecting a top between $500 and $2000... (not too bad!) 19% were expecting a top between $3000 and $100 000 So the majority wasn't completly irrelevant afterall I make the same poll https://bitcointalk.org/index.php?topic=1238848.new#new
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So a lot of people here are agree we may have a new bubble forming in the coming months But everybody disagree about the top So I make a remake of this poll (pretty accurate for the time) https://bitcointalk.org/index.php?topic=264628.0Most analysts seem to be wrong, so I count on the wisdom of the crowd
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one thing i know is that bubbles do not looks never the same, so i'm not expecting something that has already happened
but i can agree on surpassing the last ath, i'm more for 1k-10k range this time
Would you agree that each bubble has greatly exceeded the general sentiment as to where the price would top out? $10k seems to be the high end of the sentiment for the current/next bubble top. Just something to think about. i don't remember... was the sentiment before the last ath, above the last ath? what i mean is before the last ath, long before it... was everyone expecting a bigger value than 1200? Specifically referencing the time in between April 2013 and November 2013: I can remember when it reached >1,000, it was well beyond whatever I imagined it could possibly reach *in the next bubble*. If I'm recalling correctly, 1200 was way above what most everyone ever expected bitcoin to rise to at the time. At least this is what I remember the general sentiment being. No exactly true https://bitcointalk.org/index.php?topic=313818.0but it's true nobody was expecting such a quick rise... most were expecting $1000+ later, in 2014 or 2015 $1000 was a value as accepted as $10, $100 or $10 000 https://bitcointalk.org/index.php?topic=264628.0In this poll from july, 32% were expecting a top between $150 and $400 42% were expecting a top between $500 and $2000... (not too bad!) 19% were expecting a top between $3000 and $100 000 So the majority wasn't completly irrelevant afterall
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To be honest, people do not even let it pass 500... They cash out all the time. I cant imagine a bubble anytime soon.
It's called redistribution. People cashed out when BTC price was 15, too
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I vote for being still at 404 in 7 days Thursday 12th, Bitstamp price
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