misterbigg (OP)
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Activity: 1064
Merit: 1001
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August 15, 2012, 05:48:52 PM |
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When are we going to see the price settle back down for a brief interval before resuming its inexorable upward plod?
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RodeoX
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Activity: 3066
Merit: 1147
The revolution will be monetized!
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August 15, 2012, 05:50:36 PM |
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1:56pm Eastern time. No, You are asking an un-answerable question.
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cheat_2_win
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August 15, 2012, 05:53:48 PM |
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When are we going to see the price settle back down for a brief interval before resuming its inexorable upward plod?
A better question will be how high will it go before popping and how low it will be? One very real possibility is the the low after the next crash might be a lot higher than the current price. |
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Technomage
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Activity: 2184
Merit: 1056
Affordable Physical Bitcoins - Denarium.com
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August 15, 2012, 06:04:15 PM |
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The foundation of this "bubble" is very strong. I'm not even sure that we have a bubble yet. That phase might just be beginning.
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Denarium closing sale discounts now up to 43%! Check out our products from here! |
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waspoza
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August 15, 2012, 06:12:02 PM |
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The foundation of this "bubble" is very strong. I'm not even sure that we have a bubble yet. That phase might just be beginning.
Doesn't looks like a bubble to me, far from hockey stick shape. Maybe later some panic buynig will form bubble, but so far its slow and steady, healthy growth. |
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Serge
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Activity: 1050
Merit: 1000
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August 15, 2012, 06:32:40 PM |
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agree, this isn't bubble yet, just more demand than what's available out there
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klaus
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Activity: 1946
Merit: 1004
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August 15, 2012, 06:40:43 PM |
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no bubble.
more buyer, than seller. thats all.
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bitmessage:BM-2D9c1oAbkVo96zDhTZ2jV6RXzQ9VG3A6f1
threema:HXUAMT96
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ElectricMucus
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Activity: 1666
Merit: 1057
Marketing manager - GO MP
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August 15, 2012, 06:45:11 PM |
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Prisoners Dilemma as a practical joke.
this is just a notch more complicatedobvious.
popcorn.gif
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evolve
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August 15, 2012, 06:49:40 PM |
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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.
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pyromaniac
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August 15, 2012, 06:50:30 PM |
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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.
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ElectricMucus
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Activity: 1666
Merit: 1057
Marketing manager - GO MP
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August 15, 2012, 06:54:08 PM |
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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.
may I rent your crystal balls some time? (no pun intended) |
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axus
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August 15, 2012, 07:02:21 PM |
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If history repeats itself, there will be a 100% increase in a very short period, then the bubble pops.
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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August 15, 2012, 07:03:29 PM |
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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
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ElectricMucus
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Activity: 1666
Merit: 1057
Marketing manager - GO MP
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August 15, 2012, 07:05:13 PM |
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What's with all the new signups and their crystal balls?
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Kupsi
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Activity: 1193
Merit: 1003
9.9.2012: I predict that single digits... <- FAIL
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August 15, 2012, 07:08:07 PM |
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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. |
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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August 15, 2012, 07:11:12 PM |
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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.... |
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kentrolla
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August 15, 2012, 07:12:40 PM |
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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 |
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cheat_2_win
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August 15, 2012, 07:13:33 PM |
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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  |
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Kupsi
Legendary
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Activity: 1193
Merit: 1003
9.9.2012: I predict that single digits... <- FAIL
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August 15, 2012, 07:13:52 PM |
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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.) |
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mp420
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August 15, 2012, 07:16:04 PM |
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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. |
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