unununium
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July 02, 2015, 04:52:38 PM |
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the last two bubbles They were false and caused by willy bot...
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Amph
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July 02, 2015, 07:02:36 PM |
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the last two bubbles They were false and caused by willy bot... there were two bubbles caused by willy? i'm only aware of one, the other in 2011 with x25/x30 increased wasn't certainly caused by any bills another little bubble was the one in april 2013, when the price rised x2.3, and again it wasn't billy at all
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rjclarke2000
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July 02, 2015, 10:18:38 PM |
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the last two bubbles They were false and caused by willy bot... there were two bubbles caused by willy? i'm only aware of one, the other in 2011 with x25/x30 increased wasn't certainly caused by any bills another little bubble was the one in april 2013, when the price rised x2.3, and again it wasn't billy at all He's trolling and you're falling for it. Unless you really believe any Bitcoin pump was caused by a bot I thought it was common knowledge that the one in December 2013 was caused by Chinese markets. People were moving money out of the country and as a result their government banned Bitcoin in Spring 2014. What could trigger the next bubble? I mean for it to increase 10x etc it'll need huge amounts to be bought up. Something massive needs to happen. Some black swan event........... Or ETF
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Amph
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July 03, 2015, 08:34:51 AM |
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the last two bubbles They were false and caused by willy bot... there were two bubbles caused by willy? i'm only aware of one, the other in 2011 with x25/x30 increased wasn't certainly caused by any bills another little bubble was the one in april 2013, when the price rised x2.3, and again it wasn't billy at all He's trolling and you're falling for it. Unless you really believe any Bitcoin pump was caused by a bot I thought it was common knowledge that the one in December 2013 was caused by Chinese markets. People were moving money out of the country and as a result their government banned Bitcoin in Spring 2014. no one said that willy bot wasn't a chinese bot, so the point stand, maybe he was trolling but i don't think he certainly know if there weren't other big bot in the past that caused a rally i was curious to find this out...
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gkv9
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!!! RiSe aBovE ThE StoRm !!!
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July 03, 2015, 08:55:11 AM |
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If this is to turn out real, this will show the limits of how speculation can turn out into reality... Will need to buy some coins as if this really happens, we also need to have some coins already on hands in order to be something at that time, as just talks won't get us anywhere I guess...
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meh32123
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July 03, 2015, 11:13:26 AM |
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How come this thread has no charts??
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BitcoinNewbie15
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Bitcoin isn't a bubble. It's the pin!
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July 03, 2015, 04:25:00 PM |
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Unfortunately, there is no guarantee that Bitcoin will indeed have another bubble. I believe that it is possible for Bitcoin to have another bubble and I personally hope that it does. But, no one knows for sure.
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gentlemand
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Welt Am Draht
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July 03, 2015, 07:06:55 PM |
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Unfortunately, there is no guarantee that Bitcoin will indeed have another bubble. I believe that it is possible for Bitcoin to have another bubble and I personally hope that it does. But, no one knows for sure.
If you believe it will rise and more people adopting it will happen, a resulting bubble is borderline inevitable. That's just how human psychology works with something of this nature. A steady stairway upwards is better for everyone and everything but if there's demand, hype and not that much to go around there'll continue to be violent spikes. Having said that, the landscape post Gox is now so much more widely distributed it'll be interesting to see what shape any type of bubble would take.
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BTCtrader71
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July 03, 2015, 07:36:31 PM |
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the last two bubbles They were false and caused by willy bot... Damn straight. Bitcoin market manipulation may have happened in the past, but never again; ergo, no more bubbles. Q.E.D. Regulation has begun to kick in -- thank goodness for that -- and regulation definitely eliminates manipulation. Another few years of mainstreaming and the bitcoin indices will be as trustworthy and squeaky clean as, ummm, Libor .... errr, wait a minute ...
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BTC: 14oTcy1DNEXbcYjzPBpRWV11ZafWxNP8EU
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ajw7989
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July 03, 2015, 10:47:30 PM |
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the last two bubbles They were false and caused by willy bot... Damn straight. Bitcoin market manipulation may have happened in the past, but never again; ergo, no more bubbles. Q.E.D. Regulation has begun to kick in -- thank goodness for that -- and regulation definitely eliminates manipulation. Another few years of mainstreaming and the bitcoin indices will be as trustworthy and squeaky clean as, ummm, Libor .... errr, wait a minute ... I would not say a bubble will NEVER occur again. It is more unlikely but would never say never. IF something bizarre happens again or very huge news comes out its possible (for example listed on US stock exchange). I doubt the bubble would be as big as $1000 but you never know.
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jehst
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July 03, 2015, 10:57:06 PM Last edit: July 03, 2015, 11:17:02 PM by jehst |
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The introduction of shorting may have helped stabilize bitcoin. May 2014 would've probably turned into a bubble in the long-only days.
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Year 2021 Bitcoin Supply: ~90% mined Supply Inflation: <1.8%
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XxionxX
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Digital money you say?
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July 04, 2015, 12:28:23 AM |
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The bottom is in at 152$, trust me. At least 2 people have confirmed it as this number appeared in their dreams prior to the actual manifestation of the bottom itself.
Beautiful.
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FAP Turbo 2.0, the FOREX trading robot which also trades bitcoin! I had to link it because I love the name. Seriously, that is the real name.
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Ahab_Hunter_of_BearWhale
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July 04, 2015, 01:22:24 PM |
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Then again if 1 bitcoin hits $10,000 instead of a mass sell off people could be thinking - Wow $1 gets me 10,000 Satoshi's!
Likely as prices rise people will start to price things in terms of Satoshi's relative to other currencies, and less so in terms of a whole Bitcoin.
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Amph
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July 04, 2015, 03:14:26 PM |
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Then again if 1 bitcoin hits $10,000 instead of a mass sell off people could be thinking - Wow $1 gets me 10,000 Satoshi's!
Likely as prices rise people will start to price things in terms of Satoshi's relative to other currencies, and less so in terms of a whole Bitcoin.
with that price fees could start to be seen as expensive and faucets should change their reward for sure but it would not be a bubble of few days, the time for adapting will be abundant, for when we can attain such value
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Ahab_Hunter_of_BearWhale
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July 05, 2015, 06:01:10 PM |
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Then again if 1 bitcoin hits $10,000 instead of a mass sell off people could be thinking - Wow $1 gets me 10,000 Satoshi's!
Likely as prices rise people will start to price things in terms of Satoshi's relative to other currencies, and less so in terms of a whole Bitcoin.
with that price fees could start to be seen as expensive and faucets should change their reward for sure but it would not be a bubble of few days, the time for adapting will be abundant, for when we can attain such value Perhaps the fee's will simply collapse down further decimal places. So with the hypothetical of $1 dollar equaling 10,000 Satoshi's you could still collapse the fee down to a single Satoshi as the smallest unit still allowing the cost of transferring $1 dollar to be as little as $.0001 dollars. Now that's still extremely low a fee to transfer value. Of course for such a hypothetical mining would become a much larger economic expenditure and common activity worldwide.
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wachtwoord
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July 05, 2015, 06:06:14 PM |
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We go a power of ten every time so I'd expect $10k-$90k for round 5
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