We Are Making History

[Amph]

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?

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[Hyena]

Could you explain a bit more what do you mean when you say we could fall down for the last time and leaving more people poorer?
Do you think this could be the final crash and after that Bitcoin is dead?
If this what you try to say I think I disagree. I believe it could be the case if your bubble and high price, up to 10k and more, becomes reality, we will never ever again see any 3 digits.Meaning low 4 digits will be the new bottom.

we rise to 5 000 000$ per bitcoin, then fall down to 200 000$ and never reach 5 000 000 $ ever again.

and I never meant that bitcoin would be dead after that. it's just that people who bought in at 5 000 000 $ per btc would be poorer.

[crazyivan]

This is spectacular. The volume will surpass its old ATH any day now. This bubble is going to dwarf all the previous ones. Expect a bubble comparable to 2011 bubble by its order of magnitude. 0.5$ -> 30$ was a 60x rise. 220$ ->13200$ would also be a 60x rise.
 

Haha. If we get to $13200, you can count me on sending you a yearly supply of beer to celebrate this.

I dont think we ll go that high, my best guess is about $3k per BTC by August 2016.

[SmoothCurves]

13k is chump change. This is the start of the most epic bull run in bitcoin's history. This is going to end up north of 100k usd per Bitcoin.

There fixed it for ya

Agreed 

[the_poet]

$13k seems a bit too much. IMO the next spike will be around $4k-$5k and then settle at $1k-$2k (this is the new amount people will refer to as "cheap coins"), until the next bubble.

[mrbrt]

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.

[SmoothCurves]

Could you explain a bit more what do you mean when you say we could fall down for the last time and leaving more people poorer?
Do you think this could be the final crash and after that Bitcoin is dead?
If this what you try to say I think I disagree. I believe it could be the case if your bubble and high price, up to 10k and more, becomes reality, we will never ever again see any 3 digits.Meaning low 4 digits will be the new bottom.

we rise to 5 000 000$ per bitcoin, then fall down to 200 000$ and never reach 5 000 000 $ ever again.

and I never meant that bitcoin would be dead after that. it's just that people who bought in at 5 000 000 $ per btc would be poorer.

$200k isn't enough....
Bitcoin is destined to be at least $1M each

https://www.tradingview.com/chart/BTCUSD/P8X2S1MW-Bitcoin-s-Future-Shape-13000-and-120k/

[marvinrouge]

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=313818.0

but 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=264628.0

In 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

[Hyena]

$200k isn't enough....
Bitcoin is destined to be at least $1M each

I said we would fall down to 200k. It means 200k would be the bottom. Of course it will grow higher as we come out of the bottom but it would never reach 5 000 000 again.

[SmoothCurves]

$200k isn't enough....
Bitcoin is destined to be at least $1M each

I said we would fall down to 200k. It means 200k would be the bottom. Of course it will grow higher as we come out of the bottom but it would never reach 5 000 000 again.

I actually sort of agree with this assessment. We would never reach 5M mainly due to the probable arrival of a super intelligence and an intelligence explosion thereafter. Possibly rendering money, digital or otherwise, obsolete.


See: http://hplusmagazine.com/2013/12/23/infinity-point-will-arrive-by-2035-latest/
See: http://www.kurzweilai.net/the-law-of-accelerating-returns

[electronicfactura]

Bitcoin is still too young and really we are part of this evolving period of Bitcoin and witnessing the making of history for new digital currency where Bitcoin will be core/base currency to set value of other digital currency.There will be many ups and downs regarding price till we reach there.All we need to hold some Bitcoins for a bright and wealthier future.

[marvinrouge]

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=313818.0

but 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=264628.0

In 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

[Mickeyb]

I can tell you one thing, if it does get to $13,200 as per your figures, there is going to be plenty of people kicking themselves for not buying more coins earlier on....

...me included.

Yes, I actually started thinking to buy more when I woke up this morning and saw a pullback. Then I started thinking that it could go to $350 maybe just shortly, so I can buy but now it's over $400.

Now I don't know what to do. Should I buy or wait. And threads and analysis like this are not helping me at all!

[spazzdla]

I love the ideas in this thread lol.

[Hyena]

Yes, I actually started thinking to buy more when I woke up this morning and saw a pullback. Then I started thinking that it could go to $350 maybe just shortly, so I can buy but now it's over $400.

Now I don't know what to do. Should I buy or wait. And threads and analysis like this are not helping me at all!

buy some now, put some buy orders for lower prices.

[zimmah]

To be honest, people do not even let it pass 500... They cash out all the time. I cant imagine a bubble anytime soon.

This is just the pre-bubble.

[talks_cheep]

LOL @200K$ Bitcoin!!!

We can't even stay above 500, let alone 200K. It's like NASA announcing the discovery of water on Mars, and people speculating about intelligent life forms there. There's no such a thing there, it's a dead planet. BTC will never amount to $200K, may be $2000 tops.

[MatTheCat]

It stopped, you can zoom in and out as you please.
Maybe you mean it hasn't retraced 100%, it hasn't popped? I don't care, even if it goes 1000 tomorrow my point stands: it's manipulation.

You bet it's manipulation!

And now that the market has just come through a period of trending around and under the 61.8% retracement zone from the ATH, if you were a whale, smart money, a market maker, how high do you think you could pump the next bubble, and how many bazillions of USD do you think you could cream out of the market when you decide that the high is in and start selling, and stop supporting? Would $500 really be your answer?

[zimmah]

It stopped, you can zoom in and out as you please.
Maybe you mean it hasn't retraced 100%, it hasn't popped? I don't care, even if it goes 1000 tomorrow my point stands: it's manipulation.

You bet it's manipulation!

And now that the market has just come through a period of trending around and under the 61.8% retracement zone from the ATH, if you were a whale, smart money, a market maker, how high do you think you could pump the next bubble, and how many bazillions of USD do you think you could cream out of the market when you decide that the high is in and start selling, and stop supporting? Would $500 really be your answer?

Don't worry, wall street is watching.

It won't be long before they do more than watch.

[MatTheCat]

Don't worry, wall street is watching.

It won't be long before they do more than watch.

How do you know they already aren't in?

But for one, Bitcoin market cap is way too small for Wall Street to get heavily involved in direct Bitcoin investment

And besides, if anyone thinks that Wall Street is going to make Joe public rich by pouring vast sums off cash into Bitcoin, then they are very much mistaken. It is Joe public who will be making Wall Street rich by pouring vast sums into Bitcoin.