New Bubble coming? Guess the top!

[marvinrouge]

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=264628.0

Most analysts seem to be wrong, so I count on the wisdom of the crowd  

[Chef Ramsay]

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.

[marvinrouge]

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"

[abonarea]

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.

[zby]

Because of threads like this bulls will be out of money when this correction finally bottoms out.

[marvinrouge]

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.

[spazzdla]

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.

That doesn't mean this is one that just means there will be another one.

Once your last questoin starts happening we'll see one hell of a bubble.

[marvinrouge]

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

[mirana12345]

I don't consider this to be a bubble of any kind. It's just expected movement caused by increased support and influx of very good news that lately came.
If the bubble happens, i'm guessing it will be sometime next year, and it could be a big one, but doubt it will crash as fast as that in 2013.

[vendetahome]

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

[cooldgamer]

I don't think we've hit the top yet, or if we have at least for the last time.  The market is a little scared at the second, but  doesn't seem like it wants to stay lower than 400 for more than a little bit.  In the next day or two I think we'll be heading back to 500, whether or not we break through and keep going is anybody's guess.

[marvinrouge]

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.

[iv4n]

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?

[marvinrouge]

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

[MatTheCat]

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.

[marvinrouge]

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

[marvinrouge]

besides, for now we seem to have a nice gauss curb with 3000 or 4000 as a top

[chesthing]

More of this fucking brain washing. Bitcoin is nothing more than a way to fuck people out of money. This price chart after this recent pump/dump looks just like your typical shitcoin pump/dump. There's money to be made here, but please stop the fucking bullshit about how btc is going to be worth thousands someday. Enough.

[jaredboice]

More of this fucking brain washing. Bitcoin is nothing more than a way to fuck people out of money. This price chart after this recent pump/dump looks just like your typical shitcoin pump/dump. There's money to be made here, but please stop the fucking bullshit about how btc is going to be worth thousands someday. Enough.

It allows transmission of data and value with no borders or boundaries, securely, without a middle man, and doesn't need anyone's permission, and it does so for little to no fees, it's open source, and there's only going to be 21 Million of them.  Bitcoin will easily be worth thousands.  Please stop the trolling about how BTC is just a scam.  It has already grown 3 million percent since its inception only 6 years ago when it was worth $0.001.  Hello?  McFly? Do you understand the words Exponential Growth!?

[gentlemand]

It's open source, there's only going to be 21 Million of them, and it allows transmission of data and value with no borders or boundaries, without a middle man, and doesn't need anyone's permission, and it does so for little to no fees.  Bitcoin will easily be worth thousands.  Please stop the trolling about how BTC is just a scam

An AK47 is just a pile of wood and metal. It's the people who use it who do all the damage. Same goes for BTC's present condition. It needs to get into the hands of those who have a proper use for it and then it can flourish. Unfortunately they might continue to be scared away by the powerful minority who ravage it at will on the markets. That is of course their human right but they hold the price cards even after all this progress. Hopefully the cavalry will come from those who are beavering away with useful applications for it but perhaps the clock is ticking.