Bitcoin Forum
December 13, 2017, 03:47:40 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Poll
Question: When will the bubble be corrected?
17.50
18
19
20
22
24
28
32
40+
Its not a bubble... legit demand pushing price higher.

Pages: [1] 2 »  All
  Print  
Author Topic: [Poll] Assuming its a bubble, when will it pop?  (Read 2438 times)
adamstgBit
Legendary
*
Offline Offline

Activity: 1904


Trusted Bitcoiner


View Profile WWW
January 22, 2013, 10:31:55 PM
 #1


1513136860
Hero Member
*
Offline Offline

Posts: 1513136860

View Profile Personal Message (Offline)

Ignore
1513136860
Reply with quote  #2

1513136860
Report to moderator
1513136860
Hero Member
*
Offline Offline

Posts: 1513136860

View Profile Personal Message (Offline)

Ignore
1513136860
Reply with quote  #2

1513136860
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1513136860
Hero Member
*
Offline Offline

Posts: 1513136860

View Profile Personal Message (Offline)

Ignore
1513136860
Reply with quote  #2

1513136860
Report to moderator
nobbynobbynoob
Hero Member
*****
Offline Offline

Activity: 756


Annuit cœptis humanae libertas


View Profile WWW
January 22, 2013, 11:05:33 PM
 #2

Given that I believe commodity monies are grotesquely undervalued - I certainly have no plan on buying fiat with my BTC even at triple the current prices, honestly - I think this is a bit of a "bubble" only because the price is rising so quickly. Of course, in a few years, should the price be $5000 per BTC ($5 per BTM) or whatever, we can all look back to the fond memories of these earlier days and laugh that we thought this rally (or indeed the 2011 spike) was a big deal! Smiley

Earn Free Bitcoins!   Earn bitcoin via BitcoinGet
BTC tip: 1PKkvuwC24Vqjv9odigXs1QVzE66jEJqmb (if <200 µBTC, please donate to charity)
LTC tip: LRqXaNdF79QHvhPpS5AZdEJZnLiNnAkJvq (if <Ł0,05, please donate to charity)
Bitcopia
Hero Member
*****
Offline Offline

Activity: 715



View Profile
January 22, 2013, 11:12:53 PM
 #3

I think this is a bit of a "bubble" only because the price is rising so quickly.

Agreed. And I have been staring at that picture of the bubble for far too long.

bitcopia.com
1APVb1emdtvd53BNw9wNEbY4m8nqdGmTM2
"The youth who can solve the money question will do more for the world than all the professional soldiers of history." - Henry Ford Sr.
Herodes
Hero Member
*****
Offline Offline

Activity: 868


View Profile
January 23, 2013, 01:13:02 AM
 #4

After the first bubble, Gavin predicted we would have at least 2 more major bubbles before the price stabilizes.
CurbsideProphet
Hero Member
*****
Offline Offline

Activity: 672


View Profile
January 23, 2013, 01:43:24 AM
 #5

No idea, but that's a cool pic. 

1ProphetnvP8ju2SxxRvVvyzCtTXDgLPJV
Third Way
Full Member
***
Offline Offline

Activity: 238



View Profile
January 23, 2013, 02:11:46 AM
 #6

Who's Gavin?

blease resbond -> 1BYJKxpntNn6TZbM5M5CWkEb8vr8vDcBrr
dree12
Legendary
*
Offline Offline

Activity: 1246



View Profile
January 23, 2013, 02:19:20 AM
 #7

It is in fact highly unlikely that the price will both reach an all-time high and not retrace significantly. Bitcoin's history (albeit short) does not allow for this phenomenon:
knight22
Legendary
*
Offline Offline

Activity: 1372


--------------->¿?


View Profile
January 23, 2013, 02:32:44 AM
 #8

Who's Gavin?

https://bitcointalk.org/index.php?action=profile;u=224

Elwar
Legendary
*
Offline Offline

Activity: 2310


www.bitpools.com


View Profile WWW
January 23, 2013, 02:46:50 AM
 #9

The last time the price was in this range it would go haywire whenever the price hit $20.

Stable stable stable...$20...rollercoaster ride...stable stable stable...$20...insanity

http://www.bitpools.com
Pool your bitcoins with others. Vote on solutions using the Bitcoin blockchain. Keep your bitcoins in your cold storage until you find a solution you like.
Links and Reviews of useful every day places to spend bitcoins: https://bitcointalk.org/index.php?topic=943143.0
jl2012
Legendary
*
Offline Offline

Activity: 1750


View Profile
January 23, 2013, 09:35:22 AM
 #10

It is in fact highly unlikely that the price will both reach an all-time high and not retrace significantly. Bitcoin's history (albeit short) does not allow for this phenomenon:


Very interesting. But do you see the lows after retrace are always higher than the last all-time high? If this is correct, then we will never go below $31.9 again after the next all-time-high

And don't forget, by definition, retrace is the ONLY possible event immediately following an "all-time high", or that won't be called an all-time high.

Donation address: 374iXxS4BuqFHsEwwxUuH3nvJ69Y7Hqur3 (Bitcoin ONLY)
LRDGENPLYrcTRssGoZrsCT1hngaH3BVkM4 (LTC)
PGP: D3CC 1772 8600 5BB8 FF67 3294 C524 2A1A B393 6517
dree12
Legendary
*
Offline Offline

Activity: 1246



View Profile
January 23, 2013, 01:12:39 PM
 #11

It is in fact highly unlikely that the price will both reach an all-time high and not retrace significantly. Bitcoin's history (albeit short) does not allow for this phenomenon:


Very interesting. But do you see the lows after retrace are always higher than the last all-time high? If this is correct, then we will never go below $31.9 again after the next all-time-high

And don't forget, by definition, retrace is the ONLY possible event immediately following an "all-time high", or that won't be called an all-time high.

I'm saying that with new highs comes departing stability. If we do reach a new high, we will not be plateauing there—up and down but not sideways.
solex
Legendary
*
Offline Offline

Activity: 1078


100 satoshis -> ISO code


View Profile
January 24, 2013, 06:45:29 AM
 #12


Very interesting. But do you see the lows after retrace are always higher than the last all-time high? If this is correct, then we will never go below $31.9 again after the next all-time-high


And $31 is an interesting level because the 365-day average spot (London fix) silver price is $31.15

Expect news headlines when one bitcoin buys more than 1oz of silver.

ineededausername
Hero Member
*****
Offline Offline

Activity: 784


bitcoin hundred-aire


View Profile
March 19, 2013, 01:20:14 PM
 #13

Looks like everyone was wrong except the $40+ people!  adam didn't have the foresight to have options for $60, $100, etc Tongue

(BFL)^2 < 0
BitPirate
Full Member
***
Offline Offline

Activity: 238


RMBTB.com: The secure BTC:CNY exchange. 0% fee!


View Profile
March 19, 2013, 01:24:23 PM
 #14

Exactly... Sometimes things don't pop.

I've witnessed the China real estate "bubble". People made fortunes while many stood at the sidelines shouting "bubble". It wasn't. Immature markets inflate quickly. When we look back, we realise how cheap things were.

Akka
Legendary
*
Offline Offline

Activity: 1162



View Profile
March 19, 2013, 01:24:57 PM
 #15

THX for Bumping this.

Amazing, I voted 18  Roll Eyes .

Good thing I don't speculate, or I would kick myself in the Ass, now.

All previous versions of currency will no longer be supported as of this update
jubalix
Legendary
*
Offline Offline

Activity: 1680


View Profile
March 19, 2013, 01:30:55 PM
 #16

Exactly... Sometimes things don't pop.

I've witnessed the China real estate "bubble". People made fortunes while many stood at the sidelines shouting "bubble". It wasn't. Immature markets inflate quickly. When we look back, we realise how cheap things were.

This I was in china Shanghai in 2005

I looked at real estate prices and could not believe how cheap it was considering the infrastructure level

I was right

Admitted Practicing Lawyer::BTC/Crypto Specialist.
B.Engineering/B.Laws
Vladimir
Hero Member
*****
Offline Offline

Activity: 812


-


View Profile
March 19, 2013, 01:33:03 PM
 #17

The poll is rigged! I do not see 100 000$ and 1 000 000$ option. Not even 100$ and 500$.  Roll Eyes


-
BitPirate
Full Member
***
Offline Offline

Activity: 238


RMBTB.com: The secure BTC:CNY exchange. 0% fee!


View Profile
March 19, 2013, 01:37:07 PM
 #18

Exactly... Sometimes things don't pop.

I've witnessed the China real estate "bubble". People made fortunes while many stood at the sidelines shouting "bubble". It wasn't. Immature markets inflate quickly. When we look back, we realise how cheap things were.

This I was in china Shanghai in 2005

I looked at real estate prices and could not believe how cheap it was considering the infrastructure level

I was right

Yeah me too... since '99.... from cheap-as-chips houses and empty nightclubs to London prices (and Lamborghinis on the streets) in a decade. And no big pop at the end of it -- just a market levelling out.

jubalix
Legendary
*
Offline Offline

Activity: 1680


View Profile
March 19, 2013, 03:08:34 PM
 #19

Exactly... Sometimes things don't pop.

I've witnessed the China real estate "bubble". People made fortunes while many stood at the sidelines shouting "bubble". It wasn't. Immature markets inflate quickly. When we look back, we realise how cheap things were.

This I was in china Shanghai in 2005

I looked at real estate prices and could not believe how cheap it was considering the infrastructure level

I was right

Yeah me too... since '99.... from cheap-as-chips houses and empty nightclubs to London prices (and Lamborghinis on the streets) in a decade. And no big pop at the end of it -- just a market levelling out.

Dead right

the only problem is security of tenure for foreign owner and how to buy....its quite a nightmare....and they can easily kick a Westerner out for a million reasons

Admitted Practicing Lawyer::BTC/Crypto Specialist.
B.Engineering/B.Laws
Elwar
Legendary
*
Offline Offline

Activity: 2310


www.bitpools.com


View Profile WWW
March 28, 2013, 08:07:20 PM
 #20

It is in fact highly unlikely that the price will both reach an all-time high and not retrace significantly. Bitcoin's history (albeit short) does not allow for this phenomenon:


So how long before Bitcoin passes $32 based on this chart?

http://www.bitpools.com
Pool your bitcoins with others. Vote on solutions using the Bitcoin blockchain. Keep your bitcoins in your cold storage until you find a solution you like.
Links and Reviews of useful every day places to spend bitcoins: https://bitcointalk.org/index.php?topic=943143.0
Pages: [1] 2 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!