Why this is not a bubble

[Spaceman_Spiff]

My only reservation would be if the usd really does collapse, then all bets are off and I have no f'n idea what will happen.

I don't believe that will happen soon.

[knight22]

THIS IS MY BET

Interesting curves... but I dont think the bust will be that big. I would guess more something around 25 and 35$

[mrvision]

Interesting curves... but I dont think the bust will be that big. I would guess more something around 25 and 35$

Well that's another theory i have, in that case i bet for a triangle
http://www.investopedia.com/university/charts/charts5.asp#axzz2KXZFotAz

[johnyj]

There is an old wisdom saying that when you hear every body on the street like cook in restaurant or cleaning lady are talking about how much BTC she has purchased, then this is the end of the bubble, obviously we are far from it

And I even doubt if this wisdom works with BTC, since the fundamental of limited supply will never change regardless of how many people have knowledge about it

[LanYu]

This is why we aren't in a bubble:
http://blockchain.info/charts/miners-revenue?timespan=all&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

This is also why the price won't even peek over 27.

[Seth Otterstad]

The protocol will be upgraded this year to support usernames/email instead of 31 random characters.

huh?

I would like a source/more information on this please

He's referring the the payment protoco[1]l Gavin is working on.  It's not going to change bitcoin, just add some convenience on top.

1. https://gist.github.com/gavinandresen/2217885

"The new payment protocol adds a human-readable, cryptographically-verified identity (so you are asked to approve an 11 BTC payment to “bitcoinfoundation.org” instead of “1BTCorgHwCg6u2YSAWKgS17qUad6kHmtQW“). It also optionally lets the recipient give the sender a message confirming that their payment was received."

https://bitcoinfoundation.org/blog/?p=85