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Warrior B (OP)
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June 03, 2016, 11:10:26 PM
 #41

So it seems the halving might be the trigger if this starts accelerating...  Roll Eyes
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June 04, 2016, 12:08:40 AM
 #42

Been reading a lot of people here in the speculation section. A lot of people on this forum believe there will be more bubble's in the next few years (including myself).

My question: What do you think will trigger the next bubble?  Huh

Heard a lot of theories such as ETF, the 2016 halving, the 2020 halving, a global financial crisis, etc.



The halving could lead to BitCoin exploding in price or it could do nothing,nobody knows. i also think Euro/Usd price becoming weaker will contribute to BitCoins rise.
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June 04, 2016, 12:15:27 AM
 #43

So it seems the halving might be the trigger if this starts accelerating...  Roll Eyes

Halving is helping for sure, but for the most part, people just needed an excuse to buy more, push the price higher..
I have seen a lot of times through the years price moving alot for no reason.. atleast that we knew of.
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June 04, 2016, 12:44:45 AM
 #44

At some point wall street will realize that bitcoin is a new asset class. A minimal value of an asset class is in trillions, like $7-8 tril for gold, much more for stocks, bonds and real estate.
Once this realization occurs, they will also realize that about 16 mil (out of 21 mil) bitcoins are already issued/mined, so the options are just two: try to mine the rest OR try to wrestle the existing btc from the current owners. Naturally, the latter can only occur when the current owners sell out, which could only be achieved by the rising price and/or volatility.
Both rising price and tremendous volatility would ensue, in my opinion.
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June 06, 2016, 11:08:18 AM
 #45

So it seems the halving might be the trigger if this starts accelerating...  Roll Eyes

Halving is helping for sure, but for the most part, people just needed an excuse to buy more, push the price higher..
I have seen a lot of times through the years price moving alot for no reason.. atleast that we knew of.

The halving will not make the bitcoin price fly very high. The general usage of the bitcoin will make it useful, and price high.
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July 19, 2016, 07:19:52 PM
 #46

I thought we would have a bubble by now (generated by the halving), guess I was wrong.

I now believe that the only way we can have a new bubble is through a new Macroeconomic event that makes Bitcoin very useful. Also, I think we have to solve some scaling issues in order to be used by the general public.
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July 19, 2016, 08:12:35 PM
 #47

I thought we would have a bubble by now (generated by the halving), guess I was wrong.

I now believe that the only way we can have a new bubble is through a new Macroeconomic event that makes Bitcoin very useful. Also, I think we have to solve some scaling issues in order to be used by the general public.

The price kept increasing all the way to nearly $800 in quite a short time due to the block halving last month. Wasn't that enough? And just out of interest, what kind of bubble were you expecting, and how high was your target price? The block halving is just a simple happening where the rewards fall down with 50% and that's it. In a matter of months the price nearly doubled in value, so everything went fine. Lower block rewards are nearly fully compensated with a higher price.
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July 19, 2016, 08:24:35 PM
 #48

At some point wall street will realize that bitcoin is a new asset class. A minimal value of an asset class is in trillions, like $7-8 tril for gold, much more for stocks, bonds and real estate.
Once this realization occurs, they will also realize that about 16 mil (out of 21 mil) bitcoins are already issued/mined, so the options are just two: try to mine the rest OR try to wrestle the existing btc from the current owners. Naturally, the latter can only occur when the current owners sell out, which could only be achieved by the rising price and/or volatility.
Both rising price and tremendous volatility would ensue, in my opinion.

This is what i can see as quite possibly happening,  im actually surprised it hadn't happened yet.  Once we get a price rise that might change though as media outlets around the world start delivering positive news about bitcoin and wall Street starts taking it seriously.

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July 19, 2016, 09:38:31 PM
 #49

A unique asset class ? Im not sure as we already have digital currency, there is quite a few operating with no need for coins or notes anymore but we continue that as an old legacy for the comfort of some.   Just like some want to have an actual bitcoin in their pocket.

Is cryptographic currency superior to national centrally controlled currency, if we could somehow see that clear advantage then I will start to agree what we have here now is a new asset class

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July 19, 2016, 09:57:23 PM
 #50

I think The trigger of the next bubble is when a big companies would accept bitcoin like google,facebook,etc. it will make the price rise fast, than we can imagine because the demand of bitcoin would increase just in a while.

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July 19, 2016, 11:21:04 PM
 #51

Been reading a lot of people here in the speculation section. A lot of people on this forum believe there will be more bubble's in the next few years (including myself).

My question: What do you think will trigger the next bubble?  Huh

Heard a lot of theories such as ETF, the 2016 halving, the 2020 halving, a global financial crisis, etc.



The halving could lead to BitCoin exploding in price or it could do nothing,nobody knows. i also think Euro/Usd price becoming weaker will contribute to BitCoins rise.

Its not just the halving, which adds on top of the worlds stress of their financial system.

But its whats been going on lately. You got also things thats under way with bitcoins etf as well - with the twins approach on being on another exchange BATS.

And other things thats coming towards bitcoin becoming more able to grow for non-traditional users who dont have to bother with the education.
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July 19, 2016, 11:38:19 PM
 #52

We could be in a bubble with the recent increases in price before the halving but it's hard to tell. I would be suspicious of any big increase in price because it could be someone manipulating the price to cash in or it could be just a temporary bump in price because of some good news.

 
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July 19, 2016, 11:53:59 PM
 #53

Winklevoss ETF combined with the halving would be huge.
Well, we got a nice pop up from $420--I have no clue if that was due to those factors or not.  I assume the halving had something to do with it, or at least speculation about the halving.  Hopefully we can stay at this level for a while.  Would also be nice if we could blow past $1000.

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July 20, 2016, 01:14:41 AM
 #54

I think The trigger of the next bubble is when a big companies would accept bitcoin like google,facebook,etc. it will make the price rise fast, than we can imagine because the demand of bitcoin would increase just in a while.
Exactly. Yelp is doing a good job of identifying businesses that accept bitcoin. If there was a bigger company that adopted, then pricing would increase significantly.
Winklevoss ETF combined with the halving would be huge.
Well, we got a nice pop up from $420--I have no clue if that was due to those factors or not.  I assume the halving had something to do with it, or at least speculation about the halving.  Hopefully we can stay at this level for a while.  Would also be nice if we could blow past $1000.
Settling at $1000 for the next 12 to 18 months would be great.
Warrior B (OP)
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July 20, 2016, 12:26:04 PM
 #55

At some point wall street will realize that bitcoin is a new asset class. A minimal value of an asset class is in trillions, like $7-8 tril for gold, much more for stocks, bonds and real estate.
Once this realization occurs, they will also realize that about 16 mil (out of 21 mil) bitcoins are already issued/mined, so the options are just two: try to mine the rest OR try to wrestle the existing btc from the current owners. Naturally, the latter can only occur when the current owners sell out, which could only be achieved by the rising price and/or volatility.
Both rising price and tremendous volatility would ensue, in my opinion.

This is what i can see as quite possibly happening,  im actually surprised it hadn't happened yet.  Once we get a price rise that might change though as media outlets around the world start delivering positive news about bitcoin and wall Street starts taking it seriously.

This would be great, however I see this happening somewhere in about 2 to 20 years
Warrior B (OP)
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July 20, 2016, 11:25:00 PM
 #56

I thought we would have a bubble by now (generated by the halving), guess I was wrong.

I now believe that the only way we can have a new bubble is through a new Macroeconomic event that makes Bitcoin very useful. Also, I think we have to solve some scaling issues in order to be used by the general public.

The price kept increasing all the way to nearly $800 in quite a short time due to the block halving last month. Wasn't that enough? And just out of interest, what kind of bubble were you expecting, and how high was your target price? The block halving is just a simple happening where the rewards fall down with 50% and that's it. In a matter of months the price nearly doubled in value, so everything went fine. Lower block rewards are nearly fully compensated with a higher price.

I would consider a "bubble" only if we pass ATH significantly.

I don't have a target price, I'm here for the long run, even if we pass ATH I would probably HODL for some more years.
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