Bitcoin Forum
November 20, 2017, 06:04:18 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 3 [4]  All
  Print  
Author Topic: this is a bubble.  (Read 7602 times)
VeeMiner
Hero Member
*****
Offline Offline

Activity: 751


bitcoin hodler


View Profile
April 11, 2013, 01:34:53 PM
 #61

I don't think BTC will go under 100 USD, at least not for a long time...
1511201058
Hero Member
*
Offline Offline

Posts: 1511201058

View Profile Personal Message (Offline)

Ignore
1511201058
Reply with quote  #2

1511201058
Report to moderator
1511201058
Hero Member
*
Offline Offline

Posts: 1511201058

View Profile Personal Message (Offline)

Ignore
1511201058
Reply with quote  #2

1511201058
Report to moderator
Join ICO Now Coinlancer is Disrupting the Freelance marketplace!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1511201058
Hero Member
*
Offline Offline

Posts: 1511201058

View Profile Personal Message (Offline)

Ignore
1511201058
Reply with quote  #2

1511201058
Report to moderator
kokjo
Legendary
*
Offline Offline

Activity: 1050

You are WRONG!


View Profile
April 11, 2013, 01:36:11 PM
 #62

I don't think BTC will go under 100 USD, at least not for a long time...
tomorrow! Tongue

"The whole problem with the world is that fools and fanatics are always so certain of themselves and wiser people so full of doubts." -Bertrand Russell
Ekaros
Hero Member
*****
Offline Offline

Activity: 728



View Profile
April 11, 2013, 01:46:58 PM
 #63

I don't think BTC will go under 100 USD, at least not for a long time...

This month.

12pA5nZB5AoXZaaEeoxh5bNqUGXwUUp3Uv
http://firstbits.com/1qdiz
Feel free to help poor student!
teodor87
Full Member
***
Offline Offline

Activity: 154


Man is King!


View Profile
April 11, 2013, 01:58:37 PM
 #64

the price can not go up by 400% in only 10 weeks, price cannot go exponential.
i don't care about the people from Cyprus, or anywhere else.
anyone who says otherwise are euphoric tards, and are gonna lose money soon.

im not saying that bitcoin is going to die, only that there is coming a major correction soon.
bitcoin will be prepared for these prices in about 1-2 years.


note: im holding ~50/50 usd and btc, at current prices. so that im ready to buy when it goes down, and so that i does not cry if the price hits 200.

Exactly what I said. It is going to fall soon. When supply and demand rises, volatility rises too. Like the gold market. The deal was to buy it when it was cheap. When everyone started to buy it it was a signal to start selling. And the majority of people lost money.

A few made a fortune though.

1BXi1DWT9U8snSr8wmuL7iihqphNiPRN9k
Charm Quark
Jr. Member
*
Offline Offline

Activity: 50


Wat about the internet? Give us some of that money


View Profile
July 17, 2013, 10:41:43 AM
 #65

lol 20/20 hindsight

My psychedelic fractal art: http://j-diche.deviantart.com  >>enjoy
Tips:              1NBx1uwbWMpEVwZo8HsjYQeuDxdxxFtiwJ  >>thanks!
xenofanesSkarak
Member
**
Offline Offline

Activity: 103


View Profile
July 17, 2013, 03:43:52 PM
 #66

so when do you think we can start buying BTC for $50 again?
SOSLOVE868
Sr. Member
****
Offline Offline

Activity: 378


View Profile
July 17, 2013, 04:27:02 PM
 #67

so when do you think we can start buying BTC for $50 again?
I thought if price fall below to $50, it must be something wrong with BTC...you better think again before buying it ....
Impaler
Sr. Member
****
Offline Offline

Activity: 392



View Profile
July 17, 2013, 06:31:23 PM
 #68

so when do you think we can start buying BTC for $50 again?
I thought if price fall below to $50, it must be something wrong with BTC...you better think again before buying it ....

No I'd only say that something is wrong if it goes down to around $20 AND LTC remains near $3, at that point LTC mining would be generating greater total revenue which would be a big warning sign.

FRC:  18mAGEto3xZzfKNJPwsDVA5c2Fk5Za3nbs  http://www.freicoin.org  IRC:  Freenode #freicoin
xenofanesSkarak
Member
**
Offline Offline

Activity: 103


View Profile
July 26, 2013, 10:12:55 AM
 #69

so when do you think we can start buying BTC for $50 again?

I think sooner or later this year it will come to $50
Now its trying to pierce $100 only to lure some more buyers and than (soon) I assume it will fall - but how fast and where of course I dont know. Unfortunately I didnot have time to make detailed prediction for myself
I think it is not because of some bad banksters behind it, it is just something like natural law. The people who are in and who put money in and are trading BTC inevitably repeat some patterns of behaviour and now crowd is heading up only to fall down soon.
I think current price only shows how much people trust BTC otherwise it would not go up so high after last decline. Becuase most of people are just holding BTC and expect even bigger evaluation. And all this expectations are imprinted in the market price.
However I think $50 or even less is still reasonable price, it will not hurt almost anybody, BTC as a currency would survive it without problems and perhaps in the end it only brings more money in btc enviroment, because more people will be interested in buying. and using btc for paying goods.
And when it falled down from $266 it stopped aroud $50 so it is probable it will test this level again.

I dont think this is a bubble. Next year BTC could be $200 or more. The more people will use btc for paying common goods and services the more valuable BTC will become. And people will use it more and more everyday instead of shitty banknotes which are not already worth the paper they are printed on.
Peter Lambert
Hero Member
*****
Offline Offline

Activity: 756

It's all fun and games until somebody loses an eye


View Profile
July 26, 2013, 02:03:52 PM
 #70

so when do you think we can start buying BTC for $50 again?

I think sooner or later this year it will come to $50
Now its trying to pierce $100 only to lure some more buyers and than (soon) I assume it will fall - but how fast and where of course I dont know. Unfortunately I didnot have time to make detailed prediction for myself
I think it is not because of some bad banksters behind it, it is just something like natural law. The people who are in and who put money in and are trading BTC inevitably repeat some patterns of behaviour and now crowd is heading up only to fall down soon.
I think current price only shows how much people trust BTC otherwise it would not go up so high after last decline. Becuase most of people are just holding BTC and expect even bigger evaluation. And all this expectations are imprinted in the market price.
However I think $50 or even less is still reasonable price, it will not hurt almost anybody, BTC as a currency would survive it without problems and perhaps in the end it only brings more money in btc enviroment, because more people will be interested in buying. and using btc for paying goods.
And when it falled down from $266 it stopped aroud $50 so it is probable it will test this level again.

I dont think this is a bubble. Next year BTC could be $200 or more. The more people will use btc for paying common goods and services the more valuable BTC will become. And people will use it more and more everyday instead of shitty banknotes which are not already worth the paper they are printed on.

I think we already did the testing when we went down to 65 recently. We probably won't see the price go below 70 ever again.

Use CoinBR to trade bitcoin stocks: CoinBR.com

The best place for betting with bitcoin: BitBet.us
Anon136
Legendary
*
Online Online

Activity: 1316



View Profile
July 26, 2013, 02:06:24 PM
 #71

Imagine what height the next bubble will hit based on existing trends of BTC bubbles?

266/31*266=2282  Grin

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
xenofanesSkarak
Member
**
Offline Offline

Activity: 103


View Profile
July 27, 2013, 01:02:57 PM
 #72

I think we already did the testing when we went down to 65 recently. We probably won't see the price go below 70 ever again.


why do we need bitcoin? you need some place to live, something to eat, breath but not bitcoin.
5 years ago we lived without bitcoin and 5 years from now bitcoin might be dead. now there are hundreds of cryptocurrencies and what if somebody invents something what would be even better than bitcoin?
Do we pay with the same banknotes witch was circullating 100 years ago?
what do we use in everyday life that was common 50 years ago?
when was last time when did you burn CD or DVD?
There are not still enough money in it. I think people trade only with small fraction of bitcoins, maybe 10-20%. And only because everybody expects evaluation in the future and is holding their BTC it has some value.
but we have only 3 big exchanges with couple of small onnes. Majority of money that flows to bitcoin is perhaps from USA (I dont think many people from Cyprus invested in BTC, maybe the only one was that pure enterpreneur who made also his thread here in bitcointalk).
In our country (i am not from US) people simply have another problems and majority of common people wouldnot put money in bitcoin, wouldnot pay with btc and maybe even dont know about bitcoin.
If US goverment decide to fight against BTC or if anything else happen bitcoin might end.

Price of BTC is higher then one year ago, but did grow in the same proportion also number of goods and services that could be bought for bitcoin (except from ASIC machines etc)?
certainly we have much more web magazines writing about bitcoin, some people who made fortune on bitcoin and also plethora of other coins but otherwise it is the same as last year.
 Will you demonstrate in the streets and build barricades if price falls?
Miners need high price to get their investment back but not the users. I think it is possible that bitcoin could be $48 next month or in fall.
vokain
Legendary
*
Offline Offline

Activity: 1736


View Profile
July 28, 2013, 01:40:41 AM
 #73

I think we already did the testing when we went down to 65 recently. We probably won't see the price go below 70 ever again.


why do we need bitcoin? you need some place to live, something to eat, breath but not bitcoin.
5 years ago we lived without bitcoin and 5 years from now bitcoin might be dead. now there are hundreds of cryptocurrencies and what if somebody invents something what would be even better than bitcoin?
Do we pay with the same banknotes witch was circullating 100 years ago?


because we need a standard medium to placehold the value of things, of which the users themselves agree upon. why do we need currency? because it's hard to exchange a boar for 5 chickens if the chicken farmer doesn't want a boar. now, your question is, why do we need bitcoin? because it's a better currency than any we have had before.

         ▄█▄  ▄▄▄▄
          ▀ ▄██████▄
    ▄▄▄   ▄███▀▀███
  ▄█████▄ ▀█▀ ███▄ ▀▀
 ███▀  ▀██▄    ████▄   
 █▀ ▄██▄ ▀█▀ ▄██▀ ▀█▀ ▄██
  ▄██▀     ▄██▀     ▄██▀
 ██▀ ▄█▄ ▄██▀ ▄█▄  ██▀ ▄▄
      ▀███▀    ▀██▄  ▄██▀
     ▄▄ ▀██▄ ▄█▄ ▀█████▀
     ███▄▄██▀   ▀▀
      ▀██████▀
        ▀▀▀▀   ██▀

  █
  █
  █
████
  █
████
  █
████
  █
  █
  █


▄███▄    ▄███▄
███  ██▄ █▀▀▄
████████  ███▀
██▀ ▄███       
████████▄▄  ▄█▀
 ██████▀▀██▀▀
  ▀███▀▄▄   ▄
   ▀██▄██ ▄█▀
     ▀▀██▀▀
FULLY
ANONYMOUS

━━━━━
/

    ██▄▄              ▄▄██
   █▀  ▀█▄ ▄▄▄▄████▄██▀  ▀█
  █▀   ▄███▀▀▀       █▄   ▀█
 █▀   ▄███▄ ▄▄█▄▄     █▄   ▀█
██▄  ▄████████████▄▄  █▄  ▄██
  ▀▀██▀███████████████▄███▀▀
      ▀█▄█▀███████████▀▀
        ▀███▀███████▀
           ▀▀▀▀██▀▀
INSTANT
TRANSFER

━━━━
/

     ▄████▄
 ▄▄▄████████▄▄▄
▄██████████████▄
▀██▀ ▀█  ▀█ ███▀
 ██ ▀ █ ▀▄█ ███
▄██▄█▄█▄███▄███▄
▀██████████████▀
 ▀▀▀████████▀▀▀
     ▀████▀
API FOR YOUR
PROJECTS

━━━━

  █
  █
  █
████
  █
████
  █
████
  █
  █
  █
PARTNER PROGRAM
TOR MIRROR
MIX WALLET
.FAQ
ANN THREAD
TELEGRAM
xenofanesSkarak
Member
**
Offline Offline

Activity: 103


View Profile
July 28, 2013, 10:26:07 AM
 #74

because we need a standard medium to placehold the value of things, of which the users themselves agree upon. why do we need currency? because it's hard to exchange a boar for 5 chickens if the chicken farmer doesn't want a boar. now, your question is, why do we need bitcoin? because it's a better currency than any we have had before.

Of course I agree completely, you wrote it very good, we need some new "medium".
But I think we should not fix solely on BTC. We cannot know what level of technical invention would be common after a couple of years. My idea was that according to common sense if you look at new cryptocoins, some of them has 20 or even 10 seconds block target - several years after BTC origin. If you want to buy groceries you dont want to wait for X confirmations.
 And proof of stake was invented with PPC. And then I think Primecoin brought something new with primenumbers. It is very probable that next year, even this fall probably, we will see more inovations. More new exchanges, cryptocoin banks. And after a couple of years bitcoin could become just outdated. It would be easier to use something else instead of rectifyinng obsolete BTC which has blockchain over 10 Gb at this time (if I am correct).
When I bought LTC this spring I thought it would be soaring till summer but instead of it, MTGox still was not able to implement LTC and MTgox itself might die or decline at least soon because of constant problems and new better competitors.
BTC is tied up on current level of knoledge and technical innovations like P2P but this level is evolving almost exponentially so it makes me think that in 2140 people would hardly be paying with BTC - simply because it would be outdated. Today we have problems to read data from certain magnetic data tape, CDs are not used much as well... I mean before we had personal PC, mobiles and internet we could hardly think of practical implementation of BTC as payment method.
And very probably 20-30 years from now the level of innovations would shift us somewhere where we dont want to use BTC anymore (in its current "shape").
And besides it - there are not still enough money in it. Market cap is high, but I guess roughly 80% of mined btc never left PC so it might be just a couple of hundred millions in it. If some "high roler" like Arabian sheikh who is drowning in money would like to buy BTC he simply would have problems with such investment - if he buys all btc price would go up maybe too much, if he buys just 1 million of btc it would be so small investment that he even would not recognize it among his hundreds of other trades.... And very probably these rich people prefer holding some obsolete things such as gold or paintings or art and they dont beleive in technical innovations (somewhere I read that Carlos Slim Helu - that rich man from Mexico was/is?/ not using computer or mobile) - how can we expect that these people would be paying with BTC? And if some of these people would not put their money in cryptocoins, than it would never become some kind of mainstream payment method.
vokain
Legendary
*
Offline Offline

Activity: 1736


View Profile
July 28, 2013, 10:41:01 AM
 #75

because we need a standard medium to placehold the value of things, of which the users themselves agree upon. why do we need currency? because it's hard to exchange a boar for 5 chickens if the chicken farmer doesn't want a boar. now, your question is, why do we need bitcoin? because it's a better currency than any we have had before.

Of course I agree completely, you wrote it very good, we need some new "medium".
But I think we should not fix solely on BTC. We cannot know what level of technical invention would be common after a couple of years. My idea was that according to common sense if you look at new cryptocoins, some of them has 20 or even 10 seconds block target - now several years after BTC origin. If you want to buy groceries you dont want to wait for X confirmations.
 And proof of stake was invented with PPC. And then I think Primecoin brought something new with primenumbers. It is very probable that next year, even this fall probably, we will see more inovations. More new exchanges, cryptocoin banks. And after a couple of years bitcoin could become just outdated. It would be easier to use something else instead of rectifyinng obsolete BTC which has blockchain over 10 Gb at this time (if I am correct).
When I bought LTC this spring I thought it would be soaring till summer but instead of it, MTGox still was not able to implement LTC and MTgox itself might die or decline at least soon because of constant problems.


I wrote this about Primecoin earlier:
"also, primecoin is cool....but still doesn't really offer anything over what bitcoin does. it doesn't find new prime numbers (quite difficult to do so) but only connects prime numbers per Cunningham chains to blocks to verify validity. maybe something will come out of it, but PMC's biggest hurdle is beating the chicken and egg problem, to which BTC is a lot closer to accomplishing. imagine the economy of cryptocurrencies themselves as a chain. I imagine that people will "fork "towards the chain with the largest economy as it's the most useful. until another crypto's economy can be comparable, the largest one will keep growing the most"

PPC on the other hand, definitely warranting my attention, so thank you
for the uninitiated: http://bitcoin.stackexchange.com/questions/9082/what-is-proof-of-stake      (versus proof of work)

         ▄█▄  ▄▄▄▄
          ▀ ▄██████▄
    ▄▄▄   ▄███▀▀███
  ▄█████▄ ▀█▀ ███▄ ▀▀
 ███▀  ▀██▄    ████▄   
 █▀ ▄██▄ ▀█▀ ▄██▀ ▀█▀ ▄██
  ▄██▀     ▄██▀     ▄██▀
 ██▀ ▄█▄ ▄██▀ ▄█▄  ██▀ ▄▄
      ▀███▀    ▀██▄  ▄██▀
     ▄▄ ▀██▄ ▄█▄ ▀█████▀
     ███▄▄██▀   ▀▀
      ▀██████▀
        ▀▀▀▀   ██▀

  █
  █
  █
████
  █
████
  █
████
  █
  █
  █


▄███▄    ▄███▄
███  ██▄ █▀▀▄
████████  ███▀
██▀ ▄███       
████████▄▄  ▄█▀
 ██████▀▀██▀▀
  ▀███▀▄▄   ▄
   ▀██▄██ ▄█▀
     ▀▀██▀▀
FULLY
ANONYMOUS

━━━━━
/

    ██▄▄              ▄▄██
   █▀  ▀█▄ ▄▄▄▄████▄██▀  ▀█
  █▀   ▄███▀▀▀       █▄   ▀█
 █▀   ▄███▄ ▄▄█▄▄     █▄   ▀█
██▄  ▄████████████▄▄  █▄  ▄██
  ▀▀██▀███████████████▄███▀▀
      ▀█▄█▀███████████▀▀
        ▀███▀███████▀
           ▀▀▀▀██▀▀
INSTANT
TRANSFER

━━━━
/

     ▄████▄
 ▄▄▄████████▄▄▄
▄██████████████▄
▀██▀ ▀█  ▀█ ███▀
 ██ ▀ █ ▀▄█ ███
▄██▄█▄█▄███▄███▄
▀██████████████▀
 ▀▀▀████████▀▀▀
     ▀████▀
API FOR YOUR
PROJECTS

━━━━

  █
  █
  █
████
  █
████
  █
████
  █
  █
  █
PARTNER PROGRAM
TOR MIRROR
MIX WALLET
.FAQ
ANN THREAD
TELEGRAM
VeeMiner
Hero Member
*****
Offline Offline

Activity: 751


bitcoin hodler


View Profile
August 21, 2013, 09:31:03 AM
 #76

yeah, it was a bubble Smiley
FTWbitcoinFTW
Sr. Member
****
Offline Offline

Activity: 476



View Profile
August 21, 2013, 09:46:20 AM
 #77

watch out for the next 1 !!
that should be soon...

Lost coins only make everyone else's coins worth slightly more. Think of it as a donation to everyone.
it has lots of buttery taste..
VeeMiner
Hero Member
*****
Offline Offline

Activity: 751


bitcoin hodler


View Profile
August 21, 2013, 09:52:08 AM
 #78

watch out for the next 1 !!
that should be soon...

well the bubbles were something like year apart, so I think that the other one will take some time to come... but we might see 500 then Wink
jdbtracker
Hero Member
*****
Offline Offline

Activity: 687


Minimum Effort/Maximum effect


View Profile
August 21, 2013, 02:22:15 PM
 #79

depends we have to monitor the volume of transactions on the exchanges as well as the perceived price.. right now it seems to hover around 100 and anything above and below is demand pressure/release.

other things to monitor is the fact that BTC is so hard to get now, the exchanges will fluctuate quite a bit now that it is harder to get BTC through mining... there will be lulls between buying sprees because people will use up at least half of the BTC they are hoarding, the people mining with ASICs won't be contributing to price accretion anytime soon... too centralized.

another factor is the market, how well advertised are the products that can be bought with BTC? if it is not well known, there will be no demand and still we have to consider that BTC is relatively hard to get and new users will have a steep learning curve to figure out the BTC ecosystem(markets, businesses, system, exchanges, etc), there will be a wave pattern to demand on the exchanges.

the ASICs entering the market may be a good thing, price will increase as soon as it is generally known that mining has become more difficult.

someone has to begin analyzing the Blockchain for economic data, what are the known retailers and payment processors BTC addresses... can the flow of BTC be in a recurring pattern that flows into these known businesses?  The more BTC is flowing in a closed loop, the more predictable the business cycle will be.

but eventually, the exchanges will die, many years from now since the possession of BTC will one day be fully decentralized, no need for exchanges on a world wide currency.

If you think my efforts are worth something; I'll keep on keeping on.
I don't believe in IQ, only in Determination.
Pages: « 1 2 3 [4]  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!