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Author Topic: What will the next BTC bubble be... (after this pops)  (Read 1461 times)
Mikcik (OP)
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June 21, 2017, 11:46:53 AM
 #1

So we are most likely on a bubble (but i believe we are going higher). And please dont be stupid and dont tell me we are not in a bubble. We are... My believe is that once it pops (my estimate is that it will go to something around 3500 or even higher). Poeple said 5000 i dont know about that. My amateurish expecatation is pop at 3500 (or even higher because of sgwit) and then crash (dont know how low, i would hope for 1300) and then stabilize around 1800-2200 range for several months (i hope not few years :-D :-( ).

My question aims even further- what will the next bubble after this one be? What will be the reason to push BTC (little) over 10 000 USD per BTC in the next dew years?
My tip is the "collapse" of EU or some countries within EU (European Union) and the flight of money out of the country (i dont believe USD will collapse anytime soon (i used to believe it few years back, but im out of this mindset)?

What will the reason behind the next BTC bubble be?
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June 21, 2017, 12:31:14 PM
 #2

Perhaps a major war in the middle east(Saudi Arabia,USA,Izrael vs.Iran,Turkey,Russia and Qatar) would cause the oil price and cryptocurrency prices to skyrocket.
Yes,we are in a bubble.Every financial asset price(and bitcoin looks more like a digital financial asset rather than a currency) in a market economy is a bubble.
When the demand for that asset decreases,the bubble bursts...
Italy would collapse,but i don`t think that the italians would start buying bitcoins like crazy...

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June 21, 2017, 02:28:55 PM
 #3

price went up to $500 one of yous came here and asked this question.
then a correction came and then rise continued proving there is no bubble.

then price went up to $700 another one of yous came here and asked the same question. and same thing happened.

the same thing again happened multiple times when price broke $1000 at first then the old ATH, and one of yous came here and called bitcoin "similar to 2013" and asked the same question. and a correction happened and proved there is no bubble and price went up again.

.... (story of past 2 years that i have been with bitcoin)

now here we are. after a correction and you still saying it is a bubble.

There is a FOMO brewing...
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June 21, 2017, 02:53:17 PM
 #4

$12k, in 2022

Vishnu.Reang
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June 21, 2017, 05:56:23 PM
 #5

In my opinion, the only bubble is with the altcoins. I believe that the Bitcoin is actually under-valued. So if the SegWit implementation goes ahead as planned, Bitcoin is going to hit $10,000 per coin without much trouble. The next real bubble may occur at $25,000.
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June 21, 2017, 06:04:29 PM
 #6

There've been bubbly moments, but I don't buy this as a bubble. Though valuations are high it's been fairly subdued and it doesn't look like there'll be much of a collapse beyond late $1000s. And these rises have been taking place over weeks, not a few days.

Alts are a different matter entirely. They're in a very empty and heady phase.

There doesn't need to be a reason for a bubble. When the news in the past has been consistently super positive the price carried on grinding down.



Mikcik (OP)
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June 21, 2017, 08:47:30 PM
 #7

Perhaps a major war in the middle east(Saudi Arabia,USA,Izrael vs.Iran,Turkey,Russia and Qatar) would cause the oil price and cryptocurrency prices to skyrocket.
Yes,we are in a bubble.Every financial asset price(and bitcoin looks more like a digital financial asset rather than a currency) in a market economy is a bubble.
When the demand for that asset decreases,the bubble bursts...
Italy would collapse,but i don`t think that the italians would start buying bitcoins like crazy...

why dont you think that a certain (small) portion of Italians would start buying BTC when italy would face bank collapse?

And why do you think that war in general (middle east) would drive the price of BTC yet...? There is no precedent for this yet? (or does gold go up in war time and thuis BTC should to)?
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June 21, 2017, 11:07:44 PM
 #8

I prefer to talk about an overbought price rather than a bubble. I don't believe this is a bubble since the price isn't extremely overbought till the extent of how various altcoins are pumped right now. I believe that once SegWit2X is fully operational, we will experience another bull run that will push the price possibly through the $4000 level. What comes after that is not something that has a lot importance right now, that's a concern for later....
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June 22, 2017, 04:37:41 AM
 #9

there is no bubble and even if there were it has already popped with the latest big drop down and price now is at a very nice correction.
and in the future even if price goes down it is not because of existence of a bubble, it will be because of hundred other reasons (mostly drama and political)!

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BitcoinerXX
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June 23, 2017, 01:27:06 AM
 #10

there is no bubble and even if there were it has already popped with the latest big drop down and price now is at a very nice correction.
and in the future even if price goes down it is not because of existence of a bubble, it will be because of hundred other reasons (mostly drama and political)!

if you lived through the 2013 bitcoin bubble then you know this aint no bubble

alt coins on the other hand are in a bubble
Oceat
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June 23, 2017, 07:13:54 AM
 #11

In my opinion, the only bubble is with the altcoins. I believe that the Bitcoin is actually under-valued. So if the SegWit implementation goes ahead as planned, Bitcoin is going to hit $10,000 per coin without much trouble. The next real bubble may occur at $25,000.
If the SegWit implementation goes ahead, i think $10,000 is too much before bitcoin burst out to hit that price. People are still learning about the bitcoin before they want to buy it, i don't believe that high as much that more people will quickly learn about the bitcoin if it's new to them. But don't worry bitcoin will hit that price soon as long as more people is able to adopt bitcoin slowly.

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June 23, 2017, 07:35:43 AM
 #12

So we are most likely on a bubble (but i believe we are going higher). And please dont be stupid and dont tell me we are not in a bubble. We are... My believe is that once it pops (my estimate is that it will go to something around 3500 or even higher). Poeple said 5000 i dont know about that. My amateurish expecatation is pop at 3500 (or even higher because of sgwit) and then crash (dont know how low, i would hope for 1300) and then stabilize around 1800-2200 range for several months (i hope not few years :-D :-( ).

My question aims even further- what will the next bubble after this one be? What will be the reason to push BTC (little) over 10 000 USD per BTC in the next dew years?
My tip is the "collapse" of EU or some countries within EU (European Union) and the flight of money out of the country (i dont believe USD will collapse anytime soon (i used to believe it few years back, but im out of this mindset)?

What will the reason behind the next BTC bubble be?

First of all, yes. Bitcoin is definitely in a bubble right now, i don't think that it does any good to deny it. I've seen people trying to say that it's just volatility, but is that really true when the currency has appreciated from less than $400 to now, $2700 ish? I just don't think it is sustainable for bitcoin to continue this growth, no matter how good the technology is.

I would expect that when this one pops, the next bubble is going to come around 2020-ish. There are several key events that are happening in that year, the Tokyo olympics(as we all know, bitcoin is legalized in Japan just recently) and the bitcoin halving(which means that bitcoin becomes harder to mine).

$10,000 is entirely possible, in fact i would say extremely likely by 2021 which is in 4 years time.. As with EU, i think that when they do collapse, people will definitely look at bitcoin, if they take that onboard it'll drive the price up as well.
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June 23, 2017, 12:04:19 PM
 #13

With everything in motion set for bitcoin, any price is achievable any time now. Think that stable price after activation will be around 3500 dollar per one Bitcoin, after everything goes well with implementation of segwit. Im positive on this cuz I expect same effect as seen in Litecoin, so I dont expect for price to go down just up.

Also will this effect some alts in price, yes I believe so and expect this to happen.



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June 23, 2017, 09:20:37 PM
 #14

Bubble no bubble, doesn't change the long-term view that there will be inflations and deflations. However you see it, this is still an overheating but we can all gain from a lot of patience.

The time is now, never later, at least in our memory of years.

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BitcoinerXX
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June 24, 2017, 03:15:50 AM
 #15

you want to see where we are going, look at the price of GBTC, been trading at over 4k for a while now
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June 24, 2017, 10:45:44 AM
 #16

My question aims even further- what will the next bubble after this one be? What will be the reason to push BTC (little) over 10 000 USD per BTC in the next dew years?
Don't you consider first wether btc will remain in dominance?
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June 24, 2017, 12:16:18 PM
 #17

I think ethereum is in a bubble. Look at all those ICOs raising millions for nothing.
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June 24, 2017, 12:23:50 PM
 #18

I think ethereum is in a bubble. Look at all those ICOs raising millions for nothing.

ETH really in bubbles right now. Price is really increasing everyday. Lucky to those people who bought it in a low price it is in real profit now. Because of the ico now a days it is based on the eth thats why it is gradually increasing.

ETH now is also best if you hold and spend it later in a year or more to earn profit. ETH now is compared with btc because of the price that is increasing and it could have a potential in the next btc in the future
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June 24, 2017, 02:44:52 PM
 #19

this won't pops, because it's already happened, remember $2500 retreat to $2000 or so, that was the dumping, now again in the same range, there will be another one of this bubble and then another retreat

and for every new one the bottom will be higher, this is how you build the future value
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June 24, 2017, 03:18:43 PM
 #20

I think ethereum is in a bubble. Look at all those ICOs raising millions for nothing.
Ethereum's recent increase to current levels perfectly examples what a real bubble looks like.

I seriously keep thinking how anyone could actually spend +$300 (it peaked at +$400) on a coin that is nothing more than the next big centralized money vanishing garbage.

I think Vitalik and his fellow major share holders are celebrating big time as they by value of their holdings can properly call themselves billionaires right now ~ what a joke.

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June 24, 2017, 03:42:50 PM
 #21

I don't think we are in a bubble now. We were before but that pops out and we again gain a momentum. But even if we are, that should not matter. We should keep a long term view for bitcoin. Whatever happens in short term should not be considered. Because I know whatever happens we ll have a good profit by the end of this year. These short term pumps and dumps shouldn't be paid attention.
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June 24, 2017, 06:58:38 PM
 #22

Mate when bubbles pop usually prices go down instead of going up, seems like you want it to crash and at the same time you want it to rise.

What kind of a sick and twisted mind do you have? important thing in Bitcoin community is the support, when we have the full support of almost

Everyone I don't think we would be in need of anything else, as long as people have faith we're OK. however if you have noticed it miners started

To show some signs of improvement, I have been transacting for a week now with fees lower than 100 sats/B and 10-15 mins confirmation intervals.

It was about time they feel threatened by other altcoins.
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June 25, 2017, 06:48:01 AM
 #23

I would predict about 3X the current peak in USD of 3K so we would be nearing the 10,000 dollar a coin after this bubble pops.
With some serious movement from the 5 to 7k range then a push towards that point.
That said after the correction the price may well just get stuck at 4 to 5 K and stay there until the next rally that pushes it even larger than 10K.
(Or it could be fundamentals we will know in August how sentiment goes)

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June 25, 2017, 05:10:53 PM
 #24

With everything in motion set for bitcoin, any price is achievable any time now. Think that stable price after activation will be around 3500 dollar per one Bitcoin, after everything goes well with implementation of segwit. Im positive on this cuz I expect same effect as seen in Litecoin, so I dont expect for price to go down just up.

Also will this effect some alts in price, yes I believe so and expect this to happen.

This is good to find you optimistic about bitcoin in future but the truth is that you have to be get ready for any type of the situation. To be very honest I am very much confused at the moment about the segwit stuff that what will be the result of it and how will it be impacting for the holders.

Recently I read an article about bitcoin bubbles, it explains the last stage of bubble for current season yet to happen. It means we may have another round of rally too.
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June 25, 2017, 06:55:35 PM
 #25

Both the sides whether good or bad are fighting hard over this topic whether we are currently in a bubble or not, I can only say that time will let everyone know about this so we should stop speculating too much over this.
About the bubble part, IMHO I really don't think that this is a bubble because when alts are gaining too much because of their usage as well as different implementations like segwit and PoS strategy, why not Bitcoin deserve to be on such higher prices? Why are we talking about burst here when a bubble isn't there? Times are different now as lots of users are being added to cryptonomic world daily and they are not stupid who are buying Bitcoins at such high rates and Btc is even getting sold at extremely premium rates in many countries, are they getting in just for profits?
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June 26, 2017, 07:48:14 AM
 #26

there is no bubble and even if there were it has already popped with the latest big drop down and price now is at a very nice correction.
and in the future even if price goes down it is not because of existence of a bubble, it will be because of hundred other reasons (mostly drama and political)!
Yes, I agree many people called it a bubble when the BTC price reached $2900 before the recent price drop and if it was a bubble the price would have taken a longer time to stable again and is progressing with crossing $2700. This increase of the price shows the strength of bitcoin.
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June 27, 2017, 03:32:54 AM
 #27

So we are most likely on a bubble (but i believe we are going higher). And please dont be stupid and dont tell me we are not in a bubble. We are... My believe is that once it pops (my estimate is that it will go to something around 3500 or even higher). Poeple said 5000 i dont know about that. My amateurish expecatation is pop at 3500 (or even higher because of sgwit) and then crash (dont know how low, i would hope for 1300) and then stabilize around 1800-2200 range for several months (i hope not few years :-D :-( ).

My question aims even further- what will the next bubble after this one be? What will be the reason to push BTC (little) over 10 000 USD per BTC in the next dew years?
My tip is the "collapse" of EU or some countries within EU (European Union) and the flight of money out of the country (i dont believe USD will collapse anytime soon (i used to believe it few years back, but im out of this mindset)?

What will the reason behind the next BTC bubble be?
It seems the bubble is bursting already at the moment, so to me this is as far as it will go at the moment, the next big thing could come very quickly if we get segwit activated and I think bitcoin could reach up to 5000 dollars in that instance only to go back to 4000 at the end of the bubble.
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June 28, 2017, 05:58:16 PM
 #28

there is no bubble and even if there were it has already popped with the latest big drop down and price now is at a very nice correction.
and in the future even if price goes down it is not because of existence of a bubble, it will be because of hundred other reasons (mostly drama and political)!
Yes, I agree many people called it a bubble when the BTC price reached $2900 before the recent price drop and if it was a bubble the price would have taken a longer time to stable again and is progressing with crossing $2700. This increase of the price shows the strength of bitcoin.

We are gonna experience the real bubble for upcoming month. It will not be big but it will be good one, maybe it wont be like it was in May when i really didnt think price can go so fast that high. But think that when activation of segwit occur we will see real bubble in motion.



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