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Author Topic: Predictions for the next bubble  (Read 4869 times)
Theraty
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May 13, 2013, 09:37:39 PM
 #61

When the bitcoin hit about the $200 was when Cypress had their problems with the banks. This was the first time the banks in europe done something like this but it is not the last. This was just a template for future bailouts. Taken this into consideration with the fact that the euro and dollar are inflationary debt currency and will inevitably lead to more debt for the banks, I believe that bitcoin will go up 10 fold again easily in the next year or 2.

Take that into consideration with the fact that mobile payments with nfc, bitcoin debit cards and bitcoin merchant software becoming mainstream and more popular, the next bubble maybe USD and euro and not bitcoin.
jinni
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May 14, 2013, 04:13:58 PM
 #62

I think you guys are seriously underestimating what the power of familiarity can produce.

In my opinion, the advantage of bitcoin is it being the "first" mover in becoming a mainstream crypto-currency.

I also think the name in itself is extremely powerful. It sound simple, yet invokes a sort of cyber future image.

Litecoin and Feathercoin just sound weak in comparison. (Phonetically weak)

+1

Saying people would just move from gold to another element because it's "the same thing" is just the same as saying people would move from Bitcoin to another crypto-currency because it's "the same thing".

Even scalability is no issue as Satoshi designed Bitcoin to be scalable for world domination. For the current uses of money, there is nothing that really needs to improve about Bitcoin (maybe the infrastructure, but that again points to the first mover advantage) apart from what has already been suggested and probably will be implemented, like removing the 7 transactions a second cap, "pruning" or "simplified payment verification".
Stunna
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May 15, 2013, 02:36:44 AM
 #63

In my opinion it is hard to say but I feel it will be sometime this year.

Stake.com Fastest growing crypto casino & sportsbook
Primedice.com The original bitcoin instant dice game
Theraty
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May 15, 2013, 04:20:26 AM
 #64

In my opinion it is hard to say but I feel it will be sometime this year.

I'm thinking September to December but it all depends.
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