POLL - how long before the next bubble to 1000$ and beyond?

[Spaceman_Spiff]

6 months next bubble !
no... within 6 months well have hit bottom for sure, and will be building up toward next bubble.

So that recent $50.01 wasn't the bottom?
Or you think maybe it will bounce around 100-130 for six months...?

I am still on the "slow decline, buy in on the way down (or in a couple of months)" plan.  Guess we'll see just how much history repeats itself...

[BitChick]

I voted 6 months to a year as a conservative vote but really, it could happen tomorrow.  I learned that after investing in BTC just a couple of weeks before the huge spike.  Of course, we bought as it went up.  Oh well.  We have not lost anything if we average it all out but it would be nice to get those 100% returns in a week again.

[sinner]

i'll take a swing:

the rest of 2013 and 2014 will be much like 2012 (bitcoin only went up 186% in 2012).. mostly slow and steady increases.  some time around 2015/2016 we will see another parabolic move which will take us >$1000 and most likely > the price of gold per oz.  at that point the media headlines will be insane.  "bitcoin now more valuable than gold" and you'll have people debating bitcoin vs gold.  a rapper will rap about bitcoin/SR.  the bubble will probably crash to less than the price of gold, and consolidate either around $1000 or the price of gold per oz.

over the next 2-3 years:
- bitcoin economy continues growth from influx of VCs + entrepreneurs
- more exchanges and decentralized exchanges: Buttercoin, Coinsigner, Bex.io, Ripple, RoboCoin ( bitcoin ATM) all try to solve exchange problems
- killer apps: could get integrated into browsers
- could see bitcoin start to get used more on phones like Mpesa in Kenya
- larger companies start to use bitcoin to reduce costs or just accept bitcoin as payment
- another Cyprus
- in 2016 the block reward halves again
- Winklevoss ETF could get approved and hedge funds start buying in as a way to legally invest in System D
- bitcoin will actually be increasingly used for remittances (still needs a lot of work to help the non tech savvy in 3rd world countries)
- people bet on the 2016 election with bitcoin, especially since intrade is down and that was the go-to election betting spot (hopefully Predictious can gain some traction)
- Walter White discovers SR and solves his distribution problems

this storm is brewing, cant wait to watch it play out

[nobbynobbynoob]

What sinner said, in a big way.

To be honest, if all of sinner's above points come together, $1000 could be the new $20. $10k is the real milestone, if there have to be milestones with bitcoin.

[rampantparanoia]

- Walter White discovers SR and solves his distribution problems

season 5 finale?

[sinner]

season 5 finale?

i actually think he dies in the finale.  i meant SR/BMR will continue to grow

[monkeybars]

a rapper will rap about bitcoin/SR.

YT Cracker is already up in that shizzle with "Bitcoin Baron"

https://www.youtube.com/watch?v=fZfg1Gtcg08

[600watt]

i'll take a swing:

the rest of 2013 and 2014 will be much like 2012 (bitcoin only went up 186% in 2012).. mostly slow and steady increases.  some time around 2015/2016 we will see another parabolic move which will take us >$1000 and most likely > the price of gold per oz.  at that point the media headlines will be insane.  "bitcoin now more valuable than gold" and you'll have people debating bitcoin vs gold.  a rapper will rap about bitcoin/SR.  the bubble will probably crash to less than the price of gold, and consolidate either around $1000 or the price of gold per oz.

over the next 2-3 years:
- bitcoin economy continues growth from influx of VCs + entrepreneurs
- more exchanges and decentralized exchanges: Buttercoin, Coinsigner, Bex.io, Ripple, RoboCoin ( bitcoin ATM) all try to solve exchange problems
- killer apps: could get integrated into browsers
- could see bitcoin start to get used more on phones like Mpesa in Kenya
- larger companies start to use bitcoin to reduce costs or just accept bitcoin as payment
- another Cyprus
- in 2016 the block reward halves again
- Winklevoss ETF could get approved and hedge funds start buying in as a way to legally invest in System D
- bitcoin will actually be increasingly used for remittances (still needs a lot of work to help the non tech savvy in 3rd world countries)
- people bet on the 2016 election with bitcoin, especially since intrade is down and that was the go-to election betting spot (hopefully Predictious can gain some traction)
- Walter White discovers SR and solves his distribution problems

this storm is brewing, cant wait to watch it play out

nice one, i will read it every night to dream better...

you forgot:
-china: 100 mio chinese middle class will wake up for btc
(take milk as a blueprint: the milk and butter prices in germany are rising because of the evergrowing chinese appetite for milk.  )

[SgtSpike]

What sinner said, in a big way.

To be honest, if all of sinner's above points come together, $1000 could be the new $20. $10k is the real milestone, if there have to be milestones with bitcoin.

No no no, you've got it all wrong.  $10k could be the new $20.  $100k is the REAL milestone!

[zeroday]

Let's wait until Soros mentions bitcoin

[yayayo]

Poll would be better if it used fixed date points instead of adding time spans to the current date.

Calling the next bubble in spring 2015.

I hope infrastructure development can keep up with adoption rate.


ya.ya.yo!

[2GOOD]

2015 it is 

[AussieHash]

i'll take a swing:

the rest of 2013 and 2014 will be much like 2012 (bitcoin only went up 186% in 2012).. mostly slow and steady increases.  some time around 2015/2016 we will see another parabolic move which will take us >$1000 and most likely > the price of gold per oz.  at that point the media headlines will be insane.  "bitcoin now more valuable than gold" and you'll have people debating bitcoin vs gold.  a rapper will rap about bitcoin/SR.  the bubble will probably crash to less than the price of gold, and consolidate either around $1000 or the price of gold per oz.

over the next 2-3 years:
- bitcoin economy continues growth from influx of VCs + entrepreneurs
- more exchanges and decentralized exchanges: Buttercoin, Coinsigner, Bex.io, Ripple, RoboCoin ( bitcoin ATM) all try to solve exchange problems
- killer apps: could get integrated into browsers
- could see bitcoin start to get used more on phones like Mpesa in Kenya
- larger companies start to use bitcoin to reduce costs or just accept bitcoin as payment
- another Cyprus
- in 2016 the block reward halves again
- Winklevoss ETF could get approved and hedge funds start buying in as a way to legally invest in System D
- bitcoin will actually be increasingly used for remittances (still needs a lot of work to help the non tech savvy in 3rd world countries)
- people bet on the 2016 election with bitcoin, especially since intrade is down and that was the go-to election betting spot (hopefully Predictious can gain some traction)
- Walter White discovers SR and solves his distribution problems

this storm is brewing, cant wait to watch it play out

nice one, i will read it every night to dream better...

you forgot:
-china: 100 mio chinese middle class will wake up for btc
(take milk as a blueprint: the milk and butter prices in germany are rising because of the evergrowing chinese appetite for milk.  )

In a few years time when 1.35 billion Chinese realize there are only enough circulating bitcoins for each Chinese citizen to own 0.004 BTC, they'll make a Chinese alt coin.

[nobbynobbynoob]

In a few years time when 1.35 billion Chinese realize there are only enough circulating bitcoins for each Chinese citizen to own 0.004 BTC, they'll make a Chinese alt coin.

As in, Chinacoin (CNC)?

And 400.000 satoshi on average per person seems like enough...

[sinner]

i'll take a swing:

the rest of 2013 and 2014 will be much like 2012 (bitcoin only went up 186% in 2012).. mostly slow and steady increases.  some time around 2015/2016 we will see another parabolic move which will take us >$1000 and most likely > the price of gold per oz.  at that point the media headlines will be insane.  "bitcoin now more valuable than gold" and you'll have people debating bitcoin vs gold.  a rapper will rap about bitcoin/SR.  the bubble will probably crash to less than the price of gold, and consolidate either around $1000 or the price of gold per oz.

over the next 2-3 years:
- bitcoin economy continues growth from influx of VCs + entrepreneurs
- more exchanges and decentralized exchanges: Buttercoin, Coinsigner, Bex.io, Ripple, RoboCoin ( bitcoin ATM) all try to solve exchange problems
- killer apps: could get integrated into browsers
- could see bitcoin start to get used more on phones like Mpesa in Kenya
- larger companies start to use bitcoin to reduce costs or just accept bitcoin as payment
- another Cyprus
- in 2016 the block reward halves again
- Winklevoss ETF could get approved and hedge funds start buying in as a way to legally invest in System D
- bitcoin will actually be increasingly used for remittances (still needs a lot of work to help the non tech savvy in 3rd world countries)
- people bet on the 2016 election with bitcoin, especially since intrade is down and that was the go-to election betting spot (hopefully Predictious can gain some traction)
- Walter White discovers SR and solves his distribution problems

this storm is brewing, cant wait to watch it play out

and i thought i was being slightly too bullish

[glendall]

I hear that. I'm still can not fathom the highs and strength on the usd/btc market recently. I would not have guessed we'd be so close to 1000 at this point in time even when I was being optimistic, even though I'm a long-term bull.

[600watt]

Next major run up will occur between mid sept and early December 2013.

nice call

[Zangelbert Bingledack]

Next major run up will occur between mid sept and early December 2013.

nice call

Indeed.

[Bitalo_Maciej]

6 months and 1 week.

That was actually very accurate .