dbooga (OP)
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November 07, 2013, 02:02:40 AM |
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Do you guys think this is a start of another bubble or will it be a lasting upward trend?
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DannyHamilton
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November 07, 2013, 02:05:50 AM |
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Do you guys think this is a start of another bubble or will it be a lasting upward trend?
Yes.
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punchD
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November 07, 2013, 03:38:31 AM |
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it will go down this has happened before
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Kipsy89
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Relax!
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November 07, 2013, 03:53:31 AM |
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it has a ways to go up before crashing hard we may see 150 again, maybe 100 (less likely), but also possible we dont go below 200 again once this rally has made some more headway
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Ann Hashaway
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November 07, 2013, 04:48:40 AM |
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It is going to be quite turbulent for years to come. Hang on.
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mnpo90
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November 07, 2013, 05:17:20 AM |
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Of course
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odolvlobo
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November 07, 2013, 05:19:47 AM |
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There have been two major bubbles so far.
The first one was in June 2011. The price rose by a factor of about 40 in two months before it fell back to about 3 times where it started.
The second one was in April 2013. The price rose by a factor of about 20 in two months before it fell back to about 4 times where it started.
The latest rise started about one month ago and has risen only by a factor of 2. If this is a bubble like the previous two, then I expect the price to rise to $2500 - $5000 over the next month and then crash back down to $375 - $500.
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nahtnam
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nahtnam.com
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November 07, 2013, 05:45:47 AM |
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I hope it goes up like this, but in reality it wont. It will go straight back down and climb its way to a sweet spot. Then it will stay there for a few months.
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papaminer
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November 07, 2013, 05:47:46 AM |
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Do you guys think this is a start of another bubble or will it be a lasting upward trend?
Yes. you sold all your bitcoins for $7000 ? I think i saw you posted something like selling ur btc worth $7000 and I think that time it was only around $200/btc ?
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฿: 1L7dSte4Rs4KyyxRCgrqSWYtkXdAb4Gy1z MORE INFO ABOUT ME: BTC
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papaminer
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November 07, 2013, 05:50:18 AM |
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there's no way this is a bubble... if you'll say a roller coast... maybe... yes... it goes up and down.... but when u say bubble... it goes big and when it explode it becomes "NOTHING"... and looking at difficulty of 510 MILLION... THAT IS NO FUCKING WAY TO BE A BUBBLE...
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฿: 1L7dSte4Rs4KyyxRCgrqSWYtkXdAb4Gy1z MORE INFO ABOUT ME: BTC
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onemanarmybtc
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November 07, 2013, 05:52:45 AM |
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What about China? Is that not the reason why the price has been climbing?
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bitcoindigi
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November 07, 2013, 06:11:56 AM |
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I guess this bubble will pop at $300.
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Wekkel
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yes
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November 07, 2013, 08:03:18 AM |
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From 120 to 300 and you call this a bubble? Wake me up at $1,200.
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bitbob82
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November 07, 2013, 08:24:11 AM |
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just reached 300, probably will pop, hopefully not
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KeepIt300D
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November 07, 2013, 08:55:18 AM |
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If I had to guess I'd say it's going to last, but who knows?
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TheQuin
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November 07, 2013, 08:56:57 AM |
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As they say on Wall St. "It's only a bubble if you're not long."
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adworker
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November 07, 2013, 09:43:53 AM |
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just reached 300, probably will pop, hopefully not
Such fast increase is not sustainable for long. This bubble will pop soon I believe, a lot of profits to be made by some
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Shallow
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SmartFi - EARN, LEND & TRADE
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November 07, 2013, 10:19:51 AM |
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New floor at $150
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redeye1
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November 07, 2013, 10:20:59 AM |
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I'm a bit late on the bitcoin bandwagon.. I bought just one coin at 250$, just to get some experience. Would it be worth buying any more at its current price of ~310$, for some more profits. Its either going to pop or go to 500+ What do people think, am I too late?
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young3dvard
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November 07, 2013, 10:25:05 AM |
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I'm a bit late on the bitcoin bandwagon.. I bought just one coin at 250$, just to get some experience. Would it be worth buying any more at its current price of ~310$, for some more profits. Its either going to pop or go to 500+ What do people think, am I too late?
No one can known when the bubble pop. You may as well convert 250$ back and still be left with some part of a bitcoin
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