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 ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) 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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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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papaminer
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November 07, 2013, 05:50:18 AM |
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there's no way this is a bubble... ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) 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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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 ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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