Bitcoin history repeating itself

[TERA]

I'm a bear and I think 250 is ridiculous. Good luck getting anywhere near 300 with an angry sea of bear fiat and instutional investors waiting around the previous bottom. You'll have to get past rpetilia and probably loaded , second market, fortress, and all these new funds (and me).

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[glendall]

I don't think history will repeat itself and I don't think the third bubble was a bubble at all. It was a popularity boom, brought on by China.  Also, the role Gox had in the first two bubbles can not be understated.

I don't think BTC's market cap will go down by 20% or 30% at all this year.

In this third-not-a-bubble period we have a much greater popularity for bitcoin worldwide which has changed the market dynamics a great deal. The first two bubbles did have a lot in common, but I don't think the third-not-a-bubble is the same beast at all.

[gollum]

I think bitcoin will crash down to 100$ this time.

[anorphirith]

lol ! you're pushing it 

[Dafar]

Like I said last year.... way too much hype going on for 2014.



We are going to be in this sideways movement for a long time, probably even til the end of this year. The weak hands will drop out, but there will be another rally, maybe not as big as last year but I would be surprised if we're not at $5-10k by 2016.  If you guys have seen me around I am always right, even when I'm wrong.