Bitcoin Forum
June 22, 2024, 09:22:21 AM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Poll
Question: What will happen?
We will see a bubble in the high 4-digit range in 2014
No bubble in 2014, but 2015
No bubble in 2014, but superbubble in the high 5-digit range in 2015
The bitcoin spa is closed --> no bubbles anymore

Pages: [1] 2 3 »  All
  Print  
Author Topic: Bubble 2014? Superbubble 2015? No bubbles anymore?  (Read 3432 times)
frienemy (OP)
Full Member
***
Offline Offline

Activity: 235
Merit: 100

I was promised da moon


View Profile
April 29, 2014, 11:29:12 AM
 #1

Which bubble are we going to have? What do you guys think?

MCTRL_751 >   END OF LINE
piramida
Legendary
*
Offline Offline

Activity: 1176
Merit: 1010


Borsche


View Profile
April 29, 2014, 11:37:31 AM
 #2

there definitely will be a valuation bubble in 2014, because it can't go down much and it can't go sideways forever with all the new attention. any push to the upside would reignite the rally. either that, or bitcoin dies completely. pick whatever your intelligence allows you to pick.

i am satoshi
chessnut
Legendary
*
Offline Offline

Activity: 924
Merit: 1001



View Profile
April 29, 2014, 11:45:52 AM
 #3

well they have all been pretty super bubbles, if you look on the log scale.
The chart is showing strong signs of reversal lately. I think we will test highs before july. cant say we will break them, but I am quietly confident.

frienemy (OP)
Full Member
***
Offline Offline

Activity: 235
Merit: 100

I was promised da moon


View Profile
April 29, 2014, 11:50:35 AM
 #4

there definitely will be a valuation bubble in 2014, because it can't go down much and it can't go sideways forever with all the new attention. any push to the upside would reignite the rally. either that, or bitcoin dies completely. pick whatever your intelligence allows you to pick.

I see a bubble in 2014 as the most probable option, too, but I wonder whether massive FUD attacks in the early stage of the bubble could choke off the rocket prematurely only to superskyrocket in 2015.

well they have all been pretty super bubbles, if you look on the log scale.
The chart is showing strong signs of reversal lately. I think we will test highs before july. cant say we will break them, but I am quietly confident.

By superbubble I mean a 2011-like bubble.

EDIT: We better use the technical terms "super bubble" and "super duper bubble" in the bitcoin world Wink

MCTRL_751 >   END OF LINE
Mayuyu48
Hero Member
*****
Offline Offline

Activity: 644
Merit: 500



View Profile
April 29, 2014, 11:54:53 AM
 #5

we will see bubble in late 2014
like one year before in 2013 Grin

By superbubble I mean a 2011-like bubble.

EDIT: We better use the technical terms "super bubble" and "super duper bubble" in the bitcoin world Wink
2011 bubble? how many percent increasing price of BTC?

frienemy (OP)
Full Member
***
Offline Offline

Activity: 235
Merit: 100

I was promised da moon


View Profile
April 29, 2014, 12:01:34 PM
 #6

By superbubble I mean a 2011-like bubble.

EDIT: We better use the technical terms "super bubble" and "super duper bubble" in the bitcoin world Wink
2011 bubble? how many percent increasing price of BTC?
[/quote]


I hijacked this image from rpietilas "Monthly average USD/bitcoin price & trend" thread. It was updated by minimalB. Thanks to both of them. The image nicely shows the extent of the 2011 bubble.

MCTRL_751 >   END OF LINE
devphp
Sr. Member
****
Offline Offline

Activity: 336
Merit: 250


View Profile
April 29, 2014, 12:02:36 PM
 #7

low 4-digit in 2014, like $2 000 or so, can't really be called a bubble.

5-digit in the second half of 2015, not high 5-digit number, but something on the order of $20 000-30 000.
TERA
Hero Member
*****
Offline Offline

Activity: 728
Merit: 500



View Profile
April 29, 2014, 12:12:25 PM
Last edit: April 29, 2014, 12:31:06 PM by TERA
 #8



There have only been two bubbles in bitcoin.  Bubbles are actually a series of multiple bull-runs (about 4). Inbetween bull-runs are short consolidations and inbetween bubbles are deep prolonged crashes. It's somewhat like EW theory. Every rise in itself is not a "bubble" - this is a misnomer.
piramida
Legendary
*
Offline Offline

Activity: 1176
Merit: 1010


Borsche


View Profile
April 29, 2014, 12:15:23 PM
 #9

there definitely will be a valuation bubble in 2014, because it can't go down much and it can't go sideways forever with all the new attention. any push to the upside would reignite the rally. either that, or bitcoin dies completely. pick whatever your intelligence allows you to pick.

I see a bubble in 2014 as the most probable option, too, but I wonder whether massive FUD attacks in the early stage of the bubble could choke off the rocket prematurely only to superskyrocket in 2015.

well they have all been pretty super bubbles, if you look on the log scale.
The chart is showing strong signs of reversal lately. I think we will test highs before july. cant say we will break them, but I am quietly confident.

By superbubble I mean a 2011-like bubble.

EDIT: We better use the technical terms "super bubble" and "super duper bubble" in the bitcoin world Wink

first bubble was actually about a 30x increase (from the consolidation levels of $1->31), while last year's run was a 5->250, a 50x increase, so that would qualify as the bigger bubble. The most recent one was weak, going only 12x from 100 to 1200, but it also had a very short consolidation period of several months only. I think this new one will possibly also have very short consolidation period and "low" fuel resulting in only 10-15x growth from the $400 base. But maybe it will be some completely new beast, thats the beauty of it - it runs differently every time, but never boring.

If you recall, the biggest runup from $5 to $250 was started with two large crashes on the way up, bigger one caused by piratefund I think, where the price lost 50% in one day but even that didn't stop the rally much, only postponed it by one month. When it runs, it ignores FUD.

i am satoshi
frienemy (OP)
Full Member
***
Offline Offline

Activity: 235
Merit: 100

I was promised da moon


View Profile
April 29, 2014, 12:22:39 PM
 #10

...But maybe it will be some completely new beast, thats the beauty of it...

It's definitively going to be a dinosaur! Dinosaur patterns are simply the best.

MCTRL_751 >   END OF LINE
piramida
Legendary
*
Offline Offline

Activity: 1176
Merit: 1010


Borsche


View Profile
April 29, 2014, 12:24:13 PM
 #11

...But maybe it will be some completely new beast, thats the beauty of it...

It's definitively going to be a dinosaur! Dinosaur patterns are simply the best.

you know that all birds are direct descendants of dinosaurs? So yeah why not Smiley

i am satoshi
manicminer5
Newbie
*
Offline Offline

Activity: 30
Merit: 0


View Profile
April 29, 2014, 12:26:17 PM
 #12

Bubleeeeeeeeeeeees..... My bubles!
gagalady
Legendary
*
Offline Offline

Activity: 938
Merit: 1000


View Profile
April 29, 2014, 03:53:21 PM
 #13

I voted for the first option but I wouldn't call that a bubble.
JimboToronto
Legendary
*
Offline Offline

Activity: 4046
Merit: 4603


You're never too old to think young.


View Profile
April 29, 2014, 04:42:24 PM
 #14

Bubbles, bubbles, so many bubbles.

adamstgBit
Legendary
*
Offline Offline

Activity: 1904
Merit: 1037


Trusted Bitcoiner


View Profile WWW
April 29, 2014, 04:45:03 PM
 #15


podyx
Legendary
*
Offline Offline

Activity: 2338
Merit: 1035



View Profile
April 29, 2014, 04:53:46 PM
Last edit: April 30, 2014, 06:18:46 AM by podyx
 #16

Next bubble is gonna feel so fucking unreal

Gonna feel nice to get the 7figgy
JimboToronto
Legendary
*
Offline Offline

Activity: 4046
Merit: 4603


You're never too old to think young.


View Profile
April 29, 2014, 04:54:46 PM
 #17

tuneman1980
Full Member
***
Offline Offline

Activity: 228
Merit: 100



View Profile WWW
April 29, 2014, 04:55:33 PM
 #18

Take a look at: http://www.cryptocoinstats.com/priceforecaster.php

This shows the bubbles pretty well, and even better if you select LN pricing.  It looks like this correction might be turning around.

http://cryptocoinstats.com/

BTC: 19YQqtEdtuWhT6nk6ArBgMTiKMEjoJ5eww  LTC: Li1RLpZm8Rx7txSnQdvZvtLMsd4XDN2vMJ  FTC: 6qAU4vtyf9LPW4yV4m4Vx1jm4ZkXJHTFP7
bitcoinsrus
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500



View Profile
April 29, 2014, 04:56:41 PM
 #19

Take a look at: http://www.cryptocoinstats.com/priceforecaster.php

This shows the bubbles pretty well, and even better if you select LN pricing.  It looks like this correction might be turning around.

Expected price is 666 Sad
rudius
Member
**
Offline Offline

Activity: 84
Merit: 10


View Profile
April 29, 2014, 05:09:31 PM
 #20



There have only been two bubbles in bitcoin.  Bubbles are actually a series of multiple bull-runs (about 4). Inbetween bull-runs are short consolidations and inbetween bubbles are deep prolonged crashes. It's somewhat like EW theory. Every rise in itself is not a "bubble" - this is a misnomer.

Sorry i don t understand your drawing. Looks to me like random bulls run and random bubles. I agree that the 2011 buble was unique until today, but the crash that follow was just in relation with the size of the buble.

You can clarify your view by defining "bulls run" ans "buble"

To me, it all looks like bulls run in adoption. The better the run, the better the crash.
Pages: [1] 2 3 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!