Alonzo Ewing (OP)
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Activity: 1040
Merit: 1001
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July 21, 2014, 06:35:10 AM |
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Here, "quarter" means calendar quarter, i.e., 1st quarter = Jan through March, etc.
Also, let's define a "bubble" as at least a 5x gain within a 4 month time period.
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Bit_Happy
Legendary
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Activity: 2114
Merit: 1040
A Great Time to Start Something!
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July 21, 2014, 06:37:40 AM |
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What bubble? The Bitcoin fundamentals are extremely strong now, so we don't do "bubbles" anymore, just HUGE Rallies.
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kerafym
Full Member
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Activity: 224
Merit: 100
THE GAME OF CHANCE. CHANGED.
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July 22, 2014, 12:56:41 AM |
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650-700 is close to peak.
Correction from this level won't surprise me.
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Bit_Happy
Legendary
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Activity: 2114
Merit: 1040
A Great Time to Start Something!
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July 22, 2014, 01:03:02 AM |
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650-700 is close to peak.
Correction from this level won't surprise me.
OK You might want to keep up on the Bitcoin news these days: https://bitcointalk.org/index.php?board=77.0
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FattyMcButterpants
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July 22, 2014, 06:25:57 AM |
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peaking? i'm more concerned about the next bubble starting. and to be entirely honest, it wouldn't surprise me not to see another bubble for another year or more.
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hyperdimension
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Activity: 69
Merit: 10
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July 22, 2014, 08:19:01 AM |
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650-700 is close to peak.
Correction from this level won't surprise me.
We are at 1% of mainstream adoption, how can that price be the peak? pls
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FelixOliver
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July 22, 2014, 08:34:53 AM |
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Who knows, now that the option exists to short Bitcoin - which wasn't the case during last years big rally - there's now an incentive and as much profit to be made on the downside as well as on the upside
so it's anyone's guess.. the moon would be lovely though
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pinksheep
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July 22, 2014, 11:14:25 AM |
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I'm beginning to wonder if there'll ever be another bubble
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Ayers
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Activity: 2800
Merit: 1024
Vave.com - Crypto Casino
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July 22, 2014, 11:26:29 AM |
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winter pump, summer dump? i think by the edn of this year and like every year a pump will come, this time i expect a price value far above 1k
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InwardContour
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July 22, 2014, 12:08:29 PM |
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I'm expecting a new bubble in the late 2014 / start of the new year. Looking at the charts seems that we are in the middle of a calm healthy period which will contribute to build up trust and buy pressure in the following months.
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crocko
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July 22, 2014, 12:30:40 PM |
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Today, July 22, supposed to be a bubble I saw this in May on a post right from this section of the forum.
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DjPxH
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July 22, 2014, 02:00:48 PM |
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I need to bookmark this thread! Ha, that'll be fun. I think we're still spot on with the bubble. People seem to know that, the bears aren't very successful anymore in pushing the price down. It seems, we can't go below 615. We're still on the right track at the right time!
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SunBin
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July 22, 2014, 02:05:20 PM |
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I am guessing it may peak at 800 for the short term as far as cost of production is concerned.
Price level above this point will invite more miners which really do not bring in more supply but redistribute the hash distribution.
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DjPxH
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July 22, 2014, 02:09:57 PM |
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I am guessing it may peak at 800 for the short term as far as cost of production is concerned.
Price level above this point will invite more miners which really do not bring in more supply but redistribute the hash distribution.
Nah, you're not around long enough. If we reach the 800s, we've definitely entered a rock-solid Bull market. We'll see a month-long rise to the low 1000s and then enter the bubble. That's the plan.
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