How high will the next bubble go?

[dadaas]

Can't see anything to trigger a new bubble, so any guess would be based on nothing.

That's why we need to spread Bitcoin around. The more people using it will increase it's price by itself!

[Benjig]

The previous rally were mostly triggered by mining technology switch, but now the mining tech won't change too much in the coming years, the price will stabilize. So maybe not a big dramatic rally but a long and steady rise

I would think that it was in the opposite way, mining switch was triggered by the rise on the price not otherwise. Simply people saw profit on investing in new mining hardware seeing the price.

[lemfuture]

expect something low to be happy c:
maybe back to $1200
https://www.youtube.com/watch?v=VWMiEF5tr1s

[aminorex]

12000 would be more realistic.

[saddambitcoin]

The longer we remain at these levels, the higher the next bubble will go.

There was a (edit: really smart) guy named chodpaba that posted a bunch of analysis in Speculation forum during August-September 2013 about this

He eventually deleted all of his posts. But what remains is that the slower we climb the more violent the next bubble will be. So I will be fully prepared for breaching 10k

[onlyu]

The longer we remain at these levels, the higher the next bubble will go.

There was a (edit: really smart) guy named chodpaba that posted a bunch of analysis in Speculation forum during August-September 2013 about this

He eventually deleted all of his posts. But what remains is that the slower we climb the more violent the next bubble will be. So I will be fully prepared for breaching 10k

If the past is any indicator, next rally will probably go up to 4k+.

[mraveragejoe]

I voted 20000$ and beyond, maybe I'm to bullish but I believe that bitcoin has a great potential.

[thisisthis]

$1000 because at that value there will be a very high sell pressure, no more moons in my opinion.

[scarsbergholden]

Maybe we started to "bubble" again after the $340ish low, and then the top was at $685. And now back to bear market? Bit of a stretch in definition, but hey, we doubled!

[atleticofa]

The previous rally were mostly triggered by mining technology switch, but now the mining tech won't change too much in the coming years, the price will stabilize. So maybe not a big dramatic rally but a long and steady rise

The previous rally was triggered by China.

[Dalmar]

Maybe we started to "bubble" again after the $340ish low, and then the top was at $685. And now back to bear market? Bit of a stretch in definition, but hey, we doubled!

A bubble should only be considered a bubble when it is in uncharted price territory. Bouncing around previous price territory is not a bubble.

[viboracecata]

Without Chinese, there are not enough speculations, the price can not go skyrocket, so, $680 would be the answer

[InwardContour]

Maybe we started to "bubble" again after the $340ish low, and then the top was at $685. And now back to bear market? Bit of a stretch in definition, but hey, we doubled!

A bubble should only be considered a bubble when it is in uncharted price territory. Bouncing around previous price territory is not a bubble.

This is just a stagnation period after the "real" bubble we had in late 2013.
You can recognize a bubble from its exponential rise where most people panic buy all what they can afford in a short period of time.

[Johanna]

I am still waiting for the next bubble, shouldn't it be September?

[HarmonLi]

According to solid TA from various experts, like myself, the next bubble will be at least 8000$ and could possibly top at 20000$. What do you expect? Please vote!

Ummm I guess we should see at least $7500. This current bubble really seems to take its time, and therefore it has a lot of momentum built up. A 12.6x increase due to a bubble? Why not? This isn't unprecedented in Bitcoin land!

[Kipsy89]

I am still waiting for the next bubble, shouldn't it be September?

Yeah, I guess it's scheduled for then. I think the Wallstreet people are still discussion about when the bubble should start. Maybe they even prepare some secret party that concides with the start of the bubble. We'd have to see if anyone knows when that's scheduled so we can act accordingly!

[johnyj]

The previous rally were mostly triggered by mining technology switch, but now the mining tech won't change too much in the coming years, the price will stabilize. So maybe not a big dramatic rally but a long and steady rise

I would think that it was in the opposite way, mining switch was triggered by the rise on the price not otherwise. Simply people saw profit on investing in new mining hardware seeing the price.

When people first pre-ordered ASIC mining rigs, no one knew if they would succeed, but bitcoin price were very low by then and no one knew if its price will rise. After ASIC arrived, many true believers could not get coin by mining using GPU farm, this forced them to buy coins on open market and dramatically lifted the price (They continuously accumulate bitcoins, for them the bitcoin is priceless, they will use the lowest possible cost to get coins no matter what)

Now all these investors have changed to ASIC farms, if difficulty increase slows down, there will not be so much buying support from these true believers since they have already a steady inflow of bitcoins from their ASIC farms. Rest of the capitals are mostly from speculators, if price movement calms down, those money will retreat and find other speculation targets

You can imagine, if a quantum miner which is 100 times more efficient than ASIC miners comes out, same thing will happen, many miners will lose their market share and their only way to get bitcoin is to buy it from exchanges, that will drive the price up another 100 times

But today's quantum computer costs too much energy, they are essentially useless even if they managed to get the calculation right

[Mobius]

I am still waiting for the next bubble, shouldn't it be September?

Yeah, I guess it's scheduled for then. I think the Wallstreet people are still discussion about when the bubble should start. Maybe they even prepare some secret party that concides with the start of the bubble. We'd have to see if anyone knows when that's scheduled so we can act accordingly!

Bubbles are not "scheduled" as if this was the case everyone would buy prior to the time the bubble is to start and sell prior to when it reaches it's peak. This would result in the bubble "starting" prior to when it is "scheduled" to start. I think the fact that we have not seen a bubble this year is a sign that bitcoin is starting to stabilize.

[Buo]

The next bubble will hit a ATH of 4000$, and I think it will start in mid 2015.

[Wexlike]

We are waiting already for a really long time for the next bubble. I think it will be a crazy one with spikes up to 12k $ and then going back to ~7k $ until the next world economy crisies arrives and pushes us to higher limits.