Bitcoin bubble imminent

[kireinaha]

$5000 can be reached in the next bubble peak, the problem isn't "if" but "when" we will hit those high values.

Towards the end of 2013 and start of 2014, consensus on these forums was that we would be at 10k per coin by now.

The bulls were very wrong. And they won't admit it.

There's simply not enough public interest to drive prices up to 1k again. There's not enough buying going on. Volume is ridiculously low across all the exchanges.
The November bubble was fueled by Willybot. There's probably no Willy to manipulate the markets now, so the best case scenario is that we'll see slow growth this year, peaking at 700-750 by January 1st 2015. But there'll be plenty of good buying opportunities below $500 by then.

Best case indeed. I'm still on the fence about the supposed "Willybot" and the role it played in the November 2013 rally, but it's clear now that bitcoin has little left to offer for potential speculators. Each year price would go up and it didn't take a tremendous amount of money to move the market, so it drew many casual investors in. Now, we seem to have hit a plateau in public interest because the only interesting things coming around the corner is an ETF... so just another way for people to buy it... but no good reason as to why people need it. With the luster of large yearly gains gone, interest will fade, price will drop (lucky if we see $700 again this year) and people will move on.

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[600watt]

But it's true... I'll do my best this time! I promise!

what are you waiting for? half the forum already think you will never make it. the other half has rolled out the red carpet for you from here 2DA MOON

-what is your problem, 2014 bubble?

[exocytosis]

$5000 can be reached in the next bubble peak, the problem isn't "if" but "when" we will hit those high values.

Towards the end of 2013 and start of 2014, consensus on these forums was that we would be at 10k per coin by now.

The bulls were very wrong. And they won't admit it.

There's simply not enough public interest to drive prices up to 1k again. There's not enough buying going on. Volume is ridiculously low across all the exchanges.
The November bubble was fueled by Willybot. There's probably no Willy to manipulate the markets now, so the best case scenario is that we'll see slow growth this year, peaking at 700-750 by January 1st 2015. But there'll be plenty of good buying opportunities below $500 by then.

Best case indeed. I'm still on the fence about the supposed "Willybot" and the role it played in the November 2013 rally, but it's clear now that bitcoin has little left to offer for potential speculators. Each year price would go up and it didn't take a tremendous amount of money to move the market, so it drew many casual investors in. Now, we seem to have hit a plateau in public interest because the only interesting things coming around the corner is an ETF... so just another way for people to buy it... but no good reason as to why people need it. With the luster of large yearly gains gone, interest will fade, price will drop (lucky if we see $700 again this year) and people will move on.

Yes. User adoption seems to have stagnated already. The market is saturated. Sustaining a price of over $500 will be very hard in the long term. BTC is struggling to stay above 500 right now, and this struggle will only intensify as more and more libertarian cryptogeeks decide to get rid of their stash.
The Average Joe still shows no interest in Bitcoin. And who can blame him?

[simon28]

Towards the end of 2013 and start of 2014, consensus on these forums was that we would be at 10k per coin by now.

I was not signed up then. Could you post a few links from bulls at the end of 2013 saying we would be at 10k per coin by now?

[Mybitcoinz]

The bubble isn't imminent, in the next months probably the value will be stable and in 2015 we will finally see the new bubble.

[AceWallen]

The bubble isn't imminent, in the next months probably the value will be stable and in 2015 we will finally see the new bubble.

stable? after a long bout of consolidation after the rally to 680s, we have finally found our volatility back! i'm not so sure we will be stable for the next months. just a hunch.

[botany]

The bubble isn't imminent, in the next months probably the value will be stable and in 2015 we will finally see the new bubble.

Bitcoin seems to back to its volatile ways, after some stability in Jun-July

[falllling]

The bubble isn't imminent, in the next months probably the value will be stable and in 2015 we will finally see the new bubble.

stable? after a long bout of consolidation after the rally to 680s, we have finally found our volatility back! i'm not so sure we will be stable for the next months. just a hunch.

it will be stable for quite a while at $0.0001 soon

[botany]

The bubble isn't imminent, in the next months probably the value will be stable and in 2015 we will finally see the new bubble.

stable? after a long bout of consolidation after the rally to 680s, we have finally found our volatility back! i'm not so sure we will be stable for the next months. just a hunch.

it will be stable for quite a while at $0.0001 soon

per Satoshi? 

[giveBTCpls]

Correct. If you are not stacking on as much BTC as possible right now while you can, it's like you enjoy being poor. You best believe these fucking whales are feeding off your cheap ass coins as we speak.