The next bubble will be sooner and bigger than you think

[hyphymikey]

I'm not sure how soon, but I completely agree it will be bigger than predicted. Nobody saw the last one coming so there is enough proof right there.

Nobody predicting single digits in damn near 2 years has been right, the ones who predicted bubbles on the other hand

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[jjacob]

Market moves 4 - 5 times slower than in 2013. Back then it took 4 - 5 months from the bottom to the mania phase.
It looks like the next bubble will enter it's mania phase 16 - 25 months after the bottom (which IMO is still to come).
That would align well with the block reward halving in the second half of 2016.

Not many will have the patience to wait till mid-2016.
We may see a few drops in price before that.

[inca]

Inb4 fallling spreads his doomsday messages

Like anyone cares about his failed predictions...

Hey, I know he's a troll and everything, but he's been trolling bear in a very bearish market. So I'm pretty sure his predictions haven't been failing too hard. Oh well, bagholders gonna baghold.

Using the term bagholder to describe anyone holding bitcoin is pretty foolish.

[falllling]

Inb4 fallling spreads his doomsday messages

Like anyone cares about his failed predictions...

Hey, I know he's a troll and everything, but he's been trolling bear in a very bearish market. So I'm pretty sure his predictions haven't been failing too hard. Oh well, bagholders gonna baghold.

Using the term bagholder to describe anyone holding bitcoin is pretty foolish.

but you are a bag holder

[yokosan]

Time to put some dates on this cunt.

March/April 2015 - Bubble start date
May 1015 - Exponential
September - Burst (that's correct, 5 months of exponential growth)

Bubble will reach over $25,000

7 September 2014 (date of this post)

Time to put some dates on this cunt.

March/April 2015 - Bubble start date
May 1015 - Exponential
September - Burst (that's correct, 5 months of exponential growth)

Bubble will reach over $25,000

SHA-256 of the quote:

608e9dc0de8efe50e805abfa75bef7fb33521fa8568f3f49bc92603e8b195413

[Hyena]

Time to put some dates on this cunt.

March/April 2015 - Bubble start date
May 1015 - Exponential
September - Burst (that's correct, 5 months of exponential growth)

Bubble will reach over $25,000

7 September 2014 (date of this post)

Time to put some dates on this cunt.

March/April 2015 - Bubble start date
May 1015 - Exponential
September - Burst (that's correct, 5 months of exponential growth)

Bubble will reach over $25,000

SHA-256 of the quote:

608e9dc0de8efe50e805abfa75bef7fb33521fa8568f3f49bc92603e8b195413

You should save your prediction into the bitcoin's own block chain using cryptograffiti:
http://cryptograffiti.info

[Room101]

I would prefer if the bubble could start around December myself....can you please do BTC dance and get the BTC gods to bestow favour upon you....and thus upon us all.

I would do it, but my dancing will at best get them to crash the price, at worst smite me. I dont want to be smited  smote   smoted ?

[btcpokerface]

I hope that the bubble will peak before the end of the year because in this way we continue to have at least one bubble per year.

[novacn]

Yeah. Let the bubble grow.
I'm all in 

[ssmc2]

The longer we take to get to the next one the more glorious it shall be.

[panju1]

I would prefer if the bubble could start around December myself....can you please do BTC dance and get the BTC gods to bestow favour upon you....and thus upon us all.

I would do it, but my dancing will at best get them to crash the price, at worst smite me. I dont want to be smited  smote   smoted ?

Not to mention the bitcoin rally song. 

[minerpumpkin]

Get ready gentlemen.

This makes me think that we're still in for some more shaking-out-the-weak-hands, so to say... Final capitulation? I don't think so... But honestly, no one knows if another bubble is just around the corner! It's a gamble!

[Habeler876]

Inb4 fallling spreads his doomsday messages

Like anyone cares about his failed predictions...

Hey, I know he's a troll and everything, but he's been trolling bear in a very bearish market. So I'm pretty sure his predictions haven't been failing too hard. Oh well, bagholders gonna baghold.

Using the term bagholder to describe anyone holding bitcoin is pretty foolish.

Uhhh, whatever you gotta tell yourself. I love bitcoin and I hope it succeeds, but I'm also glad that I hedged in dollars and sold everything from $580-640. Now I can bide my time.

Anyone who bought high and is sitting on unrealized loss is a bagholder. Nothing to get upset about. It's just a fact.

[inca]

Inb4 fallling spreads his doomsday messages

Like anyone cares about his failed predictions...

Hey, I know he's a troll and everything, but he's been trolling bear in a very bearish market. So I'm pretty sure his predictions haven't been failing too hard. Oh well, bagholders gonna baghold.

Using the term bagholder to describe anyone holding bitcoin is pretty foolish.

Uhhh, whatever you gotta tell yourself. I love bitcoin and I hope it succeeds, but I'm also glad that I hedged in dollars and sold everything from $580-640. Now I can bide my time.

Anyone who bought high and is sitting on unrealized loss is a bagholder. Nothing to get upset about. It's just a fact.

I'm not sure if you realise that most bitcoin holders are actually sitting on massive unrealised % gains? LOL.

Good luck with your 'trading'. Thanks for making my stash more valuable when you panic buy on the next run up!

[antibitcoinconsortium]

yes look at this HUGE bubble forming!



its called system dying!

[Habeler876]

Inb4 fallling spreads his doomsday messages

Like anyone cares about his failed predictions...

Hey, I know he's a troll and everything, but he's been trolling bear in a very bearish market. So I'm pretty sure his predictions haven't been failing too hard. Oh well, bagholders gonna baghold.

Using the term bagholder to describe anyone holding bitcoin is pretty foolish.

Uhhh, whatever you gotta tell yourself. I love bitcoin and I hope it succeeds, but I'm also glad that I hedged in dollars and sold everything from $580-640. Now I can bide my time.

Anyone who bought high and is sitting on unrealized loss is a bagholder. Nothing to get upset about. It's just a fact.

I'm not sure if you realise that most bitcoin holders are actually sitting on massive unrealised % gains? LOL.

Good luck with your 'trading'. Thanks for making my stash more valuable when you panic buy on the next run up!

I'd be curious to see the distribution data to support that. My feeling is more so that bitcoin wealth is incredibly concentrated, so this is much less true than you think. Either way, this is more so directed at the sentiment on this forum (for the past 8 months) that we're headed for another bubble, and therefore that buying into a long term bear market was advisable. All year long, huge distribution -- just more and more bagholders being created. It's fine -- there is a good chance bitcoin will succeed long term. But there's no reason to get so butthurt over a term that simply means "sitting on unrealized loss." I hate to break it to you, but 2014 was supposed to be the year of the bitcoin. But it turned out to be the year of the bagholder.

Thanks for the "good luck." Bitcoin has to go up $130 before I start "losing coins." So I can bide my time, thanks. You sound a bit emotional, to be honest.

[zeroday]

Before bubble starts weak hands will be shaken hard and flee in despair. I won't be surprised to see sub $400 for a moment prior to take off.

[inca]

Inb4 fallling spreads his doomsday messages

Like anyone cares about his failed predictions...

Hey, I know he's a troll and everything, but he's been trolling bear in a very bearish market. So I'm pretty sure his predictions haven't been failing too hard. Oh well, bagholders gonna baghold.

Using the term bagholder to describe anyone holding bitcoin is pretty foolish.

Uhhh, whatever you gotta tell yourself. I love bitcoin and I hope it succeeds, but I'm also glad that I hedged in dollars and sold everything from $580-640. Now I can bide my time.

Anyone who bought high and is sitting on unrealized loss is a bagholder. Nothing to get upset about. It's just a fact.

I'm not sure if you realise that most bitcoin holders are actually sitting on massive unrealised % gains? LOL.

Good luck with your 'trading'. Thanks for making my stash more valuable when you panic buy on the next run up!

I'd be curious to see the distribution data to support that. My feeling is more so that bitcoin wealth is incredibly concentrated, so this is much less true than you think. Either way, this is more so directed at the sentiment on this forum (for the past 8 months) that we're headed for another bubble, and therefore that buying into a long term bear market was advisable. All year long, huge distribution -- just more and more bagholders being created. It's fine -- there is a good chance bitcoin will succeed long term. But there's no reason to get so butthurt over a term that simply means "sitting on unrealized loss." I hate to break it to you, but 2014 was supposed to be the year of the bitcoin. But it turned out to be the year of the bagholder.

Thanks for the "good luck." Bitcoin has to go up $130 before I start "losing coins." So I can bide my time, thanks. You sound a bit emotional, to be honest.

We'll see. This forum is littered with traders like yourself who flit in and out of the market (Matthecat). The majority of course lose money (another form of bagholder I suppose) in spite of an exponentially rising price.

I hope you will make sensible trades and my beat my undoubtedly suboptimal buy and hold strategy. I am still up just under %300 overall at the current price as i bought most of my position last march/april (oh to have bought in just a few months earlier!). Do i want to see the price fall lower? No. Am i emotional about it? Not really. Just ambivalent to be honest as I have held the position for so long now. I have been trickling a few coins a month in the last few months as I feel risk wise this is a reasonably good entry and the ftse seems a bit toppy.

I suppose it is all about risk. You made a good trade if you can get back in lower and ride the price upwards. I have learnt that timing the market is very difficult at the time, but obvious looking backwards. How do you know when the uptrend has resumed? The price could break downwards and move through the 3xx low earlier this year. It moved back from 680 down to where we are now on good news alone! But it could just as easily move upwards over a few days (with or without news) and break out, in the process confirming the 3xx spike down this year as the bottom.

Anyway, I would say that using terms like 'year of the bagholder', 'butthurt' etc are deliberately inflammatory and aimed to create an emotional response in recent buyers, which of course might incite them to sell. But I am sure being out of the game you wouldn't be trying to manipulate trusting newbies into dumping so you can get back in lower? Maybe I am too cynical..

[Habeler876]

Inb4 fallling spreads his doomsday messages

Like anyone cares about his failed predictions...

Hey, I know he's a troll and everything, but he's been trolling bear in a very bearish market. So I'm pretty sure his predictions haven't been failing too hard. Oh well, bagholders gonna baghold.

Using the term bagholder to describe anyone holding bitcoin is pretty foolish.

Uhhh, whatever you gotta tell yourself. I love bitcoin and I hope it succeeds, but I'm also glad that I hedged in dollars and sold everything from $580-640. Now I can bide my time.

Anyone who bought high and is sitting on unrealized loss is a bagholder. Nothing to get upset about. It's just a fact.

I'm not sure if you realise that most bitcoin holders are actually sitting on massive unrealised % gains? LOL.

Good luck with your 'trading'. Thanks for making my stash more valuable when you panic buy on the next run up!

I'd be curious to see the distribution data to support that. My feeling is more so that bitcoin wealth is incredibly concentrated, so this is much less true than you think. Either way, this is more so directed at the sentiment on this forum (for the past 8 months) that we're headed for another bubble, and therefore that buying into a long term bear market was advisable. All year long, huge distribution -- just more and more bagholders being created. It's fine -- there is a good chance bitcoin will succeed long term. But there's no reason to get so butthurt over a term that simply means "sitting on unrealized loss." I hate to break it to you, but 2014 was supposed to be the year of the bitcoin. But it turned out to be the year of the bagholder.

Thanks for the "good luck." Bitcoin has to go up $130 before I start "losing coins." So I can bide my time, thanks. You sound a bit emotional, to be honest.

We'll see. This forum is littered with traders like yourself who flit in and out of the market (Matthecat). The majority of course lose money (another form of bagholder I suppose) in spite of an exponentially rising price.

I hope you will make sensible trades and my beat my undoubtedly suboptimal buy and hold strategy. I am still up just under %300 overall at the current price as i bought most of my position last march/april (oh to have bought in just a few months earlier!). Do i want to see the price fall lower? No. Am i emotional about it? Not really. Just ambivalent to be honest as I have held the position for so long now. I have been trickling a few coins a month in the last few months as I feel risk wise this is a reasonably good entry and the ftse seems a bit toppy.

I suppose it is all about risk. You made a good trade if you can get back in lower and ride the price upwards. I have learnt that timing the market is very difficult at the time, but obvious looking backwards. How do you know when the uptrend has resumed? The price could break downwards and move through the 3xx low earlier this year. It moved back from 680 down to where we are now on good news alone! But it could just as easily move upwards over a few days (with or without news) and break out, in the process confirming the 3xx spike down this year as the bottom.

Anyway, I would say that using terms like 'year of the bagholder', 'butthurt' etc are deliberately inflammatory and aimed to create an emotional response in recent buyers, which of course might incite them to sell. But I am sure being out of the game you wouldn't be trying to manipulate trusting newbies into dumping so you can get back in lower? Maybe I am too cynical..

I think anyone who thinks they can troll the market down by posting on this forum is living in a fantasy world.

I've been through 2 bubbles. I took my initial investment, and then some, out long, long ago. Recognize that HODLers are not the only ones who profited from a 5-year bull market.

I brought out the term "bagholder" because yet another bull was calling bear predictions of late "failed predictions". That's straight up bagholder talk. I don't give a shit if you're making money or losing it. There's nothing wrong with holding a long term position. Just don't be irrational about it and literally lie to yourself about the past (not you, but the poster I originally responded to). Clearly, the bears have prevailed over the past few months and the biggest failures were the "bubble predictions" we have seen ALL YEAR LONG.

If I came off inflammatory after that, it's because of this line -- "I'm not sure if you realise that most bitcoin holders are actually sitting on massive unrealised % gains? LOL." I am not confident that this is true (for the reasons stated earlier), and that's the same sort of talk that made so many people throw risk management into the wind.

I honestly don't give a shit if the market continues to trend down or not. But I need bulls to show strength to consider buying again. They've shown nothing but massive weakness on every attempt.

[inca]

Inb4 fallling spreads his doomsday messages

Like anyone cares about his failed predictions...

Hey, I know he's a troll and everything, but he's been trolling bear in a very bearish market. So I'm pretty sure his predictions haven't been failing too hard. Oh well, bagholders gonna baghold.

Using the term bagholder to describe anyone holding bitcoin is pretty foolish.

Uhhh, whatever you gotta tell yourself. I love bitcoin and I hope it succeeds, but I'm also glad that I hedged in dollars and sold everything from $580-640. Now I can bide my time.

Anyone who bought high and is sitting on unrealized loss is a bagholder. Nothing to get upset about. It's just a fact.

I'm not sure if you realise that most bitcoin holders are actually sitting on massive unrealised % gains? LOL.

Good luck with your 'trading'. Thanks for making my stash more valuable when you panic buy on the next run up!

I'd be curious to see the distribution data to support that. My feeling is more so that bitcoin wealth is incredibly concentrated, so this is much less true than you think. Either way, this is more so directed at the sentiment on this forum (for the past 8 months) that we're headed for another bubble, and therefore that buying into a long term bear market was advisable. All year long, huge distribution -- just more and more bagholders being created. It's fine -- there is a good chance bitcoin will succeed long term. But there's no reason to get so butthurt over a term that simply means "sitting on unrealized loss." I hate to break it to you, but 2014 was supposed to be the year of the bitcoin. But it turned out to be the year of the bagholder.

Thanks for the "good luck." Bitcoin has to go up $130 before I start "losing coins." So I can bide my time, thanks. You sound a bit emotional, to be honest.

We'll see. This forum is littered with traders like yourself who flit in and out of the market (Matthecat). The majority of course lose money (another form of bagholder I suppose) in spite of an exponentially rising price.

I hope you will make sensible trades and my beat my undoubtedly suboptimal buy and hold strategy. I am still up just under %300 overall at the current price as i bought most of my position last march/april (oh to have bought in just a few months earlier!). Do i want to see the price fall lower? No. Am i emotional about it? Not really. Just ambivalent to be honest as I have held the position for so long now. I have been trickling a few coins a month in the last few months as I feel risk wise this is a reasonably good entry and the ftse seems a bit toppy.

I suppose it is all about risk. You made a good trade if you can get back in lower and ride the price upwards. I have learnt that timing the market is very difficult at the time, but obvious looking backwards. How do you know when the uptrend has resumed? The price could break downwards and move through the 3xx low earlier this year. It moved back from 680 down to where we are now on good news alone! But it could just as easily move upwards over a few days (with or without news) and break out, in the process confirming the 3xx spike down this year as the bottom.

Anyway, I would say that using terms like 'year of the bagholder', 'butthurt' etc are deliberately inflammatory and aimed to create an emotional response in recent buyers, which of course might incite them to sell. But I am sure being out of the game you wouldn't be trying to manipulate trusting newbies into dumping so you can get back in lower? Maybe I am too cynical..

I think anyone who thinks they can troll the market down by posting on this forum is living in a fantasy world.

I've been through 2 bubbles. I took my initial investment, and then some, out long, long ago. Recognize that HODLers are not the only ones who profited from a 5-year bull market.

I brought out the term "bagholder" because yet another bull was calling bear predictions of late "failed predictions". That's straight up bagholder talk. I don't give a shit if you're making money or losing it. There's nothing wrong with holding a long term position. Just don't be irrational about it and literally lie to yourself about the past (not you, but the poster I originally responded to). Clearly, the bears have prevailed over the past few months and the biggest failures were the "bubble predictions" we have seen ALL YEAR LONG.

If I came off inflammatory after that, it's because of this line -- "I'm not sure if you realise that most bitcoin holders are actually sitting on massive unrealised % gains? LOL." I am not confident that this is true (for the reasons stated earlier), and that's the same sort of talk that made so many people throw risk management into the wind.

I honestly don't give a shit if the market continues to trend down or not. But I need bulls to show strength to consider buying again. They've shown nothing but massive weakness on every attempt.

Fair enough. I don't think we are too far apart in points of view actually.

I agree the market is weak. Need some staunch buying to propel things higher