Why (and when) the next bubble start.

[Elwar]

Somewhere in 2016.
Because the BTC mined at that time is halved, which means supply to market is suddenly cut by 50%. This will bump the price significantly.

My thinking is price should rise significantly before the halving, in expectation of the reduced supply

That didn't happen at the last halving...there was a lot of FUD from the miners about how Bitcoin would die because mining would stop and everything would crash.

[brg444]

Somewhere in 2016.
Because the BTC mined at that time is halved, which means supply to market is suddenly cut by 50%. This will bump the price significantly.

My thinking is price should rise significantly before the halving, in expectation of the reduced supply

That didn't happen at the last halving...there was a lot of FUD from the miners about how Bitcoin would die because mining would stop and everything would crash.

The infrastructure will be much more mature this time around.

[Elwar]

Somewhere in 2016.
Because the BTC mined at that time is halved, which means supply to market is suddenly cut by 50%. This will bump the price significantly.

My thinking is price should rise significantly before the halving, in expectation of the reduced supply

That didn't happen at the last halving...there was a lot of FUD from the miners about how Bitcoin would die because mining would stop and everything would crash.

The infrastructure will be much more mature this time around.

The theory was that since difficulty adjusts every 2 weeks, the halving would cause most miners to turn off their rigs...if that happened at the beginning of the 2 weeks then difficulty would be so difficult for the few remaining miners that they would never be able to mine the amount of coins necessary for the difficulty to ever adjust again.

Of course, nothing close to this happened, difficulty went up and the price jumped. But Bitcoiners are so short sighted that the price only tends to go up after something has happened, not in anticipation of it. The ETF is not built into the price, the halving will not be built into the price.

[brg444]

Somewhere in 2016.
Because the BTC mined at that time is halved, which means supply to market is suddenly cut by 50%. This will bump the price significantly.

My thinking is price should rise significantly before the halving, in expectation of the reduced supply

That didn't happen at the last halving...there was a lot of FUD from the miners about how Bitcoin would die because mining would stop and everything would crash.

The infrastructure will be much more mature this time around.

The theory was that since difficulty adjusts every 2 weeks, the halving would cause most miners to turn off their rigs...if that happened at the beginning of the 2 weeks then difficulty would be so difficult for the few remaining miners that they would never be able to mine the amount of coins necessary for the difficulty to ever adjust again.

Of course, nothing close to this happened, difficulty went up and the price jumped. But Bitcoiners are so short sighted that the price only tends to go up after something has happened, not in anticipation of it. The ETF is not built into the price, the halving will not be built into the price.

The ETF cannot be built into the price, no one knows when or if it will happen.

Bitcoiners have had the experience of the price jumping after the previous halving. Best believe with the additional attention we have now there will be some front runners

[Honeypot]

Whenever crypto decides to abandon its 'revolutionary' attitude and gain greater maturity.

Regulations are inevitable.

[brg444]

Whenever crypto decides to abandon its 'revolutionary' attitude and gain greater maturity.

Regulations are inevitable.

Never knew maturity meant renouncing revolutionary ambitions

[Icardi09]

I Think we won't see next halving in near future
my guess : next halving, mid 2016 

[CryptoCarmen]

in September.

[Biodom]

I vote for something else. Bubble will start when each BTC will convert/change to 1,000,000 XBT (as implied by Bitcoin Foundation proposal), everyone will feel like a millionaire, transactions will greatly increase and it (tremendous rally) will start. When:Q1-Q2 of 2015. Destination: 1XBT=$1 in 10-15 years
We will never reach BTC=1mil via mass market if unit stays the same (psychological). How many people trade BRK-A?

[segeln]

Well first period of comments ends this week.

Should be followed by a second draft which I expect will require an additional 90 days of public feedback.

no,another 45 day-comment -period will come after the second draft tomorrow ("official" release date)

[Dafar]

Not for another 4-5 years AT LEAST

[fewcoins]

When the ETF happens the price will rise significantly.

Why does everyone assume this will happen??

[GangkisKhan]

When the ETF happens the price will rise significantly.

Why does everyone assume this will happen??

This is the last hope for perma bull.

Things might turn out quite unexpected for most of them.

[findftp]

How many people trade BRK-A?

1. BRK-A is not a currency or money
2. You cannot divide BRK-A

[Biodom]

How many people trade BRK-A?

1. BRK-A is not a currency or money
2. You cannot divide BRK-A

you can divide BRK-A by using BRK-B instead  .
I think the point is the higher is the price of an item/commodity/even currency, the less interest is in buying and selling it (trading) for purely psychological reasons.
Most people don't want to buy fractions of most things, so this argument is largely mute.
A few people I know commented: bitcoin is too expensive.

[inca]

When the ETF happens the price will rise significantly.

Why does everyone assume this will happen??

Why wouldn't it?

[findftp]

How many people trade BRK-A?

1. BRK-A is not a currency or money
2. You cannot divide BRK-A

you can divide BRK-A by using BRK-B instead  .
I think the point is the higher is the price of an item/commodity/even currency, the less interest is in buying and selling it (trading) for purely psychological reasons.
Most people don't want to buy fractions of most things, so this argument is largely mute.
A few people I know commented: bitcoin is too expensive.

Gold is also expensive at $1200 a troy ounce, people still buy it.
You can also buy smaller coins or go for an alt-coin (silver).

Gold doesn't care if it's expensive, neither does bitcoin.

[Biodom]

How many people trade BRK-A?

1. BRK-A is not a currency or money
2. You cannot divide BRK-A

you can divide BRK-A by using BRK-B instead  .
I think the point is the higher is the price of an item/commodity/even currency, the less interest is in buying and selling it (trading) for purely psychological reasons.
Most people don't want to buy fractions of most things, so this argument is largely mute.
A few people I know commented: bitcoin is too expensive.

Gold is also expensive at $1200 a troy ounce, people still buy it.
You can also buy smaller coins or go for an alt-coin (silver).

Gold doesn't care if it's expensive, neither does bitcoin.

Of course, bitcoin does not care, but people do.
If bitcoin is mostly a commodity (like gold), then ~$400 is fine
If bitcoin is mostly a currency as was suggested in prior posting, then $400 for a main currency unit is too much. There are no other currencies that are so expensive per unit.
It is purely psychological, but to deny that people are put off by this price is unrealistic.
The solution is in Bitcoin Foundation proposal. 1,000,000 XBT per each BTC.

[findftp]

How many people trade BRK-A?

1. BRK-A is not a currency or money
2. You cannot divide BRK-A

you can divide BRK-A by using BRK-B instead  .
I think the point is the higher is the price of an item/commodity/even currency, the less interest is in buying and selling it (trading) for purely psychological reasons.
Most people don't want to buy fractions of most things, so this argument is largely mute.
A few people I know commented: bitcoin is too expensive.

Gold is also expensive at $1200 a troy ounce, people still buy it.
You can also buy smaller coins or go for an alt-coin (silver).

Gold doesn't care if it's expensive, neither does bitcoin.

Of course, bitcoin does not care, but people do.
If bitcoin is mostly a commodity (like gold), then ~$400 is fine
If bitcoin is mostly a currency as was suggested in prior posting, then $400 for a main currency unit is too much. There are no other currencies that are so expensive per unit.
It is purely psychological, but to deny that people are put off by this price is unrealistic.
The solution is in Bitcoin Foundation proposal. 1,000,000 XBT per each BTC.

My unit is 1 satoshi. Pretty cheap if you tell me.

[Biodom]

How many people trade BRK-A?

1. BRK-A is not a currency or money
2. You cannot divide BRK-A

you can divide BRK-A by using BRK-B instead  .
I think the point is the higher is the price of an item/commodity/even currency, the less interest is in buying and selling it (trading) for purely psychological reasons.
Most people don't want to buy fractions of most things, so this argument is largely mute.
A few people I know commented: bitcoin is too expensive.

Gold is also expensive at $1200 a troy ounce, people still buy it.
You can also buy smaller coins or go for an alt-coin (silver).

Gold doesn't care if it's expensive, neither does bitcoin.

Of course, bitcoin does not care, but people do.
If bitcoin is mostly a commodity (like gold), then ~$400 is fine
If bitcoin is mostly a currency as was suggested in prior posting, then $400 for a main currency unit is too much. There are no other currencies that are so expensive per unit.
It is purely psychological, but to deny that people are put off by this price is unrealistic.
The solution is in Bitcoin Foundation proposal. 1,000,000 XBT per each BTC.

My unit is 1 satoshi. Pretty cheap if you tell me.

I don't think that you read the proposal, but basically there will be a major (XBT) and a minor unit (at 1:100 of the major unit and this is presumably satoshi)
We will get 21 trillion major units (which suggests dollar parity at some point in the future) and 2.1 quadrillion satoshis (same as estimated now by 2140)