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Question: whenever it happens, how high will it go ?
lower than last summer - 16 (28.6%)
somewhere around 50 - 20 (35.7%)
(near to or in) triple digits - 20 (35.7%)
Total Voters: 55

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Author Topic: next bubble  (Read 847 times)
bracek
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July 18, 2012, 11:02:31 PM
 #1

I vote 50

better fundamentals, higher starting price, confidence that it won't burst to zero
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July 18, 2012, 11:48:29 PM
 #2

Lower, people will remember the last burst and will sell.  Last time people had no idea where it would stop.

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July 19, 2012, 12:38:36 AM
 #3

Lower, people will remember the last burst and will sell.  Last time people had no idea where it would stop.

Ya they'll sell alright

but if theirs enough people buying, that's not a problem

UP UP UP AND AWAY!

 Cheesy

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July 19, 2012, 01:03:44 AM
 #4

"Bubble" is a pretty vague notion. I think a lot of people just use it when, in their opinion, prices have reached an unjustified level. But if prices must rapidly contract in order to get the "pop" implied by the term, how far and how fast do they have to contract? In the last bitcoin bubble, prices contracted by over 90% in about 5 months. Pretty safe to say that was a bubble. But suppose price climbs to 25 then retraces to 15 in 3-4 months. Is that a bubble? Not so clear. I'm expecting that when price contracts significantly, which it surely will at some point, people will say, "see, I told you it was a bubble!" But given how vague the term is in the first place, that's not a very interesting prediction. The whole debate would be a lot more interesting if we had some reasonably precise definition of what counts as a bubble. Something like, "price has to contract by at least 50% within 6 months."
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July 19, 2012, 01:35:35 AM
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"Bubble" is a pretty vague notion. I think a lot of people just use it when, in their opinion, prices have reached an unjustified level. But if prices must rapidly contract in order to get the "pop" implied by the term, how far and how fast do they have to contract? In the last bitcoin bubble, prices contracted by over 90% in about 5 months. Pretty safe to say that was a bubble. But suppose price climbs to 25 then retraces to 15 in 3-4 months. Is that a bubble? Not so clear. I'm expecting that when price contracts significantly, which it surely will at some point, people will say, "see, I told you it was a bubble!" But given how vague the term is in the first place, that's not a very interesting prediction. The whole debate would be a lot more interesting if we had some reasonably precise definition of what counts as a bubble. Something like, "price has to contract by at least 50% within 6 months."

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July 19, 2012, 01:40:13 AM
 #6

"Bubble" is a pretty vague notion. I think a lot of people just use it when, in their opinion, prices have reached an unjustified level. But if prices must rapidly contract in order to get the "pop" implied by the term, how far and how fast do they have to contract? In the last bitcoin bubble, prices contracted by over 90% in about 5 months. Pretty safe to say that was a bubble. But suppose price climbs to 25 then retraces to 15 in 3-4 months. Is that a bubble? Not so clear. I'm expecting that when price contracts significantly, which it surely will at some point, people will say, "see, I told you it was a bubble!" But given how vague the term is in the first place, that's not a very interesting prediction. The whole debate would be a lot more interesting if we had some reasonably precise definition of what counts as a bubble. Something like, "price has to contract by at least 50% within 6 months."

+1.5648
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July 19, 2012, 01:42:25 AM
 #7

"Bubble" is a pretty vague notion. I think a lot of people just use it when, in their opinion, prices have reached an unjustified level. But if prices must rapidly contract in order to get the "pop" implied by the term, how far and how fast do they have to contract? In the last bitcoin bubble, prices contracted by over 90% in about 5 months. Pretty safe to say that was a bubble. But suppose price climbs to 25 then retraces to 15 in 3-4 months. Is that a bubble? Not so clear. I'm expecting that when price contracts significantly, which it surely will at some point, people will say, "see, I told you it was a bubble!" But given how vague the term is in the first place, that's not a very interesting prediction. The whole debate would be a lot more interesting if we had some reasonably precise definition of what counts as a bubble. Something like, "price has to contract by at least 50% within 6 months."

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adamstgBit
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July 19, 2012, 01:54:15 AM
 #8

"Bubble" is a pretty vague notion. I think a lot of people just use it when, in their opinion, prices have reached an unjustified level. But if prices must rapidly contract in order to get the "pop" implied by the term, how far and how fast do they have to contract? In the last bitcoin bubble, prices contracted by over 90% in about 5 months. Pretty safe to say that was a bubble. But suppose price climbs to 25 then retraces to 15 in 3-4 months. Is that a bubble? Not so clear. I'm expecting that when price contracts significantly, which it surely will at some point, people will say, "see, I told you it was a bubble!" But given how vague the term is in the first place, that's not a very interesting prediction. The whole debate would be a lot more interesting if we had some reasonably precise definition of what counts as a bubble. Something like, "price has to contract by at least 50% within 6 months."

ya we over use the word bubble...


but bitcoin is like the master of bubble making  just watch this video

http://youtu.be/EciMcKacMBg - 2 mins
http://youtu.be/gkolebY-N4w - 1 min ( dont listen to the crazy talk in the back  Wink )

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