To be honest, people do not even let it pass 500... They cash out all the time. I cant imagine a bubble anytime soon.
Yes people will start to sell if the price even touches again 500 mark. Last time also price begin to go down within 10 minutes after it reach near 510$. As natural human nature they always try to make quick profit, nobody cares about future price if they are holding small amount.
^^^^^ That was the right on the nose. OP, hyena, thought we'd see $13200, I know ridiculous. Don't ever believe anything hyena says. Just so f*cking ridiculous, $13200, really hyena???
If there is continuous adoption of bitcoin, $13,200 will be surpassed in 5 years. If there is no good community, the bitcoin will die soon,
In terms of adoption and therefore being resposible for a rising price you're right.
And regarding the community I'm not sure what you exactly mean. The Bitcoin community is growing, evolving and changing constantly.
Lot's of debates happened recently. Fork, Blocksize increase, Bitcoin or Blockchain etc.
I think this all is part of the process.And each day more we are here and exist the harder it gets to "destroy" us.
Comments about the community, yeah its growing.. but I seen more scams lately appearing.
Which is never a good thing, but theres not much we can do about it. As for "destroy" us part, yeah its getting harder for people to debate about bitcoin.
Yes, we can't do anything about the scams, unfortunately! And as we grow even further, I expect that we will see even more scammers!
But one thing I do find extraordinary, is that people are much more careful this year with their bitcoins in my opinion than just last year for example. I get this sentiment from reading and posting on this forum, and I do spend a lot of time here. I guess that people are getting smarter with their money and as long as this is happening, scammers will see their success rate decreasing further, even if there is more and more of these scammers!