Re: Bitcoin price cycles

Quote from: keystroke on June 17, 2016, 11:17:46 AM

I think we are entering another super-cycle but there is still going to be a ceiling on stable price, which can be temporarily overshot, due to the cost of mining taking up too much of the world's energy consumption.

https://bitcointalk.org/index.php?topic=694401.msg9186092#msg9186092
https://bitcointalk.org/index.php?topic=694401.msg7841448#msg7841448

Would be helpful to run these numbers again.

I believe a super-cycle is way overdue, but because of many problems right now it is being held back

for example the bitfinex problem and the blocksize debate that has been gone on for way too long and is still not even anywhere close to solved.