Quote from: S3052 on August 17, 2013, 07:20:22 AM

So many people have predicted that bitcoin is in a bubble and is doomed to death.
There are most often the same people who push stocks up into bubble territory.

Now let's get to the bottom of this:

1) Is Bitcoin in a bubble?
Look at that longterm chart. Where is the bubble? I can't see it.
The uptrend is healthy.

2) What are REAL bubbles?
The NASDAQ bubble has already popped 13 years ago
There are some new bubble stocks in there that either have already popped or will do soon (LNKD, PCLN, etc.)

these are the real bubbles

how do other see that?

Quote from: S3052 on August 17, 2013, 07:50:59 AM

Quote from: vokain on August 17, 2013, 07:49:14 AM

Bubbles are artificial Wink

yes, like the stock market is pumped up by the QE from the fed.

Bitcoin is real.

Quote from: S3052 on August 17, 2013, 10:11:34 AM

Quote from: Zaih on August 17, 2013, 10:03:01 AM

Saying it how it is

yes, I wonder what the media says when bitcoin hits 1000$. perhaps they will again call a bubble or they say that next target is 10000$.
If they say the latter, I'd be wary about a bubble. If it is the former, there is more upside.

And on stocks, we can wait until the financial media calls for "sell stocks", because this will be close to the actual bottom. This may be around 400 for the dow jones industrials.

+1

good thread!

me i say 3000$ is the next target

its not hard to see bitcoin worth +1000$....