Quote from: Walsoraj on August 18, 2013, 06:58:11 PM

Quote from: S3052 on August 17, 2013, 08:31:15 PM

Quote from: redwraith on August 17, 2013, 08:14:00 PM

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?

The REAL bubble is the U.S. Treasury Bond market, that is the backbone of the financial system that's been inflating since 1982 and when that bursts, well, I hope ya'll have a lot of gold, silver and bitcoins.

Yes.
That's a good one.

huh? bond burst results from rising interest rates... If that happens, virtually all assets including gold, houses, BITCOIN, etc, should go down, no?

bond bubble is not good for bitcoin, unless you intend to sell before rates go up and re-buy at bottom. good luck timing that.

there are two effects with different impacts:
1) the overall deflation of all assets which can also impact BTC as you suggested above
2) bitcoins infancy with still huge potential. just imagine every citizen of the world would have 0.001 BTC...