Quote from: Kemarit on September 27, 2018, 07:17:36 AM

Quote from: exstasie on September 26, 2018, 10:47:15 PM

Quote from: kingcolex on September 26, 2018, 09:31:12 PM

Quote from: michaelharmsen on September 26, 2018, 09:06:32 PM

that's a good question.. I think that won't happen before 2025

That feels pretty realistic especially with how the up and downs go in the Bitcoin market. Quite a few mental barriers along our way up.

I would just loosely say "the next bubble". That could be closer to 2020 (halving season), or it could be 2025 or later. I'd bet on the former though, because I think the extremely limited supply will always drive prices up speculatively before adoption goes exponential.

Either way, timing any market is nearly impossible, let alone a market with less than a decade of price history. Cheesy

Yep, perhaps prior to the next halving we might see another bubble form topping at $100,000 followed by another bearish trend. Because its only logical that after the next halving, those bag holders who accumulated will have to liquidate at some point it time, which means another cycle will follow soon after that. But another question though is that how miners are going to be affected by this halving and what's its correlation on the future price of bitcoin.

That is a good question but I think it will never happen because this price is too high that nobody will buy it. In my country $100000 is very big amount and I can even buy a readymade big house. I will never invest in bitcoin if the price ups more than $30000. In my view there should be a limit for bitcoin so that everyone is able to invest in it to earn some money.