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Ask HN: How long before bitcoin bubble collapses?

2 pointsby anilshanbhagover 11 years ago
https://coinbase.com/charts In the past 20 days, the value of bitcoin spiked up 3x +. No currency can appreciate or depreciate that quickly, it is usually a clear sign of bubble building up. The question is when will this bubble burst ? My Guess: Around 15 days ~ 10th December

2 comments

carrja99over 11 years ago
One interesting point to notice is that since bitcoin&#x27;s inception there have been numerous bubbles, yet each time the value after the burse is slightly higher than before the bubble.<p>So my guess is that bitcoin will continue to appreciate upwards with periodic bubbles.
katowulfover 11 years ago
I guess that all depends on when Amazon starts accepting bitcoins...