Bitcoin Forum

Every day I see the price going up. Is this the beginning of yet another bubble?

Mini bubble

i don't see a bubble

In 3 -4 days, BTC will drop to 1/2 production rate, means miner will get half what they got before, they will get scared, stop selling BTC, old BTC holders will start sell, but they will be aristocratic lazy, they wont be able to fill the gap, so, after 3 - 5 days, BTC will almost double..

Pofit?! :D

give it another 6 months then call bubble  :D

A bubble inside a bubble?  ;D

Selling pressure will mount when people try to recoup their investment into ASICs. On top of that Holidays are here so people will cash out to buy gifts, travel, and just spend.

Hold on to your bitcoins lol  :D

i love these loooow volume rallies  :D

Accumulation has already happened.

just wait 'til the real volume comes.  you ain't seen nothin' yet.

I smell a bear trap in the near future  ;).

I hope it's a bubble, because I had to sell a chunk to pay some bills. I want my bitcoins back.

hmm, some people will never understand that the price for 1 BTC should be above 100 USD  8)

LOL volume doesn't constitute direction .....i'm guessing you are thinking buying volume eh?

Low volume rallies are an illusion of a real rally.

not always.  go back to May.  i got one complaint about my bullish calls as we started forming a classic flat topped ascending triangle on low volume.  once we broke up and out in a convincing way, only then did all the volume start piling in.  some ppl just feel a need to be part of a crowd before they're convinced.  others have foresight.

why, mr. "full" member?

Agreed.

my stance is still: it's not a bubble unless it bursts all the way.

so either we're still in the first bubble or this isn't one.

No bubble on sigh from my point of view..

http://bitcoincharts.com/charts/mtgoxUSD#rg90zigHourlyztgSza1gSMAzm1g25za2gSMAzm2g250zxzi1gVolzl (http://bitcoincharts.com/charts/mtgoxUSD#rg90zigHourlyztgSza1gSMAzm1g25za2gSMAzm2g250zxzi1gVolzl)

indeed !

You guys still haven't grasped what a 'bubble' means in a traded market, eh?

Hint - if we were in one we'd be at zero or some small fraction. Not 12.40 BTC/USD

It is not a bubble until we get "I love all of you guys, even you pirate and you MNW and you Satoshi and even you Atlas." threads popping up.

Just that I can buy a big house and a new car?  ;D

Good luck proving you deserve those ;)

Since the XZibit pic I've turned my perception of this thread into a comedy :)

1) I wonder how Thanksgiving weekend affected things.  More time to discuss bitcoin with family/friends... but also more time to mess with bitcoins....

2) What price do you think the bubble will burst?  $15, $20, $50? 

3) What price do you think the bubble will settle back to?  Single digits?  I have my buy orders ready at $5 and $2 and $10.

Name:   GeoRW
Posts:   183
Position:   Full Member
Date Registered:   November 09, 2010, 01:04:14 AM

VS.

Name:   420
Posts:   2358
Position:   Hero Member
Date Registered:   June 27, 2012, 03:05:48 PM

At least he didn't blab like a fucking teenage girl, racking up 2358+ posts in less than 5 months.

You bitch. STFU.

Thanks, would lol again

I have more dedication to bitcoin

DEDICATION?? What in the fuck are you talking about? Most of your posts are 10 words or less. You didn't even know about bitcoin in 2010, you fucktard.

.. and it still gives you no right to be condescending to someone's OPINION.

Bitch.

Bubble or not why care? All we know that after it goes up it goes down same way. It is very small market what do you expect?

+1

 1 pure bubble! :)

What we have here is people buying up bitcoins to give them out as christmas presents. Expect the price of bitcoins to steadily climb up until dec 26, when the price will drop back down to where it is now.

Fail lol