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Title: Which bubble will burst first? Post by: vssa on March 06, 2013, 04:57:36 PM This one?
Dow Marches Higher, Extends All-Time High; S&P Within 1.5% of Record Peak: http://www.btcwallet.org/wp-content/uploads/2013/03/2bb2f2f631319b5bb804593bbd207bdb.png Or this? http://bitcoincharts.com/charts/chart.png?width=940&m=mtgoxUSD&SubmitButton=Draw&r=&i=&c=0&s=&e=&Prev=&Next=&t=S&b=&a1=&m1=10&a2=&m2=25&x=0&i1=&i2=&i3=&i4=&v=1&cv=0&ps=0&l=0&p=0& Title: Re: Which bubble will burst first? Post by: move_zig on March 06, 2013, 05:01:51 PM I think you mean this for your second image:
https://i.imgur.com/UhzSaqD.png It's very misleading to not show a log chart (for either image) Title: Re: Which bubble will burst first? Post by: move_zig on March 06, 2013, 05:02:51 PM Title: Re: Which bubble will burst first? Post by: vssa on March 06, 2013, 05:07:22 PM I think you mean this for your second image: https://i.imgur.com/UhzSaqD.png It's very misleading to not show a log chart (for either image) It is kind of a joke... ;D ,everybody know that bitcoin not really in a bubble (It might be over bought sometimes but not more then that...) Title: Re: Which bubble will burst first? Post by: dancupid on March 06, 2013, 05:12:22 PM The first bubble went from $0.6 to $30+ in about 2 weeks (edit2: should be months) (5000% increase) coming back down to $2 (400% increase).
If bitcoin does that again, I will be remain happy at every moment. edit - if bitcoin did that again we can expect $500 peak correcting to $40+ Title: Re: Which bubble will burst first? Post by: move_zig on March 06, 2013, 05:16:52 PM The first bubble went from $0.6 to $30+ in about 2 weeks (2000% increase) coming back down to $2 (400% increase). If bitcoin does that again, I will be remain happy at every moment. I think it was nine weeks, judging by the weekly chart above. But otherwise I agree. Title: Re: Which bubble will burst first? Post by: dancupid on March 06, 2013, 05:22:27 PM The first bubble went from $0.6 to $30+ in about 2 weeks (2000% increase) coming back down to $2 (400% increase). If bitcoin does that again, I will be remain happy at every moment. I think it was nine weeks, judging by the weekly chart above. But otherwise I agree. Yeah sorry - I was reading months as weeks |
