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Title: We are living the fastest growth ever! Post by: ehoffman on April 19, 2013, 01:14:28 AM Well, 2½ days later and BTC more than doubled in value from 50$! And yet, it seem to be passing much more under the radar than when we gained 50% in a few days :P
Title: Re: We are living the fastest growth ever! Post by: b!z on April 19, 2013, 03:56:30 AM Well, 2½ days later and BTC more than doubled in value from 50$! And yet, it seem to be passing much more under the radar than when we gained 50% in a few days :P +1, agreed Title: Re: We are living the fastest growth ever! Post by: evolve on April 19, 2013, 06:17:07 AM Yeah, that's not a good thing. It wasn't sustainable last time, and it wont be this time either.
Title: Re: We are living the fastest growth ever! Post by: d5000 on April 19, 2013, 06:19:52 AM April 12th growth was WAY faster. Then the price went from 54 to >120 in less than one day!
Title: Re: We are living the fastest growth ever! Post by: ehoffman on April 19, 2013, 10:26:20 AM April 12th growth was WAY faster. Then the price went from 54 to >120 in less than one day! Yeah, now that you say it, it's true! And it went back down :-\ Let's hope it stay at around 120 for a while. That could be seen as a 100->120 in a few days instead of a a 50->120. Title: Re: We are living the fastest growth ever! Post by: kokjo on April 19, 2013, 10:33:23 AM if you people took a quick look on the log-charts, you would see that both in november '10 and june '11 there was faster growth.
Title: Re: We are living the fastest growth ever! Post by: DrG on April 19, 2013, 10:38:39 AM if you people took a quick look on the log-charts, you would see that both in november '10 and june '11 there was faster growth. Yes but I spent all my coin on a pizza 8) Title: Re: We are living the fastest growth ever! Post by: bitrider on April 19, 2013, 12:33:30 PM Yeah, that's not a good thing. It wasn't sustainable last time, and it wont be this time either. Yes. correct. We will be pumped and dumped and thrown all over the place over the next couple of years. Get used to it. But overall bitcoin is growing up and getting stronger. Can you see the forest? Title: Re: We are living the fastest growth ever! Post by: ManBearPig on April 19, 2013, 12:36:51 PM Yeah, that's not a good thing. It wasn't sustainable last time, and it wont be this time either. I maintain that the 10-week period between Jan and March with average daily growth of 1.8% was sustainable but we had to go and ruin it ;) Until BTC finds its true price I'll keep harking back to that trendline which was one of the most 'stable' Bitcoin has ever seen. Also, we are obviously seeing a correction of the overselling following the April 10th crash. It's more of a gain than growth I suppose. We actually saw (only!) a 36% gain on April 17th. Here are all the days with a 20%+ close-to-close gain: https://i.imgur.com/BI3bkrN.png |
