Bitcoin Forum

Ive think that this is it look at this:

http://s24.postimg.org/fvlramx79/buble.jpg

And now look at the all bubles:

http://people.hofstra.edu/jean-paul_rodrigue/images/blowingbubbles.gif

sarcasm?

Solid proof OP. Sell sell sell!

https://www.youtube.com/watch?v=rKMMCPeiQoc ::)

These topics are starting to get really boring.

because its true ? :D

http://en.wikipedia.org/wiki/Rorschach_test

Your interpretation of the image is way more meaningful than the actual image.

If you dont see it thats mean that you are blind as bat!

STFU with your amateur hour analysis.

I will reply here tomorrow, so you can see your stupidity.

OP might be right, some levels are actually broken, if this is a bubble, we will know in the next couple of hours...

Bitcoin-central hacked.
Slush pool hacked.

Bitfloor closed by regulators.

The steam may be done for now.

Overlay the NYSE and FTSE for the same period as the Nasdaq image.  That will make it clear that you are selecting periods that suit your belief rather than responding to any natural order of things.

Interesting! Good job, Op!

Bitcoin-24 closed. Millions of EUR and nearly BTC30k frozen

If you really think you are able to predict the future price based on a silly graph then you are extremely delusional. Markets almost never play out exactly like you think they will, or we would all be rich. Now go short on bitcoins like there's no tomorrow and become a rich mofo. We'll talk to you tomorrow. :P

You are just stupid bull sir. Just watch today movie on http://bitcoin.clarkmoody.com/ tickets are freee

If you want to buy cheap coins you really need to make a better effort than this lol.

So let's see where we are tomorrow - ok?

I sold them all at 160$ sir :D

one word./...........................SELLL SELLL SELLLL SELLL , BITCOIN IS DONE FOR

yep i sell and waiting for big pop out of bubble :D

keep waiting  ;D

The last time the bubble popped there was alot more upwards momentum than this (the price hasn't changed much in the last 24 hours) .  I'm thinking theres a bit more climbing to be done before it pops. But I'm not confident to buy back in right now ( I panic sold at $156 yesterday) as if theres much lag I might end up selling for under $156 anyway.   

Bitcoin at $3...

http://www.youtube.com/watch?v=9iCd6UHR-3I

That's what I said, you want to buy back in but not at the current price of $156 because that's only just below what you sold them for. I wish you good luck, but don't be surprised if you are going to be left behind this time. ;)

if any bull  who can prove to me that bitcoin is worth 160 dollars due to the amount of actual consumer trades which is done with it as appose to a speculative vaue of the bitcoin ,  i will never ctizcise bitcoin again. however to just spulatively come up with 160 dollars per bitcoin when lets face it, its not traded enough for that to be the case between retailers and consumers (not traders). and NO you can't use 'well the idea bitcoin portrays is worth 160 dollars each', as standard economics, thats not the case.
Show me sales revenues apart from silk road and satoshi dice, which proves that bitcoins is worth 1.6 billion dollars. please! Otheriwse bulls stop speculating it should be higher ! and stop saying this is not a bubble !

Before anyone does that, can you prove that a van Goth is worth millions?

We had 3 waves down after the bubble, with the 3rd ending in massive capitulation selling and a low of around $50. Huge buying came in and is still carrying us back up now. $50 again only in your dreams. The chart is very bullish, but we will of course get dips and consolidations along the way as people adjust to new price points.

yes van goth is dead, deceased, he can't rise up from the dead and paint a new mona lisa, therfore its understandable why the mona lisa is woeth that much, especially if you read up on van goths history, you can understand why it should be worth that much

And you didn't rebuy low? Congratulations you managed to pay gox some free transaction fees without losing any money.

I agree with you that just judging by the usability for paying stuff, and the still overall bumpy usage experience, a rate of $20 would feel more natural. At least for the people having seen BTC rates of $3.


But there is one confusing circumstance. Bitcoin can be used both for transacting, and for storing value. The latter one is highly risky, but you must admit that it is exactly this promise (as given through the limited number of coins and the deflation to be expected on the long run) is what makes Bitcoin look interesting and different when compared with fiat.

Now, if we have an constant influx of new Bitcoin investors, the rate simply has to go up to make room for their holdings. And for the people just using BTC for transactions this might mean some growing pains, but something to become accustomed to.

As long as

• the Bitcoin system doesn't get raided or is broken
• the fiat money continues to be managed this badly as it is currently
• the BTC related economy continues to grow and expand

...then we don't have a pyramid system, and we don't have a total bubble (while there might be some exaggeration).

I buy in january when it was about 15-20$ then sold at 210$, then rebuy at 60$ and sold at 160$ and i think it will fall soon enough i graduate economical school so i know something about it :)

Oh yeah, and what's your entry point? Please tell us, so we can quote the post if you fail to buy-back.

The point is it will collapse soon enought maybe today, maybe next week. But it will and i will laugh in your face and buy your chip coins :)

You won't buy my cheap coins, because they are not for sale. And by the way: cheap coins can be $200 per coin or $0.6 per coin, it depends if you just discovered BTC or not.

Most of the ones that are into bitcoin for at least 4 months bought BELOW $20 (January 2013). You are a noob, I can bet you bought way above $20 - good luck with buying coins below $5, $10 or even $20.

Summing up: wake up, is the ones who were around for months who are laughing at you. Feel proud for buying back at $60... Yeah, so proud :D

That's silly. 8 year old kids in China copy van Gogh's work and if you put 49 of their paints and mixed in an authentic starry night, I couldn't pick out the real one. You can buy the replicas for $20 on ebay.

At this point, I am seriously doubting that you could pick it out either. By no means am I an art fanatic, but I could quickly tell you that Leonardo da Vinci painted the mona lisa, not Vincent van Gogh.

yes you will be proud soon enough :) The Crash is comming :D

if u hate this thread...

click report to moderator... reason: ANNOYING

Ohhh snap its annoying you because im writing truth and your mind is confused by 10 000$ per btc ? :)

1. BTC is trading at (around) $160. That's the market price. If you don't think it is worth it, the burden of proof is on you, not the buyers.

2. Speculation is on future utility, not only current utility... But don't talk down the current usefulness either

3. There is more to utility than paying for things. Value store is important too.

I think it's mainly because of your terrible english

https://encipher.it/?zFg

Umm okay.

Also, it's not like the utility of bitcoin is stagnant. More and more companies are accepting bitcoin or considering it, and the ones who do accept it are likely not going to change their minds later on...

these threads are as idiotic as are "10000, here we come" ones... random nobody opens a thread and post 100 million dollars prediction ...

kids and computers..

*facepalm*

http://www.wikipix.ch/images/1366572790obvious_troll_is_obvious.jpg

lol trolling ? look at the price of btc its fallling... :)

2 days untill the 90's level, ahhhhh, nice little suckers run, but lets face it, 160 dollars, HUGELY OVERVALUED atm, 90 dollars is a nice ground, and unless people feel it should be worth more, it goes down, never sits still at price for too long as thats boring and noones in this to buy bitcoins and use them, jsut to have fun trying to get rich quick, therefore, unless people believe that bitcoins should be worth more and want to be burnt like last time, we're going down to double digits baby ! here it comes

GREAT, CHEAP COINS AHEAD :D

The dump failed, here come the buys!  ;D

It was single maniupulation to "rescue" price but it will fall to 145 :)

typical bear... it's always a manipulation when it goes up.  ::)

Ofcourse when it goes back up it's manipulation when it goes down it's perfectly normal.. backpedal some more please moron.

$145? Wow. What a crash. It "crashed" to the same level we first had three weeks ago (around April 7th). Wow. It crashed hard from $20 in February to $140 now. That hurt a lot.

 ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D

Yes because it was sigle buy order :) Just watch the charts :)

And the sell wasn't  ::)

I use them as an indicator.

Indeed. Lokk how price is going donw slowly...

dont feed the troll

Agreed.

"Don't argue with idiots, they will drag you down to their level and beat you with experience."

JUst keep watching moodys :) ITs fun to see this digits :)

Funny how the trolls registered within the last month

You just angry because your dreams falling down ? :)

What dreams? I'm playing with free money  :-*

Betters sell now because tonight it will be huge discount :)

I have cash to buy at discount alongside my coins  :-*

It seems that this guy doesn't know what he's doing, on the other hand maybe he know exactly what he's doing, we shall see...  :D

http://image.bayimg.com/27e50bc02063c130552ac089f2658fddbca1a9ec.jpg

JUst wait for the LTC on mtgox. People will figured out that they was fullish with overpriced bitcoins while they can buy cheap litecoins :) this will be huge :)

Well guys, if we break $145 we may have some relatively cheap coins ahead. I keep dreaming about $30 coins, but unfortunately I think is only a dream :D

This is so exciting, this is what I will watch tonight :D

Green Green Grass Of Home - http://www.youtube.com/watch?v=a5IABqwVO2U

VS

Red Light Zone - http://www.youtube.com/watch?v=Z9Q6Xq1Tco0

146 again... DOH :D

This guy just dumped everything he bought half an hour ago, so, now we know what will happen...

Don't you think he has learned from the experience?

So whats up guys ? Do you mad that i predict this crash? Just dont worry we will be under 100 soon :)

i do so mad..

 >:( so >:( mad >:(

I see what you did there...

Wow... So mad... Really really mad.

I predict that the price will go down, and then it will go up.

And I did not study economics to know that :D

You do realise that there are thousands of people in many different threads EVERY SINGLE DAY. Claiming there is a crash around the corner?

Lets see where we are next week.

Next stop:

https://i.imgur.com/0YieCBj.jpg

Verry low i think :D

Very low? Very low is below $20 my friend. Anything above $20 is still huge gains compared to where we were just at the end of 2012.

I'm ready to buy all the coins available at $50, my fiat is waiting for that moment btw :D

any time any says this on the forums, they are showing their hand. expect to be undercut by every single lurker. you will never get your coins at $X if you tell people you expect it to bottom out at $X -- because then it won't.

and we're not seeing $50 again, at least for the mid-term, at this point.

Well, a man can dream, a man can dream... I've been expecting a big crash to go "all in" since we were at $30ish, I keep dreaming about that.

You trust holding large amounts of fiat at exchanges? You must be really dumb.

Alternative hypotheses, you are talking shit and the reality is you have a small amount of money available in an exchange.

Really dumb? And how do you think that traders trade? You need both fiat and BTC on the exchange, you knew that?

In fact at this moment there are +$20M sitting on Gox's order book, plus +130KBTC. Lot's of dumb people, right?

Of course there are risks, bitcoin trading is risky for many things, and the poor infrastructure is one of them.

Nevertheless, there was never a single case of hacked account at Gox that used 2FA (youbikey and/or google authenticator). Yes, there can always be a first time... But it's a risk you will have to take if you want to trade intra-day.

Normal people only selling while bots buying thats mean one thing. We are going down. Also second day red candle says all.

A trader should keep enough reserve to cover his trades and that's it.

Using MTGOX as a bank account is the most retarded thing I've ever heard.

a) you are losing money. very minute you have fiat sitting in MTGOX you are losing money.
b) you risk losing it all, it's a considerable risk leaving large amounts of FIAT at MTGOX. If their accounts get closed tomorrow will you see any of it back? who knows.

Well, if you trade a consistent volume (lets say 5 figures of fiat and 4 figures of BTC) you will need that amounts, which may be very big for you, on the exchange. That's the reality if you are trading more than just play money.