Bitcoin Forum

Economy => Speculation => Topic started by: dree12 on July 06, 2013, 03:54:27 PM



Title: The inverse bubble
Post by: dree12 on July 06, 2013, 03:54:27 PM
If this isn't a bubble, I don't know what it is. The price is dropping for no apparent reason, and the drop is intensely accelerating. When will it pop?
https://i.imgur.com/TkNNDXj.png
NB: This is a log scale chart.


Title: Re: The inverse bubble
Post by: ElectricMucus on July 06, 2013, 04:26:05 PM
Getting this chart requires mental gymnastics in several disciplines at once, are you up for the challenge? I'm not sure I am...


Title: Re: The inverse bubble
Post by: Dalib on July 06, 2013, 04:31:17 PM
Yes, we may see a correction soon - "Dead Cat Bounce"  ;)

https://www.bitfond.com/images/bitcoin/bitcoin-dead-cat-bounce.png

But then probably capitulation and bottom ...


Title: Re: The inverse bubble
Post by: Walsoraj on July 06, 2013, 04:42:47 PM
I am planning Shoryuken uppercut candle soon.


Title: Re: The inverse bubble
Post by: Walsoraj on July 06, 2013, 04:51:25 PM
Dump and Pump?

No, straight up. Possibly to infinity.


Title: Re: The inverse bubble
Post by: Dalib on July 06, 2013, 04:52:14 PM
Dump and Pump?

yes, panic sell and panic buy  :)

maybe: dump -> pump -> dump -> and then road on the bottom  ;)


Title: Re: The inverse bubble
Post by: ElectricMucus on July 06, 2013, 05:21:35 PM
Dump and Pump?

No, straight up. Possibly to infinity.

Thanks, now my brain hurts.


Title: Re: The inverse bubble
Post by: Walsoraj on July 06, 2013, 05:26:04 PM
Dump and Pump?

No, straight up. Possibly to infinity.

Thanks, now my brain hurts.

Try not to think so hard. Just throw USD at MtGox while there is still blood in the streets. This is musical key to major success.


Title: Re: The inverse bubble
Post by: Technomage on July 07, 2013, 01:53:47 PM
This is my kind of chart ;D


Title: Re: The inverse bubble
Post by: smith1023 on July 07, 2013, 01:59:15 PM
Dump and Pump?

No, straight up. Possibly to infinity.

http://img38.imageshack.us/img38/403/s1fa.jpg


Title: Re: The inverse bubble
Post by: bitcoin44me on July 07, 2013, 02:02:38 PM
Everyone is holding, no one (except miners) is selling


Title: Re: The inverse bubble
Post by: SlipperySlope on July 07, 2013, 02:19:49 PM
Very insightful illustration of this plunge.

Accordingly, its unlikely the bottom of this plunge will not be gentle and rounded, rather it will be a single day spike down with seller exhaustion followed by a sharp rally.



Title: Re: The inverse bubble
Post by: dree12 on July 11, 2013, 02:19:28 PM
Need I say... POP!

https://i.imgur.com/4ijGzrW.png


Title: Re: The inverse bubble
Post by: dree12 on July 12, 2013, 11:28:01 PM
https://i.imgur.com/Sv6OAij.png
USD/mXBT, last 2 months. Any questions?

When bubbles pop, they pop all the way.


Title: Re: The inverse bubble
Post by: PerfectAgent on July 13, 2013, 01:36:44 AM
Like I said, the recent increase is a reaction to the price sliding down too fast.