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Title: [11/27/2013] - What goes up must come down - NYTimes Post by: BitcoinWalker on December 04, 2013, 08:29:38 PM http://www.nytimes.com/2013/11/27/opinion/much-ado-about-bitcoin.html?smid=tw-share&_r=3& (http://www.nytimes.com/2013/11/27/opinion/much-ado-about-bitcoin.html?smid=tw-share&_r=3&)
And this is what Yahoo! News said: "Booting Up: The Bitcoin Crash ‘Is Going to Be Great’" http://news.yahoo.com/booting-bitcoin-crash-going-great-132103268.html (http://news.yahoo.com/booting-bitcoin-crash-going-great-132103268.html) Have fun! Title: Re: [11/27/2013] - What goes up must come down - NYTimes Post by: PenAndPaper on December 04, 2013, 08:36:37 PM I can read posts in this forum that can support the bubble argument 10 times better.
Also it's natural for that guy to Title: Re: [11/27/2013] - What goes up must come down - NYTimes Post by: cr1776 on December 04, 2013, 09:13:40 PM They are right if it is the Time's circulation numbers and influence.
http://www.nytimes.com/2013/11/27/opinion/much-ado-about-bitcoin.html?smid=tw-share&_r=3& (http://www.nytimes.com/2013/11/27/opinion/much-ado-about-bitcoin.html?smid=tw-share&_r=3&) And this is what Yahoo! News said: "Booting Up: The Bitcoin Crash ‘Is Going to Be Great’" http://news.yahoo.com/booting-bitcoin-crash-going-great-132103268.html (http://news.yahoo.com/booting-bitcoin-crash-going-great-132103268.html) Have fun! Title: Re: [11/27/2013] - What goes up must come down - NYTimes Post by: Lethn on December 04, 2013, 09:51:09 PM When will people get it? The only thing that's in a bubble is paper money.
Title: Re: [11/27/2013] - What goes up must come down - NYTimes Post by: Gabi on December 04, 2013, 10:09:12 PM I disagree
Quote “What goes up … better doggone well stay up!” —Morgan Gravitonics, Company Slogan Title: Re: [11/27/2013] - What goes up must come down - NYTimes Post by: LiteCoinGuy on December 04, 2013, 10:36:13 PM there were already "bubbles" and there will be. dont worry.
Title: Re: [11/27/2013] - What goes up must come down - NYTimes Post by: BitChick on December 05, 2013, 12:32:01 AM The so called "bubbles" seem to be getting smaller. ;D
If the price goes down then goes up higher later is that really a true bubble? I thought real bubbles pop only to never grow again? We have never really had a bubble that popped completely. Title: Re: [11/27/2013] - What goes up must come down - NYTimes Post by: Junko on December 05, 2013, 01:17:56 AM With Bitcoin, it's more like, "What goes down must come up."
Title: Re: [11/27/2013] - What goes up must come down - NYTimes Post by: Tirapon on December 05, 2013, 01:25:43 AM What goes up must come down - unless its going to da moooooon!!
Title: Re: [11/27/2013] - What goes up must come down - NYTimes Post by: bryant.coleman on December 05, 2013, 03:41:38 AM Hmm... I don't agree. I think the price will increase further in the coming weeks.
The reason is: Most of the early bitcoiners have made their share of "profit booking" at $1,000 levels. I don't think that unless the BTC goes above $2.5K we will see any significant selling from this segment. On the other hand, although the initial enthusiasm from China has waned a bit, I don't think that the demand has dipped significantly. Title: Re: [11/27/2013] - What goes up must come down - NYTimes Post by: BitcoinWalker on December 05, 2013, 05:18:58 AM The logic of the article is simple: when you are running up a little too fast, you will be very likely to fall hard. We'll see if this 'lemma' can apply to BTC.
Title: Re: [11/27/2013] - What goes up must come down - NYTimes Post by: kjlimo on December 05, 2013, 05:50:41 AM so does what go down must come up?
Title: Re: [11/27/2013] - What goes up must come down - NYTimes Post by: BitcoinWalker on December 07, 2013, 02:10:39 AM It looks like the market is supporting the analysis of NYTimes.
Title: Re: [11/27/2013] - What goes up must come down - NYTimes Post by: PenAndPaper on December 07, 2013, 04:09:18 AM I guess folks over at nyt are celebrating right now for their precise predictions :P :P
Title: Re: [11/27/2013] - What goes up must come down - NYTimes Post by: bryant.coleman on December 07, 2013, 01:06:13 PM I guess folks over at nyt are celebrating right now for their precise predictions :P :P What they'll do when Mt Gox break the $1,000 mark again in a few hours? Did they predicted that the crash will only last a few hours? Title: Re: [11/27/2013] - What goes up must come down - NYTimes Post by: LiteCoinGuy on December 07, 2013, 03:06:54 PM when the price is high - headline.
when the price "crashes" - headline. in the past and in the future. Title: Re: [11/27/2013] - What goes up must come down - NYTimes Post by: PenAndPaper on December 07, 2013, 06:23:48 PM I guess folks over at nyt are celebrating right now for their precise predictions :P :P What they'll do when Mt Gox break the $1,000 mark again in a few hours? Did they predicted that the crash will only last a few hours? It seems that you predicted it for them and guess what. You are wrong. Nytimes prediction are ridiculous but the same applies to every bullish prediction here as well during the last 2 days. Title: Re: [11/27/2013] - What goes up must come down - NYTimes Post by: bryant.coleman on December 08, 2013, 04:42:59 PM It seems that you predicted it for them and guess what. You are wrong. Nytimes prediction are ridiculous but the same applies to every bullish prediction here as well during the last 2 days. I don't want to blame the NY Times. But did they predicted that BTC will rise from $15 to $1,000 early this year? My problem is that 99% of the predictions by the so called media experts are bearish in nature. All they want is to scare people away from BTC. Title: Re: [11/27/2013] - What goes up must come down - NYTimes Post by: PenAndPaper on December 08, 2013, 06:00:17 PM It seems that you predicted it for them and guess what. You are wrong. Nytimes prediction are ridiculous but the same applies to every bullish prediction here as well during the last 2 days. I don't want to blame the NY Times. But did they predicted that BTC will rise from $15 to $1,000 early this year? My problem is that 99% of the predictions by the so called media experts are bearish in nature. All they want is to scare people away from BTC. Is there anyone at all that predicted that bitcoin will rise for 15$ to 1000$ ? And kids starting "bitcoin will be 1000000000000000000000$ in 2 hours" threads don't count ::) Title: Re: [11/27/2013] - What goes up must come down - NYTimes Post by: bryant.coleman on December 09, 2013, 08:19:37 AM Is there anyone at all that predicted that bitcoin will rise for 15$ to 1000$ ? And kids starting "bitcoin will be 1000000000000000000000$ in 2 hours" threads don't count ::) Well... I could find only one link (http://cs702.wordpress.com/2011/05/29/on-the-potential-adoption-and-price-appreciation-of-bitcoin-in-the-long-run). But I am sure that there are plenty more. |