Bitcoin Forum

Looks familliar? :S

https://images.weserv.nl/?url=ssl:upload.wikimedia.org/wikipedia/commons/thumb/4/4b/Stages_of_a_bubble.png/800px-Stages_of_a_bubble.png&fnr


http://i44.tinypic.com/2vk0x88.jpg

:S

Do you know how many times I've seen that chart? I can't take it, if I see it one more time I don't know what I'm gonna do

so you're trying to imply that the price will fall even more. All the more makes me doubt about buying right now.   ::)

Dragonkiller what are you going to do now? Shit your pants?

Grr  :P

We are still in the awareness phase, or am I missing something?

Don't see anything here that I identifies with the current situation.  I don't think a lot of those that expect a crash greater than 61.8% understand the sheer amount of money that was and is still coming in.  Over 225 Million dollars has changed hands in the last three days alone, just on Mt. Gox along with 2.25 Billion Yuan (~367,000,000 USD) on BTC China.

OP, before shorting, you should do some extrapolations and atleast integrate some mathematics instead of trying to confer something with which you cannot grasp.

Not this again.

If I had a mBTC everytime somebody posted this chart.

I think the OP is spot on and is lucky enough to find this at the right time.

Never seen this before.  What is this?

Yes, that was in April... you were here. At least registered on this forum

What I can make out of this chart is we will return to $100-200 and it will remain stable at that level after touching "New Paradigm" at ~1250.

I very much agree to this if it materializes, BUT Bitcoins have surprised me on both sides, the upside and the downside. Personally I am not touching new coins at this level as I do receive a bitcoin dividend a month. That´s enough risk...

Another example of someone who got left behind and went short far to many times to see whats really happening here.  Tsk tsk, greed will be your ruin, sir.  Enjoy your day and may your best wishes become true, just because someone did it to you doesn't mean you have to go full eye for an eye.  Bad taste and reflects poorly on you.

Don´t see much greed here. I thought we were in the speculation forum, and he is expressing his view. Your post tastes bad and reflects poorly, as it does not add anything valuable to the discussion. I smell a troll. Good bye permabull, you are on ignore for the future

His "view" is blindness then?   The charts don't match.  

One dipped to $550 then went back up to $700 and held.  (reality)

The other one took a skydive to the very bottom.  (the hypothetical chart)

They don't match.  

So I suppose he's expressing his view which indicates he can't see whats in front of his face, and therefore deserves some snarky replies.

PS:  There's a unicorn outside my window.  If I kept telling people that, i'd end up in the loony bin.  

I agree, more and more bulls get angry when people state there is an increased downside risk. Clearly shows how nervous they are. The last a few weeks they were laughing at bears, now they get angry. A good indicator that we have entered the fear phase....

Can we please stop with this ridiculous graph already. Yes it looks familiar but go and check the graph during the april bubble.
Does it look familiar?

People laughed at the bears selling at 600-800. I have no qualms with anyone selling from 900-1200 huge returns on a lot of their investments. Its the panic sells that are slowing the return to growth.  But now the bears are trying to convince people that were in some sort of fear state.. only cause they themselves spew so much of this fear.

Most bulls keep saying to buy more on these dips or just hold. The bears are perpetuating fear to win on shorts which is purely greed. So here we have the late panic bears.. who sold at 700..trying to make what those who sold at 1200-900 made.. sorry your fellow bears aren't gonna sell too much off this close to a Monday, they were busy doing it Friday.

I am reading from your post that April was a bubble and you do agree that we are currently in a bubble as well ? Might have misread... English is not my native language....

We know, all bubbles will pop at some stage

My posts reflect the opposite of your assumptions, while your posts do not.  I have fear when you feel the need to ignore me?  ;) Don't worry buddy, I'm rooting for you.  

How does choosing a low-risk strategy like buy-and-hold make someone greedy?

+1

Sell High - Buy low to gain more BTC from weak hands is being greedy.

Because I do not believe that buy and hold is a low risk strategy. You should always have stops placed to protect your gains/cut your losses. Even in Bitcoin.

This is what people still use to refer back to that particular point in time. Obviously it is long proved by now that it wasn't a bubble.
Have you checked it already?

At that point of time it was a bubble and popped and a lot of people lost a lot of money. However, let´s see what´s going to happen with the bearish pennant within the next a few hours. I would be surprised if it is going to break to the upside. But as said, bitcoin is always good for a surprise.

<3

It makes me laugh if you speculate low prices in any post, and suddenly the bulls appear the ones who bought at 800-1200 and start insulting you because they are too afraid to face the reality  ;D

Just chill bulls, earlier I got the same treatment when btc was at 1200 and I called ~500 lol.
Hehe bulls kept shouting 10k to da moon to da moon a week ago where is your moon now? ;D Why aren't you shouting now.

Came out here for trading? It needs BALLS :)

It wasn't a bubble because the price now is 3 times higher and even reached 1200$. Fact.
The only people that lost their money is people like you that believed that it was a bubble.
( The very same people posting that ridiculous graph back then)

Haha, who told you that I lost money ? Only people buying high and selling low are losing money. Has not happened to me so far ;)

I don't see google trends for bitcoin falling either. Quite the opposite actually. Another indicator that we are not crashing but it might be a bit too early to compare with the google trends right now.

need to put a bitcoin logo on that beartrap.

What makes you so sure that this is not a bull trap ? I will agree with you once we break the downward channel with significant volume.

Oh, you mean this?

https://images.weserv.nl/?url=ssl:images.weserv.nl/?url=ssl:upload.wikimedia.org/wikipedia/commons/thumb/4/4b/Stages_of_a_bubble.png/800px-Stages_of_a_bubble.png&fnr&fnr

It is a chart that people keep sending every 5 minutes.   Don't tell Dragonkiller.

According to google trends we haven't crashed at all. Google trends are a very poor indicator  :-\

Just hit the ignore button under everyone that posts this chart.  That's what I do.  They aren't worth listening to in the future as far as serious analysis goes anyway.

Wish list of threads would have some warning about OP's activity or something.. time is too valuable to waste it on opening this shit.

Punctuation (http://www.thepunctuationguide.com/), my friend. It's a thing. Check it out.

My point is that while some think we are in despair, I don't think we have even got close to the mania stage yet.

We are still playing with potential at the moment, its not as if we are in the same place as Facebook and Twitter and their IPOs - its going to take at least 5 years before we can look back at Bitcoin and see this graph reflected!

I am 12 and what is this.

What the new data after 12 hours tells you, your graph does not fit so nicely now...

Assuming you can time everything perfectly.

Yep, it looks familiar. This is the 2011 chart that people were posting when bitcoin fell from 29$ to ~2$.

+1

But here's a pat on the back for trying OP.

That chart has been used to validate week hands and over leveraged investor's liquidating BTC holdings at $4 $12 $31 $266 $?

Those that use btc as a headge against inflation have historically succeeded by using the buy and hold stratigy.

If you must, set your entry and exit point and don't let market day to day sentiment sway you.

Yet realize that exiting BTC to your fiat of choice will leave you with a bad after taste.
Unless of coarse that move resulted with you having more BTC and debt free in the end.

adding annoying colour to your posting texts means you dont have to worry about punctuation ever again

The greed made me not sell the coins I bought at 900+ in a panic.. oh sure yeah right... Sorry People were busy stuffing their pockets with btc and fiat off the panic they and you spread.. get real you crook.

+1
would someone be so kind and post the current graph ?
bitcoin didn´t behave like textbook example chart ? what a bummer ! :o

Don't use bitcoin price to support arguments. The price is so volatile that in the short term everyone is somehow always wrong  :P

good luck finding out where you are...

http://i39.tinypic.com/hx64d3.png

No no, its the one they posted at $266! They were definitely right that time...

I think that graph should be the first reply to everyone that's posting the bubble graph from now on  :P

People posted the same graph when we peaked at 900 and 'crashed' to 500, now they look stupid. OP, you are going to look stupid.

And as usual , any graph that resembles the bitcoin price graph at this moment , after two days it is sooooo different.
 I like how poeple who were so active during the bitcoin crash are going silent these days.
Probably they will stay in their caverns waiting for another April or China.

Oh look, what a graph! Scary!

C'mon man, as said before in this thread we have seen this shit I guess one bitcoin time ( 8)).......

See you when it will be 10.000$

From now on, idiots posting this picture get instaignore. It was fun to reply first three million times, but now it's turning into blind idiocy since that graph has not once been even close to correct so far. *plonk*

Someday, it will. The price increases become less dramatic now that more money is needed for every order of magnitude rise. Eventually, that should also stabilize the market further. In fact, Bitcoin's resilience the last few days after a massive drop may already show this happening.