Bitcoin Forum

This is the chart of the "stage of a bubble". Now we are at in the Return to "normal" phase. I will buy Bitcoins during the desapair phase and you should do the same.

(If you Google for similar images, you'll see the same patterns in many other finacials bubbles in the past)

http://trader2trader.files.wordpress.com/2012/08/2009-07-18-bubblestages.jpg

Mind the gap!

Nick

wow a noob found this pic on the interweb!!! Congrats you idiot.

As if this hasnt been posted b4 when price crash from $250 - $130, $900-$400, $1200-$600

BS

This is just like the January chinese crash, we all know how that turned out. If everybody is expecting a bubble pop, it is not going to happen.

Fonzie, is that you?

No its his mother. The troll even asks his mom for help.

If this sort of shit was even close to predicting shit people could just short everything with a similar pattern and forever have a +EV. Nahhhh

This forum really needs to do something about clueless noobs starting threads.

It seems like 90% of annoying troll threads are started by those with single or double digit activity.

Perhaps a minimum activity of 100 (or even higher) should be required.

Starting a thread with that ridiculous "Main Stages of a Bubble" graph in the original post should result in a loss of at least 50 activity points.

Oh look you found the same image everyone else has. At least post some BS TA charts. This is the speculation forum, speculate instead of, "SELLSELLSEL!!"

This is how I feel about this thread (https://i.imgur.com/FuaJOXG.gif).

Wow never seen this before how enlightening.

Maybe this will help the noobs to understand:

http://i664.photobucket.com/albums/vv10/JimboToronto/BtcGrowthChart.jpg (http://s664.photobucket.com/user/JimboToronto/media/BtcGrowthChart.jpg.html)

Denial it is then  ;D

The Nile is in fact a river in Egypt. 

I have proof!  Look at this link: http://en.wikipedia.org/wiki/Nile (http://en.wikipedia.org/wiki/Nile)

Aye, dem olde ones be de beste ones !

Ahem,

to get back to the idea of pictures, I did a GIS for "Olde One"

http://onefootwalking.files.wordpress.com/2011/11/giuseppe_balsamo.jpg%3Fw%3D500

For some reason though, I pictured you with a hat...

Now that.. is awesome. This should be the rebuttal whenever someone posts the OP's picture.

+1, this is what, the fifth bubble we had? I lost the count, too many bubbles. But wait a moment, the concept of bubble as far as i remember is that "there is ONE bubble, it pop and that's all".... so... zombie bubbles???

Let me add the "june 2011 bubble", from 30 to 2. Clearly once price dropped to 2, bitcoin died and never recovered.  :D

Yes, well, I didn't always have a double chin either ... not the most flattering of pictorial representions if I do say so myself, and as for the description - 'the charming smirk of Count Cagliostro–Freemason, con man, alchemist, pimp, and saver of souls' - not quite sure how I feel about that ... it's all rather confusing, and certainly a hat would seem fitting, quite a wide rimmed one at that ...

Denial of the fact that each recurring Bitcoin "bubble" rises to a new height? (except perhaps the summer 2012 "bubble")

That chart is ass talk: https://bitcointalk.org/index.php?topic=453377.0

No, I just love the way every one gets so agitated every time this chart gets posted  ;)
I liked your version better  :D

You posted the wrong image

https://i.imgur.com/ptzfJtc.jpg

Wait...what is this? I have never seen this before.

I have been into Bitcoin since 2010 and supported it but after this picture...wow...a new light has shown upon me.

I am selling all of my bitcoins and moving on to penny stocks.

Hey give Ripple and Dogecoin some consideration too.

Nice! Is there a bigger version of this image?

indeed...

http://www.bitbitbit93.com/no-crash.gif

Here's the original, right out of MS Paint. I resized it to keep it forum-sized. Posting over-sized images is a crappy thing to do.

http://i664.photobucket.com/albums/vv10/JimboToronto/BtcGrowth.jpg (http://s664.photobucket.com/user/JimboToronto/media/BtcGrowth.jpg.html)

exaclty

newbs can't into looking at history.

oh and bit coin tech is a new paradigm

When I first saw the chart that the OP has posted, I was a newbie too and bitcoin was worth about $60--and that was less than a year ago.

Let's not be too harsh on hte OP, he/she still  has innocence. Staring at the chart and figuring out what it means will only lead to the loss of that innocence. I am still figuring out the chart.

I might be a noob, but the bubble is popping   ;D

Nick.

This is great. But what if gox had the problems in a different time?

We have reached the despair phase.

Now every one will say "This is not an exploding bubble! B$ are different!!"

Nick

You've got it wrong, so right... you're a noob.

just think, in 2 years btc around 50K each having dropped from 100 K some newb is going to come here with the same graph....

I had to.

https://i.imgur.com/RekhGOG.png

thats actually accurate for a good percentage of BTC'rs and they call it a ponzi scheme, no one ever HODL in a ponzi scheme

Look at the 3day Gox chart at bitcoinwisdom and you see this image. pretty much exactly.

MtGox dead. Panic selling also outside MtGox.

The Gox default will spread panic for the whole day, taking the price very very low. Maybe 113.70$ or even lower.

Nick.

crickets

If I read the graph well, we are now in the Capitulation phase, with the october bear trap around 167$, we will probably go under 100$ during the despair phase.

Nick.

P.S. I'm short

nice  ;)