|
Title: This Bear Era Post by: DanielT on January 14, 2015, 04:53:29 PM In the 2011 and the 2013 bubble, bitcoin reached the bottom in three months, and now it has been 13 months since December 2013, and I don't think we've seen the lowest yet.
When will the bear era end? Title: Re: This Bear Era Post by: altcoin hitler on January 14, 2015, 04:55:24 PM In the 2011 and the 2013 bubble, bitcoin reached the bottom in three months, and now it has been 13 months since December 2013, and I don't think we've seen the lowest yet. When will the bear era end? the bear era ends with the fail of bitcoin and its replacement with another less inflationary/scarce coin Title: Re: This Bear Era Post by: Ultros on January 14, 2015, 04:56:47 PM "altcoin hitler". :-\
Title: Re: This Bear Era Post by: altcoin hitler on January 14, 2015, 04:57:57 PM "altcoin hitler". :-\ Its a funny name. Don't shit your pants. Title: Re: This Bear Era Post by: spazzdla on January 14, 2015, 05:01:53 PM In the 2011 and the 2013 bubble, bitcoin reached the bottom in three months, and now it has been 13 months since December 2013, and I don't think we've seen the lowest yet. When will the bear era end? Around $65 USD. Title: Re: This Bear Era Post by: Melbustus on January 14, 2015, 05:03:21 PM In the 2011 and the 2013 bubble, bitcoin reached the bottom in three months... Not quite. The $31.91 2011 high was June 8th 2011. The $1.98 low was November 19th 2011. That's well over 5 months. Furthermore, it took about 20 months after the 2011 rout to regain $30. But yes, with more money and more participants in the ecosystem, the cycles should take longer; however, please get your facts straight. It's not that hard to look at a price chart before posting. Title: Re: This Bear Era Post by: DanielT on January 14, 2015, 05:13:55 PM In the 2011 and the 2013 bubble, bitcoin reached the bottom in three months... Not quite. The $31.91 2011 high was June 8th 2011. The $1.98 low was November 19th 2011. That's well over 5 months. Furthermore, it took about 20 months after the 2011 rout to regain $30. But yes, with more money and more participants in the ecosystem, the cycles should take longer; however, please get your facts straight. It's not that hard to look at a price chart before posting. I used a larger time scale. I don't know about $1.98, but i saw $2.13 at October 2011. That is four months. Title: Re: This Bear Era Post by: blade87 on January 14, 2015, 05:20:39 PM the bear era ends with the fail of bitcoin and its replacement with another less inflationary/scarce coin I'm not sure many will get involved with any other ponzi coin if Bitcoin fails. But good luck with your no volume and no liquidity alts. |