Lag, sell-off: chicken or egg?

I was itching to buy a lot of Google stock at the IPO. It was US+Canada only and I didn't have the means to get around that.

Boy am I glad I didn't buy into THAT bubble /sarcasm

Risk averse people shouldn't even know what Bitcoin means, let alone have money in Mt Gox, let alone hold Bitcoins!

Haven't a clue but a lower fee would see me trading more.

If the Goxster can handle it, so can I!

I see your reasoning.

Illustrated well by your graph.

This is the ultimate in speculation isn't it?

Pick a direction and say I don't know what will happen after that!

All other things remaining the same we would need something quite negative for a $30-$40 drop before Monday.

That would need a serious shift in sentiment.

Even a DDoS wouldn't be worth it at the moment.

Yes... you first.

This is fine by me.

Anywhere but down, fast is fine by me.

No, no, it's a general pattern. One which matches most bubbles to be honest.

But price charts are fractal, complex things. Zoom in, zoom out, squeeze the curve to fit and you could make it match almost any chart historically.

It's worth knowing about THAT chart in ANY field where mass psychology is involved  - that would be most things really I suppose.

So yeah there are 2 phases on that chart we could be at right now just don't ask me which.

It's what's beyond that chart and the little bumps and humps that can't be seen at that scale which interest me right now

That chart never gets old. It's the graphical equivalent of Godwin's Law :p

While the zoomed-out picture looks a little something like this:



All I can say is what a difference a day makes eh?

Sorry to wander back on-topic but um, here's them walls:



I don't want much this weekend, some consolidation would be nice.

Along with a few coin-raking swings like yesterday (I'm no trader but hell that was easy!)

I know, it's great isn't it?

Oh, wait.

Bully for me please

A dip is always coming.

Thanks Kupsi: that's what I suspected.

If anybody feels like updating this every once in a while - go ahead!

OK thanks, I read it was 16,000 a little while before the crash.

Wow! Link?

You sir, pre-empted me. But yes, seems so

All images which don't resemble something we know every detail of very well will resemble each other.

Show a pic of Justin Bieber's face to an alien followed by a pic of Samuel L Jackson and they'll shout - it's the same, it's the same!!!111 (don't try this at home).

Those charts are: an up bit and a down bit. They are certainly not the same.

'They' have a saying. One half of it reads: "Buy the fear"

Worth a punt I reckon though I'd love for some boring consolidation over the weekend.