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Author Topic: Which bubble will burst first?  (Read 760 times)
vssa (OP)
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March 06, 2013, 04:57:36 PM
Last edit: March 06, 2013, 05:20:35 PM by vssa
 #1

This one?

Dow Marches Higher, Extends All-Time High; S&P Within 1.5% of Record Peak:


Or this?



move_zig
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March 06, 2013, 05:01:51 PM
 #2

I think you mean this for your second image:



It's very misleading to not show a log chart (for either image)
move_zig
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March 06, 2013, 05:02:51 PM
 #3

Here is is with weekly bars:

vssa (OP)
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March 06, 2013, 05:07:22 PM
 #4

I think you mean this for your second image:



It's very misleading to not show a log chart (for either image)

It is kind of a joke... Grin ,everybody know that bitcoin not really in a bubble (It might be over bought sometimes but not more then that...)
dancupid
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March 06, 2013, 05:12:22 PM
Last edit: March 06, 2013, 05:32:09 PM by dancupid
 #5

The first bubble went from $0.6 to $30+ in about 2 weeks (edit2: should be months)  (5000% increase) coming back down to $2 (400% increase).
If bitcoin does that again, I will be remain happy at every moment.

edit - if bitcoin did that again we can expect $500 peak correcting to $40+
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March 06, 2013, 05:16:52 PM
 #6

The first bubble went from $0.6 to $30+ in about 2 weeks (2000% increase) coming back down to $2 (400% increase).
If bitcoin does that again, I will be remain happy at every moment.

I think it was nine weeks, judging by the weekly chart above. But otherwise I agree.
dancupid
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March 06, 2013, 05:22:27 PM
 #7

The first bubble went from $0.6 to $30+ in about 2 weeks (2000% increase) coming back down to $2 (400% increase).
If bitcoin does that again, I will be remain happy at every moment.

I think it was nine weeks, judging by the weekly chart above. But otherwise I agree.

Yeah sorry - I was reading months as weeks
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