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Author Topic: It's been three months...  (Read 2881 times)
niothor
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March 13, 2014, 10:53:40 AM
 #21

He is right.
june11 bubble to april13 bubble? 22 months
april13 to nov13 bubble? 7month

So this is easy math. 22/7 = 3, so the next bubble sould be 2-3 months after tha last bubble.

And the next in 3/3 1 month , after that 10 days... one day , and ... one every second?


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porcupine87
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hm


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March 13, 2014, 11:07:07 AM
 #22

He is right.
june11 bubble to april13 bubble? 22 months
april13 to nov13 bubble? 7month

So this is easy math. 22/7 = 3, so the next bubble sould be 2-3 months after tha last bubble.

And the next in 3/3 1 month , after that 10 days... one day , and ... one every second?

exactly. These are the laws of "it happened one time, so likely it will happen another time"-predictions. Like the prediction, that we grew 3000% the last two years each, so it's like to grow that rate in this year again. Very solid!

"Morality, it could be argued, represents the way that people would like the world to work - whereas economics represents how it actually does work." Freakonomics
JustAnotherSheep
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March 13, 2014, 11:37:25 AM
 #23

He is right.
june11 bubble to april13 bubble? 22 months
april13 to nov13 bubble? 7month

So this is easy math. 22/7 = 3, so the next bubble sould be 2-3 months after tha last bubble.

And the next in 3/3 1 month , after that 10 days... one day , and ... one every second?
Eventually the bubble-pop oscillation will reach such a high frequency it will inevitably result in stabilization of growth, but on a larger scale be part of a macrobubble, which eventually pops, rises, pops again, all faster and faster until equilibrium is once again attained, but only as part of yet another, larger bubble..

Everything is fractal. It is known. Shocked

*drops more acid*

Is it a bull? Is it a bear? No, it's just another sheep.
Cyberlight
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March 15, 2014, 04:16:05 AM
 #24

Market cap of bitcoin makes it increasingly harder for pump and dumpers to pump it.
You don't understand market capitalization ?

Even mBTC , uBTC or satoshi's can bring the market cap to top level hight's
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March 15, 2014, 04:41:09 AM
 #25

He is right.
june11 bubble to april13 bubble? 22 months
april13 to nov13 bubble? 7month

So this is easy math. 22/7 = 3, so the next bubble sould be 2-3 months after tha last bubble.

And the next in 3/3 1 month , after that 10 days... one day , and ... one every second?
Eventually the bubble-pop oscillation will reach such a high frequency it will inevitably result in stabilization of growth, but on a larger scale be part of a macrobubble, which eventually pops, rises, pops again, all faster and faster until equilibrium is once again attained, but only as part of yet another, larger bubble..

Everything is fractal. It is known. Shocked

*drops more acid*

You are not Just Another Sheep, JustAnotherSheep.  Smiley

TERA
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March 16, 2014, 06:07:33 PM
 #26

It is possible to consider both rallies in 2013 part of the same "bubble" (remember, everyone was complaining that there was no true final capitulation even for the spring rally, and the fall rally was driven up artificially by China, which hasn't had a real capitulation either). In this case, there needs to be another 2011-like capitulation and another 22 month waiting period before the next bubble.

I could see this happening due to a chinese crackdown on exchanges, wwIII, or 750,000 coins being dumped.
adamstgBit
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March 16, 2014, 06:22:28 PM
 #27

It is possible to consider both rallies in 2013 part of the same "bubble" (remember, everyone was complaining that there was no true final capitulation even for the spring rally, and the fall rally was driven up artificially by China, which hasn't had a real capitulation either). In this case, there needs to be another 2011-like capitulation and another 22 month waiting period before the next bubble.

I could see this happening due to a chinese crackdown on exchanges, wwIII, or 750,000 coins being dumped.

what if chinese are satisfied with current regulation

what if wwIII doesn't happen

what if no one dumps all his coins all at once

what then!  Shocked

Peter R
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March 16, 2014, 06:32:43 PM
Last edit: March 16, 2014, 07:05:38 PM by Peter R
 #28

It is possible to consider both rallies in 2013 part of the same "bubble" (remember, everyone was complaining that there was no true final capitulation even for the spring rally, and the fall rally was driven up artificially by China, which hasn't had a real capitulation either). In this case, there needs to be another 2011-like capitulation and another 22 month waiting period before the next bubble.

I could see this happening due to a chinese crackdown on exchanges, wwIII, or 750,000 coins being dumped.


Opinions on the effect of war on the price of bitcoin seem to be polarized.  The purpose of war is to shake up power-structures and re-shape institutions, so my opinion is that it would reduce confidence in central-bank controlled money (ruble, hryvnia, euro, dollar), transferring perceived value to gold and, to a less extent, to bitcoin.

The effect of the 750,000 coins allegedly stollen from MtGox strongly depends on when the coins went missing.  My opinion is that they went missing in 2011 [https://bitcointalk.org/index.php?topic=497289.0] and have already been absorbed by the market.  This would be bullish over the medium and long term, as a fraction of MtGox customers repurchase coins.  On the other hand, if the coins were stollen recently and will be slowly sold into the market, then this would be bearish for price.  

Run Bitcoin Unlimited (www.bitcoinunlimited.info)
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March 16, 2014, 06:32:48 PM
 #29

Also, another driver would be Bitstamp failing - this would be worse than any other exchange failing because Bitstamp is integrated with many important services for bitcoin commerce and bitcoin exchanges - it is like a hub.

If none of these things happen, then there will be no mega apocalyptic crash. Though I'm not sure exactly what will happen. Maybe it will continue to follow our bullish trendline. Maybe it'll trade sideways for 22 months.

On the other hand, if serious exchanges start opening in wall street then I expect another huge rally. That is why I am long currently, although I will sell on the right signals.
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