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bitpump (OP)
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August 14, 2014, 04:41:13 AM
Last edit: August 14, 2014, 04:51:55 AM by bitpump |
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Newbie1022
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August 14, 2014, 05:37:04 AM |
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Yo, we moved on the wrong side of that trend line.
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bitpump (OP)
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August 14, 2014, 06:18:45 AM |
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correct,
in 2013, just before bubble to $1163, we moved under trendline (see dip around oct 2013 in top chart)
in 2014, the pattern seems to be exactly the same, we now see the same dip which might lead to an additional bubble
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alexeft
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Activity: 854
Merit: 1000
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August 14, 2014, 07:27:09 AM |
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Me likey!!!  |
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fonzie
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August 14, 2014, 07:36:47 AM |
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Your lines seem arbitrary.
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"To know death, Otto, you have to fuck life in the gallbladder" www.hsbc.com - The world´s local bank "These FUDsters are insane egomaniacs that just want cheap BTC" - oblivi |
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QuarantinedMoon
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August 14, 2014, 08:04:58 AM |
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Your lines seem arbitrary.
And without rational explanation. That said, Bitcoin price moves irrationally imo. |
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wobber
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August 14, 2014, 08:23:46 AM |
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Please stop giving high hopes to people. There's no upgoing for a few months at least. Maybe some price increase with the ETF but considering we got lots of good news recently and only went down... I dunno...
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If you hate me, you can spam me here: 19wdQNKjnATkgXvpzmSrkSYhJtuJWb8mKs
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Ayers
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Seabet.io | Crypto-Casino
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August 14, 2014, 08:26:39 AM |
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i'm starting to worry about this trend, it might go down this time, down a lot, and every year is different, even if they have some small similarity
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falllling
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August 14, 2014, 08:28:27 AM |
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rudystyle
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August 14, 2014, 08:30:56 AM |
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If every year was the same we could predict everything on earth based on last year's data. Do not read too much into it. you maybe burned
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BitCoinNutJob
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August 14, 2014, 08:31:48 AM |
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The below bubble chart is only relative in giant price rises. Bitcoin has been stable for months if anything the chart supports another bull run. |
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mikenz
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August 14, 2014, 08:44:40 AM |
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EuroTrash
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August 14, 2014, 08:55:29 AM
Last edit: August 14, 2014, 09:25:46 AM by EuroTrash |
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It's thread like these that make me think that we still have a few months of suffering ahead.
My own stupid out-of-my-ass chart (which I don't care about posting atm) says that the fair price for a bitcoin today is 265$ albeit finally trending up. My best match in the charts for the current situation is January 2012, so I don't discount the chance to see the 300s next month.
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<=== INSERT SMART SIGNATURE HERE ===>
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Ayers
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August 14, 2014, 10:08:54 AM |
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we are on despair phase now, it may be a long despair, longest than what it is shown in that graph |
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DonYo
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August 14, 2014, 12:10:34 PM |
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Leaving the "return to normal" phase  |
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Monero
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| "The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." David Chaum 1996
"Fungibility provides privacy as a side effect." Adam Back 2014
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NapoleonBonaparte
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August 14, 2014, 12:14:41 PM |
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Yo, we moved on the wrong side of that trend line.
The chart is painted in reversed. |
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BitCoinNutJob
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August 14, 2014, 12:18:15 PM |
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we are on despair phase now, it may be a long despair, longest than what it is shown in that graph No relationship between that exact chart and whatever despair phase we are experiencing right now. Look at the stages they dont match we have been stable for months. |
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wachtwoord
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August 14, 2014, 12:20:05 PM |
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correct,
in 2013, just before bubble to $1163, we moved under trendline (see dip around oct 2013 in top chart)
in 2014, the pattern seems to be exactly the same, we now see the same dip which might lead to an additional bubble
Indeed. Right before dawn the night is at its darkest. |
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btcracer1
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August 14, 2014, 01:38:49 PM |
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Probably this is the famous final capitulation, but it is just started and will lasts some more days.
When it will end we should expect a long period of slow rise and eventually a new bubble.
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Beliathon
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August 14, 2014, 01:46:41 PM |
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Probably this is the famous final capitulation, but it is just started and will lasts some more days.
When it will end we should expect a long period of slow rise and eventually a new bubble.
I'd agree, the next bubble is coming but it may be sept - november before we see it begin. "When others are greedy, be fearful. When others are fearful, be greedy." -Warren Buffet  All of this has happened before, all of it will happen again. |
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