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cafucafucafu (OP)
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August 02, 2015, 04:54:37 PM |
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then the way to pay out least total fiat value of redemptions was a higher btc price ...
Can you explain this in more detail please? |
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Derrike
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August 02, 2015, 05:57:07 PM |
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I think answer is yes.
There is much time passed after this incident and we've not seen any good pump in Bitcoin prices, you know like around 500$.
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BillyBobZorton
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August 02, 2015, 09:40:34 PM |
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I think answer is yes.
There is much time passed after this incident and we've not seen any good pump in Bitcoin prices, you know like around 500$.
This only exists for 6 years, lets look at Apple's all time graph:  And the recent years missing there:  So as you can see it can take years for pumps, but with BTC it will not because its too disruptive of a technology and the halving will be the next big pump where we'll reach ATH and more. |
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marcus_of_augustus
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Eadem mutata resurgo
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August 02, 2015, 10:44:12 PM |
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Heh ... that graph makes Apple look like a big, fat, ripe bubble getting ready to go POP!
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gentlemand
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Welt Am Draht
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August 02, 2015, 10:50:11 PM |
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I think answer is yes.
There is much time passed after this incident and we've not seen any good pump in Bitcoin prices, you know like around 500$.
It went from 300s/400s to late 600s in mid 2014. That could be thought of as a post bubble hangover still but that was fully minus Gox. |
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cafucafucafu (OP)
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August 02, 2015, 10:51:49 PM |
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I think answer is yes.
There is much time passed after this incident and we've not seen any good pump in Bitcoin prices, you know like around 500$.
It went from 300s/400s to late 600s in mid 2014. That could be thought of as a post bubble hangover still but that was fully minus Gox. Too small to be a bubble. |
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gentlemand
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August 02, 2015, 10:53:34 PM |
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Too small to be a bubble.
Still a vigourous pump. |
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Pk880058
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August 03, 2015, 04:20:34 AM |
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Yes you hit the nail hard man.
At least there is someone who understand that Bitcoin is also being pumped and dumped. Those whales........ I hate them.
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talkbitcoin
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All I know is that I know nothing.
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August 03, 2015, 04:44:56 AM |
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for now i am happy that the bubbles are over and the price is stable for the time being
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Kprawn
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August 03, 2015, 07:52:06 AM |
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Bubbles only benefit speculators and day trading. Most of us, and that include the merchants and vendors want a stable and steady growth, and no sudden spikes and drops.  I can still remember the time, when we were in the upward curve of the last bubble.... This forum was vibrant and almost everyone was hyped up, and screaming for the moon. A small percentage of people, saw the big picture and they were in for the long haul... not the quick profits... They were saying.. "Calm down, and warning people about the bubble" The best thing for Bitcoin as a currency, will be for it to be less volatile and a steady continuous growth pattern... upwards to the moon...  |
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Bitcoinpro
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August 03, 2015, 09:45:28 AM |
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so basocally going by the Apple pump n dump run you only get one pump and then institutional investors take hold and your next
pump does actually land on the moon
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Amph
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August 03, 2015, 11:55:13 AM |
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i believe that every bubble that return the the main it's a fake bubble, heavy manipulated to suck noobs and nothing else, a real bubble should not explode at 100%, only a small downside should have happened at worst
but the final price should be much higher from what it has started, so the 1200 was definitely among those fake bubble
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foodstamps
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August 03, 2015, 01:08:27 PM |
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i believe that every bubble that return the the main it's a fake bubble, heavy manipulated to suck noobs and nothing else, a real bubble should not explode at 100%, only a small downside should have happened at worst
but the final price should be much higher from what it has started, so the 1200 was definitely among those fake bubble
I am not sure I agree with this. The most famous bubble I know of was the tulip bubble from the 17th century. It returned to almost exactly the same price.  |
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WhatTheGox
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August 03, 2015, 01:25:10 PM |
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If all the bubbles were "fake" the price would be dead a long time ago. The fact you can pump/manipulate the bitcoin is another part of its value in a sense.
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dreamspark
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August 03, 2015, 01:37:43 PM |
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There is no doubt that some of these factors aided the price rise of 2013. I certainly dont think it is the highest we will ever see BTC though. Supply and demand will see to that.
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MarketNeutral
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August 03, 2015, 02:20:39 PM |
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The bubble was NOT fake, because I made real money with it...
My thinking is inclined this way. It was indeed fake for some, but extremely real to us whose profits were real. What a time for bitcoin, some of the most dramatic price and volume movement I've ever seen in any market. Tulip Mania must have felt similar. I suspect the neophyte speculators that got goxxed out of their pipedream fortunes are using The Great Karpeles Bubble of 2013 to justify their losses. They shouldn't feel too bad, however, as it can happen to even the most seasoned traders. And for the record: good riddance, MtGox. You were a blight upon cryptos from day one and only got worse. |
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AGD
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Keeper of the Private Key
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August 03, 2015, 02:28:03 PM |
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The bubble was NOT fake, because I made real money with it...
My thinking is inclined this way. It was indeed fake for some, but extremely real to us whose profits were real. What a time for bitcoin, some of the most dramatic price and volume movement I've ever seen in any market. Tulip Mania must have felt similar. I suspect the neophyte speculators that got goxxed out of their pipedream fortunes are using The Great Karpeles Bubble of 2013 to justify their losses. They shouldn't feel too bad, however, as it can happen to even the most seasoned traders. And for the record: good riddance, MtGox. You were a blight upon cryptos from day one and only got worse. Yeah, it was also real money, that was lost. Sure, the bubble started artificially, but hey .. doesn't every bubble start with a decent pump anyway? |
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pereira4
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August 03, 2015, 04:42:26 PM |
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i believe that every bubble that return the the main it's a fake bubble, heavy manipulated to suck noobs and nothing else, a real bubble should not explode at 100%, only a small downside should have happened at worst
but the final price should be much higher from what it has started, so the 1200 was definitely among those fake bubble
I think real mad bubbles can happen. When something is very promising and people fail to properly put a price tag on it, the speculation naturally ensues which can and will lead to insane prices without necessary requiring manipulation. |
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