Bitcoin Forum
December 17, 2017, 08:25:57 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: VERY interesting insight: The November 2013 price explosion day-to-day  (Read 844 times)
pereira4
Legendary
*
Offline Offline

Activity: 1190



View Profile
November 02, 2015, 06:04:20 PM
 #1

This is a range of days starting from 1st to 30th November from Bitstamp:

 1 -  202,61
 2 -  204,22
 3 -  206,49
 4 -  220,48
 5 -  238,37
 6 -  255,41
 7 -  283,32
 8 -  317,94
 9 -  338,71
10 -  299,68
11 -  334,61
12 -  350,49
13 -  378,91
14 -  409,77
15 -  417,63
16 -  433,34
17 -  462,58
18 -  549,70
19 -  597,83
20 -  542,03
21 -  666,17
22 -  743,65
23 -  832,85
24 -  795,08
25 -  807,80
26 -  849,32
27 -  937,09
28 -  998,56
29 - 1065,36
30 - 1132,29

Here you can see how quick things can change. You are trying to day trade and boom, you get caught on such a wave and lose on becoming a millionaire in a matter of months while waiting for a correction, because make no mistake, the next bubble will push the price higher than anyone can imagine, so you may think "okay, 1K again! time to dump". You will sell your coins for filthy fiat and you will regret once it keeps going up. We don't know where the next floor will be at so you risk missing your Bitcoin position pretty much for life by selling too early.

To sum it up: Trying to predict panic buy attacks it's impossible, you never know when it can start, and as you can see, when it starts it happens really quick. Buy and hold very long term gold style is the only way to go.

1513542357
Hero Member
*
Offline Offline

Posts: 1513542357

View Profile Personal Message (Offline)

Ignore
1513542357
Reply with quote  #2

1513542357
Report to moderator
1513542357
Hero Member
*
Offline Offline

Posts: 1513542357

View Profile Personal Message (Offline)

Ignore
1513542357
Reply with quote  #2

1513542357
Report to moderator
1513542357
Hero Member
*
Offline Offline

Posts: 1513542357

View Profile Personal Message (Offline)

Ignore
1513542357
Reply with quote  #2

1513542357
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1513542357
Hero Member
*
Offline Offline

Posts: 1513542357

View Profile Personal Message (Offline)

Ignore
1513542357
Reply with quote  #2

1513542357
Report to moderator
1513542357
Hero Member
*
Offline Offline

Posts: 1513542357

View Profile Personal Message (Offline)

Ignore
1513542357
Reply with quote  #2

1513542357
Report to moderator
InvoKing
Hero Member
*****
Offline Offline

Activity: 882



View Profile
November 02, 2015, 07:37:40 PM
 #2

Never know how the btc price could reach in this month but i don't think that history can repeat itself the same way.
The situation between November 2013 & November 2015 is kinda different: the number of traders/volume...

Anyway long terme holding is still profitable especially those who bought @200$ few months ago and now they could buy with more than 50% profit or wait and see how the price goes (which I doubt it could pass 450$+ on November) .

..C..
.....................
........Finally C is .........
..............
...........            ............
       ............            ............
...................      ....................


omahapoker
Hero Member
*****
Offline Offline

Activity: 868



View Profile
November 02, 2015, 07:39:43 PM
 #3

I doubt that history will repeat itself this month. After all the coins from silk road have been auctioned off, then we reevaluate the situation.

Till then, enjoy the ride Cool
gentlemand
Legendary
*
Online Online

Activity: 1484


Hello You


View Profile
November 02, 2015, 07:43:35 PM
 #4

Never know how the btc price could reach in this month but i don't think that history can repeat itself the same way.
The situation between November 2013 & November 2015 is kinda different: the number of traders/volume...


The exchange and general on ramp situation is much improved compared to 2013. There hasn't been anything approaching the level of demand there was back then with the range of options there are now. By the nature of how tiny it still is and how much growing it has yet to do, every single upsurge of demand will take on a very different form. Who knows how it would look if there was another full on explosion.

Amph
Legendary
*
Offline Offline

Activity: 1722


Zabercoin – An Asset Backed Cryptocurrency


View Profile
November 02, 2015, 07:59:03 PM
 #5

I doubt that history will repeat itself this month. After all the coins from silk road have been auctioned off, then we reevaluate the situation.

Till then, enjoy the ride Cool

many(before the 1200 ath) , probably i should say almost everyone, were in doubt that in november 2013 there was a huge pump in progress

then they were left behind, buying at 600+ or something, basically every months or day, where you see a pump starting, can be the good day for a crazy pump

personally i don't care about 1k, i'm holding straight to 5k-10k range this time, but maybe a stop at 3k could be good to do

THE FUTURE OF
REAL ESTATE
..

║║
║║
║║
▬▬ ● ● ▬▬▬▬▬▬▬ ● ● ▬▬▬▬▬▬▬ ● ● ▬▬▬▬▬▬ ● ● ▬▬

║║
║║
║║
infofront
Legendary
*
Online Online

Activity: 1094


View Profile
November 02, 2015, 08:07:23 PM
 #6

Never know how the btc price could reach in this month but i don't think that history can repeat itself the same way.
The situation between November 2013 & November 2015 is kinda different: the number of traders/volume...


The exchange and general on ramp situation is much improved compared to 2013. There hasn't been anything approaching the level of demand there was back then with the range of options there are now. By the nature of how tiny it still is and how much growing it has yet to do, every single upsurge of demand will take on a very different form. Who knows how it would look if there was another full on explosion.

That's true. It was a complete pain in the ass to transfer money to and from exchanges back then. It's very easy now, especially with nearly one-click and done solutions like coinbase.
Mickeyb
Hero Member
*****
Offline Offline

Activity: 798

Move On !!!!!!


View Profile
November 02, 2015, 09:01:19 PM
 #7

Damn guys that was some crazy run! I mean just looking at these numbers, I got shivers. In only one day, it went up $130. That's just crazy.

I wasn't involved in Bitcoin at that moment. I heard about it in the newspapers on December the 6th, so just after a run has finished.  Sad

I can't even imagine what the felling is when you are looking at your investment growing like this!
willope
Sr. Member
****
Offline Offline

Activity: 278


View Profile
November 02, 2015, 09:10:31 PM
 #8

I bought my first bitcoin at the top of that bubble   Shocked
And three months later Karpeles goxed it.   Cheesy

AAnd, I am here, better than ever, riding the wave with you,, my friends.  Kiss

Go get a job instead of wasting ur time with scams
600watt
Legendary
*
Offline Offline

Activity: 1638


View Profile
November 02, 2015, 09:31:45 PM
 #9

I bought my first bitcoin at the top of that bubble   Shocked
And three months later Karpeles goxed it.   Cheesy

AAnd, I am here, better than ever, riding the wave with you,, my friends.  Kiss


true bitcoiner detected!

 Kiss


very interesting op, thanks btw
God Donut
Full Member
***
Offline Offline

Activity: 168



View Profile
November 02, 2015, 09:39:32 PM
 #10

bitcoin is so awesome. Some day world will realize how awesome this technology is. I would love to see this day soon enough (this year maybe?)
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!