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Author Topic: The truth about the current bubble  (Read 4442 times)
vlom
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November 03, 2015, 07:47:08 PM
 #1

did you read this because you hope it is just a bubble?
you sold everything yesterday and hope that the price goes down to buy again?

please be honest.


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November 03, 2015, 07:54:54 PM
 #2

Nope, but it's still rising too fast, something still looks fishy.
And I hoped for some possible answers, not for silly games  Huh

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November 03, 2015, 08:03:29 PM
 #3

With this kind of volume it will not pop any time soon.

I hope we will see new all time highs before stabilizing.

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November 03, 2015, 08:56:48 PM
 #4

did you read this because you hope it is just a bubble?

Buddy, it might be, or might not, no-one knows.

Personally, I think we are going to walk into a bubble. Whether we are in that bubble yet and whether we will drop below our current level of $400 after the bubble bursts is anyone's guess, but I believe we are about to see one. Possibly a new ATH, I don't know.

 
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November 03, 2015, 09:03:47 PM
 #5

If this turns out to be a bubble, I really hope it will last for a long time. Currently +$400 is more than a decent price after being stuck at $240 for such a long time.
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November 03, 2015, 09:31:33 PM
 #6

did you read this because you hope it is just a bubble?

Buddy, it might be, or might not, no-one knows.

Personally, I think we are going to walk into a bubble. Whether we are in that bubble yet and whether we will drop below our current level of $400 after the bubble bursts is anyone's guess, but I believe we are about to see one. Possibly a new ATH, I don't know.
Its all looks like very fishy now need to take all very wisely
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November 03, 2015, 09:44:13 PM
 #7

did you read this because you hope it is just a bubble?

Buddy, it might be, or might not, no-one knows.

Personally, I think we are going to walk into a bubble. Whether we are in that bubble yet and whether we will drop below our current level of $400 after the bubble bursts is anyone's guess, but I believe we are about to see one. Possibly a new ATH, I don't know.
Its all looks like very fishy now need to take all very wisely

yes. that why i am just doing nothing right now. just watch the ups and downs and can't understand what is going on.

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November 03, 2015, 09:47:04 PM
 #8

no i'm actually buying back, even if i'm losing something, because i sold at below 300, but not for trading but for emergenicy

i'm going to buy a few more tomorrow, when the funds will arrive... this fucking bank transfer is still too slow, add to this the limit of 999 euro in atm, otherwise you must declare because of money laundering...

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November 03, 2015, 09:48:03 PM
 #9

I decided to wait. Stand still. Don't sell and don't buy anything. I feel that this is a bubble and the price will drop significantly soon, so I think I'll wait a day, and then sell part of my coins
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November 03, 2015, 09:54:43 PM
 #10

well. i made a decision. and stop watching...  Shocked

at the moment there is too much to lose.
i prefer not geting more rather than losing.

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November 03, 2015, 10:03:18 PM
Last edit: November 13, 2015, 03:31:30 PM by Lasergun
 #11

If this turns out to be a bubble, I really hope it will last for a long time. Currently +$400 is more than a decent price after being stuck at $240 for such a long time.

As for me, low but stable price is much better for btc reputation than new bubble. The best scenario would be $ 300-400 in the next 3-6 months.
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November 03, 2015, 10:35:01 PM
 #12

I decided to wait. Stand still. Don't sell and don't buy anything. I feel that this is a bubble and the price will drop significantly soon, so I think I'll wait a day, and then sell part of my coins

When most of people don't know what to do and starting to panic it is a best time for the trader to make the profit, emotional traders prefer to use traiding bots in such cases... Wink
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November 03, 2015, 10:41:23 PM
 #13

I'll sit back and see. There's no way of being sure that this will turn into something epic. Markets are very different compared to the previous bubble but I don't think human nature has changed all that much. It's far easier for people to pile in now.

It would be nice if it stuck but whatever happens it's an encouraging sign after being desperately dull for so long.

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November 03, 2015, 10:50:39 PM
 #14

I don't sell. If bitcoin is so high right now and it can go even higher in the future, and halving is approaching.
Chinese exchanges are still strong: OKCoin 3Mth is approaching $440 and BTCC is approaching 2600 CNY.
But sadly I think this is the limit of the price for now, and you would be better sell right your coins now.

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November 03, 2015, 11:27:17 PM
 #15

I hope this is not a bubble and that the price really is a good thing for bitcoin
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November 03, 2015, 11:44:33 PM
 #16

I did my last buys between 240 and 330 USD last month, so I'm sitting quite comfortably on the sidelines now.

Have to admit I didn't expect this fast a rise, it caused me to buy a little more than planned (was buying every month, bought for 3 months in one go now, just to be safe rather than sorry).
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November 03, 2015, 11:46:41 PM
 #17

The resistance test that just happened showed that their is a far stronger bull market indication than that of a bear.
Otherwise the price would not have started recovering rapidly after that recent price dump today at least for now  it is not anywhere near a peak.

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November 04, 2015, 01:05:15 AM
Last edit: November 04, 2015, 03:16:43 AM by Gyfts
 #18

Price has been going crazy lately. As of now, we're seeing 10 dollar shifts in a matter of minutes. Over a 100 USD increase over the last week as we broke the 400 mark within the last 24 hours. I'm a bit skeptical as to what this increase is for and why it's so rapid, but, in past times Bitcoin's price has a history of increasing towards the end of the year. As for the bubble, I literally have no idea, and I'm pretty sure most people don't either. It's not something you can predict unless you have exponential growth in price. As of now, it's too early.

I'm not buying at this price, i know that it could go lower, but i will not sell. i'm investing bitcoins like a long time invest.

You're a bit late to the party bud. It's on the increase now, not the decrease.
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November 04, 2015, 01:09:36 AM
 #19

I'm not buying at this price, i know that it could go lower, but i will not sell. i'm investing bitcoins like a long time invest.
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November 04, 2015, 01:36:48 AM
 #20

No doubt in my mind that this is a bubble. Unfortunately, there is no way to know how high it will go before it pops. My strategy is to hedge by selling small amounts on the way up and the buy it all back after the bubble pops.

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November 04, 2015, 01:38:57 AM
 #21

I did my last buys between 240 and 330 USD last month, so I'm sitting quite comfortably on the sidelines now.

Have to admit I didn't expect this fast a rise, it caused me to buy a little more than planned (was buying every month, bought for 3 months in one go now, just to be safe rather than sorry).
you are in a good positions! Keep calm and hodl
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November 04, 2015, 02:45:25 AM
 #22

Hoping the price stable at 400$ or 500$ maybe?
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November 04, 2015, 05:39:57 AM
 #23

This is surely one big bubble. Yesterday I saw bitcoin's price at 340 today's 440 Huh 100 dollars in less than one day? No way! This is too good to be true and there's something fishy about the price
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November 04, 2015, 05:53:50 AM
 #24

did you read this because you hope it is just a bubble?
you sold everything yesterday and hope that the price goes down to buy again?

please be honest.



I read this because I thought you knew the truth of who was buying into the price and running it up...but alas you are like everyone else. No explanations only speculation.

I did not sell. I do not home the price goes down again.

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November 04, 2015, 05:58:00 AM
 #25

Nope, but it's still rising too fast, something still looks fishy.
And I hoped for some possible answers, not for silly games  Huh

Bitcoin was HEAVILY underrated, it is the first, it is the most prooved and accepted, also the network couldnt be maintained with the price bitcoin had the last year, power costs money Wink

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November 04, 2015, 07:38:32 AM
 #26

Not sure about bubble specifics just yet, but the growth does seem to be unsustainable - the important factor for me is where we may stabilize afterwards. If we go all the way back down to $200 then I think we can say for sure it was a bubble.

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November 04, 2015, 11:31:19 AM
 #27

No doubt in my mind that this is a bubble. Unfortunately, there is no way to know how high it will go before it pops. My strategy is to hedge by selling small amounts on the way up and the buy it all back after the bubble pops.

isn't better to buy all the way up and if it pop you start selling? in this way if it not pops you have a good stash of coins, and if it pops you have also your profit

with your strategy if it will not pops or it will half pops(price correction at 600+ after a dump from 900-1200 for example) you will lose more

i can be sure that we won't see again 1200-230....never seen a strong bubble repeating itself in exact same way
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November 04, 2015, 12:02:16 PM
 #28

im not selling all of my btc yesterday, honestly, im waiting till the btc price stable or atleast 500$ will make me interested to sell ,cause im already know that the price is unpredictable

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November 04, 2015, 12:14:40 PM
 #29

I bought last time at under $300, as long as the price is higher than that, I am happy.
If the price goes crazy and I feel it is a bubble, I will sell.  Last time I did that too early at $800, but we will see what happens, no doubt if the rise continues at current pace, people will start chasing the market upwards and get carried away.  I don't know what price that would be though.

I won't be averaging up though, I bought a while ago and am happy with my holding.
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November 04, 2015, 01:59:50 PM
 #30

Honestly I thought it was going to stop at around $350. I sold everything at that price.. but it seems like it just doesn't know where to stop.

I bought back 50% of what I had and I am going to hold it.. $100 per day is too good to be true though!


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November 04, 2015, 02:12:31 PM
 #31

This is getting crazy!

Why is the price going up like crazy right now???

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November 04, 2015, 02:15:54 PM
 #32

This is getting crazy!

Why is the price going up like crazy right now???

History, in the making.

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November 04, 2015, 05:30:32 PM
 #33

1)Chinese capital control implemented early this september, making it harder for the 150 billion dollar currently flooding out of China every week to make it through.

2)Chinese officials "unofficially" declaring bitcoin legal to trade through banks, causing mass buying and lots of new btc-startups. (When they made it illegal it made the last "bubble" crash because of the news that went worldwide)

3)EU court declares bitcoin a taxfree asset.

http://cointelegraph.com/news/115533/bitcoin-price-bulls-driven-by-china-as-weekly-rsi-nears-2013-levels

Read the news instead of speculating the price guessed on hunches.  Wink
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November 04, 2015, 05:46:28 PM
 #34


3)EU court declares bitcoin a taxfree asset.


It's not tax free. It's just been declared VAT free to buy and sell like all other currencies. Individual countries have different rules regarding capital gains. If it was declared capital gains free then that would have people running.

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November 04, 2015, 05:49:24 PM
 #35

well, thats it?

going down again. or just like the short stop @330$ and up agin?

now 458 @bitstamp

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November 04, 2015, 05:53:41 PM
 #36

well, thats it?

going down again. or just like the short stop @330$ and up agin?

now 458 @bitstamp

Could be the start of a bubble popping or just a slight correction/draw back, there's no real way of knowing this early on. Just hang on and enjoy the ride, the price is really turbulent and changing REALLY fast right now. Wink

 
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November 04, 2015, 05:57:03 PM
 #37

did you read this because you hope it is just a bubble?
you sold everything yesterday and hope that the price goes down to buy again?

please be honest.



No I didn't sell a satoshi. And I'm not going to start selling even it goes over $500 again (now its $458 btw). Why would I? I don't have so much Bitcoins that selling them even at $1k would make a big difference in my life. I just like to have some Bitcoins thats all, I'm not going to sell them. )

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November 04, 2015, 06:13:59 PM
 #38

No doubt in my mind that this is a bubble. Unfortunately, there is no way to know how high it will go before it pops. My strategy is to hedge by selling small amounts on the way up and the buy it all back after the bubble pops.
isn't better to buy all the way up and if it pop you start selling? in this way if it not pops you have a good stash of coins, and if it pops you have also your profit
with your strategy if it will not pops or it will half pops(price correction at 600+ after a dump from 900-1200 for example) you will lose more
i can be sure that we won't see again 1200-230....never seen a strong bubble repeating itself in exact same way

Your strategy of buying on the way up and selling just before the bubble bursts won't work because you don't know when the bubble will burst, so you will be buying at the top and selling at the bottom.

My strategy is a hedging strategy. If there is no bubble, then the value of my bitcoins will be higher, but lower than it could have been. On the other hand, if there is a bubble, then the value of my bitcoins will be higher than if I did nothing. Either way I'm ahead.

"i can be sure that we won't see again 1200-230 ..." <--- Pure speculation.


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November 04, 2015, 06:30:55 PM
 #39

I sold between 350 and 400. Just spent my last .5 btc on some ltc on bittrex. Planning on buying back under 300.
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November 04, 2015, 07:21:23 PM
 #40

Alright, so from what has transpired so far, I think we can agree that this spike in price is unnatural and highly suspicious. Clearly someone or some group of people are behind this sudden surge in price....

The prime suspects imo are:

1. Winklevoss twins. The brothers have just opened shop for their new exchange "Gemini." A price spike now would spur interest in Bitcoin and by extension, their trading platform.

2. China: This country is usually the culprit when it comes to price pumping. Not to mention the Chinese exchange Huobi is where the price seems to be the highest. And with the news about the devaluation of the Yuan, it makes perfect sense that wealthy Chinese would start buying up BTC in handfuls and as a result, raising prices.

This doesn't seem like just some random hike in price. It reeks of conspiracy. Someone or some people are pulling the strings here...
Perhaps both suspects are contributing? Then again, it could be neither of them and I may just be rambling on with my tin foil hat Smiley
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November 04, 2015, 07:23:58 PM
 #41

No doubt in my mind that this is a bubble. Unfortunately, there is no way to know how high it will go before it pops. My strategy is to hedge by selling small amounts on the way up and the buy it all back after the bubble pops.
isn't better to buy all the way up and if it pop you start selling? in this way if it not pops you have a good stash of coins, and if it pops you have also your profit
with your strategy if it will not pops or it will half pops(price correction at 600+ after a dump from 900-1200 for example) you will lose more
i can be sure that we won't see again 1200-230....never seen a strong bubble repeating itself in exact same way

Your strategy of buying on the way up and selling just before the bubble bursts won't work because you don't know when the bubble will burst, so you will be buying at the top and selling at the bottom.

My strategy is a hedging strategy. If there is no bubble, then the value of my bitcoins will be higher, but lower than it could have been. On the other hand, if there is a bubble, then the value of my bitcoins will be higher than if I did nothing. Either way I'm ahead.

"i can be sure that we won't see again 1200-230 ..." <--- Pure speculation.



you don't need to know the exact top you only need a signal in terms of %, this signal can e a dump of 10%-25% or 33%, i would not go higher

"i can be sure that we won't see again 1200-230 ..." <--- Pure speculation.

never seen a bubble repeating itself in the exact same way, so no, it's not really speculation, is more speculative to say the opposite...
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November 04, 2015, 08:51:40 PM
 #42

The recent rise is mainly caused by the media exposure of the block chain technology. Bitcoin is closely related to block chain technology. So bitcoin is bought.

The volume is big, which indicates the involvement of large institutions.
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November 05, 2015, 03:48:21 PM
 #43

If this turns out to be a bubble, I really hope it will last for a long time. Currently +$400 is more than a decent price after being stuck at $240 for such a long time.

Yeah exactly we want this bubble to continue for a longer time, It was really exciting to see the value of bitcoins going high in last couple of weeks and I believe that the value will go much higher in coming months so at this stage I have sold a part of my bitcoins and made profit out of it and have kept rest for the future if the value reaches to the moon would surely sell some of it.
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November 05, 2015, 04:25:04 PM
 #44

Why talk about a bubble at all? We should rather call it a price spike... because that is what it's doing... It goes up a bit (spike} and then flatten a bit after all the hype has died

down, but it trades above the level, where the previous spike were. If you look at the long term, it still goes upwards. A bubble grows bigger and then it pop and nothing is left.

The people who buy, when it goes down to the normal levels, are the people who are making the profits in the long term..  Wink Take calculated risks, based on historical trends.

The day traders and speculators lose the most. Buy and hoard... long term hoarding is the key.  Grin

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November 05, 2015, 08:15:57 PM
 #45

Why talk about a bubble at all? We should rather call it a price spike... because that is what it's doing... It goes up a bit (spike} and then flatten a bit after all the hype has died

...

Remaining above $300 is a nice improvement and I'd call it a spike too. Going down to levels were at at just prior I'd call it a bubble.

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November 06, 2015, 05:13:55 AM
 #46

well, i like the current price development. i think soon it will be possible to buy back. during the weekend there will be less trading and the price will go down to 300 $ again.  Cool

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November 06, 2015, 06:13:51 AM
 #47

well, i like the current price development. i think soon it will be possible to buy back. during the weekend there will be less trading and the price will go down to 300 $ again.  Cool

I don't expect prices will go down under $300 levels again. Because there are many reasons the new investments have been brought into bitcoin ecosystem that would maintain bitcoin prices above $300 levels at least for sometimes.

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November 09, 2015, 07:27:58 AM
 #48

well, i like the current price development. i think soon it will be possible to buy back. during the weekend there will be less trading and the price will go down to 300 $ again.  Cool

I don't expect prices will go down under $300 levels again. Because there are many reasons the new investments have been brought into bitcoin ecosystem that would maintain bitcoin prices above $300 levels at least for sometimes.

sure price will stabilize around 350$
and dont thing that it will go below 350 think that this is bottom price for now



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November 09, 2015, 07:51:09 AM
 #49

well, i like the current price development. i think soon it will be possible to buy back. during the weekend there will be less trading and the price will go down to 300 $ again.  Cool

I don't expect prices will go down under $300 levels again. Because there are many reasons the new investments have been brought into bitcoin ecosystem that would maintain bitcoin prices above $300 levels at least for sometimes.

sure price will stabilize around 350$
and dont thing that it will go below 350 think that this is bottom price for now

I also don't think $300 will be breached -- could have spikes below $350 down to $320 though in my opinion.

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November 10, 2015, 10:21:41 AM
 #50

to bubble or not to bubble - this still is the question.

compare these two charts.

It is one of the most widely cited charts about market bubbles in the world. It focuses on investor psychology and the mindsets that prevail.




the other one is a print screen from bitstamp




i think it was not a bubble. although the moves are correct. The magnitude is not strong enough.


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November 10, 2015, 11:32:27 AM
 #51

if you look close, the green chart resemble the first stretch of the well know bubble chart, until the bear trap phase
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November 10, 2015, 04:25:09 PM
 #52

to bubble or not to bubble - this still is the question.

compare these two charts.

It is one of the most widely cited charts about market bubbles in the world. It focuses on investor psychology and the mindsets that prevail.




the other one is a print screen from bitstamp




i think it was not a bubble. although the moves are correct. The magnitude is not strong enough.



The first chart is about sentiment and trends, and the price moves are exaggerated for illustrative purposes. Just because the price graph you posted doesn't look exactly like it is not proof it's not a bubble.
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November 10, 2015, 05:18:13 PM
 #53

have a look at the charts in this article.

here it looks like a bubble.

http://ibankbitcoins.com/btc/11-5-2015-bitcoin-market-update-market-pullback-after-fomo-parabolic



i could not find a chart from the 1000$ bubble.

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November 10, 2015, 07:27:44 PM
 #54

well, i like the current price development. i think soon it will be possible to buy back. during the weekend there will be less trading and the price will go down to 300 $ again.  Cool

I don't expect prices will go down under $300 levels again. Because there are many reasons the new investments have been brought into bitcoin ecosystem that would maintain bitcoin prices above $300 levels at least for sometimes.

sure price will stabilize around 350$
and dont thing that it will go below 350 think that this is bottom price for now

I also don't think $300 will be breached -- could have spikes below $350 down to $320 though in my opinion.

Well crap guys, I hope you are all right. We have just touched $350 today on Bitfinex. It would be really a waste of the run if we are to dip under $350. I don't know why, but I still feel bullish. That's why it's so weird to see this price drop today and a dump.
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November 10, 2015, 07:42:13 PM
 #55

well, i like the current price development. i think soon it will be possible to buy back. during the weekend there will be less trading and the price will go down to 300 $ again.  Cool

I don't expect prices will go down under $300 levels again. Because there are many reasons the new investments have been brought into bitcoin ecosystem that would maintain bitcoin prices above $300 levels at least for sometimes.

sure price will stabilize around 350$
and dont thing that it will go below 350 think that this is bottom price for now

I also don't think $300 will be breached -- could have spikes below $350 down to $320 though in my opinion.

Well crap guys, I hope you are all right. We have just touched $350 today on Bitfinex. It would be really a waste of the run if we are to dip under $350. I don't know why, but I still feel bullish. That's why it's so weird to see this price drop today and a dump.

IMO the price of Bitcoin will not drop lower than $350 and from there it will start rising again because the drop to $350 was in a way conditioned by the sale of 44,000 BTC by US Marshals Service.

http://www.coindesk.com/us-marshals-auction-winner-announcement-delay/

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November 10, 2015, 07:47:10 PM
 #56

when is started this topic i really hoped, that it is just ab bubble. i was so glad that after i sold @334$ (i bought @200$) the price went down.
but then it rose and rose and rose and...
and i hoped that i was not the only one that acted like this.

to sum up: it was not a bubble like in the graph i posted. but the price will go down 20$ to 25$ each day until it stops at 300$/btc.

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November 10, 2015, 09:23:48 PM
 #57

It is possible for the price to go below $300 briefly, but it will not stay there for too long. The bitcoin is in bull market. It will rise steadily until next halving. Then further adoption of the coin will push the price even higher. In that process, there will be some corrections. That is a normal behaviour.
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November 10, 2015, 09:35:10 PM
 #58

I am curious what China is going to do in the next hour or two when they wake up. Its at 333 now, I can see them gobbling some up. Tongue

The RSI was below thirty for fifteen minutes, going as low as 12 for two minutes. Way oversold...


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November 10, 2015, 09:54:26 PM
 #59

China just woke up and the trade bots are at war. Someone sold off a huge amount of coins, ate up most of the open orders, nervous people sold off quickly and when it hit 333, several hundred coin orders were buying them all back up. Just now the trade bots are in .01 wars getting other trade bots and market orders that don't fill at once to cancel.

Been an entertaining day at home working. Tongue


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November 11, 2015, 01:57:08 AM
 #60

I like seeing this bubble pop.  Was glad I didn't buy 450+ like some of the people who did and are holding the bag now.  Get ready to buy low soon.  Btc <100 in a few days
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November 11, 2015, 04:57:45 AM
 #61

I like seeing this bubble pop.  Was glad I didn't buy 450+ like some of the people who did and are holding the bag now.  Get ready to buy low soon.  Btc <100 in a few days

Why would you say things like that new people may think is true, it doesn't help build a community or a foundation for bitcoin?

The low was $293 and if you missed that, the boat may have sailed already. Sad


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November 11, 2015, 05:21:50 AM
 #62

I like seeing this bubble pop.  Was glad I didn't buy 450+ like some of the people who did and are holding the bag now.  Get ready to buy low soon.  Btc <100 in a few days

Why would you say things like that new people may think is true, it doesn't help build a community or a foundation for bitcoin?

The low was $293 and if you missed that, the boat may have sailed already. Sad


Ufo
I agree that he shouldn't say things like that. Bitcoin price may experience considerable price changes as it's struggling to stabilize the itself and I admit that this can't be consider a bubble yet
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November 11, 2015, 07:29:18 AM
 #63

I like seeing this bubble pop.  Was glad I didn't buy 450+ like some of the people who did and are holding the bag now.  Get ready to buy low soon.  Btc <100 in a few days

Any specific reason why you want the bitcoin price to drop. You are lucky that you did not buy in $450.
Do you believe the bitcoin price will be <100 within days?
I can bet against you that the bitcoin price will not be below $100 for any 24 hour period in 30 days. There is chance of flash crash, but the below $100 price will stay long.
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November 11, 2015, 07:36:52 AM
 #64

If bitcoin drops below 100$ it means that there is a problem with it.
The lowest price for more than one year has been ~250$
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November 11, 2015, 07:39:51 AM
 #65

If bitcoin drops below 100$ it means that there is a problem with it.
The lowest price for more than one year has been ~250$

thats not true. on bitstamp the price was under 200$ this summer. only for a short time and i missed to buy @190 because i had no fiat placed on the exchange.

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November 11, 2015, 08:04:02 AM
 #66

If bitcoin drops below 100$ it means that there is a problem with it.
The lowest price for more than one year has been ~250$

thats not true. on bitstamp the price was under 200$ this summer. only for a short time and i missed to buy @190 because i had no fiat placed on the exchange.

Oh my bad...
But still I guess this was not a normal event.
I'm talking about a steady price, fluctuations are normal and Bitcoin is still too small to soften them.
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November 11, 2015, 08:19:44 AM
 #67

If bitcoin drops below 100$ it means that there is a problem with it.
The lowest price for more than one year has been ~250$

thats not true. on bitstamp the price was under 200$ this summer. only for a short time and i missed to buy @190 because i had no fiat placed on the exchange.


it was manipulated, because it was only on one exchange, i don't trust a value that appear on a single exchange

so no the lowest was still above 200, i can not see how it is going sub 230, when we are still above 300
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November 11, 2015, 09:07:04 AM
 #68

If bitcoin drops below 100$ it means that there is a problem with it.
The lowest price for more than one year has been ~250$

thats not true. on bitstamp the price was under 200$ this summer. only for a short time and i missed to buy @190 because i had no fiat placed on the exchange.


it was manipulated, because it was only on one exchange, i don't trust a value that appear on a single exchange

so no the lowest was still above 200, i can not see how it is going sub 230, when we are still above 300

Things change quickly in bitcoin world. A few days ago, I think the price will fluctuate around $370. Now the price is $310.

Maybe the MMM Ponzi has crashed!
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November 11, 2015, 09:44:48 AM
 #69

I like seeing this bubble pop.  Was glad I didn't buy 450+ like some of the people who did and are holding the bag now.  Get ready to buy low soon.  Btc <100 in a few days

Another person dreaming with open eyes but it will not be easy to get low price this because it has very stable price above $300 with very large buy support so you will keep dreaming about this until price will go more up $500 is coming soon.
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November 11, 2015, 11:52:55 AM
 #70

I hope the price stays here or go to the moon, but let's face it, the downtrend has started and I played my buy orders in the 250 area

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November 11, 2015, 12:04:30 PM
 #71

Bitcoin is a bubble. There's no doubt about it. +20% in one day, oh please. The problem is, we dont know whether bitcoin will regain a foothold after it pops, or even when it's going to pop.

I don't think bitcoin's going to pop anytime soon, with tho
The current mass adoption, but I think we will see a big drop sometime in the next few years.
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November 11, 2015, 12:13:00 PM
 #72

Bitcoin is a bubble. There's no doubt about it. +20% in one day, oh please. The problem is, we dont know whether bitcoin will regain a foothold after it pops, or even when it's going to pop.

I don't think bitcoin's going to pop anytime soon, with tho
The current mass adoption, but I think we will see a big drop sometime in the next few years.
big drops after a while is quite common in my opinion but the bitcoin's price will tend to get higher as the halving is coming close. Anyway it is tryign to stabilize itself at the moment
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November 11, 2015, 01:11:52 PM
 #73

I like seeing this bubble pop.  Was glad I didn't buy 450+ like some of the people who did and are holding the bag now.  Get ready to buy low soon.  Btc <100 in a few days

Man this is more wishful thinking than becoming reality.
In worst case we will see low 200s again.But never ever below 100.Keep dreaming mate!
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November 11, 2015, 04:11:05 PM
 #74

I like seeing this bubble pop.  Was glad I didn't buy 450+ like some of the people who did and are holding the bag now.  Get ready to buy low soon.  Btc <100 in a few days

Man this is more wishful thinking than becoming reality.
In worst case we will see low 200s again.But never ever below 100.Keep dreaming mate!

Never say never. Just remember when in 2014 bitcoin price dropped from more than $700 to $102 on BTC-e ($275 on Bitstamp) and don't forget to put a buy limit order.  Wink
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November 11, 2015, 09:37:21 PM
 #75

I like seeing this bubble pop.  Was glad I didn't buy 450+ like some of the people who did and are holding the bag now.  Get ready to buy low soon.  Btc <100 in a few days

Man this is more wishful thinking than becoming reality.
In worst case we will see low 200s again.But never ever below 100.Keep dreaming mate!

Never say never. Just remember when in 2014 bitcoin price dropped from more than $700 to $102 on BTC-e ($275 on Bitstamp) and don't forget to put a buy limit order.  Wink


I thought this was just someone that fat fingered his order, no? I thought this was not a real drop. I mean $102 on btc-e and $275 on Bitstamp is quite a difference in price!
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November 12, 2015, 12:56:40 PM
 #76

I like seeing this bubble pop.  Was glad I didn't buy 450+ like some of the people who did and are holding the bag now.  Get ready to buy low soon.  Btc <100 in a few days

Man this is more wishful thinking than becoming reality.
In worst case we will see low 200s again.But never ever below 100.Keep dreaming mate!

Never say never. Just remember when in 2014 bitcoin price dropped from more than $700 to $102 on BTC-e ($275 on Bitstamp) and don't forget to put a buy limit order.  Wink

You can't say like that unless the average price of bitcoin is $102. From what you said, the average price is about 185 so that's really far from 100 mark
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November 12, 2015, 01:00:16 PM
 #77

I like seeing this bubble pop.  Was glad I didn't buy 450+ like some of the people who did and are holding the bag now.  Get ready to buy low soon.  Btc <100 in a few days

Man this is more wishful thinking than becoming reality.
In worst case we will see low 200s again.But never ever below 100.Keep dreaming mate!

Never say never. Just remember when in 2014 bitcoin price dropped from more than $700 to $102 on BTC-e ($275 on Bitstamp) and don't forget to put a buy limit order.  Wink


btc-e orderbook is very thin. that's why it went that low. these flash crashes happen from time to time. that's why i have buy orders open at very low price levels. it may take a very long time, but eventually it will happen.
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November 12, 2015, 05:03:03 PM
 #78

I like seeing this bubble pop.  Was glad I didn't buy 450+ like some of the people who did and are holding the bag now.  Get ready to buy low soon.  Btc <100 in a few days

Man this is more wishful thinking than becoming reality.
In worst case we will see low 200s again.But never ever below 100.Keep dreaming mate!

Never say never. Just remember when in 2014 bitcoin price dropped from more than $700 to $102 on BTC-e ($275 on Bitstamp) and don't forget to put a buy limit order.  Wink
You can't say like that unless the average price of bitcoin is $102. From what you said, the average price is about 185 so that's really far from 100 mark

No matter how far from 100 mark was the price, I just want to say that this is a very good opportunity for any trader to make a good profit on btc-e.
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November 12, 2015, 05:19:33 PM
 #79

btc-e orderbook is very thin. that's why it went that low. these flash crashes happen from time to time. that's why i have buy orders open at very low price levels. it may take a very long time, but eventually it will happen.

 Cheesy It is not because the btc-e orderbook is very thin, anyway it is not thinner than on bitstamp. This crashes happen from time to time because of the Metatrader and funny traders who are so fond of "Stop Loss" ...
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November 12, 2015, 05:26:38 PM
 #80

I like seeing this bubble pop.  Was glad I didn't buy 450+ like some of the people who did and are holding the bag now.  Get ready to buy low soon.  Btc <100 in a few days

Man this is more wishful thinking than becoming reality.
In worst case we will see low 200s again.But never ever below 100.Keep dreaming mate!

Never say never. Just remember when in 2014 bitcoin price dropped from more than $700 to $102 on BTC-e ($275 on Bitstamp) and don't forget to put a buy limit order.  Wink
You can't say like that unless the average price of bitcoin is $102. From what you said, the average price is about 185 so that's really far from 100 mark

No matter how far from 100 mark was the price, I just want to say that this is a very good opportunity for any trader to make a good profit on btc-e.
Yeah BTC-E is somewhat a great place for trader to make profit I admit
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November 12, 2015, 06:17:23 PM
 #81

i could not find a chart from the 1000$ bubble.


Here's the chart from the 2013 bubble. Classic bubble shape according to the illustration posted earlier.

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November 13, 2015, 10:54:08 AM
 #82

btc-e orderbook is very thin. that's why it went that low. these flash crashes happen from time to time. that's why i have buy orders open at very low price levels. it may take a very long time, but eventually it will happen.

 Cheesy It is not because the btc-e orderbook is very thin, anyway it is not thinner than on bitstamp. This crashes happen from time to time because of the Metatrader and funny traders who are so fond of "Stop Loss" ...
The problem is that they set their stop loss at a "round" value. It's more a psychological issue.
So when the price drops below this barrier, shit hits the fan...
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