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Author Topic: The truth about the current bubble  (Read 4434 times)
jaysabi
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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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