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coinpr0n
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November 05, 2015, 08:15:57 PM |
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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
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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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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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davinchi
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Activity: 2100
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November 06, 2015, 06:13:51 AM |
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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.  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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azguard
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Crypto-News.net: News from Crypto World
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November 09, 2015, 07:27:58 AM |
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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. 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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coinpr0n
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November 09, 2015, 07:51:09 AM |
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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. 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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vlom (OP)
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Activity: 1498
Merit: 1113
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November 10, 2015, 10:21:41 AM |
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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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Amph
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Activity: 3206
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November 10, 2015, 11:32:27 AM |
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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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jaysabi
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Activity: 2044
Merit: 1115
★777Coin.com★ Fun BTC Casino!
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November 10, 2015, 04:25:09 PM |
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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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Mickeyb
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November 10, 2015, 07:27:44 PM |
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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. 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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Betwrong
Legendary
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Activity: 3276
Merit: 2150
I stand with Ukraine.
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November 10, 2015, 07:42:13 PM |
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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. 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 $350 was in a way conditioned by the sale of 44,000 BTC by US Marshals Service. http://www.coindesk.com/us-marshals-auction-winner-announcement-delay/ |
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vlom (OP)
Legendary
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Activity: 1498
Merit: 1113
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November 10, 2015, 07:47:10 PM |
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when is started this topic i really hoped, that it is just ab bubble. i was so glad that after i sold @334$ (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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Eastwind
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November 10, 2015, 09:23:48 PM |
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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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UfoRia
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November 10, 2015, 09:35:10 PM |
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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.  The RSI was below thirty for fifteen minutes, going as low as 12 for two minutes. Way oversold... Ufo |
If I have been a help, my BTC donation address -> 1GUEqAzbMvwkY7hbb6bauhY6AkVoCSXDkp
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UfoRia
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November 10, 2015, 09:54:26 PM |
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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. Ufo |
If I have been a help, my BTC donation address -> 1GUEqAzbMvwkY7hbb6bauhY6AkVoCSXDkp
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cptdome1
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November 11, 2015, 01:57:08 AM |
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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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UfoRia
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November 11, 2015, 04:57:45 AM |
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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.  Ufo |
If I have been a help, my BTC donation address -> 1GUEqAzbMvwkY7hbb6bauhY6AkVoCSXDkp
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zodiac3011
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November 11, 2015, 05:21:50 AM |
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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. 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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Eastwind
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November 11, 2015, 07:29:18 AM |
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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 $100 price will stay long. |
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Barnabe
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November 11, 2015, 07:36:52 AM |
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If bitcoin drops below 100$ it means that there is a problem with it.
The lowest price for more than one year has been ~250$
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vlom (OP)
Legendary
Offline
Activity: 1498
Merit: 1113
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November 11, 2015, 07:39:51 AM |
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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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