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Question: When is it gonna happen?  (Voting closed: December 16, 2015, 04:01:05 PM)
at $450 or lower - 7 (15.2%)
before it hits $500 (double top) - 10 (21.7%)
at a bit higher than $500 - 6 (13%)
it's not a local bubble - 22 (47.8%)
other (share your thoughts) - 1 (2.2%)
Total Voters: 46

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Author Topic: The local bubble is about to burst  (Read 2646 times)
helloeverybody
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December 11, 2015, 10:29:46 PM
 #21

Im thinking no bubble just normal rising, Saying that i wont be surprised if there is a massive dump.

afbitcoins
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December 11, 2015, 10:33:00 PM
 #22

Stupid ass TA
You got that right, but you try telling all the techies here.  Honestly, I'd love to know how much money the technical analysis devotees on this forum have made as a result of being able to predict the price of bitcoin.  I say it can't be done.

Maybe it can't be done but I'm quietly pleased with when I accumulated more bitcoin
oblomov
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December 12, 2015, 01:41:18 AM
 #23

As Bubble Boy Alan Greenspan correctly noted, a bubble can only be discerned in retrospect.

Is gold in a bubble?  It's up significantly from its early-00s lows.
GameKyuubi
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December 12, 2015, 03:56:28 AM
 #24

Newsflash, TC.  EVERYTHING is a local bubble, it just depends on your scope.

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December 12, 2015, 04:11:15 AM
 #25

Burst has begun!
Wolf Rainer
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December 12, 2015, 04:19:51 AM
 #26

Burst has begun!

Just a little shake off.
hunnaryb
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December 12, 2015, 05:09:46 AM
 #27

Stupid ass TA
You got that right, but you try telling all the techies here.  Honestly, I'd love to know how much money the technical analysis devotees on this forum have made as a result of being able to predict the price of bitcoin.  I say it can't be done.

Agreed, can't be done.

 

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Bit_Happy
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December 12, 2015, 06:10:49 AM
 #28

...

..You should also understard that no one is interested in buying bitcoin anymore. This pump is doomed.


Are you suggesting the rally is doomed by -Greed- ?   Tongue
If "no one is interested in buying bitcoin anymore", then how did the price get above $450 a few hours ago?

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December 12, 2015, 06:25:32 AM
 #29

Burst has begun!

It was just a minor retrace.  Tongue
Brace yourself for the next push upwards. The next target will be $500+ (hopefully sometime in 2015 itself)
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December 12, 2015, 09:47:33 AM
 #30

Looks like the bubble may have already started to pop.

 There has been NO positive news for Bitcoin since the announcement about the Chinese exchanges being able to take Fiat currency directly, which makes it seem very likely that most of the price movements since then have been about Chinese traders getting to play with Bitcoin easily again.


 I'm still looking for $300 sometime, not sure if it will get there before the end of the year though.

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helloeverybody
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December 12, 2015, 10:03:12 AM
 #31

someone may have just cashed out , may not be a proper dump. Its the weekend so trading will probably be slow anyways.

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December 12, 2015, 11:47:35 AM
 #32

OP was somewhat correct with his prediction. He have indicated dump after crossing 450 in chart and same thing happen at today morning price crashes to around 400. I don't know how he predict this but i may follow him in his next prediction.  Smiley
European Central Bank
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December 12, 2015, 06:06:15 PM
 #33

When does it stop being a rally and start to become a bubble? I'm interested to know the difference.
-Greed- (OP)
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December 12, 2015, 07:17:39 PM
 #34

That was awesome.


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December 13, 2015, 12:52:31 AM
 #35

Just before it hit $500 as proven yesterday.
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December 13, 2015, 01:22:48 AM
 #36

just voted for a double top event. This current price rise was too fast and too close to the recent top. I am simply not convinced we have enough steam left. I expect we go back to $350 before the year end.

this space is intentionally left blank
-Greed- (OP)
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December 13, 2015, 05:15:14 AM
 #37

The bubble is already gone and we are heading into the depths of hell (not yet) down. I guess price will touch $370 within 4-6 days.

The Sceptical Chymist
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December 13, 2015, 05:46:52 AM
 #38

The bubble is already gone and we are heading into the depths of hell (not yet) down. I guess price will touch $370 within 4-6 days.
lol quoted for reference.   I'll stop back in 6 days and we'll see if you're correct.

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