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gongcheng (OP)
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June 09, 2011, 01:55:32 AM
 #41
 [FAQ] Is BitCoin a Ponzi or pyramid scheme? (Newbie-Friendly)
http://forum.bitcoin.org/index.php?topic=7815.0
Bitcoin is a bubble.
http://forum.bitcoin.org/index.php?topic=12857.0
gongcheng (OP)
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June 09, 2011, 02:23:28 AM
 #42
Bubble and crashes
http://forum.bitcoin.org/index.php?topic=249.0

Bitcoin gonna burst?
http://forum.bitcoin.org/index.php?topic=12414.0

Geeks and Wallstreet
http://forum.bitcoin.org/index.php?topic=13502.0
Bitcoin is a bubble.
http://forum.bitcoin.org/index.php?topic=12857.0
Grant
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June 09, 2011, 02:29:59 AM
 #43
gongcheng (OP)
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June 12, 2011, 02:43:42 AM
 #44
Now it seems the case of skyrocketing price is what I predicted.
Bitcoin is a bubble.
http://forum.bitcoin.org/index.php?topic=12857.0
gongcheng (OP)
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June 12, 2011, 12:57:52 PM
 #45
What shall I say, the bubble is blowing again or people start to buy?
Bitcoin is a bubble.
http://forum.bitcoin.org/index.php?topic=12857.0
Gandlaf
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June 12, 2011, 01:17:27 PM
 #46
Quote from: DATA COMMANDER on June 07, 2011, 02:29:13 AM
Someone should research everything that's been called a bubble when it started and figure out how many of those things actually turned out to be bubbles. I'd kick in a few bitcents if someone put a bounty on this.

I doubt there´s an exact, indisputable way of determine what is and what is not a bubble(except in hindsight). But this might be a good start in terms of what indicators are concerned:
http://www.ritholtz.com/blog/2011/06/how-to-spot-a-bubble-in-real-time/
SlaveInDebt
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June 12, 2011, 01:39:04 PM
 #47
Here we go again...
"A banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to rain." - Mark Twain
gongcheng (OP)
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June 16, 2011, 10:03:32 AM
 #48
http://forum.bitcoin.org/index.php?topic=17787.msg226502#msg226502
Bitcoin is a bubble.
http://forum.bitcoin.org/index.php?topic=12857.0
MikesMechanix
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June 16, 2011, 01:19:36 PM
 #49
Quote from: gongcheng on June 07, 2011, 02:22:36 AM
Suppose I have 50k BTCs, I can register around 100 accounts on Mt Gox and distribute all my Bitcoins into these accounts and then I trade with myself from one account to other, every trade with a higher price. By this operations, I can easily drive up the price to whatever I want to drive.

You seem to completely ignore the fact that you'd have to buy the others' coins as well.
Please send your extra Bitcoins to 17miTorGDBUh3yNTYJtodJPw9wzrcNcf6y. Thank you!

Sign up on TradeHill Instant Bitcoin Exchange using this link to get a lifetime 10 % discount on trades!
Klestin
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June 16, 2011, 01:32:59 PM
 #50
Quote from: MikesMechanix on June 16, 2011, 01:19:36 PM
You seem to completely ignore the fact that you'd have to buy the others' coins as well.
Yes, in fact there's no need to start with coins - just buy out the for sale coins until you reach your target price.  The cash outlay is the same either way.  Of course raising the price doesn't make you a profit - to make a profit you'll have to keep the price higher than the average you paid while you sell them all.  That's always the hard part. Smiley
jdpy19
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January 13, 2021, 02:20:41 PM
 #51
Yes, bitcoin is a bubble.

Bitcoin's bubble will pop. Not once, but many times; over tens of years, leading to bigger bubbles.

Hope you still have your coins.
JimboToronto
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January 13, 2021, 04:21:01 PM
 #52
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