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Author Topic: Why we bubbling up?  (Read 2420 times)
muyuu
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January 22, 2013, 04:16:36 PM
 #21

I have been wondering if this recent rise is a pump and dump.

Though much more likely to be money from the traditional financial world getting involved rather than an ASIC manufacturer.

Avalon only takes payments in BTC. That causes demand. Then these ASICs hopefully will keep difficulty high.

Both are bullish factors.

I seriously doubt they'd be pumping on BTC, they might store some though.

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January 22, 2013, 05:29:02 PM
 #22

because of this: http://www.google.com/trends/explore#q=buy%20bitcoins&date=1%2F2011%2025m&cmpt=q

Bitcoin rocket is taking off. Maybe we fly to the moon this time.  Cheesy

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January 23, 2013, 06:00:14 AM
 #23

because of this: http://www.google.com/trends/explore#q=buy%20bitcoins&date=1%2F2011%2025m&cmpt=q

Bitcoin rocket is taking off. Maybe we fly to the moon this time.  Cheesy

Thats not a cause, its an effect. But yes, it confirms this increase is not unwarranted

Bro, do you even blockchain?
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January 23, 2013, 06:15:07 AM
 #24

the google trend seems to correlate much more now, than during the june 11 spike.

good times ahead?

Fiat currencies everywhere are in trouble and this is bullish for bitcoins.



check this one out for comparison:

http://www.google.com/trends/explore#q=buy%20bitcoin%2C%20bond%20bubble&date=1%2F2011%2025m&cmpt=q

correlation is settling in a bit...

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January 23, 2013, 07:12:01 AM
 #25

because of this: http://www.google.com/trends/explore#q=buy%20bitcoins&date=1%2F2011%2025m&cmpt=q

Bitcoin rocket is taking off. Maybe we fly to the moon this time.  Cheesy

Thats not a cause, its an effect. But yes, it confirms this increase is not unwarranted

self enforcing feedback loop  --->  next bubble ahead

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