Bitcoin Forum
February 22, 2018, 05:57:01 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: We are in a melt up  (Read 898 times)
yokosan
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500



View Profile
April 09, 2013, 10:26:29 PM
 #1

If you have been here for a while, you are probably making all kinds of gains.

I bet you love this shit. I know I do.

We have a huge flood of newbies. As the price is going up most people decide not to sell since they can just sell higher at a later date.

What we are experiencing right now is called a melt up.

Melt up is a term that refers to the general improvement of the value of the stock market not correlated with improvements in the fundamentals of the economy. This usually refers to bubble type movements, where investors buy into an asset because the growth is rocketing upwards instead of fundamentals of the asset, or the result of general inflation.

Quote
A dramatic and unexpected improvement in the investment performance of an asset class driven partly by a stampede of investors who don't want to miss out on its rise rather than by fundamental improvements in the economy. Gains created by a melt up are considered an unreliable indication of the direction the market is ultimately headed, and melt ups often precede melt downs.

http://www.investopedia.com/terms/m/melt-up.asp


████████████████
██████████████████████████
██████████████████████████████████
████████████████████████████████████████
████████████████████████████████████████████
██████████████████████████████████████████████
█████████▀▀▀██████████████████████████▀▀▀█████████
█████████     ████████████████████████     █████████
███████████▄▄▄██████████████████████████▄▄▄███████████
████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████
████████████████████████████████████████████████████████████
█████████████████████████████████     ██████████████████████
████████ █████████████████████████      ██████████████████████
██████      ███████ ██████████████      ███ █████     ████████
██████      ██████     ████ ██████      ██     ██     ████████
██████         ███     ██      ███      ██     ██       ██████
██████         ███     ██      ███      ██     ██       ██████
 
████████████████████████████████████████████████████████████████████████████████████████████████████     ██████████     █████
█████     ██████████     ████████████████████████████████████████████████████████████████████████████████████████████████████
  |    | 
1519322221
Hero Member
*
Offline Offline

Posts: 1519322221

View Profile Personal Message (Offline)

Ignore
1519322221
Reply with quote  #2

1519322221
Report to moderator
1519322221
Hero Member
*
Offline Offline

Posts: 1519322221

View Profile Personal Message (Offline)

Ignore
1519322221
Reply with quote  #2

1519322221
Report to moderator
1519322221
Hero Member
*
Offline Offline

Posts: 1519322221

View Profile Personal Message (Offline)

Ignore
1519322221
Reply with quote  #2

1519322221
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1519322221
Hero Member
*
Offline Offline

Posts: 1519322221

View Profile Personal Message (Offline)

Ignore
1519322221
Reply with quote  #2

1519322221
Report to moderator
1519322221
Hero Member
*
Offline Offline

Posts: 1519322221

View Profile Personal Message (Offline)

Ignore
1519322221
Reply with quote  #2

1519322221
Report to moderator
masachino
Newbie
*
Offline Offline

Activity: 16
Merit: 0


View Profile
April 09, 2013, 11:58:44 PM
 #2

There is always the fact that more bitcoin adopters actually does imply an improvement in the value of btc.  More adopters means more people to offer btc services and the like. 
Bit_Happy
Legendary
*
Offline Offline

Activity: 1694
Merit: 1000


A Great Time to Start Something!


View Profile
April 10, 2013, 12:01:18 AM
 #3

This usually refers to bubble type movements... 
Bubbles are fun!  Cheesy
Elwar
Legendary
*
Offline Offline

Activity: 2380
Merit: 1045


www.bitpools.com


View Profile WWW
April 10, 2013, 12:02:40 AM
 #4

We always knew that the price would have to go up to meet the demand.

And there are plenty of huge projects that will make Bitcoin worth much more than the current price.

May as well get in now before those projects are released than wait for the announcements.

http://www.bitpools.com
Pool your bitcoins with others. Vote on solutions using the Bitcoin blockchain. Keep your bitcoins in your cold storage until you find a solution you like.
Links and Reviews of useful every day places to spend bitcoins: https://bitcointalk.org/index.php?topic=943143.0
Crazy
Full Member
***
Offline Offline

Activity: 168
Merit: 100


View Profile
April 10, 2013, 12:06:24 AM
 #5

Yea, nothing like gambling. BUY MOAR!~
shamntalk
Member
**
Offline Offline

Activity: 73
Merit: 10


BTC


View Profile
April 10, 2013, 12:28:51 AM
 #6

Thanks Yokosan. Well put.
Zendata
Jr. Member
*
Offline Offline

Activity: 42
Merit: 0


Good things come to those who wait.


View Profile
April 10, 2013, 01:28:39 AM
 #7

Yea, nothing like gambling. BUY MOAR!~

This. However I choose to gamble responsively and retain my profit. Gotta love a good rig  Wink
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!