wblabla4 (OP)
Newbie
Offline
Activity: 37
Merit: 0
|
|
April 11, 2013, 05:04:47 AM Last edit: April 11, 2013, 03:33:09 PM by wblabla4 |
|
https://i.imgur.com/mOHjCMC.pngOne graph is worth a thousand words. edit: fixed the graph showing 175$ "back to normal" EDIT2: WE'RE AT FEAR RIGHT NOW
|
|
|
|
Crazy
|
|
April 11, 2013, 05:05:40 AM |
|
You're reading that wrong. This would be bull trap.
|
Elon Krusky
|
|
|
wblabla4 (OP)
Newbie
Offline
Activity: 37
Merit: 0
|
|
April 11, 2013, 05:06:44 AM |
|
You're reading that wrong. This would be bull trap.
The 175$ "correction" isn't showing on the 6m graph.
|
|
|
|
hubbabubbabaker
Member
Offline
Activity: 98
Merit: 10
Sometimes - history needs a push.
|
|
April 11, 2013, 05:07:52 AM |
|
We shall see soon shan't we? I'm going to set some very low bids overnight just incase.
|
"To know your Enemy, you must become your Enemy." -Sun Tzu
|
|
|
Crazy
|
|
April 11, 2013, 05:08:37 AM |
|
I still think we're in the midst of the trap. Might go up to $200 still, who knows. Stupid money aplenty around here.
|
Elon Krusky
|
|
|
GeoRW
Sr. Member
Offline
Activity: 350
Merit: 257
Trust No One
|
|
April 11, 2013, 05:09:35 AM |
|
Bitcoin will go into economic textbooks soon
|
|
|
|
wblabla4 (OP)
Newbie
Offline
Activity: 37
Merit: 0
|
|
April 11, 2013, 05:12:35 AM |
|
Fixed the graph.
|
|
|
|
hubbabubbabaker
Member
Offline
Activity: 98
Merit: 10
Sometimes - history needs a push.
|
|
April 11, 2013, 05:14:09 AM |
|
I feel like we're going to see some big movement within the next ten hours.
|
"To know your Enemy, you must become your Enemy." -Sun Tzu
|
|
|
flyhouse
Newbie
Offline
Activity: 59
Merit: 0
|
|
April 11, 2013, 05:23:25 AM |
|
This chart is valid for every bubble I have ever seen, and I've been following stock and currency markets since around the Asian crisis of 97-98.
|
|
|
|
jl2012
Legendary
Offline
Activity: 1792
Merit: 1097
|
|
April 11, 2013, 05:43:51 AM |
|
One graph is worth a thousand words. edit: fixed the graph showing 175$ "back to normal" No, 266->105 is just the "first sell off"
|
Donation address: 374iXxS4BuqFHsEwwxUuH3nvJ69Y7Hqur3 (Bitcoin ONLY) LRDGENPLYrcTRssGoZrsCT1hngaH3BVkM4 (LTC) PGP: D3CC 1772 8600 5BB8 FF67 3294 C524 2A1A B393 6517
|
|
|
Crazy
|
|
April 11, 2013, 06:53:47 AM |
|
So were you ignoring that "Media Attention" label because it doesn't fit your assumptions or? Plus the "enthusiasm," "greed," yea. Definitely haven't seen any of that around here. $100,000 per BTC definitely isn't "Delusion." People saying bitcoin isn't a bubble because it's something that's never been before, that's not "New Paradigm" either.
What's funny is I actually got caught around that bear trap @ $71.50. Although I might have been part of the sell off leading into it. Who knows. Pretty spot on in my eyes.
|
Elon Krusky
|
|
|
zoinky
|
|
April 11, 2013, 06:56:30 AM |
|
So were at bear trap?
|
|
|
|
deathcode
Copper Member
Sr. Member
Offline
Activity: 1428
Merit: 253
Eloncoin.org - Mars, here we come!
|
|
April 11, 2013, 07:01:09 AM |
|
I'm sorry but I don't se ANY indications of a "bubble" popping here. If anything, I see a technical issue that caused a panic sell-off. The fact that SO many accounts are coming into the market only means MORE and MORE money to be added to the system. That means bulls and speculators, but more people will speculate uptrend. just my 2cts.
|
▄▄████████▄▄ ▄▄████████████████▄▄ ▄██████████████████████▄ ▄█████████████████████████▄ ▄███████████████████████████▄
| ███████████████████▄████▄ █████████████████▄███████ ████████████████▄███████▀ ██████████▄▄███▄██████▀ ████████▄████▄█████▀▀ ██████▄██████████▀ ███▄▄████████████▄ ██▄███████████████ ░▄██████████████▀ ▄█████████████▀ █████████████ ███████████▀ ███████▀▀ | | | Mars, here we come! | ▄▄███████▄▄ ▄███████████████▄ ▄███████████████████▄ ▄█████████████████████▄ ▄███████████████████████▄ █████████████████████████ █████████████████████████ █████████████████████████ ▀███████████████████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀███████████████▀ ▀▀███████▀▀ | ElonCoin.org | │ | | .
| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
|
|
|
simplydt
|
|
April 11, 2013, 07:02:51 AM |
|
Well at least bitcointalk is back to normal, no crazy mofo lag anymore. We'll see about the bitcoin, I am definitely thinking it could easily hit $50 again, all it will take is one major holder to sell off today and we will have panic again. I'll wait to buy at $50! (I also might regret this )
|
|
|
|
Frost
|
|
April 11, 2013, 07:04:58 AM |
|
Well at least bitcointalk is back to normal, no crazy mofo lag anymore. We'll see about the bitcoin, I am definitely thinking it could easily hit $50 again, all it will take is one major holder to sell off today and we will have panic again. I'll wait to buy at $50! (I also might regret this ) I buy at 50$ tommorow too.
|
|
|
|
ruski
|
|
April 11, 2013, 07:09:08 AM |
|
No, 266->105 is just the "first sell off"
|
|
|
|
Ares
|
|
April 11, 2013, 07:09:45 AM |
|
One graph is worth a thousand words. edit: fixed the graph showing 175$ "back to normal" No, 266->105 is just the "first sell off" +1Do you people even read the graph? In the background it says the first sell-off is at institutional investors... Sounds about where we're at. And then the crash back to the mean is after the "public" background wording. LOL if you think bitcoin is known by the public. Edit: This is also assuming this graph has any merit in this new technology... Which it likely doesn't
|
|
|
|
blackreplica
|
|
April 11, 2013, 07:12:49 AM |
|
Regardless of who is right I think there's some compelling reading here.
We won't know who's right until after the fact.
|
www.sgBitcoin.net - The Premier News, Discussion & Marketplace Destination for the Singaporean Bitcoin Community
|
|
|
Crazy
|
|
April 11, 2013, 07:13:47 AM |
|
Do you people even read the graph? In the background it says the first sell-off is at institutional investors... Sounds about where we're at. And then the crash back to the mean is after the "public" background wording. LOL if you think bitcoin is known by the public.
Except we did get institutional investors and the public does know. Where do you think the demand flooded in from? Early adopters? "Public" isn't qualified in that graph. So even a 1% exposure could lead to the bubble playing out.
|
Elon Krusky
|
|
|
Crypt_Current
|
|
April 11, 2013, 07:14:05 AM |
|
also argument against OP: media attention is just starting
|
|
|
|
|