manselr (OP)
Legendary
Offline
Activity: 868
Merit: 1006
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 05, 2017, 12:18:38 AM |
|
Bitstamp prices, same zoom setting, same 3-day increases candle, the result: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fs21.postimg.org%2F5elc2lxhz%2FPerspective.png&t=665&c=XdN2_SJJoUTr_w) As you can see, this is natural sustainable growth, we are not in bubble territory. If we started a 2013 type of uprise, the price would be at $10000+ with that steep angle, which means, anything is possible and we have not started the FOMO yet.
|
|
|
|
The Sceptical Chymist
Legendary
Offline
Activity: 3444
Merit: 6947
Top Crypto Casino
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 05, 2017, 12:41:19 AM |
|
So you say, but I'm feeling a little bit of FOMO right now, mainly because I'm flat broke and couldn't buy any bitcoin now if I wanted to. Seems I'm always missing the boat on this.
I see your point about not being in a bubble, but it does feel like 2013 to me. We've been rising pretty damn fast, and I'm anticipating a correction sooner rather than later. This is bitcoin, where we can be up or down $250 in a matter of hours. Fasten your safety belts, that's my recommendation.
|
|
|
|
target
Legendary
Offline
Activity: 2282
Merit: 1041
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 05, 2017, 05:20:54 AM |
|
Okay so if its going to go that way altcoins will still be the first to rise up too its going to be easy to buy altcoins that are pretty damn good as investment still. XMR is my best option for this. I'd consider ETH but it good to diversify like ICN.
But it still could go up to $1300 just as the speculations of the gurus.
|
|
|
|
Sunmax
Newbie
Offline
Activity: 5
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 05, 2017, 05:36:38 AM |
|
The current price is not a bubble for bitcoin.
|
|
|
|
davis196
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 05, 2017, 05:47:21 AM |
|
Pretty nice info,but now many people were using bitcoin back in 2013 and how many people use bitcoin now? This explains why the growth is more sustainable now. Back in 2013,the bitcoin market was small,some big players started buying big amounts and the price skyrocket. Now,the btc market is bigger,there are more bitcoin holders than before, so the growth is more stable.
|
|
|
|
X-ray
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 05, 2017, 06:05:23 AM |
|
Bitcoin just a little bubble right now, i was assuming if the price of bitcoin will never below $1000 again. But i was comparing the second chart and the current chart and it seems like bitcoin is more stronger right now. More support on bitcoin with the PBOC audit to prevent the chinese manipulation.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
panju1
Legendary
Offline
Activity: 1246
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 05, 2017, 06:41:02 AM |
|
We may be in a minor bubble because of the ETF hype, but I only see the price dropping by a couple of dollars if the ETF gets rejected. We are not going to see the crash of 2013 again. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
|
|
|
|
pooya87
Legendary
Offline
Activity: 3556
Merit: 10807
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 05, 2017, 06:52:33 AM |
|
the "bubble drama" was mostly when price went to $1180 the first time, now it has faded away ever since price went higher and showed some real buy support which was also strong enough to keep it up there.
although i should add the current $1250 (and yesterday's $1290) looks to me like a bubble but not a bubble starting from prices that people keep repeating such as $800-$900 but a small bubble starting from $1050ish and in case it bursts it will go down to $1100 and minimum $1000
|
|
|
|
Xester
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 05, 2017, 07:04:05 AM |
|
Bitstamp prices, same zoom setting, same 3-day increases candle, the result: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fs21.postimg.org%2F5elc2lxhz%2FPerspective.png&t=665&c=XdN2_SJJoUTr_w) As you can see, this is natural sustainable growth, we are not in bubble territory. If we started a 2013 type of uprise, the price would be at $10000+ with that steep angle, which means, anything is possible and we have not started the FOMO yet. There are no more bubbles because there are no more fake volumes and market manipulation that comes from the Chinese Exchanges. After PBOC inspection of those exchanges the problem was settled and everything was back to normal thus the CHinese Exchange can no longer create bubbles that will really affect us. This time the price increase was not manipulated and therefore no more bubbles.
|
|
|
|
dimonchik13
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 05, 2017, 07:30:24 AM |
|
Bitstamp prices, same zoom setting, same 3-day increases candle, the result: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fs21.postimg.org%2F5elc2lxhz%2FPerspective.png&t=665&c=XdN2_SJJoUTr_w) As you can see, this is natural sustainable growth, we are not in bubble territory. If we started a 2013 type of uprise, the price would be at $10000+ with that steep angle, which means, anything is possible and we have not started the FOMO yet. There are no more bubbles because there are no more fake volumes and market manipulation that comes from the Chinese Exchanges. After PBOC inspection of those exchanges the problem was settled and everything was back to normal thus the CHinese Exchange can no longer create bubbles that will really affect us. This time the price increase was not manipulated and therefore no more bubbles. And who can guarantee that most of the manipulation of the market will not? If the team has tried thus raise their income from the difference, which they themselves created, they will repeat it constantly.
|
|
|
|
Amph
Legendary
Offline
Activity: 3248
Merit: 1070
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 05, 2017, 07:30:48 AM |
|
well not really hard to draw what is coming, in 2013 for example the increase was very high and fast, in two week the value went to 12x, this is nothing like that, therefore no comparable make sense
thi is a steady increase, very solid, yes there are always price corrections, don't expected the value to rise without a little dump here and there, but don't expect either that there will be a dump to $700 again...
|
|
|
|
manselr (OP)
Legendary
Offline
Activity: 868
Merit: 1006
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 05, 2017, 03:33:14 PM |
|
Okay so if its going to go that way altcoins will still be the first to rise up too its going to be easy to buy altcoins that are pretty damn good as investment still. XMR is my best option for this. I'd consider ETH but it good to diversify like ICN.
But it still could go up to $1300 just as the speculations of the gurus.
Im not sure if I want to risk my BTC position int some alt pump and dump. We all have seen what happens when alts pump. Look at Dash... they are not sustainable, only BTC can sustain the big volume pumps and keep the price. ICN is being a disappointment. When I started tracking its price it was 421 sats, now its 263, and 421 was supposed to be the bottom.
|
|
|
|
Carlsen
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 05, 2017, 04:24:47 PM |
|
Okay so if its going to go that way altcoins will still be the first to rise up too its going to be easy to buy altcoins that are pretty damn good as investment still. XMR is my best option for this. I'd consider ETH but it good to diversify like ICN.
But it still could go up to $1300 just as the speculations of the gurus.
Im not sure if I want to risk my BTC position int some alt pump and dump. We all have seen what happens when alts pump. Look at Dash... they are not sustainable, only BTC can sustain the big volume pumps and keep the price. ICN is being a disappointment. When I started tracking its price it was 421 sats, now its 263, and 421 was supposed to be the bottom. I would not risk my bitcoins either. Of course money can be made with altcoins... but somebody loses that money as well. And I do not want it to be me! Every altcoin that went up came down again at some point. I keep my bitcoins, the conditions for a long way up are here.
|
|
|
|
manselr (OP)
Legendary
Offline
Activity: 868
Merit: 1006
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 05, 2017, 04:36:31 PM |
|
Bitstamp prices, same zoom setting, same 3-day increases candle, the result: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fs21.postimg.org%2F5elc2lxhz%2FPerspective.png&t=665&c=XdN2_SJJoUTr_w) As you can see, this is natural sustainable growth, we are not in bubble territory. If we started a 2013 type of uprise, the price would be at $10000+ with that steep angle, which means, anything is possible and we have not started the FOMO yet. There are no more bubbles because there are no more fake volumes and market manipulation that comes from the Chinese Exchanges. After PBOC inspection of those exchanges the problem was settled and everything was back to normal thus the CHinese Exchange can no longer create bubbles that will really affect us. This time the price increase was not manipulated and therefore no more bubbles. Bubbles can occur naturally without needing manipulation. Market participants can arbitrarily choose to buy and quickly raise the price out of legit FOMO. This could happen at any time. Of course, manipulation helps creating bubbles, but all im saying is, it can happen spontaneously.
|
|
|
|
cellard
Legendary
Offline
Activity: 1372
Merit: 1252
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 06, 2017, 04:53:11 PM |
|
The comparation of the angles is a good statistic. If you were to draw the same angle of 2013 in the current situation, the price would be $10,000+. So this means, if the same bull pressure happens within the current price, 5 figures would be guaranteed. Maybe the ETF can give us that, but that would be a clear bubble so we may see a big correction, but as long as it corrects above current price its good after all.
|
|
|
|
gentlemand
Legendary
Offline
Activity: 2590
Merit: 3014
Welt Am Draht
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 06, 2017, 05:01:45 PM |
|
Indeed. It's nowhere near bubbly. The people shouting bubble sure as shit weren't around the witness the last real one in 2013. That was quite stunning to see.
|
|
|
|
angaper
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 06, 2017, 06:40:02 PM |
|
After several years involved in trading, I have personally decided to put aside the technical analysis as a valid source of information to foresee the next market moves because it is well know that in markets, past or historic behaviors are not a guarantee of future results. I have read interesting articles few months ago where important economists predicted that the maximum sustainable price achievable for the bitcoin would be $1300, and above this mark would be mere speculation, and it seems we are arriving to that limit.
|
|
|
|
gentlemand
Legendary
Offline
Activity: 2590
Merit: 3014
Welt Am Draht
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 06, 2017, 07:03:10 PM |
|
I have read interesting articles few months ago where important economists predicted that the maximum sustainable price achievable for the bitcoin would be $1300, and above this mark would be mere speculation, and it seems we are arriving to that limit.
What do important economists know about the ins and outs of Bitcoin? Can they get inside the minds of the people demanding it? It's still a brand new arena. No one knows where it's going to end up. Other important economists predicted $10 two years ago.
|
|
|
|
target
Legendary
Offline
Activity: 2282
Merit: 1041
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 06, 2017, 07:06:38 PM |
|
After several years involved in trading, I have personally decided to put aside the technical analysis as a valid source of information to foresee the next market moves because it is well know that in markets, past or historic behaviors are not a guarantee of future results. I have read interesting articles few months ago where important economists predicted that the maximum sustainable price achievable for the bitcoin would be $1300, and above this mark would be mere speculation, and it seems we are arriving to that limit.
We'll see because base on what I've read from the blogs of the gurus is that its going to reach up to 1400 this time. It could be the limit since we are sticking to it for quite awhile already. Its going to be obvious for traders to see the crash when someone deposits a large amount of BTC on exchange. IF that ain't happening yet, we're still going to be seeing the constant rise of its value otherwise traders will buy altcoins upon seeing the dump coming. But good luck to all of us. Its going to be a good day to trade after all these.
|
|
|
|
manselr (OP)
Legendary
Offline
Activity: 868
Merit: 1006
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 06, 2017, 07:35:59 PM |
|
I have read interesting articles few months ago where important economists predicted that the maximum sustainable price achievable for the bitcoin would be $1300, and above this mark would be mere speculation, and it seems we are arriving to that limit.
What do important economists know about the ins and outs of Bitcoin? Can they get inside the minds of the people demanding it? It's still a brand new arena. No one knows where it's going to end up. Other important economists predicted $10 two years ago. We have seen a lot of so called economist "experts" predicting massive bitcoin crashes. Case in point: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FMfRGEqy.jpg&t=665&c=YCdCcz3thFfR7Q) I predict that Bitcoin will trade for under $10 a share by the first half of 2014, single digit pricing reflecting its option value as a pure commodity play. Miners/speculators will be best served to acknowledge the meltdown has begun, act quickly and take fleeting profit off the table.
(Williams, a former commodities trading floor senior executive and Federal Reserve bank examiner, teaches finance at Boston University School of Management.) Classic CEO/FED bankster that should have keep his dumb mouth quiet, but predicted a low price of BTC that never came. Anyone that listened to him is now suicidal if they sold their Bitcoin.
|
|
|
|
|