We are here.

[knight22]

[joinfree]

Hahaha this chart has been posted in here a lot of times, the first time that it was posted was on August 1nd, when bitcoin was going through the first fork.
The second time it was on the Bitcoin Gold fork when the price was below of $3900 each bitcoin, and those "chart" posters were saying that it was going to crash when it touched $4000.
And then it was posted when bitcoin touched six thousand dollars by the first time, it is nice to see it being posted in here, because it means that it will continue rising, omfg.
This made me laugh a lot.

[pooya87]

if we made a new vanity address called 1BBLChart..... and each of you who post this "bubble stages chart" send 100 satoshi to that address (assuming 100 satoshi transactions would be possible) then that address could have had 10BTC in it.

what none of you realize is that we are not even in the second phase yet. you think the "media attention" has happened already? not at all! they are still laughing at bitcoin on the media most of the times and call bitcoin "Fraud" and things like that. this attention has grows a lot but it is not even near what that chart is saying.

[thecodebear]

if we made a new vanity address called 1BBLChart..... and each of you who post this "bubble stages chart" send 100 satoshi to that address (assuming 100 satoshi transactions would be possible) then that address could have had 10BTC in it.

what none of you realize is that we are not even in the second phase yet. you think the "media attention" has happened already? not at all! they are still laughing at bitcoin on the media most of the times and call bitcoin "Fraud" and things like that. this attention has grows a lot but it is not even near what that chart is saying.

woah woah woah, don't say none of us realize this. Some of us know how to read charts. As you say, we are not even in the second stage yet. We are in the take off part at the border of stage 1 and stage 2 right now. Essentially the past 6 months have been the take off. 2018 will be the start of the institutional money phase. And yeah when the media mostly writes hit pieces about Bitcoin that doesn't exactly count as the Media Attention part of the chart haha, what that means is, as the chart says, you have to be smart money to get into Bitcoin right now while most people think its a scam or a ponzi scheme or it's about to all go to zero or it has no value or purpose or you're likely to get your bitcoin stolen or its only used by criminals, etc.

[cipher-x_09]

Even though this chart show that bitcoin popularity has grown, still many are in disbelief of bitcoin, news coverage over bitcoin are still not among hot topics in some medias. Some country are thinking bitcoin are use by those fraudsters and scammers to fool and tricked other people. Only seldom people are known of the purpose and advantages of bitcoin. Still considering that from those facts bitcoin manages to rise from obstacles, imagine if a lot of people will accept and invest in bitcoin then the price and demand for bitcoin will grew larger and larger, day by day.

[DaMut]

ok let say we're in that point,
but before accepting that you should tell us why ?
can you tell us what is going on,and what will happen in the future ?
that thing already posted many times before since we're $100 , $1000, $2000 and etc etc.
and as far as i can see the demand itself keep increasing,but the supply itself can not more than what we had right now.
just imagine 21 Millions supply for a millions people in the future or even more than that.
how much it will be ? it still has a lot of room to grow and i believe we're not in that point yet.

[Phil_S]

We on the border of "Smart Money" -> "Institutional Investors".

[timerland]

We could be here.

However we could also be in the initial sell off position with a bear trap if you look at it at a different perspective. The thing is with this current pump and all, it's definitely going to come a time where BTC gets dumped big time.

That time is definitely not now at least in my opinion. BTC still got a long way to go, even after the dump this time, it's still going to outperform bank interest in the long term imo.

[sic57005]

Classic. This chart is meaningless as any others, because charts are always past and none of them can predict future in any way. So, forget that "astrology for boys" and do some real investigation.

[Opquar]

I can not even count how many times we have 'returned to normal' in the past. It is cute that you think bitcoin is a bubble, but while investors have a different opinion, we will simply keep on rising.

[MNDan]

Look at any log chart - we are at media attention currently...

[alisafidel58]

Everytime i look at that chart it always amazed me that bitcoin has been able to survive all this time.
I dont think that we will be able to go back to the despair stage because bitcoin has been widely known now and we are not on its early stage.

[Phil_S]

Look at any log chart - we are at media attention currently...

We are not even at Institutional Investors phase yet.

[hugeblack]

may be happen but will take time (hope to happen these days to earn more bitcoins) .
till now bitcoin prices pumped because many trust in it more than any time before so that you see price always stable at high rank  .
in future block size problem will effect but not one will know what will happen

[magneto]

Honestly i would like to see the bubble burst and buy up as much bitcoin as i can when BTC gets overdumped like hell. When everyone else is talking trash about bitcoin and saying that it's got no future, thats when you know you should buy.

We're still in the institutional investors stage at the moment. Goldman sachs and other investment funds/banks have only got into cryptos a few months ago and people are still flooding in.

IMO, bitcoin will get up to at least $15000 per coin before any sort of actual flash crash happens.

[Wind_FURY]

OP, Bitcoin has been there the last time but it has come back 7 times stronger after the great crash of the Mt.Gox drama. If we arrive at the stage of despair, what would the new bottom be? $3000 per coin? Then when it comes back stronger by a factor of 7 again, where would Bitcoin be?

$21,000. I would be so happy to catch your coins.

[CryptoBry]

That chart looks good and I have seen it here for many times. However, Bitcoin is a different animal and there are some points in that chart which are not really accurate if we have to look at what really happened in Bitcoin's history. But then again, that chart can still help us to get inspired to continue on holding to what we got. And that is the most important thing for now.

[talkbitcoin]

guys OP is right, he just forgot to flip his image when he was done drawing the arrow before uploading it.
let me fix that for you

[alyssa85]

That chart looks good and I have seen it here for many times. However, Bitcoin is a different animal and there are some points in that chart which are not really accurate if we have to look at what really happened in Bitcoin's history. But then again, that chart can still help us to get inspired to continue on holding to what we got. And that is the most important thing for now.

Nothing is as different as that!

These markets make no sense at the moment, especially in view of teh mempool issue and the lack of adoption by merchants. Take a little bit of profit folks, not your whole stash, but a bit, just in case.

[European Central Bank]

These markets make no sense at the moment, especially in view of teh mempool issue and the lack of adoption by merchants. Take a little bit of profit folks, not your whole stash, but a bit, just in case.

traders don't care about the mempool or fees and never have. and everyone knows it was an artificial attack intended to coordinate with the bcash pump.

hardly anyone cares about merchant adoption. why would you want to spend it when it could be worth more next month?

i agree about the markets making little sense.