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Author Topic: The inverse bubble  (Read 1354 times)
dree12 (OP)
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July 06, 2013, 03:54:27 PM
 #1

If this isn't a bubble, I don't know what it is. The price is dropping for no apparent reason, and the drop is intensely accelerating. When will it pop?

NB: This is a log scale chart.
ElectricMucus
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July 06, 2013, 04:26:05 PM
 #2

Getting this chart requires mental gymnastics in several disciplines at once, are you up for the challenge? I'm not sure I am...
Dalib
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July 06, 2013, 04:31:17 PM
 #3

Yes, we may see a correction soon - "Dead Cat Bounce"  Wink



But then probably capitulation and bottom ...

Walsoraj
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July 06, 2013, 04:42:47 PM
 #4

I am planning Shoryuken uppercut candle soon.
Walsoraj
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July 06, 2013, 04:51:25 PM
 #5

Dump and Pump?

No, straight up. Possibly to infinity.
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July 06, 2013, 04:52:14 PM
Last edit: July 06, 2013, 05:13:54 PM by Dalib
 #6

Dump and Pump?

yes, panic sell and panic buy  Smiley

maybe: dump -> pump -> dump -> and then road on the bottom  Wink

ElectricMucus
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July 06, 2013, 05:21:35 PM
 #7

Dump and Pump?

No, straight up. Possibly to infinity.

Thanks, now my brain hurts.
Walsoraj
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July 06, 2013, 05:26:04 PM
 #8

Dump and Pump?

No, straight up. Possibly to infinity.

Thanks, now my brain hurts.

Try not to think so hard. Just throw USD at MtGox while there is still blood in the streets. This is musical key to major success.
Technomage
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July 07, 2013, 01:53:47 PM
 #9

This is my kind of chart Grin

Denarium closing sale discounts now up to 43%! Check out our products from here!
smith1023
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July 07, 2013, 01:59:15 PM
 #10

Dump and Pump?

No, straight up. Possibly to infinity.

http://img38.imageshack.us/img38/403/s1fa.jpg
bitcoin44me
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July 07, 2013, 02:02:38 PM
 #11

Everyone is holding, no one (except miners) is selling

SlipperySlope
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July 07, 2013, 02:19:49 PM
 #12

Very insightful illustration of this plunge.

Accordingly, its unlikely the bottom of this plunge will not be gentle and rounded, rather it will be a single day spike down with seller exhaustion followed by a sharp rally.

dree12 (OP)
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July 11, 2013, 02:19:28 PM
 #13

Need I say... POP!

dree12 (OP)
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July 12, 2013, 11:28:01 PM
 #14


USD/mXBT, last 2 months. Any questions?

When bubbles pop, they pop all the way.
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July 13, 2013, 01:36:44 AM
 #15

Like I said, the recent increase is a reaction to the price sliding down too fast.

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