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We are repeating 2012, not 2011
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Topic: We are repeating 2012, not 2011 (Read 5266 times)
rudius
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Re: We are repeating 2012, not 2011
May 11, 2014, 06:28:18 PM
#41
Quote from: Toxic2040 on May 11, 2014, 04:53:36 PM
Quote from: TERA on September 16, 2013, 11:52:19 AM
The rise of 2013 was much higher than the rise of 2012. Some people keep speaking of the obvious "line" on the log chart. However I am having trouble finding this line and in fact I can draw several lines which would allow btc to go much lower than it is now before going up again. I have plotted a couple for reference.
The low volume and the lack of significant bid depth on mtgox that continues to fail to fill in above 125 seems to confirm my suspicion that it isn't ready to go higher at this point. I think this ordeal with the bid depth was an inflection point for this Jul-Aug rally.
I find it very amusing to see such wrong prediction's...over and over again from the same FUDster's. Why do you waste valuable energy in something you do not believe in?
Great necro thread revival. Thank's.
I agree. This a big similarity with 2013.
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Re: We are repeating 2012, not 2011
May 11, 2014, 08:22:23 PM
#42
more like we are "repeating" 2014, i think price will shoot to 800 or around there, in the upcoming months, maybe at the end of the summer
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BitchicksHusband
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Re: We are repeating 2012, not 2011
May 11, 2014, 09:01:52 PM
#43
Quote from: TERA on May 11, 2014, 01:22:22 PM
Quote from: BitchicksHusband on May 11, 2014, 01:21:41 PM
This looks really familiar, like the same things we are reading right now.
Don't forget the November bubble started about exactly 30 days after this on about October 16.
There is no similarity of 2014 to 2013. at all
Not even the same TERAbear?
1BitcHiCK1iRa6YVY6qDqC6M594RBYLNPo
zzojar
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Re: We are repeating 2012, not 2011
May 12, 2014, 06:57:12 PM
#44
I have looked at that too, and feel we're probably repeating 2012, which means bitcoin will probably stay flat for several more months before it rises again
UglyTroll
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Re: We are repeating 2012, not 2011
May 12, 2014, 07:06:47 PM
#45
Stay flat for several more months, and then a bad news hit, ......
eoJ
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Re: We are repeating 2012, not 2011
May 13, 2014, 12:11:46 AM
#46
Generally helps if you make the
scale
actually to scale. It jumps much too fast, which obviously makes the growth in 2011 appear much faster.
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