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Author Topic: When will October's bubble burst?  (Read 11016 times)
pletharoe (OP)
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October 19, 2013, 10:45:27 AM
 #1

April:
7th - BTC rose $20
8th - BTC rose $24
9th - BTC rose $44
10th - CRASH!

October:
17th - BTC rose $6
18th - BTC rose $20
19th - Trading hasn't finished, but it's looking like another $20 day.

This rapid rise is accelerating at an unsustainable rate.  When will this bubble burst?
"If you don't want people to know you're a scumbag then don't be a scumbag." -- margaritahuyan
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goxed
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October 19, 2013, 10:47:04 AM
 #2

This time it's different Wink

Revewing Bitcoin / Crypto mining Hardware.
Hawker
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October 19, 2013, 12:43:21 PM
 #3

The GDP of Cyprus is $23 billion.  There are about 11 million Bitcoin in circulation. So if the Bitcoin economy ever approached the scale of a small bankrupt island in the Mediterranean, each Bitcoin would be worth well over $2000.

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October 19, 2013, 01:21:51 PM
 #4

April:
7th - BTC rose $20
8th - BTC rose $24
9th - BTC rose $44
10th - CRASH!

October:
17th - BTC rose $6
18th - BTC rose $20
19th - Trading hasn't finished, but it's looking like another $20 day.

This rapid rise is accelerating at an unsustainable rate.  When will this bubble burst?

bubble will burst at 10000$ 
hulk
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October 19, 2013, 01:55:20 PM
 #5

April:
7th - BTC rose $20
8th - BTC rose $24
9th - BTC rose $44
10th - CRASH!

October:
17th - BTC rose $6
18th - BTC rose $20
19th - Trading hasn't finished, but it's looking like another $20 day.

This rapid rise is accelerating at an unsustainable rate.  When will this bubble burst?

Its going to burst on 20th. Time to take profit..

Milan77
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October 19, 2013, 02:09:09 PM
 #6

April:
7th - BTC rose $20
8th - BTC rose $24
9th - BTC rose $44
10th - CRASH!

October:
17th - BTC rose $6
18th - BTC rose $20
19th - Trading hasn't finished, but it's looking like another $20 day.

This rapid rise is accelerating at an unsustainable rate.  When will this bubble burst?

Its going to burst on 20th. Time to take profit..
20, or 21st or 22nd... I'm ready to roll.
ralree
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October 19, 2013, 02:43:59 PM
 #7

Meh just hold long term.

1MANaTeEZoH4YkgMYz61E5y4s9BYhAuUjG
Abdussamad
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October 19, 2013, 02:49:13 PM
 #8

I hope it bursts soon and eventually stabilises at some price point like during the last few months. This volatility makes it hard to buy and sell.
Valerian77
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October 19, 2013, 08:53:43 PM
 #9

There is one step Bitcoin has taken now:

 1000 ¥


the next one 200 $
then 200 €
then 200 £


For sure the most important was RMB because Chinese is the market with the biggest potential --  but in this situation it is questionable if the value will drop to lower levels again. I so then good luck for all speculators.
BitPappa
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October 19, 2013, 09:06:45 PM
 #10

I sure can't answer you, but the gains (and volatility in general) really stir up the chemicals in my brain. While I know stability is good for Bitcoin in some ways, it's clear we're a long way from seeing that. Big gains make me happy for the increased value of my Bitcoins (plus I think it drives Bitcoin interest). Big crashes make me happy for the buying opportunities.

I just tried but can't even venture a guess.

Kluge
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October 19, 2013, 09:26:36 PM
 #11

This volatility makes it hard to buy and sell.
Huh I think you must be doing it wrong.  Tongue
derpinheimer
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October 19, 2013, 09:55:05 PM
 #12

Massive head and shoulders will crash to ~$40 in the next few days. I guarantee it*

*This prediction is intended solely for information purposes and are not to be construed, under any circumstances, by implication or otherwise, as an offer to sell or a solicitation to buy or sell or trade in any commodities, securities, or currencies herein named. Information is obtained from sources believed to be reliable, but is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted. In no event should the content of this report be construed as an express or implied promise, guarantee or implication by or from Derpinheimer.
Valerian77
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October 19, 2013, 10:15:41 PM
 #13

Massive head and shoulders will crash to ~$40 in the next few days. I guarantee it*

If you can give a guarantie then make a bet on it and you can make lots of Bitcoins: http://btclevels.com/
zendantom
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October 19, 2013, 10:21:49 PM
 #14

April:
7th - BTC rose $20
8th - BTC rose $24
9th - BTC rose $44
10th - CRASH!

October:
17th - BTC rose $6
18th - BTC rose $20
19th - Trading hasn't finished, but it's looking like another $20 day.

This rapid rise is accelerating at an unsustainable rate.  When will this bubble burst?


By your logic:

19th $24
20th $44
21th CRASH!

But dont wait till 20th, take profits now just to be sure  Smiley

Xer0
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October 19, 2013, 10:41:24 PM
 #15

what bubble?
john_doe
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October 19, 2013, 10:54:57 PM
 #16

what bubble?
This

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peonminer
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October 19, 2013, 11:37:24 PM
 #17

If it bursts soon i'm going to bust a nut all up in some BTC. I mean spend money and purchase some BTC. What ev.
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October 19, 2013, 11:43:08 PM
 #18

April:
7th - BTC rose $20
8th - BTC rose $24
9th - BTC rose $44
10th - CRASH!

October:
17th - BTC rose $6
18th - BTC rose $20
19th - Trading hasn't finished, but it's looking like another $20 day.

This rapid rise is accelerating at an unsustainable rate.  When will this bubble burst?

when DC comes to an agreement on debt ceiling and expense reduction ----- never --- meanwhile the dollar will continue to devaluate. Investment in gold is very dangerous as there are no gold to sell, it has been shorted many times over and they will continue to short it to attempt to save the world from the biggest depression one can not imagine. So BTC is the only safe investment
somestranger
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October 19, 2013, 11:45:25 PM
 #19

April:
7th - BTC rose $20
8th - BTC rose $24
9th - BTC rose $44
10th - CRASH!

October:
17th - BTC rose $6
18th - BTC rose $20
19th - Trading hasn't finished, but it's looking like another $20 day.

This rapid rise is accelerating at an unsustainable rate.  When will this bubble burst?
The rises in April were massive because the rally started around $15. In percentage terms we are nowhere near such a high rate of growth, although this is definitely unsustainable. I see a series of mini-bubbles like the past few days leading us to $200-300 by the end of the year.
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October 19, 2013, 11:45:43 PM
 #20

you got the naming wrong. this will mark the beginning of the "Great Christmas Bubble"
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