kingcrimson (OP)
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October 22, 2013, 01:07:23 AM |
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Remember the bubble earlier this year, it was an all out war of bears vs bulls, with many people calling a bubble. This time we are hitting $200 and there isn't much debate. Thoughts?
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wobber
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October 22, 2013, 01:09:21 AM |
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Remember the bubble earlier this year, it was an all out war of bears vs bulls, with many people calling a bubble. This time we are hitting $200 and there isn't much debate. Thoughts?
We are $20 until you can say hitting 200. If it is a bubble, it is just when first molecules of air are entering it. |
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phlogistonq
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October 22, 2013, 01:09:36 AM |
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This is known territory. Look again when we are approaching $5000
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dree12
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October 22, 2013, 01:09:49 AM |
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Bubbles always pop as soon as everyone stops thinking it's a bubble. As long as people still yell "bubble", the bubble will keep inflating  . |
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ImI
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October 22, 2013, 01:26:04 AM |
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This is known territory. Look again when we are approaching $260
fyp |
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havoc928
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Decentralized Ascending Auctions on Blockchain
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October 22, 2013, 01:32:09 AM |
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Man, being a poor college student sucks balls.
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kokojie
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October 22, 2013, 01:42:49 AM |
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It's not even a bubble yet, too early. At least wait for it to go parabolic
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btc: 15sFnThw58hiGHYXyUAasgfauifTEB1ZF6
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scarsbergholden
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October 22, 2013, 02:00:44 AM |
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Remember the bubble earlier this year, it was an all out war of bears vs bulls, with many people calling a bubble. This time we are hitting $200 and there isn't much debate. Thoughts?
i've seen lots of bubble talk (from bears). don't know where you are looking. crosses my mind all day as well..... It's not even a bubble yet, too early. At least wait for it to go parabolic
it did. |
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theonewhowaskazu
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October 22, 2013, 02:40:25 AM |
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Before bubble talk can begin we have to be hitting ATHs. The moment we hit an ATH, or even go within $10 of hitting one, there'll be severe bubble talk again. This will continue for several months and then the bubble will 'pop' and we will 'crash' to about x3 the price where we are right now.
This has happened several times now. I'm sorta surprised the market doesn't self-correct, at this point.
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TheJuice
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October 22, 2013, 03:18:24 AM |
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This rally/bubble seems to be china-driven. Hence a lack of talk. Or you could argue 2011 bubble was 32; early 2013 bubble 267 (~8x); so the next bubble should be 267*8 = 2K. If we hit 2k ill start calling the bubble.
PS - BTCChina just had a print > 200 USD-equivs.
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Elwar
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Viva Ut Vivas
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October 22, 2013, 03:24:37 AM |
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This rally/bubble seems to be china-driven.
Makes sense. We are just along for the ride on this one. You can scream bubble bubble at all of us and we could even agree, but it would not affect the price. |
First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin. |
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smoothie
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LEALANA Bitcoin Grim Reaper
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October 22, 2013, 03:26:39 AM |
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Remember the bubble earlier this year, it was an all out war of bears vs bulls, with many people calling a bubble. This time we are hitting $200 and there isn't much debate. Thoughts?
Perhaps some of the hardcore bears have learned their lesson on being too bearish and then having the market move against them violently. |
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wachtwoord
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October 22, 2013, 03:29:01 AM |
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This is known territory. Look again when we are approaching $2600
fyp fyp |
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TheJuice
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October 22, 2013, 03:29:37 AM |
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This rally/bubble seems to be china-driven.
Makes sense. We are just along for the ride on this one. You can scream bubble bubble at all of us and we could even agree, but it would not affect the price. I also think we are seeing casual/hobby mining dying. Very little BTC is being pumped into these companies anymore - the entire summer the mining industry was a suck for BTCs (which then had to be converted to fiat). Now that the ASIC fiasco is winding down and people are realizing its better to buy-hold than speculate on mining we are seeing an increase in price. Very little movement out of BTCs. |
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emanymton
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October 22, 2013, 03:30:37 AM |
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I think it goes without saying we are witnessing a bubble. I think most of us have seen this several times before.
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TERA
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October 22, 2013, 03:34:25 AM |
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Yeah I really don't like this parabolic movement at all. I can't get any sleep. I would much prefer a slow linearish rise of 1% per day, all the way to $5000.
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scarsbergholden
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October 22, 2013, 03:41:23 AM |
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Yeah I really don't like this parabolic movement at all. I can't get any sleep. I would much prefer a slow linearish rise of 1% per day, all the way to $5000.
no sleep here either  we're deff in bubble territory considering btc has only ever been this high in value for one day, give or take some hours |
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wachtwoord
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October 22, 2013, 03:43:18 AM |
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Yeah I really don't like this parabolic movement at all. I can't get any sleep. I would much prefer a slow linearish rise of 1% per day, all the way to $5000.
no sleep here either we're deff in bubble territory considering btc has only ever been this high in value for one day, give or take some hours How does that make it a bubble? The opposite also isn't true. Bubbles can only be identified ex post facto  |
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scarsbergholden
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October 22, 2013, 03:43:46 AM |
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Yeah I really don't like this parabolic movement at all. I can't get any sleep. I would much prefer a slow linearish rise of 1% per day, all the way to $5000.
no sleep here either we're deff in bubble territory considering btc has only ever been this high in value for one day, give or take some hours How does that make it a bubble? The opposite also isn't true. Bubbles can only be identified ex post facto ok see you at the bottom  |
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wachtwoord
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October 22, 2013, 03:45:22 AM |
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Yeah I really don't like this parabolic movement at all. I can't get any sleep. I would much prefer a slow linearish rise of 1% per day, all the way to $5000.
no sleep here either we're deff in bubble territory considering btc has only ever been this high in value for one day, give or take some hours How does that make it a bubble? The opposite also isn't true. Bubbles can only be identified ex post facto ok see you at the bottom Sure. I'll ride this thing wherever it goes |
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