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Author Topic: Can we have two bubbles in one year?  (Read 3457 times)
rpietila
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October 24, 2013, 08:40:16 AM
 #41

shit man, if it continues like this, we will be asking us "can we have two bubbles in one day?"    Shocked

Chart showing that in one day bitcoin can crash 50%, rise 100%, crash 50% and again raise 100%, with high volume, in the biggest and best exchnge MtGox.

HIM TVA Dragon, AOK-GM, Emperor of the Earth, Creator of the World, King of Crypto Kingdom, Lord of Malla, AOD-GEN, SA-GEN5, Ministry of Plenty (Join NOW!), Professor of Economics and Theology, Ph.D, AM, Chairman, Treasurer, Founder, CEO, 3*MG-2, 82*OHK, NKP, WTF, FFF, etc(x3)
1Pakis (OP)
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October 24, 2013, 09:28:36 AM
 #42

50% isn't a crash in bitcoin world. It is high volatility get used to it.

Tips are welcome at this address 18DVZkpSwmejPjekX3QMKvRRtR8Bfx65LN.
klee
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October 24, 2013, 09:33:40 AM
 #43

Geia sou patrida Wink
Geia sou kai se esena Wink
To site stin ypografi sou einai diko sou h einai diafimisi?
Diafimisi!

Kane join an 8es to group mou sto FB:
https://www.facebook.com/groups/UbiCrypt

Na ta leme k apo ekei!
rpietila
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October 24, 2013, 09:46:41 AM
 #44

50% isn't a crash in bitcoin world. It is high volatility get used to it.

I would use the following:

<20% daily fluctuation
20-35% flashcrash
35-65% middle-of-the-move correction
65%-90% once-per-year event
>90% epic crash

HIM TVA Dragon, AOK-GM, Emperor of the Earth, Creator of the World, King of Crypto Kingdom, Lord of Malla, AOD-GEN, SA-GEN5, Ministry of Plenty (Join NOW!), Professor of Economics and Theology, Ph.D, AM, Chairman, Treasurer, Founder, CEO, 3*MG-2, 82*OHK, NKP, WTF, FFF, etc(x3)
1Pakis (OP)
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October 24, 2013, 10:19:58 AM
 #45

I agree Smiley

Tips are welcome at this address 18DVZkpSwmejPjekX3QMKvRRtR8Bfx65LN.
mp420
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October 24, 2013, 10:53:37 AM
 #46

This rally might have been the real dead cat bounce. Bitcoin market is growing up and things take more time than they used to.
Kaiji
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October 25, 2013, 11:28:12 AM
 #47

Plus all of the weak hands have been scared off the exchanges after the bubble burst in Apr. Now there are a lot of people holding their coins no matter what.
Is there any sort of a basis for the strong hands / weak hands theory? Like, something tangible / observable? So many people state this "fact", but it just seems like a wild assumption to me.


Back in Apr. there were so many people who dumped their coins at the first sign at trouble. As I remember it was Gox being shutdown for a short time which started the mass sell off at the $266 peak. If an exchange went down today I highly doubt it will cause a panic sell. I am just comparing the buyers back then with the buyers today who are of a much different mentality.
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October 25, 2013, 12:30:42 PM
 #48

we just did Grin Grin Grin Grin Grin
Johnny Bitcoinseed
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October 25, 2013, 01:15:49 PM
 #49

Just growing pains.  Over time the rises and falls will be less dramatic percentage wise.  If the trade value falls to $100 and then rises back to $200 you've lost nothing as long as you still have your coins.  Look at the longer term picture rather than quick buck speculation and you may be rather pleased at the outlook.

Sincerely I am, Johnny BitcoinSeed .com
mootinator
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October 25, 2013, 04:22:54 PM
 #50

This rally might have been the real dead cat bounce. Bitcoin market is growing up and things take more time than they used to.

The paradox in that statement hurts my brain.

No
MAbtc
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October 25, 2013, 04:55:01 PM
 #51

This rally might have been the real dead cat bounce. Bitcoin market is growing up and things take more time than they used to.
What are you telling me here? We going sub-50 levels?  Huh
mp420
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October 25, 2013, 06:00:47 PM
 #52

This rally might have been the real dead cat bounce. Bitcoin market is growing up and things take more time than they used to.
What are you telling me here? We going sub-50 levels?  Huh

Yes. I don't think this is a certainty, but I think it's possible, maybe even likely.
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October 25, 2013, 06:16:20 PM
 #53

This rally might have been the real dead cat bounce. Bitcoin market is growing up and things take more time than they used to.
What are you telling me here? We going sub-50 levels?  Huh

Yes. I don't think this is a certainty, but I think it's possible, maybe even likely.

Everyone is always trying to "define" everything.

How about this theory? --->  Bitcoin is simply in a phase where it grew to he 140's, consolidated, sprang to the 220s, and cam back down to the 170s.   That's just as or more plausible than a 4 month dead cat bounce.
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