Has the Bubble Started?

[theonewhowaskazu]

I think its going to go down but far, far, less than it did last time around.

Last time we went from $266 to $57.

I think this time we'll dive roughly half that, from $225 to $140-ish.

I think its highly unlikely to see sub-$140 prices on either Bitstamp or Gox for any non-trivial period of time.

[JimboToronto]

So many bubbles.



I just hope it stays below $200 for a few more days while a $10k cheque clears so I can buy another 50 coins while they're still dirt cheap.

[theonewhowaskazu]

Feels like no bubble, at least post-correction.

[smoothie]

From the high and low of Mt.Gox , the rally downwards is starting, Mt.Gox high of $233 to a Low of $175, now at $192 will NOT Sustain itself the Big Whales are Dumping Big Time. They will get them to as low as possible before they buys back in. Common we need room for other coins, LTC, PPC, etc..

Maybe this whalers should drive Ltc..

The down hill will gain speeds very soon. It Goes Up Fast it will also comes Down Fast. Fasten your seat belts and get ready...

This post sounds desperate to get people to buy into alt coins, not that I'm against it. But it sounds like you have an agenda.

How do you know that "$192 will NOT Sustain itself the Big Whales are Dumping Big Time"?

[amadeo]

Feels like no bubble, at least post-correction.

I agree. And if you compare charts of different markets, it seems like, in my opinion, China was the one who rose the price of bitcoin but now China is no longer leading it, and maybe we had a little correction in price because it was climbing too fast, but this was not a bubble at all, or at least we are not near a critical point in a bubble.

[hromobiti]

It just matter of time when we are back where we were. Corrections are healthy.

Precisely: if history repeats itself, it's only a matter of 6 months before we are back to 200+ price levels no matter how low we are going to fall this time.

So much for corrections, MtGox is back at 200+
I dont believe this is a bubble, seems 150+ might be stable for long time