Pop?

[antimattercrusader]

... We shall see.

Was hoping to break $266 tho

[indrek]

... We shall see.

Was hoping to break $266 tho

china is sleeping

[antimattercrusader]

Good point.

It's already bouncing back, too.

[antimattercrusader]

8 second flash crash, I love the BTC market lol.

[NamelessOne]

... We shall see.

Was hoping to break $266 tho

Corrections aren't bubblepops, they are normal market behaviour. Much like the spring I wouldn't be surprised if a whole lot of people just lost a whole lot of coins and will chase the price upwards as we continue to climb once the correction is complete.  

[NamelessOne]

8 second flash crash, I love the BTC market lol.

Yes exactly! 

[wobber]

How can we see the amount sold?

[antimattercrusader]

... We shall see.

Was hoping to break $266 tho

Corrections aren't bubblepops, they are normal market behaviour. Much like the spring I wouldn't be surprised if a whole lot of people just lost a whole lot of coins and will chase the price upwards as we continue to climb once the correction is complete.  

Yes, I know. I am not selling anytime soon. I figured we were having a significant correction. When I said break $266 I mean before I finish this pizza I just bought for 0.08 BTC.:)Now, we might have to wait for the Chinese to wake up.

[NamelessOne]

... We shall see.

Was hoping to break $266 tho

Corrections aren't bubblepops, they are normal market behaviour. Much like the spring I wouldn't be surprised if a whole lot of people just lost a whole lot of coins and will chase the price upwards as we continue to climb once the correction is complete.  

Yes, I know. I am not selling anytime soon. I figured we were having a significant correction. When I said break $266 I mean before I finish this pizza I just bought for 0.08 BTC.:)Now, we might have to wait for the Chinese to wake up.

LOL excellent! 

[chrsjrcj]

Just a redistribution of wealth from old Bitcoiners to beginners.

[crazy_rabbit]

... We shall see.

Was hoping to break $266 tho

Corrections aren't bubblepops, they are normal market behaviour. Much like the spring I wouldn't be surprised if a whole lot of people just lost a whole lot of coins and will chase the price upwards as we continue to climb once the correction is complete. 

Yes, I know. I am not selling anytime soon. I figured we were having a significant correction. When I said break $266 I mean before I finish this pizza I just bought for 0.08 BTC.:)Now, we might have to wait for the Chinese to wake up.

I suspect it's significant. That said, it's healthy. We've been flying high longer then ever now.

[wobber]

I am not saying that we're not gonna go up some more but I saw today's "correction". It was a bubblepop. Numbers were going backwards like a watch on a time bomb

[windjc]

Pop?

Son?

[NamelessOne]

I am not saying that we're not gonna go up some more but I saw today's "correction". It was a bubblepop. Numbers were going backwards like a watch on a time bomb

LOL, then what happened a couple weeks ago? Was that also a bubblepop? Bubblepops generally are followed by dropping down and never rising again, right? Yet here we are... HIGHER. THis drop wasn't even as bad as that one! hahah. Every time the price drops do you call it a bubblepop? Is every correction a popped bubble?

[wobber]

I am not saying that we're not gonna go up some more but I saw today's "correction". It was a bubblepop. Numbers were going backwards like a watch on a time bomb

LOL, then what happened a couple weeks ago? Was that also a bubblepop? Bubblepops generally are followed by dropping down and never rising again, right? Yet here we are... HIGHER. THis drop wasn't even as bad as that one! hahah. Every time the price drops do you call it a bubblepop? Is every correction a popped bubble?

It popped. Doesn't mean it can reinflate but... This growth is unsustainable. Who does sustain it? Hordes of hungry "investors" coming in with cash? You? Me? Because I don't sustain this growth. I didn't bought and don't plan to into this parabolic rise.

How many millions USD do we need each day just to keep the price floating?

Let it bubblepop!

[Syke]

How many millions USD do we need each day just to keep the price floating?

About 1.

[wobber]

How many millions USD do we need each day just to keep the price floating?

About 1.

Oh, sorry... Then let the price be 750, cause 3 mil USD per day would be nothing, equal to peanuts.

[NamelessOne]

I am not saying that we're not gonna go up some more but I saw today's "correction". It was a bubblepop. Numbers were going backwards like a watch on a time bomb

LOL, then what happened a couple weeks ago? Was that also a bubblepop? Bubblepops generally are followed by dropping down and never rising again, right? Yet here we are... HIGHER. THis drop wasn't even as bad as that one! hahah. Every time the price drops do you call it a bubblepop? Is every correction a popped bubble?

It popped. Doesn't mean it can reinflate but... This growth is unsustainable. Who does sustain it? Hordes of hungry "investors" coming in with cash? You? Me? Because I don't sustain this growth. I didn't bought and don't plan to into this parabolic rise.

How many millions USD do we need each day just to keep the price floating?

Let it bubblepop!

The rest of the world doesn't use bubble the way you and some people on here use the world bubble. Rapid spikes in price followed by corrections within an upward trend aren't endless repeating bubbles.

[wobber]

Yes they are.

[BitcoinAshley]

You know, for a long time Wobber had stayed off of my ignore list. Others, like mah87, weren't so lucky. I thought wobber had something special to offer, and permabear sentiment is always a good thing to have around just to keep one on one's toes.

But his current insistence that any tiny flash crash be seriously referred to as a "bubble pop" is beyond childish, and displays an exceptional lack of knowledge regarding traditional market lingo. I will now add him and I suggest others do as well! He was fun for a little while... but now it's time to get that shit dark orange!