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Author Topic: Bubble phases  (Read 2382 times)
superduh
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November 23, 2013, 04:32:57 PM
 #21

actually if you really think about it we are still at the take-off stage. i'll let you think more on that.

ok
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November 23, 2013, 04:34:53 PM
 #22

You can see the bubble phases on the chart , we are currently at the public phase becareful and speculate/invest with caution don't cry or regret your own actions if it drops , yes the top may be much higher but this is a bubble period , whether you like it or not get real it was $13 at the beginning of the year , i am used to this i see this all the time at penny stocks : hype and mania in forums/boom/crash , yes BTC may succeed someday but not like this , now its a speculative security not a digital currency nothing wrong with that but don't be delusional and trade with caution .

http://www.thereformedbroker.com/wp-content/uploads/2011/06/bubble-phases.jpg

Price will crash. Everyone in the press agrees that this is the end of Bitcoin. Bitcoin will hit bottom and rise again. Next bubble ($5000?). Rinse repeat.

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November 23, 2013, 04:36:35 PM
 #23

Yes for sure. But right now it's difficult to call the top. Maybe it was today or maybe it will be later around 1000+
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November 23, 2013, 04:46:42 PM
 #24

Are you guys really retarded? It will never crash under 350 dollars.
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November 23, 2013, 04:48:04 PM
 #25

Are you guys really retarded? It will never crash under 350 dollars.

Famous last words?
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November 23, 2013, 05:29:24 PM
 #26

It does seem that we are in the middle of a massive boom right now, but will it crash or not? It is afterall gaining lots of media exposure and slowly becoming more mainstream.
My position is I bought 2btc a few weeks ago for around 600$, it was money I could afford to lose but didn't want to. I sold 1 earlier at 850 so I'm up on my original input plus $250 and I still have 1btc that I will leave as a wait and see.
If it does crash hugely I have money to buy more, if it doesn't I still have 1 bitcoin I got for free so I'm not too fussed. Curious as to how this will all pan out!
Wilhelm
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November 23, 2013, 05:36:55 PM
 #27

It does seem that we are in the middle of a massive boom right now, but will it crash or not? It is afterall gaining lots of media exposure and slowly becoming more mainstream.
My position is I bought 2btc a few weeks ago for around 600$, it was money I could afford to lose but didn't want to. I sold 1 earlier at 850 so I'm up on my original input plus $250 and I still have 1btc that I will leave as a wait and see.
If it does crash hugely I have money to buy more, if it doesn't I still have 1 bitcoin I got for free so I'm not too fussed. Curious as to how this will all pan out!

At some point in life you will be grey and old talking about that time you owned 2 whole BTC worth well over 6 digits and sold it for $850 Cheesy

Bitcoin is like a box of chocolates. You never know what you're gonna get !!
deepSix
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November 23, 2013, 05:45:52 PM
 #28

It does seem that we are in the middle of a massive boom right now, but will it crash or not? It is afterall gaining lots of media exposure and slowly becoming more mainstream.
My position is I bought 2btc a few weeks ago for around 600$, it was money I could afford to lose but didn't want to. I sold 1 earlier at 850 so I'm up on my original input plus $250 and I still have 1btc that I will leave as a wait and see.
If it does crash hugely I have money to buy more, if it doesn't I still have 1 bitcoin I got for free so I'm not too fussed. Curious as to how this will all pan out!

At some point in life you will be grey and old talking about that time you owned 2 whole BTC worth well over 6 digits and sold it for $850 Cheesy

True true!
I'm already getting grey hairs over the 200 bitcoins I bought for £3 ish and then sold a bit later because all people seemed to use them for was Silkroad!

I will be investing more in bitcoin, but just a small amount each month, don't want to put all my eggs in one basket. The litecoins I got a while back have doubled in value as well so i'm interested to see where that goes.
qu.fadep
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November 23, 2013, 07:02:38 PM
 #29

That bubble phases chart makes me nuts and I just figured out why.

In most bubbles I can think of the resources were not bounded. 

  • Tulips: Just grow more
  • Housing: Just build more
  • Stock Market: Just issue more

Feel free to add to my list.   Does this make sense? 
https://en.bitcoin.it/wiki/List_of_alternative_cryptocurrencies

+1  Grin
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November 24, 2013, 12:27:01 PM
 #30

We are in the MEAN , Bitcoin was undervalued.

SP8DE - The Game of Chance. Changed.
Gordonium
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November 24, 2013, 01:44:07 PM
 #31

NeXT pihaseurat is... The Great Crash!

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