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iflash (OP)
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December 02, 2013, 02:09:35 PM
 #1

… is still true?

I mean: It's not like that most of us have not seen bubbles before (internet crash, silver, etc.):

https://www.dropbox.com/s/dgbpj6zlebn2rho/crash%20imminent.jpg

Just asking, not trolling ... it really looks just a bit too similar not to question it. And the latest run, followed by a small crash (30 per cent down is kinda crash, huh), followed by going up a bit and now ...?
drdejanm
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December 02, 2013, 02:18:04 PM
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I lost my bbq wallet password, is there  hope for me?
jballs
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December 02, 2013, 02:19:52 PM
 #3

… is still true?

I mean: It's not like that most of us have not seen bubbles before (internet crash, silver, etc.):

https://www.dropbox.com/s/dgbpj6zlebn2rho/crash%20imminent.jpg

Just asking, not trolling ... it really looks just a bit too similar not to question it. And the latest run, followed by a small crash (30 per cent down is kinda crash, huh), followed by going up a bit and now ...?

Hey Newb,

I can actually guarantee you the top is not in yet. I am not in yet. Therefore it will go higher.

Also, nobody ever picked the top of a bubble, not once ever in history has the guy who sold the top know it was the top. So don't sweat it.

My prediction- the achilles heel is the old guard. One day the masters of war and money will get miffed (probably when top bitcoin holder's net worth eclipses Slim and Buffett combined, or maybe just one), they will do something legislatively atrocious. Panic will set in, and btc will get hit hard.

If you are a true believer, you will go all in as the blood is flowing, and wait for the uprising to return the true move higher.

After that if it works it will still crash again but from a much higher level.


http://www.google.com/trends/explore#q=Bitcoin&cmpt=q

That is a good chart to watch...

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iflash (OP)
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December 02, 2013, 02:41:51 PM
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I think that chart does not tell anything. By itself it looks like a big thing, but what happens if you enter a second or third keyword that affects more people.

Look what I mean:

http://www.google.com/trends/explore#q=Bitcoin%2C%20gold%2C%20iphone&cmpt=q
rvdb1984
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December 02, 2013, 03:06:18 PM
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I think that chart does not tell anything. By itself it looks like a big thing, but what happens if you enter a second or third keyword that affects more people.

Look what I mean:

http://www.google.com/trends/explore#q=Bitcoin%2C%20gold%2C%20iphone&cmpt=q

Interesting to see this chart! I believe that BTC will become a payment method for many people, so let's see what this chart will do in, say, a year.
RodeoX
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December 02, 2013, 03:11:31 PM
 #6

We're all just guessing. But I'm more optimistic than ever. There has never been so much good news and so many people working on cool bitcoin projects. It reminds me of the Internet in 1990. When people were still saying... "Sure, the Internet is fun for geeks. But it will never be mainstream."

The gospel according to Satoshi - https://bitcoin.org/bitcoin.pdf
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