the " stage of a buble" looking so accurate

[GigaCoin]

The graph is actually quite accurate.

Except in EVERY bitcoin bubble so far, the after-bubble price has been much higher than the incoming price.

In other words, the grey "mean" line at the bottom should be sloping much steeper upwards.

Exactly what I was about to say, I was here in April and the chart looked exactly the same, but the mean line wasnt all the way down.

[Hunterbunter]

Yeah it's still such a new market, and more and more people are becoming convinced of bitcoins true, combined with a very small percentage of total coins actually on the market at any one time, mean the "mean" is going to be very hard to penetrate.

[o3u]

I've found an up to date depiction of the bubble





source: http://coinmarketcap.com/

Glad i went all in to dogecoin last week.

Much profit
wow

[evolve]

Naaaaaaah




thereisnobubble.jpeg

[Roccker]

Yeah, this is the daily picture, but just because the last day endet at 600 - but it was down to 380 in the middle of this day -> so this would be a lot lower on the graph.

[trumbadera]

The fit is nice so far, but shouldnt next data have to be uncertain (otherwise it would be too easy to make pofits by everyone if we know tommorow price)

[600watt]

Don't worry I'm hodling my fiat 

one can only hodl crypto. no hodling around with fiat, dude.

[MonadTran]

I like this one. It clearly shows that Bitcoin is going to drop to below zero values, in the near future. Not only would it be worthless, but people would actually be paying money to get rid of their bitcoins. Maybe I should open a bitcoin disposal service, or something.

[evolve]

yeah, thats exactly what that chart shows 

[Demator027]

I've found an up to date depiction of the bubble


https://images.weserv.nl/?url=i.imgur.com%2Feup4OKl.jpg


source: http://coinmarketcap.com/

Glad i went all in to dogecoin last week.

Much profit
wow

Nah This is the updated version.
https://i.imgur.com/tmZlBpQ.jpg

Wow such moon.

[evolve]

That fucking doge meme is one of the most stupid things to come from the internet.  Its right up there with "rage comics" or whatever the hell that 4chan abortion is called.

[Demator027]

That fucking doge meme is one of the most stupid things to come from the internet.  Its right up there with "rage comics" or whatever the hell that 4chan abortion is called.

Yeah, I said the same thing when I heard about it, And when other people show me it I still go "Ugh", But for some reason its addictive, I don't know why. Anyways, Isn't like Justin Bieber a worse thing to come out of the internet? He started on Youtube.

[e521]

This is from first of January, log scale, do you feel any better?

[HeliKopterBen]

This chart may be relevant in a decade or three.

[GeniuSxBoY]

You can't see that the chart is reusable for any major bubble?

This chart will be relevant for all bubbles.

It's happened 4 times now at different magnitudes.

[TERA]

I think we're still in this "return to normal" phase now because everyone is still following the movements of btcchina while forgetting and denying to themselves that is a sinking ship. Every recovery is led by btcchina still.

[GeniuSxBoY]

Yes, without a doubt it's going to go down again.

[nanobrain]

What goat said.

Every rise/fall/correction this chart gets pulled out... of course it looks accurate but it has no time scale...you can zoom in/out pretty much any stock and get it to fit into this pattern...that's because crowds follow the same patterns, which is essentially Elliot wave theory - when any stock rises suddenly it tends to fall in this pattern.

Just hodl and enjoy your holidays.

[DoomDumas]

you guys are looking at the wrong chart... btc needs to be in log scale... we are just to the point of "take of" on log scale...


we have years and years to go....

Exaclty, that's why im holding on more than 80% of my BTC and still spend some whatever the fiat ratio is..

Log chart = more realistic

Interesting years are to come.. the past years were just an introduction...

[DoomDumas]

This is from first of January, log scale, do you feel any better?

THIS

+1

That's why im currently buying