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phoenix1
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February 08, 2014, 08:59:02 PM |
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Denial it is then
Denial of the fact that each recurring Bitcoin "bubble" rises to a new height? (except perhaps the summer 2012 "bubble") No, I just love the way every one gets so agitated every time this chart gets posted  I liked your version better  |
"Before you embark on a journey of revenge, dig two graves" - Confucius (China 551BC-479 BC)
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Cyberlight
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February 08, 2014, 09:37:35 PM |
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You posted the wrong image  |
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Xer0
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February 08, 2014, 10:19:42 PM |
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Elwar
Legendary
 Offline
Activity: 3598
Merit: 2384
Viva Ut Vivas
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February 08, 2014, 10:31:07 PM |
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Wait...what is this? I have never seen this before. I have been into Bitcoin since 2010 and supported it but after this picture...wow...a new light has shown upon me. I am selling all of my bitcoins and moving on to penny stocks. |
First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin. |
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JimboToronto
Legendary
 Online
Activity: 4004
Merit: 4480
You're never too old to think young.
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February 09, 2014, 01:00:07 AM |
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I am selling all of my bitcoins and moving on to penny stocks.
Hey give Ripple and Dogecoin some consideration too. |
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iki
Newbie
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Activity: 2
Merit: 0
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February 09, 2014, 01:13:14 AM |
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Nice! Is there a bigger version of this image? |
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thelema93
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February 09, 2014, 01:14:09 AM |
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indeed...  |
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JimboToronto
Legendary
Online
Activity: 4004
Merit: 4480
You're never too old to think young.
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February 09, 2014, 01:34:44 AM |
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Nice! Is there a bigger version of this image?
Here's the original, right out of MS Paint. I resized it to keep it forum-sized. Posting over-sized images is a crappy thing to do.  |
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jubalix
Legendary
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Activity: 2618
Merit: 1022
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February 09, 2014, 01:56:15 AM
Last edit: February 09, 2014, 02:14:49 AM by jubalix |
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Maybe this will help the noobs to understand:  exaclty newbs can't into looking at history. |
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jubalix
Legendary
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Activity: 2618
Merit: 1022
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February 09, 2014, 02:18:02 AM |
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oh and bit coin tech is a new paradigm
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jamesc760
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February 09, 2014, 02:12:58 PM |
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When I first saw the chart that the OP has posted, I was a newbie too and bitcoin was worth about $60--and that was less than a year ago.
Let's not be too harsh on hte OP, he/she still has innocence. Staring at the chart and figuring out what it means will only lead to the loss of that innocence. I am still figuring out the chart.
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nick32768 (OP)
Newbie
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Activity: 42
Merit: 0
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February 10, 2014, 11:14:11 AM |
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I might be a noob, but the bubble is popping  Nick. |
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porcupine87
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February 10, 2014, 11:49:02 AM |
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Maybe this will help the noobs to understand: This is great. But what if gox had the problems in a different time? |
"Morality, it could be argued, represents the way that people would like the world to work - whereas economics represents how it actually does work." Freakonomics
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nick32768 (OP)
Newbie
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Activity: 42
Merit: 0
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February 21, 2014, 09:23:27 AM |
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We have reached the despair phase.
Now every one will say "This is not an exploding bubble! B$ are different!!"
Nick
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Cyberlight
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February 21, 2014, 09:49:52 AM |
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I might be a noob
You've got it wrong, so right... you're a noob. |
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jubalix
Legendary
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Activity: 2618
Merit: 1022
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February 21, 2014, 11:26:57 AM |
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just think, in 2 years btc around 50K each having dropped from 100 K some newb is going to come here with the same graph....
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Ultros
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February 21, 2014, 11:32:12 AM |
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I had to.  |
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jubalix
Legendary
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Activity: 2618
Merit: 1022
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February 21, 2014, 11:35:00 AM |
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I had to. thats actually accurate for a good percentage of BTC'rs and they call it a ponzi scheme, no one ever HODL in a ponzi scheme |
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mccoyspace
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February 21, 2014, 11:50:45 AM |
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Look at the 3day Gox chart at bitcoinwisdom and you see this image. pretty much exactly.
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nick32768 (OP)
Newbie
Offline
Activity: 42
Merit: 0
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February 25, 2014, 04:58:41 AM |
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MtGox dead. Panic selling also outside MtGox.
The Gox default will spread panic for the whole day, taking the price very very low. Maybe 113.70$ or even lower.
Nick.
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