Bitcoin in "Return to Mean" stage of bubble?

[Simran]

Seems like we're at that stage and ready to go into a bubble to repeat the process. Who's ready?

[Rooothlespredators]

can't wait

[TrollinU]

I think it's awesome how this chart is ok when it's followed by "ready to blast off?" but you all cry when someone compares the bubble burst to it
Way to "woman" it up with your double standards, guys!

[dropt]

I think it's awesome how this chart is ok when it's followed by "ready to blast off?" but you all cry when someone compares the bubble burst to it
Way to "woman" it up with your double standards, guys!

Oh, another self-professed troll account?  Thanks for the heads up, I like to put you knobs on ignore asap.

[byronbb]

That god damn chart.

[zimmah]

Seems like we're at that stage and ready to go into a bubble to repeat the process. Who's ready?

I thought we were already at bear trap, but maybe you are right. We could be there as well. Not very clear to see at the moment where we are exactly, but either way we can assume it's

1) not going down from here any serious amounts
2) it's not going to take long for any other cycle to happen.

[oda.krell]

That god damn chart.

This chart... one day it'll break me.

That, and the 'Guys! Why are we going {up, down} by $2? Some news I missed? Guys?!' threads.

[piramida]

That god damn chart.

This chart... one day it'll break me.

That, and the 'Guys! Why are we going {up, down} by $2? Some news I missed? Guys?!' threads.

Topics with the word "stage" anywhere in first post should be moved to a new speculation sub-section, named, I don't know, "Conclusions taken directly from someone's ass".

Seriously now, I am seeing that for 4 years, and topics that start with "I had a dream last night" have much more insight than this stupid shit.

[fonzie]

Simran, do you still hold you LTC stash? IS LTC also in the "return to mean" stage?

[lihuajkl]

The past chart doesn't mean anything for the future.  No one knows what exactly the price wil be in the future.

[Tzupy]

Simran, do you still hold you LTC stash? IS LTC also in the "return to mean" stage?

Litecoin is experiencing capitulation. Much despair to come before it goes up (sustained) again.

[fonzie]

Simran, do you still hold you LTC stash? IS LTC also in the "return to mean" stage?

Litecoin is experiencing capitulation. Much despair to come before it goes up (sustained) again.

I think it´s time to reactivate my BTC-e account "LTCvictim" .
I love to chat during the despair phase!  

[JimboToronto]

That god damn chart.

Posting it should be grounds for banning.

https://www.youtube.com/watch?v=Rr_DTozbH8E

[maker88]

I think it's awesome how this chart is ok when it's followed by "ready to blast off?" but you all cry when someone compares the bubble burst to it
Way to "woman" it up with your double standards, guys!

we didn't cry when it actually represented the bubble burst. people only question it when retards like failling come out and put it up saying we just got to the end of the bubble like last month and now its going to 200. that is an absolutely absurd interpretation, and deserves ridicule. return to mean/ first bear trap makes sense. and lines up.

[zimmah]

The past chart doesn't mean anything for the future.  No one knows what exactly the price wil be in the future.

The old "past results do bit guarantee future result" chant again, and as always misinterpreted.

The whole point of speculating is making an educated guess based on past results. You can't GUARANTEE it will move one way or another, but you can very damn well GUESS it and make a ton of money. You'll guess wrong sometimes, but when your analysis is good you'll make more money than you lose on average.

It's similar to gambling, but it's not nearly as risky as pure gambling when you do it correctly.

Otherwise we might move this entire subtopic to gambling.

[piramida]

It's similar to gambling, but it's not nearly as risky as pure gambling when you do it correctly.

Agree. Doing it correctly meaning when everybody bids on red, you do it too, and that collective action may actually affect the end result. That's all there is to "insightful speculation". If most people would be looking at that chart for wisdom, we might  be actually following it, however nobody ever did, so bitcoin price never did, too.

Everybody who posts this charts seems to have failed math, since they miss the simple fact that 350 > 265 > 100.

[RodeoX]

That god damn chart.

LOL 

Not again.

[thezerg]

you guys are just crying b/c if you'd followed that d*mn chart for that last 3 bubbles you could have more than tripled your BTC holdings, no fancy TA required.  Only risk (and it is a big one) is avoiding failures like Bitcoinica, coinfloor, Gox.  For example, RP "blindly" followed the trendline last time, sold when we were above, bought when we were below and ended up with a dilapidated manor for free.

[oda.krell]

Nah, kinda doubt that.

I think for once, traders and holders are united in their hatred of the idiocy that is posting this chart over and over again.

[JimboToronto]

Nah, kinda doubt that.

I think for once, traders and holders are united in their hatred of the idiocy that is posting this chart over and over again.

+1