Geez! You know this chart, guys?!

[zimmah]

the time between the 300 and the 1300 is shorter than the time between 1300 and now.

in other words, the long period after the 'death' should already be past us.

[wasamata]

Im going to buy me some tulips,
atleast they smell nice.

[Beliathon]

the time between the 300 and the 1300 is shorter than the time between 1300 and now.

in other words, the long period after the 'death' should already be past us.

Bingo.

I'll add this for some perspective:



All of this has happened before. All of it will happen again. And again. And again until nation-state fiat scrip no longer exists.

[porcupine87]

So, throw away all your knowledge about economics and price theory. Supply and demand? With a stable supply and more people think it is useful, the price will raise? Arrgh. It is only about the past! If people like Bitcoin more and more they have bad luck. Because of TA, patterns in the past and theoretival life cylcles. Sorry, guys!

In my opinion the price is falling recently, because many people thought that in July the price will 5fold. They just believed in a new rally.

Other people just get nervous because Bitcoin is adopting much slowier than expected or hoped. No one is using BTC and this is bad...

[Schickeria]

the time between the 300 and the 1300 is shorter than the time between 1300 and now.

in other words, the long period after the 'death' should already be past us.

Bingo.

I'll add this for some perspective:



All of this has happened before. All of it will happen again. And again. And again until nation-state fiat scrip no longer exists.

Are you going to make competition to "The Anatomy of a Bubble" Chart by posting your chart in a inflationary manner? No matter in which thread I'm reading I find your chart. We all have seen it! It's ok. There were a lot of other people, which had recognized the pattern similarities before. Please stop posting it!

[whap]

Other people just get nervous because Bitcoin is adopting much slowier than expected or hoped. No one is using BTC and this is bad...

I suggest you read this:

http://www.coindesk.com/overstock-reveals-bitcoin-sales-averaging-15000-per-day/

Maybe your assumption is not quite correct.

[dontbugme]

Extrapolations have and will continue to fail to accurately predict what will happen next. Sure you can get something that is "close," but it will never be the same. Irrational markets tend not to follow the exact same thing every time. I'm talkin about it having more gradual run ups one bubble, or hard crashes the next.
They all have the same general characteristics such as peaks, bottoms, bull/bear traps, and stagnant periods.

Always look to the past for information, but never use it as guidance. The conditions that happened in 2012 are much more different than they are in present trading. Sentiment, news, and technicals can all be so much more different.

[porcupine87]

Other people just get nervous because Bitcoin is adopting much slowier than expected or hoped. No one is using BTC and this is bad...

I suggest you read this:

http://www.coindesk.com/overstock-reveals-bitcoin-sales-averaging-15000-per-day/

Maybe your assumption is not quite correct.

hm ok. I don't know one retailer/bar/shop  which I  use and accepts Bitcoin. I don't know one person personally who bought something with Bitcoin. Me, too. Ah oh wait, I bought a book via some middle service from Amazon. I think it cost 2 or 3x more than with Euro.

[CoinDiver]

A more important chart:
http://www.google.com/trends/explore#q=bitcoin&date=1%2F2013%2020m&cmpt=date

[B1tc01n5]

These graphs can be interpreted in so many ways tho

[blumangroup]

Wow, this is actually pretty fascinating. It's really interesting how human mass psychology can be displayed, explained, and manipulated with numbers.

[Hfleer]

I find it funny that people always try to force a "system" or a "scheme" on things. Fact is that things do no repeat itself.

[Dump3er]

DUMPER! Such TA! So accurate! Very Guru!