zimmah
Legendary
Offline
Activity: 1106
Merit: 1005
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August 14, 2014, 03:43:31 PM |
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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.
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wasamata
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August 14, 2014, 04:00:02 PM |
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Im going to buy me some tulips, atleast they smell nice.
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Beliathon
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August 14, 2014, 04:11:13 PM |
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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.
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porcupine87
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August 14, 2014, 04:21:49 PM |
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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...
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"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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Schickeria
Member
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Activity: 84
Merit: 10
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August 14, 2014, 04:29:44 PM |
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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!
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dontbugme
Newbie
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Activity: 28
Merit: 0
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August 14, 2014, 04:37:44 PM |
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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.
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porcupine87
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August 14, 2014, 09:41:20 PM |
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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.
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"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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B1tc01n5
Newbie
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Activity: 28
Merit: 0
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August 14, 2014, 10:57:05 PM |
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These graphs can be interpreted in so many ways tho
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blumangroup
Sr. Member
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Activity: 350
Merit: 250
'Slow and steady wins the race'
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August 15, 2014, 12:56:40 AM |
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Wow, this is actually pretty fascinating. It's really interesting how human mass psychology can be displayed, explained, and manipulated with numbers.
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Hfleer
Sr. Member
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Activity: 448
Merit: 250
Changing avatars is currently not possible.
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August 15, 2014, 01:20:55 AM |
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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.
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Dump3er (OP)
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September 26, 2014, 11:50:26 AM |
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DUMPER! Such TA! So accurate! Very Guru!
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SOMETIMES YOU WIN, SOMETIMES YOU LEARN!
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