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Author Topic: Enough $460 sideways, time to drop to $3xx  (Read 6981 times)
simon28
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August 23, 2014, 10:35:46 AM
 #41

Some think falllling is a troll but he might be right.

There's something wrong here. Bubbles come when you least expect them. too many people are expecting this bubble, it doesn't work like that.

The market is not clear, if we are in the capitulation phase, despair phase to follow and a lot of people will get burned.

https://i.imgflip.com/bewy4.jpg


Nice chart.

If anyone still don't think we are in bubble territory after seeing this chart.

Read this:
http://en.wikipedia.org/wiki/Tulip_mania

Is this how high you expect the next future bubble to go?

http://s14.postimg.org/iqpl8kvv5/bubble.png
giveBTCpls
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August 23, 2014, 10:48:20 AM
 #42

Yes, yess, feel these whales cheap coins, cmon kids, feed them, feed them until they cannot breathe from soo much cheap coins, make them FAAAT, BTC FAAAT. You are going to cry tears of fire and butthurt in 1 year. Print this thread, mark it with gold, then put fluorescent all over this reply.

maker88
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August 23, 2014, 10:53:09 AM
 #43

Some think falllling is a troll but he might be right.

There's something wrong here. Bubbles come when you least expect them. too many people are expecting this bubble, it doesn't work like that.

The market is not clear, if we are in the capitulation phase, despair phase to follow and a lot of people will get burned.




Nice chart.

If anyone still don't think we are in bubble territory after seeing this chart.

Read this:
http://en.wikipedia.org/wiki/Tulip_mania

so we've got an unidentified part of the dot com bubble chart randomly circled, with an idiot newbie claiming we are here for no reason except that he is fallings gimp, and another idiot claiming tulip manic(you're only the 48 millionth person to try and make that nonexistent connection) meanwhile no one has provided any reason for these things. you guys are about as reliable as miss cleo
dropt
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August 23, 2014, 03:10:19 PM
 #44

Nice chart.

If anyone still don't think we are in bubble territory after seeing this chart.

Read this:
http://en.wikipedia.org/wiki/Tulip_mania

Tulip Mania?  Really?  You absolutely, positively have to be the dumbest M'Fer on this entire board.  In fact, your mere existence here drops the average intelligence quotient by 32 points.  There isn't a scenario imagineable where your views and input could be considered valuable in even the slightest of senses.

Welcome to ignore.
dropt
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August 23, 2014, 03:13:26 PM
 #45


Falllling you idiot, you cropped the wrong part of the graph!  That part shows support for an up trend!
Wilhelm
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August 23, 2014, 03:17:11 PM
 #46

Some think falllling is a troll but he might be right.

There's something wrong here. Bubbles come when you least expect them. too many people are expecting this bubble, it doesn't work like that.

The market is not clear, if we are in the capitulation phase, despair phase to follow and a lot of people will get burned.




Nice chart.

If anyone still don't think we are in bubble territory after seeing this chart.

Read this:
http://en.wikipedia.org/wiki/Tulip_mania

Yes our graph looks exactly like the Tulip Craze (which only lasted 3 years)  Roll Eyes


Bitcoin is like a box of chocolates. You never know what you're gonna get !!
Octavius
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August 23, 2014, 04:03:10 PM
 #47

so we've got an unidentified part of the dot com bubble chart randomly circled, with an idiot newbie claiming we are here for no reason except that he is fallings gimp, and another idiot claiming tulip manic(you're only the 48 millionth person to try and make that nonexistent connection) meanwhile no one has provided any reason for these things. you guys are about as reliable as miss cleo

The true idiot is the one who can't handle discussion and calls someone an idiot simply for disagreeing with him.

You should go to learn what is happening when we are in a truly vertical parabola and a fast sharp surge.

The large 30% move down from the last peak show the start of a bursting bubble.

thefunkybits
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August 23, 2014, 04:14:54 PM
 #48

Nice chart.

If anyone still don't think we are in bubble territory after seeing this chart.

Read this:
http://en.wikipedia.org/wiki/Tulip_mania

Tulip Mania?  Really?  You absolutely, positively have to be the dumbest M'Fer on this entire board.  In fact, your mere existence here drops the average intelligence quotient by 32 points.  There isn't a scenario imagineable where your views and input could be considered valuable in even the slightest of senses.

Welcome to ignore.

My response to this is that, unlike Bitcoin, Tulips had no value and no utility.

Bitcoin obviously offers a hell of alot more than tulips do and it has the hashrate to support a $5xx price point

SMH at these fools
dropt
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August 23, 2014, 04:53:19 PM
 #49

The true idiot is the one who can't handle discussion and calls someone an idiot simply for disagreeing with him.

You should go to learn what is happening when we are in a truly vertical parabola and a fast sharp surge.

The large 30% move down from the last peak show the start of a bursting bubble.



Disagree.  If you want intellectual debate, you need to offer an intelligent view/opinion in the first place.  Posting random charts and saying, "IT'S GOING TO FINAL CAPITULATION, DON'T LOOSE YOUR MONEY" is not a well founded, logical and rational view backed by fact and interpretation of those facts.

There's no question that the 'bubble popped' after the $1xxx heights (as far as btcers define bubbles).  However, this isn't even a bubble, the Tulip Mania was a bubble because it worked itself up, popped, and never returned even a marginal percentage of the value(s) obtained during the/its bubble.  Bitcoin surges up, and then corrects downwards.  The only possible period where BTC saw a 'bubble' was the $3x to $2 crash.  Sitting here and saying we're in a bubble and 'final capitulation' is coming is ignoring all of the facts and trends that BTC has gone through in favour of ignorance and misunderstanding of the real facts.
Octavius
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August 23, 2014, 04:59:39 PM
 #50

My response to this is that, unlike Bitcoin, Tulips had no value and no utility.

They had a value.

By 1636 the tulip bulb became the fourth leading export product of the Netherlands, after gin, herring and cheese. The price of tulips skyrocketed because of speculation in tulip futures among people who never saw the bulbs.

By 2013 the price of bitcoin skyrocketed because of speculation in cryptocurrencies futures among people who never saw the source code?
Octavius
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August 23, 2014, 05:26:50 PM
 #51

Sitting here and saying we're in a bubble and 'final capitulation' is coming is ignoring all of the facts and trends that BTC has gone through in favour of ignorance and misunderstanding of the real facts.

Be honest, are you 100% in bitcoin or 100% in fiat right now?

dropt
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August 23, 2014, 05:37:13 PM
 #52

Be honest, are you 100% in bitcoin or 100% in fiat right now?

http://zachandjody.com/blog/wp-content/uploads/2011/06/15.jpg

Neither.  But it doesn't matter since I have a negative cost basis.  Yes, that's right, It could go to zero and I'd still be in the black.
BitCoinNutJob
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August 23, 2014, 05:37:54 PM
 #53

Some think falllling is a troll but he might be right.

There's something wrong here. Bubbles come when you least expect them. too many people are expecting this bubble, it doesn't work like that.

The market is not clear, if we are in the capitulation phase, despair phase to follow and a lot of people will get burned.




Nice chart.

If anyone still don't think we are in bubble territory after seeing this chart.

Read this:
http://en.wikipedia.org/wiki/Tulip_mania

Is this how high you expect the next future bubble to go?




This chart doesnt even relate to the market movement, at least come with something substantial if you wanna make us believe you.
nuff
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August 23, 2014, 05:41:58 PM
 #54

My response to this is that, unlike Bitcoin, Tulips had no value and no utility.

They had a value.

By 1636 the tulip bulb became the fourth leading export product of the Netherlands, after gin, herring and cheese. The price of tulips skyrocketed because of speculation in tulip futures among people who never saw the bulbs.

By 2013 the price of bitcoin skyrocketed because of speculation in cryptocurrencies futures among people who never saw the source code?

People who equate Bitcoin to tulip, don't know what is Bitcoin and don't know what they are talking about. It's like equating Internet to the dot com bubble. And here we all are, using the interwebs.
romerun
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August 23, 2014, 05:47:16 PM
 #55

600 in 4 days, mark my words here

Quote from: falllling link=topic=751536.msg8497553#msg8497553 date=140 :)8788551
totally, we need to shake weaker hands one more time. Sellers have to stop selling for the new rally to begin.

there is no weak hands, stop lying

dropt
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August 23, 2014, 05:47:47 PM
 #56

People who equate Bitcoin to tulip, don't know what is Bitcoin and don't know what they are talking about. It's like equating Internet to the dot com bubble. And here we all are, using the interwebs.

+1
miaviator
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August 23, 2014, 05:52:10 PM
 #57

600 in 4 days, mark my words here

Marked.


Bogleg
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August 23, 2014, 06:12:05 PM
 #58

600 in 4 days, mark my words here

Marked.

Is there really any consequences of being wrong?
simon28
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August 23, 2014, 06:37:10 PM
 #59



My response to this is that, unlike Bitcoin, Tulips had no value and no utility.


You can plant a tulip bulb, get a flower, and each bulb splits into two bulbs every year. That's some sort of value, even if it's not a huge amount of value.
Mybitcoinz
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August 23, 2014, 06:44:46 PM
 #60

In this moment we have just dropped under the $500 line, it's time for another crash or it will recover?

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