Remembering rallies

[wobber]

During those times it was so much fun. I remember the forum frenzy and the thrills everybody got when price was going up insanely. Was pretty counterproductive as I was staring too long at the price and working at least 20% less. But nevertheless, IT WAS FUN. Oh, the good old times.

What kind of memories do you have with the rallies?

[zoinky]

Waking up and checking the price right away during last November was a little surreal each day, had to fall out of bed to make sure I wasn't dreaming.

[BitCoinNutJob]

Both the run to $266 and china bubble were pretty stressful for me, the $266 run i was new to bitcoin and in @ $80.  The china bubble came unexpected wasn't all in on BTC.  Now i mostly buy and hold.

[allintwo]

I wish I was here, but maybe I will take part of the next rally if it will ever come of course.

[thehappybtc]

I remember the 2013 China rally, it was awesome for the people who believed in bitcoins, unluckily I wasn't because I sold all my coins way before it went exponential.

[cypherdoc]

I remember the 2013 China rally, it was awesome for the people who believed in bitcoins, unluckily I wasn't because I sold all my coins way before it went exponential.

this is the problem with those who complain about the deflationary aspects of Bitcoin.  they assume every single soul will hold Bitcoin to the bitter end a hundred years from now.  they fail to understand that the market is made up of different ppl with different assumptions and views on Bitcoin's potential.  almost everyone will sell at different points on the way up encouraging turnover.  only a few of us will make it to the top all the while the bull is trying to buck us off.

[zadiume]

Unfortunately im not that old here to remember big ass rallies, I do remember 700 to 1K

[Chuckee]

All we can do is remember because it will not happen again. Bitcoin speculation hit a frenzy last fall because of China and merchant adoption, but there is no longer any fuel left in the tanks.

[inca]

All we can do is remember because it will not happen again. Bitcoin speculation hit a frenzy last fall because of China and merchant adoption, but there is no longer any fuel left in the tanks.

Try harder you cretin.

[Gronthaing]

All we can do is remember because it will not happen again. Bitcoin speculation hit a frenzy last fall because of China and merchant adoption, but there is no longer any fuel left in the tanks.

Try harder you cretin.

I guess he wants to buy in at a lower price.

I haven't been around long enough to have gone through any rally. I hope I'll have that chance during September/October/November.

[exocytosis]

Bitcoin speculation hit a frenzy last fall because of China and merchant adoption

It was mostly because of Willybot, actually. The other rallies were also caused by Mt.Gox manipulation shenanigans.

With Gox gone, there won't be any more rallies. That's the sad fact that bulltards and cultists will have to come to terms with eventually.

[Chuckee]

Bitcoin speculation hit a frenzy last fall because of China and merchant adoption

It was mostly because of Willybot, actually. The other rallies were also caused by Mt.Gox manipulation shenanigans.

With Gox gone, there won't be any more rallies. That's the sad fact that bulltards and cultists will have to come to terms with eventually.

I'm still on the fence regarding how much effect Willy Bot had on the rally. I think we had a confluence of several issues: China, the US congressional hearings, merchant adoption beginning, and of course MtGox manipulation.

But I'm rolling on the floor laughing at the twits here who accuse me of spreading FUD to "buy in lower". Bitcoin is finished you morons, it's a multi-year bear market from this point on until bitcoin reaches total obscurity once again.

[NapoleonBonaparte]

I remember the 2013 China rally, it was awesome for the people who believed in bitcoins, unluckily I wasn't because I sold all my coins way before it went exponential.

this is the problem with those who complain about the deflationary aspects of Bitcoin.  they assume every single soul will hold Bitcoin to the bitter end a hundred years from now.  they fail to understand that the market is made up of different ppl with different assumptions and views on Bitcoin's potential.  almost everyone will sell at different points on the way up encouraging turnover.  only a few of us will make it to the top all the while the bull is trying to buck us off.

Hard to imagine anyone able to hold onto their coin when the price went up to 1200.

If anyone who hold and didn't sell by then, I can't think of a reason they will ever sell.

[kevin08]

I remember the 2013 China rally, it was awesome for the people who believed in bitcoins, unluckily I wasn't because I sold all my coins way before it went exponential.

I remember that rally too, unluckily I never owned any bitcoins until long afterwards.

[yayayo]

Although I don't own much, it was thrilling to watch. Especially the speed of price increases... a total frenzy! When Bitcoin surpassed the previous high at ~$250 I already thought that's crazy.

We all know what followed...

I'm sure, we'll see more buying frenzy in the future. I'll be here to enjoy large parts of this community turning into maniacs again.

ya.ya.yo!

[Melbustus]

I remember the 2013 China rally, it was awesome for the people who believed in bitcoins, unluckily I wasn't because I sold all my coins way before it went exponential.

this is the problem with those who complain about the deflationary aspects of Bitcoin.  they assume every single soul will hold Bitcoin to the bitter end a hundred years from now.  they fail to understand that the market is made up of different ppl with different assumptions and views on Bitcoin's potential.  almost everyone will sell at different points on the way up encouraging turnover.  only a few of us will make it to the top all the while the bull is trying to buck us off.

Hard to imagine anyone able to hold onto their coin when the price went up to 1200.

If anyone who hold and didn't sell by then, I can't think of a reason they will ever sell.

I don't see why it's hard to imagine. An ability to hold simply stems from a tolerance for risk, plus the realization that the ultimate probability-weighted-avg expected market-cap of bitcoin is significantly higher than the market-cap was at $1200/BTC.

[An amorous cow-herder]

During the the April 13 bubble i was like "Bloody fuck BFL, finally deliver!".
During the November bubble i was like "WTF, i´m actually getting a positive ROI after all?".

[Brewins]

None in fact.

Only started to look at the speculation section with some frequence after the last big rally, when price was going down and down.

Hope I get another rally.

Will be really fun see veryone happy, and fallling without words.

[pikabit]

Its ok to remember rallies, to try to predict future ones and shut up the FUDsters 

[oceans]

I remember it was amazing to see the price and sometimes couldn't even believe it. Don't think it will be something we will see again for a long time yet though if at all which is a shame.