resya
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November 05, 2014, 12:16:22 PM |
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If BTC is doing well, why would anyone panic Well, BTC is like a great ship, there's nothing wrong with the ship but passengers screaming and running off the ship. You stop and ask the passengers why, they answer "I dunno, cuz everyone else is." I love the ship of bitcoin. It is beautiful and I love the concept. I am being real now. I am protecting my assets that I have left and I would recommend you all do the same.
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nowfel
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Activity: 48
Merit: 0
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December 18, 2014, 06:46:20 AM |
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we just bought a ticket of moon we need to prepare first to sit in the vehicles of moon be patients guys we will up before april...
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AweSomeNes
Newbie
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Activity: 28
Merit: 0
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December 18, 2014, 06:53:57 AM |
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My theory:
Microsoft want to take over all bitcoins and doing something that the price is going down now but within a month btc will 1000$+ again believe me i dreamed about it today!
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DonYo
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December 18, 2014, 07:03:46 AM |
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10k by next week, when the ETF launches. 100k by Christmas.
can't stop laughing at that GIF... does that make me a bad person? Better with music https://www.youtube.com/watch?v=Awf45u6zrP0
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██████████ ██████████████████ ██████████████████████ ██████████████████████████ ████████████████████████████ ██████████████████████████████ ████████████████████████████████ ████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ████████████████████████████████ ██████████████ ██████████████ ████████████████████████████ ██████████████████████████ ██████████████████████ ██████████████████ ██████████ Monero
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| "The difference between bad and well-developed digital cash will determine whether we have a dictatorship or a real democracy." David Chaum 1996 "Fungibility provides privacy as a side effect." Adam Back 2014
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mmortal03
Legendary
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Activity: 1762
Merit: 1011
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December 18, 2014, 07:04:46 AM |
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10k by next week, when the ETF launches. 100k by Christmas.
can't stop laughing at that GIF... does that make me a bad person? Yes, poor kitty It's okay, he still had all nine lives when that was filmed.
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nauane
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December 18, 2014, 11:58:26 AM |
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I love the ship of bitcoin. It is beautiful and I love the concept. I am being real now. I am protecting my assets that I have left and I would recommend you all do the same.
So you're right. I do the same
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mindrust
Legendary
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Activity: 3402
Merit: 2516
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December 18, 2014, 12:00:47 PM |
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there is nothing bad about panicking.
panic raises adrenaline levels of the human body.
adrenaline keeps you alive.
panic is good. panic keeps you alive.
don't believe ppl say "don't panic"
panic!!
panic!!
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franckuestein
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Activity: 1960
Merit: 1130
Truth will out!
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December 18, 2014, 12:03:42 PM |
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For some people, bitcoin is not just a decentralized project, they've invested money and we know what people think about money… they don't want to lose anything, lol. Anyway as you've said (OP) people tend to dramatize everything. It's obvious that BTC price is falling, but once people understand the real potential of what they have on their hands, bitcoin is going to continue rising. Let's see what happens that 2015-16
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jaredboice
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December 18, 2014, 02:53:00 PM |
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Troll Spotter: mindtrust is a serial troll. I've seen him in multiple threads spewing his FUD. just add to ignore list
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NotLambchop
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December 18, 2014, 02:56:00 PM |
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Don't be sad, bagholders. What's important is that you've tried! 10k by next week, when the ETF launches. 100k by Christmas.
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jaredboice
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December 18, 2014, 03:19:53 PM |
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^NotLampchop also a troll
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ajw7989
Legendary
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Activity: 924
Merit: 1000
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December 18, 2014, 03:21:08 PM |
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Of course btc will shoot up if it becomes an ETF the real challenge is IF it becomes an ETF. 10k might be a little crazy but 1k is more realistic within the first year of becoming an ETF if it makes it
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NotLambchop
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December 18, 2014, 03:31:50 PM |
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Of course btc will shoot up if it becomes an ETF the real challenge is IF it becomes an ETF. 10k might be a little crazy but 1k is more realistic within the first year of becoming an ETF if it makes it
Let your dreams comfort you as your slick BTCeanie BTCabies Bitcoin investment tanks.
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mindrust
Legendary
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Activity: 3402
Merit: 2516
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December 18, 2014, 04:41:11 PM |
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Troll Spotter: mindtrust is a serial troll. I've seen him in multiple threads spewing his FUD. just add to ignore list
This is a speculation thread. Do you know what means "SPECULATION" ?
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erre
Legendary
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Activity: 1666
Merit: 1205
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December 18, 2014, 04:51:27 PM |
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10k by next week, when the ETF launches. 100k by Christmas.
can't stop laughing at that GIF... does that make me a bad person? Yes, poor kitty It's okay, he still had all nine lives when that was filmed. He didn't die, there are some photos of him on the Internet. He is just a little bit pissed off for being linked in a public forum. And no, he did not buy bitcoins: http://m.quickmeme.com/img/32/328102029f7e4c98787343d58820601e0d24fb333207a7da24d3401fd2535ee6.jpg
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1Referee
Legendary
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Activity: 2170
Merit: 1427
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December 19, 2014, 01:38:34 AM |
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Only noobs panic.
People with at least some level of trading experience are having a good time now.
It might be the last chance to buy at these levels, don't miss it.
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rogerdonkey
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December 19, 2014, 04:59:45 AM |
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Only noobs panic.
People with at least some level of trading experience are having a good time now.
It might be the last chance to buy at these levels, don't miss it.
agree dont panic, its time to buy it now...
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lyth0s
Legendary
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Activity: 1260
Merit: 1000
World Class Cryptonaire
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December 19, 2014, 07:13:12 AM |
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It did quite a bit more than just go from 15 to 1200 and back to the current 330's.
I've posted a similar thing a few times before, but I'll try to be a bit more concise here.
A look at bubble peak / correction bottom magnitudes in BTC. Numbers rough estimates:
2011: peak in the 30's, post-peak bottom: 6.25% of peak price. 2013: peak at 266, post-peak bottom: 15% of peak price. 2013-2014: peak at 1166. post-peak bottom: TBD
If the crash is as severe as in 2011, the bottom would be about 73 USD/BTC. If the crash is as severe as in 2013, bubble 1, that would put the bottom at 175 USD.
If you assume bubble volatility is decreasing, you can do some horrible overinterpretation of the two datapoints we have.
Assuming a linear decrease in volatility, comparing the known peak-to-bottom ratios, you would expect a bottom at 23.75% of peak. That's 277 USD.
Assuming the ratio itself changes as much this time as it did pefore, you'd expect a bottom at 36%, 420 USD. That expectation obviously has been invalidated.
Note: These are not predictions. Maybe interesting for post fact evaluation of overall market changes.
Thank you for your analysis. It'll be interesting if the low is truly in the high 200's.
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Melbustus
Legendary
Offline
Activity: 1722
Merit: 1004
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December 19, 2014, 08:11:18 AM |
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It did quite a bit more than just go from 15 to 1200 and back to the current 330's.
I've posted a similar thing a few times before, but I'll try to be a bit more concise here.
A look at bubble peak / correction bottom magnitudes in BTC. Numbers rough estimates:
2011: peak in the 30's, post-peak bottom: 6.25% of peak price. 2013: peak at 266, post-peak bottom: 15% of peak price. 2013-2014: peak at 1166. post-peak bottom: TBD
If the crash is as severe as in 2011, the bottom would be about 73 USD/BTC. If the crash is as severe as in 2013, bubble 1, that would put the bottom at 175 USD.
If you assume bubble volatility is decreasing, you can do some horrible overinterpretation of the two datapoints we have.
Assuming a linear decrease in volatility, comparing the known peak-to-bottom ratios, you would expect a bottom at 23.75% of peak. That's 277 USD.
Assuming the ratio itself changes as much this time as it did pefore, you'd expect a bottom at 36%, 420 USD. That expectation obviously has been invalidated.
Note: These are not predictions. Maybe interesting for post fact evaluation of overall market changes.
I don't think the 2013 spring peak-to-trough number is correct. Specifically, it looks like you're using $40 as the post-$266 low, but IIRC, it never broke below $50.00.
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Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
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WhatsBitcoin
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December 19, 2014, 08:15:10 AM |
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Down, down, down. Thats all I ever see nowadays when I go to bitstamp.net.
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Get sick. Get well.
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