Gabi
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Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
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February 19, 2013, 11:16:44 PM |
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I remember the 2011 bubble. Everyone and his dog were saying "no it is not a bubble, the revolution just started blabla, media blabla" and so on.
Now, maybe this is not a bubble, i have no idea. But the fact that everyone are saying again the same things... uh well is a bit worrying.
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adamstgBit (OP)
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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February 19, 2013, 11:36:20 PM |
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this time its different, this time its a bubble! oh wait nvm its the same..  |
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humanitee
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February 19, 2013, 11:36:49 PM |
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Fast, Secure, and Fully
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solex
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Activity: 1078
Merit: 1002
100 satoshis -> ISO code
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February 19, 2013, 11:39:39 PM |
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The wall at $30 is eroding like the wall at $20 did.
Was 13k a few hours ago, now 11k
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waspoza
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February 19, 2013, 11:40:49 PM |
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this time its different, this time its a bubble! oh wait nvm its the same.. Last time price went from $24 to $32 in 4 hours. So this time IS different. |
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adamstgBit (OP)
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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February 19, 2013, 11:43:45 PM |
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solex
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Activity: 1078
Merit: 1002
100 satoshis -> ISO code
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February 19, 2013, 11:46:08 PM |
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this time its different, this time its a bubble! oh wait nvm its the same.. Last time price went from $24 to $32 in 4 hours. So this time IS different. That's what I am looking for to call a top to this bull-run. Which is why $27.50 was a road-bump, not the top. It really does look like a spike into the mid-30s would occur, at least, before a medium-turn downtrend happens. |
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adamstgBit (OP)
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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February 19, 2013, 11:48:14 PM |
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this time its different, this time its a bubble! oh wait nvm its the same.. Last time price went from $24 to $32 in 4 hours. So this time IS different. That's what I am looking for to call a top to this bull-run. Which is why $27.50 was a road-bump, not the top. It really does look like a spike into the mid-30s would occur, at least, before a medium-turn downtrend happens.that's the thing everyone seems to say, it will go UP UP UP and THEN go back to a reasonable level. its a bubble GTFO b4 its to late! |
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cypherdoc
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Activity: 1764
Merit: 1002
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February 19, 2013, 11:54:35 PM |
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this time its different, this time its a bubble! oh wait nvm its the same.. Last time price went from $24 to $32 in 4 hours. So this time IS different. That's what I am looking for to call a top to this bull-run. Which is why $27.50 was a road-bump, not the top. It really does look like a spike into the mid-30s would occur, at least, before a medium-turn downtrend happens.that's the thing everyone seems to say, it will go UP UP UP and THEN go back to a reasonable level. its a bubble GTFO b4 its to late! Adam; priced out forever!  |
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humanitee
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February 19, 2013, 11:55:36 PM |
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this time its different, this time its a bubble! oh wait nvm its the same.. Last time price went from $24 to $32 in 4 hours. So this time IS different. I love you because you understand. THEN: Fast, from less than $5 to the all time high in a month. Whimsical, silly times.  NOW: Slow (comparatively), from around $10 to the current price in 4 months. Solid, like my dick. Green metropolis w/ consistently higher volume.  |
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Fast, Secure, and Fully
Decentralized Trading | BACKED BY:
─────────────────────────
| BINANCE
─────── LAB | & | █████████████████████████████████ █ ███
█▀ ▀█ ███▀▀▀▀▀████████ ████▀▀███▀ █
█ █████ ▄▄▄▄▄ █ ▀ █ ███ █ ██
█▄ ▀█ ██ █ ▄███ ██████ ███
█████ █ ██ ███ █ ████ ████ ▄ ███
█▄ ▄█▄ ▄█▄ ▀ ████▄ ▄█ ██ ██
████████████████████████████████████████ |
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Technomage
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Activity: 2184
Merit: 1056
Affordable Physical Bitcoins - Denarium.com
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February 20, 2013, 12:05:03 AM |
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Don't underestimate the potential news coverage resulting from breaking the all time high. It can be wide reaching. That is speculation though, we will see after we actually break the all time high.
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Denarium closing sale discounts now up to 43%! Check out our products from here! |
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420
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February 20, 2013, 01:19:43 AM |
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REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE-CAP Last price:$29.99775 High:$29.65000 Low:$27.00614 Volume:91998 BTC Weighted Avg:$28.31109 I think I helped cause that video |
Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS
the hacks, the hacks, secure your bits!
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adamstgBit (OP)
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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February 20, 2013, 01:21:14 AM |
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i like this guy no BS. hes trying to find out how to short all the bitcoins  |
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oakpacific
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February 20, 2013, 01:35:49 AM |
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How many of you bears have seen a bubble? I mean a real, soap bubble? A real bubble is not going to let out some air then re-expand before it bursts OK? The price has been moving up at a way lower speed in comparison to the June 2011 bubble, with quite a few dips here and there, it looks much more solider. You can't just randomly draw a line and say the price will stop here, with some circumstantial evidences, most of which applies to when it was at $15, $20, $25 And no, I am not saying a bubble will not form and will not crash some time later.
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adamstgBit (OP)
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Activity: 1904
Merit: 1037
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February 20, 2013, 01:40:23 AM |
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How many of you bears have seen a bubble? I mean a real, soap bubble? A real bubble is not going to let out some air then re-expand before it bursts OK? The price has been moving up at a way lower speed in comparison to the June 2011 bubble, with quite a few dips here and there, it looks much more solider. You can't just randomly draw a line and say the price will stop here, with some circumstantial evidences, most of which applies to when it was at $15, $20, $25 And no, I am not saying a bubble will not form and will not crash some time later.
believe wtv you want and let the market forces move the market.  |
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oakpacific
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February 20, 2013, 01:47:45 AM
Last edit: February 20, 2013, 04:51:16 AM by oakpacific |
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How many of you bears have seen a bubble? I mean a real, soap bubble? A real bubble is not going to let out some air then re-expand before it bursts OK? The price has been moving up at a way lower speed in comparison to the June 2011 bubble, with quite a few dips here and there, it looks much more solider. You can't just randomly draw a line and say the price will stop here, with some circumstantial evidences, most of which applies to when it was at $15, $20, $25 And no, I am not saying a bubble will not form and will not crash some time later.
believe wtv you want and let the market forces move the market. Keep on saying things like" earth revolves around the sun" will not make you look smarter. |
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Fuzzy
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February 20, 2013, 04:48:37 AM |
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Keep on saying things like" earth revolves around the sun" will not make you look convincing.
I don't know, it sounds about right to me  |
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oakpacific
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February 20, 2013, 04:50:00 AM |
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Keep on saying things like" earth revolves around the sun" will not make you look convincing.
I don't know, it sounds about right to me Sorry I fixed it, I meant keep on saying things everybody already knows.  |
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oakpacific
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February 20, 2013, 06:19:33 AM |
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this time its different, this time its a bubble! oh wait nvm its the same.. Last time price went from $24 to $32 in 4 hours. So this time IS different. I love you because you understand. THEN: Fast, from less than $5 to the all time high in a month. Whimsical, silly times. NOW: Slow (comparatively), from around $10 to the current price in 4 months. Solid, like my dick. Green metropolis w/ consistently higher volume. There is a TA metric to watch for that, called the "Ease of Movement", which is roughly defined as the price change divided by volume. If you look at this chart http://bitcoincharts.com/charts/mtgoxUSD#igDailyztgSzm1g10zm2g25zxzi1gEMVzv, you will see that what goes up too fast, must comes down similarly fast, but if it doesn't go up too fast, then the dip is unlikely to be too rapid. There are also some bears, like Proudhon, preaching the theory that a few people controlling large amount of bitcoins which they bought at very low prices are going to cash out at anytime, in that case I would say let the dump come then, for the general safety of the system, the bitcoins must be distributed as even as possible, so the sooner the dump, the better. |
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