This Bear Era

DanielT (OP)

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This Bear Era

January 14, 2015, 04:53:29 PM

#1

In the 2011 and the 2013 bubble, bitcoin reached the bottom in three months, and now it has been 13 months since December 2013, and I don't think we've seen the lowest yet.

When will the bear era end?

altcoin hitler

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Re: This Bear Era

January 14, 2015, 04:55:24 PM

#2

Quote from: DanielT on January 14, 2015, 04:53:29 PM

In the 2011 and the 2013 bubble, bitcoin reached the bottom in three months, and now it has been 13 months since December 2013, and I don't think we've seen the lowest yet.

When will the bear era end?

the bear era ends with the fail of bitcoin and its replacement with another less inflationary/scarce coin

King of the real Bitcoin Foundation https://bitcointalk.org/index.php?topic=934517.0

Ultros

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Re: This Bear Era

January 14, 2015, 04:56:47 PM

#3

"altcoin hitler". Undecided

altcoin hitler

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Re: This Bear Era

January 14, 2015, 04:57:57 PM

#4

Quote from: Ultros on January 14, 2015, 04:56:47 PM

"altcoin hitler". Undecided

Its a funny name. Don't shit your pants.

King of the real Bitcoin Foundation https://bitcointalk.org/index.php?topic=934517.0

spazzdla

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Re: This Bear Era

January 14, 2015, 05:01:53 PM

#5

Quote from: DanielT on January 14, 2015, 04:53:29 PM

In the 2011 and the 2013 bubble, bitcoin reached the bottom in three months, and now it has been 13 months since December 2013, and I don't think we've seen the lowest yet.

When will the bear era end?

Around $65 USD.

Melbustus

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Re: This Bear Era

January 14, 2015, 05:03:21 PM

#6

Quote from: DanielT on January 14, 2015, 04:53:29 PM

In the 2011 and the 2013 bubble, bitcoin reached the bottom in three months...

Not quite. The $31.91 2011 high was June 8th 2011. The $1.98 low was November 19th 2011. That's well over 5 months. Furthermore, it took about 20 months after the 2011 rout to regain $30.

But yes, with more money and more participants in the ecosystem, the cycles should take longer; however, please get your facts straight. It's not that hard to look at a price chart before posting.

Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.

DanielT (OP)

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Re: This Bear Era

January 14, 2015, 05:13:55 PM

#7

Quote from: Melbustus on January 14, 2015, 05:03:21 PM

Quote from: DanielT on January 14, 2015, 04:53:29 PM

In the 2011 and the 2013 bubble, bitcoin reached the bottom in three months...

Not quite. The $31.91 2011 high was June 8th 2011. The $1.98 low was November 19th 2011. That's well over 5 months. Furthermore, it took about 20 months after the 2011 rout to regain $30.

But yes, with more money and more participants in the ecosystem, the cycles should take longer; however, please get your facts straight. It's not that hard to look at a price chart before posting.

I used a larger time scale. I don't know about $1.98, but i saw $2.13 at October 2011. That is four months.

blade87

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Re: This Bear Era

January 14, 2015, 05:20:39 PM

#8

Quote from: altcoin hitler on January 14, 2015, 04:55:24 PM

the bear era ends with the fail of bitcoin and its replacement with another less inflationary/scarce coin

I'm not sure many will get involved with any other ponzi coin if Bitcoin fails. But good luck with your no volume and no liquidity alts.