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Topic: 100$ price increases per day are now new normal (Read 690 times)

full member
Activity: 158
Merit: 100
November 18, 2013, 07:47:01 PM
#6
Hey, it made $100 swings in mere minutes a couple of times today, at least on some exchanges...


True, no much needed to crash this bubble. I saw such fast price rise right before crash already, so no surprise for me if it happens soon
sr. member
Activity: 392
Merit: 250
Hey, it made $100 swings in mere minutes a couple of times today, at least on some exchanges...

Sure but what I meant with new normal was that it will increase EVERY DAY with 100$ from now on. And after that with $1000. And after that..
legendary
Activity: 2156
Merit: 1018
Buzz App - Spin wheel, farm rewards
I would have thought I'd be prepared for this last 2 weeks of craziness in the bitcoin world but I'm just not. It's just plain nuts. I still can't parse the prices we are seeing. Every single time I set expectations for Bitcoin, even when I first heard of it a long time back, each time it blows away my expectations.

Even if someone said it'll be like $20,000 a bitcoin someday I can't say any more that that is ridiculous.

I think this also shows how weak and rotten the fiat currency world is, but suppose that's a different discussion...
full member
Activity: 159
Merit: 100
Hey, it made $100 swings in mere minutes a couple of times today, at least on some exchanges...
legendary
Activity: 2576
Merit: 1087
I think you underestimate just how many dollars there are Wink
sr. member
Activity: 392
Merit: 250
I think that soon $1000 increases per day will be normal.

After that we enter into the Bitcoin Singularity.
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