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Topic: [11/27/2013] - What goes up must come down - NYTimes (Read 1448 times)

bryant.coleman
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[11/27/2013] - What goes up must come down - NYTimes
December 09, 2013, 03:19:37 AM
#20
Quote from: PenAndPaper on December 08, 2013, 01:00:17 PM
Is there anyone at all that predicted that bitcoin will rise for 15$ to 1000$ ? And kids starting "bitcoin will be 1000000000000000000000$ in 2 hours"
threads don't count  Roll Eyes

Well... I could find only one link. But I am sure that there are plenty more.
PenAndPaper
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Re: [11/27/2013] - What goes up must come down - NYTimes
December 08, 2013, 01:00:17 PM
#19
Quote from: bryant.coleman on December 08, 2013, 11:42:59 AM
Quote from: PenAndPaper on December 07, 2013, 01:23:48 PM
It seems that you predicted it for them and guess what. You are wrong. Nytimes prediction are ridiculous but the same applies to every bullish prediction here as well during the last 2 days.

I don't want to blame the NY Times. But did they predicted that BTC will rise from $15 to $1,000 early this year? My problem is that 99% of the predictions by the so called media experts are bearish in nature. All they want is to scare people away from BTC.

Is there anyone at all that predicted that bitcoin will rise for 15$ to 1000$ ? And kids starting "bitcoin will be 1000000000000000000000$ in 2 hours"
threads don't count  Roll Eyes
bryant.coleman
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Re: [11/27/2013] - What goes up must come down - NYTimes
December 08, 2013, 11:42:59 AM
#18
Quote from: PenAndPaper on December 07, 2013, 01:23:48 PM
It seems that you predicted it for them and guess what. You are wrong. Nytimes prediction are ridiculous but the same applies to every bullish prediction here as well during the last 2 days.

I don't want to blame the NY Times. But did they predicted that BTC will rise from $15 to $1,000 early this year? My problem is that 99% of the predictions by the so called media experts are bearish in nature. All they want is to scare people away from BTC.
PenAndPaper
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Activity: 252
Merit: 250
Re: [11/27/2013] - What goes up must come down - NYTimes
December 07, 2013, 01:23:48 PM
#17
Quote from: bryant.coleman on December 07, 2013, 08:06:13 AM
Quote from: PenAndPaper on December 06, 2013, 11:09:18 PM
I guess folks over at nyt are celebrating right now for their precise predictions  Tongue Tongue

What they'll do when Mt Gox break the $1,000 mark again in a few hours? Did they predicted that the crash will only last a few hours?

It seems that you predicted it for them and guess what. You are wrong. Nytimes prediction are ridiculous but the same applies to every bullish prediction here as well during the last 2 days.
LiteCoinGuy
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In Satoshi I Trust
Re: [11/27/2013] - What goes up must come down - NYTimes
December 07, 2013, 10:06:54 AM
#16
when the price is high - headline.
when the price "crashes" - headline.

in the past and in the future.
bryant.coleman
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Re: [11/27/2013] - What goes up must come down - NYTimes
December 07, 2013, 08:06:13 AM
#15
Quote from: PenAndPaper on December 06, 2013, 11:09:18 PM
I guess folks over at nyt are celebrating right now for their precise predictions  Tongue Tongue

What they'll do when Mt Gox break the $1,000 mark again in a few hours? Did they predicted that the crash will only last a few hours?
PenAndPaper
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Re: [11/27/2013] - What goes up must come down - NYTimes
December 06, 2013, 11:09:18 PM
#14
I guess folks over at nyt are celebrating right now for their precise predictions  Tongue Tongue
BitcoinWalker
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Re: [11/27/2013] - What goes up must come down - NYTimes
December 06, 2013, 09:10:39 PM
#13
It looks like the market is supporting the analysis of NYTimes.
kjlimo
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Re: [11/27/2013] - What goes up must come down - NYTimes
December 05, 2013, 12:50:41 AM
#12
so does what go down must come up?
BitcoinWalker
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Re: [11/27/2013] - What goes up must come down - NYTimes
December 05, 2013, 12:18:58 AM
#11
The logic of the article is simple: when you are running up a little too fast, you will be very likely to fall hard. We'll see if this 'lemma' can apply to BTC.
bryant.coleman
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Re: [11/27/2013] - What goes up must come down - NYTimes
December 04, 2013, 10:41:38 PM
#10
Hmm... I don't agree. I think the price will increase further in the coming weeks.

The reason is:

Most of the early bitcoiners have made their share of "profit booking" at $1,000 levels. I don't think that unless the BTC goes above $2.5K we will see any significant selling from this segment.

On the other hand, although the initial enthusiasm from China has waned a bit, I don't think that the demand has dipped significantly.
Tirapon
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Re: [11/27/2013] - What goes up must come down - NYTimes
December 04, 2013, 08:25:43 PM
#9
What goes up must come down - unless its going to da moooooon!!
Junko
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Re: [11/27/2013] - What goes up must come down - NYTimes
December 04, 2013, 08:17:56 PM
#8
With Bitcoin, it's more like, "What goes down must come up."
BitChick
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Re: [11/27/2013] - What goes up must come down - NYTimes
December 04, 2013, 07:32:01 PM
#7
The so called "bubbles" seem to be getting smaller.  Grin

If the price goes down then goes up higher later is that really a true bubble?  I thought real bubbles pop only to never grow again?  We have never really had a bubble that popped completely.
LiteCoinGuy
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In Satoshi I Trust
Re: [11/27/2013] - What goes up must come down - NYTimes
December 04, 2013, 05:36:13 PM
#6
there were already "bubbles" and there will be. dont worry.
Gabi
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Re: [11/27/2013] - What goes up must come down - NYTimes
December 04, 2013, 05:09:12 PM
#5
I disagree

Quote
“What goes up … better doggone well stay up!”

—Morgan Gravitonics,
Company Slogan
Lethn
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Re: [11/27/2013] - What goes up must come down - NYTimes
December 04, 2013, 04:51:09 PM
#4
When will people get it? The only thing that's in a bubble is paper money.
cr1776
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Re: [11/27/2013] - What goes up must come down - NYTimes
December 04, 2013, 04:13:40 PM
#3
They are right if it is the Time's circulation numbers and influence.


Quote from: BitcoinWalker on December 04, 2013, 03:29:38 PM
http://www.nytimes.com/2013/11/27/opinion/much-ado-about-bitcoin.html?smid=tw-share&_r=3&

And this is what Yahoo! News said: "Booting Up: The Bitcoin Crash ‘Is Going to Be Great’"
http://news.yahoo.com/booting-bitcoin-crash-going-great-132103268.html

Have fun!
PenAndPaper
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Activity: 252
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Re: [11/27/2013] - What goes up must come down - NYTimes
December 04, 2013, 03:36:37 PM
#2
I can read posts in this forum that can support the bubble argument 10 times better.
Also it's natural for that guy to think hope that way because he was writing for bitcoin since the price was 10$ and he didn't bought any  Tongue Tongue
BitcoinWalker
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Re: [11/27/2013] - What goes up must come down - NYTimes
December 04, 2013, 03:29:38 PM
#1
http://www.nytimes.com/2013/11/27/opinion/much-ado-about-bitcoin.html?smid=tw-share&_r=3&

And this is what Yahoo! News said: "Booting Up: The Bitcoin Crash ‘Is Going to Be Great’"
http://news.yahoo.com/booting-bitcoin-crash-going-great-132103268.html

Have fun!
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