A little perspective: $198 to $1139 then and $198 to $1139 now - page 2.

Carlsen

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Quote from: manselr on March 05, 2017, 10:33:14 AM

Quote from: target on March 05, 2017, 12:20:54 AM

Okay so if its going to go that way altcoins will still be the first to rise up too its going to be easy to buy altcoins that are pretty damn good as investment still. XMR is my best option for this. I'd consider ETH but it good to diversify like ICN.

But it still could go up to $1300 just as the speculations of the gurus.

Im not sure if I want to risk my BTC position int some alt pump and dump. We all have seen what happens when alts pump. Look at Dash... they are not sustainable, only BTC can sustain the big volume pumps and keep the price.

ICN is being a disappointment. When I started tracking its price it was 421 sats, now its 263, and 421 was supposed to be the bottom.

I would not risk my bitcoins either.
Of course money can be made with altcoins... but somebody loses that money as well.
And I do not want it to be me!
Every altcoin that went up came down again at some point.
I keep my bitcoins, the conditions for a long way up are here.

manselr

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Quote from: target on March 05, 2017, 12:20:54 AM

Okay so if its going to go that way altcoins will still be the first to rise up too its going to be easy to buy altcoins that are pretty damn good as investment still. XMR is my best option for this. I'd consider ETH but it good to diversify like ICN.

But it still could go up to $1300 just as the speculations of the gurus.

Im not sure if I want to risk my BTC position int some alt pump and dump. We all have seen what happens when alts pump. Look at Dash... they are not sustainable, only BTC can sustain the big volume pumps and keep the price.

ICN is being a disappointment. When I started tracking its price it was 421 sats, now its 263, and 421 was supposed to be the bottom.

Amph

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well not really hard to draw what is coming, in 2013 for example the increase was very high and fast, in two week the value went to 12x, this is nothing like that, therefore no comparable make sense

thi is a steady increase, very solid, yes there are always price corrections, don't expected the value to rise without a little dump here and there, but don't expect either that there will be a dump to $700 again...

dimonchik13

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Quote from: Xester on March 05, 2017, 02:04:05 AM

Quote from: manselr on March 04, 2017, 07:18:38 PM

Bitstamp prices, same zoom setting, same 3-day increases candle, the result:

As you can see, this is natural sustainable growth, we are not in bubble territory. If we started a 2013 type of uprise, the price would be at $10000+ with that steep angle, which means, anything is possible and we have not started the FOMO yet.

There are no more bubbles because there are no more fake volumes and market manipulation that comes from the Chinese Exchanges. After PBOC inspection of those exchanges the problem was settled and everything was back to normal thus the CHinese Exchange can no longer create bubbles that will really affect us. This time the price increase was not manipulated and therefore no more bubbles.

And who can guarantee that most of the manipulation of the market will not? If the team has tried thus raise their income from the difference, which they themselves created, they will repeat it constantly.

Xester

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Quote from: manselr on March 04, 2017, 07:18:38 PM

Bitstamp prices, same zoom setting, same 3-day increases candle, the result:

As you can see, this is natural sustainable growth, we are not in bubble territory. If we started a 2013 type of uprise, the price would be at $10000+ with that steep angle, which means, anything is possible and we have not started the FOMO yet.

There are no more bubbles because there are no more fake volumes and market manipulation that comes from the Chinese Exchanges. After PBOC inspection of those exchanges the problem was settled and everything was back to normal thus the CHinese Exchange can no longer create bubbles that will really affect us. This time the price increase was not manipulated and therefore no more bubbles.

pooya87

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the "bubble drama" was mostly when price went to $1180 the first time, now it has faded away ever since price went higher and showed some real buy support which was also strong enough to keep it up there.

although i should add the current $1250 (and yesterday's $1290) looks to me like a bubble but not a bubble starting from prices that people keep repeating such as $800-$900 but a small bubble starting from $1050ish and in case it bursts it will go down to $1100 and minimum $1000

panju1

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We may be in a minor bubble because of the ETF hype, but I only see the price dropping by a couple of dollars if the ETF gets rejected.
We are not going to see the crash of 2013 again.

X-ray

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Bitcoin just a little bubble right now, i was assuming if the price of bitcoin will never below $1000 again. But i was comparing the second chart and the current chart and it seems like bitcoin is more stronger right now.
More support on bitcoin with the PBOC audit to prevent the chinese manipulation.

davis196

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Pretty nice info,but now many people were using bitcoin back in 2013 and how many people use bitcoin now?
This explains why the growth is more sustainable now.
Back in 2013,the bitcoin market was small,some big players started buying big amounts and the price skyrocket.
Now,the btc market is bigger,there are more bitcoin holders than before, so the growth is more stable.

Sunmax

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The current price is not a bubble for bitcoin.

target

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Okay so if its going to go that way altcoins will still be the first to rise up too its going to be easy to buy altcoins that are pretty damn good as investment still. XMR is my best option for this. I'd consider ETH but it good to diversify like ICN.

But it still could go up to $1300 just as the speculations of the gurus.

The Sceptical Chymist

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So you say, but I'm feeling a little bit of FOMO right now, mainly because I'm flat broke and couldn't buy any bitcoin now if I wanted to. Seems I'm always missing the boat on this.

I see your point about not being in a bubble, but it does feel like 2013 to me. We've been rising pretty damn fast, and I'm anticipating a correction sooner rather than later. This is bitcoin, where we can be up or down $250 in a matter of hours. Fasten your safety belts, that's my recommendation.

manselr

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Bitstamp prices, same zoom setting, same 3-day increases candle, the result:

As you can see, this is natural sustainable growth, we are not in bubble territory. If we started a 2013 type of uprise, the price would be at $10000+ with that steep angle, which means, anything is possible and we have not started the FOMO yet.

Topic: A little perspective: $198 to $1139 then and $198 to $1139 now - page 2. (Read 1524 times)