Can we have two bubbles in one year?

windjc

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Quote from: mp420 on October 25, 2013, 01:00:47 PM

Quote from: MAbtc on October 25, 2013, 11:55:01 AM

Quote from: mp420 on October 24, 2013, 05:53:37 AM

This rally might have been the real dead cat bounce. Bitcoin market is growing up and things take more time than they used to.

What are you telling me here? We going sub-50 levels? Huh

Yes. I don't think this is a certainty, but I think it's possible, maybe even likely.

Everyone is always trying to "define" everything.

How about this theory? ---> Bitcoin is simply in a phase where it grew to he 140's, consolidated, sprang to the 220s, and cam back down to the 170s. That's just as or more plausible than a 4 month dead cat bounce.

mp420

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Quote from: MAbtc on October 25, 2013, 11:55:01 AM

Quote from: mp420 on October 24, 2013, 05:53:37 AM

This rally might have been the real dead cat bounce. Bitcoin market is growing up and things take more time than they used to.

What are you telling me here? We going sub-50 levels? Huh

Yes. I don't think this is a certainty, but I think it's possible, maybe even likely.

MAbtc

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Quote from: mp420 on October 24, 2013, 05:53:37 AM

This rally might have been the real dead cat bounce. Bitcoin market is growing up and things take more time than they used to.

What are you telling me here? We going sub-50 levels? Huh

mootinator

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Quote from: mp420 on October 24, 2013, 05:53:37 AM

This rally might have been the real dead cat bounce. Bitcoin market is growing up and things take more time than they used to.

The paradox in that statement hurts my brain.

Johnny Bitcoinseed

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Johnny Bitcoinseed

Just growing pains. Over time the rises and falls will be less dramatic percentage wise. If the trade value falls to $100 and then rises back to $200 you've lost nothing as long as you still have your coins. Look at the longer term picture rather than quick buck speculation and you may be rather pleased at the outlook.

XXthetimeisnowXX

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a wolf in sheeps clothing. suckerfish

we just did Grin

Kaiji

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Hoist the Colours

Quote from: MAbtc on October 23, 2013, 11:44:50 AM

Quote from: Kaiji on October 23, 2013, 08:07:31 AM

Plus all of the weak hands have been scared off the exchanges after the bubble burst in Apr. Now there are a lot of people holding their coins no matter what.

Is there any sort of a basis for the strong hands / weak hands theory? Like, something tangible / observable? So many people state this "fact", but it just seems like a wild assumption to me.

Back in Apr. there were so many people who dumped their coins at the first sign at trouble. As I remember it was Gox being shutdown for a short time which started the mass sell off at the $266 peak. If an exchange went down today I highly doubt it will cause a panic sell. I am just comparing the buyers back then with the buyers today who are of a much different mentality.

mp420

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This rally might have been the real dead cat bounce. Bitcoin market is growing up and things take more time than they used to.

1Pakis

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I agree

rpietila

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Quote from: 1Pakis on October 24, 2013, 04:28:36 AM

50% isn't a crash in bitcoin world. It is high volatility get used to it.

I would use the following:

<20% daily fluctuation
20-35% flashcrash
35-65% middle-of-the-move correction
65%-90% once-per-year event
>90% epic crash

klee

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Quote from: 1Pakis on October 24, 2013, 02:43:42 AM

Quote from: klee on October 23, 2013, 06:02:56 PM

Geia sou patrida Wink

Geia sou kai se esena Wink

To site stin ypografi sou einai diko sou h einai diafimisi?

Diafimisi!

Kane join an 8es to group mou sto FB:
https://www.facebook.com/groups/UbiCrypt

Na ta leme k apo ekei!

1Pakis

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50% isn't a crash in bitcoin world. It is high volatility get used to it.

rpietila

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Quote from: 600watt on October 24, 2013, 02:44:53 AM

shit man, if it continues like this, we will be asking us "can we have two bubbles in one day?" Shocked

Chart showing that in one day bitcoin can crash 50%, rise 100%, crash 50% and again raise 100%, with high volume, in the biggest and best exchnge MtGox.

1Pakis

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This doesn't change fact that you need much more that 200$ to mine 1BTC or 200000$ to mine 1000BTC.

User705

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First 100% Liquid Stablecoin Backed by Gold

Two other possible things to consider. Bitcoin currently is still inflationary since a rather large % of coins keep getting created every day. A large amount of ASIC manufacturers need to convert BTC to fiat and a large number of ASIC buyers need to cash out their losing bets on most recent ASIC buys.

600watt

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shit man, if it continues like this, we will be asking us "can we have two bubbles in one day?" Shocked

1Pakis

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Quote from: klee on October 23, 2013, 06:02:56 PM

Geia sou patrida Wink

Geia sou kai se esena Wink

To site stin ypografi sou einai diko sou h einai diafimisi?

MaTachi

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Hack the planet!

Quote from: MAbtc on October 23, 2013, 11:44:50 AM

Quote from: Kaiji on October 23, 2013, 08:07:31 AM

Plus all of the weak hands have been scared off the exchanges after the bubble burst in Apr. Now there are a lot of people holding their coins no matter what.

Is there any sort of a basis for the strong hands / weak hands theory? Like, something tangible / observable? So many people state this "fact", but it just seems like a wild assumption to me.

He/she is only trying to justify for himself/herself why it possibly can't crash this time and that it's completely different now. Dangerous.

klee

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Quote from: 1Pakis on October 23, 2013, 09:20:52 AM

Will somebody mention the difficulty jump from 7,673,000 in April to 267,731,249 today and above 350,000,000 in 3 days tops?
if the price was above 200$ with ~8mil difficulty where should it be today?

P.S. I'm Greek by the way

Geia sou patrida Wink

Xer0

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°^°

you can even have 3.
or 0.
or 2 in a month... that's Bitcoin Grin

Topic: Can we have two bubbles in one year? (Read 3510 times)