It's not even a bubble yet, too early. At least wait for it to go parabolic
it did.Nope, it went parabolic as of today, you are way too early, you need to re-examine your definition of going parabolic
Topic: Hardly any 'bubble' talk this time (Read 5010 times)
Nope, it went parabolic as of today, you are way too early, you need to re-examine your definition of going parabolic
Looks like head and shoulders with trend reversal.... Time will tell...
For all the people that we're saying "this is different now": - THE BUBBLE POPPED! What other proof do you need?
uhhh the BUBBLE popped ? last week btc was 100 €. today it is 150 €. what an epic, catastrophic, brutal, mindblowing bubble that was. please every week.
lol
"bu..bu.. but... we're back to where we were... yesterday!"
+1
so funny, thats why i love this forum, you dont even need a single BTC to have fun.... just read this!
Some bubble.
Bubble preachers, Go back to your reality TV shows, and take your nonsense drama with you.
For all the people that we're saying "this is different now": - THE BUBBLE POPPED! What other proof do you need?
uhhh the BUBBLE popped ? last week btc was 100 €. today it is 150 €. what an epic, catastrophic, brutal, mindblowing bubble that was. please every week.
lol
"bu..bu.. but... we're back to where we were... yesterday!"
+1
so funny, thats why i love this forum, you dont even need a single BTC to have fun.... just read this!
For all the people that we're saying "this is different now": - THE BUBBLE POPPED! What other proof do you need?
uhhh the BUBBLE popped ? last week btc was 100 €. today it is 150 €. what an epic, catastrophic, brutal, mindblowing bubble that was. please every week.
lol
"bu..bu.. but... we're back to where we were... yesterday!"
For all the people that we're saying "this is different now": - THE BUBBLE POPPED! What other proof do you need?
uhhh the BUBBLE popped ? last week btc was 100 €. today it is 150 €. what an epic, catastrophic, brutal, mindblowing bubble that was. please every week.
When upward movement continues on for days and days with nonstop buying, no capitulation, and no bid support, it becomes a "bubble". Then when someone sells into that scenario and causes a large correction, the bubble is popped. On the other hand, a downward move that happened into a large bid depth after a long consolidation period would not be popping a bubble.
For all the people that we're saying "this is different now": - THE BUBBLE POPPED! What other proof do you need?
Why is every downward movement a "popped bubble"?
Guess my semantics are quite different compared to yours.
For all the people that we're saying "this is different now": - THE BUBBLE POPPED! What other proof do you need?
dat profit taking
I do say we're in bubble. But nobody seems to listen or care. Too much frenzy here.
Yes, we might go up to 300 but only to pop much lower.
Yes, we might go up to 300 but only to pop much lower.
I believe most here realize it is bubble. All you need is look how fast the price is rising last days, you dont need to know anything else.
Yeah, history is repeating itself once again. It feels like April allover again. The possibilities to spend bitcoins obviously aren't increasing with the same speed as Bitcoin is. And if you look at MtGox's order depth you can see that there are historically few bitcoins for sale, which drives up the exchange price.
I subscribe.
I do say we're in bubble. But nobody seems to listen or care. Too much frenzy here.
Yes, we might go up to 300 but only to pop much lower.
Yes, we might go up to 300 but only to pop much lower.
I believe most here realize it is bubble. All you need is look how fast the price is rising last days, you dont need to know anything else.
Yeah, history is repeating itself once again. It feels like April allover again. The possibilities to spend bitcoins obviously aren't increasing with the same speed as the bitcoin price is. And if you look at MtGox's order depth you can see that there are historically few bitcoins for sale, which drives up the exchange price.
I think the "bubbling" is not neccessarily the amount of price increase but what can be seen in the bid depth and the lack of capitulation moves and tested support levels. It is just nonstop buying (hence 'overbought') and way up in the bollinger band. Just think with a $60 movement, $700M market cap has been added. Has $700M been invested?
This point can't be overstated. I think that we're due for a correction downward, at least to test these new gains. There will be a buy opp in the $130-$150 range. But blink and you'll miss it.
I think the "bubbling" is not neccessarily the amount of price increase but what can be seen in the bid depth and the lack of capitulation moves and tested support levels. It is just nonstop buying (hence 'overbought') and way up in the bollinger band. Just think with a $60 movement, $700M market cap has been added. Has $700M been invested?
This point can't be overstated. I think that we're due for a correction downward, at least to test these new gains. There will be a buy opp in the $130-$150 range. But blink and you'll miss it.
That's because there is hardly any bubble this time. Last time it $10 to $260 in relatively short time period. Price should be at least at $500 before we can even began to talk about bubble.
I think this is not true...
We had a jump $140 to $200 in about 24 hours, and then another jump again $200 to $260 (and back to $60) in another 24 hours. It was definitely much slower in the weeks and months before that. Now we moved $155 to $195 in about 24 hours, that is definitely not normal growth. The only moments bitcoin had this growth EVER was during the bubbles. (excluding dead cat bounce after a massive crash)
If you compare side by side the April bubble with the current one, you can clearly see where we are. This speed of growth $140 to $200 is pretty much the same as the part of the previous bubble from $60 to $120. What happened next was a mad jump doubling again $120 to $240 in . If this is any similar we can see price skyrocket to over $300 or $350 in the next couple days, then badly crash, probably to $100 or so.
I suppose, if price is rising $200 to $250 in more than a week or so, then we are almost safe, and the bubble may touch $500 as you say, but that is when it burst, not when we "begin to talk about bubble", as we are just in the middle of one.
The fact that "badly crash" now means $100, to me says that we are definitely NOT in a bubble. If the lows in each cycle are constantly higher than the lows of the previous cycle, then we are still in a long-term up trend. What we are seeing is high volatility within an established up trend. A bubble would be if BTC crashed and then kept going down.
I do say we're in bubble. But nobody seems to listen or care. Too much frenzy here.
Yes, we might go up to 300 but only to pop much lower.
Yes, we might go up to 300 but only to pop much lower.
I believe most here realize it is bubble. All you need is look how fast the price is rising last days, you dont need to know anything else.
The problem is that there are no good short-selling options with Bitcoin...
Bitfinex might not be perfect, but it allows for short selling. Last I checked, the borrowing rate was as low as 3%. If people think it's a bubble, they certainly aren't willing to bet on it.
As soon as there are short sellers the rally will have bigger legs as short covering will add fuel to the fire multiplied by leverage.
it's gonna burst, and it's gonna hurt like fuck, but I guess what we'll do is hold anyway given that it's impossible to know when the bursting will come.
and I figure it will only drop to about 120 then bounce to 150
and I figure it will only drop to about 120 then bounce to 150
People would talk about the bubble when bubble comes, then everyone would go crazy and panic sell creating even more bubble....
I do say we're in bubble. But nobody seems to listen or care. Too much frenzy here.
Yes, we might go up to 300 but only to pop much lower.
Yes, we might go up to 300 but only to pop much lower.
I believe most here realize it is bubble. All you need is look how fast the price is rising last days, you dont need to know anything else.
The problem is that there are no good short-selling options with Bitcoin...
Bitfinex might not be perfect, but it allows for short selling. Last I checked, the borrowing rate was as low as 3%. If people think it's a bubble, they certainly aren't willing to bet on it.
Actually, the other meaning, that there is not enough paper to print all the money stored electronically on all accounts might equally hold true. 
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