This bubble is very different from the others we had in the past. It seems that there is enough talk on bitcoin going on right now that it doesn't deflate "as it should".
It could be because it's December and things slow down a bit, we should see some movements in January
Topic: Is BTC still in a 1150 USD buble...? - page 2. (Read 2433 times)
Well... I had my doubts about you... but not even being willing to check the exchange charts to see what actually is, rather than just calling a random number. That's just sad...
Blocked.
FYI your almost 400 usd off... no you go figure out whether its less or more...
Blocked.
FYI your almost 400 usd off... no you go figure out whether its less or more...
Are you making analysis without so much as checking the price on an exchange? Fascinating...
I dont understand...? Its just some basic assumption of mine, but could be true i posted it here to get opinions from others, i think it is possible.edit:
I know the current price of BTC of course :-)... Im asking if it is possible that were are still in the ongoing bubble stage...
Are you making analysis without so much as checking the price on an exchange? Fascinating...
Is the bitcoin price still in its 3rd buble that peaked somewhere around 1150 USD per 1 BTC?
I assuming its probable, firstly the newest buble (i belive its the 3rd one in BTC history) was cause mainly (and only?) by chinesse... The situation in China around BTC is as far as i know from settled clear position, nobody knows how it will play out in the upcomming weeks... Am i right?
Secondly, the previous bubble (the one in April 2013) had BIG correction from around 260 to around 70 (USD), thats sudden crash to 30% of its value (from TOP) ? Then it regained position and stabilized around 100 USD for several months, that means a long stability around 38,5% from its TOP.
The current buble had BIG correction to from around 1150 to around 380, that is it has fallen in one moment to 33% of its TOP value (30% was in the previozs bubble, is the similiar number just a market coincidence?), if I go according to the previous buble in April, the price should stabilize somewhere around 38,5% of its TOP value, that means something around 450 USD...
Also the previous bubble took around 2 months (from a stabilize position to UP to DOWN, to again stabilize position), 2 months...
the latest buble is lasting aproximatelly cca 1,5 months now...
So if nothing happens (positive or negative) i belive the BTC is still in a buble, and should fall somewhere around 450 USD per dollar around January 15... (if nothing GREAT or HORRIBLE happens).
What do you think about my "trading NOOB" analysis? Are we still in a buble? What will be the new "stabilized" price?
I assuming its probable, firstly the newest buble (i belive its the 3rd one in BTC history) was cause mainly (and only?) by chinesse... The situation in China around BTC is as far as i know from settled clear position, nobody knows how it will play out in the upcomming weeks... Am i right?
Secondly, the previous bubble (the one in April 2013) had BIG correction from around 260 to around 70 (USD), thats sudden crash to 30% of its value (from TOP) ? Then it regained position and stabilized around 100 USD for several months, that means a long stability around 38,5% from its TOP.
The current buble had BIG correction to from around 1150 to around 380, that is it has fallen in one moment to 33% of its TOP value (30% was in the previozs bubble, is the similiar number just a market coincidence?), if I go according to the previous buble in April, the price should stabilize somewhere around 38,5% of its TOP value, that means something around 450 USD...
Also the previous bubble took around 2 months (from a stabilize position to UP to DOWN, to again stabilize position), 2 months...
the latest buble is lasting aproximatelly cca 1,5 months now...
So if nothing happens (positive or negative) i belive the BTC is still in a buble, and should fall somewhere around 450 USD per dollar around January 15... (if nothing GREAT or HORRIBLE happens).
What do you think about my "trading NOOB" analysis? Are we still in a buble? What will be the new "stabilized" price?
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