Topic: Lets see if you can read a simple graph. (Read 4698 times)
well if the price hits single digits im gonna go sell my house and buy in
As they say, who laughs last laughs best.
Single digits = 0,001% chance
double digits = 40%
triple
edit:
Quadruple digits = 99,999999999999999999999999999999999999999999999999999999999999999999999999999999999999 %
Sounds foolproof, do you believe it yourself?
If so, any evidence besides that belief?
As they say, who laughs last laughs best.
Single digits = 0,001% chance
double digits = 40%
triple
edit:
Quadruple digits = 99,999999999999999999999999999999999999999999999999999999999999999999999999999999999999 %
As they say, who laughs last laughs best.
there is no volumen on the market except the omninous manipulating whales.
Threads like "Bitcoin will never extend more" and "Bitcoin is slowly shit" spread like mushrooms.
There is no single success-story of the bitcoin-universe. Except scammers and hackers.
By now every company or e-seller knows bitcoin and is tired of bitcoiners claims to accept it. Those who accepted don't have many payments.
Asics are a new megabubble which has to burst for sure.
We'll be soon back to normal, manipulation and illusion can't last forever. Than we'll continue the ride down. It will be like the yoyo-effect after a diet. Prepare!
Threads like "Bitcoin will never extend more" and "Bitcoin is slowly shit" spread like mushrooms.
There is no single success-story of the bitcoin-universe. Except scammers and hackers.
By now every company or e-seller knows bitcoin and is tired of bitcoiners claims to accept it. Those who accepted don't have many payments.
Asics are a new megabubble which has to burst for sure.
We'll be soon back to normal, manipulation and illusion can't last forever. Than we'll continue the ride down. It will be like the yoyo-effect after a diet. Prepare!
ROFLMAO
Good points Itcher, lots of things is not right at the moment.
there is no volumen on the market except the omninous manipulating whales.
Threads like "Bitcoin will never extend more" and "Bitcoin is slowly shit" spread like mushrooms.
There is no single success-story of the bitcoin-universe. Except scammers and hackers.
By now every company or e-seller knows bitcoin and is tired of bitcoiners claims to accept it. Those who accepted don't have many payments.
Asics are a new megabubble which has to burst for sure.
We'll be soon back to normal, manipulation and illusion can't last forever. Than we'll continue the ride down. It will be like the yoyo-effect after a diet. Prepare!
Threads like "Bitcoin will never extend more" and "Bitcoin is slowly shit" spread like mushrooms.
There is no single success-story of the bitcoin-universe. Except scammers and hackers.
By now every company or e-seller knows bitcoin and is tired of bitcoiners claims to accept it. Those who accepted don't have many payments.
Asics are a new megabubble which has to burst for sure.
We'll be soon back to normal, manipulation and illusion can't last forever. Than we'll continue the ride down. It will be like the yoyo-effect after a diet. Prepare!
So confuuused, whose graph to uuuuse to predict the future - this graph or EM's graph?
Lol. You can make any graph look like any other graph using pan/zoom/etc.
That being said, I wouldn't discount the possibility of an even greater crash. When you're in the midst of it all you can do is guess because many of the most significant "permanent" growth industries had patterns like the "canonical bubble" in their adoption curve, if you zoom in to one spot. But the people who suggested canonical bubble at that point got burned. On the other hand, the true bubbles had plenty of people wanking to log graphs and they all got burned.
Here have a few zeros:
00000000000000O0000000000
(be careful don't pick the O)
00000000000000O0000000000
(be careful don't pick the O)
Here have a few zeros:
00000000000000O0000000000
(be careful don't pick the O)
00000000000000O0000000000
(be careful don't pick the O)
So that peak is supposed to equate to new paradigm ?
Doesn't work for me. I think we're still in the early take off, before long the peak will be another little ripple, just like the 2011 one is now. Its quite hard to think bitcoins is anything other than a very promising fledgling technology at the minute.
Doesn't work for me. I think we're still in the early take off, before long the peak will be another little ripple, just like the 2011 one is now. Its quite hard to think bitcoins is anything other than a very promising fledgling technology at the minute.
It is not even in the graph. We are like in 2009. It still have to grow x1000 (and even more later)
So that peak is supposed to equate to new paradigm ?
Doesn't work for me. I think we're still in the early take off, before long the peak will be another little ripple, just like the 2011 one is now. Its quite hard to think bitcoins is anything other than a very promising fledgling technology at the minute.
Doesn't work for me. I think we're still in the early take off, before long the peak will be another little ripple, just like the 2011 one is now. Its quite hard to think bitcoins is anything other than a very promising fledgling technology at the minute.
I think the number of people who leveraged their way into their Bitcoin holdings is alarmingly high, and even some of the prominent Bulls in this forum agree with me on that. (Cypherdoc for example, correct me if I'm wrong 
This I can agree with and it's a point that makes me feel that a real crash to $10 or so would be a good thing. It would hurt me as well but to see those morons get flushed out of the system like that more than makes up for the loss.
But I'm afraid the momentum for that to happen is gone now, sadly not all human stupidity gets appropriately punished. If that were true we wouldn't have as many of them. 
@ Mucus: Sry, but your chart is rigged. Change the time interval and vote again. 
No, I think it's just right.
We can argue if "First Sell off" was in 2011 or 2012 but they are clearly visible either way.
But resetting the poll is an interesting idea, I will do that once we got some significant market movement in a month or so.
Did I nail it? Is there a prize?
So Enthusiasm is at the same height as Despair? How does that work out?
Is Bitcoin bipolar?
I guess you're operating under the assumption that the graph will fit every bubble market ever at a 1:1 scale?
That is, if we can set aside the fact that our bubble started around $13, and that would mean "despair" would need to be a negative number to hold these proportions. I can't come up with a scenario where that would make sense, but I'd like to hear yours. Tell me what is going to make me pay someone, what would apear to be $20 or $30 a piece, to take my bitcoins, and I'll consider your point fair.
I have two answers for you:
First, consider the average Bitcoin be representative of a certain part of a defaulted bank loan, that would push it into the negative territory. That doesn't mean people actually pay money to get rid of their coins on the open market but rather they do so to get rid of their debt. I think the number of people who leveraged their way into their Bitcoin holdings is alarmingly high, and even some of the prominent Bulls in this forum agree with me on that. (Cypherdoc for example, correct me if I'm wrong
)Second, I think Despair just is supposed to be below the mean, which in turn should match the non-bubble market loosely. Where ever that is in the case of Bitcoin we would still have to find out.
If you extrapolate the stable episodes it should be around 10-20 Dollar, more or less depending on the news.
Interesting I expected the -- I refuse to vote -- option to be far more popular.
Yeah so did I. It's not too poor either so I'm satisfied
.
You never cease to make yourself look stupid.
@ Mucus: Sry, but your chart is rigged. Change the time interval and vote again.
Did I nail it? Is there a prize?
So Enthusiasm is at the same height as Despair? How does that work out?
Is Bitcoin bipolar?
I guess you're operating under the assumption that the graph will fit every bubble market ever at a 1:1 scale?
That is, if we can set aside the fact that our bubble started around $13, and that would mean "despair" would need to be a negative number to hold these proportions. I can't come up with a scenario where that would make sense, but I'd like to hear yours. Tell me what is going to make me pay someone, what would apear to be $20 or $30 a piece, to take my bitcoins, and I'll consider your point fair.
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