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Topic: Sell now in bubble? - page 2. (Read 1586 times)

legendary
Activity: 3528
Merit: 7005
Top Crypto Casino
January 20, 2016, 09:43:17 AM
#7
i don't consider the price going up $25 in a short time to be a bubble. if it went up to $800-$900 right now after sitting under $400 just a few hours back, then it would be completely different. right now the price is recovering to its normal price level. it was about to happen and many people were expecting it to happen within this month, and it did.

It happened very sudden though
Yes, that's bitcoin.  How long have you been following the price?  Back in 2013 when we hit $1200, the price swings could take your breath away.  The fluctuations you're talking about are only sort of big and not really surprising either.  We were at $450 last week.  So I would say just hodl.
copper member
Activity: 924
Merit: 1007
hee-ho.
January 20, 2016, 09:40:04 AM
#6
looks to me that we're just in the middle of recovering from the panic selling a week ago.

edit: beat me to it.
sr. member
Activity: 432
Merit: 250
January 20, 2016, 09:39:18 AM
#5
i don't consider the price going up $25 in a short time to be a bubble. if it went up to $800-$900 right now after sitting under $400 just a few hours back, then it would be completely different. right now the price is recovering to its normal price level. it was about to happen and many people were expecting it to happen within this month, and it did.

It happened very sudden though

The price flash crashed 60 dollars last Friday. This was a recovery/correction.

A bubble is what happened the first week of november...approximately 250 spiking to 500.
newbie
Activity: 6
Merit: 0
January 20, 2016, 09:37:25 AM
#4
i don't consider the price going up $25 in a short time to be a bubble. if it went up to $800-$900 right now after sitting under $400 just a few hours back, then it would be completely different. right now the price is recovering to its normal price level. it was about to happen and many people were expecting it to happen within this month, and it did.

It happened very sudden though
legendary
Activity: 896
Merit: 1000
January 20, 2016, 09:28:16 AM
#3
i don't consider the price going up $25 in a short time to be a bubble. if it went up to $800-$900 right now after sitting under $400 just a few hours back, then it would be completely different. right now the price is recovering to its normal price level. it was about to happen and many people were expecting it to happen within this month, and it did.
legendary
Activity: 910
Merit: 1000
January 20, 2016, 09:17:02 AM
#2
I don't think you know what a bubble is.
newbie
Activity: 6
Merit: 0
January 20, 2016, 09:10:32 AM
#1
As you have noticed the prise rose significantly in the past couple hours. Is this a good time to sell and buy again in the dip that will follow?
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