The Christmas 2015 Bubble | Bitcointalksearch.org

valta4065

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Quote from: LMGTFY on February 02, 2016, 06:34:12 AM

Quote from: satmas on February 02, 2016, 06:11:18 AM

Quote from: Tafbiat on January 28, 2016, 04:06:38 AM

The price is quite stable in 2016 apart from one 20% drop due to Mike Hearn's departure from bitcoin.

The bitcoin price has been below $400 for a few weeks now. Why it is so low at the moment?

Low? It was ranging between $200 and $300 for most of 2015. As to why, Hearn's very public departure was a few weeks ago.

Edit: and it's Chinese New Year right now, which is the largest internal migration on the planet - many BTC traders have spent the last few weeks travelling to, or hosting, family.

Yeah gotta add some relativity here thanks for that buddy.

After nearly a year of 250$, 370 doesn't seem low at all xD

Tafbiat

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Quote from: randy8777 on February 02, 2016, 06:47:03 AM

Quote from: LMGTFY on February 02, 2016, 06:34:12 AM

Quote from: satmas on February 02, 2016, 06:11:18 AM

Quote from: Tafbiat on January 28, 2016, 04:06:38 AM

The price is quite stable in 2016 apart from one 20% drop due to Mike Hearn's departure from bitcoin.

The bitcoin price has been below $400 for a few weeks now. Why it is so low at the moment?

Low? It was ranging between $200 and $300 for most of 2015. As to why, Hearn's very public departure was a few weeks ago.

Edit: and it's Chinese New Year right now, which is the largest internal migration on the planet - many BTC traders have spent the last few weeks travelling to, or hosting, family.

i am interested to see what happens with the price when the chinese new year ends. i personally think there won't be much difference in the price compared to now. but i have seen some people saying that china will cause a pump because of the chinese new year as soon as it has ended.

I think the volume in Chinese exchanges are just fake volumes as most of them do not charge trading fees.

randy8777

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Quote from: LMGTFY on February 02, 2016, 06:34:12 AM

Quote from: satmas on February 02, 2016, 06:11:18 AM

Quote from: Tafbiat on January 28, 2016, 04:06:38 AM

The price is quite stable in 2016 apart from one 20% drop due to Mike Hearn's departure from bitcoin.

The bitcoin price has been below $400 for a few weeks now. Why it is so low at the moment?

Low? It was ranging between $200 and $300 for most of 2015. As to why, Hearn's very public departure was a few weeks ago.

Edit: and it's Chinese New Year right now, which is the largest internal migration on the planet - many BTC traders have spent the last few weeks travelling to, or hosting, family.

i am interested to see what happens with the price when the chinese new year ends. i personally think there won't be much difference in the price compared to now. but i have seen some people saying that china will cause a pump because of the chinese new year as soon as it has ended.

LMGTFY

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Quote from: satmas on February 02, 2016, 06:11:18 AM

Quote from: Tafbiat on January 28, 2016, 04:06:38 AM

The price is quite stable in 2016 apart from one 20% drop due to Mike Hearn's departure from bitcoin.

The bitcoin price has been below $400 for a few weeks now. Why it is so low at the moment?

Low? It was ranging between $200 and $300 for most of 2015. As to why, Hearn's very public departure was a few weeks ago.

Edit: and it's Chinese New Year right now, which is the largest internal migration on the planet - many BTC traders have spent the last few weeks travelling to, or hosting, family.

satmas

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Quote from: Tafbiat on January 28, 2016, 04:06:38 AM

Quote from: Ultrabat on January 12, 2016, 02:28:20 PM

Quote from: helloeverybody on December 26, 2015, 05:08:37 PM

Quote from: HarryKPeters on December 26, 2015, 05:05:35 PM

I am not sure why people were talking about a christmas bubble. All i can see there was a pre-christmas bubble, and today on the 2nd christmas day the bubble bursted out.
Giving bitcoin a new push in some more realistic value.

Indeed, maybe that was the bubble and it just burst. hopefully this january isnt as bad as the last one, though with the coming of the halfing i cant see the prices dropping by much. Maybe not at all.

So far in 2016 January, the price is going no where, at least not going down. So it is good start compared to last year.

The price is quite stable in 2016 apart from one 20% drop due to Mike Hearn's departure from bitcoin.

The bitcoin price has been below $400 for a few weeks now. Why it is so low at the moment?

Tafbiat

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Quote from: Ultrabat on January 12, 2016, 02:28:20 PM

Quote from: helloeverybody on December 26, 2015, 05:08:37 PM

Quote from: HarryKPeters on December 26, 2015, 05:05:35 PM

I am not sure why people were talking about a christmas bubble. All i can see there was a pre-christmas bubble, and today on the 2nd christmas day the bubble bursted out.
Giving bitcoin a new push in some more realistic value.

Indeed, maybe that was the bubble and it just burst. hopefully this january isnt as bad as the last one, though with the coming of the halfing i cant see the prices dropping by much. Maybe not at all.

So far in 2016 January, the price is going no where, at least not going down. So it is good start compared to last year.

The price is quite stable in 2016 apart from one 20% drop due to Mike Hearn's departure from bitcoin.

BlindMayorBitcorn

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Quote from: BlindMayorBitcorn on December 19, 2015, 09:47:08 PM

Quote from: jehst on December 19, 2015, 09:45:24 PM

This year, Santa decided it would be easier to make bitcoin go higher rather than deliver individual gifts.

Santa??

Ultrabat

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Quote from: helloeverybody on December 26, 2015, 05:08:37 PM

Quote from: HarryKPeters on December 26, 2015, 05:05:35 PM

I am not sure why people were talking about a christmas bubble. All i can see there was a pre-christmas bubble, and today on the 2nd christmas day the bubble bursted out.
Giving bitcoin a new push in some more realistic value.

Indeed, maybe that was the bubble and it just burst. hopefully this january isnt as bad as the last one, though with the coming of the halfing i cant see the prices dropping by much. Maybe not at all.

So far in 2016 January, the price is going no where, at least not going down. So it is good start compared to last year.

anthonycamp

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you always look to charts and never look to reallity the bubble its a sesonal thing but not totally good only after the russia christmas of 6 jan we can see it rise we dont give presents just into 25 we also look to china and russia for btc price to rise into more demand of buy of btc after the 6 jan the usall ending christmas days

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Quote from: pissedoff on December 26, 2015, 09:52:17 AM

Quote from: Sourgummies on December 26, 2015, 09:50:27 AM

Quote from: 1Referee on December 20, 2015, 05:40:36 AM

It's always the same, people focus too much on peaks and bubbles. Focus on holding is a much better thing to do now we are less than a year away from the block halving. There won't be a bubble this year, just forget about it.

By focusing on bubbles and drops, you can make a profit. Sure, you can hold, but wouldn't you try to get more Bitcoins to hold? Play the game, don't sit there idly as opportunity passes you.

"You miss 100% of the shots you don't take"

Yeah you can increase the amount of bitcoins you hold by trying to trade on the different ups and downs but its quite risky too.

Been doing this for over a year and so far it hasn't failed me. Sure it is a risky method, but with great risks comes great rewards, and if you learned to play with the risks involve, you will surely get a nice and hefty profit for Christmas. Cheesy

QuintLeo

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Quote from: medUSA on December 22, 2015, 07:07:38 AM

OP is saying the recent rise in prices has to be a bubble. I disagree. There may be one coming up in May/June, which can be named "Halving Bubble 2016". But at this point, we are still in a recovery phase from the bottom, there is no bubble yet.

and a few days later, *pop*

I don't expect the bear phase to last past about mid-April to early-May timeframe though, not sure I'd call it the "halfing bubble" as I expect prices to stay a fair bit higer AFTER the halfing but there will be some bubble effect.

The CURRENT bubble is more accurately the "Chineese exchanges start taking fiat currency again" bubble.

On the positive side, the bubble is helping a fair bit to make up for the higher diff increases than I was expecting, and might give my current miners a faint chance at achieving a positive RoI.

helloeverybody

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Quote from: HarryKPeters on December 26, 2015, 05:05:35 PM

I am not sure why people were talking about a christmas bubble. All i can see there was a pre-christmas bubble, and today on the 2nd christmas day the bubble bursted out.
Giving bitcoin a new push in some more realistic value.

Indeed, maybe that was the bubble and it just burst. hopefully this january isnt as bad as the last one, though with the coming of the halfing i cant see the prices dropping by much. Maybe not at all.

HarryKPeters

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I am not sure why people were talking about a christmas bubble. All i can see there was a pre-christmas bubble, and today on the 2nd christmas day the bubble bursted out.
Giving bitcoin a new push in some more realistic value.

pissedoff

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Quote from: Sourgummies on December 26, 2015, 09:50:27 AM

Quote from: 1Referee on December 20, 2015, 05:40:36 AM

It's always the same, people focus too much on peaks and bubbles. Focus on holding is a much better thing to do now we are less than a year away from the block halving. There won't be a bubble this year, just forget about it.

By focusing on bubbles and drops, you can make a profit. Sure, you can hold, but wouldn't you try to get more Bitcoins to hold? Play the game, don't sit there idly as opportunity passes you.

"You miss 100% of the shots you don't take"

Yeah you can increase the amount of bitcoins you hold by trying to trade on the different ups and downs but its quite risky too.

Sourgummies

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Quote from: 1Referee on December 20, 2015, 05:40:36 AM

It's always the same, people focus too much on peaks and bubbles. Focus on holding is a much better thing to do now we are less than a year away from the block halving. There won't be a bubble this year, just forget about it.

By focusing on bubbles and drops, you can make a profit. Sure, you can hold, but wouldn't you try to get more Bitcoins to hold? Play the game, don't sit there idly as opportunity passes you.

"You miss 100% of the shots you don't take"

uki

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Quote from: acquafredda on December 25, 2015, 01:31:54 PM

There was no bubble about to happen. You will see the bubble, the real one, when everything will go like a tsunami up or down! Now the waters are fine.

I also agree that the bubble will happen in the least expected moment. We will know it happened once the things will start rolling, but it is extremely difficult to predict the exact timing. Nevertheless now it is clear that Christmas is not the right time for bubbles.

acquafredda

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There was no bubble about to happen. You will see the bubble, the real one, when everything will go like a tsunami up or down! Now the waters are fine.

satmas

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The Christmas 2015 bubble will not happen or has not happen. The bitcoin investors are much more rational now.

Swordsoffreedom

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Quote from: jehst on December 19, 2015, 09:45:24 PM

This year, Santa decided it would be easier to make bitcoin go higher rather than deliver individual gifts.

Well I am always happy to see a greater return on my investment
Price appreciation in Bitcoin after all is a good thing and I am looking forward to seeing what January will bring

.

Hugroll

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Quote from: jehst on December 19, 2015, 09:45:24 PM

This year, Santa decided it would be easier to make bitcoin go higher rather than deliver individual gifts.

i woudnlt really call this a bubble though, its been hovering around 450 for the past month and dont think its popping anytime soon.

I wonder whether it was the christmas season shopping that caused this prise rise.

Topic: The Christmas 2015 Bubble (Read 3639 times)