The Euphoria when bitcoin goes to moon!

Bitcoinpro

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Quote from: DannyHamilton on August 28, 2014, 08:51:27 AM

Quote from: Beliathon on August 28, 2014, 06:52:49 AM

Quote from: DannyHamilton on August 27, 2014, 03:10:33 PM

It we were to lose 81.2% of today's value over the next six days, we'd be looking at an exchange rate of $96.82 next week.

Someone hasn't been paying attention to where we are in the pattern. Here, let me help you:

Someone needs to be careful about extrapolating future performance from past results. Here, let me help you:

http://xkcd.com/605/

http://xkcd.com/1007/

Sustainable

DannyHamilton

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Activity: 3472

Merit: 4801

Quote from: Beliathon on August 28, 2014, 06:52:49 AM

Quote from: DannyHamilton on August 27, 2014, 03:10:33 PM

It we were to lose 81.2% of today's value over the next six days, we'd be looking at an exchange rate of $96.82 next week.

Someone hasn't been paying attention to where we are in the pattern. Here, let me help you:

Someone needs to be careful about extrapolating future performance from past results. Here, let me help you:

http://xkcd.com/605/

http://xkcd.com/1007/

Bitcoinpro

legendary

Activity: 1358

Merit: 1000

Quote from: Omikifuse on August 28, 2014, 08:29:24 AM

Quote from: Beliathon on August 28, 2014, 06:52:49 AM

Quote from: DannyHamilton on August 27, 2014, 03:10:33 PM

It we were to lose 81.2% of today's value over the next six days, we'd be looking at an exchange rate of $96.82 next week.

Someone hasn't been paying attention to where we are in the pattern. Here, let me help you:

According to your pattern(?), we will see another rise before the fall, then the moon.

Anyway, past performance is not guarantee for future performance.

the correct way to analyze the graph would be drawing a straight upwards line from late 2012 to now

and then extrapolating it further, the last couple of months have really consolidated on this line

and that sharp drop was very careful not to fall below this line either

http://www.xe.com/currencycharts/?from=XBT&to=GBP&view=5Y

Omikifuse

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Quote from: Beliathon on August 28, 2014, 06:52:49 AM

Quote from: DannyHamilton on August 27, 2014, 03:10:33 PM

It we were to lose 81.2% of today's value over the next six days, we'd be looking at an exchange rate of $96.82 next week.

Someone hasn't been paying attention to where we are in the pattern. Here, let me help you:

According to your pattern(?), we will see another rise before the fall, then the moon.

Anyway, past performance is not guarantee for future performance.

Bitcoinpro

legendary

Activity: 1358

Merit: 1000

Quote from: Beliathon on August 28, 2014, 08:12:14 AM

Quote from: Bitcoinpro on August 28, 2014, 08:10:18 AM

Quote from: Beliathon on August 28, 2014, 08:08:34 AM

Quote from: Bitcoinpro on August 28, 2014, 08:06:36 AM

do you have any bitcoin to sell ?

Mine aren't for sale. I recommend Mycelium, localbitcoins.com, and coinbase.com

they are way above market rates

"The prices on those markets are way above market rates"

What, are you some clueless noob who bought this hero account on ebay? Please let me know if you did so I can put you on ignore. I don't suffer fools.

ur not even worth my time actually

Beliathon

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https://youtu.be/PZm8TTLR2NU

Quote from: Bitcoinpro on August 28, 2014, 08:10:18 AM

Quote from: Beliathon on August 28, 2014, 08:08:34 AM

Quote from: Bitcoinpro on August 28, 2014, 08:06:36 AM

do you have any bitcoin to sell ?

Mine aren't for sale. I recommend Mycelium, localbitcoins.com, and coinbase.com

they are way above market rates

"The prices on those markets are way above market rates"

What, are you some clueless noob who bought this hero account on ebay? Please let me know if you did so I can put you on ignore. I don't suffer fools.

Bitcoinpro

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Activity: 1358

Merit: 1000

Quote from: Beliathon on August 28, 2014, 08:08:34 AM

Quote from: Bitcoinpro on August 28, 2014, 08:06:36 AM

do you have any bitcoin to sell ?

Mine aren't for sale. I recommend Mycelium, localbitcoins.com, and coinbase.com

They are way above market rates, technically even the market is above market rates

they want large commissions on withdrawals and deposits

your graph theory is fundamentally flawed, it is relying on

exchanges holding very little bitcoin in reserves and everyone

knows that.

And also mining rewards where increased is the final mining date even valid still.

Beliathon

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https://youtu.be/PZm8TTLR2NU

Quote from: Bitcoinpro on August 28, 2014, 08:06:36 AM

do you have any bitcoin to sell ?

Mine aren't for sale. I recommend Mycelium, localbitcoins.com, and coinbase.com

Bitcoinpro

legendary

Activity: 1358

Merit: 1000

Quote from: Beliathon on August 28, 2014, 06:52:49 AM

Quote from: DannyHamilton on August 27, 2014, 03:10:33 PM

It we were to lose 81.2% of today's value over the next six days, we'd be looking at an exchange rate of $96.82 next week.

Someone hasn't been paying attention to where we are in the pattern. Here, let me help you:

do you have any bitcoin to sell ?

Beliathon

hero member

Activity: 784

Merit: 1000

https://youtu.be/PZm8TTLR2NU

Quote from: DannyHamilton on August 27, 2014, 03:10:33 PM

It we were to lose 81.2% of today's value over the next six days, we'd be looking at an exchange rate of $96.82 next week.

Someone hasn't been paying attention to where we are in the pattern. Here, let me help you:

Gervais

sr. member

Activity: 366

Merit: 250

You could probably find them yourself just by going through the forum pages until you find them that coincide with the price rises, but then you will also see the following misery of the crashes that followed. Have some patience and I'm sure will see both of these threads again sometime soon.

bornil267645

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Merit: 250

AltoCenter.com

One day it will venture Mars... Cool

Bitcoinpro

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using the way back machine http://archive.org/web/

http://web.archive.org/web/20111007233827/https://mtgox.com/

http://web.archive.org/web/20131128090208/http://www.cryptocurrencycentralbank.com/

montello

full member

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Merit: 100

Het guys don't be touched by the present state of Btc trends things are certainly going to take shape its just a matter of time.

BitCoinNutJob

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I like how bitcoin is $500 yet right now is kinda under the radar as regards media and mainstream attention. But when its $266 on previous bubble everyone is going crazy haha. Its exactly the same pattern.

Game Sir

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Biecoins appreciation space is still very big and there will be a lift prices.

Snorek

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Old links are fine and good. And it is nice to remember bitcoin history, but the real thing is the future. Right now it is only possible for bitcoin to be stable around 500$ And we all want next euphoric peak..

cuddaloreappu

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I see the point ..the suffering people went through crashes

Omikifuse

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Quote from: cuddaloreappu on August 27, 2014, 10:38:54 AM

Tired of all these sideways movement..

Please share me some nice old thread at the time of those 2011 & 2013 bubbles,where people are happily watching the price rise, let me at least read them and be happy until the next moon ride..

I can show some threads about people crying because they lost money they couldn't afford to lose(personal savings, money to pay bills, etc..) due to a sudden crash, that in the old times could happen literally overnight. I guess it would be more effective to make you happy with these sideways moves.

DannyHamilton

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Quote from: cuddaloreappu on August 27, 2014, 10:38:54 AM

Please share me some nice old thread at the time of those 2011 & 2013 bubbles,where people are happily watching the price rise, let me at least read them and be happy until the next moon ride..

Here you go:

https://bitcointalksearch.org/topic/how-long-does-it-take-for-bitcoin-value-to-double-171312

Of course, it's important to remember that less than 36 hours later the price peaked at $266 and then crashed.

It continued downwards to 18.8% of its high, a low of $50.01, over the next six days. A total loss of 81.2% of it's high value.

It we were to lose 81.2% of today's value over the next six days, we'd be looking at an exchange rate of $96.82 next week.

Grin

Topic: The Euphoria when bitcoin goes to moon! (Read 1694 times)