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Topic: the " stage of a buble" looking so accurate - page 2. (Read 4922 times)

legendary
Activity: 1002
Merit: 1000
Bitcoin
December 19, 2013, 04:58:06 AM
#39
you guys are looking at the wrong chart... btc needs to be in log scale... we are just to the point of "take of" on log scale...


we have years and years to go....

Exaclty, that's why im holding on more than 80% of my BTC and still spend some whatever the fiat ratio is..

Log chart = more realistic

Interesting years are to come.. the past years were just an introduction...
legendary
Activity: 1008
Merit: 1000
Dumb broad
December 19, 2013, 12:45:10 AM
#38
What goat said.

Every rise/fall/correction this chart gets pulled out... of course it looks accurate but it has no time scale...you can zoom in/out pretty much any stock and get it to fit into this pattern...that's because crowds follow the same patterns, which is essentially Elliot wave theory - when any stock rises suddenly it tends to fall in this pattern.

Just hodl and enjoy your holidays.
hero member
Activity: 616
Merit: 500
December 19, 2013, 12:39:39 AM
#37
Yes, without a doubt it's going to go down again.
hero member
Activity: 728
Merit: 500
December 19, 2013, 12:24:58 AM
#36
I think we're still in this "return to normal" phase now because everyone is still following the movements of btcchina while forgetting and denying to themselves that is a sinking ship. Every recovery is led by btcchina still.
hero member
Activity: 616
Merit: 500
December 19, 2013, 12:21:33 AM
#35
You can't see that the chart is reusable for any major bubble?

This chart will be relevant for all bubbles.

It's happened 4 times now at different magnitudes.

hero member
Activity: 622
Merit: 500
December 18, 2013, 11:36:52 PM
#34
This chart may be relevant in a decade or three.
full member
Activity: 196
Merit: 100
December 18, 2013, 10:58:12 PM
#33


This is from first of January, log scale, do you feel any better?
newbie
Activity: 20
Merit: 0
December 18, 2013, 10:57:17 PM
#32
That fucking doge meme is one of the most stupid things to come from the internet.  Its right up there with "rage comics" or whatever the hell that 4chan abortion is called.
Yeah, I said the same thing when I heard about it, And when other people show me it I still go "Ugh", But for some reason its addictive, I don't know why. Anyways, Isn't like Justin Bieber a worse thing to come out of the internet? He started on Youtube.
hero member
Activity: 700
Merit: 500
daytrader/superhero
December 18, 2013, 10:47:27 PM
#31
That fucking doge meme is one of the most stupid things to come from the internet.  Its right up there with "rage comics" or whatever the hell that 4chan abortion is called.
newbie
Activity: 20
Merit: 0
December 18, 2013, 10:45:24 PM
#30
I've found an up to date depiction of the bubble


https://images.weserv.nl/?url=i.imgur.com%2Feup4OKl.jpg


source: http://coinmarketcap.com/

Glad i went all in to dogecoin last week.

Much profit
wow

Nah This is the updated version.
https://i.imgur.com/tmZlBpQ.jpg

Wow such moon.
hero member
Activity: 700
Merit: 500
daytrader/superhero
December 18, 2013, 09:38:08 PM
#29
yeah, thats exactly what that chart shows  Roll Eyes
full member
Activity: 181
Merit: 100
December 18, 2013, 09:33:07 PM
#28


I like this one. It clearly shows that Bitcoin is going to drop to below zero values, in the near future. Not only would it be worthless, but people would actually be paying money to get rid of their bitcoins. Maybe I should open a bitcoin disposal service, or something.
legendary
Activity: 2338
Merit: 2106
December 18, 2013, 09:22:43 PM
#27


Don't worry I'm hodling my fiat  Wink

one can only hodl crypto. no hodling around with fiat, dude.
member
Activity: 113
Merit: 10
December 18, 2013, 09:20:14 PM
#26
The fit is nice so far, but shouldnt next data have to be uncertain (otherwise it would be too easy to make pofits by everyone if we know tommorow price)
full member
Activity: 264
Merit: 111
December 18, 2013, 09:17:04 PM
#25


Yeah, this is the daily picture, but just because the last day endet at 600 - but it was down to 380 in the middle of this day -> so this would be a lot lower on the graph.
hero member
Activity: 700
Merit: 500
daytrader/superhero
December 18, 2013, 09:05:34 PM
#24
Naaaaaaah




thereisnobubble.jpeg
o3u
sr. member
Activity: 393
Merit: 250
Money comes, money goes
December 18, 2013, 07:36:01 PM
#23
I've found an up to date depiction of the bubble





source: http://coinmarketcap.com/

Glad i went all in to dogecoin last week.

Much profit
wow
hero member
Activity: 994
Merit: 1000
December 18, 2013, 07:07:51 PM
#22
Yeah it's still such a new market, and more and more people are becoming convinced of bitcoins true, combined with a very small percentage of total coins actually on the market at any one time, mean the "mean" is going to be very hard to penetrate.
sr. member
Activity: 308
Merit: 251
Giga
December 18, 2013, 06:06:55 PM
#21
The graph is actually quite accurate.

Except in EVERY bitcoin bubble so far, the after-bubble price has been much higher than the incoming price.

In other words, the grey "mean" line at the bottom should be sloping much steeper upwards.

Exactly what I was about to say, I was here in April and the chart looked exactly the same, but the mean line wasnt all the way down.
sr. member
Activity: 351
Merit: 250
I'm always grumpy in the morning.
December 18, 2013, 05:57:59 PM
#20
The graph is actually quite accurate.

Except in EVERY bitcoin bubble so far, the after-bubble price has been much higher than the incoming price.

In other words, the grey "mean" line at the bottom should be sloping much steeper upwards.
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