Pages:
Author

Topic: the " stage of a buble" looking so accurate - page 3. (Read 4919 times)

legendary
Activity: 2128
Merit: 1074
December 18, 2013, 05:16:36 PM
#19
Usually I find that picture misleading, but now it looks uncanny...
Maybe more important is that the 1d MACD has now turned negative after a long time.
full member
Activity: 133
Merit: 100
December 18, 2013, 05:12:27 PM
#18
This time it looks very convincing to me...
legendary
Activity: 1246
Merit: 1010
December 18, 2013, 05:07:17 PM
#17
sigh btc isnt your traditional commodity. to try and characterize crypto whould def need an extended chart and much more then a couple years of speculation. This drop is strictly due to China pulling back. To try and say it was foresaw via a chart s ridiculous. 


not so ridiculous... note the "return to normal" reference.  This rise was played out.  If it hadn't been the China news it would have been something else.

My estimation is that this is the big one.  There may be a quick "return to normal" rise, but the Chinese companies dropping BTC acceptance is the interpretation of the Central bank ruling that we all didn't want.  It is going to be hard for BTC to take a significant amount of the international B2B trade if this major export country won't accept it.

Still, I haven't cracked my cold wallet so will be happy no matter what happens...

See you back at the L1 exponential line -- its still an AMAZING rate of growth!


legendary
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
December 18, 2013, 04:56:02 PM
#16
Wasn't that posted when we went over $8? 

And $30 and $100 and $200...lol
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
December 18, 2013, 04:50:19 PM
#15
If the chart is right we should see a drop to like $150. I think our mean is about $270 right now.
jr. member
Activity: 141
Merit: 1
The World’s First Blockchain Core
December 18, 2013, 04:47:54 PM
#14
sigh btc isnt your traditional commodity. to try and characterize crypto whould def need an extended chart and much more then a couple years of speculation. This drop is strictly due to China pulling back. To try and say it was foresaw via a chart s ridiculous. 
member
Activity: 69
Merit: 10
December 18, 2013, 04:40:33 PM
#13
legendary
Activity: 1218
Merit: 1001
December 18, 2013, 04:37:20 PM
#12
Wasn't that posted when we went over $8? 
legendary
Activity: 1274
Merit: 1004
December 18, 2013, 04:00:11 PM
#11
legendary
Activity: 1652
Merit: 1265
December 18, 2013, 03:56:10 PM
#10
HODL on I know this chart .... where have I seen it before  Huh Ow wait in every topic posted  Tongue


EDIT: Inb4 we're in the first selloff
legendary
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
December 18, 2013, 03:48:18 PM
#9
This is what, the fifth bubble bitcoin had? Boring.
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
December 18, 2013, 03:41:57 PM
#8
You've been here long enough to know that picture gets posted every crash.


yes but no one ever zoomed out, we are watching the whole year at this picture, I dont want to believe the content, I want to believe that Bitcoin is something different but watching it scare me all the time Sad
legendary
Activity: 1064
Merit: 1001
December 18, 2013, 03:40:06 PM
#7
I hate this thing.

But, I can't think of a more accurate description of "New Paradigm" than "we need to call it mBTC"

Exactly.
legendary
Activity: 1260
Merit: 1001
December 18, 2013, 03:37:46 PM
#6
You've been here long enough to know that picture gets posted every crash.
newbie
Activity: 13
Merit: 0
December 18, 2013, 03:31:03 PM
#5
I hate this thing.

But, I can't think of a more accurate description of "New Paradigm" than "we need to call it mBTC"
legendary
Activity: 1022
Merit: 1001
December 18, 2013, 03:30:12 PM
#4
HODL me  Cry

hero member
Activity: 826
Merit: 508
December 18, 2013, 03:28:30 PM
#3
Awesome. Cheesy
hero member
Activity: 1302
Merit: 502
December 18, 2013, 03:27:20 PM
#2
.....
....
Fucking kill me.
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
December 18, 2013, 03:26:41 PM
#1
so in wikipedia there is an article for the chart look of a classic bubble stage, it is from Jean-Paul Rodrigue source http://en.wikipedia.org/wiki/Jean-Paul_Rodrigue

I hate to admit that as much as I hate watching the "stage of a bubble chart", it seems so F%&$/!? accurate, Is Bitcoin a different story ?




from bitcoinwisdon 1d zoom out





Looks familiar ?
Pages:
Jump to: