The truth about the current bubble | Bitcointalksearch.org

Barnabe

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Quote from: Lasergun on November 12, 2015, 12:19:33 PM

Quote from: randy8777 on November 12, 2015, 08:00:16 AM

btc-e orderbook is very thin. that's why it went that low. these flash crashes happen from time to time. that's why i have buy orders open at very low price levels. it may take a very long time, but eventually it will happen.

It is not because the btc-e orderbook is very thin, anyway it is not thinner than on bitstamp. This crashes happen from time to time because of the Metatrader and funny traders who are so fond of "Stop Loss" ...

The problem is that they set their stop loss at a "round" value. It's more a psychological issue.
So when the price drops below this barrier, shit hits the fan...

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Quote from: vlom on November 10, 2015, 12:18:13 PM

i could not find a chart from the 1000$ bubble.

Here's the chart from the 2013 bubble. Classic bubble shape according to the illustration posted earlier.

zodiac3011

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Quote from: Lasergun on November 12, 2015, 12:03:03 PM

Quote from: zodiac3011 on November 12, 2015, 07:56:40 AM

Quote from: Lasergun on November 11, 2015, 11:11:05 AM

Quote from: Denker on November 11, 2015, 08:11:52 AM

Quote from: cptdome1 on November 10, 2015, 08:57:08 PM

I like seeing this bubble pop. Was glad I didn't buy 450+ like some of the people who did and are holding the bag now. Get ready to buy low soon. Btc <100 in a few days

Man this is more wishful thinking than becoming reality.
In worst case we will see low 200s again.But never ever below 100.Keep dreaming mate!

Never say never. Just remember when in 2014 bitcoin price dropped from more than $700 to $102 on BTC-e ($275 on Bitstamp) and don't forget to put a buy limit order. Wink

You can't say like that unless the average price of bitcoin is $102. From what you said, the average price is about 185 so that's really far from 100 mark

No matter how far from 100 mark was the price, I just want to say that this is a very good opportunity for any trader to make a good profit on btc-e.

Yeah BTC-E is somewhat a great place for trader to make profit I admit

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Quote from: randy8777 on November 12, 2015, 08:00:16 AM

btc-e orderbook is very thin. that's why it went that low. these flash crashes happen from time to time. that's why i have buy orders open at very low price levels. it may take a very long time, but eventually it will happen.

It is not because the btc-e orderbook is very thin, anyway it is not thinner than on bitstamp. This crashes happen from time to time because of the Metatrader and funny traders who are so fond of "Stop Loss" ...

Lasergun

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Quote from: zodiac3011 on November 12, 2015, 07:56:40 AM

Quote from: Lasergun on November 11, 2015, 11:11:05 AM

Quote from: Denker on November 11, 2015, 08:11:52 AM

Quote from: cptdome1 on November 10, 2015, 08:57:08 PM

I like seeing this bubble pop. Was glad I didn't buy 450+ like some of the people who did and are holding the bag now. Get ready to buy low soon. Btc <100 in a few days

Man this is more wishful thinking than becoming reality.
In worst case we will see low 200s again.But never ever below 100.Keep dreaming mate!

Never say never. Just remember when in 2014 bitcoin price dropped from more than $700 to $102 on BTC-e ($275 on Bitstamp) and don't forget to put a buy limit order. Wink

You can't say like that unless the average price of bitcoin is $102. From what you said, the average price is about 185 so that's really far from 100 mark

No matter how far from 100 mark was the price, I just want to say that this is a very good opportunity for any trader to make a good profit on btc-e.

randy8777

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Quote from: Lasergun on November 11, 2015, 11:11:05 AM

Quote from: Denker on November 11, 2015, 08:11:52 AM

Quote from: cptdome1 on November 10, 2015, 08:57:08 PM

I like seeing this bubble pop. Was glad I didn't buy 450+ like some of the people who did and are holding the bag now. Get ready to buy low soon. Btc <100 in a few days

Man this is more wishful thinking than becoming reality.
In worst case we will see low 200s again.But never ever below 100.Keep dreaming mate!

Never say never. Just remember when in 2014 bitcoin price dropped from more than $700 to $102 on BTC-e ($275 on Bitstamp) and don't forget to put a buy limit order. Wink

btc-e orderbook is very thin. that's why it went that low. these flash crashes happen from time to time. that's why i have buy orders open at very low price levels. it may take a very long time, but eventually it will happen.

zodiac3011

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Quote from: Lasergun on November 11, 2015, 11:11:05 AM

Quote from: Denker on November 11, 2015, 08:11:52 AM

Quote from: cptdome1 on November 10, 2015, 08:57:08 PM

I like seeing this bubble pop. Was glad I didn't buy 450+ like some of the people who did and are holding the bag now. Get ready to buy low soon. Btc <100 in a few days

Man this is more wishful thinking than becoming reality.
In worst case we will see low 200s again.But never ever below 100.Keep dreaming mate!

Never say never. Just remember when in 2014 bitcoin price dropped from more than $700 to $102 on BTC-e ($275 on Bitstamp) and don't forget to put a buy limit order. Wink

You can't say like that unless the average price of bitcoin is $102. From what you said, the average price is about 185 so that's really far from 100 mark

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Quote from: Lasergun on November 11, 2015, 11:11:05 AM

Quote from: Denker on November 11, 2015, 08:11:52 AM

Quote from: cptdome1 on November 10, 2015, 08:57:08 PM

I like seeing this bubble pop. Was glad I didn't buy 450+ like some of the people who did and are holding the bag now. Get ready to buy low soon. Btc <100 in a few days

Man this is more wishful thinking than becoming reality.
In worst case we will see low 200s again.But never ever below 100.Keep dreaming mate!

Never say never. Just remember when in 2014 bitcoin price dropped from more than $700 to $102 on BTC-e ($275 on Bitstamp) and don't forget to put a buy limit order. Wink

I thought this was just someone that fat fingered his order, no? I thought this was not a real drop. I mean $102 on btc-e and $275 on Bitstamp is quite a difference in price!

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Quote from: Denker on November 11, 2015, 08:11:52 AM

Quote from: cptdome1 on November 10, 2015, 08:57:08 PM

I like seeing this bubble pop. Was glad I didn't buy 450+ like some of the people who did and are holding the bag now. Get ready to buy low soon. Btc <100 in a few days

Man this is more wishful thinking than becoming reality.
In worst case we will see low 200s again.But never ever below 100.Keep dreaming mate!

Never say never. Just remember when in 2014 bitcoin price dropped from more than $700 to $102 on BTC-e ($275 on Bitstamp) and don't forget to put a buy limit order. Wink

Denker

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Quote from: cptdome1 on November 10, 2015, 08:57:08 PM

I like seeing this bubble pop. Was glad I didn't buy 450+ like some of the people who did and are holding the bag now. Get ready to buy low soon. Btc <100 in a few days

Man this is more wishful thinking than becoming reality.
In worst case we will see low 200s again.But never ever below 100.Keep dreaming mate!

zodiac3011

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Quote from: Sir_lagsalot on November 11, 2015, 07:04:30 AM

Bitcoin is a bubble. There's no doubt about it. +20% in one day, oh please. The problem is, we dont know whether bitcoin will regain a foothold after it pops, or even when it's going to pop.

I don't think bitcoin's going to pop anytime soon, with tho
The current mass adoption, but I think we will see a big drop sometime in the next few years.

big drops after a while is quite common in my opinion but the bitcoin's price will tend to get higher as the halving is coming close. Anyway it is tryign to stabilize itself at the moment

Sir_lagsalot

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Bitcoin is a bubble. There's no doubt about it. +20% in one day, oh please. The problem is, we dont know whether bitcoin will regain a foothold after it pops, or even when it's going to pop.

I don't think bitcoin's going to pop anytime soon, with tho
The current mass adoption, but I think we will see a big drop sometime in the next few years.

HarryKPeters

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I hope the price stays here or go to the moon, but let's face it, the downtrend has started and I played my buy orders in the 250 area

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Quote from: cptdome1 on November 10, 2015, 08:57:08 PM

I like seeing this bubble pop. Was glad I didn't buy 450+ like some of the people who did and are holding the bag now. Get ready to buy low soon. Btc <100 in a few days

Another person dreaming with open eyes but it will not be easy to get low price this because it has very stable price above $300 with very large buy support so you will keep dreaming about this until price will go more up $500 is coming soon.

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Quote from: Amph on November 11, 2015, 03:19:44 AM

Quote from: vlom on November 11, 2015, 02:39:51 AM

Quote from: Barnabe on November 11, 2015, 02:36:52 AM

If bitcoin drops below 100$ it means that there is a problem with it.
The lowest price for more than one year has been ~250$

thats not true. on bitstamp the price was under 200$ this summer. only for a short time and i missed to buy @190 because i had no fiat placed on the exchange.

it was manipulated, because it was only on one exchange, i don't trust a value that appear on a single exchange

so no the lowest was still above 200, i can not see how it is going sub 230, when we are still above 300

Things change quickly in bitcoin world. A few days ago, I think the price will fluctuate around $370. Now the price is $310.

Maybe the MMM Ponzi has crashed!

Amph

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Quote from: vlom on November 11, 2015, 02:39:51 AM

Quote from: Barnabe on November 11, 2015, 02:36:52 AM

If bitcoin drops below 100$ it means that there is a problem with it.
The lowest price for more than one year has been ~250$

thats not true. on bitstamp the price was under 200$ this summer. only for a short time and i missed to buy @190 because i had no fiat placed on the exchange.

it was manipulated, because it was only on one exchange, i don't trust a value that appear on a single exchange

so no the lowest was still above 200, i can not see how it is going sub 230, when we are still above 300

Barnabe

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Quote from: vlom on November 11, 2015, 02:39:51 AM

Quote from: Barnabe on November 11, 2015, 02:36:52 AM

If bitcoin drops below 100$ it means that there is a problem with it.
The lowest price for more than one year has been ~250$

thats not true. on bitstamp the price was under 200$ this summer. only for a short time and i missed to buy @190 because i had no fiat placed on the exchange.

Oh my bad...
But still I guess this was not a normal event.
I'm talking about a steady price, fluctuations are normal and Bitcoin is still too small to soften them.

vlom

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Quote from: Barnabe on November 11, 2015, 02:36:52 AM

If bitcoin drops below 100$ it means that there is a problem with it.
The lowest price for more than one year has been ~250$

thats not true. on bitstamp the price was under 200$ this summer. only for a short time and i missed to buy @190 because i had no fiat placed on the exchange.

Barnabe

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If bitcoin drops below 100$ it means that there is a problem with it.
The lowest price for more than one year has been ~250$

Eastwind

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Quote from: cptdome1 on November 10, 2015, 08:57:08 PM

I like seeing this bubble pop. Was glad I didn't buy 450+ like some of the people who did and are holding the bag now. Get ready to buy low soon. Btc <100 in a few days

Any specific reason why you want the bitcoin price to drop. You are lucky that you did not buy in $450.
Do you believe the bitcoin price will be <100 within days?
I can bet against you that the bitcoin price will not be below $100 for any 24 hour period in 30 days. There is chance of flash crash, but the below $100 price will stay long.

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Quote from: UfoRia on November 10, 2015, 11:57:45 PM

Quote from: cptdome1 on November 10, 2015, 08:57:08 PM

I like seeing this bubble pop. Was glad I didn't buy 450+ like some of the people who did and are holding the bag now. Get ready to buy low soon. Btc <100 in a few days

Why would you say things like that new people may think is true, it doesn't help build a community or a foundation for bitcoin?

The low was $293 and if you missed that, the boat may have sailed already. Sad

Ufo

I agree that he shouldn't say things like that. Bitcoin price may experience considerable price changes as it's struggling to stabilize the itself and I admit that this can't be consider a bubble yet

UfoRia

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Quote from: cptdome1 on November 10, 2015, 08:57:08 PM

I like seeing this bubble pop. Was glad I didn't buy 450+ like some of the people who did and are holding the bag now. Get ready to buy low soon. Btc <100 in a few days

Why would you say things like that new people may think is true, it doesn't help build a community or a foundation for bitcoin?

The low was $293 and if you missed that, the boat may have sailed already. Sad

Ufo

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I like seeing this bubble pop. Was glad I didn't buy 450+ like some of the people who did and are holding the bag now. Get ready to buy low soon. Btc <100 in a few days

UfoRia

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China just woke up and the trade bots are at war. Someone sold off a huge amount of coins, ate up most of the open orders, nervous people sold off quickly and when it hit 333, several hundred coin orders were buying them all back up. Just now the trade bots are in .01 wars getting other trade bots and market orders that don't fill at once to cancel.

Been an entertaining day at home working. Tongue

Ufo

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I am curious what China is going to do in the next hour or two when they wake up. Its at 333 now, I can see them gobbling some up. Tongue

The RSI was below thirty for fifteen minutes, going as low as 12 for two minutes. Way oversold...

Ufo

Eastwind

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It is possible for the price to go below $300 briefly, but it will not stay there for too long. The bitcoin is in bull market. It will rise steadily until next halving. Then further adoption of the coin will push the price even higher. In that process, there will be some corrections. That is a normal behaviour.

vlom

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when is started this topic i really hoped, that it is just ab bubble. i was so glad that after i sold @334$ (i bought @200$) the price went down.
but then it rose and rose and rose and...
and i hoped that i was not the only one that acted like this.

to sum up: it was not a bubble like in the graph i posted. but the price will go down 20$ to 25$ each day until it stops at 300$/btc.

Betwrong

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Quote from: Mickeyb on November 10, 2015, 02:27:44 PM

Quote from: coinpr0n on November 09, 2015, 02:51:09 AM

Quote from: azguard on November 09, 2015, 02:27:58 AM

Quote from: davinchi on November 06, 2015, 01:13:51 AM

Quote from: ?? on ??

well, i like the current price development. i think soon it will be possible to buy back. during the weekend there will be less trading and the price will go down to 300 $ again. Cool

I don't expect prices will go down under $300 levels again. Because there are many reasons the new investments have been brought into bitcoin ecosystem that would maintain bitcoin prices above $300 levels at least for sometimes.

sure price will stabilize around 350$
and dont thing that it will go below 350 think that this is bottom price for now

I also don't think $300 will be breached -- could have spikes below $350 down to $320 though in my opinion.

Well crap guys, I hope you are all right. We have just touched $350 today on Bitfinex. It would be really a waste of the run if we are to dip under $350. I don't know why, but I still feel bullish. That's why it's so weird to see this price drop today and a dump.

IMO the price of Bitcoin will not drop lower than $350 and from there it will start rising again because the drop to $350 was in a way conditioned by the sale of 44,000 BTC by US Marshals Service.

http://www.coindesk.com/us-marshals-auction-winner-announcement-delay/

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Quote from: coinpr0n on November 09, 2015, 02:51:09 AM

Quote from: azguard on November 09, 2015, 02:27:58 AM

Quote from: davinchi on November 06, 2015, 01:13:51 AM

Quote from: ?? on ??

well, i like the current price development. i think soon it will be possible to buy back. during the weekend there will be less trading and the price will go down to 300 $ again. Cool

I don't expect prices will go down under $300 levels again. Because there are many reasons the new investments have been brought into bitcoin ecosystem that would maintain bitcoin prices above $300 levels at least for sometimes.

sure price will stabilize around 350$
and dont thing that it will go below 350 think that this is bottom price for now

I also don't think $300 will be breached -- could have spikes below $350 down to $320 though in my opinion.

Well crap guys, I hope you are all right. We have just touched $350 today on Bitfinex. It would be really a waste of the run if we are to dip under $350. I don't know why, but I still feel bullish. That's why it's so weird to see this price drop today and a dump.

vlom

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have a look at the charts in this article.

here it looks like a bubble.

http://ibankbitcoins.com/btc/11-5-2015-bitcoin-market-update-market-pullback-after-fomo-parabolic

i could not find a chart from the 1000$ bubble.

jaysabi

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Quote from: vlom on November 10, 2015, 05:21:41 AM

to bubble or not to bubble - this still is the question.

compare these two charts.

It is one of the most widely cited charts about market bubbles in the world. It focuses on investor psychology and the mindsets that prevail.

the other one is a print screen from bitstamp

i think it was not a bubble. although the moves are correct. The magnitude is not strong enough.

The first chart is about sentiment and trends, and the price moves are exaggerated for illustrative purposes. Just because the price graph you posted doesn't look exactly like it is not proof it's not a bubble.

Amph

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if you look close, the green chart resemble the first stretch of the well know bubble chart, until the bear trap phase

vlom

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to bubble or not to bubble - this still is the question.

compare these two charts.

It is one of the most widely cited charts about market bubbles in the world. It focuses on investor psychology and the mindsets that prevail.

the other one is a print screen from bitstamp

i think it was not a bubble. although the moves are correct. The magnitude is not strong enough.

coinpr0n

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Quote from: azguard on November 09, 2015, 02:27:58 AM

Quote from: davinchi on November 06, 2015, 01:13:51 AM

Quote from: ?? on ??

well, i like the current price development. i think soon it will be possible to buy back. during the weekend there will be less trading and the price will go down to 300 $ again. Cool

I don't expect prices will go down under $300 levels again. Because there are many reasons the new investments have been brought into bitcoin ecosystem that would maintain bitcoin prices above $300 levels at least for sometimes.

sure price will stabilize around 350$
and dont thing that it will go below 350 think that this is bottom price for now

I also don't think $300 will be breached -- could have spikes below $350 down to $320 though in my opinion.

azguard

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Quote from: davinchi on November 06, 2015, 01:13:51 AM

Quote from: ?? on ??

well, i like the current price development. i think soon it will be possible to buy back. during the weekend there will be less trading and the price will go down to 300 $ again. Cool

I don't expect prices will go down under $300 levels again. Because there are many reasons the new investments have been brought into bitcoin ecosystem that would maintain bitcoin prices above $300 levels at least for sometimes.

sure price will stabilize around 350$
and dont thing that it will go below 350 think that this is bottom price for now

davinchi

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Quote from: ?? on ??

well, i like the current price development. i think soon it will be possible to buy back. during the weekend there will be less trading and the price will go down to 300 $ again. Cool

I don't expect prices will go down under $300 levels again. Because there are many reasons the new investments have been brought into bitcoin ecosystem that would maintain bitcoin prices above $300 levels at least for sometimes.

coinpr0n

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Quote from: Kprawn on November 05, 2015, 11:25:04 AM

Why talk about a bubble at all? We should rather call it a price spike... because that is what it's doing... It goes up a bit (spike} and then flatten a bit after all the hype has died

...

Remaining above $300 is a nice improvement and I'd call it a spike too. Going down to levels were at at just prior I'd call it a bubble.

Kprawn

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Why talk about a bubble at all? We should rather call it a price spike... because that is what it's doing... It goes up a bit (spike} and then flatten a bit after all the hype has died

down, but it trades above the level, where the previous spike were. If you look at the long term, it still goes upwards. A bubble grows bigger and then it pop and nothing is left.

The people who buy, when it goes down to the normal levels, are the people who are making the profits in the long term.. Wink

Take calculated risks, based on historical trends.

The day traders and speculators lose the most. Buy and hoard... long term hoarding is the key. Grin

nerFohanzo

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Quote from: richardsNY on November 03, 2015, 04:03:47 PM

If this turns out to be a bubble, I really hope it will last for a long time. Currently +$400 is more than a decent price after being stuck at $240 for such a long time.

Yeah exactly we want this bubble to continue for a longer time, It was really exciting to see the value of bitcoins going high in last couple of weeks and I believe that the value will go much higher in coming months so at this stage I have sold a part of my bitcoins and made profit out of it and have kept rest for the future if the value reaches to the moon would surely sell some of it.

Eastwind

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The recent rise is mainly caused by the media exposure of the block chain technology. Bitcoin is closely related to block chain technology. So bitcoin is bought.

The volume is big, which indicates the involvement of large institutions.

Amph

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Quote from: odolvlobo on November 04, 2015, 01:13:59 PM

Quote from: Amph on November 04, 2015, 06:31:19 AM

Quote from: odolvlobo on November 03, 2015, 08:36:48 PM

No doubt in my mind that this is a bubble. Unfortunately, there is no way to know how high it will go before it pops. My strategy is to hedge by selling small amounts on the way up and the buy it all back after the bubble pops.

isn't better to buy all the way up and if it pop you start selling? in this way if it not pops you have a good stash of coins, and if it pops you have also your profit
with your strategy if it will not pops or it will half pops(price correction at 600+ after a dump from 900-1200 for example) you will lose more
i can be sure that we won't see again 1200-230....never seen a strong bubble repeating itself in exact same way

Your strategy of buying on the way up and selling just before the bubble bursts won't work because you don't know when the bubble will burst, so you will be buying at the top and selling at the bottom.

My strategy is a hedging strategy. If there is no bubble, then the value of my bitcoins will be higher, but lower than it could have been. On the other hand, if there is a bubble, then the value of my bitcoins will be higher than if I did nothing. Either way I'm ahead.

"i can be sure that we won't see again 1200-230 ..." <--- Pure speculation.

you don't need to know the exact top you only need a signal in terms of %, this signal can e a dump of 10%-25% or 33%, i would not go higher

"i can be sure that we won't see again 1200-230 ..." <--- Pure speculation.

never seen a bubble repeating itself in the exact same way, so no, it's not really speculation, is more speculative to say the opposite...

alnoor1231

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Alright, so from what has transpired so far, I think we can agree that this spike in price is unnatural and highly suspicious. Clearly someone or some group of people are behind this sudden surge in price....

The prime suspects imo are:

1. Winklevoss twins. The brothers have just opened shop for their new exchange "Gemini." A price spike now would spur interest in Bitcoin and by extension, their trading platform.

2. China: This country is usually the culprit when it comes to price pumping. Not to mention the Chinese exchange Huobi is where the price seems to be the highest. And with the news about the devaluation of the Yuan, it makes perfect sense that wealthy Chinese would start buying up BTC in handfuls and as a result, raising prices.

This doesn't seem like just some random hike in price. It reeks of conspiracy. Someone or some people are pulling the strings here...
Perhaps both suspects are contributing? Then again, it could be neither of them and I may just be rambling on with my tin foil hat

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I sold between 350 and 400. Just spent my last .5 btc on some ltc on bittrex. Planning on buying back under 300.

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Quote from: Amph on November 04, 2015, 06:31:19 AM

Quote from: odolvlobo on November 03, 2015, 08:36:48 PM

No doubt in my mind that this is a bubble. Unfortunately, there is no way to know how high it will go before it pops. My strategy is to hedge by selling small amounts on the way up and the buy it all back after the bubble pops.

isn't better to buy all the way up and if it pop you start selling? in this way if it not pops you have a good stash of coins, and if it pops you have also your profit
with your strategy if it will not pops or it will half pops(price correction at 600+ after a dump from 900-1200 for example) you will lose more
i can be sure that we won't see again 1200-230....never seen a strong bubble repeating itself in exact same way

Your strategy of buying on the way up and selling just before the bubble bursts won't work because you don't know when the bubble will burst, so you will be buying at the top and selling at the bottom.

My strategy is a hedging strategy. If there is no bubble, then the value of my bitcoins will be higher, but lower than it could have been. On the other hand, if there is a bubble, then the value of my bitcoins will be higher than if I did nothing. Either way I'm ahead.

"i can be sure that we won't see again 1200-230 ..." <--- Pure speculation.

Betwrong

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Quote from: vlom on November 03, 2015, 02:47:08 PM

did you read this because you hope it is just a bubble?
you sold everything yesterday and hope that the price goes down to buy again?

please be honest.

No I didn't sell a satoshi. And I'm not going to start selling even it goes over $500 again (now its $458 btw). Why would I? I don't have so much Bitcoins that selling them even at $1k would make a big difference in my life. I just like to have some Bitcoins thats all, I'm not going to sell them. )

DiamondCardz

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Quote from: ?? on ??

well, thats it?

going down again. or just like the short stop @330$ and up agin?

now 458 @bitstamp

Could be the start of a bubble popping or just a slight correction/draw back, there's no real way of knowing this early on. Just hang on and enjoy the ride, the price is really turbulent and changing REALLY fast right now. Wink

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

Quote from: StefanJ on November 04, 2015, 12:30:32 PM

3)EU court declares bitcoin a taxfree asset.

It's not tax free. It's just been declared VAT free to buy and sell like all other currencies. Individual countries have different rules regarding capital gains. If it was declared capital gains free then that would have people running.

StefanJ

member

Activity: 96

Merit: 10

1)Chinese capital control implemented early this september, making it harder for the 150 billion dollar currently flooding out of China every week to make it through.

2)Chinese officials "unofficially" declaring bitcoin legal to trade through banks, causing mass buying and lots of new btc-startups. (When they made it illegal it made the last "bubble" crash because of the news that went worldwide)

3)EU court declares bitcoin a taxfree asset.

http://cointelegraph.com/news/115533/bitcoin-price-bulls-driven-by-china-as-weekly-rsi-nears-2013-levels

Read the news instead of speculating the price guessed on hunches. Wink

btcsharehub

sr. member

Activity: 455

Merit: 250

EarnBitcoins.INFO

Quote from: Hamuki on November 04, 2015, 09:12:31 AM

This is getting crazy!

Why is the price going up like crazy right now???

History, in the making.

Hamuki

legendary

Activity: 1022

Merit: 1000

This is getting crazy!

Why is the price going up like crazy right now???

btcsharehub

sr. member

Activity: 455

Merit: 250

EarnBitcoins.INFO

Honestly I thought it was going to stop at around $350. I sold everything at that price.. but it seems like it just doesn't know where to stop.

I bought back 50% of what I had and I am going to hold it.. $100 per day is too good to be true though!

NUFCrichard

legendary

Activity: 1218

Merit: 1003

I bought last time at under $300, as long as the price is higher than that, I am happy.
If the price goes crazy and I feel it is a bubble, I will sell. Last time I did that too early at $800, but we will see what happens, no doubt if the rise continues at current pace, people will start chasing the market upwards and get carried away. I don't know what price that would be though.

I won't be averaging up though, I bought a while ago and am happy with my holding.

Amph

legendary

Activity: 3248

Merit: 1070

Quote from: odolvlobo on November 03, 2015, 08:36:48 PM

No doubt in my mind that this is a bubble. Unfortunately, there is no way to know how high it will go before it pops. My strategy is to hedge by selling small amounts on the way up and the buy it all back after the bubble pops.

isn't better to buy all the way up and if it pop you start selling? in this way if it not pops you have a good stash of coins, and if it pops you have also your profit

with your strategy if it will not pops or it will half pops(price correction at 600+ after a dump from 900-1200 for example) you will lose more

i can be sure that we won't see again 1200-230....never seen a strong bubble repeating itself in exact same way

coinpr0n

hero member

Activity: 910

Merit: 1000

Not sure about bubble specifics just yet, but the growth does seem to be unsustainable - the important factor for me is where we may stabilize afterwards. If we go all the way back down to $200 then I think we can say for sure it was a bubble.

Furio

legendary

Activity: 938

Merit: 1000

BTC | LTC | XLM | VEN | ARDR

Quote from: NeuroticFish on November 03, 2015, 02:54:54 PM

Nope, but it's still rising too fast, something still looks fishy.
And I hoped for some possible answers, not for silly games Huh

Bitcoin was HEAVILY underrated, it is the first, it is the most prooved and accepted, also the network couldnt be maintained with the price bitcoin had the last year, power costs money Wink

Possum577

sr. member

Activity: 434

Merit: 250

Loose lips sink sigs!

Quote from: vlom on November 03, 2015, 02:47:08 PM

did you read this because you hope it is just a bubble?
you sold everything yesterday and hope that the price goes down to buy again?

please be honest.

I read this because I thought you knew the truth of who was buying into the price and running it up...but alas you are like everyone else. No explanations only speculation.

I did not sell. I do not home the price goes down again.

zodiac3011

hero member

Activity: 770

Merit: 500

This is surely one big bubble. Yesterday I saw bitcoin's price at 340 today's 440 Huh

100 dollars in less than one day? No way! This is too good to be true and there's something fishy about the price

Luqman

sr. member

Activity: 826

Merit: 263

Hoping the price stable at 400$ or 500$ maybe?

1990BEARS

full member

Activity: 140

Merit: 100

Quote from: NorrisK on November 03, 2015, 06:44:33 PM

I did my last buys between 240 and 330 USD last month, so I'm sitting quite comfortably on the sidelines now.

Have to admit I didn't expect this fast a rise, it caused me to buy a little more than planned (was buying every month, bought for 3 months in one go now, just to be safe rather than sorry).

you are in a good positions! Keep calm and hodl

odolvlobo

legendary

Activity: 4466

Merit: 3391

No doubt in my mind that this is a bubble. Unfortunately, there is no way to know how high it will go before it pops. My strategy is to hedge by selling small amounts on the way up and the buy it all back after the bubble pops.

Raimonn

legendary

Activity: 1470

Merit: 1001

I'm not buying at this price, i know that it could go lower, but i will not sell. i'm investing bitcoins like a long time invest.

Gyfts

legendary

Activity: 2828

Merit: 1515

Price has been going crazy lately. As of now, we're seeing 10 dollar shifts in a matter of minutes. Over a 100 USD increase over the last week as we broke the 400 mark within the last 24 hours. I'm a bit skeptical as to what this increase is for and why it's so rapid, but, in past times Bitcoin's price has a history of increasing towards the end of the year. As for the bubble, I literally have no idea, and I'm pretty sure most people don't either. It's not something you can predict unless you have exponential growth in price. As of now, it's too early.

Quote from: Raimonn on November 03, 2015, 08:09:36 PM

I'm not buying at this price, i know that it could go lower, but i will not sell. i'm investing bitcoins like a long time invest.

You're a bit late to the party bud. It's on the increase now, not the decrease.

EternalWingsofGod

hero member

Activity: 700

Merit: 500

The resistance test that just happened showed that their is a far stronger bull market indication than that of a bear.
Otherwise the price would not have started recovering rapidly after that recent price dump today at least for now it is not anywhere near a peak.

NorrisK

legendary

Activity: 1946

Merit: 1007

I did my last buys between 240 and 330 USD last month, so I'm sitting quite comfortably on the sidelines now.

Have to admit I didn't expect this fast a rise, it caused me to buy a little more than planned (was buying every month, bought for 3 months in one go now, just to be safe rather than sorry).

1990BEARS

full member

Activity: 140

Merit: 100

I hope this is not a bubble and that the price really is a good thing for bitcoin

Slark

legendary

Activity: 1862

Merit: 1004

I don't sell. If bitcoin is so high right now and it can go even higher in the future, and halving is approaching.
Chinese exchanges are still strong: OKCoin 3Mth is approaching $440 and BTCC is approaching 2600 CNY.
But sadly I think this is the limit of the price for now, and you would be better sell right your coins now.

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

I'll sit back and see. There's no way of being sure that this will turn into something epic. Markets are very different compared to the previous bubble but I don't think human nature has changed all that much. It's far easier for people to pile in now.

It would be nice if it stuck but whatever happens it's an encouraging sign after being desperately dull for so long.

Lasergun

legendary

Activity: 1155

Merit: 1174

https://keybase.io/lasergun

Quote from: MrsHash on November 03, 2015, 04:48:03 PM

I decided to wait. Stand still. Don't sell and don't buy anything. I feel that this is a bubble and the price will drop significantly soon, so I think I'll wait a day, and then sell part of my coins

When most of people don't know what to do and starting to panic it is a best time for the trader to make the profit, emotional traders prefer to use traiding bots in such cases... Wink

vlom

legendary

Activity: 1498

Merit: 1117

well. i made a decision. and stop watching... Shocked

at the moment there is too much to lose.
i prefer not geting more rather than losing.

Lasergun

legendary

Activity: 1155

Merit: 1174

https://keybase.io/lasergun

Quote from: richardsNY on November 03, 2015, 04:03:47 PM

If this turns out to be a bubble, I really hope it will last for a long time. Currently +$400 is more than a decent price after being stuck at $240 for such a long time.

As for me, low but stable price is much better for btc reputation than new bubble. The best scenario would be $ 300-400 in the next 3-6 months.

MrsHash

full member

Activity: 140

Merit: 100

I decided to wait. Stand still. Don't sell and don't buy anything. I feel that this is a bubble and the price will drop significantly soon, so I think I'll wait a day, and then sell part of my coins

Amph

legendary

Activity: 3248

Merit: 1070

no i'm actually buying back, even if i'm losing something, because i sold at below 300, but not for trading but for emergenicy

i'm going to buy a few more tomorrow, when the funds will arrive... this fucking bank transfer is still too slow, add to this the limit of 999 euro in atm, otherwise you must declare because of money laundering...

vlom

legendary

Activity: 1498

Merit: 1117

Quote from: bitcoinmar on November 03, 2015, 04:31:33 PM

Quote from: DiamondCardz on November 03, 2015, 03:56:48 PM

Quote from: vlom on November 03, 2015, 02:47:08 PM

did you read this because you hope it is just a bubble?

Buddy, it might be, or might not, no-one knows.

Personally, I think we are going to walk into a bubble. Whether we are in that bubble yet and whether we will drop below our current level of $400 after the bubble bursts is anyone's guess, but I believe we are about to see one. Possibly a new ATH, I don't know.

Its all looks like very fishy now need to take all very wisely

yes. that why i am just doing nothing right now. just watch the ups and downs and can't understand what is going on.

bitcoinmar

hero member

Activity: 812

Merit: 500

Quote from: DiamondCardz on November 03, 2015, 03:56:48 PM

Quote from: vlom on November 03, 2015, 02:47:08 PM

did you read this because you hope it is just a bubble?

Buddy, it might be, or might not, no-one knows.

Personally, I think we are going to walk into a bubble. Whether we are in that bubble yet and whether we will drop below our current level of $400 after the bubble bursts is anyone's guess, but I believe we are about to see one. Possibly a new ATH, I don't know.

Its all looks like very fishy now need to take all very wisely

richardsNY

legendary

Activity: 1232

Merit: 1091

If this turns out to be a bubble, I really hope it will last for a long time. Currently +$400 is more than a decent price after being stuck at $240 for such a long time.

DiamondCardz

legendary

Activity: 1134

Merit: 1118

Quote from: vlom on November 03, 2015, 02:47:08 PM

did you read this because you hope it is just a bubble?

Buddy, it might be, or might not, no-one knows.

Personally, I think we are going to walk into a bubble. Whether we are in that bubble yet and whether we will drop below our current level of $400 after the bubble bursts is anyone's guess, but I believe we are about to see one. Possibly a new ATH, I don't know.

pedrog

legendary

Activity: 2786

Merit: 1031

With this kind of volume it will not pop any time soon.

I hope we will see new all time highs before stabilizing.

NeuroticFish

legendary

Activity: 3668

Merit: 6382

Looking for campaign manager? Contact icopress!

Nope, but it's still rising too fast, something still looks fishy.
And I hoped for some possible answers, not for silly games Huh

vlom

legendary

Activity: 1498

Merit: 1117

did you read this because you hope it is just a bubble?
you sold everything yesterday and hope that the price goes down to buy again?

please be honest.

Topic: The truth about the current bubble (Read 4708 times)