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Topic: This Bear Era (Read 589 times)

hero member
Activity: 644
Merit: 500
January 14, 2015, 12:20:39 PM
#8
the bear era ends with the fail of bitcoin and its replacement with another less inflationary/scarce coin

I'm not sure many will get involved with any other ponzi coin if Bitcoin fails. But good luck with your no volume and no liquidity alts.
newbie
Activity: 45
Merit: 0
January 14, 2015, 12:13:55 PM
#7
In the 2011 and the 2013 bubble, bitcoin reached the bottom in three months...


Not quite. The $31.91 2011 high was June 8th 2011. The $1.98 low was November 19th 2011. That's well over 5 months. Furthermore, it took about 20 months after the 2011 rout to regain $30.

But yes, with more money and more participants in the ecosystem, the cycles should take longer; however, please get your facts straight. It's not that hard to look at a price chart before posting.

I used a larger time scale. I don't know about $1.98, but i saw $2.13 at October 2011. That is four months.
legendary
Activity: 1722
Merit: 1004
January 14, 2015, 12:03:21 PM
#6
In the 2011 and the 2013 bubble, bitcoin reached the bottom in three months...


Not quite. The $31.91 2011 high was June 8th 2011. The $1.98 low was November 19th 2011. That's well over 5 months. Furthermore, it took about 20 months after the 2011 rout to regain $30.

But yes, with more money and more participants in the ecosystem, the cycles should take longer; however, please get your facts straight. It's not that hard to look at a price chart before posting.
legendary
Activity: 1722
Merit: 1000
January 14, 2015, 12:01:53 PM
#5
In the 2011 and the 2013 bubble, bitcoin reached the bottom in three months, and now it has been 13 months since December 2013, and I don't think we've seen the lowest yet.

When will the bear era end?

Around $65 USD.
member
Activity: 84
Merit: 10
January 14, 2015, 11:57:57 AM
#4
"altcoin hitler".  Undecided

Its a funny name. Don't shit your pants.
sr. member
Activity: 471
Merit: 250
January 14, 2015, 11:56:47 AM
#3
"altcoin hitler".  Undecided
member
Activity: 84
Merit: 10
January 14, 2015, 11:55:24 AM
#2
In the 2011 and the 2013 bubble, bitcoin reached the bottom in three months, and now it has been 13 months since December 2013, and I don't think we've seen the lowest yet.

When will the bear era end?

the bear era ends with the fail of bitcoin and its replacement with another less inflationary/scarce coin
newbie
Activity: 45
Merit: 0
January 14, 2015, 11:53:29 AM
#1
In the 2011 and the 2013 bubble, bitcoin reached the bottom in three months, and now it has been 13 months since December 2013, and I don't think we've seen the lowest yet.

When will the bear era end?
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