This bubble will pop big | Bitcointalksearch.org

ridery99

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Quote from: digaran on May 05, 2017, 12:11:04 AM

You know the funny part in all of this recent price pumps of all cryptocurrencies? while ICN somehow managed to hold their stance but every other altcoins are being pumped at the same time just shows how connected they all are to each other, tell me how many people hold 90% of all the coins/tokens other than Bitcoin?
They have finally revealed their true faces in the most obvious way possible.
It doesn't make any logical and economical sense for a supporting community to suddenly start pumping every crypto out there.
I bet there are only a few selected groups of maybe 50 people all engaging and manipulating markets?

Oh shit bro, ask bob about it Cheesy

digaran

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You know the funny part in all of this recent price pumps of all cryptocurrencies? while ICN somehow managed to hold their stance but every other altcoins are being pumped at the same time just shows how connected they all are to each other, tell me how many people hold 90% of all the coins/tokens other than Bitcoin?
They have finally revealed their true faces in the most obvious way possible.
It doesn't make any logical and economical sense for a supporting community to suddenly start pumping every crypto out there.
I bet there are only a few selected groups of maybe 50 people all engaging and manipulating markets?

romero121

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Quote from: panju1 on May 04, 2017, 09:10:49 PM

Quote from: DustyRah on May 04, 2017, 11:43:42 AM

Nice rise here and careful now the bubble will pop nice and quick as well.

Take profits while you can or HODL?

I too feel that this is a bubble. But I am going to hold.
I have the patience to ride out the next burst and make money in the long term. I would rather not book profits by trying to predict when this bubble will burst.

With patience holding bitcoin gives an assured profit. The bubble will pop big as the price increase has been good to give better profit. Prediction market is always a difficult thing, but one who has the ability to make a closer prediction can earn the same profit same as that's been earned holding long.

2017Bubble

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The ETH and DASH bubble?

yes it will

yes

panju1

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Quote from: DustyRah on May 04, 2017, 11:43:42 AM

Nice rise here and careful now the bubble will pop nice and quick as well.

Take profits while you can or HODL?

I too feel that this is a bubble. But I am going to hold.
I have the patience to ride out the next burst and make money in the long term. I would rather not book profits by trying to predict when this bubble will burst.

maku

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Quote from: blade87 on May 04, 2017, 12:26:51 PM

$1800 today is where #2 lies. Indicators are strong for a new bubble to begin. Technically it looks its heading there, and the alt market is severely inflated too. A dump of bubbled alts could send BTC soaring beyond $1800, or good news regarding BTC scaling could too... And if the ETF somehow passes this time around, we're definitely going into a new bubble.

Altcoin market is crazy right now, basically every major coin is being pumped. That never happened before. It was alwys either BTC or altcoins, never both.
There is a possibility of reverse trend at some point: traders will sell BTC to purchase LTC or other altcoin because overwhelming good altcoin news.
ETF will be declined over and over again, nothing will change and only miracle will cause BTC to update its protocol.

coralreefer

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I too see it retracing back to the 1200 range...

RealPhotoshoper

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Quote from: LFC_Bitcoin on May 04, 2017, 01:50:43 PM

Quote from: Meuh6879 on May 04, 2017, 01:46:57 PM

and take profit in 2020 ... instead.

Pretty much my plan, I think. We don't want to regret selling everything now & then see $10,000 bitcoin's in 4-5 years.

It was sick decision for me to sell almost the whole bitcoin i hold yesterday.
Since i think it is enough , the price will go down for a while before heading $10,000 or higher in the future.
Wasn't an easy decision. Just left a couple of bitcoin as future plan investment.

DustyRah

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It shed a bit just now. Take your profits before we visit sub $1200 again soon.

s1lverbox

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Quote from: BitcoinNewsMagazine on May 04, 2017, 01:15:20 PM

Quote from: moviebuff777 on May 04, 2017, 11:51:00 AM

Quote from: DustyRah on May 04, 2017, 11:43:42 AM

Nice rise here and careful now the bubble will pop nice and quick as well.

Take profits while you can or HODL?

Most likely this is a bit of a bubble. At some point, we will probably have a drop in price but there's no way to know how far the drop will be unfortunately.

No way to know for certain but traders will have bids in at the first two Fibonacci retrace levels. That means the sexy buy zone ATM is $1057 to $1270. Just redraw the chart for a new ATH.

I agree with you.
Buy zone will be within 1200 zone.
There will be massive support there.

Anyway, this rocket can go and will go further away but eventually fuel will finish.

LFC_Bitcoin

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Quote from: Meuh6879 on May 04, 2017, 01:46:57 PM

and take profit in 2020 ... instead.

Pretty much my plan, I think. We don't want to regret selling everything now & then see $10,000 bitcoin's in 4-5 years.

GratisBitcoin

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Quote from: DustyRah on May 04, 2017, 11:43:42 AM

Nice rise here and careful now the bubble will pop nice and quick as well.

Take profits while you can or HODL?

We're still at the start of this one, if you compare it to the 2013 bubble.

http://www.gratisbitco.in/we-are-here2.jpg

Meuh6879

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and take profit in 2020 ... instead.

hd060053

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Quote from: alyssa85 on May 04, 2017, 01:41:27 PM

Quote from: DustyRah on May 04, 2017, 11:43:42 AM

Nice rise here and careful now the bubble will pop nice and quick as well.

Take profits while you can or HODL?

Take some profits. (Rule of thumb, extract an amount equal to what you bought with, and that way you are in the black).

Dont do this. hodl has always been the best strategy. nobody who has used this strategy has ever lost. My cold wallet will also be untouched, doest't matter if the price is 1000 or 5000. $ and € will die at the end.

apuestascoin

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Quote from: LFC_Bitcoin on May 04, 2017, 01:35:18 PM

Quote from: DustyRah on May 04, 2017, 11:43:42 AM

Nice rise here and careful now the bubble will pop nice and quick as well.

Take profits while you can or HODL?

HODL what you own. Buy more if we crash. Simple.

Totally agree.

But this is NOT a bubble , is the normal up after a period with the problem of the hard fork , bitcoin price still is too cheap , we will see in 5000$ and we will say bubble , in 10000$ and BUBBLE , stay and enjoy ! Cool

alyssa85

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Quote from: DustyRah on May 04, 2017, 11:43:42 AM

Nice rise here and careful now the bubble will pop nice and quick as well.

Take profits while you can or HODL?

Take some profits. (Rule of thumb, extract an amount equal to what you bought with, and that way you are in the black).

LFC_Bitcoin

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Quote from: DustyRah on May 04, 2017, 11:43:42 AM

Nice rise here and careful now the bubble will pop nice and quick as well.

Take profits while you can or HODL?

HODL what you own. Buy more if we crash. Simple.

bamboylee

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The price going up is the result of japan legalizing bitcoin and institutional investors coming in. I do not think it can be considered a bubble and it will not pop easily. As normal, there will be some correction period when the bull run is exhausted and the price may drop.

BitHodler

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From my cold wallets I won't cash out even 1 satoshi. I fully understand that the price may come down, and it probably will due to rushes not being sustainable for a longer period of time.

That's why I have a stash of trading coins that will allow me to optimally benefit from these circumstances. My guess is that we'll see a top of $1700 on non inflated exchanges, and then a drop to possibly $1300-$1400.

Either way, I am prepared for basically everything.

BitcoinNewsMagazine

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Here are the Fibonacci extensions based on Bitstamp data.

We are not far from the first extension level of $1800. At that point you could well expect a 23% to 38% correction before heading up to the next extension at $2800. If price goes parabolic $3800 is not out of the question. Though not on the chart the next extension past $3808 is $4433. Historically the first and second Fibonacci extensions tend to be pretty accurate, the higher extensions less so. You might want to take some profits at around $1800 with the objective of buying back in lower after a correction.

Topic: This bubble will pop big (Read 1735 times)