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Topic: this is a bubble. - page 2. (Read 7889 times)

full member
Activity: 126
Merit: 100
April 09, 2013, 07:25:45 PM
#59
We need a major network station interviewing some Bitcoin millionaire in prime time.

That may turn int a bubble of all bubbles.

Maybe sell some percentage few months after that.
hero member
Activity: 756
Merit: 501
There is more to Bitcoin than bitcoins.
April 09, 2013, 06:39:51 PM
#58
Kokjo, I hope you don't have a heart condition.

FF
This is amazing!
i dont. but im already up over 2000%, and i don't want to ride it to 10000% and it means i have to take the risk to go back to 150%...

im out.

just remember to save (not cash in) at least 10% of your coins when you get out.


Listen to the wise words, kokjo! Sell the fraction proportional to the perceived risk of severe bubble burst.
sr. member
Activity: 476
Merit: 250
April 09, 2013, 06:39:23 PM
#57
but im already up over 2000%, and i don't want to ride it to 10000% and it means i have to take the risk to go back to 150%...
im out.

Those 16000 buyers in Mt Gox queue says thanks, they'll drive price to 419.99$ and not 420$ in the next 3 weeks !
Agree it's parabolic, but try to catch the top ! 500$ at least if you want quick money
legendary
Activity: 1372
Merit: 1000
April 09, 2013, 06:26:05 PM
#56
Kokjo, I hope you don't have a heart condition.

FF
This is amazing!
i dont. but im already up over 2000%, and i don't want to ride it to 10000% and it means i have to take the risk to go back to 150%...

im out.

just remember to save (not cash in) at least 10% of your coins when you get out.

legendary
Activity: 1050
Merit: 1000
You are WRONG!
April 09, 2013, 04:53:22 PM
#55
Kokjo, I hope you don't have a heart condition.

FF
This is amazing!
i dont. but im already up over 2000%, and i don't want to ride it to 10000% and it means i have to take the risk to go back to 150%...

im out.
full member
Activity: 215
Merit: 100
Shamantastic!
April 09, 2013, 04:40:32 PM
#54
Kokjo, I hope you don't have a heart condition.

FF
This is amazing!
hero member
Activity: 728
Merit: 500
April 09, 2013, 04:30:51 PM
#53
this hysteria matters very little to the hoarders

I hope the hoarders aren't buying more Grin
newbie
Activity: 50
Merit: 0
April 09, 2013, 04:27:13 PM
#52
this hysteria matters very little to the hoarders
legendary
Activity: 854
Merit: 1000
April 09, 2013, 04:05:17 PM
#51
This is a bubble

hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
April 09, 2013, 04:04:39 PM
#50
it's not a bubble until it pops

It is a bubble before it pops, you just can't tell whether it is a bubble or not until after it pops.
sr. member
Activity: 252
Merit: 250
April 09, 2013, 03:54:41 PM
#49
it's not a bubble until it pops
hero member
Activity: 756
Merit: 501
There is more to Bitcoin than bitcoins.
April 09, 2013, 03:53:27 PM
#48
There have been many bubbles already:

legendary
Activity: 1050
Merit: 1000
You are WRONG!
April 09, 2013, 03:36:03 PM
#47
The log scale is your friend
no, its not. it shows that bitcoin is rising faster then exponential, which is very bad(in my opinion).
legendary
Activity: 1050
Merit: 1000
You are WRONG!
April 09, 2013, 03:33:02 PM
#46
I don't know of of any of those that didn't end badly.
I do:


that pic is useless, it only shows adoption in the population, not how much the companies that created those things raised in value. 
legendary
Activity: 1400
Merit: 1013
April 09, 2013, 02:24:39 PM
#45
I don't know of of any of those that didn't end badly.
I do:

[/img]
newbie
Activity: 16
Merit: 0
April 09, 2013, 02:22:49 PM
#44
The bitcoin rise has been defined as a parabolic curve. I don't know of of any of those that didn't end badly.
sr. member
Activity: 352
Merit: 250
https://www.realitykeys.com
April 09, 2013, 01:41:30 PM
#43
We seriously need some diversification. If not from the Japanese government, how about earthquakes?

If it's any comfort, during the 3/11 earthquake I was connected by SSH from my office in the Tokyo suburbs to my client's office in Shibuya, about 50 metres from the Mt Gox office. Neither internet nor power went down for a second. Offices in that bit of town are built tough, and TEPCO have some seriously robust infrastructure. (*)

(*) Although there was that one issue they had that one time with the fuel rods and the backup generators.

But yeah, we're too dependent on Mt Gox.
newbie
Activity: 42
Merit: 0
April 09, 2013, 12:40:07 PM
#42
I know it looks ridiculous(I feel seriously unsettling as well), but I doubt all those thrown down $1M-2M orders in the blink of an eye are that stupid.

Ever heard of the London Whale? Or all any of the long line of "stupid" traders I could wheel out that would have considered spending $1M-$2M on the markets in a blink of eye as buying sweets with pocket change.

I've been watching these forums for the last few months and it is clear that some of you are completely losing all sense of reality.

True, but that is using official trading paths, exchanges, OTC trades with other recognised institutions. Not going onto an amateur internet site and transferring 100 million to it. Come to think of it, maybe MtGox won't do it, but if a professional transfers 100 million to any of the other exchanges, I am sure the owner(s) will just jump up, unplug their servers, transfer the money to their personal account and book a one way ticket to some tropical paradise.
member
Activity: 75
Merit: 10
April 09, 2013, 12:24:43 PM
#41
I know it looks ridiculous(I feel seriously unsettling as well), but I doubt all those thrown down $1M-2M orders in the blink of an eye are that stupid.

Ever heard of the London Whale? Or all any of the long line of "stupid" traders I could wheel out that would have considered spending $1M-$2M on the markets in a blink of eye as buying sweets with pocket change.

I've been watching these forums for the last few months and it is clear that some of you are completely losing all sense of reality.
sr. member
Activity: 462
Merit: 250
April 09, 2013, 12:17:47 PM
#40
MTGOX is definitely the weak link.

We seriously need some diversification. If not from the Japanese government, how about earthquakes?
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