We are living the fastest growth ever!

ManBearPig

sr. member

Activity: 350

Merit: 250

"Don't go in the trollbox, trollbox, trollbox"

Quote from: evolve on April 19, 2013, 01:17:07 AM

Yeah, that's not a good thing. It wasn't sustainable last time, and it wont be this time either.

I maintain that the 10-week period between Jan and March with average daily growth of 1.8% was sustainable but we had to go and ruin it Wink

Until BTC finds its true price I'll keep harking back to that trendline which was one of the most 'stable' Bitcoin has ever seen.

Also, we are obviously seeing a correction of the overselling following the April 10th crash. It's more of a gain than growth I suppose.

We actually saw (only!) a 36% gain on April 17th.

Here are all the days with a 20%+ close-to-close gain:

bitrider

full member

Activity: 233

Merit: 101

Quote from: evolve on April 19, 2013, 01:17:07 AM

Yeah, that's not a good thing. It wasn't sustainable last time, and it wont be this time either.

Yes. correct. We will be pumped and dumped and thrown all over the place over the next couple of years. Get used to it. But overall bitcoin is growing up and getting stronger. Can you see the forest?

DrG

legendary

Activity: 2086

Merit: 1035

Quote from: kokjo on April 19, 2013, 05:33:23 AM

if you people took a quick look on the log-charts, you would see that both in november '10 and june '11 there was faster growth.

Yes but I spent all my coin on a pizza Cool

kokjo

legendary

Activity: 1050

Merit: 1000

You are WRONG!

if you people took a quick look on the log-charts, you would see that both in november '10 and june '11 there was faster growth.

ehoffman

sr. member

Activity: 378

Merit: 250

Quote from: d5000 on April 19, 2013, 01:19:52 AM

April 12th growth was WAY faster. Then the price went from 54 to >120 in less than one day!

Yeah, now that you say it, it's true! And it went back down Undecided

Let's hope it stay at around 120 for a while. That could be seen as a 100->120 in a few days instead of a a 50->120.

d5000

legendary

Activity: 3906

Merit: 6249

Decentralization Maximalist

April 12th growth was WAY faster. Then the price went from 54 to >120 in less than one day!

evolve

hero member

Activity: 700

Merit: 500

daytrader/superhero

Yeah, that's not a good thing. It wasn't sustainable last time, and it wont be this time either.

b!z

legendary

Activity: 1582

Merit: 1010

Quote from: ehoffman on April 18, 2013, 08:14:28 PM

Well, 2½ days later and BTC more than doubled in value from 50$! And yet, it seem to be passing much more under the radar than when we gained 50% in a few days Tongue

+1, agreed

ehoffman

sr. member

Activity: 378

Merit: 250

Well, 2½ days later and BTC more than doubled in value from 50$! And yet, it seem to be passing much more under the radar than when we gained 50% in a few days Tongue

Topic: We are living the fastest growth ever! (Read 1516 times)