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Topic: When will this bubble pop? (Read 6842 times)

hero member
Activity: 616
Merit: 500
August 17, 2012, 02:56:17 PM
#86
When will this bubble pop?



Right now
legendary
Activity: 1036
Merit: 1002
August 17, 2012, 02:55:59 PM
#85

Yep, I guess we got a very precise answer for that.

This is actually not a random timing: Friday in the US, after an over-heated rally. Look at the main bubble, it also started its main drop on a Friday. (And the order book looked very similar at the time.)
legendary
Activity: 1022
Merit: 1000
hero member
Activity: 778
Merit: 1002
August 17, 2012, 02:42:40 PM
#83
Pop!
legendary
Activity: 1008
Merit: 1000
August 17, 2012, 02:40:37 PM
#82
No bubble here so no popping either... but I am selling some at these levels as we are in dire need of a pullback.  The technical are maxed out on every time scale from what I can see and its going to be more profitable to be a bear for the next couple days/weeks I think.

Well with last nights spikes my trading funds are now all USD... Nice daily doji candle could turn into red volume very easily... daily slow stoch has crossed down. 

I say the top is in.

Just wanted to point out the I was wrong...

Should I rebuy in for a loss like the rest of the tempbears?

Only missed it by a day
legendary
Activity: 1120
Merit: 1003
August 17, 2012, 10:43:32 AM
#81
It's pretty hockey-stickish when you look at a year-long chart.

The tricky thing is that it could just be a reflection of how bad things are going with fiat...or a bubble.   Undecided
hero member
Activity: 1652
Merit: 569
Catalog Websites
August 17, 2012, 10:27:41 AM
#80
u guys are forgetting that when this bubble pops mtgox will just crash, revealing the bear's move.
legendary
Activity: 2044
Merit: 1000
August 17, 2012, 09:12:28 AM
#79
No bubble here so no popping either... but I am selling some at these levels as we are in dire need of a pullback.  The technical are maxed out on every time scale from what I can see and its going to be more profitable to be a bear for the next couple days/weeks I think.

Well with last nights spikes my trading funds are now all USD... Nice daily doji candle could turn into red volume very easily... daily slow stoch has crossed down. 

I say the top is in.

Just wanted to point out the I was wrong...

Should I rebuy in for a loss like the rest of the tempbears?

Bitcoin prices can only go up.  Bitcoin will continue it's inexorable %10 weekly daily rise.  Anyone who buys now, will be billionaires.  Those who don't, will be stuck with worthless fiat currency and live in tents.

I spit out my coffee when I read this.  Bravo sir. 
full member
Activity: 222
Merit: 100
August 17, 2012, 09:11:52 AM
#78
Bitcoin prices can only go up.  Bitcoin will continue it's inexorable %10 weekly daily rise.  Anyone who buys now, will be billionaires.  Those who don't, will be stuck with worthless fiat currency and live in tents.
You forgot the "" Smiley
legendary
Activity: 1008
Merit: 1000
August 17, 2012, 09:08:57 AM
#77
No bubble here so no popping either... but I am selling some at these levels as we are in dire need of a pullback.  The technical are maxed out on every time scale from what I can see and its going to be more profitable to be a bear for the next couple days/weeks I think.

Well with last nights spikes my trading funds are now all USD... Nice daily doji candle could turn into red volume very easily... daily slow stoch has crossed down. 

I say the top is in.

Just wanted to point out the I was wrong...

Should I rebuy in for a loss like the rest of the tempbears?

Bitcoin prices can only go up.

I thought the same thing last summer.

Its kinda sad to see the market hasnt learned its lesson.
full member
Activity: 129
Merit: 100
August 17, 2012, 09:03:49 AM
#76
No bubble here so no popping either... but I am selling some at these levels as we are in dire need of a pullback.  The technical are maxed out on every time scale from what I can see and its going to be more profitable to be a bear for the next couple days/weeks I think.

Well with last nights spikes my trading funds are now all USD... Nice daily doji candle could turn into red volume very easily... daily slow stoch has crossed down. 

I say the top is in.

Just wanted to point out the I was wrong...

Should I rebuy in for a loss like the rest of the tempbears?

Bitcoin prices can only go up.  Bitcoin will continue it's inexorable %10 weekly daily rise.  Anyone who buys now, will be billionaires.  Those who don't, will be stuck with worthless fiat currency and live in tents.
legendary
Activity: 1008
Merit: 1000
August 17, 2012, 07:38:24 AM
#75
No bubble here so no popping either... but I am selling some at these levels as we are in dire need of a pullback.  The technical are maxed out on every time scale from what I can see and its going to be more profitable to be a bear for the next couple days/weeks I think.

Well with last nights spikes my trading funds are now all USD... Nice daily doji candle could turn into red volume very easily... daily slow stoch has crossed down. 

I say the top is in.

Just wanted to point out the I was wrong...

Should I rebuy in for a loss like the rest of the tempbears?
hero member
Activity: 756
Merit: 501
There is more to Bitcoin than bitcoins.
August 16, 2012, 08:47:45 PM
#74
you really think the people of the world would let a govt. tax them for collecting rainwater?  there would hopefully be a very strong resistance to any bs like this. i have enough faith in people that we wont let this kind of crap happen.  they wouldnt have enough police to try and stop everyone from collecting rainwater.

You are an optimist, aren't you?

Gary Harrington, Oregon Resident, Sentenced To Jail For Stockpiling Rainwater
Posted: 08/16/2012
http://www.huffingtonpost.com/2012/08/16/gary-harrington-oregon-water-rainwater_n_1784378.html

 


does one man really need 13 million gallons of water all for himself? it doesnt take that much water to grow a garden
to feed a family. 
Bitcon, try this one, then let's get back on topic:
 http://jamesptaylor.wordpress.com/2007/11/29/bolivia-bechtel-and-the-fight-for-public-water/
legendary
Activity: 2212
Merit: 1008
August 16, 2012, 05:56:22 PM
#73
you really think the people of the world would let a govt. tax them for collecting rainwater?  there would hopefully be a very strong resistance to any bs like this. i have enough faith in people that we wont let this kind of crap happen.  they wouldnt have enough police to try and stop everyone from collecting rainwater.

You are an optimist, aren't you?

Gary Harrington, Oregon Resident, Sentenced To Jail For Stockpiling Rainwater
Posted: 08/16/2012
http://www.huffingtonpost.com/2012/08/16/gary-harrington-oregon-water-rainwater_n_1784378.html

 


does one man really need 13 million gallons of water all for himself? it doesnt take that much water to grow a garden
to feed a family. 
legendary
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
August 16, 2012, 05:39:39 PM
#72
http://www.golemxiv.co.uk/2012/08/a-waiting-game/ :

I have read the article and it begs the question: Is it really the banks not willing to lend or is that many people are not willing to borrow?

Article refers to borrowing by businesses, not consumers. But it is just a detail. The point is that in a shock economy they will be able to get everything for peanuts as always, in order to transform us in s/t worse than medieval serfs. The funny thing is that all this is possible using our money.
legendary
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
August 16, 2012, 05:33:32 PM
#71
you really think the people of the world would let a govt. tax them for collecting rainwater?  there would hopefully be a very strong resistance to any bs like this. i have enough faith in people that we wont let this kind of crap happen.  they wouldnt have enough police to try and stop everyone from collecting rainwater.

You are an optimist, aren't you?

Gary Harrington, Oregon Resident, Sentenced To Jail For Stockpiling Rainwater
Posted: 08/16/2012
http://www.huffingtonpost.com/2012/08/16/gary-harrington-oregon-water-rainwater_n_1784378.html

 
legendary
Activity: 2282
Merit: 1050
Monero Core Team
August 16, 2012, 05:26:52 PM
#70
There is even the chance that the whole world economy "pops" at once before the BTC price. Anyway the banksters have the same expectations of all the BTC bulls here:

From: http://www.golemxiv.co.uk/2012/08/a-waiting-game/ :

"I don’t think the banks will lend in to the real economy because they calculate that such a socially useful strategy gives low returns to them. Should they ‘defect’ from this generous strategy and chose instead the selfish strategy of ‘hoard and wait’ then they could make not just a large return but an epic one. They could emerge as owners of everything people will need in order to rebuild their lives. Water, power, rail, hospitals, you name it.

This is what the banks are waiting for. And our politicians are giving them our money so they can."

I have read the article and it begs the question: Is it really the banks not willing to lend or is that many people are not willing to borrow?
legendary
Activity: 2212
Merit: 1008
August 16, 2012, 05:22:09 PM
#69
you really think the people of the world would let a govt. tax them for collecting rainwater?  there would hopefully be a very strong resistance to any bs like this. i have enough faith in people that we wont let this kind of crap happen.  they wouldnt have enough police to try and stop everyone from collecting rainwater.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
August 16, 2012, 05:21:19 PM
#68
I've thought so many times that the new high at the time must be the top. I've been wrong every time.

Up we go.
Me too. But I won't do another non-automated trade, intuition based trading is just too ineffective.
hero member
Activity: 1302
Merit: 502
August 16, 2012, 05:18:28 PM
#67
I've thought so many times that the new high at the time must be the top. I've been wrong every time.

Up we go.
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