Hello, Bitcoin!
I think I'm gonna buy.
Topic: Where do you think we are in the bubble? - page 3. (Read 10071 times)
Bye, bye, fiat!
Hello, Bitcoin!
I think I'm gonna buy.
Hello, Bitcoin!
I think I'm gonna buy.
Typical reactions on hearing your diagnosis or that of a loved are:
Feeling numb
Unable to express emotion
Anger
Wanting more information
Unable to take in information
Shock
Wanting to talk things over
Denial
Grief
Fear
Depression
However, there is a typical emotional process that most people with a terminal illness go through. In 1969, Elisabeth Kubler-Ross identified the stages of death and dying in her book ‘On Death and Dying’. The basic five stages are:
Denial - I can’t be dying.
Anger - Why me? I don't deserve to have this disease.
Bargaining - If I am good or if I give up x, then maybe I will live longer.
Depression - What is the point of carrying on?.
Acceptance - OK, I know I’m dying but I’m prepared.
haha i like the graph. acceptance that bitcoin's goin uppp Feeling numb
Unable to express emotion
Anger
Wanting more information
Unable to take in information
Shock
Wanting to talk things over
Denial
Grief
Fear
Depression
However, there is a typical emotional process that most people with a terminal illness go through. In 1969, Elisabeth Kubler-Ross identified the stages of death and dying in her book ‘On Death and Dying’. The basic five stages are:
Denial - I can’t be dying.
Anger - Why me? I don't deserve to have this disease.
Bargaining - If I am good or if I give up x, then maybe I will live longer.
Depression - What is the point of carrying on?.
Acceptance - OK, I know I’m dying but I’m prepared.
Typical reactions on hearing your diagnosis or that of a loved are:
Feeling numb
Unable to express emotion
Anger
Wanting more information
Unable to take in information
Shock
Wanting to talk things over
Denial
Grief
Fear
Depression
However, there is a typical emotional process that most people with a terminal illness go through. In 1969, Elisabeth Kubler-Ross identified the stages of death and dying in her book ‘On Death and Dying’. The basic five stages are:
Denial - I can’t be dying.
Anger - Why me? I don't deserve to have this disease.
Bargaining - If I am good or if I give up x, then maybe I will live longer.
Depression - What is the point of carrying on?.
Acceptance - OK, I know I’m dying but I’m prepared.
Feeling numb
Unable to express emotion
Anger
Wanting more information
Unable to take in information
Shock
Wanting to talk things over
Denial
Grief
Fear
Depression
However, there is a typical emotional process that most people with a terminal illness go through. In 1969, Elisabeth Kubler-Ross identified the stages of death and dying in her book ‘On Death and Dying’. The basic five stages are:
Denial - I can’t be dying.
Anger - Why me? I don't deserve to have this disease.
Bargaining - If I am good or if I give up x, then maybe I will live longer.
Depression - What is the point of carrying on?.
Acceptance - OK, I know I’m dying but I’m prepared.
SELL SELL SELL!!!
No, you should have done that two hours ago when people were saying "buy, buy, buy".
Now is when you "buy, buy, buy".
+1 we've already bounced. gotta anticipate market movements, not react to them. unless you want to be a bag holder.
yes, this is what i try to do with cycle theory; it allows one to anticipate or time the turns. its not always easy.
so you're in the bull camp now?
of course not. but you should certainly not sell at the bottom of the first leg of a correction. wait for a bounce, and a second top for the (lower) high.
and if you're daytrading, which could be very profitable during these times of volatility, you should buy at the microterm bottoms like the $18.00 low, again to sell at the next top before we go downside for good
it would be hilarious if i was so terrible at analysis that i switched camps right when we've finally topped off...
If the past is any indicator of how this market works, that leveling off will occur by overshooting the level-off point by a large margin, then undershooting it by a large margin, then bouncing around a few times before quieting down.
+1 that; BTC finds actual market price via wild swings. Hopefully, these swings would get milder with time, but for now we'll definitely overshoot.
All Data Log
No bubble here..
Look, swings already get a lot milder, I dont see an overshoot yet...
I'm a bit desperate, when do the BTC community will understand that log (%) scale charts are much more appropriate ! o.O
Been there, done that. Log charts were all the rage in 2011.
Ah, but we have a longer history to put on those log charts, and doesn't it look nice, the curve is smoothing out, to me it looks like the price will stabilize somewhere between 30-100 USD per BTC.
I agree that is a reasonable target range, although I think (or maybe just hope) we will be a $20 long enough to pick up a few more BTC.
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It's all fun and games until somebody loses an eye
If the past is any indicator of how this market works, that leveling off will occur by overshooting the level-off point by a large margin, then undershooting it by a large margin, then bouncing around a few times before quieting down.
+1 that; BTC finds actual market price via wild swings. Hopefully, these swings would get milder with time, but for now we'll definitely overshoot.
All Data Log
No bubble here..
Look, swings already get a lot milder, I dont see an overshoot yet...
I'm a bit desperate, when do the BTC community will understand that log (%) scale charts are much more appropriate ! o.O
Been there, done that. Log charts were all the rage in 2011.
Ah, but we have a longer history to put on those log charts, and doesn't it look nice, the curve is smoothing out, to me it looks like the price will stabilize somewhere between 30-100 USD per BTC.
Where do you think we are in the bubble?
SELL SELL SELL!!!
No, you should have done that two hours ago when people were saying "buy, buy, buy".
Now is when you "buy, buy, buy".
+1 we've already bounced. gotta anticipate market movements, not react to them. unless you want to be a bag holder.
yes, this is what i try to do with cycle theory; it allows one to anticipate or time the turns. its not always easy.
so you're in the bull camp now?
If the past is any indicator of how this market works, that leveling off will occur by overshooting the level-off point by a large margin, then undershooting it by a large margin, then bouncing around a few times before quieting down.
+1 that; BTC finds actual market price via wild swings. Hopefully, these swings would get milder with time, but for now we'll definitely overshoot.
All Data Log
No bubble here..
Look, swings already get a lot milder, I dont see an overshoot yet...
I'm a bit desperate, when do the BTC community will understand that log (%) scale charts are much more appropriate ! o.O
Been there, done that. Log charts were all the rage in 2011.
No, you should have done that two hours ago when people were saying "buy, buy, buy".
Now is when you "buy, buy, buy".
Now is when you "buy, buy, buy".
I know, I just wanted everyone to crash the market so I could clean up
I made 2 BTC on shorting that "bounce"
Where do you think we are in the bubble?
SELL SELL SELL!!!
No, you should have done that two hours ago when people were saying "buy, buy, buy".
Now is when you "buy, buy, buy".
+1 we've already bounced. gotta anticipate market movements, not react to them. unless you want to be a bag holder.
Where do you think we are in the bubble?
SELL SELL SELL!!!
Oh, that bubble. Yes the viability of Bitcoin itself was in question as if the whole thing was a fad.
Heh. I'm glad people think that was a bubble. I am buying all the bitcoin I can as fast as I can, and will until I no longer need to.+1
Me too
For at least 6 month... I'm buying BTC with all availlable spare money, in the familly budget, after food it's written Bitcoin
There was a 3millionUSD red volume bar at 17 and the price broke UP. Comparing the bitcoin market of today and the market of a year ago is pointless. The price is not set by the past, and moreover, even if one wished to draw a "trend", the fundamentals are way different. The network has survived examination by a cadre of nerds and hackers. A gambling site profited 400,000USD in 1 month with AN OVERHEAD OF $1200, a drug bazzar operates openly on the darknet. ETC ETC ETC.
ETC ETC = A big online gabling site is about to accept BTC, like WorldPress did.. You can now buy BTC in wallmarts, 7/11, etc.. numbers of btc-willing merchant online/offline are now doubling every few month.. halving happened, network hashing power will soar, ASIC are now fact.. peoples are more and more bored of tha banking system,.. more and more peoples are being abused of the Govt way to manage funds, taxes, unemployement numbers are cheated, CPI is way too much cheated ! Real "common" folks began to awake about all this too much faked economy.. BTC are almost unknown today ! Let see the demand in few years ! ETC ETC ETC.
People do not panic buy in a bubble (unless they're shorting, which isn't the case with bitcoin). Never have, never will. They only panic sell. The buying part involves hubris and arrogance, the looking at exponential growth in charts and thinking it can only go up from here. There's no panic involved, just greed.
The 'panic buy' meme comes from those who are already invested and want others to push the price higher.
The 'panic buy' meme comes from those who are already invested and want others to push the price higher.
In a bubble people will buy out of panic, there is not enough panic in the market yet--nothing close to what we had last time. People are still buying quite cautiously, and many are buying to spend, many are dumping, usually in huge amount, no single day long green candle yet, if this is a bubble, then perhaps all great long-term price rises should be classified as bubbles as well. I am not saying that the price would not go down, I just don't think it's a bubble-not yet.
+1
If the past is any indicator of how this market works, that leveling off will occur by overshooting the level-off point by a large margin, then undershooting it by a large margin, then bouncing around a few times before quieting down.
+1 that; BTC finds actual market price via wild swings. Hopefully, these swings would get milder with time, but for now we'll definitely overshoot.
All Data Log
No bubble here..
Look, swings already get a lot milder, I dont see an overshoot yet...
I'm a bit desperate, when do the BTC community will understand that log (%) scale charts are much more appropriate ! o.O
Charts are great - but we aren't in a bubble here - This is the expected result of the block reward halving should level off at some point soon (between 24 and 30).
? We all knew the block reward was coming. Its not like everyone is just realizing it.
Before block reward, miners had twice the amount of BTC to sell.. Now that half is generated, this put a significant upward presure..
Before halving, most big sell pushing down were from miner.. those big sell are halve ... Look at the chart since the halving.. it's obvious..
Ok, investor/speculator have tought about the incomming halving.. but IMO, this halving had remove half of the downward presure.
A miner should sell the same % of mined coin, before and after the halving. It's in %.. Like all those nice chart that are paste here and there, all are in unit... they sould be in % (log).. Much more realistic..
Everyone calling for a bubble, should look in the % (Log) chart for a more realistic, mathematic, investor POV !
Log scale should be the norm... not unit scale !
Oh, that bubble. Yes the viability of Bitcoin itself was in question as if the whole thing was a fad.
Heh. I'm glad people think that was a bubble. I am buying all the bitcoin I can as fast as I can, and will until I no longer need to. 
There was a 3millionUSD red volume bar at 17 and the price broke UP. Comparing the bitcoin market of today and the market of a year ago is pointless. The price is not set by the past, and moreover, even if one wished to draw a "trend", the fundamentals are way different. The network has survived examination by a cadre of nerds and hackers. A gambling site profited 400,000USD in 1 month with AN OVERHEAD OF $1200, a drug bazzar operates openly on the darknet. ETC ETC ETC.
Oh, that bubble. Yes the viability of Bitcoin itself was in question as if the whole thing was a fad.
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