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Topic: YOU ARE HERE - page 4. (Read 4925 times)

Rampion
legendary
Activity: 1148
Merit: 1018
Re: YOU ARE HERE
April 24, 2013, 05:35:03 AM
#10
    Quote from: ruski on April 24, 2013, 05:21:39 AM
    Since everybody is so fond of this picture on downturns.





    Well, we could be there or in the bull trap. To support that statement:

    • we already had a first sell off at around $27 (or/and during the first 2011 bubble)
    • we already had A LOT of media attention. Almost everybody know about BTC at this point.
    • we already had A LOT of enthusiasm, greed, delusion and "new paradigm" screamed all over
    • the bulls are now saying "return to normal, heading to the ATH"

    And then:

    • "smart money" come in at $5ish or earlier.
    • "awareness" phase has passed (everybody knows about BTC now, we made headlines in ALL the main world newspapers - didn't you notice?)
    • we really had a "mania phase", don't you think so?
    [/list]
    ruski
    full member
    Activity: 350
    Merit: 100
    Re: YOU ARE HERE
    April 24, 2013, 05:34:58 AM
    #9
    Quote from: NikolaTesla on April 24, 2013, 05:33:14 AM
    The first sell of was in 2011 and teh big  one was two weeks ago so obviously we're at return to normal.
    This shit is going to fall hard within the next few days. Bitcoin hangs from the thread that is mt. gox. If anything at all bad happens to them, the whole market is fucked.

    Haha, so we're headed down to ...breaks out the calculator $3? Being optimistic?
    NikolaTesla
    newbie
    Activity: 28
    Merit: 0
    Re: YOU ARE HERE
    April 24, 2013, 05:33:14 AM
    #8
    The first sell of was in 2011 and teh big  one was two weeks ago so obviously we're at return to normal.
    This shit is going to fall hard within the next few days. Bitcoin hangs from the thread that is mt. gox. If anything at all bad happens to them, the whole market is fucked.
    Miz4r
    legendary
    Activity: 1246
    Merit: 1000
    Re: YOU ARE HERE
    April 24, 2013, 05:31:02 AM
    #7
    Quote from: NikolaTesla on April 24, 2013, 05:23:51 AM
    We're at return to "normal"

    Wow I haven't heard that one before... *yawn*
    lebing
    legendary
    Activity: 1288
    Merit: 1000
    Enabling the maximal migration
    Re: YOU ARE HERE
    April 24, 2013, 05:28:46 AM
    #6
    Quote from: naphto on April 24, 2013, 05:26:21 AM
    "bull trap"

    lol. Seriously, when will people stop saying that.
    ruski
    full member
    Activity: 350
    Merit: 100
    Re: YOU ARE HERE
    April 24, 2013, 05:27:10 AM
    #5
    Quote from: NikolaTesla on April 24, 2013, 05:23:51 AM
    We're at return to "normal"

    If we blow past $250 this week, you'll be wrong.
    naphto
    sr. member
    Activity: 392
    Merit: 250
    Re: YOU ARE HERE
    April 24, 2013, 05:26:21 AM
    #4
    "bull trap"
    Hawker
    legendary
    Activity: 1218
    Merit: 1001
    Re: YOU ARE HERE
    April 24, 2013, 05:24:54 AM
    #3
    Nah.  We are still at the "Innovators/techies try it stage."  The real growth is a long way off.

    http://readwrite.com/2007/08/06/rethinking_crossing_the_chasm
    NikolaTesla
    newbie
    Activity: 28
    Merit: 0
    Re: YOU ARE HERE
    April 24, 2013, 05:23:51 AM
    #2
    We're at return to "normal"
    ruski
    full member
    Activity: 350
    Merit: 100
    Re: YOU ARE HERE
    April 24, 2013, 05:21:39 AM
    #1
    Since everybody is so fond of this picture on downturns.



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