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We've seen Bitcoin become a bubble before: From 10/13/2013

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Thread replies: 14
Thread images: 3

We've seen Bitcoin become a bubble before:

From 10/13/2013 to 11/29/2013, BTC price shot up from 139 to 1242 (BTC/USD).

So it took roughly 1.5 months for the BTC bubble to peak.

The current BTC bubble began on roughly 03/24/2017 and right now it's 06/06/2017.

So it's been 2 months since the bubble began. Seems like it's going to burst soon, if we observe historical trends, no?
>>
>>2318033
2.5 months, sorry
>>
Yeah I thought it would have crashed by now. It started to crash from $2600 to $2000 and I thought it would keep going down, but then it just started rising again.
>>
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>>2318033
possible
>>
>>2318033
dont see how you can find 1 point in time and call it a ""trend""
>>
>>2318033
you realise that was mt gox not a demand bubble that crashed the price right?

>newfags detected
>>
Do I wait to buy BTC / ETH or not?
>>
mtgox wasnt a real bubble but may of 2013 was and it just slowly bled out for 6 months or so
>>
File: Screen Shot 2013-04-10 at 20.03.png (39KB, 840x333px) Image search: [Google]
Screen Shot 2013-04-10 at 20.03.png
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Can't wait.
>>
>>2318204
in finance, historical data is a trend
>>
>>2319347
why wait? Price just keeps going up. I thought it was too expensive last week at 236 and it almost hit 300 yesterday
>>
>>2320678
>I got fucked on the way up
>Why not get fucked on the way down too?
>>
>>2319347
would tai lopez wait for his lambo? no you gotta seize it right now friend
>>
>>2319314

yeah, but it cant keep growing at this rate forever. From a TA standpoint it needs to go down or at least stop growing at this insane rate.

BTC is a mess and not a long term hold unless they can sort the fees and transfer time out.
Thread posts: 14
Thread images: 3


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