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Bitcoin Bubble?

TeamTactical
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EDIT: SELL YOUR BITCOINS BEFORE THEY'RE WORTH LIKE $300 EACH.

 

I just want to post these three images and speculate on the possibility of the moment not being a good time to jump the bitcoin bandwagon.

Don't get me wrong, I love the idea of bitcoin as much as the rest of you but looking at these graphs and putting two and two together has led me to believe that now looks like the worst possible time to invest in BTC.

 

So what do you guys think? Do you agree? Disagree? Up until this point i've been skeptical of the "Bitcoin Bubble" claims but now it's starting to look like a possibility.

 

post-35179-0-60104100-1387287435.png

post-35179-0-95675400-1387287436.png

post-35179-0-95253000-1387287439.png

 

EDIT: Just for clarification, the first two images are the bitcoin valuation at various time scales pulled from http://bitcoinity.org/markets, while the third image is the typical "bubble".

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From what I've learned bitcoin won't stop existing, but for the value, I have no idea, I have no skill in economics

Stock coolers - The sound of bare minimum

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Time to start mining Litecoins then.

My Current Rig: CPU: i7 4790k @ 4.8Ghz CPU Cooler: H100i MOBO: Gigabyte Z97X SOC GPU: XFX Radeon HD 7950 Tahiti pro (Died 6/07/2014 RIP) & PowerColour HD7950  GPU Cooler: NZXT G10 W/ Corsair H55 HDD&SSD: Seagate Barracuda 1TB + Corsair GS 128GB + Samsung 840 EVO 250GB PSU: Corsair RM 750 Case: Fractal Design Arc Midi R2.  


 

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Time to start mining Litecoins then.

Litecoins have also dropped from $30 to $22 in the past week or two, litecoin is very closely tied to bitcoin in value.

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Time to start mining Litecoins then.

alot of people seem to be converting their litecoins into bitcoins for easy trade sooooo yeahhhh.....

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There will be allways falls. But the real question is: does bitcoin has upper limit? If it gets even more used, it can reach 2000, 3000, 5000, 10000, can you imagine world trade being made with bitcoin?

Also investing in litecoing is great right now, both mining and buying.

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At least dogecoin wasn't hit that hard. let the hate begin

such currency

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Litecoins have also dropped from $30 to $22 in the past week or two, litecoin is very closely tied to bitcoin in value.

Uhm at one point Litecoin almost touched 50$...

 

such currency

Much profit

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Just wait for some more big banks going after Bitcoins and there goes your bitcoin value.

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I started mining LTC today.  :P  :D  :lol:  :D  :P

It's bearly profitable in europe. :D

who cares...

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At least dogecoin wasn't hit that hard. let the hate begin

 

I did hate at first because I deemed it too herp even by internet standards, but doge is silly, doge is love, doge is life.  And also it's way easier to mine dogecoins and exchange for litecoins if you wish vs straight up mining litecoin.

 

 

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It's when the value is very low that it is worth buying. You wouldn't have to spend much and the value can almost only go up.

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Very Coins

wow

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At least dogecoin wasn't hit that hard. let the hate begin

To the moon!!! └(°ᴥ°)┘

"Never invest money you're not willing to lose." -ImplyingImplicati0ns

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Holy shit guys it just keeps going down. Just reached a low of $577.

 

If you have bitcoins still, I'd be selling like crazy. Buy them back when they're cheaper guys.

 

I was going to invest but it really is a downward spiral right now.

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Damn i traded a few of my litecoins for bitcoins when it was worth 860 better hold on to them.

i7 4770k/Asus GTX 1080 TI/Asus RX5500 XT/Corsair Vengeance Pro 16GB/Samsung 840 Pro 256GB/Seagate Barracuda 3TB/AX860i/ASUS Z87 PRO/Fractal Design Define R4/HD 598

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Damn i traded a few of my litecoins for bitcoins when it was worth 860 better hold on to them.

If Bitcoin crashes, Litecoin may very well follow soon after. I'd get out of the whole business while they're still decently valuable and then buy when the crash has been fully completed.

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It's happenings, 460 dollar/bitcoin

 

11.5 dollar/litecoin

 

Hold off for a bit longer and it's gonna be time to start buying coins! :D

(\__/)

(='.'=)

(")_(") This is Bunny.

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Anyone who was wanting to pick up a 7950/7970/280X but couldn't, watch ebay for people who are in despair selling their mining equipment. I might pick up a couple if they become abundant and cheap enough ;)

You keep using that word. I do not think it means what you think it means.
Users cannot, and will not securely manage key material. Most users can't and the ones that can, wont.

Ask me about Bitcoin, Litecoin, Crypto-Currencies, and/or Mining them.

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Anyone who was wanting to pick up a 7950/7970/280X but couldn't, watch ebay for people who are in despair selling their mining equipment. I might pick up a couple if they become abundant and cheap enough ;)

 

Haha, yes. Maybe the 7950 will start selling for 7950 prices as they should and not inflated to GTX 780 turf.

 

 

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Anyone who was wanting to pick up a 7950/7970/280X but couldn't, watch ebay for people who are in despair selling their mining equipment. I might pick up a couple if they become abundant and cheap enough ;)

Still not happening :(

If BTC go under 300$ I WILL buy!

Network/Homelab build log Main PC: "Aqua Blue"  Server: 15TB+ "Blue Lightning"

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Still not happening :(

If BTC go under 300$ I WILL buy!

 

Bitcoin's on sale just in time for the holidays! 

 

Bearish short term.

Bullish long term.

 

Bitcoin/Litecoin are far to disruptive of a technology to just go away ;)

I'm just waiting for China to run out of coins to sell hehe

You keep using that word. I do not think it means what you think it means.
Users cannot, and will not securely manage key material. Most users can't and the ones that can, wont.

Ask me about Bitcoin, Litecoin, Crypto-Currencies, and/or Mining them.

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So at what value are you guys going to start buying up? And how many will you buy?

 

I'm going to wait until it looks like it's steadily going up again before buying in.

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