Where To..

aleks said:
enough of this BS already. I want to see $200 or $2000
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It's not too late you can still come over to the Shibe side :lol: Plenty BTC = Much Doge, where do you think all those Litecoins went ?
 
I'm single-handedly destroying all crypto currencies.

My hedge fund is called Crypto-Short Capital. :P
 
Remind us how long you have been following bitcoin?
Not saying you are wrong but it's just interesting to see predictions being thrown around for no particular reason.
 
Stubborn little thing isn't it ? Just refuses to drop when it's supposed to.


Covered your shorts yet silversale ?
 
Meh, volume in BTC is actually pretty similar to the quiet period after the last crash :

chart1.png


However volume in $ value has significantly increased:

chart2.png



Of course not as many bitcoins are going to change hands when each goes from being worth $100 to $1,000.
 
Phiber said:
Meh, volume in BTC is actually pretty similar to the quiet period after the last crash
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??? Volume in that time has decreased by around 85% (around 15000 to around 2000 per day).?

Phiber said:
However volume in $ value has significantly increased:
Click to expand...
??? I don't see any increase since the high.?

Phiber said:
Of course not as many bitcoins are going to change hands when each goes from being worth $100 to $1,000.
Click to expand...
That is the point.
Volume drives price.
If volume is declining because of price, then price is too high for buyers.
 
If you are looking at it from a value changing hands perspective over the last say 10 days, volume is indeed higher now than it was on average over the mid July to October period.
And yes, volume is not as high as during high periods of volatility, but that too is the definition of volatility.

So when is this big crash due?


Here is a reminder of the long term log scale:

longterm.png
 
Let's offer another option for a general timeframe - say what within the next month or so?
 
We've been getting ready for a couple of weeks already - what's your timeframe?
 
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