5 ms·

Crash is coming. In less then 30 days.

• shubb 14y ago
  I agree, you just need to look at the graph: http://i2.cdn.turner.com/money/dam/assets/130327160138-chart-bitcoin-620xa.png http://i2.cdn.turner.com/money/dam/assets/130327160138-chart... That doesn't mean the crash will kill Bitcoin though. In the longer term, government regulation may do that. A lot of fiscal policy, e.g. high taxes when withdrawing investment from china, or more significantly this [1] are very hard to pull off with something like bitcoin around. Thus it must die. [1] http://www.bbc.co.uk/news/business-17301032 http://www.bbc.co.uk/news/business-17301032
  • Fuzzwah 14y ago
    Crashes come when the log scale graph looks like that. At the moment it looks pretty healthy: http://bitcoincharts.com/charts/chart.png?width=940&m=mtgoxUSD&SubmitButton=Draw&r=180&i=&c=0&s=&e=&Prev=&Next=&t=S&b=&a1=&m1=10&a2=&m2=25&x=0&i1=&i2=&i3=&i4=&v=1&cv=0&ps=0&l=1&p=0&#38 http://bitcoincharts.com/charts/chart.png?width=940&m=mt...;
    • shubb 14y ago
      What you posted sounds sensible, but it looks like we did get a crash: http://arstechnica.com/business/2013/04/bitcoin-crashes-losing-nearly-half-of-its-value-in-six-hours/ http://arstechnica.com/business/2013/04/bitcoin-crashes-losi...
      • Fuzzwah 14y ago
        I was indeed wrong, glad my wife gave me the evil eye when I started talking about buying ~5 BTC at around $190 because I was starting to get confident that it'd climb to ~$500 before it crashed. Wives hey.
• zalzane 14y ago
  Based off of what monetary statistics do you make this claim? Who is going to crash the coin - and how?