Here we have the latest bubble pattern advanced forward up the trend line.
Comments
Anima87
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Just came back for this chart - seems like the china BS is suppressing the price quite alot.. will we see a break downwards or will we see an explosive growth in price within the next month? - what you you believe?
Anima87
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Hi dude
Just wanted to let you know i extrapolated the red lines further for the fun of it. Post is here. I'm directing people to you since you did all the work and therefore deserve all the credit.
Hi, it's fun to extend the lines in that way but I don't feel comfortable doing that. We have clearly been in a period of exponential growth and so far we are conforming to the pattern. But there is no guarantee that the pattern will continue indefinitely.
Anima87
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I agree.. but in these times with bitcoin becomes less and less worth, it's nice to think that there are warmer times around the corner :)
But like i've stated in my post, i just did it for the fun of it.. However, i do believe that we are still going to experience high amount of growth the coming years.. we are still a clear minority and when mass adoption hits, the coin can be 100k worth :)