The chance of a bitcoin crash is greater than 80%

in #bubble • 8 years ago

The researchers defined a bubble as a sharp price run-up over a two-year followed by at least a 40% drop over the subsequent two years. When the price run-up is 100% or more, they found the probability of a crash becomes 50%. When focusing on price run-ups of at least 150%, that probability becomes 80%. As price run-ups become even bigger, a crash becomes “nearly certain.”


https://www.marketwatch.com/amp/story/guid/6D6CF0C8-D3AF-11E7-8E50-41CEEA71C61F

#crash #bitcoin #cryptocurrency #steemit
8 years ago in #bubble by
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     8 years ago 

    Que sad trombones. However, I plan I buying the dip :)!

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     8 years ago 

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       8 years ago 

      One thing I am sure of is that Bitcoin is here to stay. Despite all odds, it keep moving.

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       8 years ago 

      This post has received a 9.49 % upvote from @sneaky-ninja thanks to: @discernente.

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         8 years ago 

        Couldn't agree more. Bitcoin's rise the last few months has been very unhealthy and unsustainable in the long term, i.e. bubble.

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           8 years ago 


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             8 years ago 

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               8 years ago 

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                 8 years ago 

                This post has received a 24.77 % upvote from @aksdwi thanks to: @discernente.

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                   8 years ago 

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