Quote from: Zarathustra on July 12, 2015, 11:35:43 AM

Quote from: lebing on July 12, 2015, 10:33:32 AM

Quote from: sinner on July 12, 2015, 09:52:17 AM

Quote from: Joerii on July 12, 2015, 07:55:36 AM

I don't understand. I thought the next bubble would usually produce a new ATH of at least 3x the previous one. Since that was 1200, this one should be between 3000 and 4000. Care to explain ?

i could be totally wrong, but i think hes saying we're gonna get to that 3x bubble through a series of smaller ones (head fakes, the first being smaller than ATH). i think he compared it to 2012: in summer 2012 the price ran from $5 to $16 in August (ATH was $32 at the time, but this was still a small bubble), then crashed to $6, then quickly recovered en route to $266 in the first 2013 bubble.

this is what i understood as well.

Yes, correct translation of our master's crypto speak.

Thanks

I love this thread. We're all acolytes of the Master, interpreting his Words.