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Title: Mt Gox BTC Rates 14.3 HIGH! Post by: innervisi0nn on June 03, 2011, 05:02:09 PM I shat my pants this morning when I saw Mt Gox @ 14.3.
Nice little spike eh? Title: Re: Mt Gox BTC Rates 14.3 HIGH! Post by: Dobrodav on June 03, 2011, 05:06:23 PM Well - there is will be drop off in weekend. Do not loose opportunity. ;)
Title: Re: Mt Gox BTC Rates 14.3 HIGH! Post by: innervisi0nn on June 03, 2011, 05:09:57 PM Well - there is will be drop off in weekend. Do not loose opportunity. ;) I expect prices to go up on 6/6/11 as well after the drop-off. Well see what happens! Title: Re: Mt Gox BTC Rates 14.3 HIGH! Post by: the_viper on June 03, 2011, 08:23:24 PM Do the prices fluctuate much as from what i read it seems to be only upwards?
Think I'm going to have to jump on board and buy some as It's taking em a while to workout the best mining method Title: Re: Mt Gox BTC Rates 14.3 HIGH! Post by: Dude65535 on June 03, 2011, 08:35:15 PM There have been big drops in the past and regular dips over weekends when money stops flowing into peoples trading accounts.
Title: Re: Mt Gox BTC Rates 14.3 HIGH! Post by: TraderTimm on June 03, 2011, 09:00:46 PM I may be a newbie here, but not to trading. From what I can see on the Mt. Gox charts, it looks like it could consolidate around the 11 - 12 level after a small selloff and still maintain the trend. When plotted on a logarithmic chart, it really has a solid uptrend on a good angle. This is important, because typically exponential 'blowoffs' adhere to a much different pattern, which is more akin to 'bubbles' and 'manias'. I consider bitcoin neither, and will continue to buy outright.
Title: Re: Mt Gox BTC Rates 14.3 HIGH! Post by: innervisi0nn on June 03, 2011, 09:19:28 PM I may be a newbie here, but not to trading. From what I can see on the Mt. Gox charts, it looks like it could consolidate around the 11 - 12 level after a small selloff and still maintain the trend. When plotted on a logarithmic chart, it really has a solid uptrend on a good angle. This is important, because typically exponential 'blowoffs' adhere to a much different pattern, which is more akin to 'bubbles' and 'manias'. I consider bitcoin neither, and will continue to buy outright. Well said. Title: Re: Mt Gox BTC Rates 14.3 HIGH! Post by: chris200x9 on June 04, 2011, 04:19:55 PM over $17 now!
Title: Re: Mt Gox BTC Rates 14.3 HIGH! Post by: Bazil on June 04, 2011, 09:53:56 PM yeah this is ridicules, but I'm not complaining.
Title: Re: Mt Gox BTC Rates 14.3 HIGH! Post by: TraderTimm on June 04, 2011, 10:17:08 PM Might as well update my chartology-outlook-eyeballin' forecast.
With the recent rise to nearly 18, the only historical reference I have is the breakout from the 4 are to 8 from mid-may. If we apply this to the breakout from 10, you *could* say that the eventual high may be 20, before consolidating around the 15 area. Guess we'll see. Certainly makes for an exciting weekend :) |