Bitcoin Forum

Lots of steady buying volume, I wouldn't be surprised if we hit $200 by end of today.

thats my feel


while not even a bull, as this is not a market or even something that cannot be described by anthing to date


it is actually an expansion into and displacement of existing world currency value

a good drop would shake it out a bit....

anyway....remember this is a displacement even, not a rising market, or a market.

The Currecny value in typical other instruments exists, and is being displaced. Think about a pressure vessel, when there is a vacuum, (low pressure) and you open the valve to the high pressure system, the high pressure just rushes in, and does not rush out again. This is what is happening

yea, 200 fo sho by next couple days.

Why are people selling?

Are they stoopid?

Yes the smart selling spot would be at 197-199.99$ with an active buy order 5-15$ dollars less then that.

proudhon, is that you?

We can do it!  ;)

Bitcon,

Your signature is funny lol  :D

Jrock, 6% below 200 will be a huge resistance. good luck with your selling spot!

Lol nah, I'm not as cool as him.

It's just how it's been going lately, reach a resistance number, minor dip. Stagnate for a bit, then pass the big number.

I've made decent amount of coins just by placing sells and buys in resistant points like this in the past.

I'm not trading now though, just holding. But if I were to short what I have, that would be the sweet spot imo to attempt to buy in a bit cheaper. However, with how reckless people are now, I wouldn't be surprised to see it push right through 200 without a dip of any sort.

This is all because now you dont know what you are doing. You sold and tried to buy back in and ended up SHORT some bitcoins.

Oh right you are still in profit but the pig at heart inside you got the best of you lol.  ::) ::) ::)

You again  ;D

Only time I lost a decent amount of bitcoins on trading was in 2011. I haven't executed a bad trade since. I lost a decent amount of money in 2011, but learned quite a bit. Setting a sell and buy point in your head and never going against it does wonders.

You back pedal so often no one knows if your going or coming. lol

I think you have me figured wrong, I've been a bull forever, I just feel like this price increase is going up, up, and up for all the WRONG reasons and eventually will lead to a huge correction. Which is why I half cashed out and am just gonna sit on the rest and see what happens so I don't end up being a greedy bag holder ( happened to me in 2011)

I've actually been on these forums a decent amount before your register date. ( I didn't register for months) In fact I think I remember you first showing up, and I slightly remember a female in your avatar..True/false?  For some reason I assumed you were a scammer back in those days. I can't remember what gave me that idea.

The simpler times when everyone was scamming for Bitcoins, and they were still under 10$

:P

haha ignore what I say, that's cool.

I still want to know if you had a female of some sort in your avatar back in the good ole days.

 ::)

I'll take that as a yes.  8)

This last uptick has been a bit sudden. I think we'll see a minor correction over the next few days, and then pushing on to 200 around the end of the week.

$200 mark during the next 24 hours, my bet.

It hit $200 on bistamp already.

$200 by noon, $215 by the end of the day. $300 within 7 days.

a few bitcoin cents to be made here!
http://betsofbitco.in/item?id=1454

I disagree,I think we might cool off a bit to the mid-180's and think we've seen the height of the rally for now.The 200 Barrier has quite the resistance.

my deposit hasn't even hit yet (suppose to be today), so i think another push is coming.

Yeah I can see this for hours not days.

15,600 user queue at GOX for verification. Even if they put $500 each that is a ton of money coming in.

The bears think those 15,600 users are all waiting to get verified so they can sell their stockpile of bitcoin they have been sitting on.  It's going to crash the market when they get through verification!

I cannot imagine there are thousands of bears who have a large amount of Bitcoins and are only now suddenly getting a Mt.Gox account.
That doesn't make sense.

Is anybody worried some sort of hacker network may dump bitcoin by the thousands? This has been the only reason that has stopped me from buying a large amount of bitcoins.

https://i.imgur.com/3LcHI4U.png

"steady buying volume". we are skyrocketing through $200 before the sun sets.

People sell for different reasons.  If I was going to lose my house, and selling all my bitcoins would prevent that, I'd do it in a heart-beat.

And it's easy to forget:

For people to be buying bitcoin (or any commodity), there have to be other people selling them!

It looks like it hit 240 on bitcoin24 3 hours ago. :o

Do you think that a rise to $200 would help continue the rally or spark a huge selloff? I think, it being a psychological indicator, could be the start of a massive selloff.

The sell off has been going on all day; it doesn't generally happen after the barrier is passed.

That's called "resistance" :)  Once 200 is passed, it will be done, and we'll think about 250 :)  Same happened with 50, same happened with 100.