Bitcoin Forum

Economy => Speculation => Topic started by: dhenson on May 24, 2013, 07:23:58 PM



Title: Amazingly thin ceiling, Price about to take off.
Post by: dhenson on May 24, 2013, 07:23:58 PM
Check out Clark Moody group by $5 / 1000 lines.  There are less than 100k BTC for sale on the entire market.  This is the lowest I've seen it.
(it's historically been over 170k)
The combination of the MtGox account seizure and AsicMiner PT share purchases has caused a mass exodus of BTC being for sale on the market.  Add to that an increase in people using other exchanges and MtGox is amazingly thin.

I expect the price to continue to rise in the short term. Hold on to your hats, we're at the beginning of a new bubble.


Title: Re: Amazingly thin ceiling, Price about to take off.
Post by: colour on May 24, 2013, 07:25:54 PM
IT'S BITCOIN BUBBLE RALLY TIME!!! (With a baseball bat)


Title: Re: Amazingly thin ceiling, Price about to take off.
Post by: gimme_bottles on May 24, 2013, 07:26:11 PM
There are less than 100k BTC for sale on the entire market.  This is the lowest I've seen it.

mtgox is losing significant market shares at the moment, so its no surprise the amount of BTC falls.


Title: Re: Amazingly thin ceiling, Price about to take off.
Post by: ronaldlee0917 on May 24, 2013, 07:26:26 PM
The sky is the limit


Title: Re: Amazingly thin ceiling, Price about to take off.
Post by: ElectricMucus on May 24, 2013, 07:27:26 PM
Greed is the limit

FTFY


Title: Re: Amazingly thin ceiling, Price about to take off.
Post by: adamstgBit on May 24, 2013, 07:28:15 PM
ya,

we might see a complete lack of supply launch us into new alltime highs  :o

its kinda scary...


Title: Re: Amazingly thin ceiling, Price about to take off.
Post by: gimme_bottles on May 24, 2013, 07:31:53 PM
so think of this:
people leave mtgox, the orderbook shrinks, so the price moves faster. other exchanges keep following mtgox. this leads us to an epic bupple.

<--- see my avatar  ;D ;D


Title: Re: Amazingly thin ceiling, Price about to take off.
Post by: Frozenlock on May 24, 2013, 07:42:51 PM
ya,

we might see a complete lack of supply launch us into new alltime highs  :o

its kinda scary...

Wait, so now if we move $10 in a day it's scary?
The last few days have made you weak!


Title: Re: Amazingly thin ceiling, Price about to take off.
Post by: glendall on May 24, 2013, 07:56:39 PM
Well OP called it pretty well.

I thought pretty much all day we were in for a $5 drop.

But yup: I was totally wrong. BTC is going so strong right now.


Title: Re: Amazingly thin ceiling, Price about to take off.
Post by: nicolazza on May 24, 2013, 08:18:18 PM
"Slow and steady wins the race."

key word: slow


Title: Re: Amazingly thin ceiling, Price about to take off.
Post by: samson on May 24, 2013, 08:25:25 PM
"Slow and steady wins the race."

key word: slow

Good luck with that. In the past I've noted that the higher it rises the faster it seems to rise.


Title: Re: Amazingly thin ceiling, Price about to take off.
Post by: nicolazza on May 25, 2013, 09:36:17 AM
"Slow and steady wins the race."

key word: slow

Good luck with that. In the past I've noted that the higher it rises the faster it seems to rise.

...and the faster it falls  ;D


Title: Re: Amazingly thin ceiling, Price about to take off.
Post by: phatsphere on May 25, 2013, 09:51:05 AM
up up to the mooooon!

http://i1004.photobucket.com/albums/af166/MacWriter/Decorated%20images/TAURUS.jpg


Title: Re: Amazingly thin ceiling, Price about to take off.
Post by: Crypt_Current on May 25, 2013, 11:20:19 PM

This is the least dudely bullish pic I've seen on the forum yet :-D


Title: Re: Amazingly thin ceiling, Price about to take off.
Post by: noedaRDH on May 25, 2013, 11:47:10 PM
http://www.thezooom.com/wp-content/uploads/2013/05/Crazy-Bull.jpg


Title: Re: Amazingly thin ceiling, Price about to take off.
Post by: thezerg on May 26, 2013, 12:03:59 AM

where do you guys find this stuff!?!?  seriously are there gif meme websites that u guys troll all day 4 pics??


Title: Re: Amazingly thin ceiling, Price about to take off.
Post by: Zaih on May 26, 2013, 06:36:51 AM
Bubble number.... nvm


Title: Re: Amazingly thin ceiling, Price about to take off.
Post by: hl5460 on May 26, 2013, 06:51:20 AM
There are less than 100k BTC for sale on the entire market.  This is the lowest I've seen it.

mtgox is losing significant market shares at the moment, so its no surprise the amount of BTC falls.

good point!
As of right now, the trade volume of top 4 exchange:
1. Mtgox:15,033
2. Bitstamp:4,598
3. Btcchina:3,293
4. Btc-e:2,742


or check out in the following website(autorefresh every 30 seconds):
http://price.btcfans.com/


Title: Re: Amazingly thin ceiling, Price about to take off.
Post by: sturle on May 26, 2013, 07:00:19 AM
There are less than 100k BTC for sale on the entire market.  This is the lowest I've seen it.
mtgox is losing significant market shares at the moment, so its no surprise the amount of BTC falls.
good point!
As of right now, the trade volume of top 4 exchange:
1. Mtgox:15,033
2. Bitstamp:4,598
3. Btcchina:3,293
4. Btc-e:2,742
This is only counting USD trades at MtGox, and it on a very slow day.  MtGox's market share ususally shoots up when the market starts moving.  The other exchanges don't have enough in their order books.


Title: Re: Amazingly thin ceiling, Price about to take off.
Post by: phatsphere on May 26, 2013, 09:36:32 AM
where do you guys find this stuff!?!?  seriously are there gif meme websites that u guys troll all day 4 pics??
images.google.com -> search for "taurus" instead of "bull"