Bitcoin Forum

Economy => Speculation => Topic started by: bitcoin44me on July 08, 2013, 07:13:14 PM



Title: Be ready for the new rally coming...
Post by: bitcoin44me on July 08, 2013, 07:13:14 PM
https://bitcointalk.org/index.php?topic=252417.0

(...)

A year ago the high for the day was $6.88 per bitcoin.  Today the low so far was $72.5.  Sounds like an increase of $65.62 (853.78%) to me.

Perhaps you just meant since the beginning of this year (2013)?  Lets see...
Jan.1 the high for the day was $13.56.  Nope that's an increase of $58.94 (334.66%).

Maybe you meant the past 24 hours?
24 hours ago the exchange rate was $71.5.  At the moment the rate is $78.  That's in increase of 9% over 24 hours.

(...)


Title: Re: Be ready for the new rally coming...
Post by: Manna on July 08, 2013, 07:48:45 PM
Today we had the highest increase in price since 19 days. For me thats a good signal.


Title: Re: Be ready for the new rally coming...
Post by: samson on July 09, 2013, 01:00:18 PM
Today we had the highest increase in price since 19 days. For me thats a good signal.

Me too - it means we have further to fall and the further it falls the higher the momentum.


Title: Re: Be ready for the new rally coming...
Post by: lucas.sev on July 09, 2013, 01:08:36 PM
https://bitcointalk.org/index.php?topic=252417.0

(...)

A year ago the high for the day was $6.88 per bitcoin.  Today the low so far was $72.5.  Sounds like an increase of $65.62 (853.78%) to me.

Perhaps you just meant since the beginning of this year (2013)?  Lets see...
Jan.1 the high for the day was $13.56.  Nope that's an increase of $58.94 (334.66%).

Maybe you meant the past 24 hours?
24 hours ago the exchange rate was $71.5.  At the moment the rate is $78.  That's in increase of 9% over 24 hours.

(...)

Maybe you meant the past 3 months.
3 months ago the exchange rate was $266. At the moment the rate is $74. This is a 73% drop, or almost 4 time drop.


Title: Re: Be ready for the new rally coming...
Post by: bitcoin44me on July 11, 2013, 08:42:25 AM
Last price:$87.56300


Title: Re: Be ready for the new rally coming...
Post by: cosmicblue on July 11, 2013, 08:45:48 AM
Last price:$87.56300
  97.56300 tomorrow


Title: Re: Be ready for the new rally coming...
Post by: Nemo1024 on July 11, 2013, 09:02:44 AM
Last price:$87.56300
97.56300 tomorrow  ;)

...or 67.56300  :P


Title: Re: Be ready for the new rally coming...
Post by: bitcoin44me on July 11, 2013, 10:32:37 AM
It keeps going up! :)


Title: Re: Be ready for the new rally coming...
Post by: massivebitman on July 11, 2013, 10:41:33 AM
Maybe... But personally I think it's an overreaction

see my analysis
https://bitcointalk.org/index.php?topic=254231.0


Title: Re: Be ready for the new rally coming...
Post by: bitcoin44me on July 11, 2013, 12:44:23 PM
Maybe... But personally I think it's an overreaction

see my analysis
https://bitcointalk.org/index.php?topic=254231.0


You are assuming that btc should be worth xx USD for no reason.
1 btc was worth 250 USD a few weeks ago, and nothing has changed.
Actually, more shops are using btc, and the value should even be higher...

 ::)


Title: Re: Be ready for the new rally coming...
Post by: cosmicblue on July 12, 2013, 07:39:44 AM
Last price:$87.56300
Quote from: cosmicblue on July 11, 2013
97.56300 tomorrow
  97.56300 this morning!  100 ahead  ;)


Title: Re: Be ready for the new rally coming...
Post by: Zaih on July 12, 2013, 08:20:10 AM
Cya bears  ;)


Title: Re: Be ready for the new rally coming...
Post by: cosmicblue on July 12, 2013, 08:22:02 AM
103!  ;D


Title: Re: Be ready for the new rally coming...
Post by: vokain on July 12, 2013, 08:22:32 AM
Cya bears  ;)

Quote from: Your sig
If only...
:)


Title: Re: Be ready for the new rally coming...
Post by: cosmicblue on July 12, 2013, 08:33:00 AM
 99! Last chance to get in @ double-digit.


Title: Re: Be ready for the new rally coming...
Post by: Nemo1024 on July 12, 2013, 08:45:07 AM
98 on Bitstamp! Last chance to get in @ double-digit.
I'll wait for single-digits if it's all the same to you  ;D


Title: Re: Be ready for the new rally coming...
Post by: cosmicblue on July 12, 2013, 08:47:42 AM
98 on Bitstamp! Last chance to get in @ double-digit.
I'll wait for single-digits if it's all the same to you  ;D
 Sorry, but I got all in Feb. 2011. Still holding  :D


Title: Re: Be ready for the new rally coming...
Post by: bitcoin44me on July 12, 2013, 09:57:10 AM
inb4 triple digits!


Title: Re: Be ready for the new rally coming...
Post by: vokain on July 12, 2013, 09:58:24 AM
inb4 triple digits!

too late by an hour :)


Title: Re: Be ready for the new rally coming...
Post by: XXthetimeisnowXX on July 12, 2013, 06:58:23 PM
bear trap is happening you would not see this many big fish buy just to loss there money. a few sell off so that the big fish can buy more cheep coins. anything in the double digits is a good deal!!!


i see a slow inclrease with some up ticks like yesterday for the next three months. bewar the 140-150 range, peps be gettin scared and sellin then. i sold all at 130 and 110. then at 70 it was to damn tempting so i bought. just bout ten more but i dont think that was a well thought out plan more emotinal. never buy with emotions. and drunk haha bad bad bad. but if it holds at this price im good 50 bucks maid.


Title: Re: Be ready for the new rally coming...
Post by: Kouye on July 12, 2013, 08:03:40 PM
http://uppix.com/f-bsod51e0604c00135d41.png

This looks like a very nice orderbook to reach 3 digits before 24h, but I'm learning, so I might be completely wrong, and would like more insight, if I am.  :)


Title: Re: Be ready for the new rally coming...
Post by: Chalkbot on July 12, 2013, 08:17:12 PM
You're right that it looks good, but you also want to keep in mind that it's not a secret that people often make decisions based on these charts. That means that the things you see on them can be a result of someone who is placing orders to make things appear a certain way so that they can capitalize. At the same time, there is money and bitcoins in the market that are NOT on these charts, because the person holding them doesn't want others to have that information, so they wait for an opportunity and execute a market order to achive their objectives.

tl;dr
The chart should be considered with a grain of salt.


Title: Re: Be ready for the new rally coming...
Post by: Frozenlock on July 12, 2013, 08:19:27 PM
Order books (especially small ones like this one) are pretty much meaningless.

The recent selloff and rally where from BTCs and fiat not showing on the book.


Title: Re: Be ready for the new rally coming...
Post by: bitcon on July 12, 2013, 09:24:24 PM
brace yourselves!


Title: Re: Be ready for the new rally coming...
Post by: vokain on July 13, 2013, 06:13:16 AM
brace yourselves!


choo choo?