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Title: Rally or training for rally? Post by: wobber on November 07, 2013, 08:09:38 AM I find this rally very different from the last one in April. Doesn't mean our athlete here, bitcoin, can't be exhausted soon from this one too.
It seems to me that it's like it's training. Periods of sprints alternating with slow pace walks to allow cooldown. Which is pretty awesome for me. But makes me think: Is it training for some 41k(m) marathon soon to happen? Time will tell. BTW, $300 and I'll get drunk. Title: Re: Rally or training for rally? Post by: kehtolo on November 07, 2013, 08:17:57 AM You don't have too long to wait!!
Title: Re: Rally or training for rally? Post by: Jrock on November 07, 2013, 08:21:23 AM I'm already drunk, 3 am here, this is super entertaining to watch.
I sold at 296, what happens now? Does it crash and I profit or does it fly right past 300 and I /facepalm? Exciting either way :) Title: Re: Rally or training for rally? Post by: kehtolo on November 07, 2013, 08:22:51 AM 300!! crack open the bottle!
Title: Re: Rally or training for rally? Post by: Jrock on November 07, 2013, 08:35:41 AM Haha I'm impressed, time to drink /highfive for 300 mark. How far will it go? :O
Title: Re: Rally or training for rally? Post by: InwardContour on November 07, 2013, 08:38:45 AM i think we're heading past $500 here. this is a bit scary. glad i bought when i did, too bad i couldn't get in with more.... calling for a deep correction ~ $600-650 mark. :D
Title: Re: Rally or training for rally? Post by: piramida on November 07, 2013, 08:40:38 AM I summon four digits by xmas.
Title: Re: Rally or training for rally? Post by: Jrock on November 07, 2013, 08:44:32 AM i think we're heading past $500 here. this is a bit scary. glad i bought when i did, too bad i couldn't get in with more.... calling for a deep correction ~ $600-650 mark. :D Ya going well above 300, now. I feel silly for placing selling orders right under 300. But it's pretty much gambling. Now I have to decide if i want to buy back in higher or wait for a correction, seems like it's going up, up, up right this moment. You guys should SELL, SELL, SELL :) Title: Re: Rally or training for rally? Post by: wopwop on November 07, 2013, 09:39:22 AM This rally is different because you can't actually withdraw real money
In every trade the seller at some point must buy again Basicly the price of bitcoin will go to infinity or until basicly no one sells bitcoins anymore, at which point no one knows what they will be worth exactly I love it :D Thanks MtGox Title: Re: Rally or training for rally? Post by: kehtolo on November 07, 2013, 09:47:50 AM This rally is different because you can't actually withdraw real money In every trade the seller at some point must buy again Basicly the price of bitcoin will go to infinity or until basicly no one sells bitcoins anymore, at which point no one knows what they will be worth exactly I love it :D Thanks MtGox Who says everyone is on gox?? And as far as i know it's only USD affected on gox.. EUR JPY are okay. Besides, it IS different now. Last time the pin met the bubble when gox couldn't handle the traffic and people panicked. There is now more markets, more exchanges and a more distributed spread. Gox is no longer the only show in town. For this reason alone, this time is different. I saw all time highs being reached on many exchanges today. Where will it stop?? i have absolutely no idea. But it is one helluva fun ride. |