Bitcoin Forum

First trade at $5:


Seems finway (https://bitcointalk.org/index.php?action=profile;u=40315) is the winner of Goat's 2 BTC prize (https://bitcointalk.org/index.php?topic=55275.0;all).

Most fantastic!

My bet was Jan 20. Im looking like bear now.

geeks will rule the world...

http://girlgeekintraining.com/wp-content/uploads/2010/12/photo_movieMatrix-quoteSpoon.jpeg

and for a little extra i recommend reading on this (http://www.amazon.com/Geeks-Guide-World-Domination-Beautiful/dp/0307450341)

did u get ANY sleep last nite, what with it being News Years Eve and your bedside laptop?  LOL!

Haha, I managed a bit. A good solid three hours of sleep until 5am, at which point I randomly woke up, saw the price was $4.90 and got excited. After several minutes of trying to sleep again I left the room, laptop in hand, so as not to wake my gf. I was up for a couple more hours watching it at that price before I setup on the couch and coffee table. After a couple more hours of poor sleep, my trusty laptop fans woke me the moment it hit $5.15.

i love how you describe me to a tee!

Nice!

Haha, I just recall this, thanks Goat  ;)

1F9Fhzmc2Ytn2euEBJ2xq4JLDSvA7mBrLU

Is $5 going to be reached from the opposite side  :o

$5 has been defended pretty well so far!

I spoke too soon!   :P

Heh! You see all the orders just dropping out!!

Ya'll let me know when you want me to stop  8)

Yeah, but it won't go back up to five now everyone's got the jitters.

If you look back at this "crazy batman top" signal the spike was just his cape!

https://www.bitstamp.net/

What is a significant amount if I may ask? :)

Hello, I'm the bull who predicted the spike to $5. :)

Now I think we may be seeing a major correction to the rally, but I'm not too sure.  Today will determine the direction of the next week or two.

Hello, I'm one of the bears predicting we are going back to parity.

Yeah, pretty much we are going downwards again. This time I think we are going to fall pretty hard and fast.

10 day RSI is on 30, so its time to go up.  ;D

Or just a chain reaction of people getting zhoutong'd, panic sellings, and large holders bailing out while they can still get enough to buy a house.

I think our next target will be around 3,80-4,20? A correction is long overdue. After that I think we'll start rising again.

I don't think it will go that low. The banks have been closed for 3 days, and the market was rallying strongly the previous week, so I think there's a lot of cash in transit to Mt. Gox right now.  When it arrives, I think we'll head back up over $5, perhaps not today but definitely later this week.

Funny how $0.20 isn't what it used to be.  A rise from $4.80 to $5 is only a 4% increase in price.

There is a strong support at $4.8...
We are in a long steady upward trend.

It's been below 4.8 for 30 mins now? (and you posted this 5 minutes ago)

Yeah, hell even the $4.50 wall looks fake to me.

I believe we are in a strong both longterm and midterm trend towards $6.
 

My apologies, I forgot this was the longterm and midterm trend thread.  

Edit:  That came off a little harsher than I meant, was more of a joke/sarcasm. 

Im sorry to disappoint you all, but this is the official Mandark thread. And he says we going back to $5 now!

The price is recovering.  The crash may seem scary to some people, but keep in mind that two sells of 20k BTC would absolutely kill the market in the past, but it's already rebounding now.  I think we will see a full recovery by the end of the day, all the way to $5-5.1.

looks quiet regular
http://www.bitcoincharts.com/charts/mtgoxUSD#rg10ztgSzm1g10zm2g25zxzi4gCCIzvzl (http://www.bitcoincharts.com/charts/mtgoxUSD#rg10ztgSzm1g10zm2g25zxzi4gCCIzvzl)

$4.95, almost back to $5. Amusing, it could zig zag up and down for a while, but it is nice to see.

+1 it's going right back up.  Bulls are still in the lead :)

See you guys in the morning after the next dump. :)

I usually dump in the mornings, which may have something to do with why I missed this last spike down.  Gonna have to change my gastrointestinal patterns if I really want to make this margin trading thing work out.

Indeed, the bulls may still be in the lead even if it drops quite a bit further. We shall see what unfolds.

This is a normal reaction to a dump.  I don't think it'll go any higher (short term, I think we are stagnating).

We'll be sitting at $5 for a while now.  I predict another bullish wedge forming for continuation of the rally with $6 being reached next week, but not this week.  Possibly Tuesday or Wednesday next week?

A spike is coming in the next few days, but I don't know when, and it won't be a big one.  Get ready for quiet markets once it stabilizes.

Those bullish wedges have been fun.  ;D

$5 again!

http://i40.tinypic.com/25z2c5y.gif


And Mandark told me its not stopping here.