Bitcoin Forum

Economy => Speculation => Topic started by: ineededausername on January 05, 2012, 10:31:01 PM



Title: $7 today, in my opinion
Post by: ineededausername on January 05, 2012, 10:31:01 PM
It looks like we're taking off!


Title: Re: $7 today, in my opinion
Post by: ineededausername on January 05, 2012, 10:32:27 PM
13k to $7.  If the trend continues, we'll see $7 by midnight.


Title: Re: $7 today, in my opinion
Post by: ArsenShnurkov on January 05, 2012, 10:36:37 PM
It looks like we're taking off!

I will believe only after short liquidation or after the following levels:
6.25 + 6% (of squeese at 10:1) = 6.625
6.25 + 16% (of squeese at 5:1) = 7.25
6.25 + 36% (of squeese at 2.5:1) = 8.5
6.25 + 96% (of squeese at 1:1) = 12.25


Title: Re: $7 today, in my opinion
Post by: Litt on January 05, 2012, 10:37:46 PM
There you guys have it. ineedausername said it will be $7 by midnight! BUY BUY BUY!


Title: Re: $7 today, in my opinion
Post by: ineededausername on January 05, 2012, 10:38:31 PM
We just hit $6.5.  We're on track to reach the first liquidation target, which could cause a chain reaction.


Title: Re: $7 today, in my opinion
Post by: Patrick||Rodgers on January 05, 2012, 10:40:12 PM
13k to $7.  If the trend continues, we'll see $7 by midnight.

Your the Manipulator aren't you?    I can't take any chances so I'm gona put my tin foil hat on now.  ;)


Title: Re: $7 today, in my opinion
Post by: ineededausername on January 05, 2012, 10:41:12 PM
13k to $7.  If the trend continues, we'll see $7 by midnight.

Your the Manipulator aren't you?    I can't take any chances so I'm gona put my tin foil hat on now.  ;)

I predict spikes awfully accurately, don't I... ;)


Title: Re: $7 today, in my opinion
Post by: Serge on January 05, 2012, 10:43:57 PM
upcoming weekend will be full of fun )


Title: Re: $7 today, in my opinion
Post by: ineededausername on January 05, 2012, 10:47:26 PM
We're nearing the 10:1 liquidation target. 
Additionally, 6.6 used to be a strong support in the old days, was the site of an askwall days ago, and has now been breached.


Title: Re: $7 today, in my opinion
Post by: Litt on January 05, 2012, 10:52:30 PM
We're nearing the 10:1 liquidation target. 
Additionally, 6.6 used to be a strong support in the old days, was the site of an askwall days ago, and has now been breached.

Let the Zhoutonging commence! ;)


Title: Re: $7 today, in my opinion
Post by: ArsenShnurkov on January 05, 2012, 10:53:01 PM
has now been breached.

has now been Reached. And aggressively defended.


Title: Re: $7 today, in my opinion
Post by: ineededausername on January 05, 2012, 10:53:53 PM
The resistance is because 6.6 USD = 5 EUR, apparently.
edit: Never mind.  mtgoxEUR is 5.00 right now though.


Title: Re: $7 today, in my opinion
Post by: Tomatocage on January 05, 2012, 10:57:16 PM
I predict spikes awfully accurately, don't I... ;)

I'm still waiting on the correction back to $2.5-$3.0 that you claimed was going to happen by this weekend: https://bitcointalk.org/index.php?topic=55563.0

There's been a rally for an entire month... time for a correction.  I'm going to predict a target of around $2.5-3 for this correction, but definitely not <$2.  The correction will probably come in the next week or two.

^^^ Posted on 12/24/11  ::)


Title: Re: $7 today, in my opinion
Post by: StewartJ on January 05, 2012, 10:58:09 PM
13k to $7.  If the trend continues, we'll see $7 by midnight.

Your the Manipulator aren't you?    I can't take any chances so I'm gona put my tin foil hat on now.  ;)

I predict spikes awfully accurately, don't I... ;)


It's the magical middle finger


Title: Re: $7 today, in my opinion
Post by: ArsenShnurkov on January 05, 2012, 11:00:49 PM
I'm still waiting on the correction back to $2.5-$3.0


I told, i told, it was fake rally !!!

http://i43.tinypic.com/vndvrr.png

Down !!!


Title: Re: $7 today, in my opinion
Post by: Serge on January 05, 2012, 11:01:10 PM
I predict spikes awfully accurately, don't I... ;)

I'm still waiting on the correction back to $2.5-$3.0 that you claimed was going to happen by this weekend: https://bitcointalk.org/index.php?topic=55563.0

There's been a rally for an entire month... time for a correction.  I'm going to predict a target of around $2.5-3 for this correction, but definitely not <$2.  The correction will probably come in the next week or two.

^^^ Posted on 12/24/11  ::)

the sentiment has been long changed


Title: Re: $7 today, in my opinion
Post by: ineededausername on January 05, 2012, 11:02:05 PM
I'm still waiting on the correction back to $2.5-$3.0


I told, i told, it was fake rally !!!

Down !!!

After every up-spike, there is a down-spike.  This proves nothing ::)


Title: Re: $7 today, in my opinion
Post by: NamelessOne on January 05, 2012, 11:06:01 PM
I'm still waiting on the correction back to $2.5-$3.0


I told, i told, it was fake rally !!!


Down !!!

All rallies have corrections, there was nothing fake about this. It may continue to climb, or it may settle down. Nothing fake or unusual about this.


Title: Re: $7 today, in my opinion
Post by: Serge on January 05, 2012, 11:08:19 PM
we're flying to 7.4 tonight-tomorrow


Title: Re: $7 today, in my opinion
Post by: freshzive on January 05, 2012, 11:37:22 PM
Shit, I just saw it spike up to like 6.96. Then Mtgox Live crashed??


Title: Re: $7 today, in my opinion
Post by: Serge on January 05, 2012, 11:38:22 PM
Shit, I just saw it spike up to like 6.96. Then Mtgox Live crashed??

It's already 7!


Title: Re: $7 today, in my opinion
Post by: ArsenShnurkov on January 05, 2012, 11:42:27 PM
It's already 7!

Now we DEFINITELY need the correction...


Title: Re: $7 today, in my opinion
Post by: Patrick||Rodgers on January 05, 2012, 11:45:09 PM
There you guys have it. ineedausername said it will be $7 by midnight! BUY BUY BUY!

Hmmmmm.....   I'm calling shenanigans on ineedausername.  Can I get a second from the gallery?


Title: Re: $7 today, in my opinion
Post by: Swishercutter on January 05, 2012, 11:46:06 PM
Can we get some >$10 voodoo next?  


Title: Re: $7 today, in my opinion
Post by: Bro on January 05, 2012, 11:47:44 PM
Can we get some >$10 voodoo next?  

sure, this is a game, everything is possible


Title: Re: $7 today, in my opinion
Post by: DeathAndTaxes on January 05, 2012, 11:48:21 PM
It's already 7!

Now we DEFINITELY need the correction...

As a miner I would have no problem w/ a correction from $7.13 to $5.80.  :)


Title: Re: $7 today, in my opinion
Post by: Serge on January 05, 2012, 11:49:20 PM
only question is who would want to sell massive amounts now?!


Title: Re: $7 today, in my opinion
Post by: elux on January 05, 2012, 11:50:07 PM
 ;)

https://i.imgur.com/NG22P.png


Title: Re: $7 today, in my opinion
Post by: Litt on January 05, 2012, 11:51:33 PM
only question is who would want to sell massive amounts now?!

Only that one guy who thinks we will DEFINITELY correct now? Because the people who thought that at $5.8 have learned their lesson.  :D


Title: Re: $7 today, in my opinion
Post by: SgtSpike on January 05, 2012, 11:55:13 PM
I call a rally to $20, leading up to CES!


Title: Re: $7 today, in my opinion
Post by: Sitarow on January 05, 2012, 11:57:00 PM
I call a rally to $20, leading up to CES!

The odds of seeing 6.4 is far greater then $20 :)


Title: Re: $7 today, in my opinion
Post by: ineededausername on January 06, 2012, 12:05:22 AM
Just finished my dinner and saw $7 on the screen.  Well done, gentlemen.


Title: Re: $7 today, in my opinion
Post by: StewartJ on January 06, 2012, 12:48:37 AM
Just finished my dinner and saw $7 on the screen.  Well done, gentlemen.

Sold at $7.20 for a bit of profit taking.

Waiting for a bit of a pull back then back in for next rally.

Am I being too cautious?


Title: Re: $7 today, in my opinion
Post by: kjj on January 06, 2012, 01:22:21 AM
Just finished my dinner and saw $7 on the screen.  Well done, gentlemen.

Sold at $7.20 for a bit of profit taking.

Waiting for a bit of a pull back then back in for next rally.

Am I being too cautious?

Probably.  But you are in good company.


Title: Re: $7 today, in my opinion
Post by: FlipPro on January 06, 2012, 01:23:00 AM
Just finished my dinner and saw $7 on the screen.  Well done, gentlemen.

Sold at $7.20 for a bit of profit taking.

Waiting for a bit of a pull back then back in for next rally.

Am I being too cautious?
I think selling at this point is retarded... I already got burned on the way up to $5. Not doing that again..


Title: Re: $7 today, in my opinion
Post by: StewartJ on January 06, 2012, 01:52:36 AM
Just finished my dinner and saw $7 on the screen.  Well done, gentlemen.

Sold at $7.20 for a bit of profit taking.

Waiting for a bit of a pull back then back in for next rally.

Am I being too cautious?
I think selling at this point is retarded... I already got burned on the way up to $5. Not doing that again..

I just take little breaks for 1/2 day or so just in case the price tanks.  Yeah, I'm cautiously retarded: :)


Title: Re: $7 today, in my opinion
Post by: RyNinDaCleM on January 06, 2012, 04:34:49 AM
Just finished my dinner and saw $7 on the screen.  Well done, gentlemen.

Sold at $7.20 for a bit of profit taking.

Waiting for a bit of a pull back then back in for next rally.

Am I being too cautious?
I think selling at this point is retarded... I already got burned on the way up to $5. Not doing that again..

I just take little breaks for 1/2 day or so just in case the price tanks.  Yeah, I'm cautiously retarded: :)

Considering we've barely been over $7.20, I think you did fine. But it won't always work like that. So choose buying/selling points carefully, so as to not need to chase the train rolling away from you!


Title: Re: $7 today, in my opinion
Post by: Mark Oates on January 06, 2012, 04:45:00 AM
Quote
as to not need to chase the train rolling away from you!
I did that for about $.50 awhile back. :P  Then I was like, just buy the damn thing  >:(


Title: Re: $7 today, in my opinion
Post by: Crypt_Current on January 06, 2012, 04:49:35 AM
It's already 7!

Now we DEFINITELY need the correction...

This "rally" IS the correction, and it is just beginning.


Title: Re: $7 today, in my opinion
Post by: Sitarow on January 06, 2012, 08:56:51 AM
I call a rally to $20, leading up to CES!

The odds of seeing 6.4 is far greater then $20 :)

Well now that we have seen sub $6.4

$8 here we come!


Title: Re: $7 today, in my opinion
Post by: arepo on January 06, 2012, 09:10:20 AM
I call a rally to $20, leading up to CES!

The odds of seeing 6.4 is far greater then $20 :)

Well now that we have seen sub $6.4

$8 here we come!

but in the meantime the bid volume that seemed previously overwhelming has been decimated by the downward momentum and magical poofing walls. it seems equally as likely to correct the month-long rally as it is to continue ramping. we just witnessed a serious correction to the spike to 7 that could easily usher in a short-term reversal.


Title: Re: $7 today, in my opinion
Post by: notme on January 06, 2012, 09:12:59 AM
I call a rally to $20, leading up to CES!

The odds of seeing 6.4 is far greater then $20 :)

Well now that we have seen sub $6.4

$8 here we come!

but in the meantime the bid volume that seemed previously overwhelming has been decimated by the downward momentum and magical poofing walls. it seems equally as likely to correct the month-long rally as it is to continue ramping. we just witnessed a serious correction to the spike to 7 that could easily usher in a short-term reversal.

We escaped the looming head and shoulders... I think we'll at least flirt with 7.2 again before any reversal.


Title: Re: $7 today, in my opinion
Post by: Sitarow on January 06, 2012, 09:20:21 AM
I call a rally to $20, leading up to CES!

The odds of seeing 6.4 is far greater then $20 :)

Well now that we have seen sub $6.4

$8 here we come!

but in the meantime the bid volume that seemed previously overwhelming has been decimated by the downward momentum and magical poofing walls. it seems equally as likely to correct the month-long rally as it is to continue ramping. we just witnessed a serious correction to the spike to 7 that could easily usher in a short-term reversal.

At this time we can list many reasons for the increase in Bitcoin valuation. I am confident the project will experience a momentum that will play out in favor of higher prices.

However I hope that it will be at a sustainable price.


Title: Re: $7 today, in my opinion
Post by: ineededausername on January 06, 2012, 01:59:53 PM
I call a rally to $20, leading up to CES!

The odds of seeing 6.4 is far greater then $20 :)

Well now that we have seen sub $6.4

$8 here we come!

but in the meantime the bid volume that seemed previously overwhelming has been decimated by the downward momentum and magical poofing walls. it seems equally as likely to correct the month-long rally as it is to continue ramping. we just witnessed a serious correction to the spike to 7 that could easily usher in a short-term reversal.

When has a correction not happened in the history of spikes?
A correction, sometimes violent, will ALWAYS happen.  It's funny when bears come out and say it's the end of the world.  Look, we're back to 6.85 now.


Title: Re: $7 today, in my opinion
Post by: proudhon on January 06, 2012, 02:11:39 PM
I call a rally to $20, leading up to CES!

The odds of seeing 6.4 is far greater then $20 :)

Well now that we have seen sub $6.4

$8 here we come!

but in the meantime the bid volume that seemed previously overwhelming has been decimated by the downward momentum and magical poofing walls. it seems equally as likely to correct the month-long rally as it is to continue ramping. we just witnessed a serious correction to the spike to 7 that could easily usher in a short-term reversal.

When has a correction not happened in the history of spikes?
A correction, sometimes violent, will ALWAYS happen.  It's funny when bears come out and say it's the end of the world.  Look, we're back to 6.85 now.

A difference worth considering now is that it won't take as much BTC build-up on the ask side to overwhelm the bids.


Title: Re: $7 today, in my opinion
Post by: Bigpiggy01 on January 06, 2012, 03:02:42 PM
Quote
A difference worth considering now is that it won't take as much BTC build-up on the ask side to overwhelm the bids.


For sure a valid point and I think we might see a bit of that over the weekend like in April-May last year. But overall I'd still say that we're headed UP  ;D And taking that into consideration I don't really see too much selling pressure building up until we hit roughly 10 USD/BTC