Bitcoin Forum

Economy => Speculation => Topic started by: ineededausername on February 09, 2012, 08:48:09 PM



Title: Rocket is secretly taking off
Post by: ineededausername on February 09, 2012, 08:48:09 PM
We might be about to break 5.8... there's been a steady bid volume for the last few hours.
edit: Thread renamed ;D


Title: Re: Buying pressure!
Post by: the joint on February 09, 2012, 08:51:47 PM
We might be about to break 5.8... there's been a steady bid volume for the last few hours.

Things are starting to look quite bullish again.  That $6.05 wall is only there because some dude bought 10,000 BTC at $5.95 a few days ago.  Imagine the ask side without that wall or the $5.85 wall.  Also, I'm liking the makeup of the Bids.  It's a steep slope of smaller bids which suggests to me that greater numbers of people are looking to buy.



Title: Re: Buying pressure!
Post by: ineededausername on February 09, 2012, 08:53:55 PM
2k btc left! 


Title: Re: Buying pressure!
Post by: Hexadecibel on February 09, 2012, 09:09:01 PM
I just want it to stay below 6 by friday. Moving funds into gox is slower than fast


Title: Re: Buying pressure!
Post by: ineededausername on February 09, 2012, 09:10:03 PM
Yay, 5.82 high... all aboard the rally train!


Title: Re: Buying pressure!
Post by: kentrolla on February 09, 2012, 09:15:34 PM
dat volatility


Title: Re: Buying pressure!
Post by: cheat_2_win on February 09, 2012, 09:51:08 PM
I just want it to stay below 6 by friday. Moving funds into gox is slower than fast

My fund won't get there till Tuesday  :( . I am hoping market will crash one more time for me to buy cheaper.


Title: Re: Buying pressure!
Post by: Oldminer on February 09, 2012, 10:02:49 PM
Go the bears!   ;D


Title: Re: Buying pressure!
Post by: Electricbees on February 09, 2012, 10:22:09 PM
dat volatility

https://i.imgur.com/L7qZj.png


Title: Re: Buying pressure!
Post by: ineededausername on February 09, 2012, 10:22:35 PM
UP!  Buy to 5.85!
edit: holy shit ask walls coming down! Hallelujah!
edit2: 5.90!


Title: Re: Buying pressure!
Post by: SlaveInDebt on February 09, 2012, 10:23:55 PM
I don't know what's real anymore.


Title: Re: Rocket is secretly taking off
Post by: Hexadecibel on February 09, 2012, 10:34:50 PM
Nooooooooooooooooo!!! My careful plans! Damn you dwolla!

oh well. I'd buy at over six....


Title: Re: Buying pressure!
Post by: Sitarow on February 09, 2012, 10:46:54 PM
UP!  Buy to 5.85!
edit: holy shit ask walls coming down! Hallelujah!
edit2: 5.90!

its thurday afternoon


Title: Re: Rocket is secretly taking off
Post by: Hexadecibel on February 09, 2012, 10:50:37 PM
Quote
its thurday afternoon

Never could quite get the hang of thursdays


Title: Re: Rocket is secretly taking off
Post by: legitnick on February 10, 2012, 01:02:00 AM
SELL SELL SELL!!!!!!!


Title: Re: Buying pressure!
Post by: Oldminer on February 10, 2012, 01:06:30 AM
UP!  Buy to 5.85!
edit: holy shit ask walls coming down! Hallelujah!
edit2: 5.90!

its thurday afternoon

Wait..you mean tomorrows Friday and omg can I say it..THE WEEKEND  :o


Title: Re: Buying pressure!
Post by: proudhon on February 10, 2012, 01:12:13 AM
UP!  Buy to 5.85!
edit: holy shit ask walls coming down! Hallelujah!
edit2: 5.90!

its thurday afternoon

Wait..you mean tomorrows Friday and omg can I say it..THE WEEKEND  :o

Shit!  Everyone sell!


Title: Re: Rocket is secretly taking off
Post by: SgtSpike on February 10, 2012, 01:15:39 AM
You know, it only happened because I sold all my coins @ 5.72.  It happens Every. Freaking. Time.

I never sell at the right time.


Title: Re: Rocket is secretly taking off
Post by: bittenbob on February 10, 2012, 01:18:38 AM
You know, it only happened because I sold all my coins @ 5.72.  It happens Every. Freaking. Time.

I never sell at the right time.

I never sell or buy all my coins at one price. I have them staggered over a very large price range so no matter what happens I tend to win.


Title: Re: Rocket is secretly taking off
Post by: Hexadecibel on February 10, 2012, 03:27:36 AM
Quote
I predict that it will continue to go up, probably until it starts coming down.


r u a wizard


Title: Re: Rocket is secretly taking off
Post by: Elwar on February 10, 2012, 03:33:32 AM
WOO HOO!!!


TO THE MOOOON!!!!


Title: Re: Rocket is secretly taking off
Post by: Hexadecibel on February 10, 2012, 03:34:52 AM
Quote
WOO HOO!!!


TO THE MOOOON!!!!

no no no no no no... it has to stay below six before saturday. for my sake. :p


Title: Re: Rocket is secretly taking off
Post by: notme on February 10, 2012, 03:36:17 AM
Quote
WOO HOO!!!


TO THE MOOOON!!!!

no no no no no no... it has to stay below six before saturday. for my sake. :p

Why Saturday?


Title: Re: Rocket is secretly taking off
Post by: Hexadecibel on February 10, 2012, 03:45:07 AM
because on friday my funds get to mt.gox ;)


Title: Re: Rocket is secretly taking off
Post by: kentrolla on February 10, 2012, 03:49:00 AM
sorry buddy. its going to be 8 dollars right before your fund gets there :(


Title: Re: Rocket is secretly taking off
Post by: Hexadecibel on February 10, 2012, 03:49:41 AM
nyyyyuuuuuuuuuuuuu


Title: Re: Rocket is secretly taking off
Post by: legitnick on February 10, 2012, 03:50:01 AM
SELL  ;D


Title: Re: Rocket is secretly taking off
Post by: ineededausername on February 10, 2012, 03:50:30 AM
9650 BTC to $6... let's see whether we can get past this barrier.


Title: Re: Rocket is secretly taking off
Post by: Hexadecibel on February 10, 2012, 03:51:58 AM
I think it's kind of amazing that it ever got to $30 last june. what was that? CIA money?


Title: Re: Rocket is secretly taking off
Post by: ineededausername on February 10, 2012, 03:54:59 AM
I think it's kind of amazing that it ever got to $30 last june. what was that? CIA money?

Well, back then, there was hardly any ask depth, so the price sort of coasted up.  You could buy 5000 BTC and it would go up 10%.


Title: Re: Rocket is secretly taking off
Post by: RyNinDaCleM on February 10, 2012, 03:57:04 AM
I think it's kind of amazing that it ever got to $30 last june. what was that? CIA money?

MUCH, much less depth.
No fear of giant sells.
Everyone was helping push it. It was sort of a "dollar signs in the eyes" group effort.

I think it's kind of amazing that it ever got to $30 last june. what was that? CIA money?

Well, back then, there was hardly any ask depth, so the price sort of coasted up.  You could buy 5000 BTC and it would go up 10%.

Heh! I remember the $5 swings, and everyone was buying hard.


Title: Re: Rocket is secretly taking off
Post by: byronbb on February 10, 2012, 05:28:36 AM
I think it's kind of amazing that it ever got to $30 last june. what was that? CIA money?

Well, back then, there was hardly any ask depth, so the price sort of coasted up.  You could buy 5000 BTC and it would go up 10%.

AND there was no way to short.


Title: Re: Rocket is secretly taking off
Post by: Hexadecibel on February 10, 2012, 06:45:54 PM
Quote
9650 BTC to $6... let's see whether we can get past this barrier.

I did my part :)


Title: Re: Rocket is secretly taking off
Post by: hatshepsut on February 10, 2012, 08:04:27 PM
9650 BTC to $6... let's see whether we can get past this barrier.

14k now


Title: Re: Rocket is secretly taking off
Post by: ineededausername on February 10, 2012, 08:05:27 PM
9650 BTC to $6... let's see whether we can get past this barrier.

14k now

Damn, new 3k BTC wall... but we'll get past it.


Title: Re: Rocket is secretly taking off
Post by: hatshepsut on February 10, 2012, 08:11:22 PM
Rough times ahead, buckle up.


Title: Re: Rocket is secretly taking off
Post by: trogdorjw73 on February 10, 2012, 08:17:34 PM
9650 BTC to $6... let's see whether we can get past this barrier.

14k now

Damn, new 3k BTC wall... but we'll get past it.
By "we" I assume you mean "someone else that thinks this is a good idea, and hopefully my posts will be the prod they need"? Because, while I'm quite happy to see BTC prices going up, I sure as hell am not buying into the market at these prices. Thankfully, I've got plenty of Radeon GPUs to mine with, and at the current prices I make ~3x what I spend in electricity from selling the BTC. So far, my speculation attempts have sadly been lacking. I'm not more of a weekly (weakly?) trader, setting my buy/sell limits further apart in hopes of catching the large spikes.

Some look at the charts and say, "Wow, only 40K BTC more and we clear $6.10 and then there's very little resistance!" I on the other hand look at the current charts and think, "Wow, there's a big 40K wall that's only $0.15 away from our current price. If the people who make up that wall decide to sell now, 40K BTC would push us back to $5.50, and might trigger some concern to let it fall further." So, I'll sit back with my buy price of $5.50 and hope it gets filled, and then we'll rebound back up to the current $5.90 range.

/Fingers Crossed


Title: Re: Rocket is secretly taking off
Post by: cheat_2_win on February 10, 2012, 08:26:03 PM
9650 BTC to $6... let's see whether we can get past this barrier.

14k now

Damn, new 3k BTC wall... but we'll get past it.
By "we" I assume you mean "someone else that thinks this is a good idea, and hopefully my posts will be the prod they need"? Because, while I'm quite happy to see BTC prices going up, I sure as hell am not buying into the market at these prices. Thankfully, I've got plenty of Radeon GPUs to mine with, and at the current prices I make ~3x what I spend in electricity from selling the BTC. So far, my speculation attempts have sadly been lacking. I'm not more of a weekly (weakly?) trader, setting my buy/sell limits further apart in hopes of catching the large spikes.

Some look at the charts and say, "Wow, only 40K BTC more and we clear $6.10 and then there's very little resistance!" I on the other hand look at the current charts and think, "Wow, there's a big 40K wall that's only $0.15 away from our current price. If the people who make up that wall decide to sell now, 40K BTC would push us back to $5.50, and might trigger some concern to let it fall further." So, I'll sit back with my buy price of $5.50 and hope it gets filled, and then we'll rebound back up to the current $5.90 range.

/Fingers Crossed

So, even when you say you are not going to buy "at the current prices", you have buy order set for $5.5. That means, I assume, you are betting that the price won't go below that at any near future if nothing drastic happens. For me that is a sign of bullish market in itself.


Title: Re: Rocket is secretly taking off
Post by: hatshepsut on February 10, 2012, 08:26:37 PM
I sure as hell just bought more.   ;D


Title: Re: Rocket is secretly taking off
Post by: proudhon on February 10, 2012, 08:38:39 PM
Seems like there's lots of posturing going on right now on the order book.


Title: Re: Rocket is secretly taking off
Post by: trogdorjw73 on February 10, 2012, 09:45:22 PM
9650 BTC to $6... let's see whether we can get past this barrier.

14k now

Damn, new 3k BTC wall... but we'll get past it.
By "we" I assume you mean "someone else that thinks this is a good idea, and hopefully my posts will be the prod they need"? Because, while I'm quite happy to see BTC prices going up, I sure as hell am not buying into the market at these prices. Thankfully, I've got plenty of Radeon GPUs to mine with, and at the current prices I make ~3x what I spend in electricity from selling the BTC. So far, my speculation attempts have sadly been lacking. I'm not more of a weekly (weakly?) trader, setting my buy/sell limits further apart in hopes of catching the large spikes.

Some look at the charts and say, "Wow, only 40K BTC more and we clear $6.10 and then there's very little resistance!" I on the other hand look at the current charts and think, "Wow, there's a big 40K wall that's only $0.15 away from our current price. If the people who make up that wall decide to sell now, 40K BTC would push us back to $5.50, and might trigger some concern to let it fall further." So, I'll sit back with my buy price of $5.50 and hope it gets filled, and then we'll rebound back up to the current $5.90 range.

/Fingers Crossed

So, even when you say you are not going to buy "at the current prices", you have buy order set for $5.5. That means, I assume, you are betting that the price won't go below that at any near future if nothing drastic happens. For me that is a sign of bullish market in itself.
Well, I've only got about $50 left in MtGox right now, and I'm hoping we'll get some swings back and forth on the price. If we get a slow but steady drop towards my buy price, I'll drop it down some more. I've had a few occasions where I caught a 10% swing in price three times in less than an hour; sadly, it hasn't ever happened when I had $300 worth of BTC available.


Title: Re: Rocket is secretly taking off
Post by: ineededausername on February 11, 2012, 02:32:16 AM
High: 5.99... feels like we're about to go over.

Walls might come down soon, and we'll be in the biggest Bitcoin rally ever.


Title: Re: Rocket is secretly taking off
Post by: Oldminer on February 12, 2012, 12:30:57 AM
http://farm5.static.flickr.com/4096/4867207504_a018ca9dc4.jpg

 ;D


Title: Re: Rocket is secretly taking off
Post by: the joint on February 12, 2012, 04:44:29 AM
I think the Challenger is taking off.  I heard zhoutong is at the helm.


Title: Re: Rocket is secretly taking off
Post by: cbeast on February 12, 2012, 04:50:02 AM
I think the Challenger is taking off.  I heard zhoutong is at the helm.
Kinda bad taste. Try to pick a tragedy a little older than that.  :-\


Title: Re: Rocket is secretly taking off
Post by: Crypt_Current on February 12, 2012, 04:50:54 AM
I think the Challenger is taking off.  I heard zhoutong is at the helm.
+1


Title: Re: Rocket is secretly taking off
Post by: notme on February 12, 2012, 04:52:16 AM
I think the Challenger is taking off.  I heard zhoutong is at the helm.
Kinda bad taste. Try to pick a tragedy a little older than that.  :-\

That happened before I was born  :-\.


Title: Re: Rocket is secretly taking off
Post by: the joint on February 12, 2012, 10:31:16 AM
I think the Challenger is taking off.  I heard zhoutong is at the helm.
Kinda bad taste. Try to pick a tragedy a little older than that.  :-\

Like Kennedy's assassination?


Title: Re: Rocket is secretly taking off
Post by: BTCurious on February 12, 2012, 12:46:02 PM
Like Whitney Houston's career?


Too early?


Title: Re: Rocket is secretly taking off
Post by: Cluster2k on February 12, 2012, 12:56:40 PM
Like Whitney Houston's career?


Too early?

By many accounts she loved to partake in certain illegal substances.  Maybe she took a walk on the Silk Road once too often.


Title: Re: Rocket is secretly taking off
Post by: GeniuSxBoY on February 12, 2012, 08:19:44 PM
Like Whitney Houston's career?


Too early?


too late


Title: Re: Rocket is secretly taking off
Post by: cbeast on February 12, 2012, 08:23:47 PM
Like Whitney Houston's career?


Too early?


too late









The difference is that Bitcoin cannot die.











Title: Re: Rocket is secretly taking off
Post by: GeniuSxBoY on February 12, 2012, 08:27:58 PM
Goonies never say die


Title: Re: Rocket is secretly taking off
Post by: SlaveInDebt on February 12, 2012, 08:31:46 PM
Goonies never say die

http://youtu.be/aMj0t7sds7I ...the rocket is taking off!


Title: Re: Rocket is secretly taking off
Post by: the joint on February 12, 2012, 08:49:40 PM
Like Whitney Houston's career?


Too early?

First it was Amy Whohouse, now it's Whitney Whoston.


Title: Re: Rocket is secretly taking off
Post by: Oldminer on February 13, 2012, 02:57:36 AM
Theres an old saying:

“Be Fearful When Others Are Greedy And Greedy When Others Are Fearful” - Warren Buffett

and

“There's an old saying in Tennessee - I know it's in Texas, probably in Tennessee...that says, fool me once, shame on...shame on you. Fool me...you can't get fooled again.”  ;D


Title: Re: Rocket is secretly taking off
Post by: ineededausername on February 13, 2012, 03:13:13 AM
Theres an old saying:

“Be Fearful When Others Are Greedy And Greedy When Others Are Fearful” - Warren Buffett

and

“There's an old saying in Tennessee - I know it's in Texas, probably in Tennessee...that says, fool me once, shame on...shame on you. Fool me...you can't get fooled again.”  ;D

I'm just playing my permabull role in the Spec forum.  Don't hate on me :)


Title: Re: Rocket is secretly taking off
Post by: Oldminer on February 13, 2012, 03:30:34 AM
Theres an old saying:

“Be Fearful When Others Are Greedy And Greedy When Others Are Fearful” - Warren Buffett

and

“There's an old saying in Tennessee - I know it's in Texas, probably in Tennessee...that says, fool me once, shame on...shame on you. Fool me...you can't get fooled again.”  ;D

I'm just playing my permabull role in the Spec forum.  Don't hate on me :)


Nah no hate man.


Title: Re: Rocket is secretly taking off
Post by: legitnick on February 13, 2012, 03:51:19 AM
http://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gif


Title: Re: Rocket is secretly taking off
Post by: arepo on February 13, 2012, 03:54:28 AM
“There's an old saying in Tennessee - I know it's in Texas, probably in Tennessee...that says, fool me once, shame on...shame on you. Fool me...you can't get fooled again.”  ;D

what a sage


Title: Re: Rocket is secretly taking off
Post by: RyNinDaCleM on February 13, 2012, 03:55:30 AM

Where's the shoot?  :D


Title: Re: Rocket is secretly taking off
Post by: Oldminer on February 13, 2012, 03:59:04 AM
“There's an old saying in Tennessee - I know it's in Texas, probably in Tennessee...that says, fool me once, shame on...shame on you. Fool me...you can't get fooled again.”  ;D

what a sage

Aww..what happened to the rocket to the moon you been telling everyone about for weeks?


Title: Re: Rocket is secretly taking off
Post by: legitnick on February 13, 2012, 04:28:12 AM
http://ihavenoideawhatiamdoing.com/wp-content/uploads/2011/08/dog_science.jpg


Title: Re: Rocket is secretly taking off
Post by: cbeast on February 13, 2012, 05:10:47 AM
I just can't get enough of this ROCKETZZ!!!111iii!!1!
http://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gifhttp://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gifhttp://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gifhttp://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gifhttp://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gif
http://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gifhttp://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gifhttp://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gifhttp://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gifhttp://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gif
http://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gifhttp://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gifhttp://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gifhttp://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gifhttp://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gif
http://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gifhttp://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gifhttp://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gifhttp://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gifhttp://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gif
http://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gifhttp://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gifhttp://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gifhttp://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gifhttp://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gif


Title: Re: Rocket is secretly taking off
Post by: deepceleron on February 13, 2012, 05:27:53 AM
Go Go Bitcoin Rocket!
http://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gifhttp://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gifhttp://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gifhttp://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gifhttp://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gifhttp://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gifhttp://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gifhttp://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gifhttp://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gifhttp://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gifhttp://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gifhttp://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gif
http://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gif
http://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gif
http://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gif
http://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gif
http://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gif
http://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gif
http://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gif
http://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gif
http://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gif
http://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gif
http://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gifhttp://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gif
http://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gif
http://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gif
http://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gif
http://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gif
http://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gif
http://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gif
http://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gif
http://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gif
http://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gif
http://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gifhttp://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gifhttp://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gifhttp://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gifhttp://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gifhttp://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gifhttp://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gifhttp://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gifhttp://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gifhttp://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gifhttp://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gifhttp://gifs.gifbin.com/092011/1316796031_closecall_rocket_crash.gif