Bitcoin Forum

Economy => Speculation => Topic started by: Mageant on August 09, 2012, 02:11:56 PM



Title: $12!!!!!!
Post by: Mageant on August 09, 2012, 02:11:56 PM
OMG we just hit $12 and we didn't even notice because of the $1 Billion glitch.
 :D


Title: Re: $12!!!!!!
Post by: Kluge on August 09, 2012, 02:13:17 PM
It seems the same error as before caused the $12.80 jump. Disappearing sell orders.


Title: Re: $12!!!!!!
Post by: elux on August 09, 2012, 02:13:43 PM
Asks disappeared, price shot to $12.888. Trading promptly stopped.


Title: Re: $12!!!!!!
Post by: SaintFlow on August 09, 2012, 02:14:25 PM
if you ask me the ask should disappear a lot more often


Title: Re: $12!!!!!!
Post by: Mageant on August 09, 2012, 02:14:47 PM
Now the high is down to $11.98998, sooo close!


Title: Re: $12!!!!!!
Post by: elux on August 09, 2012, 02:35:29 PM

Now the high is down to $11.98998, sooo close!


I sold a bunch at 11.95, and some at 11.97.
Bought back the next minute around 11.60.

My coins were intact after trading resumed.

Current depth to 33.00000 is 11280 BTC.
Trading today could go very well or very badly.


Title: Re: $12!!!!!!
Post by: cloon on August 09, 2012, 03:05:22 PM
it sucks that gox interrupted this panic buying again! >:(
but buying pressure will come soon again... this spike was not a invalid trade


Title: Re: $12!!!!!!
Post by: cloon on August 09, 2012, 03:08:29 PM
boah look at btcnCNY:
http://bitcoincharts.com/charts/chart.png?width=940&m=btcnCNY&SubmitButton=Draw&r=10&i=Hourly&c=0&s=&e=&Prev=&Next=&t=S&b=&a1=&m1=10&a2=&m2=25&x=0&i1=&i2=&i3=&i4=&v=1&cv=0&ps=0&l=1&p=0&


Title: Re: $12!!!!!!
Post by: Mageant on August 09, 2012, 03:33:37 PM
It seems we hit $12 for real now!


Title: Re: $12!!!!!!
Post by: hamdi on August 09, 2012, 04:45:14 PM
go for $13


Title: Re: $12!!!!!!
Post by: fcmatt on August 09, 2012, 04:47:27 PM
mining is fun again! ;-)


Title: Re: $12!!!!!!
Post by: tvbcof on August 10, 2012, 12:53:26 AM
mining is fun again! ;-)

As is speculation!  $12/BTC happens to mark roughly the point where I've doubled my speculative investment (were I to cash out at least...and I've zero inclination to do so.)

FWIW, $60/BTC is where I declare victory on my gamble.  At around $100/BTC is where I sell a little to recoup the funds I input.  In the $1000's/BTC I start spending them for things I want.

I continue to consider the most likely outcome for my speculative investment in Bitcoin to be total loss, but less and less so as time goes by.



Title: Re: $12!!!!!!
Post by: goxed on August 10, 2012, 02:50:14 AM
mining is fun again! ;-)

As is speculation!  $12/BTC happens to mark roughly the point where I've doubled my speculative investment (were I to cash out at least...and I've zero inclination to do so.)

FWIW, $60/BTC is where I declare victory on my gamble.  At around $100/BTC is where I sell a little to recoup the funds I input.  In the $1000's/BTC I start spending them for things I want.

I continue to consider the most likely outcome for my speculative investment in Bitcoin to be total loss, but less and less so as time goes by.



Almost 40KBTC was sold into the spike and nearby trades today.

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


Title: Re: $12!!!!!!
Post by: papaminer on August 12, 2012, 01:00:31 AM
niceeeeeee

there goes gpu miners


Title: Re: $12!!!!!!
Post by: 420 on August 12, 2012, 01:19:59 AM
niceeeeeee

there goes gpu miners

what do you mean?


Title: Re: $12!!!!!!
Post by: ElectricMucus on August 12, 2012, 01:21:30 AM
http://i3.kym-cdn.com/entries/icons/original/000/000/128/slowpoke_pokemon.gif


Title: Re: $12!!!!!!
Post by: dopamine on August 13, 2012, 10:01:49 PM
Bump we hit 12 again :)


Title: Re: $12!!!!!!
Post by: Gyrsur on August 13, 2012, 10:04:46 PM
Bump we hit 12 again :)

pirateat40?


Title: Re: $12!!!!!!
Post by: FreeMoney on August 13, 2012, 10:11:33 PM

Totally, he's using all those coins to buy bitcoins.............


Title: Re: $12!!!!!!
Post by: Gyrsur on August 13, 2012, 10:13:08 PM

Totally, he's using all those coins to buy bitcoins.............

nope, to sell at peak and by them back at a cheaper price.

EDIT: peak 12.00 -> sell coins --> by them back at 11.85 --> peak 12.10 -> sell coins -> by them back at 11.95 -> peak 12.35 and so on... would call it "surfing the wave"


Title: Re: $12!!!!!!
Post by: OneEyed on August 13, 2012, 10:17:45 PM

Totally, he's using all those coins to buy bitcoins.............

nope, to sell at peak and by them back at a cheaper price.

OMG, that's so clever, we should all do that  ;D


Title: Re: $12!!!!!!
Post by: aq on August 13, 2012, 10:21:22 PM

Totally, he's using all those coins to buy bitcoins.............

nope, to sell at peak and by them back at a cheaper price.

OMG, that's so clever, we should all do that  ;D
All? Good luck convincing Adam 8)


Title: Re: $12!!!!!!
Post by: niko on August 13, 2012, 11:23:24 PM

Totally, he's using all those coins to buy bitcoins.............

nope, to sell at peak and by them back at a cheaper price.

EDIT: peak 12.00 -> sell coins --> by them back at 11.85 --> peak 12.10 -> sell coins -> by them back at 11.95 -> peak 12.35 and so on... would call it "surfing the wave"

Seeing how the big player(s) were obsessed with 6.66 not long ago, I predict they will show the same obsession with 13.


Title: Re: $12!!!!!!
Post by: smoothie on August 13, 2012, 11:39:14 PM
WALL EATEN!


Title: Re: $12!!!!!!
Post by: 420 on August 14, 2012, 12:43:05 AM
WALL EATEN!

yippee! how to celebrate?  ;)


Title: Re: $12!!!!!!
Post by: smoothie on August 14, 2012, 12:59:01 AM
WALL EATEN!

yippee! how to celebrate?  ;)

EAT 12 TWINKIES!!! :D


Title: Re: $12!!!!!!
Post by: 420 on August 14, 2012, 01:00:42 AM

I'm f'in hungry...are there any organic twinkies?


Title: Re: $12!!!!!!
Post by: bitcon on August 14, 2012, 10:14:15 PM
no but they have organic oreos. and hey they could make em the official currency of bitcoins so that when you eat one, value increases.


Title: Re: $12!!!!!!
Post by: The-Real-Link on August 15, 2012, 03:53:18 AM
Yay!