Bitcoin Forum

Economy => Speculation => Topic started by: Armis on March 07, 2014, 12:05:43 AM



Title: "Rally"?
Post by: Armis on March 07, 2014, 12:05:43 AM
For the past 2 hrs btc has climbed steadily, I can't believe, its moving with deliberate speed and direction

are you seeing this?  


Title: Re: "Rally"?
Post by: MAbtc on March 07, 2014, 12:07:21 AM
deliberate speed

$19 in 10 hours. And here I am bored out of my mind...


Title: Re: "Rally"?
Post by: MatTheCat on March 07, 2014, 12:09:51 AM
For the past 2 hrs btc has climbed steadily, I can't believe, its moving with deliberate speed and direction

are you seeing this?  

yeah yeah...sure.

Go on, jump in now at $670, watch it grind around there for the next 6 hours before retracing back down to $650 at which point you will leave your position. Wash rinse repeat, until a genuine market move kicks in instead of this harvesting of small change being conducted most likely by the exchanges who have all the stats on where and how long ago people took certain positions an so know the right way (for them) to roll the price around.

I am so bored, I am taking all my funds off all the exchanges where I have funds. I could make more trading FTSE, DAX etc. At least there you can dig out some volatility to play with.


Title: Re: "Rally"?
Post by: Armis on March 07, 2014, 12:13:05 AM
deliberate speed

$19 in 10 hours. And here I am bored out of my mind...

dude, the 8 hours prior to the immediate past 2 hrs is a totally different story, just look at the past 2 hrs


Title: Re: "Rally"?
Post by: MatTheCat on March 07, 2014, 12:14:00 AM
deliberate speed

$19 in 10 hours. And here I am bored out of my mind...

dude, the 8 hours prior to the immediate past 2 hrs is a totally different story, just look at the past 2 hrs

Ok Now enjoy watching it for the next 8 hours.

Have fun.


Title: Re: "Rally"?
Post by: Armis on March 07, 2014, 12:16:32 AM
For the past 2 hrs btc has climbed steadily, I can't believe, its moving with deliberate speed and direction

are you seeing this?  

yeah yeah...sure.

Go on, jump in now at $670, watch it grind around there for the next 6 hours before retracing back down to $650 at which point you will leave your position. Wash rinse repeat, until a genuine market move kicks in instead of this harvesting of small change being conducted most likely by the exchanges who have all the stats on where and how long ago people took certain positions an so know the right way (for them) to roll the price around.

I am so bored, I am taking all my funds off all the exchanges where I have funds. I could make more trading FTSE, DAX etc. At least there you can dig out some volatility to play with.


At first, I too thought $670 was the top, but that was based on performance over the past 24 hrs, but these last 2 hrs show a totally different story, someone in another thread said the wall was at $685, that might be more accurate, but I'll go out on that lib and say $695  


Title: Re: "Rally"?
Post by: MatTheCat on March 07, 2014, 12:37:45 AM
dammm skippy, if this rally continues as it is, I'm not going anywhere, that would be like throwing away money.

Rally ffs.

There is absolutely very little in the way of actual market action. All that you see is exchange bots rolling around the price teasing speculators in, boring them to fkn death, and them squeezing them out. Now what did I tell, you, back down we go to $660. See you there in 15 hours. Except I won't cos I am moving all funds off exchange.


Title: Re: "Rally"?
Post by: derpinheimer on March 07, 2014, 12:40:17 AM
For the past 2 hrs btc has climbed steadily, I can't believe, its moving with deliberate speed and direction

are you seeing this?  

Its up 0.72% in 3 hours. lol. There is no speed or direction here.


Title: Re: "Rally"?
Post by: MAbtc on March 07, 2014, 12:43:41 AM
deliberate speed

$19 in 10 hours. And here I am bored out of my mind...

dude, the 8 hours prior to the immediate past 2 hrs is a totally different story, just look at the past 2 hrs

LOL. I would go insane watching the market like that.


Title: Re: "Rally"?
Post by: Armis on March 07, 2014, 12:55:54 AM
For the past 2 hrs btc has climbed steadily, I can't believe, its moving with deliberate speed and direction

are you seeing this?  

Its up 0.72% in 3 hours. lol. There is no speed or direction here.

but both speed and direction are relative, so if the previous speed was .20% then jumped by 200% to .60% that is fast
clearly the direction was almost straight up, very little going in the opposite direction

outside of monday's early morning super spike, I doubt if you any other 2 hr performance period since enjoyed as fast a gain as we just experienced in the two hours prior to this thread origination.



Title: Re: "Rally"?
Post by: MatTheCat on March 07, 2014, 01:03:44 AM
Wut? o_O

If he thinks this is action then let him enjoy himself.

Up 1% in 2 hours, yet only down 1.5% across the whole day....woooooh! hold on to yer hats!


Title: Re: "Rally"?
Post by: Armis on March 07, 2014, 01:05:29 AM
deliberate speed

$19 in 10 hours. And here I am bored out of my mind...

dude, the 8 hours prior to the immediate past 2 hrs is a totally different story, just look at the past 2 hrs

LOL. I would go insane watching the market like that.

well the rally is over now;  but let me put it another way if you went to a casino, pulled the slot handle and the coins started to pay out at what point would you leave?  

the conventional wisdom is when it stops paying, if you chose to leave while it is still paying out that's your option.

 



Title: Re: "Rally"?
Post by: BitcoinBobbeh on March 07, 2014, 01:11:20 AM
For the past 2 hrs btc has climbed steadily, I can't believe, its moving with deliberate speed and direction

are you seeing this?  

You are to bulls what Stephen Colbert is to conservatives...

right?


Title: Re: "Rally"?
Post by: MatTheCat on March 07, 2014, 01:15:32 AM
well the rally is over now;  but let me put it another way if you went to a casino, pulled the slot handle and the coins started to pay out at what point would you leave?  

the conventional wisdom is when it stops paying, if you chose to leave while it is still paying out that's your option.

Ah shite!

Missed another big move. Was just about to pile 30K into the rally but that is it all done. Bah!