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the running of the bulls
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Topic: the running of the bulls (Read 3167 times)
Dr.Steve
Newbie
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Re: the running of the bulls
April 17, 2013, 07:30:52 PM
#21
looks like we've broken from the downside.
corrections are often over-corrections, and now, when ever there is major selling, I see buyer swooping in.
hopefully, stabilize and slowly appreciate without the hysteria of a week ago
wareen
Millionaire
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Activity: 910
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Revolutionizing Brokerage of Personal Data
Re: the running of the bulls
April 17, 2013, 07:43:43 PM
Last edit: April 17, 2013, 08:18:07 PM by wareen
#22
With over 17.2 million USD we just broke the all-time-high bid sum. Quite some money still on Mtgox seems to be waiting for an entry point.
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notme
Legendary
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Activity: 1904
Merit: 1002
Re: the running of the bulls
April 17, 2013, 08:02:02 PM
#23
Quote from: wareen on April 17, 2013, 07:43:43 PM
With over 17.2 million USD we just broke the all-time-high ask sum. Quite some money still on Mtgox seems to be waiting for an entry point.
Asks are 3.5X higher than before the top though.
https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
wareen
Millionaire
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Activity: 910
Merit: 1001
Revolutionizing Brokerage of Personal Data
Re: the running of the bulls
April 17, 2013, 08:18:42 PM
#24
Quote from: notme on April 17, 2013, 08:02:02 PM
Asks are 3.5X higher than before the top though.
True, there seems to be a lot of pressure from both sides.
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BITCOINTALK
FACEBOOK
MEDIUM
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TWITTER
YOUTUBE
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E M A I L
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PRE-SALE
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April 10
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notme
Legendary
Offline
Activity: 1904
Merit: 1002
Re: the running of the bulls
April 17, 2013, 08:21:52 PM
#25
Quote from: wareen on April 17, 2013, 08:18:42 PM
Quote from: notme on April 17, 2013, 08:02:02 PM
Asks are 3.5X higher than before the top though.
True, there seems to be a lot of pressure from both sides.
Which is why my liquidity bot is turning nice profits.
https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
jl2012
Legendary
Offline
Activity: 1792
Merit: 1097
Re: the running of the bulls
April 18, 2013, 01:02:42 AM
#26
Quote from: jl2012 on April 17, 2013, 05:40:44 PM
Quote from: arepo on April 17, 2013, 03:14:37 PM
Quote from: jl2012 on April 17, 2013, 03:09:30 PM
Quote from: Dr.Steve on April 17, 2013, 02:06:28 PM
looks like the bulls are running!
95+
Failed to hit 100. Double top?
maybe. or just consolidation. bid side looks strong but ask side has also filled up with people ready to unload. tons of selling pressure, it's up to the market to decide whether or not $100 bitcoins can really be taken seriously again.
Trading as low as 84 now and seems still going down. Triangle is broken and seems not merely consolidation. The last high at around 82 could be decisive and I bet it will not hold.
It's late here. I expect to wake up with 70s.
OK, it bearly touched 83 and bounced.
Donation address: 374iXxS4BuqFHsEwwxUuH3nvJ69Y7Hqur3 (Bitcoin ONLY)
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arepo
(OP)
Sr. Member
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Activity: 448
Merit: 250
this statement is false
Re: the running of the bulls
April 18, 2013, 06:18:03 PM
#27
Quote from: jl2012 on April 18, 2013, 01:02:42 AM
OK, it
bearly
touched 83 and bounced.
-===-
best guess: $100 is a short-term top. doesn't seem like we have the oomph right now. if $80 holds on the bounce, bull sign. otherwise this might really just be a drawn-out bulltrap. after failing to break $100 yesterday, i'm starting to fear if $50 is really the bottom...
this sentence has fifteen words, seventy-four letters, four commas, one hyphen, and a period.
18N9md2G1oA89kdBuiyJFrtJShuL5iDWDz
zby
Legendary
Offline
Activity: 1592
Merit: 1001
Re: the running of the bulls
April 18, 2013, 07:43:57 PM
#28
Quote from: arepo on April 18, 2013, 06:18:03 PM
Quote from: jl2012 on April 18, 2013, 01:02:42 AM
OK, it
bearly
touched 83 and bounced.
-===-
best guess: $100 is a short-term top. doesn't seem like we have the oomph right now. if $80 holds on the bounce, bull sign. otherwise this might really just be a drawn-out bulltrap. after failing to break $100 yesterday, i'm starting to fear if $50 is really the bottom...
It climbs slowly - that's better than the headless chicken rally from Friday
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