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Author Topic: Why the sudden $0.30 rise?  (Read 6557 times)
DoomDumas
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January 11, 2013, 02:32:59 PM
 #81

(yes, a majority of newbs will think mtgox is the way to buy bitcoins).


You have a better way of buying?

cavirtex works fine for me !
I'll never do business with MtGox again !
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January 11, 2013, 06:03:33 PM
 #82

it was destined to happen.  this is from one of my updates.  i drew this triangle for my subs back on 12/28/12 and had been recommending a buy.  see that green ascending arrow at the end of the triangle?  price started up to the day from there which was 1/3/13:

Total BS. You were way off. Check the history. Prices did not start rising on 1/3/13 as you claim here. They were flat for another 5 days until 1/8/13.


you are wrong. 



and if that's not enough for you:

prepare for liftoff...
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January 11, 2013, 06:34:22 PM
 #83

You know what's funny?

SgtSpike asked about the sudden $0.30 rise before the sudden $0.30 rise actually happened.
Huh?  No I didn't.  When I made the post, the price had been up to at least $13.80 for a little while (not sure how long exactly).  It just so happened that it was part of an even larger move to go beyond $14.00, but my original post was specifically talking about the rise from $13.50 to $13.80, which happened prior to my making the post.
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January 11, 2013, 07:18:47 PM
 #84

(yes, a majority of newbs will think mtgox is the way to buy bitcoins).


You have a better way of buying?

localbitcoins.com


Don't know bout you, but where I live there is a hefty fee for buying coins through localbitcoins.com . 
The only possible advantage I see is that you could stay anonymous.
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January 11, 2013, 08:22:27 PM
 #85

 I don't know that I would ascribe the current rampant bulls to high forum traffic but I would guess they both have a common cause?

Please disregard Litecoin and Zcash badges to the left. I have just gathered they are an April fool's joke!
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January 11, 2013, 09:06:23 PM
 #86

GATA accepting BTC
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January 11, 2013, 09:10:45 PM
 #87

I don't know that I would ascribe the current rampant bulls to high forum traffic but I would guess they both have a common cause?

forum running quite slow for me, anyone else?

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January 11, 2013, 09:15:55 PM
 #88

I don't know that I would ascribe the current rampant bulls to high forum traffic but I would guess they both have a common cause?

forum running quite slow for me, anyone else?

Yes.

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January 11, 2013, 09:22:36 PM
 #89

I don't know that I would ascribe the current rampant bulls to high forum traffic but I would guess they both have a common cause?

forum running quite slow for me, anyone else?

Yes.

spike in traffic
https://bitcointalk.org/index.php?topic=135959

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January 11, 2013, 10:52:16 PM
 #90

I don't know that I would ascribe the current rampant bulls to high forum traffic but I would guess they both have a common cause?

forum running quite slow for me, anyone else?

Yes.

spike in traffic
https://bitcointalk.org/index.php?topic=135959
...due to the $0.30 rise.
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January 11, 2013, 10:57:06 PM
 #91

You know what's funny?

SgtSpike asked about the sudden $0.30 rise before the sudden $0.30 rise actually happened.
Huh?  No I didn't.  When I made the post, the price had been up to at least $13.80 for a little while (not sure how long exactly).  It just so happened that it was part of an even larger move to go beyond $14.00, but my original post was specifically talking about the rise from $13.50 to $13.80, which happened prior to my making the post.

I know, I know. It's just that the rise from 14.00 to 14.30 was much sharper and I was trying to fool people into thinking that had been the rise (if you look at a chart, that one really jumps out and dwarf the previous rise(s) in speed). So I figured I could trigger some comments along the lines of "wew, SgtSpike did the buying" or "he's psychic!".

Pretty lame I must admit in hindsight.

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January 11, 2013, 10:59:22 PM
 #92

(yes, a majority of newbs will think mtgox is the way to buy bitcoins).


You have a better way of buying?

localbitcoins.com


Don't know bout you, but where I live there is a hefty fee for buying coins through localbitcoins.com . 
The only possible advantage I see is that you could stay anonymous.

You can also put up a buy order and possibly buy below market if it gets taken. I don't know wether these routinely get taken by people though because I only ever sell on localbitcoins.com and do the buying somewhere else (bitcoin.de, bitcoin-central).

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January 11, 2013, 11:04:34 PM
 #93

You can also put up a buy order and possibly buy below market if it gets taken. I don't know wether these routinely get taken by people though because I only ever sell on localbitcoins.com and do the buying somewhere else (bitcoin.de, bitcoin-central).
I took a sell order yesterday which had got left behind the market at the time I made it - and I was very impressed with the seller honouring it 12 hours later when the price relative to market was distant history.

Please disregard Litecoin and Zcash badges to the left. I have just gathered they are an April fool's joke!
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January 11, 2013, 11:16:08 PM
 #94

You know what's funny?

SgtSpike asked about the sudden $0.30 rise before the sudden $0.30 rise actually happened.
Huh?  No I didn't.  When I made the post, the price had been up to at least $13.80 for a little while (not sure how long exactly).  It just so happened that it was part of an even larger move to go beyond $14.00, but my original post was specifically talking about the rise from $13.50 to $13.80, which happened prior to my making the post.

I know, I know. It's just that the rise from 14.00 to 14.30 was much sharper and I was trying to fool people into thinking that had been the rise (if you look at a chart, that one really jumps out and dwarf the previous rise(s) in speed). So I figured I could trigger some comments along the lines of "wew, SgtSpike did the buying" or "he's psychic!".

Pretty lame I must admit in hindsight.

Cheesy

You can also put up a buy order and possibly buy below market if it gets taken. I don't know wether these routinely get taken by people though because I only ever sell on localbitcoins.com and do the buying somewhere else (bitcoin.de, bitcoin-central).
I took a sell order yesterday which had got left behind the market at the time I made it - and I was very impressed with the seller honouring it 12 hours later when the price relative to market was distant history.
And this is the reason I don't sell there...!  I'd forget to update my order with the latest BTC price!
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January 11, 2013, 11:18:14 PM
 #95

And this is the reason I don't sell there...!  I'd forget to update my order with the latest BTC price!

You can set a dynamic price.

https://www.localbitcoins.com/cash_exchange_howto#howto_pricing
molecular
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January 11, 2013, 11:22:43 PM
 #96

You know what's funny?

SgtSpike asked about the sudden $0.30 rise before the sudden $0.30 rise actually happened.
Huh?  No I didn't.  When I made the post, the price had been up to at least $13.80 for a little while (not sure how long exactly).  It just so happened that it was part of an even larger move to go beyond $14.00, but my original post was specifically talking about the rise from $13.50 to $13.80, which happened prior to my making the post.

I know, I know. It's just that the rise from 14.00 to 14.30 was much sharper and I was trying to fool people into thinking that had been the rise (if you look at a chart, that one really jumps out and dwarf the previous rise(s) in speed). So I figured I could trigger some comments along the lines of "wew, SgtSpike did the buying" or "he's psychic!".

Pretty lame I must admit in hindsight.

Cheesy

You can also put up a buy order and possibly buy below market if it gets taken. I don't know wether these routinely get taken by people though because I only ever sell on localbitcoins.com and do the buying somewhere else (bitcoin.de, bitcoin-central).
I took a sell order yesterday which had got left behind the market at the time I made it - and I was very impressed with the seller honouring it 12 hours later when the price relative to market was distant history.
And this is the reason I don't sell there...!  I'd forget to update my order with the latest BTC price!

you don't have to update your offer. You can use a formula there like mtgoxUSD * 1.079. The problem is that when a buyer takes your offer, the price is locked in.

Maybe another approach would be to have the price not lock in but keep adjusting until the transaction is actually made (cash passes hands)?

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January 11, 2013, 11:23:27 PM
 #97

And this is the reason I don't sell there...!  I'd forget to update my order with the latest BTC price!

You can set a dynamic price.

https://www.localbitcoins.com/cash_exchange_howto#howto_pricing
Ah, didn't realize!
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January 12, 2013, 08:58:13 PM
 #98

(yes, a majority of newbs will think mtgox is the way to buy bitcoins).


You have a better way of buying?

localbitcoins.com


Don't know bout you, but where I live there is a hefty fee for buying coins through localbitcoins.com . 
The only possible advantage I see is that you could stay anonymous.

You can also put up a buy order and possibly buy below market if it gets taken. I don't know wether these routinely get taken by people though because I only ever sell on localbitcoins.com and do the buying somewhere else (bitcoin.de, bitcoin-central).

I sell my mined proceeds at Gox; here lately all my limit orders have been filling rather quickly, even at .05-.1 above market.  Relativley small orders though.

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January 16, 2013, 11:50:05 AM
 #99

Don't worry, the cycle starts back over in 1-4 months!

Months? I doubt it will be that long.

My guess is we will be break 14.4$ by next week.

$13.40 next week...or the week after
$13.50 was pretty comfortable.

Love it when I am right  Grin
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January 16, 2013, 12:04:43 PM
 #100

Don't worry, the cycle starts back over in 1-4 months!

Months? I doubt it will be that long.

My guess is we will be break 14.4$ by next week.

$13.40 next week...or the week after
$13.50 was pretty comfortable.

Love it when I am right  Grin

Me and my subscribers too. :-)

My subscribers have probably profited a lot from my correct bullish forecast.

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