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Author Topic: $70 today?  (Read 4145 times)
ehoffman (OP)
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March 21, 2013, 10:00:09 AM
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All time high again at 67~68...

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March 21, 2013, 10:08:20 AM
 #2

We just might....

Craziness.

I just watched China shoot up from 415 to 440 CNY.

PANIC BUY PANIC BUY PANIC BUY  Grin

yokosan
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March 21, 2013, 10:11:51 AM
 #3

If my calculations are correct, we will hit $70 in 3 hours time.

It will rise to around $71.8 before falling back down to $68.3.

It will then continue to rise again and stay above $70 in a more stable manner from mid-day tomorrow.
ehoffman (OP)
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March 21, 2013, 10:14:11 AM
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Again, there's a wall at 68.91.  But you know, yesterday someone bought 25K BTC...  So everything's possible.

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March 21, 2013, 10:14:21 AM
 #5

If my calculations are correct, we will hit $70 in 3 hours time.

It will rise to around $71.8 before falling back down to $68.3.

It will then continue to rise again and stay above $70 in a more stable manner from mid-day tomorrow.

What time zone ?
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March 21, 2013, 10:14:51 AM
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If my calculations are correct, we will hit $70 in 3 hours time.

It will rise to around $71.8 before falling back down to $68.3.

It will then continue to rise again and stay above $70 in a more stable manner from mid-day tomorrow.
Can you elaborate some more on this please?
ehoffman (OP)
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March 21, 2013, 10:15:29 AM
 #7

If my calculations are correct, we will hit $70 in 3 hours time.

It will rise to around $71.8 before falling back down to $68.3.

It will then continue to rise again and stay above $70 in a more stable manner from mid-day tomorrow.

What time zone ?

In 3 hours that's your timezone + 3 hours Smiley  I love speculation forum!

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March 21, 2013, 10:20:44 AM
 #8

Why not $84.50?   Cheesy

yokosan
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March 21, 2013, 10:24:23 AM
 #9

If my calculations are correct, we will hit $70 in 3 hours time.

It will rise to around $71.8 before falling back down to $68.3.

It will then continue to rise again and stay above $70 in a more stable manner from mid-day tomorrow.
Can you elaborate some more on this please?

http://bitcoincharts.com/charts/mtgoxUSD#rg2ztgSzm1g10zm2g25zxzi1gMDXzi2gMFIzv
Vladimir
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March 21, 2013, 10:26:38 AM
 #10

Do you people think there is only one guy out there with 2+ million USD to burn who wants some bitcoins now at market?

Do you people think these guys that are buying 2 million USD worth of bitcoin in one go are going to daytrade it?

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ehoffman (OP)
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March 21, 2013, 10:33:47 AM
 #11

It's fun to see that someone buying 25K BTC now would bring the price to 95!  Tongue

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KTE
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March 21, 2013, 10:50:36 AM
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If my calculations are correct happen to produce the same end result as reality by sheer luck, we will hit $70 in 3 hours time.
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March 21, 2013, 11:02:34 AM
 #13

If my calculations are correct, we will hit $70 in 3 hours time.

It will rise to around $71.8 before falling back down to $68.3.

It will then continue to rise again and stay above $70 in a more stable manner from mid-day tomorrow.

What time zone ?

In 3 hours that's your timezone + 3 hours Smiley  I love speculation forum!

I was referring to the mid day tomorrow part. It's till yesterday in the US and it's 6pm here.
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March 21, 2013, 11:36:04 AM
 #14

It appears there is a huge sell wall of 8000 BTC at 69$.
That has to go down first.

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March 21, 2013, 11:41:28 AM
 #15

Currently BTC8927 ask at $68.90583
BTC8963 to get to $68.999
BTC9367 to get to $69.000

I think someone in the US is fast asleep and will wake up and panic cancel their sell order.
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March 21, 2013, 11:44:10 AM
 #16

There's potentially a big leap up after this. With the rate money is pouring in... a little pause at 68.9 with this wall... All hell could break loose afterwards. $80? $150?

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March 21, 2013, 11:46:36 AM
 #17

Do you people think there is only one guy out there with 2+ million USD to burn who wants some bitcoins now at market?

Do you people think these guys that are buying 2 million USD worth of bitcoin in one go are going to daytrade it?

Not I.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
ehoffman (OP)
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March 21, 2013, 12:17:24 PM
 #18

I think it will settle down there at ~68.8 for a while until someone big decide to invest...  So it's time to take a break of watching that ticker!

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ehoffman (OP)
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March 21, 2013, 02:05:44 PM
 #19

2 days ago, we got a big buy spike at around 14h~15h (GMT).  Yesterday, we got a spike at around 15:30.  So, waiting for a big move in the next hour or so?  Wink

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KTE
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March 21, 2013, 02:51:50 PM
 #20

If my calculations are correct, we will hit $70 in 3 hours time.

Better go back to the blackboard I guess.
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