$70 today?

[ehoffman]

All time high again at 67~68...

[BitPirate]

We just might....

Craziness.

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

PANIC BUY PANIC BUY PANIC BUY 

[yokosan]

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]

Again, there's a wall at 68.91.  But you know, yesterday someone bought 25K BTC...  So everything's possible.

[samson]

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 ?

[klee]

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]

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  I love speculation forum!

[Bit_Happy]

Why not $84.50?   

[yokosan]

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]

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?

[ehoffman]

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

[KTE]

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.

[samson]

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  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.

[Mageant]

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

[sounds]

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.

[BitPirate]

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?

[cbeast]

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.

[ehoffman]

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!

[ehoffman]

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? 

[KTE]

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

Better go back to the blackboard I guess.