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phlogistonq
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March 21, 2013, 03:01:30 PM |
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Two possible, mutually exclusive scenarios: 1. A big buyer decides it is time to join the fun, buying the wall and a lot more. 2. We hover below 69 for a while, as we did below 50 untill the 12 hour SMA catches up, which so far has been a quite consistent signal. This may take a day or two, and given the approaching weekend it may even take until monday before we continue. This will allows some time for the bid wall to build support, and for people to become confident in the new price. http://www.bitcoincharts.com/charts/mtgoxUSD#rg60zig12-hourztgSza1gSMAzm1g10zm2g25zvEither way, after that we are on our way up again. |
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prof7bit
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March 21, 2013, 03:10:06 PM |
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If my calculations are correct, we will hit $70 in 3 hours time.
Better go back to the blackboard I guess. 71.8 is correct, I can confirm that my calculations (which have been made independently) are leading to the exact same number, after 71.8 price will drop again. Time is difficult to guess (and not so important anyways) but price is right. |
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nwbitcoin
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March 21, 2013, 03:30:13 PM |
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It will hit $70 today, but in all honesty, I want it to stop so that Litecoin can catch up! I have all my cash in LTC for that rise a week or so ago, and didn't sell when I should. So, now that bitcoin is gone silly, Litecoin is retreating, and I have to wait for them both to catch up again!  I would guess that $70 + is the maximum for a few days, but with all the bitcoin in the news as a potential fix for Cyprus, its going to attract some new money - and the whole pattern gets changed again! |
*Image Removed* I use Localbitcoins to sell bitcoins for GBP by bank transfer!
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ehoffman (OP)
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March 21, 2013, 03:56:33 PM |
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Comming soon! 6KBTC buy!!!
Edit: WALL CRUSHED!!!
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ehoffman (OP)
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March 21, 2013, 03:58:33 PM |
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DONE! 70 Oh fu***ng lord!
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deathcode
Copper Member
Sr. Member
 Offline
Activity: 1428
Merit: 253
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March 21, 2013, 04:01:48 PM |
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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.
What kind of calculations are that? just saying because we just touched $70 |
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Newscastix
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March 21, 2013, 04:02:21 PM |
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$70 done. Yes!
wow... that was.. sorta unexpected so fast.... |
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SgtSpike
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Activity: 1400
Merit: 1005
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March 21, 2013, 04:03:36 PM |
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What, where?? MtGox still shows a high of $68.90583 for me.
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NamelessOne
Legendary
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Activity: 840
Merit: 1000
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March 21, 2013, 04:04:06 PM |
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What, where?? MtGox still shows a high of $68.90583 for me.
71.24 now |
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ehoffman (OP)
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March 21, 2013, 04:04:21 PM |
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71.25$ high, with >3 minutes lag!
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iswi
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March 21, 2013, 04:04:54 PM |
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is an irregular rise at some point will fall... I think
71.25 now at Mt.gox
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majorddf
Member
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Activity: 99
Merit: 10
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March 21, 2013, 04:05:06 PM |
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Yup kicking around $71 now.
Looked like a sudden spurge of buys at 16:00 local and up it went.
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ehoffman (OP)
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March 21, 2013, 04:05:40 PM |
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is an irregular rise at some point will fall... I think
71.25 now at Mt.gox
It may well be... But at least that wall is broken |
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SgtSpike
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Activity: 1400
Merit: 1005
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March 21, 2013, 04:05:44 PM |
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What, where?? MtGox still shows a high of $68.90583 for me.
71.24 now Weird. I just checked mtgox.com and it shows $68, despite my repeated refreshes. Bitcoinity shows the proper price though. |
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Kartoff
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March 21, 2013, 04:07:25 PM |
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shkiser
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March 21, 2013, 04:10:38 PM |
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GGYEEAAA  |
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ehoffman (OP)
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March 21, 2013, 04:56:42 PM |
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Oh sh!t... Spike up again! Rally for 75$?
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deathcode
Copper Member
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Activity: 1428
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March 21, 2013, 05:06:56 PM |
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Oh sh!t... Spike up again! Rally for 75$?
$74.... dammit money TRANSFER ALREADY....... Have 3K sitting in the limbo now... waiting to get to MTGox... |
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BTC Books
Member
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Activity: 84
Merit: 10
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March 21, 2013, 05:11:22 PM |
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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. Nor I. What I'd really like to know, is what's happening on the dark market. If this kind of money is showing up on Gox - how much is buying in dark? And think about it: an off-Gox discount is at market, an hour or two later. No. No daytrading here. This money is serious. |
Dankedan: price seems low, time to sell I think...
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