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MAbtc
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October 31, 2013, 12:50:53 AM |
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Bulls are getting brazen up in here. I just want to see a reversal now so it wipes some of the smugness off these faces.
Considering BTC increases have been at orders of magnitude, I don't think there's anything brazen or smug about expecting 200 to hold up. Those adjectives refer to peoples' attitudes, not perceptions of the market. But, on the point of 200 holding up -- how many days in bitcoin's history has the price been this high? I wouldn't get too comfortable.  |
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"The nature of Bitcoin is such that once version 0.1 was released, the
core design was set in stone for the rest of its lifetime." -- Satoshi
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samson
Legendary
 Offline
Activity: 2097
Merit: 1068
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October 31, 2013, 12:54:27 AM |
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Bulls are getting brazen up in here. I just want to see a reversal now so it wipes some of the smugness off these faces.
Considering BTC increases have been at orders of magnitude, I don't think there's anything brazen or smug about expecting 200 to hold up. This is what everyone was saying in the few days prior to April 10th this year. up, uP, UP  |
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ChartBuddy
Legendary
 Online
Activity: 2142
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 31, 2013, 01:02:27 AM |
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MAbtc
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October 31, 2013, 01:52:04 AM |
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Is it up, uP, UP from here?  |
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samson
Legendary
Offline
Activity: 2097
Merit: 1068
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October 31, 2013, 01:56:28 AM |
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Is it up, uP, UP from here?
At this stage in the game nobody will listen to anything apart from up, uP, UP. This will change soon enough. I think half of them are trying to talk the price up and the other half are just blindly following the rest. |
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ChartBuddy
Legendary
Online
Activity: 2142
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 31, 2013, 02:02:29 AM |
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solex
Legendary
Offline
Activity: 1078
Merit: 1002
100 satoshis -> ISO code
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October 31, 2013, 02:10:32 AM |
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Bulls are getting brazen up in here. I just want to see a reversal now so it wipes some of the smugness off these faces.
Considering BTC increases have been at orders of magnitude, I don't think there's anything brazen or smug about expecting 200 to hold up. Those adjectives refer to peoples' attitudes, not perceptions of the market. But, on the point of 200 holding up -- how many days in bitcoin's history has the price been this high? I wouldn't get too comfortable. At one point the increase from $1 to $2 was uncomfortable, and the oscillations between $1.80 and $2.20 worthy of micro-analysis. Today, with the Bitcoin ecosystem 100x bigger, 1000x the public awareness, 10000x the hashing power: the $180 to $220 level seems just fine! |
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MAbtc
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October 31, 2013, 02:15:17 AM |
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Bulls are getting brazen up in here. I just want to see a reversal now so it wipes some of the smugness off these faces.
Considering BTC increases have been at orders of magnitude, I don't think there's anything brazen or smug about expecting 200 to hold up. Those adjectives refer to peoples' attitudes, not perceptions of the market. But, on the point of 200 holding up -- how many days in bitcoin's history has the price been this high? I wouldn't get too comfortable. At one point the increase from $1 to $2 was uncomfortable, and the oscillations between $1.80 and $2.20 worthy of micro-analysis. Today, with the Bitcoin ecosystem 100x bigger, 1000x the public awareness, 10000x the hashing power: the $180 to $220 level seems just fine! Yeah, there's that. Well, I guess the point remains. |
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ChartBuddy
Legendary
Online
Activity: 2142
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 31, 2013, 03:02:33 AM |
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ChartBuddy
Legendary
Online
Activity: 2142
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 31, 2013, 04:02:37 AM |
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mccorvic
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October 31, 2013, 04:05:03 AM |
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Is it up, uP, UP from here?
At this stage in the game nobody will listen to anything apart from up, uP, UP. This will change soon enough. I think half of them are trying to talk the price up and the other half are just blindly following the rest. You know, if you're gonna troll bear you might as well go back and read how the pros did it. You're just embarrassing yourself. |
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fr33d0miz3r
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October 31, 2013, 04:19:25 AM |
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Meanwhile, confirmed double top  |
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TERA
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October 31, 2013, 04:21:22 AM |
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foggyb
Legendary
Offline
Activity: 1652
Merit: 1006
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October 31, 2013, 04:49:41 AM |
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Bulls are getting brazen up in here. I just want to see a reversal now so it wipes some of the smugness off these faces.
Considering BTC increases have been at orders of magnitude, I don't think there's anything brazen or smug about expecting 200 to hold up. This is what everyone was saying in the few days prior to April 10th this year. up, uP, UP I don't think superstition helps to predict price movement (& not everyone was saying we were continuing up). I agree with professor. Also, every day we bounce around $200 solidifies the next move upwards. April 2013 is long gone, this is a new scenario. |
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ChartBuddy
Legendary
Online
Activity: 2142
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 31, 2013, 05:02:28 AM |
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MAbtc
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October 31, 2013, 05:23:58 AM |
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Pretty calm right now. Where's the volatility?!   |
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chriswilmer
Legendary
Offline
Activity: 1008
Merit: 1000
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October 31, 2013, 05:27:11 AM |
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Pretty calm right now. Where's the volatility?! It's the calm... (•_•) ( •_•)>⌐■-■ (⌐■_■) ...before the storm! |
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ChartBuddy
Legendary
Online
Activity: 2142
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 31, 2013, 06:02:37 AM |
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ChartBuddy
Legendary
Online
Activity: 2142
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 31, 2013, 07:02:30 AM |
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molecular
Donator
Legendary
Offline
Activity: 2772
Merit: 1019
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October 31, 2013, 07:17:32 AM |
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I guess that we will be witnessing these up n downs for a while...  lol! I think this was true since the beginning of bitcoin trading and will be for quite a while. |
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