ElectricMucus
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Activity: 1666
Merit: 1057
Marketing manager - GO MP
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April 23, 2013, 05:36:25 PM |
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still someone on board who calls this a "bulltrap" ?
Nah it's either a beartrap or "back to normal" I don't really believe in a beartrap, but I am prepared for one if it happens. |
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GreekGeek
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April 23, 2013, 05:49:38 PM |
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Thank god I bought back @ 85 USD  |
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seleme
Legendary
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Activity: 2772
Merit: 1028
Duelbits.com
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April 23, 2013, 05:55:48 PM |
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That panic/trying to induce panic seller that sold 6k yesterday when we hit 129 must be a little stumped right now, lol. Good! (unless of course they wanted that money and planned to leave the market when the price hit 129...)
Or yu know, he could have been smart and somehow moved the money to BTC-E for a big profit. It does seem a bit weird that suddenly there was a huge buy on BTC-E just a few hours later. Was it you? I hardly watch BTC-E so yeah I wasn't aware of that. Was it a 5-6k buy? That would need a big BTC withdraw limit on mtgox. That amount of coins can't be bought at btc-e. There's 16k coins available in all btc/usd sell orders there. 50-100 coins wall is considered huge there. |
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molecular
Donator
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Activity: 2772
Merit: 1019
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April 23, 2013, 05:59:48 PM |
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bitcoin-central.net and bitcoin.de both at exactly € 100.00.
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Gordonium
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April 23, 2013, 06:02:18 PM |
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Epic picture.  |
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Hawkix
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April 23, 2013, 06:33:09 PM |
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That's IMHO the real cause of the recent price uptake over 130 ... Not sure if I like disclosing such information ... |
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420
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April 23, 2013, 06:53:55 PM |
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Consolidation under $150 I say
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crazy_rabbit
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Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
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April 23, 2013, 06:55:46 PM |
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That's IMHO the real cause of the recent price uptake over 130 ... Not sure if I like disclosing such information ... Is it just me or does MT.Gox use Clarkmoody to check the market?!?!?! |
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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April 23, 2013, 07:02:18 PM |
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That's IMHO the real cause of the recent price uptake over 130 ... Not sure if I like disclosing such information ... Is it just me or does MT.Gox use Clarkmoody to check the market?!?!?! its not like they can afford btchcarts  |
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foo
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April 23, 2013, 07:22:24 PM |
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That's IMHO the real cause of the recent price uptake over 130 ... Not sure if I like disclosing such information ... Is it just me or does MT.Gox use Clarkmoody to check the market?!?!?! In one of the shots you can also see that Bitcoinity is open in another tab... |
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stereotype
Legendary
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Activity: 1554
Merit: 1000
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April 23, 2013, 07:26:09 PM |
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That's IMHO the real cause of the recent price uptake over 130 ... Not sure if I like disclosing such information ... Is it just me or does MT.Gox use Clarkmoody to check the market?!?!?! Speaking of Clarkmoody, is he getting enough tips/donations and recognition, ladies and gentlemen? |
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molecular
Donator
Legendary
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Activity: 2772
Merit: 1019
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April 23, 2013, 07:39:32 PM |
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That's IMHO the real cause of the recent price uptake over 130 ... Not sure if I like disclosing such information ... Is it just me or does MT.Gox use Clarkmoody to check the market?!?!?! Speaking of Clarkmoody, is he getting enough tips/donations and recognition, ladies and gentlemen? +1. Same for bitcoincharts.com which is probably one of the most important operations in bitcoin-land, no? |
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bitarrow
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April 23, 2013, 07:40:12 PM |
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That's IMHO the real cause of the recent price uptake over 130 ... Not sure if I like disclosing such information ... Is it just me or does MT.Gox use Clarkmoody to check the market?!?!?! Speaking of Clarkmoody, is he getting enough tips/donations and recognition, ladies and gentlemen? he charges for advertising as well. im sure he is good to go. ad spots always look filled |
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Sword Smith
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April 23, 2013, 07:41:19 PM |
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That's IMHO the real cause of the recent price uptake over 130 ... Not sure if I like disclosing such information ... Is it just me or does MT.Gox use Clarkmoody to check the market?!?!?! Speaking of Clarkmoody, is he getting enough tips/donations and recognition, ladies and gentlemen? 11 BTCs so far, it seems... |
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420
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April 23, 2013, 07:45:54 PM |
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That's IMHO the real cause of the recent price uptake over 130 ... Not sure if I like disclosing such information ... Is it just me or does MT.Gox use Clarkmoody to check the market?!?!?! Speaking of Clarkmoody, is he getting enough tips/donations and recognition, ladies and gentlemen? 11 BTCs so far, it seems... i think I've seen him change that address too |
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molecular
Donator
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Activity: 2772
Merit: 1019
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April 23, 2013, 08:02:18 PM |
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we've cleared a lot of resistance (yellow) in the last couple of days.  rocket might even accelerate now due to now lower resistance (green). |
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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April 23, 2013, 08:30:11 PM |
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It was not a bubble! bitcoin supply is truly drying out!!! its almost over AHHHHHH! as you can see from them color full graph, during the climb up, we had 2 stable periods each lasting over 30 hours. these stable periods have very low volume. both these stable periods were preceded by, a crash and fast rebound. so what does it all mean? there are no more bitcoins to be bought! pure and simple! "But adam look at all the volume when it dropped below 140, most of the volume happened below 90 fuck! clearly there isn't any shortage of bitcoins" What we saw there was panic selling on a massive scale, something the market is not likely to repeat ever again! we had ~30% of the total bitcoin supply traded in less than 2 weeks! kinda crazy prices didn't fall to 30 if you ask me. now these panic sellers are goign to be BUT HURT as bitcoin move along leaving them behind with their money, they may decide to take their $ profits and go, and i hope they do, demand is only growing, and its not like it will be raining 3,000,000BTC every 2 week.... IMHO, BUY BUY BUY
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DougTanner
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April 23, 2013, 08:37:51 PM
Last edit: April 23, 2013, 08:52:36 PM by DougTanner |
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Sneakin' up on $140.  Not so sneaky now.  |
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molecular
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Activity: 2772
Merit: 1019
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April 23, 2013, 08:41:06 PM |
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as you can see from them color full graph, during the climb up, we had 2 stable periods each lasting over 30 hours. these stable periods have very low volume. both these stable periods were preceded by, a crash and fast rebound.
so what does it all mean?
One can interpret "the big crash" in the same way... just bigger scale (both magnitude and duration).  If we apply the same scale to what happened after the stable low-volume periods (a strong rally) the next leg up will be mindboggling. Maybe $450 or more. However, the stable period would have to draw out for another week or so to match well. |
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