Rampion
Legendary
 Offline
Activity: 1148
Merit: 1018
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May 07, 2013, 09:06:16 PM |
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Buyers are still there, and true bears seem to be running quite low on ammo
Only 170 KBTC on the exchange! My God, they are almost out! Selling pressure is still there, and that's expected. Ask sum is high, but not near ATH nevertheless. But now take a look at the bid sum in the chart below, and then speak. $18M on Gox is a lot, compared to just a few months ago. That's a lot of bullets for the bulls. Most people who rode the bubble has their fiat sitting there, waiting to buy back.  |
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"Bitcoin: mining our own business since 2009" -- Pieter Wuille
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SAQ
Newbie
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Activity: 56
Merit: 0
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May 07, 2013, 09:16:12 PM |
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Bid sum keeps rising.
Time for 125
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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May 07, 2013, 09:16:31 PM |
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my wife just bought into a pyramid scheme shes going to make $$$
HAHAHAHAHAHAHAHAHA
anyone need cleaning products?
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phoenix1
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May 07, 2013, 09:20:40 PM |
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my wife just bought into a pyramid scheme shes going to make $$$
HAHAHAHAHAHAHAHAHA
anyone need cleaning products?
Does she accept Bitcoin ? |
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Frozenlock
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May 07, 2013, 09:20:59 PM |
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my wife just bought into a pyramid scheme shes going to make $$$
HAHAHAHAHAHAHAHAHA
anyone need cleaning products?
You shouldn't let her without supervision.  |
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Rampion
Legendary
Offline
Activity: 1148
Merit: 1018
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May 07, 2013, 09:21:22 PM |
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Bid sum keeps rising.
Time for 125
Not so quickly... |
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Hawker
Legendary
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Activity: 1218
Merit: 1001
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May 07, 2013, 09:23:51 PM |
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77k BTC needed to break $80.
The great consolidation is coming.
14k BTC needed to break $120. The great consolidation may be some time off. |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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May 07, 2013, 09:24:24 PM |
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my wife just bought into a pyramid scheme shes going to make $$$
HAHAHAHAHAHAHAHAHA
anyone need cleaning products?
Does she accept Bitcoin ? yes! |
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Coinseeker
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May 07, 2013, 09:25:50 PM |
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my wife just bought into a pyramid scheme shes going to make $$$
HAHAHAHAHAHAHAHAHA
anyone need cleaning products?
Ahh thats cute. She's trying to impress you with her investment skills. She obviously looks up to you.  |
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SAQ
Newbie
Offline
Activity: 56
Merit: 0
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May 07, 2013, 09:31:57 PM |
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phoenix1
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May 07, 2013, 09:32:15 PM |
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my wife just bought into a pyramid scheme shes going to make $$$
HAHAHAHAHAHAHAHAHA
anyone need cleaning products?
Does she accept Bitcoin ? yes! Great ! This wash, rinse, repeat cycle might feel better with some softener  |
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DougTanner
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May 07, 2013, 09:32:22 PM |
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Testing $110 again.  |
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ElectricMucus
Legendary
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Activity: 1666
Merit: 1057
Marketing manager - GO MP
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May 07, 2013, 09:34:31 PM |
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my wife just bought into a pyramid scheme shes going to make $$$
HAHAHAHAHAHAHAHAHA
anyone need cleaning products?
Amway participants are all perfect future bitcoin investors imo. |
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Its About Sharing
Legendary
Offline
Activity: 1442
Merit: 1000
Antifragile
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May 07, 2013, 09:35:20 PM |
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When you look at the chart going back a few months, it is pretty clear that that symmetrical like triangle is a part of the uptrend and NOT recent downtrend. Also, since it is symmetrical, that would be a good omen coming out of a big upmove. But I agree with you, I don't know.  Uptrend? Where? Oh you mean this:  C'mon, clearly a bubble! Edit: And this, children, is why we use logarithmic charts. Thank you! And can you tell us, as others including myself have asked, where did you get that Logarithmic chart? Was it built custom from Gox data? IAS |
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KillaMarci
Member
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Activity: 84
Merit: 10
Bitcoin Mininode...and proud!
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May 07, 2013, 09:35:52 PM |
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Hold 110. For the love of god please please hold.  |
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Frozenlock
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May 07, 2013, 09:36:00 PM |
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 Buyer beware. You made a wedge that doesn't touch any candle extremities. |
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zemario
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May 07, 2013, 09:37:09 PM |
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rampion, where do you get those bid and ask sum charts from?
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Coinseeker
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May 07, 2013, 09:37:33 PM |
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I'm sticking with $114. I think we'll push through $110 eventually and peak in that range.
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Frozenlock
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May 07, 2013, 09:37:36 PM |
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Thank you! And can you tell us, as others including myself have asked, where did you get that Logarithmic chart? Was it built custom from Gox data?
IAS
http://bitcoincharts.com/charts/mtgoxUSDAnd you select "Log Scale". |
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