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wonkytonky
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May 10, 2013, 09:28:12 AM |
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fyi, there's a short 2500btc+- sitting there to pop(buy order) .. probably when prices go to 120 ish.. let's find out  |
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
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SlipperySlope
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May 10, 2013, 09:38:05 AM |
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Resistance expected near the previous peaks at $125 and $147. The case for a continued bubble collapse strengthens if these previous peaks are not surpassed. Conversely it weakens if they are.  |
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fitty
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May 10, 2013, 09:41:10 AM |
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Someone's bot just flipped the fuck out.
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SlipperySlope
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May 10, 2013, 09:42:36 AM |
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Does anyone else see even more weird bot behavior?
Alternating purchases and sales under 1 BTC. An arb?
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ManBearPig
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May 10, 2013, 09:46:14 AM |
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Resistance expected near the previous peaks at $125 and $147.
The case for a continued bubble collapse strengthens if these previous peaks are not surpassed.
Time frame? Day? Week? Don't pressure the poor Bitcoin, let him do his thing |
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SlipperySlope
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May 10, 2013, 09:49:31 AM |
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Resistance expected near the previous peaks at $125 and $147.
The case for a continued bubble collapse strengthens if these previous peaks are not surpassed.
Time frame? Day? Week? Don't pressure the poor Bitcoin, let him do his thing Three months to inflate the bubble, should collapse in three also. Time frame is months to confirm the bubble collapse, but refutation can happen immediately, e.g. a spike to a new all time high. |
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ManBearPig
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May 10, 2013, 09:53:11 AM |
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Resistance expected near the previous peaks at $125 and $147.
The case for a continued bubble collapse strengthens if these previous peaks are not surpassed.
Time frame? Day? Week? Don't pressure the poor Bitcoin, let him do his thing Three months to inflate the bubble, should collapse in three also. Time frame is months to confirm the bubble collapse, but refutation can happen immediately, e.g. a spike to a new all time high. But it only took a few weeks to inflate the bubble, the growth to March was sustainable. I don't see us visiting $80 again. I think the little fella is reaching out for my blue trendline :p |
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muyuu
Donator
Legendary
 Offline
Activity: 980
Merit: 1000
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May 10, 2013, 09:53:57 AM |
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SlipperySlope
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May 10, 2013, 09:54:12 AM |
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That wasnt even a rally, that was a huge sudden jump that got no support. I am afraid the bear-may still holds
I believe that the bear case still holds. I am curious however to see how a bearish pattern unfolds from this breakout. |
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myself
Legendary
Offline
Activity: 938
Merit: 1000
chaos is fun...…damental :)
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May 10, 2013, 10:00:59 AM |
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more wall.jpg and less text
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ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 10, 2013, 10:01:45 AM |
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ManBearPig
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May 10, 2013, 10:07:09 AM |
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more wall.jpg and less text
Pardonnez-moi? I prefer PNG myself but what the hey.  Reach little Bitcoin, reach. |
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Rampion
Legendary
Offline
Activity: 1148
Merit: 1018
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May 10, 2013, 10:08:42 AM |
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ManBearPig
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May 10, 2013, 10:21:36 AM |
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more wall.jpg and less text
Pardonnez-moi? I prefer PNG myself but what the hey. PIC Reach little Bitcoin, reach. 1.8% daily growth rate is too fast for more than a short-term/mid-term outlook (anything a few months or less). The equivalent annual return is 7400%, which would bring us to $80k per coin by May 2014. I guess Risto would support such notions...  It *is* indeed a short/mid-term outlook |
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Rampion
Legendary
Offline
Activity: 1148
Merit: 1018
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May 10, 2013, 10:23:39 AM |
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Rampion
Legendary
Offline
Activity: 1148
Merit: 1018
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May 10, 2013, 10:32:17 AM |
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Bears are running low on ammo, what's happening bulls? I thought you had bigger balls and a consistent attack was about to happen. You are just giving time for a big bad US Grizzly bear to wake up and start using heavy armory on those week frontlines. Well, either way we want to see some blood - is about time!  |
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Miz4r
Legendary
Offline
Activity: 1246
Merit: 1000
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May 10, 2013, 10:34:39 AM |
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Now the important question is whether America will back up this break out with some real volume when they wake up in 1-2hrs from now. Either we rally on, or people start taking their small profits and we go back down to 110-115.
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Rampion
Legendary
Offline
Activity: 1148
Merit: 1018
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May 10, 2013, 10:36:42 AM |
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Now the important question is whether America will back up this break out with some real volume when they wake up in 1-2hrs from now. Either we rally on, or people start taking their small profits and we go back down to 110-115.
I will say it again: I feel bullish. Too many good things are happening. And no, I'm not all-in yet, so a bearapocalypse is welcome any time. |
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