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Author Topic: RALLY!!  (Read 3095 times)
calian (OP)
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November 05, 2013, 04:25:15 PM
 #1

Come on. We need one of these threads. By the way why is there no tracking site for coinbase prices? I'm seeing Buy Price $253.18   Sell Price $252.96 right now.
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November 05, 2013, 04:26:01 PM
 #2

Come on. We need one of these threads. By the way why is there no tracking site for coinbase prices? I'm seeing Buy Price $253.18   Sell Price $252.96 right now.

https://coinbase.com/charts

is all I know of

also, title needs more !!!

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
calian (OP)
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November 05, 2013, 04:35:30 PM
 #3

https://coinbase.com/charts

is all I know of

also, title needs more !!!

Yeah you can check the live numbers but no one is graphing them over time. Also you could create a rudimentary wall by seeing how the price changes as you plug in to buy or sell smaller or larger numbers of coins.

In this thread feel free to post pictures of rockets, sad bears, etc.

Where's that picture of the bitcoin bull with all the small forum avatars riding it?
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November 05, 2013, 06:13:09 PM
 #4

In this thread feel free to post pictures of rockets, sad bears, etc.

Where's that picture of the bitcoin bull with all the small forum avatars riding it?

I think you're referring to The proudhon song:
https://bitcointalk.org/index.php?topic=169548.0
http://www.youtube.com/watch?v=A7TuFy0fcuw

And of course there's the Bitcoin Rally Song:
https://bitcointalk.org/index.php?topic=168163.40
http://orymh.bandcamp.com/track/the-bitcoin-rally-song

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November 05, 2013, 06:38:52 PM
 #5

how much of a rally is too much of a rally? what if it goes to $800 in a weeks time?
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November 05, 2013, 06:45:23 PM
 #6

how much of a rally is too much of a rally? what if it goes to $800 in a weeks time?

Christmas comes early?   Cheesy
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November 05, 2013, 07:15:06 PM
 #7

how much of a rally is too much of a rally? what if it goes to $800 in a weeks time?

Christmas comes early?   Cheesy

Ho Ho Hoooolyshit
calian (OP)
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November 06, 2013, 10:06:18 AM
 #8

Bitstamp $256.45

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November 06, 2013, 10:08:33 AM
 #9

Guys, what is the reason of this sudden price rise? Any fundamental changes happening somewhere?

Revewing Bitcoin / Crypto mining Hardware.
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November 06, 2013, 10:28:38 AM
 #10

Guys, what is the reason of this sudden price rise? Any fundamental changes happening somewhere?

Massive buying in China on BTC China. The Chinese are driving this car now. Smiley

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November 06, 2013, 10:34:05 AM
 #11

Guys, what is the reason of this sudden price rise? Any fundamental changes happening somewhere?

Please learn one thing and only this thing when trading: the price rises because there are more people buying than selling. The rest will just interfere and aid your lizard brain.

Never ever ask again for the reason.
Never pay attention to the reasons put forward by the talking heads.

Not heeding this advice will lead you to making wrong decisions, trust me  Cool

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November 06, 2013, 10:45:01 AM
 #12

Guys, what is the reason of this sudden price rise? Any fundamental changes happening somewhere?

Please learn one thing and only this thing when trading: the price rises because there are more people buying than selling. The rest will just interfere and aid your lizard brain.

Never ever ask again for the reason.
Never pay attention to the reasons put forward by the talking heads.

Not heeding this advice will lead you to making wrong decisions, trust me  Cool

Some markets follow the hoard mentality, and I hope this is not the case, or else it will end up not so well. More or less like penny stock behavior. I hope I am wrong Tongue

Revewing Bitcoin / Crypto mining Hardware.
calian (OP)
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November 06, 2013, 10:52:36 AM
 #13

Some markets follow the hoard mentality, and I hope this is not the case, or else it will end up not so well. More or less like penny stock behavior. I hope I am wrong Tongue

You want penny stocks? Play with altcoins. BTC is the genuine article. It's not a great transactional currency. It can take 60 minutes to move your money. But it is the first money offering freedom. Freedom from bail-ins, capital controls, border controls, unbounded inflation, bank holidays, wire transfer fees, etc.
Bitcoin is for saving. Well it will be someday. Right now it's for crazy speculating. Enjoy the ride.
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November 06, 2013, 11:05:09 AM
 #14

Holy Crap!! Who is at the Helm!!

 
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November 06, 2013, 11:08:18 AM
 #15

Guys, what is the reason of this sudden price rise? Any fundamental changes happening somewhere?

Please learn one thing and only this thing when trading: the price rises because there are more people buying than selling.

If more stuff is bought than sold, where does the stuff come from that is only bought, but not sold?

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November 06, 2013, 11:09:07 AM
 #16

Guys, what is the reason of this sudden price rise? Any fundamental changes happening somewhere?

Please learn one thing and only this thing when trading: the price rises because there are more people buying than selling.

If more stuff is bought than sold, where does the stuff come from that is only bought, but not sold?
Why is someone buying so much stuff is the question. What changed ?

Revewing Bitcoin / Crypto mining Hardware.
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November 06, 2013, 11:09:27 AM
 #17

Holy Crap!! Who is at the Helm!!

noone. plus: we're entering uncharted territory and it's foggy as shit!

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November 06, 2013, 11:27:51 AM
 #18

Guys, what is the reason of this sudden price rise? Any fundamental changes happening somewhere?

Please learn one thing and only this thing when trading: the price rises because there are more people buying than selling.

If more stuff is bought than sold, where does the stuff come from that is only bought, but not sold?
Why is someone buying so much stuff is the question. What changed ?

China is buying up everything of value. Rumors have it that PBOC already bought 7000 owns of gold. They still have $3Trillion to spend and I guess they want to get rid of that crap.

I guess the reason we don't see commodities rally in similar ways to Bitcoin is that the prices are manipulated down. Once it turns out that the emperor is naked, I expect commodities prices skyrocket, too. That will be the mother of all squeezes.

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November 06, 2013, 11:35:05 AM
 #19

Some markets follow the hoard mentality, and I hope this is not the case, or else it will end up not so well. More or less like penny stock behavior. I hope I am wrong Tongue

You want penny stocks? Play with altcoins. BTC is the genuine article. It's not a great transactional currency. It can take 60 minutes to move your money. But it is the first money offering freedom. Freedom from bail-ins, capital controls, border controls, unbounded inflation, bank holidays, wire transfer fees, etc.
Bitcoin is for saving. Well it will be someday. Right now it's for crazy speculating. Enjoy the ride.

Few people understand this, even though it's crucial in order to understand the price movements and trends.
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November 06, 2013, 11:36:52 AM
 #20

If for some reason the Chinese government decides to put some of its trillions of dollars in T-bonds into Bitcoin... Seem ridiculous only because it's probably a bunch of old men, but some of those old men have to be approving the official news coverage. They have to have some understanding on some level.

And continuing with this wet dream, I could further speculate that unlike gold, which the Chinese government is encouraging its citizens to hoard partly probably because they could confiscate it later if needed, they can't confiscate bitcoins, so they may come to the conclusion that they have to buy them directly.
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