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Author Topic: RALLY!  (Read 37354 times)
Blitz­
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September 20, 2011, 01:50:58 PM
 #201

Indeed, forget price stability for a few years.

Ideally, Bitcoin will just rally strongly in bursts over time, until it is valued in 3 or 4 digits, when it should get much more stable due to a more mature market. I imagine that Bitcoin will first have to prove its utility as a store of value, and from there can be used as a genuine currency – as unit of account.

"Bitcoin had been transformed from an anarachistic challenge to the financial status quo, to the crypto spawn of Satan, fuelled by cut-throat greed and delusions of avarice." - MatTheCat
"these people don't seem to want to stop till Bitcoin is completely destroyed and left like an old cum rag in the corner of the room." - ShroomsKit
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September 20, 2011, 01:52:16 PM
 #202

How many people owned bitcoins in April? How many bought in as the price rose before June? How many people own bitcoins today? How many people will buy in as bitcoin doubles to $8 then $16? The pond gets bigger each rally.

If bitcoin can sustain a long rally then it will naturally attract a lot more speculators and the price will go parabolic.  We've seen this before.  We know how it ends.  People like to say 'it's different this time'.  It really isn't.

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September 20, 2011, 01:54:06 PM
 #203

New high, 6.79! BUY BUY BUY!
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September 20, 2011, 01:55:12 PM
 #204

a few recent bullish factors:  squashing of the alt chains, Gavins patches to prevent similar vulnerabilities like DDoS protection and Geist Geld fix, bottoming out in sentiment via selling capitulation, Congressional mention of Bitcoin.
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September 20, 2011, 01:55:40 PM
 #205

Top of the morning, everyone!  Awaked to the beautiful ramped price up what 60% or so off the bottom?  Love the smell of Burning Bears!

About 30% from this week's low. 40% since 9 Sept. Have we been lower? Anyone worried this puppy just went parabolic?

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September 20, 2011, 01:59:54 PM
 #206

Top of the morning, everyone!  Awaked to the beautiful ramped price up what 60% or so off the bottom?  Love the smell of Burning Bears!

About 30% from this week's low. 40% since 9 Sept. Have we been lower? Anyone worried this puppy just went parabolic?

6.62 from 4.18 = 58%.  sorry off by 2%

no such thing as a parabola at these bombed out levels.
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September 20, 2011, 02:01:20 PM
 #207

a few recent bullish factors:  squashing of the alt chains, Gavins patches to prevent similar vulnerabilities like DDoS protection and Geist Geld fix, bottoming out in sentiment via selling capitulation, Congressional mention of Bitcoin.
How about this: http://www.sibos.com/conferencedata/pages/session_details.page?sessionID=session_2455aa96-7a25-4fa3-89eb-f24f8fc0ee16

Personally, I’m already up now from where I was when the price was 10$ (where I sold and bought multiple times on the way down), thanks to the bears who donated me coins.

Let’s see if this can develop into something bigger.

"Bitcoin had been transformed from an anarachistic challenge to the financial status quo, to the crypto spawn of Satan, fuelled by cut-throat greed and delusions of avarice." - MatTheCat
"these people don't seem to want to stop till Bitcoin is completely destroyed and left like an old cum rag in the corner of the room." - ShroomsKit
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September 20, 2011, 02:19:32 PM
 #208

Grab the popcorn.  Price action is beginning to get interesting.

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September 20, 2011, 02:30:53 PM
 #209

Let’s see if this can develop into something bigger.

It will not go higher then $7.
Dead cat doesn't jump.
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September 20, 2011, 02:32:26 PM
 #210

Only because manipulator is placing 16000 btc walls at 7. And may have been the same person to drop 10000 btc like 20 minutes ago to make sure it didn't even get there.
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September 20, 2011, 02:34:50 PM
 #211

We've seen this before.  We know how it ends.  People like to say 'it's different this time'.  It really isn't.

Indeed we do; God bless!

6.62 from 4.18 = 58%.  sorry off by 2% : my bad (6.62 - 4.18)/4.18 not /6.62.

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September 20, 2011, 03:30:40 PM
 #212

Only because manipulator is placing 16000 btc walls at 7. And may have been the same person to drop 10000 btc like 20 minutes ago to make sure it didn't even get there.

Someone should teach this manipulator a lesson and barrel $100k+ into that wall to knock it down.  That will show him/her/them/it!

Do not send bitcoins to me: 16b8s7pBJ9rUmsExNW25qD5VUqVqRPZuXu
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September 20, 2011, 03:31:44 PM
 #213

That would be very enjoyable. Grin
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September 20, 2011, 03:55:48 PM
 #214

Only because manipulator is placing 16000 btc walls at 7. And may have been the same person to drop 10000 btc like 20 minutes ago to make sure it didn't even get there.

Someone should teach this manipulator a lesson and barrel $100k+ into that wall to knock it down.  That will show him/her/them/it!

I am pretty sure some pretty decent sized walls have already been broken. Just needs to crush some new ones  Cool
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September 20, 2011, 03:58:25 PM
 #215

Plenty of walls have gone down, but a 16000BTC wall stops a rally instantly. The market wants to go up, but the 'manipulator' probably wants it to go down so he/she/it/they can buy more cheaper again.
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September 20, 2011, 03:58:49 PM
 #216

Only because manipulator is placing 16000 btc walls at 7. And may have been the same person to drop 10000 btc like 20 minutes ago to make sure it didn't even get there.

Someone should teach this manipulator a lesson and barrel $100k+ into that wall to knock it down.  That will show him/her/them/it!

I am pretty sure some pretty decent sized walls have already been broken. Just needs to crush some new ones  Cool

"Mr. Gorbachev, tear down this wall!"  Cheesy

Do not send bitcoins to me: 16b8s7pBJ9rUmsExNW25qD5VUqVqRPZuXu
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ineededausername
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September 20, 2011, 03:59:49 PM
 #217

Damn, how many rallies has this manipulator stopped/hindered already?  
I think they stopped one a few weeks ago by keeping the price at 11.5, and then they stopped this one at 5.64 for a while, but they've probably been doing this for a long time.

(BFL)^2 < 0
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September 20, 2011, 04:00:14 PM
 #218

Fuck that wall...

I already bought 600 BTC and exausted all my money...

But what are YOU doing? Heh?

Common, if you are sure about the rally, outbuy the walls too! Soon we will see BTC skyrocketing again =D

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September 20, 2011, 04:05:44 PM
 #219

I already did days ago, and more people should as well.
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September 20, 2011, 06:30:37 PM
 #220

what's the opposite of catching a falling knife?

Greenlandic tupilak. Hand carved, traditional cursed bone figures. Sorry, polar bear, walrus and human remains not available for export.
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