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Author Topic: RALLY!  (Read 36936 times)
molecular
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August 04, 2012, 11:39:19 PM
 #361

Going up a coupla bucks ain't a rally. It's just the slow growth of a few enlightened people getting what Bitcoin is about. There won't be a rally until something major happens.

like a media-hype because journalists realize @$30 that bitcoin somehow survived?

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Hexadecibel
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I still <3 u Satoshi


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August 04, 2012, 11:41:56 PM
 #362

I think there is some truth to that. The joe-blow media will pay attention again once bitcoin reaches new all-time highs.
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Let's talk governance, lipstick, and pigs.


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August 04, 2012, 11:42:31 PM
 #363

Even journalists will need a major event to report on. It's coming soon I think.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
n8rwJeTt8TrrLKPa55eU
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August 05, 2012, 03:27:36 PM
 #364

like a media-hype because journalists realize @$30 that bitcoin somehow survived?

This will be really significant, because one of the supposed ways in which you can retroactively define something as a "bubble" (or ponzi) is that, after bursting, it does not recover for a very long time (if at all).  So if Bitcoin were to retake the 30s anytime soon, it would forcibly shut up and discredit anyone using (or who has used) ad-hominems like "bubble" or "ponzi" to attack it.
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August 06, 2012, 12:19:49 AM
 #365

like a media-hype because journalists realize @$30 that bitcoin somehow survived?

This will be really significant, because one of the supposed ways in which you can retroactively define something as a "bubble" (or ponzi) is that, after bursting, it does not recover for a very long time (if at all).  So if Bitcoin were to retake the 30s anytime soon, it would forcibly shut up and discredit anyone using (or who has used) ad-hominems like "bubble" or "ponzi" to attack it.

Or existing people to bitcoin have short term memory problem and new people to bitcoin do not care that history tends to repeat itself.

Selling what i mine daily here. Good times again.
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Herp Derp PTY LTD


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August 06, 2012, 01:52:36 PM
 #366

Someone has accidentally fatfingered the "Buy it all" button.  Cool

Coming soon: Mt. Gox dialing wands, patent pending.


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August 06, 2012, 06:00:55 PM
 #367

I can't wait for us to surpass the old highs - if only to stop the idiot "bubble-heads" that come crawling out of the woodwork every time we advance in valuation.

fortitudinem multis - catenum regit omnia
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August 06, 2012, 06:05:32 PM
 #368

I can't wait for us to surpass the old highs - if only to stop the idiot "bubble-heads" that come crawling out of the woodwork every time we advance in valuation.

You're going to be waiting for looooooooooong time.
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August 06, 2012, 06:27:16 PM
 #369

I can't wait for us to surpass the old highs - if only to stop the idiot "bubble-heads" that come crawling out of the woodwork every time we advance in valuation.

You're going to be waiting for looooooooooong time.

Yup, we've already reached the 2012 high of $7.2... oh, hang on...  Grin
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August 06, 2012, 07:46:47 PM
 #370

You're going to be waiting for looooooooooong time.

Care to give me an over/under on that? I'm curious.

fortitudinem multis - catenum regit omnia
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August 06, 2012, 10:21:54 PM
 #371

You're going to be waiting for looooooooooong time.

Care to give me an over/under on that? I'm curious.
something similar probably...


First they ignore you, then they laugh at you, then they keep laughing, then they start choking on their laughter, and then they go and catch their breath. Then they start laughing even more.
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August 06, 2012, 11:22:23 PM
 #372

You're going to be waiting for looooooooooong time.

Care to give me an over/under on that? I'm curious.
something similar probably...



Looks like we are where silver was in 2006... sounds good to me Smiley
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August 07, 2012, 06:33:52 AM
 #373

Hah, I ask for odds and he gives me a silver chart...

Okay, lets just buckle in then and see what happens Smiley

fortitudinem multis - catenum regit omnia
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August 07, 2012, 07:00:37 AM
 #374

You might compress the timescales or not. I admit this is kind of convenient from a prediction standpoint because it gives 2 different results.
Also I am not proudhon Wink

First they ignore you, then they laugh at you, then they keep laughing, then they start choking on their laughter, and then they go and catch their breath. Then they start laughing even more.
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#BEL+++++


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August 09, 2012, 11:47:21 AM
 #375

Who's behind that?

http://bitcoincharts.com/charts/mtgoxUSD#rg10zigHourlyztgOzm1g10zm2g25

molecular
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August 09, 2012, 12:15:42 PM
 #376



lol, no sellers or some glitch?

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dancupid
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August 09, 2012, 06:22:42 PM
 #377



lol, no sellers or some glitch?


No sellers, but no-one is seriously going to buy since no one wants to sell - it's something of a standoff.
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August 10, 2012, 03:51:31 PM
 #378

Its funny, I was just about to post that we were trending down -- asks above 5 have declined by about 200k, bids below 15 increasing.  But I just wrote one other comment and bam! the 11.06 weakness evoked a real 5k+ askwall that already pushed the price to 11.50!

EDIT:  That wall got eaten down to 2k pretty quickly but 5 minutes later was built back with another 5k bid  -- somebody is seriously accumulating at or below 11.50.
EDIT2: Whoops! Another 7k just added to the wall!
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August 10, 2012, 04:46:01 PM
 #379

EDIT:  That wall got eaten down to 2k pretty quickly but 5 minutes later was built back with another 5k bid  -- somebody is seriously accumulating at or below 11.50.
EDIT2: Whoops! Another 7k just added to the wall!

You don't say?

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August 10, 2012, 05:58:29 PM
 #380

Pretty cool, had to draw a secondary trend-line since we've been diverging from the original. (From around the 8.50 area 11 days ago.) So, primary support at 11.00 with the longer term trendline suggesting another level around 10.00

Interesting to watch...

fortitudinem multis - catenum regit omnia
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