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Author Topic: We are on our way to 3.5-3.7!  (Read 9335 times)
grod
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October 07, 2011, 06:55:04 PM
 #21

With how shallow the ask side is, shouldn't the price be going up?

Haven't you learned the ask/bid volumes on mtgox are less real than porn star boobs?  They may be pretty, but I wouldn't base any lifechanging decisions on them.

What is real is the cost to run this network ($1000/hour) and bulls failing to deposit enough money to keep the pyramid from wobbling.
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Sitarow
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October 07, 2011, 06:57:03 PM
 #22

Not if the "Big Boys" are in collusion and have set a buy price around 3.5

Just saying.
wobber
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October 07, 2011, 07:00:38 PM
 #23

3.99? Anyone?

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RyNinDaCleM
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October 07, 2011, 07:05:17 PM
 #24

With how shallow the ask side is, shouldn't the price be going up?

Haven't you learned the ask/bid volumes on mtgox are less real than porn star boobs?  They may be pretty, but I wouldn't base any lifechanging decisions on them.

What is real is the cost to run this network ($1000/hour) and bulls failing to deposit enough money to keep the pyramid from wobbling.


No, I don't base anything solely on Gox charts! But, I thought it would be a round about idea of what's really going on there!

All these panic sellers should have their man cards revoked, get kicked in the nuts, and be IP banned from ALL exchanges!

wobber
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October 07, 2011, 07:08:02 PM
 #25

Dot ask how I came up with this:

http://bit.ly/qKCavv

It's the finaaal countdooown...

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Edward50
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October 07, 2011, 07:10:51 PM
 #26

We got to get that price into the $3.00 range to set a new psycological level. Sell guys, someone out there sell to drive the price into the $3's, and show that bitcoins should be cheap for everyone to own and afford.

Empty your mind, be formless, shapeless — like water. Now you put water in a cup, it becomes the cup; You put water into a bottle it becomes the bottle; You put it in a teapot it becomes the teapot. Now water can flow or it can crash. Be water, my friend.
wobber
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October 07, 2011, 07:12:19 PM
 #27

So true. I would like anyone in the world have the chance to buy 1 bitcoin. It would be great.

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worldinacoin
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October 07, 2011, 07:17:58 PM
 #28

It remains at above $4 but looks to be quite bearish, anymore hacking or unpleasant news will see it dive even more.
zby
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October 07, 2011, 07:25:10 PM
 #29

It remains at above $4 but looks to be quite bearish, anymore hacking or unpleasant news will see it dive even more.
It's just waiting for th to catch up.
wobber
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October 07, 2011, 07:28:42 PM
 #30

What happens if I would sell 1500?

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OneFixt
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October 07, 2011, 07:29:17 PM
 #31

So true. I would like anyone in the world have the chance to buy 1 bitcoin. It would be great.

Perhaps you mean .001 bitcoins, because there aren't 7,000,000,000 BTC in the world.

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Sitarow
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October 07, 2011, 07:29:36 PM
 #32

You would probably be Smiley and less worried about the obvious decline we are going into this weekend.
grod
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October 07, 2011, 07:31:53 PM
 #33

You would probably be Smiley and less worried about the obvious decline we are going into this weekend.

Yup, glad to see my strategy of selling on Tuesday mornings and/or Sunday nights is still sound.  Weekend effect in full swing.

Not buying until I see a massive hash rate drop on deepbit to confirm capitulation.  80% of the bitcoin community still being bullish is too rich for my blood.

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October 07, 2011, 07:34:08 PM
 #34

And we are below $4.
grod
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October 07, 2011, 07:35:11 PM
 #35

Let me be the first to admit I was wrong about 4.2.  Clearly the OP is better at this than I am.
Sitarow
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October 07, 2011, 07:35:52 PM
 #36

What happens if I would sell 1500?

Did you drop your 1500 about 3 mins ago?
wobber
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October 07, 2011, 07:36:46 PM
 #37

Just 1000

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Sitarow
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October 07, 2011, 07:38:03 PM
 #38

Not bad guess someone beet you to that 1500 drop Smiley I seen it tic by.
nmat
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October 07, 2011, 07:38:50 PM
 #39

I did see an 1000 order... Anyway: $3.86
wobber
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October 07, 2011, 07:39:24 PM
 #40

I want $2.9! then stop.

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